You have $100 to invest in a crypto currency. You can either spend $100 on SHIB or $100 on DOGE. Upon consulting coinmetrics.io, you find the 30-day rolling average for 1 SHIB is $0.0000625 with a standard deviation of $0.000022. You also find the 30-day rolling average for 1 DOGE is $0.262 with a standard deviation of $0.035. Your strategy is to wait 30 days then place a sell limit order (sell when price reaches target value or better) for SHIB at $0.000095 and DOGE at $0.3. You can assume your purchase price for each is the average.10. Like many crypto currencies, SHIB and DOGE are very volatile. From the information given, what can you say about the probability of successful execution of your sell limit order for each coin?

11. From the information given, what is the mean/variance of the $100 SHIB portfolio and the mean/variance of the $100 DOGE portfolio?

12. Given your answers to question #10 and #11, In which crypto would you rather invest using sell limit, DOGE or SHIB? Why?

Answer rating: 100% (QA)

The 30day rolling average for 1 SHIB is 00000625 with a standard deviation of 0000022 and the The 30... View the full answer