
Do cryptocurrencies have a risk of volatility?
As a financial practitioner, I often encounter questions about the nuances of cryptocurrency investments. One common concern that arises is the risk of volatility in cryptocurrencies. Could you elaborate on this? Specifically, how does volatility affect the overall market and investors? What factors typically cause sharp fluctuations in cryptocurrency prices? And, most importantly, how can investors mitigate the risks posed by this volatility to ensure their portfolios remain stable and profitable in the long run? Your insights into these questions would be greatly appreciated.
