Which is why relying on the Sharpe Ratio in cryptocurrency trading is so fraught with difficulty. But that's not to say that the ratio itself is of limited value.
source https://www.google.com/url?rct=j&sa=t&url=https://www.bbntimes.com/en/technology/sharpening-your-sharpe-ratio-for-cryptocurrency-trading&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNFYmoRB49vC_fzP57u3TUkSPb9Neg