Quote from: Julunguul on June 30, 2019, 11:07:02 AM

Quote from: franklin2058 on June 28, 2019, 08:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

After a moment of shrinking, everyone is sure that the bearish moment will come, maybe it can be a little faster than it should. Regarding how easy BTC prices go up or down, I think this makes sense so just relax to respond it. While waiting for BTC price getting better, maybe we should that time to get some alts in this red market.

The shrink was a correction, it's not a bearish trend like since it didn't last.
We called it sudden dump and after that sudden dump, we've see how the price has recover and that is not bearish for me.

Volatility makes smart traders very profitable, imagine bitcoin was once up 10%, and then down more than 10%, if they do the right
decision at that moment, they can sell with profit and buy cheaper than the current price.