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RE: It’s Not Too Late to Get Into Cryptocurrencies
Yeah nothing will be straight to one directions, I expect ups and downs to be there forever actually... But hey! If it keeps heading in one direction in the long term as you said.. I'm a happy man :)
The thing that is hard to get used to in Crypto is volatility. People are generally risk averse so they don't like volatility.
I heard someone saying a few years back that there is a possibility that Bitcoin will one day be over 100k, but when it gets to that stage the volatility will still be huge and there could be swings of 20, 30k a day. If it gets to that stage it would be very interesting indeed.
You're right, people are indeed risk averse.. Maybe that's what creates such an opportunity for those who are willing to take a small risk.
Wow swings of 20, 30k is indeed something I would pay to see .
very very interesting indeed