Quote from: Negotiation on Today at 04:08:31 AM

Quote from: Ever-young on Today at 02:14:14 AM

Even if bitcoin gains popularity in the long run and in future, price will still keeps on fluctuating it’s something that is unstoppable it’s the nature of bitcoin, price can only rise above what it is right now and get to another level but that won’t stop it from coming down below that level and also struggling to go back up again, bitcoin is volatile and being volatile means price won’t be at a place or only be moving up all the time.

Bitcoin's price volatility causes its value to increase and investors to profit this volatility creates risks for investors but at the same time it also has the potential for high profits. With the improvement of blockchain technology and the increasing use of cryptocurrencies the demand for bitcoin is increasing and it is becoming more popular in online transactions. Bitcoin is being seen as a digital gold like asset which can be used as a safe haven during the depreciation of other currencies or during economic crises.

Bitcoin is volatile in nature which means the price go up and it also comes down not a one way forward something, seeing it as safe heaven for other currency devaluation you might also get your money reduce, if you buy bitcoin and don’t hold it for long and price also happen to fall below what you bought it, and your currency devalued you might sell that bitcoin you bought and still fall under the same category of those who just hold fiat, inflation affects everything Bitcoin is not entirely immune to it.