Post
Topic
Board Bitcoin Discussion
Re: Is BTC Volatility More of an Advantage than Disadvantage?
by
Taskford
on 20/08/2021, 11:07:17 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.

To bad for people who doesn't have any experience since mostly they are the one who get burned if market goes downside that's why to overcome this they should learn on how to trade properly so that they can somehow see some potential about the volatility of the market and threat it as their advantages. It's hard to master this things but for sure once we learn and became a experience trader for sure we will see a good opportunity when market drops badly and we will not think about bad on it since we always think about good advantages when market moves.