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RE: (ENG/ESP) Steemit Crypto Academy Contest / S16W1: Cross-Asset Correlation Analysis

in SteemitCryptoAcademy6 months ago

Cross-asset correlation is the mutual relationship between different assets at a particular period or time.

Understanding how different things like stocks or cryptocurrencies move together or apart is like having a roadmap for investors. It helps them know if assets are dancing to the same tune or doing their own thing.

In a bullish market, everyone's holders are happy because they are running in profit, traders start feeling joyous about making money.

When things are going well in the market, everyone holding assets feels good, and traders get happy about earning money. It's like a positive vibe spreading around when the market is in a good mood.

The course assets correlation technique is a very powerful and necessary tool to help easily find risk management techniques to escape deadly loss or market liquidation.

Considering how assets relate to each other is like having a strong and needed tool. It makes it easier to figure out how to manage risks, avoiding big losses or getting caught up in a messy market situation.

Good luck and more success.

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 6 months ago 

Thanks for your loving comment i appreciate

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