I have started to buy small amounts which I plan to hold but I really dont like the volatility. It is also difficult to invest in something when I dont really have any history to give me a clue of somethings value. I doubt I would hold if bitcoin went over 5000. It seems to be moving a bit too fast.
this is correct, what makes bitcoin so risky for short- term invesments is the high volatility of the price, the quick and rapidness of the trend to change is what makes it difficult for experts like you to intuitively manage the returns. in just a matter of minutes can be drastic and can be profitable at the same time, unlike any other investments that has less volatile like properties and gold assets.