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What are historical data?
Know more about historical data and how you can use this in investing in cryptocurrencies...
Historical data is digital information outlining activity, conditions and trends in a coin's past. Historical data is often archived, and may be held in non-volatile, secondary storage. Historical data can be useful in helping to predict the future of a cryptocurrency or the market as a whole, as when conducting predictive analyses.
Historical data analysis is the study of market behavior over a given period of time. The phrase “market behavior” is used in reference to the many different facets of the cryptocurrency market and their interactions. Recorded market-related data such as price, volatility and volume are able to be quantified and studied over a defined period.
Through detailed examination of a market’s past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained over the course of the process may prove useful in developing a viable trading plan or improving an existing methodology.
Navigate and study featured, trending and interesting coins to wisely build your investing decisions. Always remember to invest based on your own analysis not on what someone told you, anyway please don't invest what you cannot afford to lose, keep in mind market risks are insanely high ...
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