And I think in the end of the year that it will reach just only about some $500 and that is all so we have to wait a longer time if we want to make some more profit.
It is good if the price rise slowly. Too much volatility will deter potential investors. That will reduce the price.
Volatility is the key aspect for attracting traders. They purely focus on making as much money as possible in a very short time. Volatility in the price gives them exactly that. For long term holders and people using Bitcoin mainly as currency prefer the price to be fairly stable or to go up slowly.
Volatility is good for traders. But it is bad for investors. Investors do not what the value of their investment drop 40% a day.