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One thing that makes the cryptocurency trading voliatile is the uniqueness in the trading of its currency.And this is what makes it a good selling point.But i am not borderd about the volaitilty because of the approach one use in the trading of its market.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.
Nice strategy Alexander. I think most guys put too much dependency on crypto, that is why they are always worked up when the dip happensDoes 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.
That is the spirit it is only people are very new into cryptocurrency trading or Investments are easily carried away or disturbed by the wave of flauctuation in the market.Most times, I don't really bother about the volatility of cryptocurrencies because I'm no longer new to cryptocurrencies unlike what newbies feel whenever the prices drops too much.
I stopped getting myself involved in cryptocurrency because of its volatility. I still love the concept, and I still love to accept money in cryptocurrency, but I don't see it taking the center stage of exchange anytime soon. It's pricing is still dependent on the major players. Once this is taken care of, even governments will adopt itDoes 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.
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.
The volatility in the crypto currency always worries me back then when in started trading in crypto currency, but right now i understand that the volatility is what makes the coin goes up and down.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.