Meanwhile, office REIT investors should remain strapped in for more potential
wild swings before the ride calms.
Bitcoin, which began in 2009, has been through these sorts of
wild swings before.
Not exact matches
But the wealthiest taxpayers have been a source of
wild revenue
swings in many states for long
before that.
The
wild swings happened just days
before trading in bitcoin futures begins on a major U.S. exchange.
But on this score, let there be no doubt: If you invest in gold because you're looking to put your money in an asset that will protect your principal from losses and shield it from the kind of
wild swings in value we see in stocks these days, it's just a matter of time
before you will be disappointed.
In effect, hours
before CBOE's launch of the futures contracts, the cryptocurrency market was jittery, as shown by the
wild swings of Bitcoin's prices.
When Bitcoin had its bubble to $ 266 in April, the reason why the market bounced back and forth so wildly
before settling down around $ 100 is that the stakes were so high; everyone knew that, if successful, Bitcoin's value can reach as high as $ 10,000 to $ 1 million, and the
wild swings in prices represented people's varying estimations of the probability that Bitcoin will indeed see such a success.
Following the Bitcoin Cash fork, we saw a
wild swing in the value of BCH, hitting a high of $ 400.00
before crashing down to around $ 200.00, but then rebounding back up to $ 400.00.
Forex markets are relatively quiet today, as the
wild swings in the Dollar calmed down despite the still active Treasuries, as some traders already called it a week, reducing liquidity
before the break.