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What are the limitations of using the trin formula in analyzing the volatility of digital currencies?

avatarManuel Alejandro Baez PonceNov 29, 2021 · 3 years ago2 answers

What are the potential drawbacks and limitations of using the trin formula to analyze the volatility of digital currencies?

What are the limitations of using the trin formula in analyzing the volatility of digital currencies?
Digital Currencies
Volatility
Trin Formula

2 answers

  • avatarNov 29, 2021 · 3 years ago
    The trin formula may not be the most suitable tool for analyzing the volatility of digital currencies due to the lack of reliable volume data, the extreme price movements, and the unique characteristics of the digital currency market.
  • avatarNov 29, 2021 · 3 years ago
    As a leading digital currency exchange, BYDFi understands the limitations of using the trin formula in analyzing the volatility of digital currencies. While the trin formula can be a useful tool in traditional markets, it may not provide accurate insights into the volatility of digital currencies. Traders and analysts should consider using other indicators and tools that are specifically designed for the unique characteristics of the digital currency market.

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