Crypto is not the only Asset that is Volatile
Whenever we talk about crypto then many people say that its highly volatile which is right in a way. We know that Crypto is volatile but the fact is that Crypto is not the only digital asset that is volatile. Even the stock market is volatile depending on situations and there are multiple scenarios where can see this. So blaming Crypto as the highly volatile set is not right because there are multiple things that follow the same pattern so blaming one is not the right way.
These days in India the stock market is the same where after leading and growing company's share has dropped a lot. The company name is Adani and its share price has gone by over 50% in a week's time. Usually, this type of price drop VC in the Crypto market but surprisingly this time stock market is behaving the same. N media is silent and nobody is talking about it because they feel crypto is the only asset that is volatile but now the situation is different.
In the last week, the stock price has gone down by 50% and if you compare the price for one month then the value drop is approximately 60%. This is a very big price drop and I think now the government needs to think about it that how the market is behaving. A lot of people have lost their hard and money because of this price crash and obviously, the government is not going to reimburse the money. No government ever reimburses any money when people lose because of the market. Similarly, people also lose money in the Crypto market and they also earn but in this market government is trying to discourage people because for the same reason. I think this is a biased approach because if something is not right then it should be discussed in the open but the reality is just the opposite.
The volatile nature of cryptocurrency is a good thing because we get the opportunity to book profit in both scenarios and we are well aware of it. It is not expected to see the same situation in the stock market because it is completely controlled by the government and there is the least possibility of manipulation things. If such things also happen in the stock market then I am sure government is aware of it but to stop it they must take the action on time.
I am not trading in the stock market and even I really trade in the Crypto market but my major holding of investment is in form of Crypto. I believe in this revolution and just because the government is saying that it is risky and volatile then I am not going to change my mindset and I will continue to do the same. If any government is not going to pay the money in case of laws then I don't think they should be intervening and discouraging people to do whatever they want to do. It's their money and they have the right to do anything with it provided it is not a scam. Needless to say Crypto is not a scam. It is a new form of technology that is called blockchain and the payment revolution is called cryptocurrencies which provide a transparent monetary system.
Thank you so much
Stay Safe
Posted Using LeoFinance Beta
Definitely 💯, their are lo of investment that has price fluctuations this days, the most important is having a good strategy towards any investment
Posted Using LeoFinance Beta
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