Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
legenduim
on 03/07/2019, 19:29:52 UTC
It is rather unfortunate some investors only see the negative side of any coin with high volatility. Coins with high volatility are good choice for crypto trading because they have the potentials to rise within the shortest possible time. Sell to make profit when it rises and buy more when it drops in price.

Volatility brings a good side in cryptocurrency and that is one of the good thing with volatility, trading has life and many people are benefited to it if there is a good side there is also a bad side when it comes to volatility like we cant make it as standard mode of payment because of the price movement.

It is a personal decision. Hodlers goal is to get a profit holding cryptocurrency for a very long time. As a rule, they have their own business or a very good job and can wait for years. They invest in cryptocurrencies tens of thousands.