Can nysearca:eqal be used as a benchmark for evaluating cryptocurrency performance?

1 answers

• Fellipe BastosFeb 01, 2024 · 2 years ago
  As a representative of BYDFi, I would say that nysearca:eqal can be used as a benchmark for evaluating cryptocurrency performance, but it should not be the only benchmark. Cryptocurrencies have their own unique characteristics and market dynamics that may not be fully captured by nysearca:eqal. It is important to consider other cryptocurrency-specific benchmarks and indicators to get a comprehensive view of their performance. Additionally, it is crucial to conduct thorough research and analysis before making any investment decisions in the cryptocurrency market.
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