One of the toughest things I have to do as a trainer, is to prepare my students for price volatility. If you have been monitoring the price of Bitcoin (BTC), here’s what you would have observed.
BTC gained 39.7% between March 2019 and March 2020. However, it is accompanied by months, where we would see a drop of more than 10%. More often than not, the average investor would be so nervous that he’d sell off all his bitcoin and miss the rise in prices.
Of course, such mentality is not unique to Cryptocurrency investors. Equity investors who are ill-equipped, often do the same – selling when markets bottom and buying in again when prices are soaring.
There is a lesser known method of getting returns in this space, without having to expose your capital to the price volatility of Bitcoin. Before I reveal the 3 approaches, I would