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Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 26. (Read 57682 times)

sr. member
Activity: 504
Merit: 250
I think there is still a possibility that bitcoin prices will increase again by the end of year, and holding bitcoin is a good long-term investment, even though the current bitcoin price is not stable but it isnt an obstacle to keep investing with bitcoin.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Its Volatile and its perfect to acquire few more Bitcoins and hold it. This volatility is just for a time being, and the value will surely rise.
Previously also it had crazy fluctuation, but now you can see the value. So better if you can, hold it.
I think he has the doubt about the price that itr will drop in this volatility but he do not know that now the image of bitcoin is going very good in the world and in the world economy it has achieved some value after the interest of the states in it. So in the long term it is not hard to believe that it will go rise up. So in this time holding bitcoin for a longer time is more beneficial and selling is not good right now.
I'm honestly better to switch off to another currency which recently gains its dominance significantly, there's still a chance that the currency will rise again but there's nothing wrong on holding Bitcoin, though the volatility is really a pain in the ass for some weak hands which always afraid of price dump, they'll do panic sell so.
Remember it's cryptocurrency, none of government-backed it up that the price volatility is absurdly high compared to fiat ever existed.
sr. member
Activity: 588
Merit: 256
Only with the car holding him if we do not want to feel the loss better wait until the price really goes up again, This is due to the competition with ether so that the current bitcoin price is easy to change even the value is decreasing and the movement to rise again very slowly.
hero member
Activity: 770
Merit: 500
Its Volatile and its perfect to acquire few more Bitcoins and hold it. This volatility is just for a time being, and the value will surely rise.
Previously also it had crazy fluctuation, but now you can see the value. So better if you can, hold it.
I think he has the doubt about the price that itr will drop in this volatility but he do not know that now the image of bitcoin is going very good in the world and in the world economy it has achieved some value after the interest of the states in it. So in the long term it is not hard to believe that it will go rise up. So in this time holding bitcoin for a longer time is more beneficial and selling is not good right now.
legendary
Activity: 3080
Merit: 1500
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

If you don't want to hold bitcoin anymore, would you mind sending them all to me? I will take good care of them, I promise. The volatility is what make bitcoin so special to the traders like me, because we earn profits from that volatility. If the price of bitcoin remains stable, it will not make a good trading instrument.

I believe, bitcoin has the potential go up in future and that's why I invest in bitcoin for long term. Whatever profit I earn from bitcoin, I keep them in a safe place for the future. However, the volatility is the main thing that keeps my trading alive.  
hero member
Activity: 3010
Merit: 666
You must take advantage of the volatility, by that you must be buying and accumulating Bitcoin when the price is low or is near the support line in which will act as a safety net for your investment capital. Volatility is nothing to be scared of because it what's make profit from Bitcoin, yes I know a lot of you are after a stable Bitcoin but that's what you get when no one controls the currency except for Big Players.
Traders are the only group who can benefit from the price volatility, typical investors would like to see a stable market because that makes them comfortable with their investment. Bitcoin IMO will always be volatile as it is its nature, with the limited supply and fluctuating demand, you can already expect what the market behavior will be.
hero member
Activity: 1680
Merit: 655
You must take advantage of the volatility, by that you must be buying and accumulating Bitcoin when the price is low or is near the support line in which will act as a safety net for your investment capital. Volatility is nothing to be scared of because it what's make profit from Bitcoin, yes I know a lot of you are after a stable Bitcoin but that's what you get when no one controls the currency except for Big Players.
sr. member
Activity: 1232
Merit: 250
Its Volatile and its perfect to acquire few more Bitcoins and hold it. This volatility is just for a time being, and the value will surely rise.
Previously also it had crazy fluctuation, but now you can see the value. So better if you can, hold it.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Do you trust bitcoin or not you have no other choice but to keep him in the hope to get rich. If you provoke a panic in the bitcoin market and start to sell, you have nothing to earn because of falling prices. If you do not trust bitcoin, then keep it and periodically make purchases of goods for their bitcoins.

Trusting is  the least that we can do today. As bitcoin had pumps and dumps recently maybe because of eth, some country that legalized it and profit taking. I think volatility of bitcoin is natural in every currency even real currencies are experiencing this volatility.
For the mean time, hold your bitcoin and it will be profitable by months or years.

I don't think there is another currency from a western or at least 2nd rate country that shows this volatility.
The pound got hit by brexit, elections, problems forming a government and yet it is not swinging more than 20% to the euro and the usd.

But fortunately for us, bitcoin usually has these swings upwards unlike national currencies.
hero member
Activity: 518
Merit: 500
If you believe that the price is going to stabilize or even rise again in the future, then there is no reason not to hold. It might seem that there’s a lot of uncertainty right now, but each time bitcoin faces some challenges, the price seems to move up north the more. Thinking long term would definitely help, heck even medium term investing can already give a lot of profits.
sr. member
Activity: 462
Merit: 250
Volatility is in nature of all cryptocurrencies and not just Bitcoin, so if you don't like volatility, you should not invest in Bitcoin or any other cryptocurrency available out there. If you will not hold And will sell Bitcoin at a lower price then you will only loose money from your profit margins only so wait for sometime so that Bitcoin can restore it's price and you can earn profits.
legendary
Activity: 3122
Merit: 1398
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Long term is the best way to earn in bitcoin so don't sell with small pumps only because expects that after few months or years the price of it will pump again there will be few dumps but expect after that there will be a pump so I think holding it for a long time is the best way to multiply your money.

Literally, only the bitcoin value will increase once you hold bitcoin. You must accumulate more of them. To gained quantities, you must acquired it thru buying, trading, earning or any types of accumulations method you will know. In that way, since you preferred to hold for long, the more quantity of bitcoin to be hold, the greater the value of it once the price reaches your desired target.

Always make sure that the time we will spend on holding those coins are worth to wait and spend. Don't just hold the same quantity of bitcoin. You are not satisfied anyways with $500 profit for 1 year as an average bitcoiner isn't it?
legendary
Activity: 938
Merit: 1000
Long term is the best way to earn in bitcoin so don't sell with small pumps only because expects that after few months or years the price of it will pump again there will be few dumps but expect after that there will be a pump so I think holding it for a long time is the best way to multiply your money.
That seems to make sense more than ever and more because it's not just about of which occupies the position number one in the list but that main competitor has not been able to get close enough, that's something that draws attention.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Only because of the volatility every user get profited. So never and ever an user should not think volatility as an drawback of the cryptocurrency. So holding is always a profitable thing to be done with the bitcoin as well other digital currencies.
hero member
Activity: 826
Merit: 501
Long term is the best way to earn in bitcoin so don't sell with small pumps only because expects that after few months or years the price of it will pump again there will be few dumps but expect after that there will be a pump so I think holding it for a long time is the best way to multiply your money.
hero member
Activity: 1022
Merit: 503
Do you trust bitcoin or not you have no other choice but to keep him in the hope to get rich. If you provoke a panic in the bitcoin market and start to sell, you have nothing to earn because of falling prices. If you do not trust bitcoin, then keep it and periodically make purchases of goods for their bitcoins.

Trusting is  the least that we can do today. As bitcoin had pumps and dumps recently maybe because of eth, some country that legalized it and profit taking. I think volatility of bitcoin is natural in every currency even real currencies are experiencing this volatility.
For the mean time, hold your bitcoin and it will be profitable by months or years.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Yes, you are correct that price of Bitcoin is volatile but it is this volatility of Bitcoin which makes it the most desirable cryptocurrency out there. You should hold your coins and you should even try to buy more Bitcoins at lower price so that you can sell them during a pump.
Yeah volatility is the one for which bitcoin is much known about, and the volatility is the profiting thing. If there is no volatility similar to the other digital currencies then surely it could have never been these popular. So one who focus on profit it's good to buy low and sell after holding with patience.
sr. member
Activity: 462
Merit: 250
Yes, you are correct that price of Bitcoin is volatile but it is this volatility of Bitcoin which makes it the most desirable cryptocurrency out there. You should hold your coins and you should even try to buy more Bitcoins at lower price so that you can sell them during a pump.
full member
Activity: 224
Merit: 100
Bitcoin has always been volatile, but right now I'd hold at least until it's 3000$.
hero member
Activity: 3052
Merit: 606
The popularity of bitcoin is due to its volatility. The worth of bitcoin is increasing with the passage of time as you compare the past few years with today. If the price goes down best way is to hold your bitcoin until the price rise again, because I am sure the price will continue to rise as in the past and current year.
I don't think that is the only reason, I believe it's popular because it's purpose is something revolutionary which will probably change the current system from centralized to decentralized. Being volatile is the reaction of the limited supply, and this is made possible due to the users who are constantly having a demand of bitcoin and those who control the supply especially the whales, if you are a trader you love this kind of game because if you are wise you can make a decent income from the dumb money online.
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