Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
hispout
on 08/07/2019, 05:38:07 UTC
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?
One thing I really don’t like about some people here is that they are fond of acting like hypocrites, lol. So you will see some people here claiming that they hate volatility, because it makes cryptocurrency a risky business… But these same people will be the ones to tell you that they wish that Bitcoin will pump and the market will grow to $1 trillion so that the market price rate for Bitcoin will move up to $50k or so and they will make profit. If you hate volatility then why do you wish for such? Or don’t you know that without volatility that’s never going to happen? The way I see it volatility is just here stay and it’s not going to change.