The crypto market is famous for its volatility leading to massive crusts and troughs in the price charts of the cryptocurrencies
31 Aug 2023, 14:01
The crypto market is famous for its volatility leading to massive crusts and troughs in the price charts of the cryptocurrencies. Events in the crypto market, regulations, crackdowns by the regulators, market sentiments, social media hype, and market demand and supply are among the many factors that cause extreme volatility. This volatility is risky for many people but there are folks out there who make money through these volatile opportunities. The traders and people in the crypto market are divided into three main categories depending on their trading strategies and how they behave when the volatility kicks in. These include the bulls and bears who make money and the pigs who get slaughtered.
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Same news in other sources
101 Sep 2023, 13:51
Navigating the volatile crypto market involves risks triggered by regulations, events, and internal factors. Traders must strategize to profit regardless of events. In any industry, risks persist, demanding strategies for rewards.
#CryptoMarket #RiskManagement #Crypto
Navigating the volatile crypto market involves risks triggered by regulations, events, and internal factors.
Navigating the volatile crypto market involves risks triggered by regulations, events, and internal factors. Traders must strategize to profit regardless of events. In any industry, risks persist, demanding strategies for rewards.
#CryptoMarket #RiskManagement #Crypto