- He also stated that it is normal for cryptocurrencies to fluctuate by 70% to 80%. This is one of the main reasons why the current volatility does not worry him at all.
- However, as the companies develop their business model, the stocks not only rose but they become much more stable as well.
- Since they are here to stay for a longer period of time, they would have no problem at all in holding the cryptocurrencies for a longer period of time as well.
- This is one of the main reasons why it is not seeing further fall after creating a bottom few weeks back.
- So far, 2018 has presented its own surprises though not a dramatic as the rollercoaster we say in 2017.
- Expect a lot more price fluctuations in the interim. It’s going to be a bumpy ride getting to wherever Bitcoin is headed by the year’s end.
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