Quote from: RoommateAgreement on March 15, 2017, 04:00:47 AM

Quote from: wxa7115 on March 15, 2017, 03:45:42 AM

Quote from: Lieldoryn on March 12, 2017, 10:09:51 PM

Quote from: Investforprofit on March 12, 2017, 09:50:09 PM

I think that bitcoin is currency I mean cryptocurrency not only currency what means that bitcoin price is fast changing what is good for investing in bitcoin so I dont think that we can call bitcoin investment when cryptocurrency=investment.

It seems to me that the rapid change in prices can only scare off investors in bitcoin. Such jumps is dangerous. The price may increase and an equally fast fall.

While the volatility on bitcoin price may scare off those investors that prefer to take safe investments for many bitcoin offers the opportunity to earn big in a liquid market that moves extremely fast and give to them the best chances of making money fast.

volatility of bitcoin NEVER scares off any investors. it scares of average Joes who want to buy bitcoin and use it as a currency. the investors know what volatility is and how they can take advantage of it which means the love it and will invest because of this volatility.
but in the end we need stability of price if we are to move forward and see mass adoption.

That's their favorite actually especially the day traders, like me because of the volatility of bitcoin I take the opportunity to buy low and sell high even in a short period of time and that gives a good margin of profit if you can do the right timing. Whatever people think, I focus more on the long term investment and it's just a bonus for me when I earn in short term trades although it's not all the time.

Bitcoin is volatile but its movement is going up, time is only our friend if we will employ the right patience before we sell for a good profit.