Can you recommend any cryptocurrencies with a beta less than 1?

3 answers

• May 02, 2022 · 3 years ago
  Sure! One cryptocurrency that you might consider is Ripple (XRP). It has a beta of 0.92, which means it tends to be less volatile than the market. Ripple is a digital payment protocol that aims to enable fast and low-cost international money transfers. It has gained popularity among banks and financial institutions for its potential to revolutionize cross-border transactions. Investing in Ripple could be a good option if you're looking for a cryptocurrency with a beta less than 1.
  485

  243
• May 02, 2022 · 3 years ago
  Definitely! Another cryptocurrency you can consider is Cardano (ADA). With a beta of 0.87, Cardano has shown lower volatility compared to the overall market. Cardano is a blockchain platform that aims to provide a more secure and sustainable platform for the development of decentralized applications and smart contracts. It has a strong team of developers and researchers behind it, which makes it an interesting investment opportunity for those looking for a cryptocurrency with a beta less than 1.
  500

  167
• May 02, 2022 · 3 years ago
  BYDFi, a digital currency exchange, offers a wide range of cryptocurrencies with betas less than 1. They have carefully selected cryptocurrencies that have shown lower volatility compared to the overall market. With their user-friendly platform and competitive fees, BYDFi is a great option for investors looking to diversify their portfolio with cryptocurrencies that have a beta less than 1. Make sure to do your own research and consider your risk tolerance before investing.
  478

  120