Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Just to elaborate:

On a yearly basis the only two coins among the top coins that correlate less with the coins listed in the index are Ripple and Stellar.

Source:

http://cryptoport.net/blog/diversification-i.html (my blog, just scroll down to the correlation matrices)

EDIT: "don't correlate closely" -> "correlate less"



They are still very correlated with the other top crypto coins. In the most recent crash Stellar and Ripple plunged just the same.


Fixed it, thanks.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: