How can I convert minutes to decimal values in cryptocurrency trading?
Md Jehan hasanNov 25, 2022 · 3 years ago3 answers
I'm new to cryptocurrency trading and I've heard people talking about converting minutes to decimal values. Can someone explain how to do that? What is the purpose of converting minutes to decimal values in cryptocurrency trading?
3 answers
- KevinBJun 19, 2021 · 4 years agoSure, converting minutes to decimal values in cryptocurrency trading is a common practice. It allows traders to easily calculate and compare time intervals. To convert minutes to decimal values, you simply divide the number of minutes by 60. For example, if you have 90 minutes, you would divide 90 by 60 to get 1.5. This means that 90 minutes is equal to 1.5 hours. By converting minutes to decimal values, traders can easily calculate time-based indicators and make more informed trading decisions.
- Sinkan SuravitaMay 20, 2023 · 2 years agoConverting minutes to decimal values in cryptocurrency trading is a way to standardize time measurements. It makes it easier to compare different time intervals and analyze trading patterns. To convert minutes to decimal values, you divide the number of minutes by 60. For example, if you have 120 minutes, you divide 120 by 60 to get 2. This means that 120 minutes is equal to 2 hours. By converting minutes to decimal values, traders can easily calculate time-based indicators such as moving averages and identify trading opportunities.
- Cone HeroJul 19, 2023 · 2 years agoConverting minutes to decimal values in cryptocurrency trading is a useful technique for analyzing time-based data. It allows traders to easily compare different time intervals and identify patterns in price movements. To convert minutes to decimal values, you divide the number of minutes by 60. For example, if you have 180 minutes, you divide 180 by 60 to get 3. This means that 180 minutes is equal to 3 hours. By converting minutes to decimal values, traders can analyze price movements over different time frames and make more accurate predictions.
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