Post
Topic
Board Speculation
Re: He began to grow again!
by
richardsNY
on 19/11/2017, 21:23:23 UTC
I'm asking myself this question! I personally decided that I would wait up to 10 thousand, because I believe, although I understand that this is a very volatile currency, and a big risk.

Volatility shouldn't bother you if you just keep holding your coins till a certain level, or just for the long term in general. Why would you care about short term fluctuations when not long after that the price goes up anyway? If you look back at how much volatility we have gone through this year, and look at the current exchange rate, it should be crystal clear that volatility isn't something long term minded people should care about. But still it upsets people, it lowers their overall confidence in this market, and ultimately makes them sell their coins, which more often than not will result in people buying back their coins at higher levels. I call that capital destruction.