Cryptocurrency Volatility: Creeping Evil or Essence of Crypto

[yaphetSGG]

Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,

“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

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[Renaldi blackspadeteam]

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

of course the bank will say like this, because their technology cannot defeat the technology of the blockchain, and they are afraid that someday fiat money that actually comes from the bank will be replaced by Cryptocurrency

[Irvinn]

For now, we can say that the large volatility of a decentralized cryptocurrency is its essence. As a rule, it is not provided with anything, and its price is formed solely on the relationship between supply and demand. Demand and supply can never be constant in nature, because hundreds of thousands and millions of buyers and sellers of cryptocurrency are participating in the market at the same time, and all of them proceed from conflicting personal interests.
Cryptocurrency volatility is good for traders and a problem for states.

[okala]

Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,

“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

Yes volatility should be centered of attraction and that is why I think this market need volatility at this moment that the market is very at an early stage. Bitcoin make the name it make because of the volatility and acceptable by some community. We are going to have another bull run in some days to come and that is why we should buy now that we can still be able to buy at the cheapest price now.

[roxasyolanda]

Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,

“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

the volatility of cryptocurrency is just so normal, its part of the cryptocurrency, its the essence of it and thats why people were into it because of its volatility.

[treatWy]

In terms of business view no one ever made the success in just one side. Good side and bad side always together on going whether you like it or not because in everything is risky.
With regards to bitcoin it is not exempted. It means someone can use this to scam and illegal purposes because people have choices what we should do. However, it is joyful to see somebody's success from bitcoin or from crypto.
They are able to help the needy. They are able to build whatsoever they can from bitcoin crypto profit.

I eagerly suggest that we should see more in advantage than disadvantage to have more good points of views.

[tenebriscaelum]

Volatility means market movement and if there is no market movement then prices still be stale or its price will not be justified. Volatility is not essentially evil instead it is a necessity. Lets say this in the current price of USD of the USD stops its movement then its price in the market will not be justified and will lose its value and after that the USA will fall since they are dependent in the price of the USD and the same goes into other countries.

[dothebeats]

Volatility is a double-edged sword in relation to bitcoin's growth and adoption, IMO. With volatility, it is easier to attract a lot of potential investors in the scene. On the other hand, it scares the common merchant in involving their businesses in cryptospace since their profits could turn into dust the second that a market swing occurs. Since the cryptomarkets are free for everyone, it's really hard to eliminate volatility since there would be different factions doing different trades resulting to a convoluted movement within the price. I guess we just need to accept that volatility is here to stay and it's the primary driver as to why more and more people are getting hooked up in trading cryptocurrencies.

[cluit]

I think it depends on how good of an investor you are. If you are a good investor than you know that during the volatile markets if something drops than it is time to buy and if it goes up than it is time to sell. However, even though this seems like a simple logic we can definitely can see around the crypto space some people who came in during the peak times and bought bitcoin from 20 thousand dollars or lower a bit.

If you see something breaking the all time high x10 times over than you do not go out and buy that thing, you buy during the dip not the peak. Which is why right now we have so many people keep talking about how "bitcoin is going to die" because they couldn't make money with it and they wish you won't too. All these considered if you use this volatility to your favor than you can make decent returns with it.

[DooMAD]

My thoughts on volatility are ultimately that whether markets are volatile or not, the most important part is that they are free markets.  We shouldn't be trying to "handle" volatility if doing so means we're trying to manipulate the market.  If someone could manage to keep volatility under control, that clearly means someone is controlling the market.  No one should want that.


Also, the original post appears to be a mix of phrases from this cointelegraph article and should be credited thus.

[LeGaulois]

There is a trend recently with "stability". To me yes we have a stability period but we need to consider it as temporary, we all know soon or later it will pay. I am also considering the other side: without stability, the mass adoption will always be difficult and people will only use Bitcoin to invest (with potential gains/loss)

[davis196]

I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

[Reinz12]

I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.

[btcluisdiki]

In my views, volatility is just a part of how cryptocurrency works in the market and it is very unpredictable as always. Once volatility takes to effect in the market, dip in the market price will then be affected per exchange value with the USD currency. Hence, the good thing during dip or down trend market, it will be the best time in buying more btc and alts and just have to wait for the market recovery and assuming that it had increased higher than it was before the dip, chances is that you will be able to earn profit by selling it into a much higher price.

[ethereumhunter]

I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.

The volatility will always happen now and in the future and cryptocurrency market is different than the stock trading. People come and out in cryptocurrency, and some of them can make a lot of money from cryptocurrency while the other people were getting a big loss in cryptocurrency. I agree that new players that don't know can gain big profits because they have luck in their first-time trade. But I believe that the investor will gain the benefits or the profits too, and they will make a lot of money in the long-term while the new players cannot do the same.

[1Referee]

I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

"wrong" type of investors or not, they bring liquidity to the table, which in most cases stays within the Bitcoin ecosystem with how dumb money always loses in the long run.

Quote from Warren Buffett;

The stock market is a device for transferring money from the impatient to the patient.

That perfectly applies to the crypto market and what I said above.

Volatility is a characteristic advantage of Bitcoin. Bitcoin isn't a stock backed by a company that could choose to rain dividends in an attempt to attract capital. The more smart money there is in the market, the lower the volatility will become, and the more usable Bitcoin is as currency. It takes times to get rid of the fluctuations as we know them now. How much time no one knows, but we're on the right track at least.

[Zadicar]

I agree that the market volatility turned the cryptocurrency markets into a big casino.99% of the 2000 altcoins in existence are created for that purpose.This attracts the wrong type of investors.The ones that only care about the short term profits,instead of the investors,who want sustainable development of the blockchain technology and using it for something good.

Well, volatility in the market I think is fair, which is not normal is the player who is tempted by big profits. For the old players or traders, I feel they are learning each altCoin that is outstanding in terms of project and development. While at the moment the new players with zero knowledge jump to gain profits.

The volatility will always happen now and in the future and cryptocurrency market is different than the stock trading. People come and out in cryptocurrency, and some of them can make a lot of money from cryptocurrency while the other people were getting a big loss in cryptocurrency. I agree that new players that don't know can gain big profits because they have luck in their first-time trade. But I believe that the investor will gain the benefits or the profits too, and they will make a lot of money in the long-term while the new players cannot do the same.

No matter which field they are engage on either on crypto or stocks/forex volatility is always there since this is the thing or the reason that could give us the potential on gaining profits. The thing here between the two is that the level of volatility would really be different. It would really be treated as evil but anytime it would really be treated as a normal essence of crypto.As long there would be tag of war between sellers and buyers volatility would still exist.

[hatshepsut93]

There is a trend recently with "stability". To me yes we have a stability period but we need to consider it as temporary, we all know soon or later it will pay. I am also considering the other side: without stability, the mass adoption will always be difficult and people will only use Bitcoin to invest (with potential gains/loss)

Bitcoin mainly attracts people who don't want to use traditional payment methods and currencies for some reasons, and those people tend to think that the benefits of using Bitcoin outweigh the risks of volatility. And on the other hand, those who don't use Bitcoin usually have many reasons to not use it - they are happy with banks, they don't understand Bitcoin and so on, so volatility is only one of the factors for them. So, Bitcoin can continue getting users even despite volatility, although I think it will decrease over time.

[proTECH77]

Cryptocurrency volatility is a creeping evil as this will tend to scare away potential investors from investing. In the real world the word "volatility" is uncomfortable with potentials investor in any sector of the economy. Though the recent trend on Bitcoin price has lower the tension on it volatility and proven itself to likely be a stablecoin after regulation.

[kryptqnick]

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.

Volatility will not help to use cryptos 'in everyday instances'. If the prices were fixed in btc, people would still care what they pay for some products if they convert it to fiat and fluctuations would not be welcomed. At the same time, traders usually pay attention to such regular cycles of peaks and downs, so for them it's good.
I am not sure volatility should be the thing attracting people. Decentralization, freedom, right to generate coins should. IMO volatility is just something we could live with, it's a justified sacrifice, but not more than that.