Filecoin Earns Thumbs Up for Risk Assessment

InvestorsObserver's risk assessment gives Filecoin a thumbs up, earning it a low-risk rating. This indicates Filecoin is a safe bet with a favorable risk gauge score. Portfolio managers focusing on risk assessment can find value in this analysis, as it tracks the ease of price manipulation and recent market changes for Filecoin.

Is Filecoin a Safe Bet?

InvestorsObserver has given Filecoin a thumbs up for risk assessment. Their system measures how easy it is to manipulate a coin's price by tracking how much money it took to shift its value in the past 24 hours, along with recent changes in volume and market cap. The scale goes from 0 to 100, with lower scores indicating higher risk and higher values representing lower risk.

How Risky is FIL Right Now?

FIL's current risk gauge score suggests it's a low-risk investment. This means that portfolio managers who prioritize risk assessment will find this gauge useful in identifying and avoiding (or targeting) riskier investments.

Why the Low Risk?

FIL's price volatility over the past 24 hours, combined with changes in trading volume, has resulted in a low risk analysis. This suggests that investors can have confidence in the coin's resistance to manipulation at this time.

Bottom Line

If you're looking for a low-risk investment, Filecoin may be worth considering. Its current risk gauge score indicates that it's less likely to be manipulated than other coins. However, it's important to remember that all investments carry some degree of risk, so it's always wise to do your own research before making any decisions.