Quote from: Crypto Library on January 04, 2024, 01:53:44 PM

Quote from: Games.Bitcoin on December 30, 2023, 03:53:54 PM

I think promoting Bitcoin stability is partly a matter of avoiding the Alcoin crisis, major changes in cryptocurrency activity, high inflation and excessive volatility, and the Alcoin market. Volatility can increase uncertainty, hinder investment, hinder growth in Alcocent.
What is your opinion?

Firstly Bitcoin is not a stable coin so there is no question that we will see stability in Bitcoin. And I also think that the volatility of Bitcoin is the power of Bitcoin. Without Volatilities I think there will be no difference between Bitcoin and fiat currency. Moreover, because of these volatilities, it is possible to get high profit from Bitcoin, that is, trading is going on. I don't think profit could be gained by trading if bitcoin goes to stability.
I personally don't think we will ever see stability in bitcoin, maybe we will see stable for a while in a certain range but ultimately there will always be high volatilities in bitcoin. So if you want to invest in Bitcoin, you have to trade keeping this volatility in mind.

I don't think you are getting the OP correctly, although he poorly explained it but didn't mean the kind of instability you mean. What I believe the OP refers to is the avoidance of the excessive movements that will be scary to the point of discouraging people from owning and holding Bitcoin with peace of mind. I mean seeing Bitcoin at $40,000 for example today, and in the next 2 months seeing it at about $25,000, that is the concern of the OP which makes so much sense to me.

The stability of any asset is good and can make it encouraging, yet it doesn't mean that there will not be volatility or trading opportunnities, but it will be within some reasonable confines in such a way that the investor's confidence will not be killed with to the market behaviour. And of course, Bitcoin has it more than all other altcoins already, though it can do better.