Binance Coin As a Hedge In a Bear MarketsteemCreated with Sketch.

in binance •  6 years ago  (edited)

Trading ideas

  • The market is taking Binance coin (BNB coin) as a safe haven during the downward trend of Bitcoin in the recent 3 months.
  • BNB goes up when Bitcoin goes down.
  • This can be a potential hedge against a downside movement of Bitcoin - Note however that there is no perfect hedge in the financial world.


Source: Yahoo Finance

Legal Disclaimer:This article is for general informational and educational purposes only. This article is not financial advice or any other kind of professional advice. This article does not constitute a solicitation of investment in any jurisdiction.

binance coin hedge bitcoin
6 years ago by

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