Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
Triffin
on 16/12/2019, 17:37:24 UTC
Obviously yes, otherwise bitcoin has no more purpose, the volatility is the only reason why bitcoin is so famous.

Otherwise, people would go back to the stock market
Yeah that's the main characteristic that must be possessed by Bitcoin, the price volatility of Bitcoin is also very good as someone's trading job because traders can benefit from price volatility. I think the price of Bitcoin will always be volatile.
before the bitcoin market capitalization became large, Bitcoin will continue to experience the great volatility that it is today, many people like it but some also hate it because the capital of traders and investors loses because of that great risk
We should not hate it because its only volatility  that gives us chance to buy some coins at low price and then to hold all of them. We should be grateful to the bitcoin that it makes the price down so we get chance to buy them at low price and then it rises so we get profit for selling it. We should move with market and buy some coins at low price and sell high, you really needs to change your thinking.