It's common to seek guidance from people who have reached the top of their craft. Younger athletes tend to listen more closely when it's a professional athlete giving advice; students tend to pay more attention when it's coming from a professor; investors tend to take notes about money when it's coming from a billionaire -- particularly when those billions came from investing.
Open FlipVolatility gauge India VIX surged to as much as 15% on May 6 to 16.58, prompting experts to advise caution against large leveraged positions. The rise in the VIX is a sharp rebound from the five-month low of 9.85 recorded on April 23. Experts have suggested not to panic, but they also recommend reducing highly leveraged positions and utilising hedges to manage volatility effectively.
Open FlipBitcoin (CRYPTO: BTC) has dominated headlines for much of the last few months due to the arrival of spot exchange-traded funds (ETFs) along with its most recent halving, which occurred on April 19. But with those developments in the rearview mirror, other cryptocurrencies might have fallen off investors' radar.
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