The price of Bitcoin in the last two months have significantly increased and even when we've also experienced some little negative movement in price, there's no doubting the fact that the current price is still a shock to many. Considering the current price and volatility rate of the mother coin, is this a call for more investors to embrace Bitcoin and invest hugely or a time for existing investors to be worried about a possible significant bearish run in the nearest future?
Volatility has always been a feature of Bitcoin, it isnt all negative, for example for
trading volatility offers great potential. Once we become more familiar with
the Bitcoin market volatility it becomes less important.
So because volatility has always been there and adoption has grown, both will continue.
Bitcoin is not controlled, its decentralised, it can be traded 24/7/365 by anyone
with
BTC0.005 to
BTC500 so this fact feeds into the volatility. Isnt it great that
this can happen?
Those who see the advantage of bitcoin’s volatility will definitely embrace and trust bitcoin, but for those who are still in doubt and fears that after they have invested into bitcoin, its price will gradually fall down, don’t worry bitcoin won’t easily drop too far, and if ever it is, eventually the price will recover soon.
Volatility is not here as a trap, but it what makes bitcoin even more interesting. It’s just that some may misinterpret it and treat it as a barrier, rather than having it as an edge.
the Gold market with its small percentage swings.
Bear market/going to zero. I guess these are the people who will be in constant
fear with every little Bitcoin market correction and may never be at peace.