EPISODE · Apr 22, 2024 · 7 MIN
Snippet: Volatility Is Bitcoin's Biggest Strength
from The Decode Diary · host Ray Low
According to Darren, even though Bitcoin, together with other cryptocurrencies, is highly volatile due to its nature, plus its pegging to the traditional currencies, this essentially is the biggest upside of cryptocurrencies. Having said that, I always wonder if Bitcoin and other cryptocurrencies are subject to the same level of volatility as our traditional currencies. It could very well be the same, but then again the finite amount of such coins would mean their values are always on the upward trend and being volatile makes a huge difference with respect to small fluctuations. P.S. This is not financial advice! Listen to the full conversation here: https://open.spotify.com/episode/2ymdztRlvqjJ3YLXrTg7hS?si=q07HHWayTz6fJfB-lBCsVg
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Snippet: Volatility Is Bitcoin's Biggest Strength
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