I'm curious about the term 'SD' in the context of cryptocurrency. I've encountered it a few times but I'm not sure what it stands for or its significance in the crypto world. Could someone explain what SD means in this domain?
6 answers
EnchantedMoon
Tue Nov 05 2024
Such swings indicate a higher degree of volatility in the cryptocurrency market.
DigitalDynastyQueen
Tue Nov 05 2024
The standard deviation, once calculated, serves as a tool for assessing the volatility of a cryptocurrency.
Valentina
Tue Nov 05 2024
Conversely, a lower standard deviation implies more predictable and stable price movements.
Caterina
Tue Nov 05 2024
This statistical measure provides insights into the price fluctuations of the digital asset.
Eleonora
Tue Nov 05 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions.