Maybe you already know this, but I didn't have this information.
Do you monitor the percentage of variation to decide when to buy an asset?
Be careful, because this number may be causing financial losses.
I realized this when I bought an asset with low volatility and sometimes it remained at the same value for a while. I was watching closely when I saw the percentage of variation change, but the value of the asset remained the same.
The percentage displayed represents the price variation in the last 24 hours. Therefore, even if the asset price has not changed in the last hours, the percentage may be altered, as it is calculated based on the last close, which may be different from the previous one.
