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What Is Crypto Volatility?

TL;DR

Volatility is the speed and magnitude of price change. It requires dynamic sizing and stricter controls.

Clear explanation

Crypto volatility is structurally elevated due to 24/7 trading, fragmented liquidity, and rapid information flow.

High volatility can create opportunity, but only when risk budgets adapt with it.

Operationally, combine volatility with entropy and liquidity to decide how much risk to deploy.

Technical example: volatility-aware sizing

A strategy keeps per-trade risk constant by halving size when observed volatility doubles.

  1. Estimate rolling volatility.
  2. Convert volatility change into a sizing multiplier.
  3. Apply hard leverage and open-risk caps.
  4. Reassess on each regime transition.

ASCII model

Volatility up -> wider stop -> lower size -> stable risk
Volatility down -> tighter stop -> higher size -> stable risk

Volatility regimes and response

RegimeTypical behaviorRecommended response
LowNarrow rangesNormal process, avoid overtrading
MediumBalanced movementStandard policy
HighFast swingsReduce size, tighten controls

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FAQ

Can volatility forecasting eliminate risk?

No. It improves planning but cannot remove tail events.

Why do volatility spikes appear suddenly?

Compressed liquidity and latent order imbalance can release quickly on catalysts.

Should volatility alone determine direction?

No. Direction needs structure and flow context alongside volatility.