24M Volatility

What it means: The statistical measure of how much an asset's price swung around over the last two years.

In plain terms: How "bumpy" the ride was.

Example: A stablecoin has near-zero 24M volatility; a "shiny new coin" will have massive volatility.

• Bonds: Very low; provides a "smooth" ride for conservative investors.
• Equities: Moderate; has "bumps" but generally follows a recognizable trend.
• Crypto: Extremely high; the "roughest" ride in finance, requiring high risk tolerance.

How to use it: High volatility requires smaller "position sizes." If a coin is hyper-volatile, you don't need much of it to impact your portfolio.