Why Cryptocurrency Is So Volatile (And How to Use It to Your Advantage)
In short: There are many reasons why cryptocurrencies are so volatile, many of which are huge opportunities.
Cryptocurrencies have attracted a lot of attention in recent years, but one of their most notable characteristics is their high volatility.
In this brief guide, we’ll explore the key factors that contribute to cryptocurrency volatility.
### 1. Developing Market
Despite the growing popularity of cryptocurrencies, the cryptocurrency market is still relatively small compared to traditional financial markets such as the gold market (valued at $7.9 trillion) and the U.S. stock market (valued at $93.7 trillion). Cryptocurrency markets are smaller and more susceptible to significant price fluctuations caused by unimportant factors.

We live in an inefficient world. A very inefficient world.
In some places, people still deal with piles of paper documents, government departments require in-person visits to complete simple procedures, and transactions are ridiculously expensive, even though the cost of these transactions should be a few cents.
But there is a way out of this dilemma… Blockchain is not just about decentralized finance and smart contracts, it can also build a more efficient, transparent and more accessible system.
So how much money can this save? Using simple estimates, here's a rough number: $710 billion!