Post
Topic
Board Bitcoin Discussion
Re: Why do people invest in cryptocurrencies despite it being so volatile?
by
Paisleyvn
on 22/06/2021, 06:12:27 UTC
Entering crypto itself is a risk, and as you stay inside the market, everything gets riskier and riskier. The volatility of the market can't be controlled but you have the power to choose whichever coin you invest into. If you look deeper, there are plenty of coins worth risking for. I just look at volatility as more low buying opportunities. Volatility is an entirely different thing than rate of return. Btc has a very high historical rate of return. As long as you can stomach swings and have a long time horizon, it's not really an issue. This is all from a financial prospective. I also invest because I fundamentally believe in crypto, and believe it could lead to a better future for humanit