Topic: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto - page 3. (Read 895 times)

In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil

Volatility is not important, it is not essential since Crypto currencies are volatile as it is even in the beginning since they are decentralized and that is the reason why most of the investors are investing on Crypto currencies is that of because of the volatility of it. The important here is the continuity of the profits it is giving to the investors making their demand higher and higher through time.

In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil

In fact, in the past years when the price of bitcoin was very small, governments and banks did not comment on bitcoin, because they did not look at price and volatility as very dangerous, but when the price began to rise from $ 6,000 to $ 20,000 has aroused the attention of many governments and banks and the argument of banks and governments is that this high volatility is very dangerous. So in my opinion the volatility is Creeping Evil

Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

in the trading market, of course volasitas are essential, many investors enter market, given a bright future, so profits can be obtained. but it is indeed a regulation from government that makes its development hampered, until it has a high risk

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

I agree with you that for now, for investors, for traders, th volatility of cryptocurrency are gold mines for them. Expecting a high risk high income investment. This is the reason why a.lot of people have joined cryptocurrency especially the bubble created last year, the hype was made bigger. However, if the governments are concerned, this volatility made it difficult to accept cryptocurrency. It is not good for the economy.

of course the bank will say like this, because their technology cannot defeat the technology of the blockchain, and they are afraid that someday fiat money that actually comes from the bank will be replaced by Cryptocurrency

For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

There is a trend recently with "stability". To me yes we have a stability period but we need to consider it as temporary, we all know soon or later it will pay. I am also considering the other side: without stability, the mass adoption will always be difficult and people will only use Bitcoin to invest (with potential gains/loss)

The volatility will always happen now and in the future and cryptocurrency market is different than the stock trading. People come and out in cryptocurrency, and some of them can make a lot of money from cryptocurrency while the other people were getting a big loss in cryptocurrency. I agree that new players that don't know can gain big profits because they have luck in their first-time trade. But I believe that the investor will gain the benefits or the profits too, and they will make a lot of money in the long-term while the new players cannot do the same.

I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.