![]() ![]() The first, regulatory risk, has been "well telegraphed for some time" and has come to be expected by investors, she says. Nancy Tengler, chief investment officer at Laffer Tengler Investments, sees a few forces at work in the bitcoin trade. The maximum drawdown since January 2010 for the Tesla, Inc. It shows a reduction in portfolio value from its maximum due to a series of losing trades. On the other hand, we cannot overlook the max drawdown, which is over 12. A maximum drawdown is an indicator of risk. Yes, history shows Bitcoin should be a part of your investment portfolio. To get the big upside reward it has to come with substantial downside risk," said Wald. The table below shows the maximum drawdowns of the Tesla, Inc. There's really no damage to the trend on this, though, but there's a trade-off between risk and reward. Carol Alexander, professor of finance at Sussex University, said she expects bitcoin to tank to as low as 10,000 in 2022, virtually wiping out all of its gains in the past year and a half. It may not be suitable for all investors. "This is a very volatile currency day to day. Over the past year, bitcoin has risen more than 680%. Through that period from the August peak into the recent low, bitcoin is up 315%." It must have been a tough nine months for bitcoin investors, right? Nope!. "In August, bitcoin suffered a 20% drawdown, a 17% drawdown in November, 31% in January, 26% in February, 18% March, and now more recently down 16% about peak to trough. "Let's put some things in perspective," Wald told CNBC's "Trading Nation" on Monday. Personal Loans for 670 Credit Score or Lowerīut, taking a step back, that kind of a move looks par for the course for bitcoin, according to Oppenheimer head of technical analysis Ari Wald. It can be due to a decline in the market value of the asset or general market turbulence caused by external factors. Personal Loans for 580 Credit Score or Lower In broad terms, investment risk refers to the possibility of incurring losses on one’s investment. The bear market that followed the 20k ATH in December 2017 was almost as bad, lasting 364 days with a maximum drawdown of 84. Best Debt Consolidation Loans for Bad Credit The current 222-day long drawdown of -73 may feel painful, but the faith of bitcoin hodlers was tested much harder in 20. ![]()
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