Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
freedomgo
on 23/07/2019, 06:59:35 UTC
Bitcoin volatility is here to stay because what we call volatility is actually a distinctive feature of bitcoin.

Exactly, people has to understand and know that.

As an investor in bitcoin, one will expect price to continually go up while we sit down and smile, but reverse tends to be the case. Volatility nature of bitcoin tends to always ensures there is even balancing and regulations in price.
IF there's a reversal of price, people panic when it's coming from a big pump.
Things work like that and only when they understand and mature where they can make the right judgement.

There are people who panic, we can't stop them, but the moment they learn from their mistake, that will reduce the volatility.