Does the volatility of cryptocurrency worry you?

[Niftyyem]

The volatility of cryptocurrencies is one of its best features. At the time of its highs, one can easily take some profits and keep them in stable coins.

 

[Senator]

As at the time before transacting it doesn't, but when the time comes for me to transsact live with my coins it does make me afraid. Of it shoots to far about the time i traded, I migt lose

 

[Kunkun]

The volatility doesn't and shouldn't bother investors because that's the point of crypto, it goes up and goes down. Short term traders depends on volatility so it shouldn't be a problem really

 

[Dubai]

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.

The volatility should not worry those that have invested little in cryptocurrencies, however, they stand to gain more than they stand to lose should in case, it goes crashing to a low values. I am not particularly worried about the fluctuations other than it makes it harder for new investors to join come on board when the respective values of the crypto are on the high side.

 

[Kingsley]

Of course, it is a big deal to be worried about the vitality of crytocurrency because someone can just lose all one's life savings no time just as it is easy to gain too. But since crytocurrency is becoming the global currency as many people are saying, I think we should worry less about it.

 

[Setfragil]

One needs to be worried on the volatility of cryptocurrencies because you can loose so much money in just hours of your investment. One can also make massive profits overnight without any effort than just having it in your wallet.

 

[Abbeyola]

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.

To some extent the volatility of digital currency worries me, especially when I have a cryptocurrency in my wallet, and the value keeps dropping.

 

[Josephjossy]

In anything crypto currency, don't ever invest how much you can't afford to lose. There is high risk of losing money in crypto investment. You need to invest how much you can afford to lose. Don't invest your lifetime saving, cause the price of the crypto currency may go down. It is unpredictable

 

[Ayokex]

To those who hold cryptocurrency for long time thin may be a serious issue for them but for someone like me who is a short trader, volatility is the joy of the market.

 

[Hopey]

I have not been more scared about crypto as i am now. I made some trade on some coins and i really need them to rise cos i want to use the money for something

 

[Ziki]

I feel the volatility of crypto currency is how people make profit and loss. Knowing the right time to invest or trade is the most important thing

 

[Justin]

I am not yet deeply involved with crypto currency. I have little funds and it does not matter until the value goes too low that my currency value will be zero or goes too high that I cna buy a car.

 

[Anna52]

The volatility of crypto currency really does affect me a lot because I can't just affect to loose, I but in all I have on my crypto and I pray each day that I don't experience loss.

 

[Ayokex]

There is absolutely no cryptocurrency short trader that will not be worried by the volatility especially when he/she has trade on. The market holders may have little or not worry about the cryptocurrency volatility because they already have their target.

 

[Grant]

I feel the volatility of crypto currency is how people make profit and loss. Knowing the right time to invest or trade is the most important thing

That's the thing though, sometimes it's not easy to pinpoint when to invest. As well, there's always a chance the profit never comes. We don't know if any cryptocurrency will be around for long, if it goes away, so does your investment.

 

[Setfragil]

To those who hold cryptocurrency for long time thin may be a serious issue for them but for someone like me who is a short trader, volatility is the joy of the market.

There is no investors that will not worry about the volatility nature of cryptocurrencies as a slight change in price can put a huge hole the their investments. Anyone that wants to invest in cryptocurrency should be mindful of the amounts they invest in it.

 

[Cash%]

The volatility of crypto currency worries me a lot. Because when i want to trade crypto currency and the price started falling i take caution and prepare my trade very well

 

[BrolySSJ]

To be honest, as much as i do not invest much, it does worry me because as a student, every little counts to me and losing a few dollars to me is quite a big deal and this is very worrisome when the price changes drastically. Therefore, now i am trying to be more level-headed with my trading in order to not worry as much.

 

[Senator]

This is the point during the trading process in cryptocurrency that gets one to become agitated sometimes. If you get the timing to do that trade wrong, your capital I going to be aftexted nagatively

 

[Ayokex]

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.

I don't think there is any true cryptocurrency trader especially the small and short traders that will not be moved by the volatility of cryptocurrency. Even though, volatility in cryptocurrency trading is an avenue to make profit but yet it can still the cause of someone loss.