Bitcoin's price is so volatile right now! Why should I even hold? - page 21.

marcbitcoins

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Quote from: centralbanksequalsbombs on March 24, 2017, 11:20:04 PM

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

At the first place, we already knew that joining Bitcoin or crypto currencies is risky because of the major reason of volatility in which Bitcoin price is unpredictable. If you know about this better you never joined Bitcoin investments from the start because you are mentioning volatility but you did not put it into consideration therefore you are just wasting your time. If you will not hold then better sell it all and don't join this volatile kind of investments again.

ninche

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all coins are so volatile.there is no stable coin to hold

goku1525

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Quote from: gledek on February 23, 2018, 05:06:12 PM

better hold your coin first, wait for the price back to normal or high price. for this price reduction is a natural thing, so do not panic, if you can buy more coins now to further increase profits.

If you are holding for a long term or short term dont be panic because in this kind of transaction was created by its volatile with normal price and no one can predict of its price. I suggest you to hold your coins and buy more coins due to the price is down. If you sell those coins, you will be regrets because of your mistake with the word PATIENCE.

gledek

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better hold your coin first, wait for the price back to normal or high price. for this price reduction is a natural thing, so do not panic, if you can buy more coins now to further increase profits.

Rooster101

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Bitcoin is created with accompanying volatility so expect it to be volatile throughout of its virtual existence and it has only two price cycle- rise and fall. An uptrend is always followed by correction so all you have to do is wait for bitcoin price to go up again and then take profits. The time for waiting may be differ depending on a situation like prolonged government crackdowns and persistent FUDs that affects bitcoin rise. If you believe in hodl then try it because hodl is still one of the best strategies if you want to take profit in the future.

bosimpson54

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Quote from: Sithara007 on March 25, 2017, 01:59:37 AM

The exchange rates have dropped by as much as 30% during the last 2-3 weeks, partly due to the tough competition with Ether. But my opinion is that, you should hold your coins, and if possible buy more. Ether is just an inflated balloon. No one knows when it is going to crash.

Bitcoin is easy to volatility, but it is difficult for it to return to high levels. If Bitcoin has a stable level for some time it will increase, but there are more risks because Bitcoin Day As the signs get worse, many investors sell their Bitcoins

resty

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Quote from: centralbanksequalsbombs on March 24, 2017, 11:20:04 PM

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 your decision if you wanted to hold or buy Bitcoins but I would prefer to hold some of it for the possibility of a bigger profit in the future. Holding is too risky because of its stability issues.

In terms of buying buying bitcoins, it is practical to do it when it experience price drop which is happening currently. Actually this price drop is way too far from before, it dumps hardly more than half.

And I just want to correct you about what was stated to your subject, it must be "sell high, buy low".

carlisle1

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Quote from: ekoice on March 25, 2017, 12:16:32 AM

Quote from: centralbanksequalsbombs on March 24, 2017, 11:20:04 PM

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 is already famous for its volatility.But not that much like altcoins.Just hold your bitcoins.Very soon,you will reap benefits.Holding bitcoin in long term would be beneficial than short term.

if the OP listen to your advice,hes a rich man by december last year,because of the pump bitcoin has made,hitting almost $20,000 ,but today ofcourse it drop high too.and everyon is tense upon waiting what will be the price for tomorrow,will it pump or another dump.no one knows so lets see

Rufsilf

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You should hold, because the price of bitcoin is volatile but it will go up sooner than later and it is just giving the other people a chance that they should get into bitcoin or else bitcoin will never do this kind of opportunity again. People are now hesitating because they are seeing huge decrease but for a veteran, they know that they should just buy and hold.

Joriecoinbit

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Quote from: maydna on February 07, 2018, 12:28:24 AM

Quote from: nemesis_ on February 06, 2018, 10:50:21 PM

Quote from: cakravothy on March 25, 2017, 05:25:34 AM

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

Yes. Bitcoin volatile means it changes from time to time. Its price may be lower now than the past few months but it doesn't mean that it will stay that low. It may change. It may shoot up again. We should just take this opportunity to buy more and hold it to earn more profit when it rises again.

I think with the bitcoin volatility, like or not, we can try to make a profit. I think in the future, we see this volatility more often and who knows we could still make money from this. and congratulations to people which could buy bitcoin at $62xx yesterday because they can sell it right now and wait if the price is down again like yesterday.

If I was able to buy bitcoin when the price was at $6k, I won't bother to sell it. I am planning to sell it with a huge amount and not just sell it by just $7k or $8k only. Anyway, we have nothing to do with bitcoin's volatility. It is one of its characteristics, so it's not a surprise to us if it has no stable price.

Now, why have we even hold it when in fact bitcoin is volatile? Simply because we are aiming to earn huge profit. All of us here are aiming for that. Even if its price keeps on dumping, there were always be a high chance that it will just recover and will keep on pumping. It's not always that its price is in favor of us. There will always be a time that it doesn't go with what we wanted to happen to its price. If you can't deal with it, you better leave the crypto world.

superjeyy

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The volatility of Bitcoin is a fact that is and can still be hard to comprehend by many people. It is a given that when you venture out in this platform, you will experience a variety of highs and lows. The answer to why you should hold is simple: selling won't do you and the market any good. You would end up losing more and regreting it when the time comes that Bitcoin is on a roll. You should know that despite the bumps in this crypto journey, Bitcoin always come through and that being patient often is worth it. Remember why you invested in Bitcoin in the first place, don't give up until you've reached your goal.

AjithBtc

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Quote from: Clement Kaliyar on February 06, 2018, 07:41:58 PM

Quote from: centralbanksequalsbombs on March 24, 2017, 11:20:04 PM

With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

I am just commenting here because you started this thread when the rally started in bitcoin and i am sure you never expected the price of bitcoin to touch twenty thousand dollars in the first place,that is the magic with bitcoin,you never know how high it can go in a short period of time,if you under estimate it,it will leave you behind and reach new levels,the price is always volatile and it is nothing new and it will be like that for a long time.

Yes, none could have thought that the price will go high and reach such a big margin of around ₹20000. Everything is unexpected and could take place in a very small time period. In such a thinking people lack understanding and the volatility will always continue with bitcoin. Holding is completely on users self understanding about the market and profit expectancy.

maydna

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Quote from: nemesis_ on February 06, 2018, 10:50:21 PM

Quote from: cakravothy on March 25, 2017, 05:25:34 AM

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

Yes. Bitcoin volatile means it changes from time to time. Its price may be lower now than the past few months but it doesn't mean that it will stay that low. It may change. It may shoot up again. We should just take this opportunity to buy more and hold it to earn more profit when it rises again.

I think with the bitcoin volatility, like or not, we can try to make a profit. I think in the future, we see this volatility more often and who knows we could still make money from this. and congratulations to people which could buy bitcoin at $62xx yesterday because they can sell it right now and wait if the price is down again like yesterday.

tannerchum

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Quote from: frankbit on March 25, 2017, 08:48:50 AM

You have to live your life and do not pay attention to the price. If you want to earn bitcoins then you will not succeed. It is very volatile and you can not guess when to buy and when to sell.

Be patience also if you are going to hold on for the price. Earning is a way of futureristic savings, In bitcoin you need to focus of what you are doing because it is volatile we cannot determine when to sell but you just trust yourself in doing it.

nemesis_

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Quote from: cakravothy on March 25, 2017, 05:25:34 AM

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

Yes. Bitcoin volatile means it changes from time to time. Its price may be lower now than the past few months but it doesn't mean that it will stay that low. It may change. It may shoot up again. We should just take this opportunity to buy more and hold it to earn more profit when it rises again.

The Alchemlst

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Quote from: centralbanksequalsbombs on March 24, 2017, 11:20:04 PM

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

I think that is the point, its like a six sided die that is continuously rolling, you buy and hold during off peak season and it may crash and change in value from time to time which means you will certainly reach a value you are waiting for before selling it.

BossMacko

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Why would we invest in Bitcoin? well the reason is because it is volatile, meaning the price can go down and up anytime that is when we trader can get income by risking your money in Buying volatile currency. One good thing about investing in Bitcoin is it proven itself for the past few years so why not make this an opportunity to buy Bitcoin with a lower price knowing that someday it can go very high again. That is the risk Holders took before investing.

Clement Kaliyar

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Quote from: centralbanksequalsbombs on March 24, 2017, 11:20:04 PM

With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

I am just commenting here because you started this thread when the rally started in bitcoin and i am sure you never expected the price of bitcoin to touch twenty thousand dollars in the first place,that is the magic with bitcoin,you never know how high it can go in a short period of time,if you under estimate it,it will leave you behind and reach new levels,the price is always volatile and it is nothing new and it will be like that for a long time.

RodeoX

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That is a you question man. No one can answer your investing question because the answer is unknowable by any of us.

TiffanyLien23

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We know why bitcoin is so volatile same as altcoins. But the difference is that the bitcoin has a long term when it come to its value, not like altcoin it's just a short term so you still have to buy and hold you bitcoin. It still your own decision. We all know that bitcoin is too risky and we should know that.

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