Quote from: panganib999 on March 01, 2023, 08:11:22 PM

Quote from: Victorybit1 on February 26, 2023, 09:11:36 PM

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?

I think the volatility as it stands today does more good than bad for bitcoin. I mean it literally is the reason why huge percentage of profits are gained by a majority of people in a relatively short span of time, at least compared to other forms of investment. As of now, it is also the main driving force that leads people to invest in bitcoin, so I think until we find good monetary use for bitcoin besides being a store of value, we should keep it as it is and not incorporate changes that may mess it up in the future.

Yes, most people invest in bitcoin not because it is decentralized or anonymous but because of its volatility. So if the volatility of bitcoin goes away, I think many people will leave the market. Honestly, in recent years bitcoin has gotten bigger, and its volatility has decreased a lot. That is also the reason many newcomers do not want to invest in bitcoin but only look to altcoins, they accept risks to receive large profits. I really hope bitcoin will keep its volatility, I like such volatility because I can make a big profit. If bitcoin is no longer volatile, I will find another investment instead.