Quote from: Ben Barubal on November 13, 2023, 08:51:06 AM

Quote from: Bitcoinpoly on November 03, 2023, 02:48:12 PM

The crypto market has a high level of volatility. Anyone who is about to make an investment needs to have a good understanding of the volatile market. Now the question is, even with volatility, will you still choose to make your investment in fiat through bank savings with regular monthly interests or rather make your investments in crypto where you hold your asset and still have the opportunity to save and make monthly interest?

To others who understand Bitcoin or cryptocurrency, most who have a deep and extensive knowledge of it actually profit from volatility; did you know that? I think you don't know that, and you are not aware of my opinion.

But it cannot be denied that because of the volatility, many people are disappointed in Bitcoin because the market is too unpredictable, so many of their capital assets also end up in losses.

Base on your take, it’s important to understand that emotions such as greed, fear, confidence is very essential to take cognizance of as a crypto trader or investor. When volatility happens the fact that you’re scared can make you sell at loss. Also there is a need to have good entry strategy, you need to have a good understanding of the market to do that, you should equally make use of available tools at your disposal like DCA or you can use Bitget smart portfolio.