How can investors utilize INAV to make better trading decisions in the crypto market?
Tushar ChaturvediDec 24, 2021 · 3 years ago1 answers
What is INAV and how can investors use it to improve their trading decisions in the cryptocurrency market?
1 answers
- Dec 24, 2021 · 3 years agoINAV, or Indicative Net Asset Value, is a calculation used to estimate the value of an investment fund's assets. In the crypto market, investors can utilize INAV to gain insights into the potential value of a cryptocurrency. By comparing the INAV to the current market price, investors can identify discrepancies and potential opportunities for trading. If the INAV is higher than the market price, it may indicate that the cryptocurrency is undervalued and could be a good investment. Conversely, if the INAV is lower than the market price, it may suggest that the cryptocurrency is overvalued and could be a potential selling opportunity. However, it's important to conduct thorough research and analysis before making any trading decisions based on INAV alone. Other factors such as market trends, news, and technical analysis should also be taken into consideration.
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