Post
Topic
Board Economics
Re: Is bitcoin volatility here to stay?
by
cheezcarls
on 10/01/2021, 11:19:17 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?

I honestly think that the Bitcoin volatility is here to stay for a very, very, very long time no matter if pumps or dumps. The crypto market is still small and young, so there is a lot of room for Bitcoin and other cryptocurrencies to grow even further as institutions are starting to buy Bitcoin from all over the world. I also believe that only less than 0.01% of the institutions worldwide are buying it, and there are still a lot of them who are not yet aware but may be gaining interest later on.