During these turbulent times in which volatility is spiking and all of crypto is deep in the red, the Crypto Volatility Index allows you to preserve your capital and even profit from market volatility.
Here is how:
On May 22nd the CVI spiked to 190.98, marking an all-time high in the Crypto Volatility Index — see graphs below:
The triggers to these spikes were both Elon Musk’s tweets on Twitter, which caused some panic among the crypto market, and China’s announcement to crack down on mining of cryptocurrencies.
CVI performed as expected: Users who opened a position on May 14th, when the CVI value was around 100, would have closed the position on the CVI value of 190, and made 90% gross profit — hedging against volatility, thus taking a profit. As a bonus, these users would also have received $GOVI and may have earned an additional 30% per annum by staking it.
Here are some examples of profitable trades made in the past few days:
Here is how to take advantage of volatility:
- Go to https://www.cvi.finance/
- Buy a position if you believe volatility in crypto is about to grow
- Follow the index
- Sell your position when reaching profit goal
- Claim your $GOVI rewards
- Stake your $GOVI to earn platform fees
For further instructions, read this Crypto Volatility Index Manual: https://cviofficial.medium.com/crypto-volatility-index-manual-add22a9cab1d
The Crypto Volatility Index is the missing link in crypto trading. It brings a new set of tools to the DeFi space within which you can buy a position as a speculation or as a hedge for your portfolio, become a liquidity provider to earn fees if you feel that volatility will decrease, and earn $GOVI on all of the above. Visit here: https://www.cvi.finance/
For all of our updates and to join the conversation, be sure to check out CVI channels:
Website: https://cvi.finance
Whitepaper: https://cvi.finance/files/cvi-white-paper.pdf
Twitter: https://twitter.com/official_CVI
Telegram (group): https://t.me/cviofficial
Telegram (channel): https://t.me/cvichannel
Discord: https://discord.gg/48K9EupjqY
