Some people get scared by the volatility though, especially those who are trading which is buying with the plans of selling within a short time, so they tend to be worried about the volatile nature of cryptocurrency which makes it possible for the price to jump a wide range within a short time. Long term holders may not worry so much about the volatility though because their plan is to hold for a long time so any entry point is fine by them.
The traders wey dey fear for the volatility of the market why? abi them no know say na so the market be before they begin they trade?
The traders wey the fear na backyard traders wey them being and them no learn but just think say they can do better than those trading already and just begin they trade themselves.
Me I dey always talk say the volatility of the market isn't a flaw but an advantage to those with the right mindset and knowledge.
People they use this volatility make better money whether na by investing or by trading, anyone go work if you use the times when the market dey down to buy Bitcoin or although crypto of your chosen
Everything na your mentality sha because in all conditions of the market, e get people wey they make money, nobi say the money they come always but e no get when them no go make better money to use guide untill the next time wey them wan run am again whether na trading or through investing.