What causes the cryptocurrency market to be so volatile? Is it risky to invest in cryptocurrencies during a “dip”? Many investors have shown great interest in cryptocurrencies, but their volatility is keeping many others away. There are no indexes to assess crypto price volatility, but a cursory check of previous price charts reveals that crypto prices experience higher peaks and lower slumps at a faster and more intense rate than those of assets in conventional markets.
Accordingly, Bitcoin had a devastating plummet in the last few months, reaching as low as $20,100 on June 15, 2022. Similar drops have been recorded in cryptocurrencies like Ether and BNB, prompting many analysts to predict a “crypto winter.”
Furthermore, the collapse of Terra’s stablecoin TerraUSD (UST) threw the whole crypto market into disarray, wiping out over $200 billion. Stablecoins are digital assets whose values are linked to the value of another money, commodity, or financial instrument. Also, In May 2022, Terra (LUNA)’s value plummeted as low as 100%, rendering the coins nearly useless. This is why investors are worried about cryptocurrency volatility. Some people have sold all their assets, some have bought in the dip and others have chosen to hold their coins until the market becomes stable.
Accordingly, Real Research launched a survey seeking the public perception on Crypto volatility Mid-2022. The survey also seeks to find out the public opinion about cryptocurrency volatility and if they should sell or by the dip.
Hence, hurry and answer the survey on public perception on Crypto volatility Mid-2022’ now on the Real Research app from June 21, 2022. After that, you will receive 12 TNC as a reward.
Target Number of Participants:
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