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[Ivanr01]

The CEO of binance has said that the present stock market condition has conformed to him that the stock market is far more volatile

He says that the inflation pressure and instability is due to large sellouts happening at same time

He said once things get clear markets will revive again and reach new highs

 

[Horia_10]

In Actual sense of making a statement he is correct as I have seen the major stocks have tumbled upto 80% in the market so things are broken for many people at this time but the sharp investors have bought back and are not holding back it is always better to decrease cost of your holding per average share / token if you believe things can rise up to an expected values range

 

[Balint098]

Lol, that is just a marketing strategy CZ used. I'm a crypto user, but won't deny the fact that crypto is far more volatile than stocks or any other investment instruments for that matters. No stock can goes from 87 USD per coin to zero in just a week like Luna did.

 

[Wisdom01]

no the crypto market is more volatile , probably he is saying this to revive investor's interest into cryptocurrency than stock ,to be impartial here ,the current cryptocurrency market condition is just too volatile , we could all see the market condition moving in different ways

 

[microunit]

I still tihnk that the crypto market is much more volative than the stock market, sure there might be instances that the stock market could be volatile than the cryptocurrency market but the duration for that where the stock market is more volatile is probably just a short time compared to the crypto market where it always majority of the time has high volatility

 

[fiery phoenix]

It might be a marketing strategy in play as people are saying,but we can't deny that bitcoin is a little bit less volatile than many S&P 500 stocks.It varies daily,but statistics show that stocks can be more volatile than crypto.In a recent volatility research bitcoin which is considered the the undisputed most volatile crypto has exhibited lower volatility than 112 stocks of S&P 500 in a 90 day period.

 

[Dagov]

Lol, that is just a marketing strategy CZ used. I'm a crypto user, but won't deny the fact that crypto is far more volatile than stocks or any other investment instruments for that matters. No stock can goes from 87 USD per coin to zero in just a week like Luna did.

In actuality, he is right because, as I've seen, the market's major stocks have dropped by up to 45%. As a result, many people's lives are in ruins right now, but smart investors have bought back and aren't holding back. It's always preferable to lower the cost of your holdings per average share or token if you think that things will eventually improve to an expected value range.

 

[Dagov]

I continue to believe that the cryptocurrency market is much more volatile than the stock market. Sure, there may be occasions when the stock market is more volatile than the cryptocurrency market, but those instances are likely to last for a much shorter period of time than the majority of the time that the crypto market has high volatility.

 

[Wisdom01]

In actuality, he is right because, as I've seen, the market's major stocks have dropped by up to 45%. As a result, many people's lives are in ruins right now, but smart investors have bought back and aren't holding back. It's always preferable to lower the cost of your holdings per average share or token if you think that things will eventually improve to an expected value range.

Major stocks have really dropped no doubt and I hope that changes as well , because some stocks can't be going down in value everytime ,I guess there has to be some kind of increase in the value of stocks , major stocks dropping by such margin is actually a big worry

 

[btaliat]

The fact is that CZ only judged based on the current happening in the stock market especially as a result of inflation. It will be very wrong to assume that stock is more volatile than crypto.

 

[Riberet19]

The fact is that CZ only judged based on the current happening in the stock market especially as a result of inflation. It will be very wrong to assume that stock is more volatile than crypto.

most cryptocurrencies have been more volatile than the census of actions so CZ surely only wanted to defend the ecosystem in which it works but there is still a long way to go and some regulations for crypto to lose some volatility

 

[SlotsGator]

This statement by CZ doesn't age well, especially when crypto lost more than half of its market capitalization since his statement alone. Crypto is way more volatile than stocks, and that's a fact! Even the so-called "stablecoin" like UST isn't stable at all. If BUSD/USDT lost its peg, it will be chaotic.

 

[btaliat]

Definitely, it is dawn on everybody that CZ only wants to protect his business. But I don't know why some people go to the extent of spoiling other businesses to promote their businesses. This to me will make them lack integrity.

 

[Balint098]

That only true when Bitcoin stabilize back then. But now that we are in the bear market, that volatility is back. Multiple bankruptcies like that of Luna, Celcius, three arrow capital, blockfi, FTX, AAX, and more, highlights how fragile the crypto market is during bear market.

 

[Wisdom01]

This statement by CZ doesn't age well, especially when crypto lost more than half of its market capitalization since his statement alone. Crypto is way more volatile than stocks, and that's a fact! Even the so-called "stablecoin" like UST isn't stable at all. If BUSD/USDT lost its peg, it will be chaotic.

Although I believe he is probably gaining from cryptocurrency that's why he is supporting cryptocurrency and saying it's less volatile compared to stocks ,but I think it's not all stocks only few stocks are very volatile in the stock market

 

[BullyMaguire]

Is it though? Stocks barely moves.. it doesn't go up just because an influencer says so.. there has to be a relevant news or event to move the prices.. crypto currency is more volatile in my opinion because it wasn't base on anything other than the market and people that buy and sell or those that hypes it

 

[Wisdom01]

Is it though? Stocks barely moves.. it doesn't go up just because an influencer says so.. there has to be a relevant news or event to move the prices.. crypto currency is more volatile in my opinion because it wasn't base on anything other than the market and people that buy and sell or those that hypes it

I believe most times all these statements are made to draw more attention to cryptocurrency , I actually made a research that there are more stocks that are volatile ,compared to the amount of cryptocurrency that are actually more volatile in that order I think tho

 

[magnus2022]

I totally disagree with that assertion. Crypto reacts sharply to every information whether negative or positive. Stocks tends to react to react slowly to news. Another name to cryptocurrency is fluctuations. Nobody will tell otherwise.

 

[chipan]

Am sure he said it because of business as we all know that is crypto that made him all he is now so I don't think he will say bad about crypto by saying that stock market is better than crypto currency

 

[Wisdom01]

I totally disagree with that assertion. Crypto reacts sharply to every information whether negative or positive. Stocks tends to react to react slowly to news. Another name to cryptocurrency is fluctuations. Nobody will tell otherwise.

the stock market actually reacts to more of news , that's why many stock traders listen and folow more of news trends , because they could actually make use of the news and others to determine the way they would run the market .