Despite its risks, some people see Bitcoin as a hedge against traditional financial systems and view its volatility as a necessary part of its growth and maturation as an asset. 🤑🤑🤑🤑🤑🤑
Interestingly, the volatility of Bitcoin affects the entire crypto market as a whole. When Bitcoin experiences large price swings, it can have a ripple effect on other cryptocurrencies, leading to similar volatility in the broader market. This can make it difficult for investors to make informed decisions, as they are unable to predict the direction of the market with certainty. 🧚🧚🧚🧚
There are probabilities, pros, and cons to Bitcoin volatility. there must be some considerations and analysis of why someone loves the volatility and someone hates this so much. There are also some cases where people also don't care about volatility. In fact, we must know how exactly to utilize Bitcoin volatility in order to make good advantages. volatility can be utilized to make some profits in trading or short-term investment. But people will feel panic every time high volatility moreover the newbies
On the time that you had stepped your foot into this venture or market then you should have make yourself that prepared for those pros and con because this would be the primary thing that you would be facing up.
Just like on what others been saying which movement of price is something that could bring and lose your money and this is why you should really make yourself be aware and accept for whatever things you would be
able to encounter along the way.This would be survival of the fittest and the best investors or traders which buying low and selling high might sound so simply but this is something that you cant
really be able to avoid because this is how this thing or market works and behaves.You would need to face it if you would like to sustain.