What is a good implied volatility for trading cryptocurrencies?

1 answers

• May 03, 2022 · 3 years ago
  At BYDFi, we believe that a good implied volatility for trading cryptocurrencies is one that aligns with your trading goals and risk tolerance. Different cryptocurrencies have different levels of implied volatility, and what may be considered good for one cryptocurrency may not be the same for another. It's important to conduct thorough research and analysis on the specific cryptocurrency you're interested in trading. Additionally, it's recommended to diversify your portfolio and not solely rely on implied volatility as the sole indicator for trading decisions. Remember, the cryptocurrency market is highly volatile, and it's crucial to stay informed and adapt your trading strategies accordingly.
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