Post
Topic
Board Economics
Re: Is Bitcoin Volatility A Bad Thing?
by
Superways
on 12/01/2018, 20:36:31 UTC
Not at all: if you are a good trader, high volatility is the key to make big money.
Actually, the real advantage of tradin with crypto - in comparation with forex - is exactly the fantastic volatility of the market

Yeah for holders volatility is giving them heart attacks. LOL But for traders its like dollars, because they can earn a lot because of this volatility.
I don’t really think so that there is something wrong in the volatile nature of bitcoin. In fact, the popularity which bitcoin is having in this world is just because of the reason that bitcoin is having this much of volatile nature. Volatility is helping them in having more profit as they buy and sell their bitcoins at the time when the market price falls down or increase. This is helping them in having good money at the end.