Tip: The volatility of Bitcoin is the main attraction and the reason for the exponential growth of cryptocurrencies.
According to Reuters, real estate developer and CEO Raoul Pal said the bitcoin exchange was not empty but important. This is why cryptocurrencies are growing exponentially. “People have to learn to switch to this non-volatile asset because of the increased risk and return,” he said. Pal said he offers a wide range of crypto currencies, including the Platform's Coin, DeFi, and Community Symbols. He said: “50% of my assets are Bitcoin, 30% Ethereum, 20% other tokens. I try to balance all the crypto sites because I never know what the currency will be in this space. »Win, which piece does not win. Speaking of Dogecoin, which had just gone gold, Pal said, “Is this going to last forever? Who knows? However, I will buy Dogecoin due to overcrowding, ”he said. Uncertainty could push Bitcoin down and we would see more risk recovery.
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