Volatile Cryptocurrency Value – Advantage Or NOT?
Last year, the Cryptocurrency-focused hedge funds made a huge leap. How’s it doing this year?
Summary:
– There is really no telling how cryptocurrency values will go over time.
– The main thing that needs to be remembered is that everything done will be risky.
– The risk may be high, but so are the rewards.
Last year, cryptocurrency-focused hedge funds made a very big rise, but people are wondering how the market is doing this year.
History tells us that since 2018, funds rose by billions of dollars, and even last year, it was able to sustain the increment which made investors feel surprised at the start of this year when these cryptocurrency-focused hedge funds seem to be dwindling back and forth the high and low status.
The reason for this uncertainty is the fact that cryptocurrency is volatile and there is really no telling how things will end every time the year ends.
So, is this volatility good or bad? Is it a disadvantage or not?
For quant traders, it’s good news, and the market never felt more competitive than ever for these professionals.
Read the full article here – https://www.bloomberg.com.