Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
Magkirap
on 24/10/2019, 16:37:55 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?

Volatily of bitcoin was normal, as long as there are trading of it in the market its price will change again and again. This was dependent to the supply and demand, basic of economics likewise. Don't be afraid about the drops of its price, what we should do is to be strategic in terms of the distributions of our funds so that we are not relying only in one crypto, this makes your hodl more risky that it might loss all your funds in a sigle time.