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Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 24. (Read 57643 times)

sr. member
Activity: 406
Merit: 255
If you are a true supporter of crypto currencies then you have to get used to the constant swings in the price of bitcoin. Those who have been with bitcoin do not pay attention to it, and many earn good money. If you are willing to wait and is affected by emotions then you better not have anything to do with bitcoin.
full member
Activity: 588
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??
Yes bitcoin is volatile now.But still I am loyal to bitcoin.Come what may I will stay on bitcoin.Because bitcoin in my life gives life to me.Bitcoin provides the needs of my family so I will not leave of bitcoin in my life.Its good to hold bitcoin because theres a future big high price waiting in the future for everybody wants to achieve it.


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
hero member
Activity: 1092
Merit: 500
It is right that because of the volatility of bitcoin it became famous, However I do believed that keeping holding bitcoin in a long term was still a good idea for us to reap big profit in a long run were everybody can avail the big benefits also into bitcoin. So lets us continue to hold it due to it will become 13000$ or more next year of each bitcoinBTC Smiley
sr. member
Activity: 868
Merit: 256
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

You hold for the same exact reason. Volatility. It can work for you in two ways. In a good way and bad way. Since the price of bitcoins is very volatile, you'll neve know how its price wil rise or fall in the future. So hold some and trade some. Dont hold or trade it all.  The beauty of trading is in the hands of the trader/investor. Its how you deal with flactuations and what you do in the situation that matters. Volatility is always a part of this type of investment. So instead of trying to avoid it, learn how to deal and rise above this waves.                       
full member
Activity: 266
Merit: 122
Bitcoin has been known for volatility though for the past years it experience decreases in value still it manage to go up and give reasonable outcome I think even if it's feature is like that still bitcoin is a good investment and holding it for long term purpose will give higher returns we'll see what will be the result of august 1 if it will favor the users and investors but I hope somehow it will.
legendary
Activity: 2912
Merit: 1068
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It's the nature of Bitcoin to be volatile, that should know every user. And volatility isn't necessary bad thing, on that traders make money. The price will always move up and down it just can't completely be stable and it's your decision how are you going to use this characteristics, whether this will be your advantage or disadvantage.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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 it is one of the advantage of the bitcoin. The volatile of the bitcoin is the reason why many people wants to hold bitcoin. I prefer to you to hold bitcoin because there are big possibility that the price will suddenly up.

Well if you have a lot of time and patience to observe the movement oe the volatility of btc then i think doing day trade ia good. Though i'd leave that for other alts as btc's movement is not as active as lesser altcoins. People holdong for a long time are looking for bigger earnings qithout having to monitor their btc all the time
sr. member
Activity: 1428
Merit: 358
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 it is one of the advantage of the bitcoin. The volatile of the bitcoin is the reason why many people wants to hold bitcoin. I prefer to you to hold bitcoin because there are big possibility that the price will suddenly up.
sr. member
Activity: 658
Merit: 256
Freshdice.com
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 will depend on one's decision. If you want to assure the profit that you'll gain from your btc, it is okay to sell it now. But if you are aiming for bigger profit and can wait for a period of time, it is also good to hold you BTC until its value increase by multiple times. Knowing that its value is increasing week(s)  after the dipping of its value comes to its place, is good, in this way, people will less worry about deflations. Due to the btc's volatility which is sometimes high and sometimes low, it is not impossible that one day , inflation will be continuous, sounds good to those who holds their wealth.
hero member
Activity: 2926
Merit: 636
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I'm thinking the exact same thing, but reading other peoples posts, I believe it may be a smart move to hold, as it'll increase wayyy more soon.
Success will be possible for us if we believe that bitcoin will be the future and now is the right time to invest to profit tomorrow, some people has different views but I believe majority of the people here in this forum believe that bitcoin will be a success. Maybe you can also read some negative comments about bitcoin but we cannot be sure if they really meant it, they could be doing it to cause panic so they can buy, we really do not know so we have to be smart all the time.
full member
Activity: 266
Merit: 100
I'm thinking the exact same thing, but reading other peoples posts, I believe it may be a smart move to hold, as it'll increase wayyy more soon.
hero member
Activity: 1428
Merit: 653
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I think volatility is not a new thing to bitcoin prices and it's been there for long but you may have noticed and even experienced and tasted the benefits of it. The only thing to keep in mind here is don't sell when you encounter a low in bitcoin price instead buy more and reap the benefits later when there's a surge in prices.
hero member
Activity: 518
Merit: 500
All these volatility would be forgotten if you only invest for the long term. The noise brought about by the rise and fall in the short term will only serve to make bitcoin stronger, that is if it keeps going like this. The long term chart still looks pretty impressive and doesn't seem to go south any time soon. And with adoption slowly on the rise, and developments on the tech side aimed at making transactions faster, bitcoin looks poised to remain the top crypto currency for years to come.
legendary
Activity: 3458
Merit: 1280
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Every currency is volatile. Just check the last 10 years EUR/USD chart and look how many times it lost 50% of the value and gained again

Euro is not a very good example here

Since it has been sticking around (as a currency represented by actually existing money tokens) for less than 20 years. It entered circulation on January 1st, 1999, first in its non-physical form (i.e. as electronic money). If you really want to assess fiat money volatility, you'd better look into such long established currencies like British pound and Swiss franc. That will give you a better view and understanding of volatility among major monies
hero member
Activity: 672
Merit: 500
No need to worry, Bitcoin is pretty much famous for how volatile it is, and how rapidly the prices drop and go up. A lot of the people who are interested in Bitcoin are because of how volatile it is. Bitcoin is also decentralized which is what makes Bitcoin so volatile.

You could actually try to use this to your advantage and a chance to stock up your Bitcoin, when Bitcoin hit 2K, a lot of people bought Bitcoin and then the price of Bitcoin recovered and now we are at 2.7K.
hero member
Activity: 994
Merit: 502
it's obviously bitcoin backthen are already volatile because it is a decentralized currency on my own point of view bitcoin price are depending on the people who actually investing and traders where they are selling and buying bitcoin. that's one of the reason why bitcoin is not stable but still i even holding it on since then because the price has more potential to pump than to have a big dump.
Volatility is the common nature with bitcoin, so nothing to worry about the same as the entire network functions on a decentralized platform. Majority of the users get attracted of the volatile nature, which cannot be found much on stocks, shares and other forms of trading or other profit making assets. Holding unlike its volatility is a good way of profiting.
sr. member
Activity: 2030
Merit: 356
Well every market i think the price is really volatile, but when you see it in a long term period you will see if dumping or pumping, markets are usually designed for long term purposes and i believe holding on it will surely make you a winner in the future.

Well thats the beauty of bitcoin price. Some will sell at 2700$ price now thinking that it is the best price and in few months they will regret if the price touched 4000$ or more. There is no definite certainty where the price will go, up or down and traders get benefit from this situation as they can better predict the future outcome of bitcoin prices.
hero member
Activity: 910
Merit: 550
it's obviously bitcoin backthen are already volatile because it is a decentralized currency on my own point of view bitcoin price are depending on the people who actually investing and traders where they are selling and buying bitcoin. that's one of the reason why bitcoin is not stable but still i even holding it on since then because the price has more potential to pump than to have a big dump.
sr. member
Activity: 798
Merit: 268
Every currency is volatile. Just check the last 10 years EUR/USD chart and look how many times it lost 50% of the value and gained again.

Thats true, all of them are really volatile but if you see at the chart you will know when to buy, when you do trading make your plan and execute it well, trading is about analyzing the market, study for it and im sure you will never be hyped.
sr. member
Activity: 1330
Merit: 291
I can't completely advise you to hold, for either to sell or hold is up to you. I agree with you that bitcoin is volatile because that is the nature of every currencies. People that will eventually hold there bitcoin for a longer time period will reap abundantly from there investment, and that is sure.
 
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