Lately the volatility is not that bad really. There are some price corrections upwards at times, but most people don't mind to be there. They are accompanied by downwards swings too, but it's not an orders of magnitude thing. In fact Bitcoin stayed in the $400-$700 price band since months moving quite slowly.
Actually that's normal. People overestimate BTC volatility because the price goes wild during periods of intense press interest, and so of course there's a big population of people who are only paying attention to Bitcoin during these times. In quieter times when the media spotlight is elsewhere the price usually settles into a somewhat specific band and stays there until the next press cycle.
I find it interesting how people talk about markets: increases are "price corrections" and decreases are "downward swings" implying that that they are temporary and will come back up.
This isn't Bitcoin specific but getting both in two adjacent sentences was a good opportunity to comment on it.
