Neron56Dec 24, 2021 · 3 years ago7 answers What strategies can be used to optimize a portfolio based on changes in the correlation coefficient between two cryptocurrencies?
In the world of cryptocurrency, the correlation coefficient between two cryptocurrencies can provide valuable insights into their price movements. How can one effectively optimize their portfolio based on changes in this correlation coefficient? What strategies can be employed to take advantage of the relationship between two cryptocurrencies and maximize returns while minimizing risks?