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Chandan Choudhary

FinancIal Markets a...ย โ€ขย 1y

If we talk about BTC it has limited supply and that makes it a good asset to store value and itโ€™s. Volatile because people donโ€™t trust it for very long time as there is a 4 years cycle so as itโ€™s not that old just 10-13 years it will be adopted slowly and once people will notice that pattern of recovery and theyโ€™ll be convinced than volatility will be reduced it happened In every Asset class be it equity initially when The markets wasnโ€™t mature it was very volatile eg just observe the small cap stocks and large cap stock the higher the market capitalization lower the volatility Banning that will give them a fear of left behind as technology evolves and support that will take the power of govt as it is decentralised and no one can control it 100% transparency They will try to keep that in grey area so no one get clarity about it

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