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?
Nope, do not see things in negative always in positive. Yes we may experience to drop its own value but I see this as an opportunity to buy bitcoin and be a successful bitcoiner. When the btc value turns red then it is the best time to buy while when btc turns to green then it is the best time to hold and wait for a larger value of btc.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?