Watch this space: Volatility is bitcoin's main attraction - Raoul Pal

By Divya Chowdhury
FILE PHOTO A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15 2021. REUTERSDado RuvicIllustration

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - Bitcoin's volatility is its main attraction as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal said.

"People have to learn to adapt to an asset that is that volatile... it has such a big upside risk-reward skew," Pal, founder and CEO of Real Vision, told the Reuters Global Markets Forum on Wednesday.

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