Post
Topic
Board Altcoin Discussion
Re: Crypto Volatility is good but...
by
Metall303
on 25/06/2020, 17:01:50 UTC
The volatility of crypto is what defines it to the others. Crypto tends to become famous and known because of it's volatility. Imagine if crypto has a low volatility, How would the market be affected? It will drastically lower the cap. Why? because when the market is volatile it means the market is flexible? What does that mean? It means that the charts/price will more likely bounce all over the place support to resistance vice-versa. So this means that investors or newbies have a better chance on earning when they buy for low. Which leads in a great introduction to crypto.
volatility, in any case, should disappear in the future, but this will not happen soon. in 5-10 years, trading will be the same as trading by traditional assets now. 5-10 percent profit per month maximum