Post
Topic
Board Economics
Re: How can we end the *VOLATILITY OF BITCOIN*
by
Sayeds56
on 29/01/2023, 04:55:04 UTC


Volatility of Bitcoin is a gift for those who know how to manage risk. Acquiring technical skills and learning to use risk management tools can help you to take advantage of this volatility and make a potential profit. I understand that Bitcoin volatility will not last for ever and eventually decrease, as  crypto currencies market matures and its marketcap surpasses 5 Trillion dollars, then it won't be easy for whales to manipulate this market. DYOR

Volatility in a currency is never "a gift". If you say that it will show that you are simply in bitcoin for some small term gains in fiat money. Bitcoin should be used as a secondary monetary system and not for using volatility as a profit solution.

I mean volatility is a gift for those professional traders & regularly trade Bitcoin for profit, not for  HOLDers, who have a long-term perspective and a clear investment strategy when investing in Bitcoin, and  firmly believe that Bitcoin, as a decentralized digital currency, has the potential to serve as a secondary monetary system and a store of value.