Ironically Bitcoin has been more stable than stocks recently
1 min read
Stock market people always made fun of crypto about how volatile it is. They were right until recently. The most popular growth stocks have been more volatile than Bitcoin. This proves that Bitcoin is more stable than some of the most popular stocks.
Here is the charts
Bitcoin price, past 6 months; (down 43%)
Bitcoin’s price has dropped 43% over 6 months.
Here are the some most popular growth stocks
Netflix (down 72%)
Netflix’s share price is down 72% in last 6 months
Spotify (down 63%)
Here are the other growth stocks;
Tl;dr Bitcoin has been more stable than stocks recently. For example; Netflix is down 72% in past 6 months meanwhile Bitcoin is down 43%.
Of course that doesn’t make Bitcoin a stable asset but it’s clear that Bitcoin has been more stable than stocks recently.
submitted by /u/justme3873qw
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