MATEC Web Conf.
Volume 342, 20219th edition of the International Multidisciplinary Symposium “UNIVERSITARIA SIMPRO 2021”: Quality and Innovation in Education, Research and Industry – the Success Triangle for a Sustainable Economic, Social and Environmental Development”
|Number of page(s)||7|
|Section||Recent Trends in Business, Economics, Law and Public Administration|
|Published online||20 July 2021|
Is it worth investing in cryptocurrency?
Institute of Certified Specialists, Perm, Russia
* Corresponding author: firstname.lastname@example.org
Bitcoin price was exceed 60 thousand USD per one Bitcoin in March 2021. This fact manifested a general trend of rising cryptocurrency values during COVID-19 pandemic. Hence the related question, is it worth investing in cryptocurrency? The answer to this question depends on many factors, one of the decisive ones is the high volatility of cryptocurrency. Current work considers volatility and profitability of cryptocurrency, and discusses how to determine volatility and profitability of cryptocurrencies and its importance in investing. In addition, the profitability/losses of cryptocurrency transactions are analysed. If cryptocurrency will be stable in the future, then it is easily accepted through worldwide and in the long run, people would have more trust to the cryptocurrency and its usability.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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