How does VIX9D compare to other volatility indicators in the cryptocurrency market?

3 answers

• Mar 23, 2022 · 3 years ago
  VIX9D is a volatility indicator specifically designed for the cryptocurrency market. It measures the expected 9-day volatility of Bitcoin based on the options market. Compared to other volatility indicators, VIX9D provides a more accurate and real-time assessment of market volatility. It takes into account the market sentiment and expectations of traders, which can be valuable information for making trading decisions. However, it's important to note that no single indicator can predict market movements with 100% accuracy. Traders should use VIX9D in conjunction with other technical and fundamental analysis tools for a comprehensive view of the market.
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• Mar 23, 2022 · 3 years ago
  VIX9D is like the weather forecast for the cryptocurrency market. It gives you an idea of how stormy or calm the market is expected to be in the next 9 days. Other volatility indicators, such as historical volatility and implied volatility, provide different perspectives on market volatility. Historical volatility looks at past price movements to estimate future volatility, while implied volatility reflects the market's expectations of future volatility. Each indicator has its strengths and weaknesses, and traders often use a combination of indicators to get a clearer picture of market conditions. VIX9D can be a useful tool for short-term traders who want to gauge the current sentiment and potential price swings in the cryptocurrency market.
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• Mar 23, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers VIX9D as one of its volatility indicators. VIX9D is widely used by traders to assess market volatility and make informed trading decisions. Compared to other volatility indicators, VIX9D provides a more accurate and real-time assessment of market volatility in the cryptocurrency market. Traders can use VIX9D to identify periods of high volatility and adjust their trading strategies accordingly. However, it's important to note that no indicator can guarantee profits or predict market movements with certainty. Traders should always conduct their own research and analysis before making any trading decisions.
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