One thing every beginner hears about crypto is “it’s volatile.” I didn’t fully understand what that meant until I actually lived it.
In May 2021, just a few months after I bought Bitcoin, the price dropped about 35% in what felt like the blink of an eye. Then, in October that same year, it bounced back and climbed 40%. As a recent college grad, those swings felt like a rollercoaster.
That’s when I learned that volatility = how quickly and dramatically prices move up or down.
- High volatility → huge swings in price (both ways).
- Low volatility → slow, steady moves.
The lesson for me: volatility cuts both ways. It tests your patience, but it also creates opportunity. With high risk comes the potential for high reward – the same market that can drop fast can also rebound just as quickly.
TLDR: Crypto volatility = dramatic price swings. My early experience: -35% in May 2021, +40% in Oct. 2021. Scary at first, but I realized volatility is what makes crypto both risky and rewarding.
Posted by youngB0302