Volatility refers to how much and how quickly Bitcoin’s price changes. When the market is volatile, prices can swing up and down rapidly, sometimes by large amounts. Bitcoin is more volatile than traditional assets. This volatility creates profit opportunities but also increases the risk of losses. That’s why solid strategies are so critical. Use stop-loss orders The most significant tool in a Bitcoin trader’s toolkit during volatile times is a stop-loss order. A stop-loss order instructs you to sell Bitcoin when it reaches a certain price. For example, if you buy Bitcoin at $30,000, you might set a stop-loss order…
Author: Clare Louise
In today’s dynamic financial landscape, mutual fund investments have emerged as one of the most popular avenues for individuals seeking to grow their wealth over the long term. With a wide array of funds to choose from and the convenience of investing through mobile apps, mutual funds offer accessibility and diversification to investors of all backgrounds. However, before diving into the world of mutual fund investments, it’s crucial to ensure that you have all the necessary documents in order. Here’s a comprehensive document checklist to streamline your mutual fund investment journey. 1. Know Your Customer (KYC) Documents: Before you can…