Nobody should be surprised at the volatility of bitcoin. Fluctuations every minute are things that we often see and become common. However, until now there are still those who hold, sell or buy, the crypto market is also getting bigger as time goes by.
I like to read the thread that you created, this is enough to add insight into how people's perspectives about bitcoin and how their assumptions are diverse. Whatever it is, bitcoin is volatile itself, but even so, there are still many users who want to be in that market.
Topic: Bitcoin's price is so volatile right now! Why should I even hold? (Read 57682 times)
March 23, 2020, 06:00:54 AM
I am almost sure that due to the current situation Hold Bitcoin is what people are doing.
Actually I think of the opposite. Since we are now experiencing world pandemic, all of us are now having a hard time to acquire basic necessities. As a result, many people are panic buying and when many people buy so as withdrawing from banks or in their crypto wallets. By looking at CMC, we can see that btc's price decline -6.45% as of this moment, see 
? March 23, 2020, 01:50:54 AM
As we well know the cryptocurrency market is volatile in nature.
As it is also true that users like volatility.
I am almost sure that due to the current situation Hold Bitcoin is what people are doing. Because we have two problems: Coronavirus which is a danger and fear of uncertainty due to the market situation. We will probably have a recession.
As it is also true that users like volatility.
I am almost sure that due to the current situation Hold Bitcoin is what people are doing. Because we have two problems: Coronavirus which is a danger and fear of uncertainty due to the market situation. We will probably have a recession.
March 23, 2020, 01:00:22 AM
The cryptocurrency market differs from other traditional markets precisely in its high price volatility. Many participants in this market are attracted to it by the high price volatility, with which it is easy to make a profit. Price volatility just needs to be learned to use correctly and then it will be a good advantage over other markets.
A decentralized cryptocurrency will always have high volatility. Therefore, the price of bitcoin and other cryptocurrencies will always rise and fall, price movements in it will occur cyclically.
A decentralized cryptocurrency will always have high volatility. Therefore, the price of bitcoin and other cryptocurrencies will always rise and fall, price movements in it will occur cyclically.
March 23, 2020, 12:18:22 AM
The reason why you should hold is that you may regret what you did, the volatility is just a speculation of the price but I think there will come a time when this will cause skyrocket, remember when it hit 10k?
March 22, 2020, 04:57:25 AM
same question after half a year maybe the answer is to not loose more
October 05, 2019, 02:26:52 PM
Well, we all know that bitcoin price is very volatile and if it's so fluctuating right now you don't need to panic because that's a normal correction. We can expect that we experience that and all you need to do is to be patient and hold for it then just patiently wait for its value to rise up again to earn a big profit. Because in holding will probably earn in bitcoin massive profit unlike panic seller will always a loser.
October 05, 2019, 07:57:16 AM
It depends on you, if you will you hold it or sell it, just do what you think the right thing to do. If I have Bitcoins, I will choose to hold it because I'm not satisfied for the price of Bitcoin now, that's why I preferred to hold it until the price will go to the moon. Just be patience, if you want an satisfying profits.
October 05, 2019, 02:55:39 AM
If you have bitcoin better to hold because under $10k is not bitcoin price usually and you can take profit if keep holding your bitcoin because price of bitcoin always higher at the end of year, just waiting bitcoin is true for higher price and take about $15k at the end of this years, many expert said bitcoin will be on the top.
We will figure that out if it is really true by the end of the year, last month of 2018 disappoints me, I was expecting that the market will hit the bull run again but I was wrong, so I stopped expecting something and just hodling my coin in my portfolio for almost 2 years since the market gone bearish, I can't wait for the bull run, though I have to if I---we want to make profits and I don't want my effort on holding to be wasted if I do panic selling.
Panic sellers are those people who have gone mad and don't have anymore faith in bitcoin, it is sad, but it is their own choice, maybe they just need fiat that bad.
October 05, 2019, 02:42:15 AM
If you have bitcoin better to hold because under $10k is not bitcoin price usually and you can take profit if keep holding your bitcoin because price of bitcoin always higher at the end of year, just waiting bitcoin is true for higher price and take about $15k at the end of this years, many expert said bitcoin will be on the top.
October 03, 2019, 10:32:25 AM
It all depends on the market situation and its users and if they choose to hold it because they are waiting for the highest price because they are not quite satisfied with the current price.
I personally am more inclined to hold it in because I am sure the rise will come in the next few months and I have to wait patiently for it and to get a satisfying profit.
I personally am more inclined to hold it in because I am sure the rise will come in the next few months and I have to wait patiently for it and to get a satisfying profit.
most people really expect the rise in the price of the bitcoin market to jump higher according to what they expect. but in reality there are still many people who are afraid of suffering deeper losses because there is always a continuous correction in market prices so they have to sell it on the grounds of urgent need. another case with a true trader, looking at the current market situation, of course he can make decisions when to sell or hold it for a long period of time to get greater profits so that the results obtained can be satisfactory
October 02, 2019, 05:01:33 AM
Now, the level of price dominance of bitcoin has risen very much, which means that cryptocurrency holders are expecting an increase in its price in the near future. In any case, an increase in altcoins is possible only through an increase in the price of bitcoin. Therefore, it makes sense to still invest in bitcoin.
Most of the time, the reason why the price of bitcoin have risen so much is because of the FOMO effect or Fear Of Missing Out where people believed that the price will just always go up but it is not the reality of this market. It is indeed a good move to invest in bitcoin but you should also think about diversifying into other cryptocurrency so you can spread the risk of losing money. 
October 01, 2019, 03:29:42 PM
It all depends on the market situation and its users and if they choose to hold it because they are waiting for the highest price because they are not quite satisfied with the current price.
I personally am more inclined to hold it in because I am sure the rise will come in the next few months and I have to wait patiently for it and to get a satisfying profit.
I personally am more inclined to hold it in because I am sure the rise will come in the next few months and I have to wait patiently for it and to get a satisfying profit.
October 01, 2019, 01:07:57 PM
Now, the level of price dominance of bitcoin has risen very much, which means that cryptocurrency holders are expecting an increase in its price in the near future. In any case, an increase in altcoins is possible only through an increase in the price of bitcoin. Therefore, it makes sense to still invest in bitcoin.
July 06, 2019, 11:51:37 PM
It is estimated that for the entire period since the advent of Bitcoin, that is, since January 2009, it was beneficial to buy and hold 98.2 percent of the time. This means that regardless of the bitcoin price volatility, it is still profitable to buy it at almost any time, because over a more or less significant period of time, the price of bitcoin will vseravno increase.
July 03, 2019, 08:26:20 PM
You will HODL because in the long run Bitcoin always gains. The volatility is really an issue but it is not going to be the biggest issue if you will take a step back and try to look at the bigger picture. The truth is that overall the price of Bitcoin is increasing year after year, save perhaps a couple of years in which the prices are lower than the previous year. But then again, the point is that the price is increasing over time. And a biggest portion of the world's population has not yet entered.
July 03, 2019, 08:13:58 PM
From the last time I checked, the volatility trend of Bitcoin is an upward movement. This trend has been persistent throughout Q2 2019 hence every investor had a good reason to hold because Bitcoin proved more potentials and capabilities to surge further. ALways look out for the volatility trend and the capabilities of the coin to recover before deciding to hold or withdraw.
July 03, 2019, 02:52:46 PM
It is rather unfortunate some investors only see the negative side of any coin with high volatility. Coins with high volatility are good choice for crypto trading because they have the potentials to rise within the shortest possible time. Sell to make profit when it rises and buy more when it drops in price.
Volatility brings a good side in cryptocurrency and that is one of the good thing with volatility, trading has life and many people are benefited to it if there is a good side there is also a bad side when it comes to volatility like we cant make it as standard mode of payment because of the price movement.
It is a personal decision. Hodlers goal is to get a profit holding cryptocurrency for a very long time. As a rule, they have their own business or a very good job and can wait for years. They invest in cryptocurrencies tens of thousands.
July 03, 2019, 02:29:52 PM
It is rather unfortunate some investors only see the negative side of any coin with high volatility. Coins with high volatility are good choice for crypto trading because they have the potentials to rise within the shortest possible time. Sell to make profit when it rises and buy more when it drops in price.
Volatility brings a good side in cryptocurrency and that is one of the good thing with volatility, trading has life and many people are benefited to it if there is a good side there is also a bad side when it comes to volatility like we cant make it as standard mode of payment because of the price movement.
It is a personal decision. Hodlers goal is to get a profit holding cryptocurrency for a very long time. As a rule, they have their own business or a very good job and can wait for years. They invest in cryptocurrencies tens of thousands.
July 03, 2019, 07:16:25 AM
With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?
What are your thoughts??? What should we do??
As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate
The bitcoin volatility index for present day can be seen at: https://btcvol.info/
My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalksearch.org/topic/hacks-puppets-forks-how-to-destroy-bitcoin-1834310
Bitcoin nowadays is very volatile and those who have patience to hold will reap the fruits of success on holding their coins.Eventually this would happen anytime because bearish market has ended. What are your thoughts??? What should we do??
As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate
The bitcoin volatility index for present day can be seen at: https://btcvol.info/
My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalksearch.org/topic/hacks-puppets-forks-how-to-destroy-bitcoin-1834310
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