Bitcoin's volatility is one of its features that turns off a lot of people.
It is able to turn on or turn off some people that depends on types of people. People who can abuse it to get profit will like it but people who get loss with it will turn themselves off after losing dramatic capital.
Always true that the market is a zero-sum game and money does not automatically appear more or less, it only moves from one to another person and change between accounts or pockets.
When someone expresses interest in investing, the majority of financial counselors advise them to avoid doing this. Because it is one of the most volatile assets ever, I believe that is why the adage "invest only what you can afford to lose" exists.
Investment and trading is risky and risk means potentially loss so that advice is true. It is helpful for you to force yourself to be more prepared before joining by learning more, practicing with demo accounts more.
My query is: How will Bitcoin's volatility diminish over time, or what is the single biggest element that could result in a reduction in Bitcoin's volatility?
More regulations, bigger trading volume, less effects from fuds by better regulations enforced, less impacts from Bitcoin halvings.