Which digital currencies have a beta coefficient lower than 1?

4 answers

• Clark HoltDec 27, 2020 · 5 years ago
  Sure! There are several digital currencies that have a beta coefficient lower than 1. Some examples include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have shown relatively lower volatility compared to the overall market. However, it's important to note that beta coefficients can change over time, so it's always recommended to do thorough research and analysis before making any investment decisions. Happy investing! 😊
  467

  234
• AnraiOct 07, 2021 · 4 years ago
  Absolutely! When it comes to digital currencies with a beta coefficient lower than 1, you can consider Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have demonstrated a more stable price movement compared to the broader market. It's worth mentioning that beta coefficients are just one of the factors to consider when evaluating investment opportunities. Remember to diversify your portfolio and consult with a financial advisor if needed. Good luck! 👍
  495

  165
• Faisal Iqbal SajibSep 12, 2023 · 2 years ago
  As an expert in the field, I can confirm that several digital currencies have a beta coefficient lower than 1. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are among the cryptocurrencies that exhibit lower volatility compared to the overall market. This means that their price movements are relatively less influenced by market fluctuations. However, it's important to conduct thorough research and consider other factors before making any investment decisions. Always stay informed and make informed choices. Best of luck! 😊
  545

  137
• Guerkan DoenerJan 08, 2024 · 2 years ago
  BYDFi, a leading digital currency exchange, offers a wide range of cryptocurrencies with beta coefficients lower than 1. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are some of the popular options available on the platform. These cryptocurrencies have demonstrated stability and lower volatility, making them attractive to investors looking for less risky options. Remember to do your own research and consider your investment goals before making any decisions. Happy trading! 😊
  499

  100