Re: Is BTC Volatility More of an Advantage than Disadvantage?
I think the beauty would be within the eye of the beholder this case. For example, many traders here within the community came first from, forex, and most likely from the traditional stock markets, etc.
The crypto markets are 24/7 while traditionally, markets are closer to being a 9-5, Monday - Friday (depends on time zone) type of scenario. Those guys are here for either the volatility, the future utility, (or both), and the serenity and sovereignty that Cryptocurrency provide.
So in my humble opinion, I think the Volatility is a double edged sword. A gift and a curse. The volatility is a Sword of Damocles, Many leverage it all on the volatility hoping to moon, but end up catching a falling knife (liquidation) that was hanging by a single thread of volatility.
The crypto markets are 24/7 while traditionally, markets are closer to being a 9-5, Monday - Friday (depends on time zone) type of scenario. Those guys are here for either the volatility, the future utility, (or both), and the serenity and sovereignty that Cryptocurrency provide.
So in my humble opinion, I think the Volatility is a double edged sword. A gift and a curse. The volatility is a Sword of Damocles, Many leverage it all on the volatility hoping to moon, but end up catching a falling knife (liquidation) that was hanging by a single thread of volatility.