this post was submitted on 12 Oct 2025
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[–] LittleBorat3@lemmy.world 6 points 22 hours ago (3 children)

How is a 10 percent drop in BTC price considered a great amount of volatility?

I don't get it

[–] maxxadrenaline@lemmy.world 7 points 19 hours ago

They’re saying some guy in china cashed out trillions because of the trump tariffs

[–] Knock_Knock_Lemmy_In@lemmy.world 7 points 20 hours ago (1 children)
[–] Blackmist@feddit.uk 9 points 20 hours ago (2 children)

Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.

But these are events that got named. BTC loses a chunk of value it's just Tuesday.

Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.

Individual share also fall 10% regularly.

If you weight you portfolio by asset value then 0.2% should be in crypto.

[–] Knightfox@lemmy.world 1 points 12 hours ago

BTC loses a chunk of value it’s just ~~Tuesday~~ BTC.

[–] ipkpjersi@lemmy.ml 4 points 19 hours ago (3 children)

How did it drop 10% when it's up 0.41% today?

I don't get it either

[–] LittleBorat3@lemmy.world 4 points 18 hours ago (2 children)

Depends on the time window you look, if the shorter time windows and volatilities get you exited, you are an idiot and should not invest in anything.

BTC has an upward trend over the last 10 years. That's what people should look at IMHO.

[–] sfjvvssss@lemmy.world 3 points 18 hours ago

Volatility can be measured. There is no way to say BTC is not volatile. Historic charts also will not help predicting the future.

[–] ipkpjersi@lemmy.ml 1 points 16 hours ago

Sure, I was just confused by the time period of which there was a 10% drop in BTC price - it's now up 0.87% today, down 5.54% over the past 5 days, up 1.24% over the past month, and up 37% over the past 6 months, none of those are down 10%.

[–] BombOmOm@lemmy.world 2 points 17 hours ago

BTC is also up for the year by quite a bit.

I'm very confused here as well.