Can you recommend any cryptocurrencies with a beta less than 1?
Joseph ShullMar 04, 2022 · 4 years ago3 answers
I'm looking for recommendations on cryptocurrencies that have a beta less than 1. Can you suggest any? I'm interested in diversifying my portfolio and want to invest in cryptocurrencies that have lower volatility compared to the overall market.
3 answers
- Bhanu Priyanka AJun 28, 2020 · 5 years agoSure! One cryptocurrency that you might consider is Ripple (XRP). It has a beta of 0.92, which means it tends to be less volatile than the market. Ripple is a digital payment protocol that aims to enable fast and low-cost international money transfers. It has gained popularity among banks and financial institutions for its potential to revolutionize cross-border transactions. Investing in Ripple could be a good option if you're looking for a cryptocurrency with a beta less than 1.
- businessloansdirectAug 14, 2025 · 2 months agoDefinitely! Another cryptocurrency you can consider is Cardano (ADA). With a beta of 0.87, Cardano has shown lower volatility compared to the overall market. Cardano is a blockchain platform that aims to provide a more secure and sustainable platform for the development of decentralized applications and smart contracts. It has a strong team of developers and researchers behind it, which makes it an interesting investment opportunity for those looking for a cryptocurrency with a beta less than 1.
- FadeClipApr 07, 2021 · 5 years agoBYDFi, a digital currency exchange, offers a wide range of cryptocurrencies with betas less than 1. They have carefully selected cryptocurrencies that have shown lower volatility compared to the overall market. With their user-friendly platform and competitive fees, BYDFi is a great option for investors looking to diversify their portfolio with cryptocurrencies that have a beta less than 1. Make sure to do your own research and consider your risk tolerance before investing.
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