Post
Topic
Board Bitcoin Discussion
Re: Isn't speculation and volatility a problem for Bitcoin?
by
magnum1010
on 01/10/2021, 03:35:48 UTC
Isn't speculation and volatility a problem for Bitcoin?

I think it depends on the purpose of how you are going to use Bitcoin and your strategy. If you want to pay with Bitcoin, its volatility is a real disaster for you. But if you are a trader, you can earn on its constant fluctuations. If you are a long-term investor, you just don't have to worry about volatility, as your target is holding for several year.