Re: Why do people invest in cryptocurrencies despite it being so volatile?
Personally i am investing in crypto because of the volatility and that's the main reason why i love being here.
in this we are being encourage to invest and wait for long and that's when volatility comes.
in this we are being encourage to invest and wait for long and that's when volatility comes.
If the probability of a coin going up is higher than the probability of the coin going down (you have to make your own assessment), then it has a positive expectation, and even if risky, you will win in the long run. The volatility of the market can't be controlled, 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.
closely yo being gambling lol , that's how trading is in volatility world like crypto