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RE: Bitcoin Pros and Cons || Addition to Bitcoin guide

in LeoFinance3 years ago

<3. High Volatile currency
We have seen this in the past and seeing it now, Bitcoin’s value can go to the moon and suddenly dig a whole and fall into it.
In the recent events, Bitcoin is again at 36K USD and it went above 60K last month. So investing in Bitcoin is very very risky.>

The volatility of bitcoin is the reason why the trader must ensure that they have a good risk management strategy in order to manage the risks that comes with bitcoin volatility..


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Most of them just make the usual predictions which can never be 100% accurate...


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Well i am not sure about the 90% but i know many of them do fail in forecasts


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