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
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