Quote from: hyudien on Today at 12:10:10 PM

Quote from: Marykeller on Today at 11:35:13 AM

Talking about losing hope, some people have lost hope in Bitcoin because of its volatility. They entered the Bitcoin market with the wrong knowledge that Bitcoin would make them rich in the short term, but they saw the opposite "losses''. Because of that, they had to sell their Bitcoin at a loss, not ready to trust Bitcoin again.

It's unfortunate that Many newbies are not equipped with the right knowledge of Bitcoin. They were only told the good side of Bitcoin, to make them rich. If in the long run, they didn't see such a thing, what do you expect, is it not for them to lose hope on Bitcoin investment?

Volatility in bitcoin assets is like a double-edged sword if someone is not knowledgeable about it then it is like a disaster for their investment besides those who are beginners are more trapped in the euphoria of being able to get quick profits even though that is not how bitcoin works, this asset is for the long term therefore indeed many beginners no longer trust bitcoin because they misunderstand how it works. A common mistake in investing is not using all credible sources for the advancement of their knowledge even though it is currently very easy to find wise ways to invest in bitcoin.

Without volatility, we wouldn't of celebrated so many milestones reached regarding how far BTC has come - and it probably wouldn't of interested institutions without the progress it made to this point. So, yeah, it's okay that it's there - we just need to utilize it correctly.