Post
Topic
Board Bitcoin Discussion
Re: Is BTC Volatility More of an Advantage than Disadvantage?
by
uelque
on 20/08/2021, 10:48:18 UTC
One of the undeniable features of BTC is price Volatility. When the market is green, a trader can run into massive profits. However, on a bad day ones Portfolio can varnish within hours. My question, is the price volatility of BTC more of an advantage than disadvantage to traders?

For me, it actually depends on how good you are as a trader.

It is an advantage to those pro traders with years of experience in trading industry not only in crypto but outside crypto. And it is a disadvantage to those who don't have a lot of experience or let's say newbies that are starting to learn. And also, it depends on what kind of a trader are you, either a swing, position, or a day trader. It depends to the person who trades.