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?
Volatility is good opportunity for traders to buy at low and sell at high and this is how you generate profit. Professioanl traders make profit out of it by using Technical charts and Money/Risk managment skills. When Market is high volatile like Bitcoin then it is important to use stop loss or you will lose all your invested capital and take buying and selling positions when Technical charts bgenerate strong signals.