Quote from: Betwrong on Today at 08:16:12 AM

Quote from: arwin100 on August 10, 2022, 11:38:06 AM

Quote from: Betwrong on August 10, 2022, 10:23:01 AM

~ It may be hard to understand for most people in the world at the moment, but these days Bitcoin indeed is better than gold. There's nothing wrong with gold itself, it will always be worth something, but today it's overpriced big time, same as it was 10 years ago. Bitcoin, on the other hand, is now fluctuating around its new bottom.

For profitability reason yes we can say that bitcoin is better than gold but before we can earn with it we must have been more experience dealing with volatility since if we are newbie and been hype up with results shown on internet then maybe we will not like bitcoin at first try. This is why we need to think more and learn more before we enter because bitcoin is volatile and that add the risk upon trying to select this as investment.

Learning and getting experience is never a bad idea, so I'm not going to argue with that. But don't you think that with Bitcoin it doesn't take a lot of learning to see that your investment is going to be profitable in the long run?

What you describe is very important for day traders. Indeed, you can earn a lot with exploiting the volatility of BTC, and you can lose a lot too. But for the long term investors volatility is irrelevant.

Its just common sense and if we do talk about stability then its better to deal with fiat or stable coins but we know the cons of it which it would be less for you to make money or profits.
One of the things on why people do love to invest on something which does have potential on making profits via those movements and this is where people do get interested.