I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally, I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Why I have been scared to invest in anywhereA friend of mine decided to invest in real estate because he was so sure that the business will not result to losses of capital
He told me that real estate does not depreciate and there is not much risk in it. And that is correct to the best of my knowledge about real estate.
After he assembled his money, a group of real estate agents went to a Virgin land that lead to nowhere and cleared the bush with sophisticated machines with the promise that government is coming to develop that area.
And led people to buy lands in that area at very expensive prices after purchasing the land the sophisticated machines were moved out and till date that place leads to nowhere and does not appreciate.
No place 100% safe.