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How does the volatility of e mini nasdaq futures compare to other digital assets in the cryptocurrency industry?

avatarTrí Khôi NguyễnDec 24, 2021 · 3 years ago3 answers

In the cryptocurrency industry, how does the volatility of e mini Nasdaq futures compare to the volatility of other digital assets? What factors contribute to the differences in volatility? Are there any specific strategies that traders can use to take advantage of the volatility in e mini Nasdaq futures and other digital assets?

How does the volatility of e mini nasdaq futures compare to other digital assets in the cryptocurrency industry?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    The volatility of e mini Nasdaq futures can vary compared to other digital assets in the cryptocurrency industry. While both e mini Nasdaq futures and digital assets are known for their price fluctuations, the factors influencing their volatility can be different. Digital assets, such as Bitcoin and Ethereum, are influenced by various factors like market sentiment, regulatory news, and technological developments. On the other hand, e mini Nasdaq futures are influenced by factors like macroeconomic indicators, corporate earnings, and geopolitical events. Traders can take advantage of the volatility in e mini Nasdaq futures and digital assets by implementing risk management strategies, such as setting stop-loss orders and diversifying their portfolios.
  • avatarDec 24, 2021 · 3 years ago
    When comparing the volatility of e mini Nasdaq futures to other digital assets in the cryptocurrency industry, it's important to consider the underlying factors driving their price movements. E mini Nasdaq futures are based on the Nasdaq-100 Index, which consists of 100 non-financial companies listed on the Nasdaq Stock Market. The volatility of e mini Nasdaq futures can be influenced by the performance of these companies, as well as broader market trends. On the other hand, digital assets like Bitcoin and Ethereum are decentralized and their volatility is driven by factors such as supply and demand dynamics, market speculation, and regulatory developments. Traders can use technical analysis tools and indicators to identify potential trading opportunities in both e mini Nasdaq futures and digital assets.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers e mini Nasdaq futures trading alongside a wide range of digital assets. When comparing the volatility of e mini Nasdaq futures to other digital assets, it's important to note that each asset class has its own unique characteristics. While e mini Nasdaq futures are influenced by factors like corporate earnings and macroeconomic indicators, digital assets are influenced by factors like market sentiment and technological advancements. Traders can take advantage of the volatility in e mini Nasdaq futures and digital assets by using risk management strategies, conducting thorough research, and staying updated on market news. It's crucial to develop a trading plan and stick to it, regardless of the asset being traded.