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RE: Bitcoin volatility near record lows - guess what "usually" happens next?

in #bitcoin6 years ago

I agree that stability of the price of BTC could highly be followed by a huge pump in prices.
This will benefit long time hodlers more than daily traders.
After every all time high, there is always a huge dump And then a bigger pump to a new all time high.
The next all time high will happen for sure but will take some time,, but will result in massive gains for hodlers.
Keep it up.

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Daily traders trade on volatility and with leverage. Bitcoin prices did go up and down 1000 dollars in a day last year. No difference for the hodler, since price was roughly the same at the end of the day,but massive opportunity/risk for the day traders.

Correct. The people who have been holding for much of the bear market would like very much to see an increase in prices in the near future. They have seen enough red for the time being.

Daily traders trade on volatility and with leverage. Bitcoin prices did go up and down 1000 dollars in a day last year. No difference for the hodler, since price was roughly the same at the end of the day,but massive opportunity/risk for the day traders.

Daily traders trade on volatility and with leverage. Bitcoin prices did go up and down 1000 dollars in a day last year. No difference for the hodler, since price was roughly the same at the end of the day,but massive opportunity/risk for the day traders.