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Author Topic: Binance CEO says volatility ‘is not unique to crypto’ — Data shows it’s Bitcoin’s jet fuel  (Read 333 times)

Offline newshunter

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Binance CEO says volatility ‘is not unique to crypto’ — Data shows it’s Bitcoin’s jet fuel
« on: May 11, 2021, 07:00:22 AM »
Binance CEO says volatility ‘is not unique to crypto’ — Data shows it’s Bitcoin’s jet fuel

Binance CEO Changpeng Zhao said Bitcoin’s volatility is “probably less volatile” in comparison with some stocks, but data shows Bitcoin is the incontestable winner when adjusting the metric based on returns.


Source: Binance CEO says volatility ‘is not unique to crypto’ — Data shows it’s Bitcoin’s jet fuel

Would appreciate your opinion about this
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Binance CEO says volatility ‘is not unique to crypto’ — Data shows it’s Bitcoin’s jet fuel
« on: May 11, 2021, 07:00:22 AM »

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Offline TomPluz

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Re: Binance CEO says volatility ‘is not unique to crypto’ — Data shows it’s Bitcoin’s jet fuel
« Reply #1 on: May 12, 2021, 08:14:01 AM »


Volatility is actually the biggest weapon of Bitcoin. Without it, maybe we will not really be talking about Bitcoin for years now and there will be less exciting and returns. Therefore, if there is one more thing we cryptocurrency lovers, hodlers and supporters should thank for it must be volatility. This is not a negative factor for Bitcoin but one of its greatest advantage.
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