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Bitcoin main attraction is its volatility

Bitcoin main attraction is its volatility - Raoul Pal By Reuters By Divya Chowdhury Bitcoin s volatility is its main attraction as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal said. People have to learn to adapt to an asset that is that volatile. it has such a big upside risk-reward skew, Pal, founder and CEO of Real Vision, told the Reuters Global Markets Forum on Wednesday. The Cayman Islands-based former hedge fund manager said he had a diversified crypto assets portfolio to cover exchanges, decentralised finance (DeFi) and community tokens. I m probably right now 50% bitcoin, 30% ethereum and 20% alternative tokens. to try to keep a balance across the whole space, because I don t really know what s going to win in that space and what s not.

Watch this space: Volatility is bitcoin s main attraction, says enthusiast

Watch this space: Volatility is bitcoin s main attraction, says enthusiast Reuters 2 hrs ago April 21 (Reuters) - Bitcoin s volatility is its main attraction and not a bug, as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal said. People have to learn to adapt to an asset that is that volatile. it has such a big upside risk-reward skew, Pal, founder and CEO of Real Vision, told the Reuters Global Markets Forum on Wednesday. The Cayman Islands-based former hedge fund manager said he had a diversified crypto assets portfolio to cover exchanges, decentralised finance (DeFi) and community tokens.

Watch this space: Volatility is bitcoin s main attraction, says enthusiast

Watch this space: Volatility is bitcoin s main attraction, says enthusiast
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

U S stock gains flourish in final minutes of trading

U S stock gains flourish in final minutes of trading
laosnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laosnews.net Daily Mail and Mail on Sunday newspapers.

Stock markets across world rally, U S markets join the fray

Stock markets across world rally, U S markets join the fray
philippinetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philippinetimes.com Daily Mail and Mail on Sunday newspapers.

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