What every professional trader should know about volatility?

In early April 2018, investment fund of “the financial legend” George Soros began speculation on cryptocurrency market.

The genius of financial alchemy made his fortune by “exploiting volatility” as evidenced by the income he received during local and global economic crises during half a century in trading.

This explains his sudden interest in cryptocurrencies, which he does not recognize as currencies, specifically because of high volatility. Soros is considered to be an ‘anti-crypto’ investor after his words at the World Economic Forum in Davos “cryptocurrency is not money” but at that time the fund had already started speculative sales. The financier in fact made an open recognition of the digital assets trading and used reaction to his words to support his purchases.

A professional trader does not care where the price moves — even when the rate falls, a trader extracts revenue by trading “in both directions”. This explains the high and stable profits from Cicoin.io’s investments in cryptocurrencies.

The company diversifies its Bitcoin and Altcoin portfolio in two ways:

● distribution of investments on a wide range of promising cryptocurrencies — “unicorns”.

● algorithm of volatility.

Using cyclicity theories and calculating extreme ranges of fluctuations, professional traders are constantly on the market, opening and closing limit orders. Such tactic allows to avoid losses, brings quick profit to an open position due to the known feature exchange rate correction after significant price change.