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Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 19. (Read 57682 times)

sr. member
Activity: 700
Merit: 250
I don't think we still need to raise eye brow on Bitcoin volatility obvious to every Bitcoinner in its real sense. No matter what anybody or any author might say to disengage people from having anything done with Bitcoin, I believe we shall all take this with levity since we all knows where we are heading towards in Bitcoin tht they are mere FUDs. You just have to hold with optimism that shall soon materialize where the Bitcoin is perceived going the moon in about the next 2 quaters of the year.
full member
Activity: 560
Merit: 101
If now is the same time is very suitable for buying bitcoin and if you already have bitcoin then you better keep it alone Because now the bitcoin price is getting lower you better wait until bitcoin price back up and usually bitcoin will back up at the end year
hero member
Activity: 966
Merit: 501
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

Volatility plays an important role for the cryptocurrencies. Though it is risky, yet investment in the crypto can lead to huge amount of profits that too in a short period of time. So, it would be advisable to hold onto your bitcoins rather than selling them in a time of panic. Also you can buy the coin when it is at its lowest and then be patient and hold the coin. It can lead to great gains. Similar is the case with Ethereum. Ethereum has shown a profit of 3700% in the past year and still shows much more potential.
hero member
Activity: 1890
Merit: 831
I do think that volatility is the sole reason we are in this cryptocurrencies world its extremely beneficial for those who knows how to make a good use out of it .
Volatility let's you make profit even when the price of bitcoins goes up and down by a small margin.
By active selling and buying of bitcoins you could actually be able to accumulate a lots of profit if done right.
being volatile makes it kind of similar to the share market but the only thing is it's... More stable than that ..
People who brought super low are now millionaires and you think volatility is bad ? It isn't ..
hero member
Activity: 840
Merit: 502
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
One of the most important points of holding your coins is precisely to avoid the volatility, the more you buy and sell your bitcoins the more you are exposed to the volatility of the market, a holder may seem to be exposed to the same risks but that is not correct if a holder decides to keep his coins for years then the daily volatility is irrelevant to him.
member
Activity: 714
Merit: 11
BountyMarketCap
because the chances of going up to the moon are huge. fluctuations which means it can go up drastically and can rise drastically, the point is not stable and we still have hope to get a high price after falling.
sr. member
Activity: 1183
Merit: 251
You are not a real bitcoiner or else you wouldnt have said these words as all the true btcsians are well aware of its volatility Smiley
The market value of bitcoin was very much volatile since the beginning and that it is not a new thing for the ones who are dealing in bitcoin and other crypto currencies since some good period. holding has nothing to do with the volatile nature of bitcoin and that you can still hold your coins at time when the market is falling but for that you really need to be patient.
It just seems that he doesn't know bitcoin since long time and hasn't taken a time for learning the price cycle of bitcoin yet as for now. Bitcoin has gained its popularity mainly because the price rally and people are still get panic by this "really usual" thing happens in cryptocurrency world.
I mean come on guys, we've through all these volatility since the beginning and why there's someone still wondering why the price is so volatile.
newbie
Activity: 154
Merit: 0
That's why many people and investors using bitcoin, becouse of it volatility. Maybe its hard to predict the price of bitcoin, but there's an opportunity in volatile. Buying bitcoin and other altcoins when the price is cheaper and hold it. Patient is the key, and wait for the right time to trade it.
sr. member
Activity: 774
Merit: 250
we have to hold back the bitcoin we have, because the bitcoin price changes are not only cheap, there will be a time when bitcoin prices go back up, and if we patiently hold the bitcoin, then we can sell it when the price goes up.
Although bitcoin prices were so volatile our good thing that we can do is to hold. Cheap prices should buy when you have funds and since volatile it will go up. Hold because bitcoin is a big opportunity for all the users.
sr. member
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
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
Its up to you if you will still buy and hold bitcoin. But I think, because of its volatility, bitcoin became famous. Some of us would consider that bitcoin's volatility can only give us negative outcomes which is not true. It depends to us how we will handle our bitcoin as well as our time and money.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
Yea thats my question too. i was following the forum and now thinking of joining the btc so help me out please
While OP is complaining about the volatility of bitcoins, others have been able to use it and make some really good profits as a result which i believe we should all take advantage off because whiles we hold for the long time, we can buy low and sell high as well.
newbie
Activity: 122
Merit: 0
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.

I do not know what to do but hold back her
newbie
Activity: 30
Merit: 0
Yea thats my question too. i was following the forum and now thinking of joining the btc so help me out please
full member
Activity: 504
Merit: 106
You are not a real bitcoiner or else you wouldnt have said these words as all the true btcsians are well aware of its volatility Smiley
The market value of bitcoin was very much volatile since the beginning and that it is not a new thing for the ones who are dealing in bitcoin and other crypto currencies since some good period. holding has nothing to do with the volatile nature of bitcoin and that you can still hold your coins at time when the market is falling but for that you really need to be patient.
full member
Activity: 490
Merit: 100
we have to hold back the bitcoin we have, because the bitcoin price changes are not only cheap, there will be a time when bitcoin prices go back up, and if we patiently hold the bitcoin, then we can sell it when the price goes up.
member
Activity: 274
Merit: 10
this now is right time buy much bitcoin, because bitcoin price now is low under 1000 dollar
you can buy much bitcoin and hold in long time

Well said bro,  i already buy btc for holding it.  For me i just hold btc while its still in a low price and then when times come to bloom btc i absolutely have a 2x fold of btc soon. So i suggest just hold it for now and have patience
jr. member
Activity: 84
Merit: 4
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

When you talk about volatility, you should also consider the ups happening. Bitcoin was able to give returns like 100% in a  month or even less because of this volatility only. I think the best time to buy some is when prices have dropped to 10% or more in a single day. I am using  a similar approach for Ripple currently and making huge profit with this. In case you are worried with bitcoins being that much volatile, just withdraw all your holdings when the prices recover. It is anyway no a right choice now for short term trading.

jr. member
Activity: 210
Merit: 1
I think it's better to hold for now than take the risk because bitcoin's prices are
currently low and unstable. Volatility is something we are all accustomed to by now,
it isn't just the dips that compromises the said volatility, but price increases are very
well integrated with it. Holding might be the best thing you have going with bitcoins, considering
you still have them. Besides on any red day, selling bitcoins isn't really advisable, hold and wait for
price increases. That's how volatility should work well with bitcoins. Patience and strategy plays well with volatility.
full member
Activity: 476
Merit: 100
www.daxico.com
The decision is always with us whether we are going to hold or sell our cryptocurrencies we have in our wallet. Volatility of bitcoin is already natural so it's already expected that price will go down drastically. So for me, why should i sell if i'm already losing? That's why i will just hodl my bitcoin for a while and see how the prices go in the next few weeks or months.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If you buy bitcoin right now you need to hold it because the price is really low. This is the right time to invest bitcoin, then hold it for long term. Being volatile of bitcoin is risky if sell it. It's better to hold it than to sell for the safety of your profit.

nothing we can do except still hold for a while unless we really need the money then we can sell it right now. but if you don't have any urgent needs then I suggest to you to still hold it especially if you can hold it for a long-term. many people realize that if they can hold until at least 1 year, they can make a lot of money from bitcoin. I cannot imagine how if we can buy bitcoin in a few years ago when the price is on $200 or even lower than that price, I guess right now, we can sell it at any price because we make a lot of profit.
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