It sounded smart a decade ago when CEOs were mentioning this argument of 'too volatile for my liking', but it turned out to be extremely stupid looking now when you realize that even if a billionaire put 0.1 percent of a billion in Bitcoin, which is nothing to them, they would have a considerable profit by now.
Many of them throw money at luxurious cars, villas as large as malls with dozens of rooms nobody ever lives in, prostitutes, gambling et cetera and then they say Bitcoin is too volatile so it deserves no money to be thrown at. It sounds dubious. Almost as if they do not want to see a project succeeding when is meant to offer an alternative to the system built by and for billionaires.
When these CEOs and financially equipped elites were arguing that Bitcoin was "too volatile for their liking" then, they were making those statements from a place of ignorant. They didn't have a full knowledge of how volatility works. They weren't informed enough to know that Bitcoin volatility greatly reward investors who had enough financial strength to invest their money for a long-term purpose. The truth is if they had known about this, they would've definitely invested since it would've significantly improved the value of their assets by now.
The truth is that even till date, some people still do not not know that volatility actually works in our favour — that's what inspired the development of this thread. I believe this topic will help reveal the positive effects of Bitcoin volatility to investors and give them the required knowledge to make the best out of it. Though the value of Bitcoin have significantly increased over the years but Bitcoin still possess even more potentials to record more value increment in the near future so it's not late to learn about Bitcoin volatility now.