Ask Leo: Is crypto volatility a barrier to become financially stable or a blessing in disguise.
One of the things many people think is a barrier to becoming financially stable is because of the crypto high volatility, they just literarily wants it to be bull at all times and technically looking at it without the crypto volatility things would not be stable in the crypto industry. While some people benefits greatly from it's volatility, some people make great losses because of it.
Source
The question now is why do some people benefits from the volatility and why do some people make losses from it. It either a luck to people who benefited from it or its because they actually know what to do to counter it when situations get rough and at the long run they make their gain from it.
Its all depends on the mentality or strategy used in investing. Because without the volatility things in the crypto industry will be unstable.
So cryptocurrency being a barrier to become financially stable is not a term I will give it, but rather a blessing in disguise when you know what to do when the bear market comes.
Thanks for viewing my post and do have a lovely day.
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The market will always go up and down. What we should do is to be ready to take advantage of any of the seasons.
Posted Using LeoFinance Beta
Yes always being ready to take advantage of the the two seasons is the most important
And that's the most important thing