CryptoBaron
Wed Aug 28 2024
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5 answers
994
What does basis mean in crypto investing?
Could you please explain what the term 'basis' refers to in the context of cryptocurrency investing? I've heard it mentioned a few times but I'm not entirely clear on its significance and how it impacts investment decisions. Understanding this concept would definitely help me navigate the crypto market more confidently. Could you elaborate on its definition, how it's calculated, and any potential implications for investors?
SumoPowerful
Wed Jul 17 2024
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6 answers
1108
What is a 'basis' for cryptocurrency?
Could you elaborate on the concept of 'basis' in the context of cryptocurrency? I'm curious to understand how it differs from traditional financial assets and what factors determine the basis for a particular crypto token. Is it primarily based on supply and demand, technological advancements, or some other metric? Understanding the underpinnings of this term is crucial for investors navigating the volatile world of digital currencies.
