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 what move the market whether to bullish trend or bearish trend. The market needs volatility for it to move which us characterized by the percentage of buy pool and sell pool. If the number of buy pool is greater than the sell pool, then the market is going to buy forming a bullish trend moving in a higher high and higher low patterns.
When the number of sell pool is greater than the buy pool, then the market is going to sell forming a lower high and lower low patterns making a Bearish trend. This is why risk management is a good tools in trading which can reduce the amount of loses one can make in the market if price volatility eventually turn against one.