How To Save And Ignore The Volatility?
How To Save In Bitcoin And Ignore The Volatility?
Bitcoin is a saving technology, ie bitcoin will hold or multiply its value overtime, therefore the value of your money will grow or multiply over time. 1BTC=1BTC and this is always true.
But why is it not so easy for most people to handle the short term volatility? Exactly! Because if someone is focusing so close to any bitcoin chart in the short term it makes total sense for them to be freaked out since Bitcoin was designed to be volatile up to the right (not down) so it's up to the person to learn to ride with it in order to benefit from it's long-term potential.
One of the best ways to mitigate the bitcoin volatility is by DCAing - Dollar Cost Averaging into it over time, this is done by simply accumulating a small set or vary amount every week or two, by doing so you get to learn to stay on top of the market fearlessly and confidently while ignoring short term market noises and volatility. Bitcoin Tips:
