Quote from: Ozero on May 08, 2019, 04:28:20 AM

Quote from: SnowAugustine on September 20, 2018, 12:28:31 PM

I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?

High price volatility of cryptocurrency is an inevitable evil and its advantage over other payment systems. It will always exist if we want to have a decentralized cryptocurrency. It is the absence of a regulatory body that makes cryptocurrency unstable in price, and this is precisely what attracts many people, helping them to get more profit. At the same time, this is a very big obstacle on the way to the legalization of cryptocurrency by states and its adoption by business structures as a means of payment.

With high volatility most traders loves to play with this unstable industry, it's attract people to take their chances in order to play smart around the market, being stable will be a tough job to everyone who's inside this industry, they've been attracted because of some good opportunities to earned while the market is wildly moving up and down, they always find the good opportunities to enjoy the process.

We will continue to witness how volatile the movements will be, we just need to get used of it.