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Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 13. (Read 57641 times)

newbie
Activity: 25
Merit: 0
Don't go checking the price of bitcoin daily.  That's a recipe for heartbreak, rather hold and have a long term projection
full member
Activity: 378
Merit: 100
With fluctuating prices we are actually in demand to always observe the movement at any time so that with any small chance that traders are still able to create an income and make them more motivated to continue to invest.
newbie
Activity: 224
Merit: 0
The price keeps on changing almost everyday. But regardless of its volatile price, many people are still looking up to it. It is because it you'll earn much bigger profit if its volatile.
Although the price of BTC fluctuations but we do not care much, if you decide to hold them for a long time then postpone the regular price check. If you check the price often will cause you psychological anxiety, so be calm, trust the future of the BTC and you will get the surprise at the end of this year.
sr. member
Activity: 420
Merit: 250
In my opinion, volatility is actually a great advantage for bitcoin user most especially to those cryptotraders out there. This actually helps us to play oir holdings much better, knowing that its price is so volatile, trading and holding is definitely the better option, simply holding your bitcoin is good, but to be able to play with what you have is better.
Holding is something that has always generated positive results for bitcoin and this is why all the experts give this piece of advice of holding bitcoin when the market seems to crush badly. You never know exactly what is going to happen in the next second in the crypto market and that’s why it is necessary to keep always bitcoin in wallet in order not to miss any important opportunity of making huge money.

Volatility is the thing that make you earn money from bitcoin. Without it, it's hard to make money from trading. So it's also a reason to hold bitcoin if you ask me. Learn it better please.

This is why we need volatility for bitcoin on the global exchanges.
sr. member
Activity: 952
Merit: 251
In my opinion, volatility is actually a great advantage for bitcoin user most especially to those cryptotraders out there. This actually helps us to play oir holdings much better, knowing that its price is so volatile, trading and holding is definitely the better option, simply holding your bitcoin is good, but to be able to play with what you have is better.
Holding is something that has always generated positive results for bitcoin and this is why all the experts give this piece of advice of holding bitcoin when the market seems to crush badly. You never know exactly what is going to happen in the next second in the crypto market and that’s why it is necessary to keep always bitcoin in wallet in order not to miss any important opportunity of making huge money.
full member
Activity: 378
Merit: 100
In my opinion, volatility is actually a great advantage for bitcoin user most especially to those cryptotraders out there. This actually helps us to play oir holdings much better, knowing that its price is so volatile, trading and holding is definitely the better option, simply holding your bitcoin is good, but to be able to play with what you have is better.
newbie
Activity: 154
Merit: 0
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


My opinion about this is that I have to hold my coins because of its volatility. Not is exactly what I need to put in mind that it is not all the time low, it will suddenly rise at the time we least expect. And that is the reason why everybody is holding because all are waiting for the good investment return.
full member
Activity: 238
Merit: 100
The volatility of Bitcoin is the main thing why it's so popular. its price can increase in instant but not all the time. and those people who hold their Bitcoin are the ones who get the jackpot, sometimes. So for me, if you have a Bitcoin, just hold it for a while and wait for the right time to sell it.


Good idea, the thing is, when is really the right time to sell? That my friend is the trillion dollar question. And the real thing is that no one in this world really does know when is the exact time to make the biggest profit possible for investments. The only thing people can do is to analyze charts and hope for the best that they get as much profits as they can. But not all can do this, which is why a lot of people lose their money.
hero member
Activity: 1008
Merit: 500
I think it's better to hold bitcoin until prices back to normal. Fluctuations like this in my opinion reasonable in bitcoin, I'm sure in a few months it will go back to normal and prices will rise. But if have money maybe to buy some bitcoin, it will be able to get profit. In conditions of bitcoin now hold and buy is a good choice. With bitcoin prices that very volatile right now, I am is better to hold and buy because it would be good for long term.

You can always monitor the market if the strikes are very good then you trade when the price is getting higher that is the reason why people are just using bots now a days even it was illegal but still the best thing to do is to trade manually in order to earn experience.

The problem with monitoring the market consistently from time to time is you're exposing yourself to the risk of being emotionally affected by the market movement. Volatility can victimize you in the short term that's why i'm more comfortable in holding a coin that i believe has potential
Those who have lots of time to constantly monitor the market prices will easily get benefit from volatile prices with short term trading. But if we have no time to monitoring the market prices due to busy activities, then holding like way you do it is the best.
full member
Activity: 434
Merit: 117
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
It is true that the bitcoin is so volatile, the reason why we should hold bitcoin is because it has potential in the cryptocurrency market even its price is unstable. The bitcoin has limited supply and its value is continuing to rise up.
hero member
Activity: 1246
Merit: 529
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I think it's better to hold bitcoin until prices back to normal. Fluctuations like this in my opinion reasonable in bitcoin, I'm sure in a few months it will go back to normal and prices will rise. But if have money maybe to buy some bitcoin, it will be able to get profit. In conditions of bitcoin now hold and buy is a good choice. With bitcoin prices that very volatile right now, I am is better to hold and buy because it would be good for long term.

You can always monitor the market if the strikes are very good then you trade when the price is getting higher that is the reason why people are just using bots now a days even it was illegal but still the best thing to do is to trade manually in order to earn experience.

The problem with monitoring the market consistently from time to time is you're exposing yourself to the risk of being emotionally affected by the market movement. Volatility can victimize you in the short term that's why i'm more comfortable in holding a coin that i believe has potential
member
Activity: 308
Merit: 10
I think it's better to hold bitcoin until prices back to normal. Fluctuations like this in my opinion reasonable in bitcoin, I'm sure in a few months it will go back to normal and prices will rise. But if have money maybe to buy some bitcoin, it will be able to get profit. In conditions of bitcoin now hold and buy is a good choice. With bitcoin prices that very volatile right now, I am is better to hold and buy because it would be good for long term.

You can always monitor the market if the strikes are very good then you trade when the price is getting higher that is the reason why people are just using bots now a days even it was illegal but still the best thing to do is to trade manually in order to earn experience.
full member
Activity: 420
Merit: 100
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
As a believer of this technology bitcoin is worth for holding because the demand is always been high and it almost reach the max supplies  for sure bitcoin price will increase more, Volatility is the character of bitcoin it might be good because for faster grow of price but it's very risky also, So we need a right timing before we sell our bitcoin, patience is also needed to become success in holding bitcoin.
newbie
Activity: 196
Merit: 0

By holding it in some time ahead, in the hope you can achieve big profits.
Bitcoin selling price is now falling as low as low.
You have to wait to get a big profit.
hero member
Activity: 1008
Merit: 501
Yes it is very volatile right now, but you yourself supposed to know that being volatile is one of the risks that are involved in making use of Bitcoin and other cryptocurrencies. You never know what will happen next, the price might go up when you least expected and that might the time you already quit, and you will just end in regret.

If you can’t continue to hold you can withdraw your money to cut the loss and wait till the price starts to go up and you can invest it back. But as I said before? It might be the time you withdraw that the price will go up, so it’s left for you to choose.
full member
Activity: 560
Merit: 107
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
For me, it will depend on the person if she/he will still hold their bitcoin. Yes, bitcoin’s value is volatile too much right now but if you can still hold your bitcoin because you don’t need extra money why you should sell it because of the reason it is volatile to much? Or you are afraid you one day all your investment in bitcoin will be worthless. In the early days of bitcoin, bitcoin’s value also drops too much that most of its users think its just a bubble/many controversial happen and sell their bitcoin. But some people or users keep on believing because for many reasons and after 3-4 years bitcoin’s increase at 100% or above now these people become a millionaire or billionaire with the help of bitcoin. So if you, can afford to hold your bitcoin should hold your bitcoin because bitcoin’s cost is fluctuating too much maybe after this year-end bitcoin reach $25,000 or above.  Smiley
newbie
Activity: 154
Merit: 0
As any cryptocurrency, it is not supported by any physical value. Plus it is not something humans can not live without, so it defined to be volatile until it's structure changes.
member
Activity: 196
Merit: 10
The price keeps on changing almost everyday. But regardless of its volatile price, many people are still looking up to it. It is because it you'll earn much bigger profit if its volatile.
newbie
Activity: 58
Merit: 0
One thing is proven now, btcs dont betray in long run, however be the tactics you follow.
newbie
Activity: 98
Merit: 0
Because the price of bitcoin is not fixed, it can decrease or increase quickly, which causes the bitcoin to fluctuate. As I think if you are a smart investor then you should be patiently waiting for stable prices and choosing the right time to sell and make a profit.
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