Cloud mining in 2022

[ecos_mining]

Volatility in cryptocurrencies: what is it?

The cryptocurrency market is growing very fast
But almost all cryptocurrencies experience large fluctuations in price

The crypto market is quite young and it will be much more volatile than the traditional one

Most often, the market cap of crypto assets is not as large as that of traditional assets
The smaller the market cap of an asset, the more volatile it is

Let’s compare
Imagine that you are throwing a rock into a small pond 🪨

Now take that same stone and throw it into the ocean
The stone will have a much greater impact on the pond than on the ocean

You can protect yourself from volatility in cryptocurrencies using option strategies ♟

What is your strategy?
Share with us!

[ecos_mining]

Did you know these facts about cryptocurrencies?

The first crypto transaction (with BTC) was made on January 21, 2009

The first time 2 pizzas were bought with BTC. This was done by Laszlo Heinitz in 2010, paying 10,000 Bitcoins for the meal
As of today, this meal would have cost $435 million!

Around 20% of Bitcoin has been lost forever which is around $160 billion today!

Nowadays, there are over 18,000 cryptocurrencies in circulation while in April 2013, there were just seven cryptocurrencies!

CryptoKitties is one of the first blockchain games

CryptoKitties aren't a currency - instead, they're part of the NFT world
The most expensive one was sold for 600 ETH

Were you curious about these facts?
Share your favorite facts with your friends!

[greesdermos]

hat do we have to do with the surviving finances during the correction - to sell or to hold?