Original Medium post can be found here: http://ift.tt/2z3hwNz You know the scenario... Bitcoin had another huge increase , but you missed the opportunity. You wanted to get in, but your gut instinct told you no. And rightfully so...no one knows where the price is going to go. What if you invested, and it had another 20% loss? These sort of price movements are common in the volatile world of cryptocurrencies. Seriously...how far can this Bitcoin price really go? BITCOIN IS A VOLATILE BEAST Risk analysis must be a part of every decision you make. You are constantly faced with uncertainty, ambiguity, and variability. Variability, in the case of Bitcoin, unlike anything we have ever seen before. And even though we have unprecedented access to information, we can’t accurately predict the future. Luckily, we have methods that enable you to see all the possible outcomes of your decisions, and assess the impact of risk. WHERE TO START? Running simulations can prepare us for the worst...