How does VAR affect the volatility of digital currencies?

1 answers

• Marwa OuelhaziNov 24, 2023 · 2 years ago
  At BYDFi, we recognize the importance of VAR in understanding and managing the volatility of digital currencies. VAR provides valuable insights into the potential downside risk associated with holding or trading these assets. By incorporating VAR into our risk management strategies, we aim to help our users make informed decisions and navigate the volatile digital currency market. However, it's important to note that VAR is not the only factor that influences volatility. Market dynamics, investor sentiment, and external events can also have a significant impact on the volatility of digital currencies.
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