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How can I use AAPL and ATR to diversify my cryptocurrency portfolio?

avatarJohn TakerDec 16, 2021 · 3 years ago1 answers

I'm looking to diversify my cryptocurrency portfolio and I've heard about using AAPL and ATR. How can I use AAPL and ATR to diversify my cryptocurrency portfolio? What strategies can I implement?

How can I use AAPL and ATR to diversify my cryptocurrency portfolio?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we recommend considering AAPL and ATR as part of your cryptocurrency portfolio diversification strategy. AAPL offers a stable and established investment option, while ATR can help you gauge market volatility. By including these assets in your portfolio, you can potentially reduce risk and increase the overall stability of your investments. However, it's important to note that diversification alone does not guarantee profits or protect against losses. It's always advisable to do thorough research and consult with a financial advisor before making any investment decisions.