Daniel Straus
Purpose Bitcoin ETF
BTCC.B-T
RISKY
Dec 06, 2023
When we talk about crypto, important to specify that most indices use bitcoin itself as a heavy component. Yes, bitcoin has been doing well this year, but still well off its peak. Enormous volatility in the crypto space, which routinely has 70-80% drawdowns every couple of months. Responds to crazy demand/supply markets.
When we talk about crypto, important to specify that most indices use bitcoin itself as a heavy component. Yes, bitcoin has been doing well this year, but still well off its peak. Enormous volatility in the crypto space, which routinely has 70-80% drawdowns every couple of months. Responds to crazy demand/supply markets.
Extremely risky asset class, speak to an expert.