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Bitcoin Miners: A Study in Volatility


Many investors hesitate to buy cryptocurrencies directly, because of their unpredictable price swings. But if you think of Bitcoin (CRYPTO: BTC) as a paragon of massive volatility, you haven't seen the charts for bitcoin miners yet. These fickle tickers can make hardened growth stock investors blink and tremble. I can recommend buying and holding crypto-mining stocks only if you don't mind lots and lots of sleepless nights.

Buckle up and I'll show you what I mean.

Here's how five of the biggest names in bitcoin mining stack up in terms of traditional volatility metrics. To give you an idea of each metric's expected readings, I also include values for bitcoin itself, one ultra-stable value stock, and one unpredictable meme stock.

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Source Fool.com

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