Does the volatility of cryptocurrency worry you?

[Deleted member 403]

Does the volatility of cryptocurrency worry you? It doesn’t worry me as I always invest what I can only afford to lose. It’s the number one rule in investing. However, there is a possibility that we could see fiat money fade away in the distance over the years. This is where Stable Coins like Tether (USDT) come in, that are pegged to a central currency but still allow the decentralised control.

 

[Good-Person]

Cryptocurrencies are not volatile and this worries me because I always wanted to store my money in cryptocurrency wallets, so I would be commenting here from the perspective of a person who wants to store his money in cryptocurrency wallets. This is because I do not trust online payment processors when it comes to storing money. Since cryptocurrencies are volatile, I might lose and suffer a loss if the value of my stored currency drops, so yes, I do worry about volatility of cryptocurrency.

 

[Sotherefore]

cryptocurrency trading is a little but to me it does not worry me because I understand some simple trading strategy that is why I do not care about it and I'm always confident in the truth I enter because I do not lose so much in any trade. With good strategy it will not bother you.

 

[Good-Person]

cryptocurrency trading is a little but to me it does not worry me because I understand some simple trading strategy that is why I do not care about it and I'm always confident in the truth I enter because I do not lose so much in any trade. With good strategy it will not bother you.

So you mean you are good at predicting the price of cryptocurrency coins? Cryptocurrency trading is all about making the right investment at the right time. However, you may also suffer from loss as cryptocurrencies are volatile. All cryptocurrency traders face loss at some point when they trade coins.

 

[mubinadaddy]

Yes it does worry me a little bit back then when I was learning how cryptocurrency really work but now am not bothered anymore, like you said invest what you can afford to lose. But sometimes coin that you expect to boom after you have dyor thoroughly and the coin now fall it so painful.

 

[GoldenLady]

Actually, the volatility is cryptocurrency is it's min attractive feature for me.
It's interesting and unpredictable, makes me look forward to the next swing.

I also never invest more than I can afford to lose, and somehow, with the Big B, it's almost sure that one won't lose.

 

[Ub40]

If you ask me, volatility could be a blessing and could also be a course. It can be a blessing when the price change is in your favor and can be a course when the price change doesn't favor you. So it can be something to worry about and can also turn out to be something not to worry about. Just my little view on this matter.

 

[unhappy triad]

The volatile nature kind of makes the market unique. You have a good chance of earning a lot if you understand it and another chance of making huge loss. Even experienced investors aren't left out. I guess everyone should be worried about it.

 

[Good-Person]

If you ask me, volatility could be a blessing and could also be a course. It can be a blessing when the price change is in your favor and can be a course when the price change doesn't favor you. So it can be something to worry about and can also turn out to be something not to worry about. Just my little view on this matter.

Apart from volatility of cryptocurrency, the second most worrisome thing about cryptocurrency is its very high fees. usually when the price of cryptocurrency increases, the fees of the cryptocurrency also increases. One clear example is of Bitcoin. I mean just look how insane its fees is!

 

[Monster Masterpiece]

Cryptocurrency volaitility doesn't worry be because I exchange received payment in Payeer into USD or RUB after getting paid by any altcoin available at deposit address provided by payeer and exchange in payeer.

 

[Sotherefore]

So you mean you are good at predicting the price of cryptocurrency coins? Cryptocurrency trading is all about making the right investment at the right time. However, you may also suffer from loss as cryptocurrencies are volatile. All cryptocurrency traders face loss at some point when they trade coins.

I'm not perfect at predicting the volatile markets but at least I always know the right time to enter a trade to minimise my loss that is why I hardly lose in most of my trade because I make sure that I analyse the market very well before I enter

 

[Good-Person]

I'm not perfect at predicting the volatile markets but at least I always know the right time to enter a trade to minimise my loss that is why I hardly lose in most of my trade because I make sure that I analyse the market very well before I enter

Can you please share some tips and tricks on how to properly invest in the cryptocurrency market? I have always been planning to invest in the cryptocurrency. However, I always have a fear of loss. Do you use cryptocurrency platforms like Binance?

 

[Zevin]

The volatility of cryptocurrency does not worry me much because I am not investing or trading cryptocurrencies. I use cryptos mainly for paying for goods or services, or sending and receiving payment. If I was trading cryptos or investing on cryptos, price fluctuations would have worried me much.

 

[MRizwan530]

Does the volatility of cryptocurrency worry you? It doesn’t worry me as I always invest what I can only afford to lose. It’s the number one rule in investing. However, there is a possibility that we could see fiat money fade away in the distance over the years. This is where Stable Coins like Tether (USDT) come in, that are pegged to a central currency but still allow the decentralised control.

Well I am not worried about it because I have seen a lot of people are investing in cryptocurrency who are millionaire and you know Elon musk have also invested in Bitcoin so I don't think there is any issue in validity of cryptocurrency.

 

[Dowenship]

Does the volatility of cryptocurrency worry you? It doesn’t worry me as I always invest what I can only afford to lose. It’s the number one rule in investing. However, there is a possibility that we could see fiat money fade away in the distance over the years. This is where Stable Coins like Tether (USDT) come in, that are pegged to a central currency but still allow the decentralised control.

If the votality is not there, i don't think forex as a whole will be regarded as a career! You know what i mean! But like you said stable coins are there to balance the equation of all altcoin which is really good in controlling decentralisation

 

[Blessedsam60]

The volatility worries a lot. Imagine someone that just bought 0.2 bitcoin some days back and has never visited his or her wallet. Now the value has reduced by 2/6 of the initial value. But it profits too when we have the multiple growing of our coins.

 

[Ralphjoe]

I am not worried about the volatility of cryptocurrencies instead I am quite enthusiastic about it because it is the volatility of this cryptocurrencies that make it quite profitable to invest on them as their prices can increase in value within a very short time and so therefore making profit on them is quite easy.

 

[FreshKaz11]

Does the volatility of cryptocurrency worry you? It doesn’t worry me as I always invest what I can only afford to lose. It’s the number one rule in investing. However, there is a possibility that we could see fiat money fade away in the distance over the years. This is where Stable Coins like Tether (USDT) come in, that are pegged to a central currency but still allow the decentralised control.

If said it all I guess,is like we both think I'm this same way and direction. Since have lost a huge amount of money that almost made me depress then. But with God and my family and friends I came out of it. Ever since I have promise my self to always invest in any investment thee kind of money I know it won't affect me in anyway if loose it. So I will advice everyone to always stick to that,never invest all your hard earnings on any investment out here online.
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Does the volatility of cryptocurrency worry you? It doesn’t worry me as I always invest what I can only afford to lose. It’s the number one rule in investing. However, there is a possibility that we could see fiat money fade away in the distance over the years. This is where Stable Coins like Tether (USDT) come in, that are pegged to a central currency but still allow the decentralised control.

If said it all I guess,is like we both think I'm this same way and direction. Since have lost a huge amount of money that almost made me depress then. But with God and my family and friends I came out of it. Ever since I have promise my self to always invest in any investment thee kind of money I know it won't affect me in anyway if loose it. So I will advice everyone to always stick to that,never invest all your hard earnings on any investment out here online.

 

[Sotherefore]

Yes I use banners in nose of my trading

Can you please share some tips and tricks on how to properly invest in the cryptocurrency market? I have always been planning to invest in the cryptocurrency. However, I always have a fear of loss. Do you use cryptocurrency platforms like Binance?

Yes I use binance in most of my trading,the training of how to invest in cryptocurrency does not require huge training, you just need to buy a cryptocurrencies on binance, trading is the most difficult of it all.
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Yes I use banners in nose of my trading

Can you please share some tips and tricks on how to properly invest in the cryptocurrency market? I have always been planning to invest in the cryptocurrency. However, I always have a fear of loss. Do you use cryptocurrency platforms like Binance?

Yes I use binance in most of my trading,the training of how to invest in cryptocurrency does not require huge training, you just need to buy a cryptocurrencies on binance, trading is the most difficult of it all.

 

[Sammyesx]

Volatility is very important to crypto trader, it is as a result of the volatility of crypto currency that makes it possible for trader to make profit and subsequently run into loss, whichever the case may be.