this post was submitted on 12 Oct 2025
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[–] LittleBorat3@lemmy.world 6 points 3 weeks ago (2 children)

How is a 10 percent drop in BTC price considered a great amount of volatility?

I don't get it

[–] maxxadrenaline@lemmy.world 7 points 3 weeks ago

They’re saying some guy in china cashed out trillions because of the trump tariffs

[–] Knock_Knock_Lemmy_In@lemmy.world 6 points 3 weeks ago (1 children)
[–] Blackmist@feddit.uk 8 points 3 weeks ago (2 children)

Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.

But these are events that got named. BTC loses a chunk of value it's just Tuesday.

Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.

Individual share also fall 10% regularly.

If you weight you portfolio by asset value then 0.2% should be in crypto.

[–] Knightfox@lemmy.world 1 points 3 weeks ago

BTC loses a chunk of value it’s just ~~Tuesday~~ BTC.