yes, I like volatility...
I think it has something to do with logic, how can you make a profit, if investing in a stable coin/token. volatility is needed for you to make a profit. stable coin/token is only suitable for 'payment' only.
Topic: Do you like Volatility? Debate - page 3. (Read 464 times)
As far as I understand, BTC was invented for the free market, which means that BTC should not have restrictions on its use and its state. And so if we are talking about a free market, then the price of BTC should be volatile, because in the free market there are both ordinary traders and speculators who, in turn, play with the price. Whether it is good or bad, everyone decides for himself, but if we say that this is bad, then BTC needs regulation, with the help of which the price of BTC can be stabilized. I believe that volatility is good for BTC at the moment, as it gives everyone the opportunity to earn money.
Without volatility there will be no profits so as an investor everyone looks to invest on assets which are speculative. In cryptocurrency the volatility range determines the day of traders because they can easily make 5% profits with constant sideway movements like what is happening in the market right now.
I like the volatility of bitcoin price because as a trader, that can be the way for me to buy low and sell high, although I can not always get that time to trade. But so far, I am still trying to do that, and the result is good for me. If people worry about the volatility, they can only buy bitcoin and hold it and not use it for trading because that can profit the future.
As long as we know how to deal with the volatility, we can take a chance to buy low and sell high and make a profit. We need to learn more about trading so we can get benefits from the volatility. The volatility happens to altcoin, which can be additional profit if we can use the volatility to have more chances to profit.
As long as we know how to deal with the volatility, we can take a chance to buy low and sell high and make a profit. We need to learn more about trading so we can get benefits from the volatility. The volatility happens to altcoin, which can be additional profit if we can use the volatility to have more chances to profit.
I'd personally be satisfied right now if the market of Bitcoin stabilized since that would most likely result in an increase in adoption since the risks would be lowered compared to the current state. That doesn't mean that the current volatility is wrong. If anything, I suppose the current volatility just dictates the possibilities that Bitcoin posses (which may increase more anyhow). Sides, I fully expect for the market to actually stabilize once the supply stops increasing as well as the foundation of Bitcoin is solidly built. I suppose Bitcoin is highly volatile in the first place since many people ignored it back then, but it wasn't limited by such opinions and has continued to develop to where it is today.
Volatility whether they like it or not if they enter the Bitcoin market and cryptocurrencies must accept it, here in the same way there is for everyone, those who like stability, can go and buy USDT, BUSD, among others, or some Gold in the form digital if they like to follow the price of gold mixed with Blockchain technology.
Volatility for many can be a double-edged sword, just as you can have a touch of luck, it can ruin a plan causing you to lose your funds, I know many friends who before going to sleep change what they have in BTC for USDT, I respect that decision but I do not share it, I prefer to leave it in Bitcoin despite its volatility, if it falls in price, the best strategy is to wait until it recovers and rises much more.
Volatility is present in stock market too so there is no escape in that attribute, and as @LUCKMCFLY says, we just have to accept it which is the most reasonable thing to do because it is out of your control and the only way to make money out of it is to utilize that volatility in your favor because with volatility you can make more money because you know that it is going to go down anytime soon but you have to know when to buy because you might get the bad card and you will get left behind. Volatility for many can be a double-edged sword, just as you can have a touch of luck, it can ruin a plan causing you to lose your funds, I know many friends who before going to sleep change what they have in BTC for USDT, I respect that decision but I do not share it, I prefer to leave it in Bitcoin despite its volatility, if it falls in price, the best strategy is to wait until it recovers and rises much more.
Volatility whether they like it or not if they enter the Bitcoin market and cryptocurrencies must accept it, here in the same way there is for everyone, those who like stability, can go and buy USDT, BUSD, among others, or some Gold in the form digital if they like to follow the price of gold mixed with Blockchain technology.
Volatility for many can be a double-edged sword, just as you can have a touch of luck, it can ruin a plan causing you to lose your funds, I know many friends who before going to sleep change what they have in BTC for USDT, I respect that decision but I do not share it, I prefer to leave it in Bitcoin despite its volatility, if it falls in price, the best strategy is to wait until it recovers and rises much more.
Volatility for many can be a double-edged sword, just as you can have a touch of luck, it can ruin a plan causing you to lose your funds, I know many friends who before going to sleep change what they have in BTC for USDT, I respect that decision but I do not share it, I prefer to leave it in Bitcoin despite its volatility, if it falls in price, the best strategy is to wait until it recovers and rises much more.
Volatility is one of the big reasons why there are lots of investors not just in Bitcoin but for other cryptos as well.
We should accept the fact that bitcoin is more treated as an investment rather than a currency so everything up to this point, bitcoin's price doesn't have the real established price. Bitcoin also won't be popular if the market is not volatile.
I like the volatility, even it sometimes wrecked my plan, but that's the thing I already used to see since I entered the crypto world.
We should accept the fact that bitcoin is more treated as an investment rather than a currency so everything up to this point, bitcoin's price doesn't have the real established price. Bitcoin also won't be popular if the market is not volatile.
I like the volatility, even it sometimes wrecked my plan, but that's the thing I already used to see since I entered the crypto world.
I like it or not I cannot control the market and I have to deal with the volatility because that what makes cryptomarket more profitable compare to other market.
We have to learn how to ride the volatility in order for us to make money so if you think you can’t handle those volatility better not to trade and just play long term holding.
We have to learn how to ride the volatility in order for us to make money so if you think you can’t handle those volatility better not to trade and just play long term holding.
Bitcoin has become precious for its volatility. I think because you don't have the right idea about Volatility, makes you frightened about it. Bitcoin's volatility means, how massive the price can move. It can happen in any direction that depends on demand and total supply.
Fiat is less volatile cause when govt assumes any uncertainty they can print more money to establish the uncertainty. But Bitcoin has limited supply that's why demand is increasing day by day and the result is crazy upward movement.
Investors like grayscale, MicroStrategy, Tesla, and we(small traders) are taking this advantage to hybrid our portfolio.
Fiat is less volatile cause when govt assumes any uncertainty they can print more money to establish the uncertainty. But Bitcoin has limited supply that's why demand is increasing day by day and the result is crazy upward movement.
Investors like grayscale, MicroStrategy, Tesla, and we(small traders) are taking this advantage to hybrid our portfolio.
yes, indeed! volatility is one of the major reasons why people are attracted to bitcoin. and that is true to most alts as well. volatility is like the attached feature in most cryptocurrencies, of course with the exception of stable coins. and such feature is the reason why traders are getting into this market, otherwise, they will just stay to the forex market and the likes, where movement is not that drastic.
imo, volatility is the unique factor in crypto. this is what it sets apart from fiat-based markets.
Volatility is needed in order for bitcoin to be recognized. In fact, I still like bitcoin to rise up and down like this because it is a good chance for people to make money. Even gold which is believed to be stable still gain a huge value during the recession and the pandemic. From my perspective, it is hard for bitcoin to become a stable currency because people only see it as a safe haven to against not just the inflation but also the government and its centralization
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Bitcoin has become precious for its volatility. I think because you don't have the right idea about Volatility, makes you frightened about it. Bitcoin's volatility means, how massive the price can move. It can happen in any direction that depends on demand and total supply.
Fiat is less volatile cause when govt assumes any uncertainty they can print more money to stabilize the uncertainty. But Bitcoin has limited supply that's why demand is increasing day by day and the result is crazy upward movement.
Investors like grayscale, MicroStrategy, Tesla, and we(small traders) are taking this advantage to hybrid our portfolio.
Fiat is less volatile cause when govt assumes any uncertainty they can print more money to stabilize the uncertainty. But Bitcoin has limited supply that's why demand is increasing day by day and the result is crazy upward movement.
Investors like grayscale, MicroStrategy, Tesla, and we(small traders) are taking this advantage to hybrid our portfolio.
I sure do, lol, i do. It's one of the most distinctive factor of cryptocurrency from the regular fiat currency. Bitcoin or cryptocurrency volatility is very beneficial to crypyo investors as it could at some point determine when its best to enter the market on a buy and sell at another point to get return in investments (ROI). Its really, really usefuand I wonder what would have been the fate of bitcoin or cryptocurrencies without volatility. It would just look like another stable coin and we all know stable coin are used mainly as a store of value. That wouldn't be the fate of bitcoin, nope, never. It won't go down so well on investors and crypto enthusiast.
I think that volatility is what gives the best life to bitcoin, many do not like to deal with volatility but it is what differs from all markets, you can get big profits if you have good luck taking advantage of volatility, I have a friend who managed Buying a car by making a good option that went from one day to the next, had a profit of + 40%. Bitcoin is the safest way to obtain financial freedom.
Some have been impoverished by volatility, they fall into despair and cannot succeed, but I think that luck plays a very important role here as well.
Some have been impoverished by volatility, they fall into despair and cannot succeed, but I think that luck plays a very important role here as well.
Bitcoin and volatility go hand in hand. I wouldnt be surprised if a lot of
Wall Street traders dabble in Bitcoin, where else can traders potentially
make big gains on a monthly basis and other gains daily.
Look at this month and last month where towards the end of the month Bitcoin
falls and promotes the tag of being "Volatile" what other market can regularly
provide traders and Hodlers the opportunity to make gains of up to 25% per trade?
We who practice Dollar Cost Averaging are also happy with volatility.
Personally, I love the volatility.
I agree with you, it gives us an opportunity. Many of crypto users are still here on this industry because of the gains, not the technology. I always wonder what will happen when crypto price becomes more stable. Let say the fluctuation rate only 1-3% a day. I believe most of crypto users will leave crypto trading. Only big players will settle with that situation. You can see how the hype increase when crypto price is up/down significantly. Some people take the advantages of that situation, they wait for that moment. At that time, the cryptocurrencies moves from one hand to the other hands.
I agree with you, it gives us an opportunity. Many of crypto users are still here on this industry because of the gains, not the technology. I always wonder what will happen when crypto price becomes more stable. Let say the fluctuation rate only 1-3% a day. I believe most of crypto users will leave crypto trading. Only big players will settle with that situation. You can see how the hype increase when crypto price is up/down significantly. Some people take the advantages of that situation, they wait for that moment. At that time, the cryptocurrencies moves from one hand to the other hands.
For me personally I never really had the understanding of Volatility until I bought BTC a few months ago.
I thought it was so nice to see that my investment saw a 5% gain in value over a 4 hour period. I was like "what the heck is this all about?" That day I decided to research and research and more research. I read a few books, sat down with a bunch of the crypto guys and listened to stories of what Bitcoin does and how its making people millionaires. I loved every bit of it.
I don't mind BTC volatility much, the only thing is that with Bitcoin everything is too high stakes and you don't really know how the markets will react. Having the right knowledge on BTC and how to research it from a technical perspective will get you ahead of the competition.
I thought it was so nice to see that my investment saw a 5% gain in value over a 4 hour period. I was like "what the heck is this all about?" That day I decided to research and research and more research. I read a few books, sat down with a bunch of the crypto guys and listened to stories of what Bitcoin does and how its making people millionaires. I loved every bit of it.
I don't mind BTC volatility much, the only thing is that with Bitcoin everything is too high stakes and you don't really know how the markets will react. Having the right knowledge on BTC and how to research it from a technical perspective will get you ahead of the competition.
Volatility is required for asset that can't be controlled by anyone or asset that are decentralized. Bitcoin is one of the most popular among many decentralized crypto, so without volatility there is no chance for trader to make a profit. Trader and investor need volatility beside that they also need the technology that is in it. I assume that volatility is the most important part of decentralized asset because without volatility, I don't think we need an exchange. Bitcoin has become a business field for investor who believe that it can give them profit, volatility arises due to the influence of supply and demand.
Volatility is the reason why there are more traders in particular market, without huge or enough volatility just like a local stocks in a third world country, its boring.
Before answering this question, let's analyze first the situation just like for example the investors. Do you think that investors will adopt bitcoin or cryptocurrency if it is in a stable manner in which it would be like fiat without any movement? If yes then probably those investors will not inherit the successful in investing here in bitcoin. One of the main reason why investors are investing in bitcoin is because of it's volatility and also it may helps them to make other transactions through the help of it.
I think that volatility is what gives the best life to bitcoin, many do not like to deal with volatility but it is what differs from all markets, you can get big profits if you have good luck taking advantage of volatility, I have a friend who managed Buying a car by making a good option that went from one day to the next, had a profit of + 40%. Bitcoin is the safest way to obtain financial freedom.
Some have been impoverished by volatility, they fall into despair and cannot succeed, but I think that luck plays a very important role here as well.
Some have been impoverished by volatility, they fall into despair and cannot succeed, but I think that luck plays a very important role here as well.
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