Why is Bitcoin so Volatile?by@ras
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Why is Bitcoin so Volatile?

by Ras Vasilisin3mNovember 28th, 2021
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Bitcoin’s volatility is about 7x higher than the S&P500's. Bitcoin is open for trading 24/7, and people are paying for it with borrowed money. Some exchanges even allow their uses to take up to 100-to-1 leverage. Bitcoin has always been volatile, but only relative to the dollar. Bitcoin's volatility is the price you pay for the extraordinary performance you get for. It's a necessary evil, and it's a feature of Bitcoin volatility, not a bug.

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Bitcoiner and CEO @Virtuse

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Ras Vasilisin@ras
Bitcoiner and CEO @Virtuse

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