As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
Facing risks are important for you to become successful investor, volatility of the bitcoin is one of the risk that you should face if you will make investment. You should know when is the right time to enter and to exit in bitcoin trading for you to avoid losses.
Well volatility can get you eitherway. If you learn how to ride the ups and downs of the market then you're likely to make a lot of money. Without btc's high volatility, trading won't be that much exciting.
It's very challenging, because volatility is uncontrollable and unpredictable. You need to be strategic and be courageous, considering that market rises and falls unexpectedly. It's very important to learn and gain knowledge to be well-educated, to be aware, and to determine what proper approach to consider or not.