{"id":511,"date":"2022-12-07T19:21:12","date_gmt":"2022-12-08T00:21:12","guid":{"rendered":"http:\/\/www.area46.com\/mjc\/?page_id=511"},"modified":"2022-12-08T21:04:27","modified_gmt":"2022-12-09T02:04:27","slug":"b2c-crypto-volatility","status":"publish","type":"page","link":"http:\/\/www.area46.com\/mjc\/b2c-crypto-volatility\/","title":{"rendered":"B2C – Crypto Volatility"},"content":{"rendered":"\n
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I wrote this article for CryptoFiatBlog, an investment and crypto exchange org<\/p>\n\n\n\n

Some of the links no longer work.<\/em> You can read it below, or\u00a0read it online<\/a>.<\/em><\/p>\n\n\n\n

written by Maurice Cardinal<\/em><\/p>\n\n\n\n

Is there a solution to roller coaster volatility and wild crypto price fluctuations?<\/strong><\/p>\n\n\n\n

Yes, of course, but it\u2019s complex, and it can\u2019t be tamed with just one strategy.<\/strong><\/p>\n\n\n\n

Change is no longer just about technology.<\/strong><\/p>\n\n\n\n

Psychology also plays a role, respective of trust.<\/strong><\/p>\n\n\n\n

Do you trust your bank, your government, your crypto coin?<\/strong><\/p>\n\n\n\n

The overarching answer unfortunately, is often a resounding NO!<\/strong><\/p>\n\n\n\n

Traders need to separate fact from fiction. De-Coupling has to occur on a number of levels, but to think it is simply a technological issue is grossly na\u00efve. It goes way beyond ones and zeroes and dives deep into your grey matter. Psychological weakness is reflected in the lack of discrimination among traders. Most buy on a whim without any form of deductive reasoning. New traders are treasured by experienced traders because skilled traders know how to leverage the volatility that excitable blind followers inject into the ecosystem. They also know how to work the Pump and Dump<\/em> volatility that whales<\/em> purposefully leverage. Thankfully that trend is winding down a bit as traders now increasingly look for recognisable safeguards and similarities between crypto and traditional stock and securities platforms. Trading experience and regulations help smooth out the wild peaks and troughs.<\/p>\n\n\n\n

In order for the crypto financial ecosystem to stabilize, coins have to de-couple from centralised entities like Bitcoin and stand on their own, ideally supported by some sort of utility. In other words, coins need a \u201cuse\u201d beyond just trading, which thankfully started happening in early 2018 and is continuing to evolve in this direction \u2013 although it doesn\u2019t seem fast enough.<\/p>\n\n\n\n

Ideally, coin de-coupling would be more effective if it occurred during a bear run when people are more calm and able to think intellectually and not react emotionally. Bull runs create too much excitement and feverish anticipation of quick profit for most traders to think clearly. De-coupling occurred in the bull run of 2013 when there were twenty or so coins, of which most have disappeared. We need the same thing to happen today to cull the herd of useless coins contaminating the ecosystem, and it will take the big players to initiate this evolution. Traders who act intellectually and not emotionally, and developers who are building organic utility into their coins will help make the market stable.<\/p>\n\n\n\n

Again, education is critical \u2026 If one doesn\u2019t know what to invest in because the market is too complex and volatile, one will get tired of the \u201cgambling\u201d aspect, and consequently won\u2019t invest in crypto, because the truth is, one doesn\u2019t need Bitcoin to get a Flash Trading fix.<\/p>\n\n\n\n

Education goes well beyond pricing. You need to know how the entire ecosystem operates.<\/p>\n\n\n\n

One goal of crypto is to replace, or at least provide another option for the current fiat financial arena that is supported by real gold reserves.<\/p>\n\n\n\n

Enter, Digital Gold!  \u2026 according to Wikipedia, \u201cProponents claim that DGC [Digital Gold] offers a truly global and borderless world currency system which is independent of exchange rate variations and political manipulation. Gold, silver, platinum and palladium each have recognized international currency codes under ISO 4217.\u201d<\/p>\n\n\n\n

Volatility will only be tamed when a number of tertiary events take place that will provide traders with an element of trust that allows them to make intellectual and studied decisions.<\/p>\n\n\n\n

Don\u2019t hold your breathe though \u2013 change takes time!<\/p>\n\n\n\n

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Author Maurice Cardinal<\/strong><\/a> is a Blockchain Development Advisor  and a Crypto Content Specialist at CoinSeason Capital Inc.<\/a> <\/strong>Maurice has helped develop successful blockchain strategies and ICO campaigns for the news, gaming, healthcare, and cloud computing industries, and has researched, written, and advised about blockchain and cryptocurrency strategies for several years. Maurice is also the author of Leverage Olympic Momentum<\/strong><\/a> an early adopter business bible about disruptive marketing and growth hacking. He is also the Editor of CryptoFiatBlog.com<\/a><\/strong><\/p>\n<\/div><\/div>\n\n\n\n

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*DISCLAIMER: Crypto Fiat BLOG is not a prospectus, or an investment solicitation \u2026 or an offer to buy securities. This BLOG is for informational purposes only and does not constitute relevant opinions on real or hypothetical shares or securities. Information or analysis contained herein does not constitute an investment decision or a specific recommendation. This document does not constitute any investment advice, investment or intention regarding the form of securities. CoinSeason clearly indicates that relevant intended end users have a clear understanding of the risks of using the CoinSeason BLOG and trading platform. CoinSeason expressly states that it will not bear any direct or indirect losses arising from using this blog, including: 1. Economic losses due to user transaction operations 2. Any errors, carelessness or inaccuracies arising from personal understanding 3. Loss caused by trading various blockchain assets and any resulting behavior.<\/h6>\n","protected":false},"excerpt":{"rendered":"

I wrote this article for CryptoFiatBlog, an investment and crypto exchange org Some of the links no longer work. You can read it below, or\u00a0read it online. written by Maurice Cardinal Is there a solution to roller coaster volatility and wild crypto price fluctuations? Yes, of course, but it\u2019s complex, and it can\u2019t be tamed […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-511","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/pages\/511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/comments?post=511"}],"version-history":[{"count":5,"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/pages\/511\/revisions"}],"predecessor-version":[{"id":590,"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/pages\/511\/revisions\/590"}],"wp:attachment":[{"href":"http:\/\/www.area46.com\/mjc\/wp-json\/wp\/v2\/media?parent=511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}