Quote from: Zilon on Today at 08:25:34 PM

Quote from: PhilixCrpt on January 29, 2023, 01:12:43 PM

Truthfully, Bitcoin has a high volatility rate, this implies that the price of Bitcoin can either go up or come down at anytime and this is caused by different reasons, which includes wrong investment decision, investor sentiment, swift regulatory swap, frequency in market liquidity. As a market that is not centralized with unregulated currency and wrong speculation, Bitcoin becomes highly volatile in the market space.🤑🤑🤑

OP i think you need to review this. Truthfully , Bitcoin has high volatility rate has you mentioned but it's volatility has nothing to do with wrong investment decision because the market will do will obey other factors mentioned no matter the decision of the investor, Wrong speculations as well is only at the risk of the speculators and does that invest with it.

Volatility is high not only in bitcoin but in all cryptocurrencies and it becomes quite a risk to invest if you are not prepared with everything. Some of the factors that influence volatility are sector and industry factors, economic and political factors, news, and some good crypto company performance.
Another term for volatility is market mood, because high or low levels of volatility can affect price movements in the market. The higher the value, the faster the movement or change