Isn't speculation and volatility a problem for Bitcoin?
Why it is? Bitcoin has been known as an speculative asset and its market is very volatile so why it should be a problem?
Well, maybe for those who have less experience about volatile markets, it is a problem if they lack of awareness.
Speculation and volatility are not a problem for me who is already familiar with Bitcoin, it is a problem for people who do not understand Bitcoin.
So it's best before investing in Bitcoin learn everything about the crypto world, so we will not complain about Bitcoin as a speculative asset or
the volatile Bitcoin price. Even for people who understand Bitcoin, the volatile Bitcoin price is an advantage in itself to be able to make a profit.
The conclusion is don't invest in something we don't understand, it will indeed be a problem.
It's not a problem for me either. People who are new to bitcoin, they look at it as something bad and very problematic with it.
But after understanding bitcoin, it's actually a good thing that they have to look at as an advantage upon learning that there's a reason why people like volatility.