Bitcoin’s Non-Correlation Shows Risk of Diversifying Cryptocurrencies

Bitcoin’s Non-Correlation Shows Risk of Diversifying Cryptocurrencies
The belief that cryptocurrencies have a correlation to traditional markets may be leading amateur investors down the wrong path putting their portfolio at risk. Cryptocurrency Not Inversely Correlated to Larger Markets There’s been plenty of discussion on whether Bitcoin and other cryptocurrencies are correlated to commodities and larger financial markets. And while there is yet to be a definitive answer to this question, it is clear that cryptocurrencies tend to follow their own path. PlentyRead MoreThe post Bitcoin’s Non-Correlation Shows Risk of Diversifying Cryptocurrencies appeared first on Bitcoinist.com. For Further Information Click on Below Button
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