How does the equal weight rating impact the value of digital currencies?

1 answers

• Effat Jahan ShraboniJul 12, 2021 · 4 years ago
  At BYDFi, we believe that the equal weight rating can have a positive impact on the value of digital currencies. By assigning equal importance to each currency in an index or portfolio, it ensures a fair representation of the market. This rating system prevents larger cryptocurrencies from dominating the index and allows smaller ones to have a chance to shine. It also promotes diversification, as the value of the index is not solely dependent on the performance of a few dominant cryptocurrencies. Overall, the equal weight rating can contribute to a more stable and balanced portfolio of digital currencies.
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