Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
Dudeperfect
on 20/11/2016, 04:02:32 UTC
for me it hardly interfare i like when bitcoin price is almost stable i dont care much when it move about 5$ up or down its ok with me i can manage that little loss or profit anyway when it comes to trading only then i care about the price yes i have to wait many times to get the desired price

Yes, being a trader a little profit or loss is nothing and the case is same for long term investor. It actually doesn’t matter if the price is increasing or decreasing because even newbies are aware that bitcoin is the crypto-currency with high volatility so little ups and downs won’t bring much effect. I see price volatility with the positive approach because it shows that people are constantly trading bitcoin and that is a very good sign of people’s interest in bitcoin. I consider movement is growth and price fluctuations shows that bitcoin is moving from one point to another and indirectly it’s growing.