Quote from: TheSpiral on Today at 10:28:21 AM

Quote from: Yamifoud on September 10, 2023, 12:36:08 PM

Most of the time we think that we can predict the price right neglecting how the volatility of the market affects the price and possibly changes the trend. Indeed, the best thing to do is to buy at a cheaper price and hold, the wait for the price to rise before selling. But what we usually do after buying Bitcoin, we already think about making a profit right away but if we fail, we then also think it is a scam and worthless investment. In many cases this happens to us, some people have already learned from it while some have not.

Bitcoin is so volatile that we cannot make sudden decision in an hour or a day as the price regularly fluctuates in an hour so if we make a wrong decision then this will be our bad luck. By knowing everything that how market goes down and ups if we make wrong step then it's our fault and not a fault of market Fluctuations.

Make sure that you can buy bitcoin at a price which is lower and then whenever you get the reward then there will be always two option first is to wait more and second is to take the profit and then again try to wait for next dip to buy once again.

There are many different factors that we should also consider because there are times when the volatility often depends on the happening news about Bitcoin or related to cryptocurrency. That's why Bitcoin is called a volatile asset.

But from another angle, this volatility of Bitcoin helps other holders in their actual trade as well, especially if they are scalpers. Although it is difficult to do, it is actually quite complicated. But that's it; of course traders hold their prediction analysis, although we all know that no one knows what will happen tomorrow or in the future.

Still, always know how to take the risk, when we do trade in the actual exchange site platform here.