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.
Totally basing up into someones plans or targets about their Bitcoin investment on which there are those who are aiming for long term approach and there are ones who are really that aiming for short term. Thing here is that you do really know on what you should gonna do whenever the price do make out corrections. Usualyl people do freak out at the time or moment that you do see the price is really that making up some correction, specially news bi who do really believs that the market will really be having that continous price upwards on which we know that this cant really be that possible. There's always that retracement or correction on which its something that we do need up to consider specially into those people who are really that making up some short term approach. When you are really that dealing up with this volatile space then of course you are that really needing up that kind of perseverance and sustain in speaking about moving forward. You will be the ones that making out adjustment whatever the market volatilty wil really be having. You cant really just that make yourself having that kind of anticipation and fixating into something which isnt happening.