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Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 30. (Read 57682 times)

legendary
Activity: 3654
Merit: 1165
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OP - Well you are very correct because the trend above 122$ to be stable is very difficult in charts to look for. And also if you observe a weeks time its being hovering around 1200 $ and mostly it has fallen once it has rise and today if you see form 1205$ it has fallen now to 1175 some time back. And now back to 1185$ approx. So best thing is to sell at this time and invest or buy more when price falls in coming time.
Right. It is volatile but that’s because when you invest you should be planning to do it for the long run. If you are trading you take advantage of the volatility and use that to make money. For investing, you hope that as time passes, even though there will be countless ups and downs on the whole the price will hopefully slowly rise causing you to be able make a profit off of your investment. So, wait 10 years and then decide.
sr. member
Activity: 490
Merit: 251
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This is one of the things that really hold Bitcoin from being held by the big major money investment groups, as they all want some sort of risk to make some absurd amount of returns but they don't want that much risk. And they're pretty much unable to say if Bitcoin is going to go up or down like the rest of the stock market with the amount of paperwork they put out regarding their company.

I hold some amount of Bitcoin but the only reason I do this is because I actually earned all of this money in Bitcoin so it's not something that is crazy dear to me like my savings account or any other investment account would be for me.

It's pretty simple and I doubt people on the forum would accept that it's tough to hold without questioning and I don't know how many people say it and do it with the insane amount of risk associated. As we know, Bitcoin could lose all its value in a day and it's happend before.
hero member
Activity: 1218
Merit: 557
OP - Well you are very correct because the trend above 122$ to be stable is very difficult in charts to look for. And also if you observe a weeks time its being hovering around 1200 $ and mostly it has fallen once it has rise and today if you see form 1205$ it has fallen now to 1175 some time back. And now back to 1185$ approx. So best thing is to sell at this time and invest or buy more when price falls in coming time.
hero member
Activity: 896
Merit: 500
Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.

That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet.
Yeah, I'm doing like that my Bitcoin hold for future, But some of my Bitcoin I used to altcoin trading,
not trading bitcoin. Because the trading bitcoin is very slowly the price movements in the market,
in contrast to trading altcoin. Also the bitcoin Trading needed a large capital than trading altcoin.

Yes and to make profits from bitcoin trading you also need to wait for a long time and you also don't know whether price will go higher or lower in coming days but in altcoin you can make good profits even with a small capital and price pumps and dumps is very common in altcoin so you can make short term profits.
That's because, the price movement of altcoin is faster than the movement of the Bitcoin.
So the profit or loss will be quickly too we are get. I've always taken advantage
3-5%/day by trading altcoin, because I do not like to Hold long time coins which I trade.
legendary
Activity: 3514
Merit: 1280
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Volatility of BTC has nothing to do with holding it. If you buy/hold Bitcoins for long term, then it is mandatory to ignore the fear of price increase and decrease. And Bitcoin generally has potential, so just hold it and ignore the up and down when you think of your holdings. And sell it when you reach your target price.
The price of Bitcoin will be volatile forever, so if we want to invest for the long term
is really a good way to make bitcoin. I think holding some Bitcoin for future is surely be profitable.
Price of bitccoin won't volitile forever once its holders get widespread. Holding and buying more when volitality occur, is the effective way in taking the advantage of volitality

What do you mean by spreading Bitcoin holders?

I guess the geographical location of these holders is utterly irrelevant and inconsequential to Bitcoin volatility since you can trade as easily from New York as from Antarctica provided you have more or less decent Internet access (but it is nowhere near such extremities in real life). If you actually mean more even distribution of wealth among Bitcoin holders, that will likely bring down Bitcoin volatility but with prices rising we are expected to see even more volatility (more virtual whales get created with the price growth)
sr. member
Activity: 322
Merit: 250
I would just add that anybody who wants to hold should just do that with hope. Because whether you hold or sell, you are not the only one as if anything is going to happen, its happening to several people who cuts across several places of the world. In addition to that, I am sure those who held in the past also are not sure of the future but did it with hope which paid of.
sr. member
Activity: 462
Merit: 250
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Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.

That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet.
Yeah, I'm doing like that my Bitcoin hold for future, But some of my Bitcoin I used to altcoin trading,
not trading bitcoin. Because the trading bitcoin is very slowly the price movements in the market,
in contrast to trading altcoin. Also the bitcoin Trading needed a large capital than trading altcoin.

Yes and to make profits from bitcoin trading you also need to wait for a long time and you also don't know whether price will go higher or lower in coming days but in altcoin you can make good profits even with a small capital and price pumps and dumps is very common in altcoin so you can make short term profits.
hero member
Activity: 2786
Merit: 902
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Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.

That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet.
Yeah, I'm doing like that my Bitcoin hold for future, But some of my Bitcoin I used to altcoin trading,
not trading bitcoin. Because the trading bitcoin is very slowly the price movements in the market,
in contrast to trading altcoin. Also the bitcoin Trading needed a large capital than trading altcoin.

That is because bitcoin is more stable than altcoins which are extremely volatile compared to it. Volatility can both give negative and positive

situations. Either you go to investment or trading volatility can create losses or winnings. As for me I take advantage of this. I hold a portion of my

bitcoins for a long term investment and also doing altcoin trading.
hero member
Activity: 896
Merit: 500
Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.

That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet.
Yeah, I'm doing like that my Bitcoin hold for future, But some of my Bitcoin I used to altcoin trading,
not trading bitcoin. Because the trading bitcoin is very slowly the price movements in the market,
in contrast to trading altcoin. Also the bitcoin Trading needed a large capital than trading altcoin.
g83
sr. member
Activity: 448
Merit: 250
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Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.

That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet.
legendary
Activity: 1232
Merit: 1091
Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.
sr. member
Activity: 994
Merit: 302
Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.
hero member
Activity: 896
Merit: 500
Volatility of BTC has nothing to do with holding it. If you buy/hold Bitcoins for long term, then it is mandatory to ignore the fear of price increase and decrease. And Bitcoin generally has potential, so just hold it and ignore the up and down when you think of your holdings. And sell it when you reach your target price.
The price of Bitcoin will be volatile forever, so if we want to invest for the long term
is really a good way to make bitcoin. I think holding some Bitcoin for future is surely be profitable.

why do you say "forever". because to be honest i can't see any reason why bitcoin can not reach more popularity, a bigger market and some bigger exchanges so that the price becomes less affected by the news and as a result becomes more stable.

and this IS happening anyways. for example you can compare it with 2013. by that time it was so volatile that price went from $200 to $1100 (450%) in only one month. or before that there was another big rise that i forgot, i think it was from $4 to $20 (400%) or something like that. but we can't see any of that anymore.

Because I see, every year the price of Bitcoin surely will be increased,
yeah it's price for long term not for short term, we can see that between
last year to this year, Yes for now the price of Bitcoin will be stable, but I think it's just briefly.
hero member
Activity: 882
Merit: 500
I'm going to be straight with you.

I do like bitcoins but the price thing really makes me afraid. So usually buy/accept BTC whenever the price is lower than 1k and wait till it rise up again.
I didn't earn that much as I was still scared but hey it's not bad. Actually a lot of ppl got into bitcoins cuz of the potential it has to earn from exchange rates like these.

I don't know whether you should keep them or change to fiat as I read a topic around here about splitting bitcoins into two new coins or smth ? chinese and normal ? idk really.
yeah , you are right mate , Here I will say somewhat same like this .
Here I will say if you already hold the bitcoin then keep the bitcoin in your wallet Because in the current month the price of the bitcoin will not ho jump Because here is no one reason to get fluctuate more .
So here you just need to keep your bitcoin in your wallet and wait for the month .
Here I am thinking that the price of the bitcoin will go down according to the fork ( I don't know what the actually is but it will give birth to another coin BTU)
sr. member
Activity: 896
Merit: 268
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Volatility of BTC has nothing to do with holding it. If you buy/hold Bitcoins for long term, then it is mandatory to ignore the fear of price increase and decrease. And Bitcoin generally has potential, so just hold it and ignore the up and down when you think of your holdings. And sell it when you reach your target price.
The price of Bitcoin will be volatile forever, so if we want to invest for the long term
is really a good way to make bitcoin. I think holding some Bitcoin for future is surely be profitable.
Price of bitccoin won't volitile forever once its holders get widespread. Holding and buying more when volitality occur, is the effective way in taking the advantage of volitality.
hero member
Activity: 770
Merit: 500
Bazinga!
Volatility of BTC has nothing to do with holding it. If you buy/hold Bitcoins for long term, then it is mandatory to ignore the fear of price increase and decrease. And Bitcoin generally has potential, so just hold it and ignore the up and down when you think of your holdings. And sell it when you reach your target price.
The price of Bitcoin will be volatile forever, so if we want to invest for the long term
is really a good way to make bitcoin. I think holding some Bitcoin for future is surely be profitable.

why do you say "forever". because to be honest i can't see any reason why bitcoin can not reach more popularity, a bigger market and some bigger exchanges so that the price becomes less affected by the news and as a result becomes more stable.

and this IS happening anyways. for example you can compare it with 2013. by that time it was so volatile that price went from $200 to $1100 (450%) in only one month. or before that there was another big rise that i forgot, i think it was from $4 to $20 (400%) or something like that. but we can't see any of that anymore.
hero member
Activity: 728
Merit: 537
I'm going to be straight with you.

I do like bitcoins but the price thing really makes me afraid. So usually buy/accept BTC whenever the price is lower than 1k and wait till it rise up again.
I didn't earn that much as I was still scared but hey it's not bad. Actually a lot of ppl got into bitcoins cuz of the potential it has to earn from exchange rates like these.

I don't know whether you should keep them or change to fiat as I read a topic around here about splitting bitcoins into two new coins or smth ? chinese and normal ? idk really.
hero member
Activity: 896
Merit: 500
Volatility of BTC has nothing to do with holding it. If you buy/hold Bitcoins for long term, then it is mandatory to ignore the fear of price increase and decrease. And Bitcoin generally has potential, so just hold it and ignore the up and down when you think of your holdings. And sell it when you reach your target price.
The price of Bitcoin will be volatile forever, so if we want to invest for the long term
is really a good way to make bitcoin. I think holding some Bitcoin for future is surely be profitable.
sr. member
Activity: 1232
Merit: 250
Volatility of BTC has nothing to do with holding it. If you buy/hold Bitcoins for long term, then it is mandatory to ignore the fear of price increase and decrease. And Bitcoin generally has potential, so just hold it and ignore the up and down when you think of your holdings. And sell it when you reach your target price.
legendary
Activity: 3528
Merit: 7005
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Reduces the grown now but still hold me because I know that much higher
Very well said, and I'd like to second this.  I'd like very much to reduct my grown now and be much higher profit with trading and gambling and price up & down.

Did I get the shitposting part of that correct?

As to OP:  grow a fucking nutsack, you stretchmark-lipped mongoloid.  Volatility is part of this whole game, and if you can't stomach it--and can't profit from said volatility--you're playing the wrong game.  You need a plastic bat and a soft, harmless plastic ball tethered to a pole, and you can play that one from your backyard with a helmet on.
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