Saifedean Ammous believes that as Bitcoin’s market capitalization and liquidity grow, its price swings will gradually diminish, making it a more reliable store of value.
He cites data from Fidelity, JPMorgan, and Schwab that support a long-term decline in volatility.
I think this is a logical development: the more investors put money into BTC, the better it can “absorb” shocks, like a traditional currency. But even as volatility declines, the market remains unpredictable, so it’s worth focusing on fundamentals rather than just the numbers.
For informational purposes only; not financial advice.
#Crypto
He cites data from Fidelity, JPMorgan, and Schwab that support a long-term decline in volatility.
I think this is a logical development: the more investors put money into BTC, the better it can “absorb” shocks, like a traditional currency. But even as volatility declines, the market remains unpredictable, so it’s worth focusing on fundamentals rather than just the numbers.
For informational purposes only; not financial advice.
#Crypto