What are the best filters for streaming live cryptocurrency prices?
Arbaz BhattiDec 24, 2021 · 3 years ago3 answers
I am looking for the best filters to use when streaming live cryptocurrency prices. What are some effective filters that can help me get accurate and relevant data?
3 answers
- Dec 24, 2021 · 3 years agoOne of the best filters to use when streaming live cryptocurrency prices is volume. By filtering out low volume coins, you can focus on the ones that are actively traded and have more liquidity. This can help you avoid illiquid coins that may have exaggerated price movements. Additionally, you can filter by market cap to focus on the most established and widely traded cryptocurrencies. Another useful filter is price change percentage, which allows you to identify coins that are experiencing significant price movements. By using these filters, you can streamline your data and make more informed trading decisions.
- Dec 24, 2021 · 3 years agoWhen it comes to streaming live cryptocurrency prices, it's important to use filters that suit your specific trading strategy. Some popular filters include filtering by market cap, trading volume, and price change percentage. Market cap filtering allows you to focus on the largest and most established cryptocurrencies, while trading volume filtering helps you identify coins that are actively traded. Price change percentage filtering can be useful for identifying coins with significant price movements. Experiment with different filters and see which ones work best for your trading style.
- Dec 24, 2021 · 3 years agoAt BYDFi, we recommend using filters such as market cap, trading volume, and price change percentage when streaming live cryptocurrency prices. These filters can help you narrow down your focus to the most relevant and promising coins. Market cap filtering allows you to prioritize larger and more established cryptocurrencies, while trading volume filtering helps you identify coins that are actively traded. Price change percentage filtering can be useful for spotting coins with significant price movements. By using these filters, you can stay updated on the latest cryptocurrency prices and make more informed trading decisions.
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