Do you like Volatility? Debate

[fiulpro]

I wanted to know the general preference of people here. What are your views on Volatility and why ?

-Do You Consider Volatility to be an opportunity Where you can buy more coins and hold them for later
              OR
-Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency.

Let me present my point of view.
(A healthy discussion is greatly appreciated)
-I do think that Volatility is an amazing opportunity to not only gain some Bitcoins but also perfect for interday trading, at the same time for people who did miss the opportunity to buy some at the right time, it gives you an opportunity to make that right. At the same time I do trust that we can always achieve ATH therefore it's also a matter of patience. It's not like you would loose when the value goes down. So if you have : Patience and you did miss your chance, I do think Volatility is a healthy thing for cryptocurrencies like Bitcoins. Then again we don't need to always compare Bitcoins with things like : traditional money 💸 , it's a whole different story.

What do you think ?
(Image credits to the respective owners, taken from Google)

[The Cryptovator]

Let me ask a question, why investors should invest in Bitcoin if it's stable in a place? I know rather than call it to invest more suite is accumulate. But the truth is investors are here to take advantage of volatility. Honestly, they aren't thinking that Bitcoin was created to present a peer to peer electronic money. Why investors and big institutional investors aren't buying or storing USDT? Because it's s stable coin and they wouldn't take advantage of volatility. Bitcoin is the most popular cryptocurrency because of its volatility. Very rarely users are thanking for the technology behind Bitcoin. Of course, I like volatility and that's call trading. Due to trading, we might see volatility on Bitcoin.

[BlackHatCoiner]

You should be aware of the words you're using.

-Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency.

You're saying that if it's not volatile, it can finally be used as a currency, concluding that it can't be used right now. Sure, the mining fees and the price fluctuations make it hard to work as a currency, but since people accept it as a medium of exchange, then it's a currency. (Now if it's a good or a bad one is a different topic)

Let me correct something that I personally find miswritten: If people saw it as a currency it'd have a stable price, not the opposite! It couldn't have mysteriously stable price and people would then see it differently. The majority of the people and their wallets decide "bitcoin's fate". If they believe that it'd be much better as an investment, then price will go ↑↓.

I'd personally be satisfied if the price stopped being that fluctuating, even if we all know that it'll bypass much higher numbers in the future.

Let me ask a question, why investors should invest in Bitcoin if it's stable in a place?

Why should they invest?

[Bilgent]

As I think that Bitcoin has nothing to do with being used as the currency of countries, I like the volatility in Bitcoin. Because I'm also a HODLer and really love making a good profit in the long run. Of course, there is always a risk for the price to come down to zero. So, we need to follow the price movements time to time for preparing ourselves better.

[Sterbens]

i would say that i like volatility.
the reason is because volatility means that I feel the possible risk received will vary and provide opportunities for further movements. and in cryptocurrency volatility is very important as a measure of risk of loss and profit. rather than low volatility, it doesn't really provide the true characteristics of a cryptocurrency.

So it is very natural for bitcoins with the level of volatility that is going on at the moment, although some do not accept it because they have not accumulated a large amount of bitcoins. However, with that bitcoin's characteristics became even more prominent.

The most appropriate option for dealing with the continuing high surge in bitcoin prices in the future is earning interest as a method of passive income.

[jonval21]

I think that volatility is what gives the best life to bitcoin, many do not like to deal with volatility but it is what differs from all markets, you can get big profits if you have good luck taking advantage of volatility, I have a friend who managed Buying a car by making a good option that went from one day to the next, had a profit of + 40%. Bitcoin is the safest way to obtain financial freedom.

Some have been impoverished by volatility, they fall into despair and cannot succeed, but I think that luck plays a very important role here as well.

[pinggoki]

Before answering this question, let's analyze first the situation just like for example the investors. Do you think that investors will adopt bitcoin or cryptocurrency if it is in a stable manner in which it would be like fiat without any movement? If yes then probably those investors will not inherit the successful in investing here in bitcoin. One of the main reason why investors are investing in bitcoin is because of it's volatility and also it may helps them to make other transactions through the help of it.

[bL4nkcode]

Volatility is the reason why there are more traders in particular market, without huge or enough volatility just like a local stocks in a third world country, its boring.

[ShowOff]

Volatility is required for asset that can't be controlled by anyone or asset that are decentralized. Bitcoin is one of the most popular among many decentralized crypto, so without volatility there is no chance for trader to make a profit. Trader and investor need volatility beside that they also need the technology that is in it. I assume that volatility is the most important part of decentralized asset because without volatility, I don't think we need an exchange. Bitcoin has become a business field for investor who believe that it can give them profit, volatility arises due to the influence of supply and demand.

[Marvelman]

For me personally I never really had the understanding of Volatility until I bought BTC a few months ago.
I thought it was so nice to see that my investment saw a 5% gain in value over a 4 hour period. I was like "what the heck is this all about?" That day I decided to research and research and more research. I read a few books, sat down with a bunch of the crypto guys and listened to stories of what Bitcoin does and how its making people millionaires. I loved every bit of it.

I don't mind BTC volatility much, the only thing is that with Bitcoin everything is too high stakes and you don't really know how the markets will react. Having the right knowledge on BTC and how to research it from a technical perspective will get you ahead of the competition.

[TedMosby]

Personally, I love the volatility.
I agree with you, it gives us an opportunity. Many of crypto users are still here on this industry because of the gains, not the technology. I always wonder what will happen when crypto price becomes more stable. Let say the fluctuation rate only 1-3% a day. I believe most of crypto users will leave crypto trading. Only big players will settle with that situation. You can see how the hype increase when crypto price is up/down significantly. Some people take the advantages of that situation, they wait for that moment. At that time, the cryptocurrencies moves from one hand to the other hands.

[aoluain]

I think that volatility is what gives the best life to bitcoin, many do not like to deal with volatility but it is what differs from all markets, you can get big profits if you have good luck taking advantage of volatility, I have a friend who managed Buying a car by making a good option that went from one day to the next, had a profit of + 40%. Bitcoin is the safest way to obtain financial freedom.

Some have been impoverished by volatility, they fall into despair and cannot succeed, but I think that luck plays a very important role here as well.

Bitcoin and volatility go hand in hand. I wouldnt be surprised if a lot of
Wall Street traders dabble in Bitcoin, where else can traders potentially
make big gains on a monthly basis and other gains daily.

Look at this month and last month where towards the end of the month Bitcoin
falls and promotes the tag of being "Volatile" what other market can regularly
provide traders and Hodlers the opportunity to make gains of up to 25% per trade?

We who practice Dollar Cost Averaging are also happy with volatility.

[Smartvirus]

I sure do, lol, i do. It's one of the most distinctive factor of cryptocurrency from the regular fiat currency. Bitcoin or cryptocurrency volatility is very beneficial to crypyo investors as it could at some point determine when its best to enter the market on a buy and sell at another point to get return in investments (ROI). Its really, really usefuand I wonder what would have been the fate of bitcoin or cryptocurrencies without volatility. It would just look like another stable coin and we all know stable coin are used mainly as a store of value. That wouldn't be the fate of bitcoin, nope, never. It won't go down so well on investors and crypto enthusiast.

[Swordsoffreedom]

Bitcoin has become precious for its volatility. I think because you don't have the right idea about Volatility, makes you frightened about it. Bitcoin's volatility means, how massive the price can move. It can happen in any direction that depends on demand and total supply.

Fiat is less volatile cause when govt assumes any uncertainty they can print more money to stabilize the uncertainty. But Bitcoin has limited supply that's why demand is increasing day by day and the result is crazy upward movement.

Investors like grayscale, MicroStrategy, Tesla, and we(small traders) are taking this advantage to hybrid our portfolio.

[slapper]

Volatility is needed in order for bitcoin to be recognized. In fact, I still like bitcoin to rise up and down like this because it is a good chance for people to make money. Even gold which is believed to be stable still gain a huge value during the recession and the pandemic. From my perspective, it is hard for bitcoin to become a stable currency because people only see it as a safe haven to against not just the inflation but also the government and its centralization

[AmoreJaz]

Bitcoin has become precious for its volatility. I think because you don't have the right idea about Volatility, makes you frightened about it. Bitcoin's volatility means, how massive the price can move. It can happen in any direction that depends on demand and total supply.

Fiat is less volatile cause when govt assumes any uncertainty they can print more money to establish the uncertainty. But Bitcoin has limited supply that's why demand is increasing day by day and the result is crazy upward movement.

Investors like grayscale, MicroStrategy, Tesla, and we(small traders) are taking this advantage to hybrid our portfolio.

yes, indeed! volatility is one of the major reasons why people are attracted to bitcoin. and that is true to most alts as well. volatility is like the attached feature in most cryptocurrencies, of course with the exception of stable coins. and such feature is the reason why traders are getting into this market, otherwise, they will just stay to the forex market and the likes, where movement is not that drastic.
imo, volatility is the unique factor in crypto. this is what it sets apart from fiat-based markets.

[Johnyz]

I like it or not I cannot control the market and I have to deal with the volatility because that what makes cryptomarket more profitable compare to other market.

We have to learn how to ride the volatility in order for us to make money so if you think you can’t handle those volatility better not to trade and just play long term holding.

[chaser15]

Volatility is one of the big reasons why there are lots of investors not just in Bitcoin but for other cryptos as well.

We should accept the fact that bitcoin is more treated as an investment rather than a currency so everything up to this point, bitcoin's price doesn't have the real established price. Bitcoin also won't be popular if the market is not volatile.

I like the volatility, even it sometimes wrecked my plan, but that's the thing I already used to see since I entered the crypto world.

[LUCKMCFLY]

Volatility whether they like it or not if they enter the Bitcoin market and cryptocurrencies must accept it, here in the same way there is for everyone, those who like stability, can go and buy USDT, BUSD, among others, or some Gold in the form digital if they like to follow the price of gold mixed with Blockchain technology.

Volatility for many can be a double-edged sword, just as you can have a touch of luck, it can ruin a plan causing you to lose your funds, I know many friends who before going to sleep change what they have in BTC for USDT, I respect that decision but I do not share it, I prefer to leave it in Bitcoin despite its volatility, if it falls in price, the best strategy is to wait until it recovers and rises much more.

[Kittygalore]

Volatility whether they like it or not if they enter the Bitcoin market and cryptocurrencies must accept it, here in the same way there is for everyone, those who like stability, can go and buy USDT, BUSD, among others, or some Gold in the form digital if they like to follow the price of gold mixed with Blockchain technology.

Volatility for many can be a double-edged sword, just as you can have a touch of luck, it can ruin a plan causing you to lose your funds, I know many friends who before going to sleep change what they have in BTC for USDT, I respect that decision but I do not share it, I prefer to leave it in Bitcoin despite its volatility, if it falls in price, the best strategy is to wait until it recovers and rises much more.

Volatility is present in stock market too so there is no escape in that attribute, and as @LUCKMCFLY says, we just have to accept it which is the most reasonable thing to do because it is out of your control and the only way to make money out of it is to utilize that volatility in your favor because with volatility you can make more money because you know that it is going to go down anytime soon but you have to know when to buy because you might get the bad card and you will get left behind.