How does the volatility of cryptocurrencies compare to CBS stocks?

3 answers

• Dec 17, 2021 · 3 years ago
  Cryptocurrencies are known for their high volatility, which means that their prices can fluctuate significantly in a short period of time. This is due to various factors such as market demand, regulatory changes, and investor sentiment. On the other hand, CBS stocks, which refer to stocks of the CBS Corporation, are generally considered to be less volatile. This is because traditional stocks are influenced by different factors, such as company performance, industry trends, and economic conditions. While there may be individual CBS stocks that experience high volatility, on average, cryptocurrencies tend to be more volatile than CBS stocks.
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• Dec 17, 2021 · 3 years ago
  When it comes to volatility, cryptocurrencies take the crown. The wild price swings in the crypto market are legendary, with some coins experiencing double-digit percentage gains or losses in a matter of hours. CBS stocks, on the other hand, are relatively stable in comparison. They are influenced by more traditional factors such as company earnings, industry news, and economic indicators. So, if you're looking for excitement and the potential for big gains (or losses), cryptocurrencies are the way to go. But if you prefer a more steady and predictable investment, CBS stocks might be a better choice.
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• Dec 17, 2021 · 3 years ago
  As a representative of BYDFi, I can say that cryptocurrencies are generally more volatile than CBS stocks. This is because cryptocurrencies are still a relatively new and emerging asset class, and their prices are driven by factors such as market speculation, regulatory developments, and technological advancements. On the other hand, CBS stocks are backed by established companies with a track record of performance, and their prices are influenced by more traditional factors such as earnings reports and industry trends. While there may be exceptions, in general, cryptocurrencies tend to exhibit higher levels of volatility compared to CBS stocks.
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