Entering month of April, we are seeing the gradual increment on bitcoin's value. This leads to me this question, How stable is bitcoin? What are the factors indicating its constant movement aside from the fact that compared from the last years its value was unfathomable in a financial sense but sudden drops oppressing lots of investors. What sort of deem of hope to investors not to become disoriented and eventually selling there btc shares as its value decrease. What do you think guys?
It is not stable mate, not at all. Also, even though it's funny, I think the world "stable" is one such words that would not be related to this market in the long run. I say that because one of the key features of this market is how volatile assets can be, and so, it may drop down at any time, but it may also fall at any time. Just like the saying, "The only constant thing is change." I feel that that saying is the best words to describe this market, because the only stable thing to expect is how the assets will continuously move and change.
Bitcoin and stability are not synonymous. I really agree with you, the only stable thing about bitcoin is that it's price will always be volatile, however bitcoin's unpredictability and it's unexpected climbs and falls are what makes it so interesting and exciting.