You are viewing a single comment's thread from:

RE: It’s Not Too Late to Get Into Cryptocurrencies

in #steem7 years ago

The thing that is hard to get used to in Crypto is volatility. People are generally risk averse so they don't like volatility.

I heard someone saying a few years back that there is a possibility that Bitcoin will one day be over 100k, but when it gets to that stage the volatility will still be huge and there could be swings of 20, 30k a day. If it gets to that stage it would be very interesting indeed.

Sort:  

You're right, people are indeed risk averse.. Maybe that's what creates such an opportunity for those who are willing to take a small risk.

Wow swings of 20, 30k is indeed something I would pay to see .

very very interesting indeed