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Institutional trader here. Yes, this. Crypto is popular with traders because it's volatile and fragmented.

• deleted 5y ago
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• stiltzkin 5y ago
  On crypto you need an asterisk as this is not a problem with stable coins as USDC or Dai.
  • qeternity 5y ago
    Categorically, crypto is volatile. Just because some things aren't doesn't change that.
    • Milolol 5y ago
      Overcollateralized stablecoins (like DAI) are not volatile and they are in the category of cryptocurrency. So they do change that. The change is slight, but ever-growing. BTC's price itself has grown much less volatile. > the volatility spikes in Bitcoin were most extreme in 2011, with subsequent spikes in volatility lessening over time https://bitcoinist.com/looking-at-bitcoin-volatility-over-the-years/ https://bitcoinist.com/looking-at-bitcoin-volatility-over-th...
    • stiltzkin 5y ago
      If stable coins are not volatile that does not mean all crypto is volatile.