for beginners Cryptocurrency without market Volatile is useless

[Babubu609 0]

We are now into an era were we have different kind of currencies that are use in exchanging goods and services physically and digitally. It was a good improvement to the world at large to have this system of buying and selling than the modern system of trading were trade by barter is practiced we mostly find it difficult to Exchange and gets good if choice. Cryptocurrency is at 🌍 world of advancement to ease difficulties and make everything easy to man. 

In nowadays during the advancement of technology since during 2009 Bitcoin was implemented to serve a purpose of digital currency by satoshi nakomoto who was anonymous and known by nobody. Bitcoin was the first digital currency build on blockchain. Later we have more currencies build on the blockchain with more features advancement than bitcoin alternatively like Litcoin(LTC), Ethereum (ETH), Ethereum classic (ETC) and etc. 

 

To make a profit in any Bussiness you must have a Volatile market. Even at stable currency you can not get profited by just keeping it differing from cryptocurrency, in cryptocurrency you can invest your funds and the price increases with time by price increase. To get profited from stable currency you must by some commodities that are volatile to buy from different locations. You may wish to buy at low price at a location with low commodities and high supply were by you sell at location with high demand and high price. Without any volatility in the market or in any transactions/ Exchange there tend to have no profit due to no difference in price. This is the same in the cryptoworld it is just as the digital when the crypto market becomes stable it will be useless because there is no price difference that will give you profit. Therefore you need to get this that there is no any business that will give you profit without a little Volatility. This has being reason why I say cryptocurrency without market Volatility is useless.

 

If you have more things to say about this you can share your thoughts.. happy Posting to you all🙏

[Jaafar Fahad Hassan 114]

volatality been the rate at which the price of a security increases or decreases for a given set of returns, Even if you were the best trader in the world, you would never make any profit on a stock with a constant price.

[Babubu609 0]

32 minutes ago, Jaafar Fahad Hassan said:

Even if you were the best trader in the world, you would never make any profit on a stock with a constant price.

First of all thanks for going through the topic and for grabbing the necessary point from my topic. Well as you said even if you are the best trader in the world you can never double what you invest without a price difference from commodities or on a stock.

[Jaafar Fahad Hassan 114]

37 minutes ago, Babubu609 said:

First of all thanks for going through the topic and for grabbing the necessary point from my topic. Well as you said even if you are the best trader in the world you can never double what you invest without a price difference from commodities or on a stock.

You welcome, it a honour , your posts have been beneficial and talks alot about cryptocurrency,which is the future, your post has guided lots of people both the beginners and newbies . So am glad I can write something about your post.

[Calvinpriva 17296]

4 hours ago, Babubu609 said:

This is the same in the cryptoworld it is just as the digital when the crypto market becomes stable it will be useless because there is no price difference that will give you profit.

You are right, it's impossible to earn profit in crypto if the market will be stable. We earn a profit when the market is volatile and that is why we should be good to read the market so that we can search for volatile coins and trade them.

[Projectcrypto 4382]

Any business without Volatility won't be profitable because the volatility is the main reason why people gain profit and especially in cryptoworld, we also have to remember that Volatility is the nature of Cryptocurrency which is the reason why traders and investors gain profit in the marketplace, so just the way it was said in this topic any business without volatility is useless because there won't be profit.

[Babubu609 0]

On 10/4/2020 at 11:12 AM, Projectcrypto said:

so just the way it was said in this topic any business without volatility is useless because there won't be profit.

Yes that is the fact I hope everyone could get this understood. Any profit earned could results from the Volatile market by change of prices from low to high.

[Gluttony 1775]

I would say that it is not that totally useless but the users who have been interested in crypto currency because of market volatile would turn their heads to other things and look for something that would generate them profit. I would say that it is still profitable even not being a market volatile because it still applies the logic of being a buyer and seller at the same time. As a trader, the profit that you would get would be because of how much high the price range of the asset you were able to sell when you are selling asset and how much cheaper the price range of the asset you were able to buy when you are buying an investment.

[malik6314193 5449]

Definitely without violating it is useless to buy any crypto coin. Crypto currencies are traded because of volatility in market. If we want to trade in any mew coin first thing we see is it's volatility and after that we see circulating supply and trading volume. 

[Cryptic 0]

I think so too, since that was the reason why some investor got interested in cryptocurrency, because high volatile asset like it can gives you a huge profit compared to the less volatile one due to its rapidly changing price in just a short span of time. But because it is high volatile, investor are more likely to experience losses because it is unpredictable, so you need to be a good trader and investor and you should have a good strategy first. 

[smithk 149]

Great article.

Volatility ensures that people can trade. Only then can profits be made.However very high volatilty can also create panic and crush the market.

[Projectcrypto 4382]

21 hours ago, Babubu609 said:

Yes that is the fact I hope everyone could get this understood. Any profit earned could results from the Volatile market by change of prices from low to high.

Yes mate and we all have to make sure we always buy coins when the price is low because that is when we will have the opportunity to earn better profit in the future after sometime of holding coins in our various wallets.

[Ridam 7455]

@Babubu609 I see the volatility as tge important aspect of the Crypto currency. The Crypto market is itself famous mostly for higher inflanation. And we should see the volatility as the opportunity of profit. If we became able to trade right away and know how to play with volatility, the profit is ours for sure.

[fatimateta 175]

I think it is the market volatility of cryptocurrencies that makes them attractive . But on other hand ,it makes them extras ,not cash substitutes  . Therefore .if there is no more stable cryptocurrency ,its position will remain as a market  for trading and speculation not for saving value of money 

[khan22 3478]

Crypto market is the best market and in this market so many peoples will invest and they hold the coins for the future. Crypto market is the best but we need to invest in it and this is important for us to buy the coins in it.

[Oxygen99 1930]

Volatility is actually the nature of Cryptocurrency and only with that we the investors and traders can make profit in the world of Cryptocurrency because when price of coins remain stable definately there will be no gain for investment since nothing will increase but with this moving up and down many people utilize the opportunity to make good profit to there various wallets.

[tienda 8776]

Yes of course the cryptocurrencies price volatile are more profitable than no volatile, because a lot of investors prefer them to trade daily. I think in the future if the cryptocurrency will be regularized and will be with a regular price. Is possible will not be profitable like now.

[Babubu609 0]

14 minutes ago, tienda said:

. Is possible will not be profitable like now.

I agree with you 😊if cryptocurrency become like digital currency without any Volatility to give chance for earning it cam be useless Because no one will patronize it. As it is Volatile it give chance tmfor earning.

[Guru2050 8284]

Volatility feature of BTC and Crypto currency system places it above fiat currency making it the most important aspect of generating additional money passively. With your good amount of capital to invest or start trading if we'll manage in short period one may double the fund as profits.

[Oxygen99 1930]

19 hours ago, Guru2050 said:

Volatility feature of BTC and Crypto currency system places it above fiat currency making it the most important aspect of generating additional money passively. With your good amount of capital to invest or start trading if we'll manage in short period one may double the fund as profits.

Yes my friend because the bigger your investment in cryptoworld the bigger you profit at the end of the day but we have to make sure we are patient enough with the market due to its fluctuation up and down, we should  just be patient and watch the market closely so that we can make good profit when value rise higher.

[Artugul78 91]

Cryptocurrency is a good currency. Any business have profit and losses... Crypto volatile are bad effect in the traders.. Crypto is a digital currency without any volatility it gives chance to earn money....         

[Babubu609 0]

17 hours ago, eliottalderosn said:

not everyone benefited from trading BTC and not everyone lost. but it surely got the people buying it and investing with the coin which affected its price to reach this point.

Yes exactly it is right because sometimes if the Volatility if the market is too high then the price move fast and anyone trading at that time one might either loose or gain by luck.

[khan22 3478]

Crypto market is the best market but without investment this market will not go up and peoples will not invest in it because in the crypto market main thing is the movement and through this movement we can trade and make money and peoples will see when the market go up they make good profit in this market if they hold their coins in it.

[Mcd0d0 5882]

Being volatile of a particular cryptocurrency coin is very important for it because this is the uniqueness of the coin in the fiat currency and also this is why there's a lot of people being interested in cryptocurrency by getting some profit in trading and also holding.

[Projectcrypto 4382]

22 hours ago, overkill11 said:

Market volatility is the concept that keeps traders from being traders. It's what drives a currency into business and having a volatile market can mean good or bad. It's essential for market movement

You are right mate and to become successful in this field of trading Cryptocurrencies we need to be extra patient and keep greediness aside because it is one of the enemies of most traders in cryptoworld which lead them to great lose.