How volatile is the cryptocurrency market?
Could you elaborate on the volatility of the cryptocurrency market? What factors typically contribute to its fluctuations? How do these fluctuations compare to traditional financial markets? Do they tend to be more extreme or are they similar in magnitude? Understanding the level of volatility in this market is crucial for investors considering entry, so could you provide some insights into the nature and potential implications of its variability? Additionally, are there any strategies investors can employ to mitigate the risks associated with this volatility?