When discussing “diversification,” look beyond the number of assets and also check for shared exposures and the observation window; historical correlations are not guaranteed to remain constant.
First, here are the current figures for $ASTR : Binance spot, 11/11 14:00–15:00 (Beijing time). The price fell 0.77% over the hour, with a trading volume of 2,840.09 USDT, 0.97 times that of the previous hour. The closing price for the period was 0.004923 USDT.
Holding different assets can still leave you exposed to similar market factors at the same time. If those assets move up and down together over a given period, adding more names does not mean shared risks have been eliminated. Correlations can also change with the sample window and market conditions. To assess diversification, look at how assets relate to one another rather than simply counting the names on the list.
#ASTR #Crypto chat
First, here are the current figures for $ASTR : Binance spot, 11/11 14:00–15:00 (Beijing time). The price fell 0.77% over the hour, with a trading volume of 2,840.09 USDT, 0.97 times that of the previous hour. The closing price for the period was 0.004923 USDT.
Holding different assets can still leave you exposed to similar market factors at the same time. If those assets move up and down together over a given period, adding more names does not mean shared risks have been eliminated. Correlations can also change with the sample window and market conditions. To assess diversification, look at how assets relate to one another rather than simply counting the names on the list.
#ASTR #Crypto chat