Is volatility a must-have in the cryptocurrency market?

[Ralphjoe]

Is volatility a must-have in the cryptocurrency market? Besides stable coins, is there any possibility of having a coin that doesn't fluctuate and keep a stable value? It's something that I'm curious about but never got around to asking. I'm not overly tech-savvy when it comes to blockchain.

https://www.beermoneyforum.com/forums/crypto-currencies.6/post-thread

Cryptocurrency just happened to be a volatile currency is not a mandatory characteristics of a cryptocurrency because they are also stable coins that are not volatile in nature.

 

[Aaron625]

Except the stablecoins , I dont think there is any other crypto which doesnt fluctuate. Crypto is volatile and that is why its tradable and profitable. People buy at low and sell at high , may it be any crypto except stablecoins.

 

[BTCBEE]

Is volatility a must-have in the cryptocurrency market? Besides stable coins, is there any possibility of having a coin that doesn't fluctuate and keep a stable value? It's something that I'm curious about but never got around to asking. I'm not overly tech-savvy when it comes to blockchain.

https://www.beermoneyforum.com/forums/crypto-currencies.6/post-thread

i don't think that a coin having good value and are growing so we will see a good fluctuation in its value and it's a good sign for all investors. fluctuation is a must for growing.

 

[IamDozzy]

Every commodity both online and offline are volatile except those that are meant to be fixed or stable regardless. The forces of buying and selling is the factor behind volatility, if that force must continue to exist volatility can't be avoided in Crypto currencies.

I strongly agree with you, commodities that are used for buying and selling are usually volatile because of either a drop in demand and increase in supply or vice versa. This also affects cryptocurrency.

 

[ahmedo24]

I strongly agree with you, commodities that are used for buying and selling are usually volatile because of either a drop in demand and increase in supply or vice versa. This also affects cryptocurrency.

The only difference is that cryptocurrencies are digital and decentralized compare to traditional buying and selling of commodities. The world is going digital so it a fact we must stay glued to.

 

[Good-Person]

I think there are both disadvantages and advantages of volatility in crypto world. We can earn money when the value increases and we may lose when value decreases. Whenever the value decreases, we can buy crypto and sell when the value increases. This makes crypto market flexible.

 

[Ralphjoe]

I think there are both disadvantages and advantages of volatility in crypto world. We can earn money when the value increases and we may lose when value decreases. Whenever the value decreases, we can buy crypto and sell when the value increases. This makes crypto market flexible.

I agree with you that the advantages of the volatility of cryptocurrency happens to be that it can be traded but the disadvantage is that it cannot be used as a payment currency.

 

[Good-Person]

I agree with you that the advantages of the volatility of cryptocurrency happens to be that it can be traded but the disadvantage is that it cannot be used as a payment currency.

I do not agree. The fluctuation of price of cryptocurrencies do not affect the cryptos as payment method. There are many sites that have been paying in cryptocurrencies even after the crypto market fluctuation that happened recently a few days ago.

 

[Setfragil]

Volatility is a must in cryptocurrency. The main reason why people invest in cryptocurrency is it volatility nature because it can either fall in value or tremendously increase in market price in days and that is where people makes there money.

 

[Ralphjoe]

I do not agree. The fluctuation of price of cryptocurrencies do not affect the cryptos as payment method. There are many sites that have been paying in cryptocurrencies even after the crypto market fluctuation that happened recently a few days ago.

The thing is that the fluctuation of the price of cryptocurrency affects most people's decision to either use the cryptocurrency as a medium of payment or not being that someone may purchase an item using cryptocurrency and after that purchase the value of the cryptocurrency will reduce their by leading to big loss on the part of the seller of that commodity.

 

[Good-Person]

The thing is that the fluctuation of the price of cryptocurrency affects most people's decision to either use the cryptocurrency as a medium of payment or not being that someone may purchase an item using cryptocurrency and after that purchase the value of the cryptocurrency will reduce their by leading to big loss on the part of the seller of that commodity.

The solution to this problem is to convert your cryptocurrencies to fiat currencies or through payment processors. I always convert my cryptocurrencies immediately whenever I receive my payments through cryptocurrencies and this why I avoid loss.

 

[Kunkun]

Definitely unless it's a stable coin other than that the volatility of coins is major indicator for investors and it's also the reason it's a good long term investment option

 

[Richard92]

The Votality in crypto is what makes money flows in on constant basis. If a coin keeps a stable value people won't value it like today. There won't be traders or investors.

Volatility is a must-have in the cryptocurrency markets because when the crypto is volatile then it seems to get more popularity in the market.

 

[Dowenship]

Cryptocurrency just happened to be a volatile currency is not a mandatory characteristics of a cryptocurrency because they are also stable coins that are not volatile in nature.

Yeah, there have to be strange coins, but y can agree with me that id crypto currency is not volatile me and you night not be talking about it today...

 

[Ralphjoe]

Volatility is a must-have in the cryptocurrency markets because when the crypto is volatile then it seems to get more popularity in the market.

Well you might be quite right that the volatility of cryptocurrency is what is actually making it to be popular for this same reason happens to be the reason why cryptocurrency cannot largely be used as a payment tool online.

 

[Ub40]

I don't think there is any crypto coins that do not fluctuate. As we all know fluctuations is part of the business. And it is by this fluctuations we are able to make our money or not. So the role of fluctuations in the market can't be overemphasized. It is just my opinion.

 

[Ralphjoe]

I don't think there is any crypto coins that do not fluctuate. As we all know fluctuations is part of the business. And it is by this fluctuations we are able to make our money or not. So the role of fluctuations in the market can't be overemphasized. It is just my opinion.

The cryptocurrencies that do not fluctuate that much and they are called stablecoins so that statement that you have made is quite incorrect.

 

[Setfragil]

The solution to this problem is to convert your cryptocurrencies to fiat currencies or through payment processors. I always convert my cryptocurrencies immediately whenever I receive my payments through cryptocurrencies and this why I avoid loss.

It is not necessary for you to convert your cryptocurrency to fiat money. You can also convert them to a stable coin like usdt or usdc. Volatility is the main reason why people invest in cryptocurrency.

 

[Good-Person]

It is not necessary for you to convert your cryptocurrency to fiat money. You can also convert them to a stable coin like usdt or usdc. Volatility is the main reason why people invest in cryptocurrency.

The conversion rate offered by my exchanger is very high (they charge a very high fees). This is why I am not able to convert my payment processor balance to USDT coins even though I would want to.

 

[Senator]

Volatility is what makes the cryptocurrency market have the special characteristics it has. It is a very volatile market and makes it possible for investors to make good money from such volatile nature