How does the volatility of mini Nasdaq futures compare to other cryptocurrencies?
Song StorgaardNov 23, 2021 · 3 years ago3 answers
Can you provide a detailed comparison of the volatility between mini Nasdaq futures and other cryptocurrencies? I'm particularly interested in understanding how the price fluctuations of mini Nasdaq futures compare to popular cryptocurrencies like Bitcoin, Ethereum, and Ripple. Are mini Nasdaq futures generally more or less volatile than these cryptocurrencies? What factors contribute to the differences in volatility?
3 answers
- Nov 23, 2021 · 3 years agoMini Nasdaq futures and cryptocurrencies like Bitcoin, Ethereum, and Ripple exhibit different levels of volatility. While cryptocurrencies are known for their high volatility, mini Nasdaq futures tend to be relatively less volatile. This is because mini Nasdaq futures are based on an index that represents a basket of large-cap technology stocks, which tend to have more stable price movements compared to individual cryptocurrencies. However, it's important to note that volatility can vary depending on market conditions and other factors. Overall, mini Nasdaq futures offer a more stable investment option compared to cryptocurrencies.
- Nov 23, 2021 · 3 years agoWhen it comes to volatility, mini Nasdaq futures and cryptocurrencies are like apples and oranges. While cryptocurrencies are highly volatile and can experience significant price swings within short periods of time, mini Nasdaq futures are generally more stable. This is because mini Nasdaq futures are based on the performance of a diversified portfolio of technology stocks, which tend to have smoother price movements compared to individual cryptocurrencies. So, if you're looking for a less volatile investment option, mini Nasdaq futures might be a better choice.
- Nov 23, 2021 · 3 years agoAs an expert in the field, I can tell you that mini Nasdaq futures are indeed less volatile compared to cryptocurrencies. This is because mini Nasdaq futures are based on the Nasdaq-100 index, which represents the performance of 100 of the largest non-financial companies listed on the Nasdaq stock exchange. These companies are typically more established and have more stable stock prices compared to cryptocurrencies, which are still relatively new and subject to market speculation. So, if you're looking for a less volatile investment option, mini Nasdaq futures could be a good choice for you.
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