Invest in Monaco, Ark and Verge to make money on a Short Term
Invest in Monaco, Ark and Verge to make money on a Short Term. The beta value can measure a coins volatility in relation to that of the market. For stock investors the beta value of a portfolio is an important measure of risk, a value above 1 means the investment is more volatile than the market, a value lower than 1 is less volatile.
It can be helpful to do a beta analysis for your portfolio to see how returns match up against the beta and spot real winners (low beta, high returns). Here are some popular altcoins and their beta values for the last 60 days ending Oct 9, 2017. The coins were chosen by market cap, enough available data and an existing community. Since most altcoins are still sold and bought using Bitcoin (BTC), its price will be the market, giving BTC a beta of 1.
Here are the results.
Beta value compared to return
Coins with low beta and high return
Coins with negative returns
- ETH has a beta of 0.99
- MCO has the highest return and highest beta
- A lot of coins have a high beta on negative returns
What is Verge?
Verge is a cryptocurrency that focuses on total anonymity and privacy for its users.
Whereas Bitcoin succeeded in the mission of creating a decentralised cryptocurrency, Verge brings it further by making transactions completely anonymous. The currency is virtually untraceable and the users of Verge can make instant anonymous transactions.
Monaco allows users to spend and send money globally at perfect interbank exchange rates, saving EUR30-40 on every EUR500 equivalent spent. Monaco Card will work on the VISA® network, giving it world-wide acceptance.