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ETH has crashed from $4800 to $1200. That's a pretty terrible crash unless you consider that the current price is still a roughly 10X gain from March 2020. Vol
by DennisP 4y ago
ETH has crashed from $4800 to $1200. That's a pretty terrible crash unless you consider that the current price is still a roughly 10X gain from March 2020.
Volatility works both ways and the press often doesn't consider that, especially in bear markets. The reason companies are still involved is because they do consider it.
- throwk8s 4y agoAnyone who wants to experience volatility can start wagering money in a casino though. If volatility was the objective then investment companies could more easily find it in coin flips, instead of capitalizing new ventures.
- DennisP 4y agoIn a casino you know the odds are against you. In crypto so far, the long-term trend has been up, so the odds have been in favor of anyone holding long-term.