Post
Topic
Board Bitcoin Discussion
Re: Can you protect your Bitcoin from market volatility?
by
Oilacris
on 10/09/2021, 23:28:21 UTC
In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.


Even just simply storing up your coins on a wallet or simply dont do anything at all then it is always been volatile.Price or value could really change from time to time and making up trades is just really making yourself

adding up the opportunity on engaging into the market which gives out opportunity for you to earn more but of course it would really be accompanied with some risk which you should be aware of if you do step your

foot into the world of trading but if you are afraid or not really that confident then you could just simply held it off and dont trade if you are not that ready.