#66 Jesse Myers | Understanding Bitcoin Bubbles and Enduring Bear Market Struggles
Money Minded
00:00
The Volatility of Investing in Bitcoin
Bitcoin is volatile because it's in the process of monetization. It has these mechanics that are relentless at causing it to become a more scarce more proven asset. Through that relentless pushing forward every cycle every having and then the post having bull market run and crash. We pile in with FOMO when we see the price drifting upwards which is just a mechanical reaction to the having but then we exacerbate it and turn it into a bonafide bubble.
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