Quote from: Falconer on June 14, 2024, 06:59:02 PM

Quote from: Barikui1 on June 14, 2024, 05:46:09 PM

Quote from: adultcrypto on June 13, 2024, 07:41:44 PM

-snip-

Try to understand my point bro, Bitcoin as an asset has it own risk just as every other investment no doubt, but why I say that we shouldn't be worried about it volatility is that, due to the high potential of Bitcoin, and his historical record of how it has always rally back to a better height even when encountering setbacks, it has proven over and over again that it's not an asset that stays down for far too long, and it has earned the trust of most investors around the world, and as it stands now, it's more likely for Bitcoin to rise to one million dollars than falling to zero.

That's why i believe that the volatility attach to Bitcoin is actually a blessing, because those people that bought Bitcoin at 30k early last year will definitely be in a huge profit now, because due to it volatility, it has risen upward to their favour, so in essence is that, as long as it's Bitcoin, it's volatility is actually a blessing because it's more likely to rise further than going down as most shit coin does.

Learn from the past and learn how bitcoin price volatility can give you huge profits in the long run. Price volatility should not make you change your initial investment plan into a vacuum because of a momentary loss. Ignore your losses now and continue with a good investment strategy especially in building a portfolio. Buy when you see a dip especially when you have money, hold and wait for this volatility to give you returns.

Bitcoin's volatility is continuously lowering. It is much less volatile today than a few years ago. And a few years ago it was much less volatile than it was a few years before that. A few years from today it will be less volatile than it is now.

Volatility naturally goes down as its value grows because it gets harder to move the price. And also because there are fewer dollars that will come in to change the price. If we pretend there will eventually be 10 trillion dollars that will be in Bitcoin, a 1 trillion dollars there is less outstanding money than at 1 billion dollars so less money will come in to change the price. So when most of the people in the world who want Bitcoin already have bitcoin volatility will be far lower not just because there will be so much more money in it so it'll be harder to move, but because there won't be huge pumps and dumps of people coming in and going out of the market.

It will of course never be stable, as nothing with a free market is stable, but its volatility will continuously go lower and lower over time as has already happened throughout Bitcoin's price history. Even today its much easier to trade altcoins rather than Bitcoin because Bitcoin's volatility is far lower than it used to be while altcoins are tiny market caps that are essentially 100% speculation and so they maintain very high volatility.

People who say Bitcoin is risky because it is volatile are either only interested in short term trading/investing or they don't understand the difference between volatility and risk and they are likely just repeating what they heard other people say who also don't understand the difference.