Pull out a [Bitcoin](https://leofinance.io/@leoglossary/leoglossary-bitcoin) or [Ethereum](https://leofinance.io/@crypto-guides/what-is-ethereum-eth) chart for a [cryptocurrency](https://leofinance.io/@leoglossary/cryptocurrency) noob, the chances of getting deterred from developing interest will be high let alone wanting to [invest](https://leofinance.io/@leoglossary/leoglossary-investment) due to the [volatility](https://leofinance.io/@leoglossary/leoglossary-volatility) nature of cryptocurrencies.  

Most times we have seen the anti-cryptos bash Bitcoin due to its volatile nature, how can a currency this volatile serves as currency as such it fails as medium of [exchange](https://leofinance.io/@leoglossary/leoglossary-exchange). 
While they do have a case against Bitcoin being the world's reserve currency the purpose of this article is to look beyond the [monetary](https://leofinance.io/@leoglossary/leoglossary-money) aspect of cryptocurrency. 

For an in-depth understanding of cryptocurrency it is better to put in the research, getting educated about the fundamentals of Bitcoin, I will rather suggest Bitcoin because not only is it the world's first cryptocurrency it remains the most decentralized, tested over the years yet have survived everything thrown at it. 


![Black Purple Modern Bold What is NFT Youtube Thumbnail.png](https://files.peakd.com/file/peakd-hive/joetunex/23t76tJUShhZbFAPxs6H1MXdoYjPE7UsdGCqMCcii4NyA8SaqGukSVaHBZSwBwn4M5F22.png)


In the quest to familiarizing oneself with the cryptocurrencies, one is bound to come across centralized cryptocurrencies yet claim to be decentralized so much more research is required in that regard. 
*Why place so much importance on [decentralization](https://leofinance.io/@leoglossary/leoglossary-decentralization) you may ask?*  

As mentioned above decentralized cryptocurrencies have been through it all in terms of attacks, truly decentralized [blockchains](https://leofinance.io/@leoglossary/blockchain) are capable of surviving moments of attack or during cryptocurrency [bear market](https://leofinance.io/@leoglossary/leoglossary-bear-market) as we can see in the case of [Hive](https://leofinance.io/@crypto-guides/what-is-hive-crypto-hive) despite bear markets, the blockchain continues to survive and in fact keeps developing [DApps](https://leofinance.io/@leoglossary/leoglossary-decentralized-applications-dapps) for use. 

We can go on with several reason as to why decentralization is of high significance for cryptocurrencies. 

Another aspect worth considering is the use case of cryptocurrencies which extends to the blockchain level. It is unwise getting involved in [tokens](https://leofinance.io/@leoglossary/leoglossary-token) mainly because of yields without any use tied to it. 
LEO, SPS are finance related community and gaming tokens [LeoFinance](https://leofinance.io/), [Splinterlands](https://splinterlands.com/) respectively. These are tokens with use cases backed by community. 
When looking for sustainable cryptocurrency to hold on to for long duration of time, it is better to consider its use cases. 
 
If you have had your [bank](https://leofinance.io/@leoglossary/leoglossary-bank) account closed due to one reason or the other by the banks. Cryptocurrency will mean a lot more to you than focusing on the profit to be made from cryptocurrency. The freedom to [transact](https://leofinance.io/@leoglossary/leoglossary-transaction) freely, not have one's [wallet](https://leofinance.io/@leoglossary/leoglossary-wallet) closed or questioned is another benefit to cryptocurrency. 

It is becoming obvious we transitioning into a new form of money, by the looks cryptocurrencies are going to be part of this change in money. We are dealing with [currencies](https://leofinance.io/@leoglossary/leoglossary-currency) just over a decade old (some less than a decade), therefore volatility shouldn't be a deterrent from cryptocurrency at this stage. 

Getting in on cryptocurrency with long term perspective tends to win over short term in most case. 
 

![4HFqJv9qRjVecs4xkhd5EvhidWEEBnn9tCVDBkBhQpUFvab78MhbU1Vuhsv2nJ2ugLQ4jgoYaT2PVTE1rv7F3KJvnDsHa35tCHLax2ssgUniFSQW5hn3YTimRBRATW8fsxoPk9AY3pXfRonvfdbrEjimyvnEwGLdDed.gif](https://files.peakd.com/file/peakd-hive/joetunex/23swXhgKFcQfjrRE3RFauGNWYSCD2e7BLuJZocW9sQ9yjMabkMbLqzRF5xFcaShJpBKw2.gif)
*Gif by @mariosfame*

***We owe it to ourselves to make Hive great***

![image.png](https://files.peakd.com/file/peakd-hive/joetunex/KvZG9M7z-image.png)
*Image by @doze*

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@joetunex/volatility-not-to-be-a-deterrent-from-cryptocurrency)