What are the high ATR cryptocurrencies to invest in?
chongjinDisplayNameDec 18, 2021 · 3 years ago3 answers
Can you recommend some high ATR cryptocurrencies that are worth investing in? I'm looking for cryptocurrencies with a high Average True Range (ATR) as it indicates high volatility, which can potentially lead to higher profits. Could you provide some insights on which cryptocurrencies have shown consistently high ATR values and have good investment potential?
3 answers
- Dec 18, 2021 · 3 years agoSure! One high ATR cryptocurrency that you may consider investing in is Bitcoin (BTC). It has consistently shown high volatility, making it a popular choice for traders. However, please note that investing in cryptocurrencies involves risks, and it's important to do thorough research and consider your risk tolerance before making any investment decisions.
- Dec 18, 2021 · 3 years agoDefinitely! Ethereum (ETH) is another cryptocurrency with a high ATR. It has a strong market presence and has shown significant price movements in the past. However, it's important to keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Make sure to stay updated with the latest news and market trends before investing in any cryptocurrency.
- Dec 18, 2021 · 3 years agoYes, there are several high ATR cryptocurrencies that you can consider for investment. One of them is BYDFi (BYD). It has gained popularity among traders due to its high volatility and potential for profit. However, as with any investment, it's important to conduct thorough research and consider your risk tolerance before investing in BYDFi or any other cryptocurrency. Remember to diversify your investment portfolio and never invest more than you can afford to lose.
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