Why Crypto Volatility Can Be A Good ThingJoshJuly 6, 20180 viewsIncome & Career0 Comments0 views 0 If you’ve heard one thing about cryptocurrency, it’s probably how volatile it can be as an investment. It seems like each new day brings some piece in the financial news section claiming that the coins have either taken a deep dive or made a sudden surge. As an investor, volatility can often be a scary prospect. The idea that one day your account can be in a great position and the next day be swooning isn’t something that anyone looks forward to in any way. Yet volatility can actually be a boon to investors, especially if the asset in question with the volatility is positioned in a certain way. If you can think of it in that way, the volatility that seems to inherently come with the territory in terms of cryptocurrency might actually be something that you’ll want around. Keep in mind that all investing is accompanied by risk, and a volatile asset brings more risk than the norm. Yet if that’s something that scares you, you should just hide all of your money under the bed as inflation passes you by. There is also something to be said for being aggressive with your capital, and cryptocurrency assets give you the chance to be daring with your future financial position. If you think that you need some assistance in making the right choices, a trading program like Bitcoin Trader will help you time your crypto trades for maximum impact. Don’t think of volatility as a drawback; think of it as a positive for the following reasons. Large Growth Potential The definition of volatility is that an asset can’t be trusted to stay in one place in terms of its value for very long. It will rise and fall on a whim, often with a great range in between high and low. By that very definition then, cryptocurrency gives you the potential for great profit because it is prone to a sudden rise. All you need to do is to put some stops in place to keep from losing whatever profit you made or to keep from a sudden fall hurting you too badly. Use It as a Compliment If your whole portfolio is loaded with cryptocurrency, the resulting volatility might be too much for you to take on a daily basis, and you really could suffer major losses if the entire market goes in a downslide. But if you balance it out with stocks that are reliable gainers and also pay out dividends on the regular, a little crypto in your portfolio will do just fine. You can benefit from the growth potential, and your standby stocks will keep you from losing too much. Take Your Chances At some point, the people who have made it big in the investment world have taken chances. Cryptocurrency is one of those risks that you might need to take to grow your portfolio to a point where you go from barely eking by to living in luxury. Again, volatility isn’t for everyone. But if you can handle it, the inherent volatility of cryptocurrency actually offers you great opportunities for profit and wealth.