Moving Bitcoin: Risk and opportunity cost of confirmations

Copper looked at the most volatile days Bitcoin has seen recently and assessed blockchain confirmation times against the price movement

Copper

Good things come to those who wait,” they say. Except for cryptocurrency traders.

Waiting for blocks that are filled to the brim to confirm multiple times is fairly painful. The wait for accounts to be credited on exchanges all the while watching prices plummet makes patience very costly. On the upside, this also means getting in at an opportune time is also potentially lost due to confirmation delays.

In this In-Depth, Copper looks as some of the most volatile days in Bitcoin and what the cost would be from the decision to sell or buy, to actually being able to execute.

Read the full report here.

DISCLAIMER

THE INFORMATION CONTAINED WITHIN THIS PRESENTATION IS FOR PROFESSIONAL INVESTORS, REGULATED FINANCIAL ADVISERS AND THEIR INVESTORS ONLY. ALL INVESTMENT IS SUBJECT TO RISK. THE VALUE OF DIGITAL ASSETS MAY GO DOWN.

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