• Blackmist@feddit.uk
        link
        fedilink
        English
        arrow-up
        9
        ·
        21 hours ago

        Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.

        But these are events that got named. BTC loses a chunk of value it’s just Tuesday.

        Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.

      • LittleBorat3@lemmy.world
        link
        fedilink
        arrow-up
        4
        ·
        18 hours ago

        Depends on the time window you look, if the shorter time windows and volatilities get you exited, you are an idiot and should not invest in anything.

        BTC has an upward trend over the last 10 years. That’s what people should look at IMHO.

        • sfjvvssss@lemmy.world
          link
          fedilink
          arrow-up
          3
          ·
          18 hours ago

          Volatility can be measured. There is no way to say BTC is not volatile. Historic charts also will not help predicting the future.

        • ipkpjersi@lemmy.ml
          link
          fedilink
          arrow-up
          1
          ·
          17 hours ago

          Sure, I was just confused by the time period of which there was a 10% drop in BTC price - it’s now up 0.87% today, down 5.54% over the past 5 days, up 1.24% over the past month, and up 37% over the past 6 months, none of those are down 10%.