Quote from: bocyaj on April 21, 2022, 07:10:22 PM

Quote from: panukurap on April 19, 2022, 10:31:41 PM

The change in the value of Bitcoin today is indeed a nature that has existed from Bitcoin long ago if it is not stable so that it can change at any time and at any time. And from the past until now Bitcoin still survives and still gets the trust of many people. This shows that Bitcoin is a really strong coin and already trusted even though the value is not stable. In addition, because of the instability, people can benefit from it. When the turn value they buy Bitcoin and when the price goes up they sell it, so the cycle goes on. So don't blame Bitcoin or the market if the value changes quickly and drastically because of that indeed the characteristics of crypto.

What will be the exact meaning for this.You want to have the good rise in the price or you are worrying for the reduction of the price of bitcoin.It’s was confusing for me ,why you are worrying for this.Both the pump and dump was the cause of the bitcoin sustainability.Unless their was fluctuations,who will buy the dummy assets for the growth of their assets.So profit is reason for the growth of the bitcoin.

Volatility is something normal that BTC will always experience, if we start to see the market has many phases, which is accumulation and distribution, if we go to Wyckoff's theory, this is fulfilled, and taking into account the mobility of BTC from 2014 to 2017 the accumulation stage occurred and then the bullish trend stage occurred and then the Distribution, then the bearish trend and later the accumulation stage occurred again, I think that the volatility that It does all this in a period no longer than 3-4 years, which indicates that for the purposes of a pattern every 4 years normal upward movements can occur.