“If you look at any two years since the digital asset ecosystem emerged, there’s no period where if you held the investment you would have lost money on it,” he said. “Most actively traded risk-mitigation strategies don’t actually outperform just holding an investment. Yes, we see a lot of volatility, but that’s okay because most of it is upside volatility. If you try to call tops and bottoms, even through an algorithm, you could miss out on some things while generating a sizable tax bill.”
Related posts
-
Altcoin season’s top 3 winners — cryptos picks for winter 24/25 trading
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
5 affordable cryptos to watch: Huge potential under $1
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Crypto’s in Multi-Year Bull Market, and the Fed Can’t Stop It, Expert Says
Cryptocurrency will surge ahead in a multi-year bull market,...