BITM Crypto
BITM is trading at 3.0E-5 as of the 28th of November 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for BITM are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
BITM is a digital token from a market place for p-2-p internet money called Cryptocurrency. Please note that BITM has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as BITM are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as BITM are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
BITM Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. BITM's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding BITM or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
BITM is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. BitMoney is a Xevan-based algorithm cryptocurrency. It has a 60 sec Block time target and features a second layer network of masternodes that process private and near-instant transactions. Click [here](https://masternodes.online/) for Masternode stats from masternodes.online. The project team is currently developing the new web space, more details will be added when its launched. The BitMoney ticker is known on most of the Exchanges where it is tradeable by BIT. | |
| Symbol | BITM |
| Rating | D- |
| Technology Adoption Rating | D- |
| Market Performance Rating | C- |
| Name | BITM |
| Proof Type | Pos |
| Sponsored | false |
| Algorithm | XEVAN |
| Is Trading | true |
| Asset Launch Date | 2018-10-11 |
| Full Name | BitMoney (BITM) |
| Asset Website Url | https://bitmoney.ws/ |
| Platform Type | blockchain |
| Coin Name | BitMoney |
BITM (BITM) is traded on CRYPTO Exchanges. BITM is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BITM's market, we take the total number of its shares issued and multiply it by BITM's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
BITM's Exchanges and Markets
BITM Risk Profiles
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.43 |
BITM Technical Analysis
When it comes to investing in cryptocurrency, such as BITM, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of BITM, which is currently traded at 3.0E-5, shows everything you need to know about BITM market value. You don't have to consider the fundamental factors that affect a crypto asset, such as BITM, to determine its price movements. However, the BITM's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so BITM's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project BITM's future price trendTransformation |
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BITM Against Markets
BITM Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BITM crypto coin to make a market-neutral strategy. Peer analysis of BITM could also be used in its relative valuation, which is a method of valuing BITM by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having BITM in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.