In my view, seems like leverage is playing a significant role in the volatility - both to the positive and negative. It's fascinating to watch. The internet boom seems like a good analogy. I love crypto for bringing innovation to financial services. But investing in crypto is not the same as admiring the technology.
In my view, seems like leverage is playing a significant role in the volatility - both to the positive and negative. It's fascinating to watch. The internet boom seems like a good analogy. I love crypto for bringing innovation to financial services. But investing in crypto is not the same as admiring the technology.
Completely agree. And speculation is not the same as creating value even if prices are going up.