Is volatility a must-have in the cryptocurrency market?

[Addy4030]

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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

Yes because money also is volatile not to talk about crypto currency. The volatility in the crypto currency is just high and seems not to be under control ad for now. Money is relatively scares so will the crypto currency be relatively scares.

 

[kayode10]

Volatility in the price movement is what prevents me from investing in cryptocurrency. I think there are a lot of things affecting this volatility which include but not limited to value of all the coins in the market, news etc

 

[Yusuf]

Volatility is very important in the crypto currency exchange Business. Without Volatility, nobody will make profit buying a coin even though it's the same Volatility that makes some people to lose their money

 

[Senator]

Yes it is a must have. In the cryptocurrencies market, volatility is what makes the whole difference and why people see the opportunity to want to invest in the cryptocurrencies

 

[Dowenship]

To me i think, the excess of volatility in market and crypto is, to give others opportunity to make profit since the constant k of this asset is moving in an upward/ bullish direction.

 

[kayode10]

The only way to keep your mind off market volatility is to invest and never to look back on those investment. You just said some quarters to check the price of cryptocurrency.

 

[ahmedo24]

If you accept the fact that coins are volatile you will have full rest of mind when invest into crypto currency because you already understands the module oprandy and you can always set target for yourself.

 

[tyrim88]

The main reason for cryptocurency that has the tendency to follow market trend and undergo fluctuation is as a result of market forces of which no one has control over,this is what makes the cryptocurency market unique.

 

[Sincerem]

The essence of stable coins is simply stabilize the price of the coin you purchased from fluctuations. It will only move up or down a little bit depending how the fiat currency in which the stable coin is representing is roving in the forex market.

 

[Abigael]

I think volatility is inborn nature of cryptocurrencies. It cannot be changed. In fact, it is these flactuations that makes them most suitable for investment.

 

[Blessedsam60]

It's really hard to avoid fluctuations in crytocurrency market. Even usdt and busdt, as stable they are fluctuates at times because they revolved round dollar rate.

 

[tyrim88]

It is not possible to avoid fluctuations in the crypto money market. As a result, as in every market, factors other than supply and demand also affect price formations. For this reason, there will always be fluctuations in the crypto money markets. Can you show me anything that has a fixed production, consumption and price?

That is actually a universal constant about commodities,and the cryptocurency trading business is no different.Infact that is what makes the cryptocurency trading market very interesting,the changes can make someone to rake in huge returns in a short time.

 

[Ceeny007]

Violatility cannot be avoided in the crypto currency market due to it's unstable Nature which is caused by the forces of demand and supply

 

[Heatman]

The volatility index is a very helpful tool in determining the movement of prices. I think it's a necessary to for any trader to have on his Arsenal if he hopes to be a successful trader. Combining it with current market news works wonders in analyzing good trades.

I have been involved in cryptocurrency trading for at least two months now and even after the market and chart plot analysis before entering a trade, the market volatility still makes a mess of all my trading strategy.

 

[kayode10]

Volatility is synonymous with cryptocurrency marketplace. The reason is that there are high volume of trade is going on on daily basis for most of the cryptocurrency

 

[Yudi898]

Volatility is helpful in terms of prices.
It necessary for traders to have it in other to help them trade properly and good gains or income.

 

[Kingstone]

I don't think that can happen. Volatility is one of the key figures of crypto coins. I recently converted my coins to BNB and it lost some values. I had to convert it to USDT. It is a stable coin

 

[HayKay]

One thing we should realise is that the crypto market is very close to other markets. The same way volatilities are obtainable in the forex markets and stock markets as well.
Though one coin that's stable is USDT but it's like a reserve that doesn't appreciate or depreciate.

 

[tyrim88]

Although coins with stable value exists, but they are being abondonned as people don't see any purpose for using them, volatile coins on the other hand got pros and cons, you might win or lose, but when you win, the profit is huge

One of the high point of cryptocurency and thhigs that makes the market unique,is the issue of volatility,it is the fluctuation of the market that can make one get a huge return in his investment in a relatively short time.

 

[Sotherefore]

The funny thing is that we are investing in a volatile cryptocurrency because we understand that those are things that can make a coin to be valuable in the future ,it is absolutely necessary because that is what determine the value of our cryptocurrency.