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.
- You don't need years of experience and live like a pro to turn volatility to your advantage, just accepting the most basic ambitions and not going too far on that path is enough to be safe, and the newbie doesn't have to be disadvantaged as long as he is a good boy and knows the high mountains are beyond his limits, his range of activities is not at the top of the mountain, where he needs to study is the foothills with many others there. However, perhaps the disease of hearing loss and being too arrogant about talent was a common ailment