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?
Day traders who have a deep understanding of the market, of course they will take advantage of the volatility of bitcoin, and usually they use technical analysis strategies, chart patterns and market indicators to identify trades to avoid losses, so I think volatility will be more profitable for traders, if they have understanding of market movements.