What's Wrong with Cryptocurrency: Why Everyone Expects Cryptocurrency Volatility to Increase After the US Elections


Volatility is the essence of cryptocurrency. It's not like corporate shares, where the entire rate is tied to news and forecasts.


Cryptocurrency emerged as an alternative to this whole circus with politics, money printing and banking monopoly. And if its rate jumps back and forth, then this is simply an indicator that it works as it was intended - freely, without being tied to states and their election campaigns.


Nevertheless, many critics stubbornly continue to draw incomprehensible parallels, saying, "Elections, elections, volatility will increase, the market will grow, the market will fall!"


Yes, the market is always shaking, because it is unpredictable by definition.


Investment funds also do not just eat their bread - they have long developed strategies for any crisis. Yes, they will buy and sell, taking advantage of moments of excitement. But Bitcoin won't stop being Bitcoin because someone overseas changes the president.


So all these fears are more for the "yellow press" and alarmists.


Crypto was and remains one of the few truly free assets. 


#btc #usa #trump #cryptocurrency



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