Isn't the volatility of the crypto market based on what people believe it to be? it being the form of currency whether crypto or physical?
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Isn't the volatility of the crypto market based on what people believe it to be? it being the form of currency whether crypto or physical?
I suspect you had some finance training. In finance volatility is risk. Pabrai, I or most non-finance people only view volatility to the downside as risk. It's a cool subject maybe I'll do a post on it.