Post
Topic
Board Altcoin Discussion
Re: I'm afraid of losing money
by
DanEverly
on 29/10/2018, 08:34:02 UTC
Any investor who invests in the crypto market feels scared, as volatility refers to sudden changes in the price of an asset. The higher the volatility of assets, the greater the investment risk. It is true that cryptocurrency is the most volatile investment you know. In 2017, the entire cryptocurrency market grew more than 4,000% in just one year and then fell more than 75% in the eight months that followed. However, watching the volatility of any asset or investment proportionately to its reliability is inaccurate. Price fluctuations of an asset are not related to the value of technology, especially when assets are supported by a new technology such as cryptocurrency. The cryptocurrency market was somewhat similar to the dot-com boom of the 1990s, when Internet stock prices rose "crazy." New technology will always be volatile and high risk in the early days. For now, it's clear that the internet is a revolutionary technology that is ubiquitous in our daily lives.