Does the volatility of cryptocurrency worry you?

[MercySmith]

The volatility of crypto currency is the major reason why a lot of profit is being made in crypto currency. The major concern should be knowing when to trade or invest.

 

[btaliat]

Volatility of cryptocurrencies makes it unique to trade with. And even someone that can make use of this volatility will sell enough money because he will know when to buy and even sell coins.

 

[Ayokex]

I have to tell the truth here, anytime I have an active cryptocurrency trade, every movement of the traded coin always makes me feel agitated and anxious. Sometimes I just had to exit the the platform so as to clear my mind.

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.

 

[tyrim88]

sometimes it gives one some course of concern,as in cryptocurency there is no central control and regulation,which can make the prices to fluctuate as will and this instability can make one loss some huge amount of cash.

 

[Nomad]

I am a long term investor. I invest on crypto currencies with an aim to hold it for 4-5 years. I believe ultimately the pice will go high. Therefore, volatility does not worry me

 

[Eodine]

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.

Well, are you worried now that crypto currency is in the dip and it looks like it is going to be so for some time more but it would definately rise and get profitable again.

 

[Richard92]

The volatile of cryptocurrency worry me more because it is of a great disadvantage to its advantage the decentralization of the market of cryptocurrency has made many country not to buy the idea

 

[Eodine]

Fiat money? In the sense that the crypto currencies we have now like bitcoin, eth, etc will fade away? One should better stick with investment plan then and invest only what one can afford to loose to prevent huge loss.

 

[btaliat]

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.

It should not even worry an avid cryptocurrencies user because the main feature of a digitalized coin is ability to be volatile. We only need to use stop limit or covert to stable coins to reduce the loss

 

[Nomad]

The primary reason behind the volatility of crypto currency is its decentralized operation. Since it is decentralized, it is controlled by none, which is why the price fluctuates.

 

[tyrim88]

The voliatility of the cryptocurency is given one cuse of concern,as whenthe price fluctuate and the market is not in your favour you will loss some of your value asset,but on the other hand if its value goes up you gain.But like you said its always good to invest what you can loss.

 

[GIFTMICHAEL]

It doesn't worry me much, eben if it do worries me especially now that the market is draining down. I trade or invest in what i can afford to risk.

 

[IamDozzy]

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.

Yes, it's very advisable for people to invest what they can afford to lose that way cryptocurrency would be fun to them and they'd be free from the worries of volatility.

 

[BTCBEE]

Yes, it's very advisable for people to invest what they can afford to lose that way cryptocurrency would be fun to them and they'd be free from the worries of volatility.

agreed with you and people are thinking more to invest in bitcoin and other cryptocurrencies because bitcoin has been reached on high value and its attracts people to invest in bitcoin.

 

[ahmedo24]

agreed with you and people are thinking more to invest in bitcoin and other cryptocurrencies because bitcoin has been reached on high value and its attracts people to invest in bitcoin.

Actually Bitcoin hasn't reached that peak value based on analyst prediction but it has reached a point where the increase in price won't be as fast as the smaller coins growing currently, so small Investors won't make substantial profit from it.

 

[Setfragil]

I don't really worry about the volatility of cryptocurrency, it is actually the reason why I invested in cryptocurrency. If you invest for a short term you might be scared of what will become the outcome of your investment in case there is a bearish run.

 

[Snazzy001]

The volatility of cryptocurrencies worries me a lot. Imagine yourself investing into cryptocurrency and you wake up one day just to realise that the money you invested has gone down the drain

 

[Delight]

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.

I like it ,you're just like me,the volatility of cryptocurrency do not affect me in any way because I just consider that a cryptocurrency that has the possibility of making you to be rich should have the highest volatility.

 

[Aaron625]

Volatility of crypto actually gives me opportunity to buy or sell the coins at right time. Volatility is important to make the profits from crypto trading. Buy at dip and sell at rise , as simple as that.

 

[Alexandoy]

I think it is good for the trading market if the price of the crypto is volatile. However, the ideal volatility is the up and down of the prices. But if the bear is around for so long like what is happening now then the market can dry up with no buyers while the sellers are stagnating with their holdings.