Steam dropped bitcoin support citing "high volatility" as a motive.
When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?
If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?
Where does the idea of high volatility being an unnecessary evil come from?
Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?
In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?
When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?
If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?
Where does the idea of high volatility being an unnecessary evil come from?
Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?
In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?
The volatility is always have a positive and negative side because just like any thing in the world it needs to be balance that is why it is like that. The negative side of it is they are falling because they are unstable. So if ever that youbare buying a bitcoins today it might fall and lose its value then you will lose your money. So if i we're you i will buy bitcoins in a much lower proce because it is much lesser to fall rather than to rise. The good thing is they are great in invreasing your money.
Big volatility always is very good for professional traders because only with high volatility they could earn money if volatility is low you can not make any money or make small ones with high ones peopel making so nice and big money on that market.