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Which digital assets are most suitable for applying the straddling method?

avatarBence TóthDec 26, 2021 · 3 years ago1 answers

In the world of digital assets, which specific cryptocurrencies are considered to be the best candidates for implementing the straddling method? How does the straddling method work and what factors should be taken into consideration when selecting these assets?

Which digital assets are most suitable for applying the straddling method?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that the straddling method can be applied to a wide range of digital assets, not just limited to the well-known cryptocurrencies. While Bitcoin and Ethereum are often the go-to choices, it's important to explore other options as well. Lesser-known altcoins can sometimes offer even greater opportunities for implementing the straddling method due to their higher volatility. However, it's crucial to conduct thorough research and analysis before selecting any digital asset for this strategy. Factors such as liquidity, market trends, and historical price movements should be taken into consideration to ensure the best possible outcome.