Quote from: clickerz on October 07, 2018, 02:39:41 AM

Quote from: biletskiy on September 28, 2018, 06:40:41 PM

Quote from: Portia12 on September 07, 2018, 09:45:54 PM

Quote from: iamjher on January 19, 2018, 02:37:44 PM

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.

High volatility is necessary in order to earn more profit and it will benefit the daily traders in the market since they can always monitor the entire exchangers.

It is exactly the volatility that lets us earn the money. The wisest traders earn a lot on it. That is why they live for these ups and downs of the cryptocurrencies.

True. It depends on which side you are. If you are a trader, its an advantage to watch this movement. If you are familiar already with the price fluctuations, you can earn even on bearish times as day trader. For me its normal, and let us be hopeful that it will recover soon.

If you do not have any experience of crypto trading then you should hold your coins for long time. The price will definitely go up in the future and you will earn handsome money. Dont be panic about the price volatility. It is coin and the price of a coin will never be constant. Little bit variation will occur any time and there are people in the world that take advantage of such situation.