Bitcoin's High Volatility Often Makes Ordinary Investors Easily Disappointed

The high volatility of Bitcoin often makes novice investors panic. (photo credit: Clay Banks/unsplash)

JAKARTA - MicroStrategy's US CEO, Michael Saylor recently appeared in an interview to share his insights on the global macro environment alongside Bitcoin (BTC) and crypto in general.

Talking about the risks associated with volatility, Saylor said: “People who invest in Bitcoin as investors and non-investors, they don't have a technology view or a macro view, so they will always be disappointed because of the volatility.

In line with the advice of experienced cryptocurrency traders, Saylor warns the public to invest (in Bitcoin and other cryptocurrencies) only as much as they can afford to lose.

The US businessman also warned investors not to make impulsive trading, which is based on speculation or provides investment advice to fellow traders who only want short-term returns.

On the other hand, entrepreneurs believe that regulatory complications are currently the biggest threat to the crypto economy. As stronger fiat currencies, such as the United States dollar and the euro continue to be printed, Saylor speculates that Bitcoin will remain stronger.

“I see Bitcoin as the most distributed and strongest brand of the monetary asset in the world”, Saylor said, as quoted by Cointelegraph.com, Tuesday, July 6.

A recent survey of a small group of Bitcoin investors found that 44% of investors reportedly expect the Bitcoin price to settle below $30,000, while 56% expect it to rise again.