acerDec 15, 2021 · 3 years ago3 answers How do boom-and-bust cycles affect the profitability of cryptocurrency investments?
In the world of cryptocurrency, boom-and-bust cycles refer to the rapid rise and fall in the value of digital assets. How do these cycles impact the profitability of investing in cryptocurrencies? What factors contribute to the fluctuations in value during these cycles? Are there any strategies that investors can employ to mitigate the risks associated with boom-and-bust cycles?