Crypto Volatility

in hive-101145 •  3 years ago 

Is Bitcoin's volatility good or bad for trading?
While Bitcoin is becoming more widely accepted as a form of payment, the market remains extremely unpredictable. Of course, this isn't ideal for Bitcoin's use case as a store of value (though, as you can see from the graph above, it isn't impossible).

The price is only going up) but for traders, a little bit of volatility can be ideal.

storm.

Consider this scenario for a moment. two traders, one who trades cryptocurrencies and the other who trades stocks.

Forex. The person who trades cryptocurrencies is exposed to high volatility, but

As a result, there is no need to have a lot of money or utilize a lot of it.

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