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?
It depends, sometimes it’s an advantage and sometimes it’s a disadvantage. It all goes down to what you’re using it for. Like you said, when the market goes green and increases in value, it’s an advantage for a lot of people as they are able to make profit from the market. And when it goes down, that becomes a disadvantage since a lot of people ends up losing their money. That aside, I know people that wants to use bitcoin mostly as a method of transaction, but since it is volatile, they find it hard to use it, because they fear they will lose their money when they do.