Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
agentx44
on 24/10/2019, 12:11:08 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?
Volatility actually means the value is changing over time, it can either go high or go low. So the answer would be, bitcoin's volatility is here to stay, it will always be there because it is one of bitcoin's unique characteristic among another currency existing in the world right now. It also has a very high volatility which means the increase and decrease is very high unlike in fiat that slowly goes down.