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Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it -Breaking

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Volatility, a complex statistic measure that investors and traders use frequently, is not easy to understand. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. Changpeng Zhao, founder of Binance, recently stated that volatility can be confusing for most people.

CZ made this incorrect assumption not only once before. CZ stated in May that volatility is not unique to crypto, but multiple sources include Cointelegraph, showed that excluding Tesla (NASDAQ:), no S&P 500 stock matched ‘s (BTC() 70% annual volatility.

Bitcoin 50-day realized volatility. Source: TradingView
Profit / Loss estimate. Source: Deribit Position Builder