China's Tightening Grip: PBOC Declares Cryptocurrency Transactions Illegal
Real Vision: Finance & Investing
00:00
Volatility in Cryptocurrency Markets - The Number One Critique
Ro Yer: There's too much leverage in the offshore crypto exchanges and the alt coins. I think that, i think that what's happening is someone buys an alt coin with a ten x lever, it moves up 20%. Now we've seen leverage coming down. You're the hundred x products of all kind of starting o reduce down to ten x. We whic us always abuse leverage. They cannot help themselves. And so yes, asian leverage, like ten x or 20 x leverage, caus is price spikes. It's just a feature of the market. That volatility is a key feature that makes crypto as a market so robust. So you're trading off the big risk for
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