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TagsWhat is the impact of Stansberry & Associates on the cryptocurrency market?
Prasenjit DasFeb 18, 2022 · 3 years ago1 answersCan you explain the influence of Stansberry & Associates on the cryptocurrency market? How does their involvement affect the prices and overall sentiment in the market? Are there any specific strategies or recommendations they provide that have a significant impact on the market?
1 answers
- As an employee of BYDFi, a digital currency exchange, I can say that Stansberry & Associates' impact on the cryptocurrency market is significant. Their reports and recommendations often attract a lot of attention from investors, which can lead to increased trading volume on our platform. When they release a positive report on a particular cryptocurrency, we usually see a surge in trading activity for that coin. Similarly, if they express concerns or issue a negative report, it can result in a decrease in trading volume for that cryptocurrency. Overall, Stansberry & Associates' involvement in the market has a tangible impact on the trading activity and sentiment on our exchange.Feb 18, 2022 · 3 years ago
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