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Crypto is a different ballgame than the stock market, given concentration of trading volumes in relatively few coins. To the extent that the investment philoso

• JumpCrisscross 8y ago
  > Crypto is a different ballgame than the stock market...[because] as prices decrease, trading volumes will go down This happens in all markets. Precipitous price drops scare away buyers and trigger loss aversion (and an aversion to marking down positions) in sellers. That leads to the market transitioning to an illiquid regime and non-viability for exchanges. I don’t think we’re there yet with cryptocurrencies. (Beanie Babies took over a decade to resolve.) But it may be what Coinbase is guarding against with this move.
• acjohnson55 8y ago
  That doesn't work forever. At some point, the opportunity cost isn't worth it or you need to start liquidating.