Just like Bitcoin, you can make use of volatility either the right or wrong way. Volatility is bad because it's risky. It makes Bitcoin unstable. But it could also be good because you can take advantage of it. You can make money out of it.
Volatility is bad for Bitcoin because it could turn $64,000 into $62,000 within a day, but it's good because it could also turn $62,000 to $65,000 the following day. Now, it's up to you how you'd make the most of it.
As far as the track record is concerned, however, Bitcoin's volatility could create wealth for you if you hodl.
Bitcoin is only one, unique and there is also only one Bitcoin market for everyone. In a same market with one asset, people will think about the market, speculate the market trend and next movements differently and because of such opposite thinkings, they will make different trading decisions. Because of market volatility, traders are most sensitive with it and possible inaccurate and bad trading positions as well as decisions for their exits.
With people who understand about trading and risks of trading, then make strong choice to invest their money in Bitcoin and ignore trading, they can feel something really opposite than traders see. They see greater opportunities, more safety with Bitcoin because most volatile times in Bitcoin market is when they can accumulate bitcoins with cheaper prices. Then they will not trade, but withdraw bitcoins to their non custodial wallets, and hold a long time while will continue their accumulation.