The high volatility nature of cryptocurrency is as a result of the inability to spend cryptocurrency like we spend fiat in our daily lives.If a person holds an amount worth btc,he or she will be required to liquidate the said amount to be able to make payments for some everyday spending.This will make there be some available digital currency for sale.But if the person could spend the digital currency directly then the price will always be maintained and as more influx of people into the industry, prices will only continue to increase.
Bitcoin are also know and very familiar for being volatile, and people get also interesting with being volatile. In the market we need to have a characteristics of being volatile. Bitcoin is so volatile, that's we earn a lot of profits if we managed it correctly.