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Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It

Published 05/21/2018, 04:00 PM
Updated 05/21/2018, 05:32 PM
Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It
BTC/USD
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Part of what has cemented cryptocurrencies on the map since they exploded into the mainstream investor market has been their volatility. Investors flooded to the likes of Bitcoin when, through November and December 2018, the value of the cryptocurrency increased in value exponentially.

However, such volatility is a two-edged sword, and the cryptocurrency market has shown that in 2018 with Bitcoin’s price shedding more than 50 percent at times from its year end price of $13,000.

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