Too Long; Didn't Read
<a href="https://hackernoon.com/tagged/bitcoin" target="_blank">Bitcoin</a> has grown from $0 to $110bn behemoth in just 9 years. However, the ride has been anything but smooth. Since 2009, Bitcoin has experienced five major crashes and each time a major rally pushed the price beyond the previous all-time high. This translates to a towering 110% annualized volatility. For context, the annual volatility of equities tends to range between 20% — 30%. Meaning, Bitcoin is five times the risk of the riskiest asset class of most portfolios.