That is because they fear volatility. Some people can't take the pressure of investing in something which can lose 50% of its price in a day or so, even though it's temporary. On the other hand, I believe bitcoin is already less volatile than it was in years ago, so the fear or dislike some people have regards the crypto currency will fade away as bitcoin becomes more consolidated as a trusted investment, especially among mainstream personalities.
The volatile Bitcoin price is one of the reasons why many people still ignore Bitcoin. Because most people are used to investing in Gold or usually
depositing their funds in a bank, they will consider Bitcoin too risky and unsafe. That's why I always recommend that cryptocurrency be included
in school subjects, so that many people understand crypto from an early age. Most people who decide to ignore Bitcoin because they really lack
knowledge about Bitcoin, and also maybe they got the wrong information about Bitcoin. So the majority of people today are still many who are
hesitant to invest in Bitcoin. We should as Bitcoin enthusiast at least educate the people around us to be able to get the right information about
Bitcoin. So it is expected that people investing in Bitcoin will continue to increase.
Volatility makes it alive, without volatility bitcoin would be like a stable coin. As well as volatility, It also has high liquidity, so you can liquidate your holding at any time if you want. If there was no volatility in the market, investors would not be attracted to it. If you have an idea about market movement and cycling, then volatility will bring you benefits.
That's why I said earlier that most people ignore Bitcoin because they don't know about Bitcoin. They think the volatile Bitcoin price is
Bitcoin's weakness, and they are afraid of investing because the Bitcoin price is volatile. That's because they don't understand Bitcoin properly,
even though as you said one of the biggest attractions of Bitcoin is because it's volatile. So we can make profit from volatile Bitcoin prices,
but be careful, volatile Bitcoin prices can cause losses. If we can't control our emotions, it's easy to panic when the price drops and often miss
the opportunity to take profit because we are greedy. If that's the case, the volatile Bitcoin price can cause losses, so the key to successful
investment in Bitcoin. We must have knowledge, experience, good emotional control and good analytical skills as well. Therefore people who
understand Bitcoin and manage to make a profit from Bitcoin cannot ignore Bitcoin.