GRIN Profile

GRIN
 Crypto
  

USD 0.0465  0.0001  0.21%   

Market Performance
0 of 100
Odds Of Distress
Less than 48
GRIN is trading at 0.0465 as of the 9th of December 2022, a -0.21% down since the beginning of the trading day. GRIN has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for GRIN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
GRIN is peer-to-peer digital currency powered by the Blockchain technology. More on GRIN

Moving together with GRIN

+0.64BTCBitcoinPairCorr
GRIN is and internet exchange entity for P2P digital cash denominated as Cryptocurrency. GRIN has been active in the last 3 months, and it is now trading with a bearish sentiment. Cryptocurrencies such as GRIN are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as GRIN are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

GRIN Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. GRIN's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding GRIN or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
GRIN generated a negative expected return over the last 90 days
GRIN has some characteristics of a very speculative cryptocurrency
GRIN has high historical volatility and very poor performance
GRIN is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 14 exchanges in multiple currencies. Grin empowers anyone to transact or save modern money without the fear of external control or oppression. Grin is designed for the decades to come, not just tomorrow. Grin wants to be usable by everyone, regardless of borders, culture, skills or access. Grin has no amounts and no addresses. Transactions can be trivially aggregated. To hide where a newly created transaction comes from, it gets relayed privately (a "random walk") among peers before it is publicly announced.
IndustryFinancial and Insurance Activities
FINMAPayment,Asset
FCAExchange,Asset
AccessPermissionless
Collateralized AssetNo
SymbolGRIN
Difficulty1,850.38 Trillion
RatingC-
Market Performance RatingE+
NameGRIN
Proof TypePoW
Sponsoredfalse
AlgorithmC31
Is Tradingtrue
Net Hashes Per Second1,898.2
Asset Launch Date2019-01-15
Full NameGrin (GRIN)
Asset Website Urlhttps://grin.mw/
Block Number1.5 Million
Platform Typeblockchain
Coin NameGrin
Total Coins Mined84.96 Million
GRIN (GRIN) is traded on CRYPTO Exchanges. GRIN is peer-to-peer digital currency powered by the Blockchain technology.

GRIN's Exchanges and Markets

Bit2C Poloniex ABCC BitMart CoinBene Bgogo LBank HitBTC ZB Kucoin Bibox CBX CoinEx BigONE

GRIN Target Price Odds Analysis

What are GRIN's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of GRIN jumping above the current price in 90 days from now is about 65.44%. The GRIN probability density function shows the probability of GRIN crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon GRIN has a beta of 0.1673. This usually indicates as returns on the market go up, GRIN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GRIN will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. GRIN is significantly underperforming NYSE Composite.
  Odds Below 0.0465HorizonTargetOdds Above 0.0465
34.47%90 days
 0.0465 
65.44%
Based on a normal probability distribution, the odds of GRIN to move above the current price in 90 days from now is about 65.44 (This GRIN probability density function shows the probability of GRIN Crypto Coin to fall within a particular range of prices over 90 days) .

GRIN Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. GRIN market risk premium is the additional return an investor will receive from holding GRIN long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GRIN. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although GRIN's alpha and beta are two of the key measurements used to evaluate GRIN's performance over the market, the standard measures of volatility play an important role as well.

GRIN Technical Analysis

When it comes to investing in cryptocurrency, such as GRIN, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of GRIN, which is currently traded at 0.0465, shows everything you need to know about GRIN market value. You don't have to consider the fundamental factors that affect a crypto asset, such as GRIN, to determine its price movements. However, the GRIN's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so GRIN's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project GRIN's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. GRIN Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe GRIN price patterns.
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GRIN Against Markets

Picking the right benchmark for GRIN crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GRIN crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GRIN is critical whether you are bullish or bearish towards GRIN at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in GRIN without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in GRIN

You need to understand the risk of getting into digital currencies such as GRIN before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in GRIN in four ways:

Buy GRIN through an exchange

Get yourself a crypto wallet before embarking on your GRIN journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase GRIN. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of GRIN through an exchange

You don't have to buy a full token when starting out since GRIN is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade GRIN through a broker

If you don't want to store your GRIN Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in GRIN through an exchange-traded fund (ETF)

You can also invest in GRIN through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having GRIN in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please check Risk vs Return Analysis. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Tools for GRIN Crypto Coin

When running GRIN price analysis, check to measure GRIN's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy GRIN is operating at the current time. Most of GRIN's value examination focuses on studying past and present price actions to predict the probability of GRIN's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move GRIN's coin price. Additionally, you may evaluate how adding GRIN to your portfolios can decrease your overall portfolio volatility.
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