How are you? By Allah's grace, I'm doing very well. Today, the topic I want to discuss is cryptocurrency price volatility.

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A key feature of cryptocurrency or digital currency is the day-to-day volatility of its price. Since cryptocurrency is not a geocurrency, its price does not depend on any specific economic conditions. Rather, the price volatility of cryptocurrencies may become higher than normal. In fact, cryptocurrency price volatility can easily increase, mainly because it is part of a new and volatile market. A special feature of cryptocurrency is that no one controls its management, which in the case of other currencies or money, the government controls the value of the currency.

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But this is not the case with cryptocurrency which causes the price of cryptocurrency to rise. Besides, the use of cryptocurrency is increasing now due to which the volatility in cryptocurrency is also increasing. In fact, there can be many reasons for cryptocurrency prices to heat up, including news, changes in market conditions, user sentiment, government policies, etc. These factors combine to make the price of cryptocurrencies very easily overheated and can be affected by largely erratic elements. Volatility in cryptocurrency prices creates a very difficult situation for managers and investors to decide whether to buy anything with a cryptocurrency that can fluctuate in price.

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Investors may take time. Because if someone wants to buy 10 bitcoins with the hope of this profit, then he has to wait for the price of bitcoins to drop first, which causes him to face problems. In most cases, it takes a long time to wait for the price of Bitcoin to drop, and then wait for the Bitcoin to pump, making Bitcoin a more profitable project after buying.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.