Well there is a simple philosophy in trading especially when you are in profit you should take profit and exit in volatile market rather than getting too much greedy to earn more profit and then end up with some or no profit or nay be in a loss.
Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 32. (Read 57643 times)
March 30, 2017, 10:31:50 AM
March 30, 2017, 09:31:15 AM
In my opinion, holding at the very volatile situation for bitcoin is a bad idea because you can lose the opportunities to earn more than you can possibly earn in holding for a long time. Volatility is a the best thing for bitcoin because that is how other people earn money and joining that hype is a good idea since you can at a low price and sell it for a bit higher price and then grab the profit and repeat the steps 
.
.Despite of holding, what I suggest is frequent processing on one's bitcoin. The processing envolves conversion of btc into other altcoins, earn profit and then convert them back in btc. In this way, one can increase his bitcoin along with increase in value. I tried with dogecoins and monero in last fortnight and increased my btc by 20%
March 30, 2017, 09:17:26 AM
In my opinion, holding at the very volatile situation for bitcoin is a bad idea because you can lose the opportunities to earn more than you can possibly earn in holding for a long time. Volatility is a the best thing for bitcoin because that is how other people earn money and joining that hype is a good idea since you can at a low price and sell it for a bit higher price and then grab the profit and repeat the steps .
. 
March 30, 2017, 08:57:12 AM
~~
Because you can use the volatility to your advantage, if you are going to buy don't just hold it, use it
trade it, sell it one of the reasons people are buying bitcoin is to take advantage of its volatility
if you are just going to hold, you will miss a lot of opportunity to increase you bitcoin
Yes, volatility is the charm of bitcoin, it is the only force which driven the interest of such a big folk towards it. Consider if bitcoin has no or low volatility, why would anyone even care holding it!
Trading/Investment don't belong to one with weak heart, one need to be strong enough in order to sustain volatility and to make windfall gains/losses.
March 30, 2017, 07:56:15 AM
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
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
Because you can use the volatility to your advantage, if you are going to buy don't just hold it, use it
trade it, sell it one of the reasons people are buying bitcoin is to take advantage of its volatility
if you are just going to hold, you will miss a lot of opportunity to increase you bitcoin
March 30, 2017, 05:00:34 AM
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
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
Maybe is it not good to see how bitcoin value drops down and increases, that makes it volatile.
But if you are patience, you can gain in return of holding the coin for long time. But few people dont want to take risk in the economy which is fluctuating so much and they cant afford to lose because of this up and down.
March 28, 2017, 11:22:23 AM
There are lot of reactions with bitcoins volatility, over the years if u get educated relating with it, the slide is an advantage. some coin also appreciate with bitcoin slide as investors can cash out a good value of their coin at the low price. business is as usual but I think of when we have a lot of smart traders and owner who know how to maximize the slide, then the will coin struggle to slide knowing some will take advantage of it. In years bitcoin will be a luxury for the wealthy, Luxury with appreciating value like Gold, today owners, except for those who had held on theirs will be with the luxury.
Bitcoin has its charm because of its volatility and it is not that volatile at the moment,in the past we used to see big swings in both sides but now we are not seeing those swings because we are having more people involved in it and the market capital is really huge and still we see some swings,as long as the fundamentals are strong i am happy to see these movements. 
March 28, 2017, 09:37:49 AM
OP is right, if you are not in the "hold strategy" It is a good period right now to trade bitcoin daily for profit. The price is going up and down nicely for daily traders, and some are doing quite well. So you can make some cash daily by buy and sell and repeat. Or buy to sell it later in 2-3 months maybe for a fair ROI. You are not looking to be rich in 6 months, but just some extra profits 
March 28, 2017, 06:09:04 AM
Any panic in the market always leads to loss of money. Speculators take advantage of this and constantly carried out the operation on increasing or decreasing exchange rate. If you are afraid of losing their savings and keep calm you will always have the chance to capitalize on the panic free. To make a panic speculators invest a lot of money. Watch their actions and you will earn on their investments.
March 28, 2017, 03:39:33 AM
When the price behaves it's so it nothing stays but just calm and hold your bitcoins. Don't be panic and negative. The price is going to be stabilazed soon and continue it's grow. I am sure that you will see results of such strategy very soon.
March 28, 2017, 02:52:26 AM
Bitcoin always have been volatile and it is not for the faint hearted. If you can stand the violent swings in the price and hold on for the years to come, you will be well rewarded as I believe that over the years bitcoin will appreciate to higher price levels and loyal holders will be rewarded.
March 28, 2017, 02:45:40 AM
you have now one more reason to hold actually, you don't sell when the price is volatile, that what a panic seller do, you don't buy either because you have no idea where bitcoin is going
in these case you only hold and watch the market, and wait for the next move from the market trend, besides holding have always a meaning with bitcoin, i would do it regardless
in these case you only hold and watch the market, and wait for the next move from the market trend, besides holding have always a meaning with bitcoin, i would do it regardless
March 28, 2017, 02:34:12 AM
It depends on the reasons you are holding your Bitcoin, I'm into Bitcoin for a long run and the volatility is not an issue for me, but sees it has an opportunity to buy more but for traders this is good because they can make money from any swing
Yeah , the bitcoin's price fluctuation is a usual thing that is a interesting thing for most of the bitcoiners . Here I will also say that it is just an opportunity for our trading job to buy more bitcoin again because naturally the price of the bitcoin will increase and will result into a big profit again .Here I am a trader and making buy also because I know the price will jump 100% . Here I will not suggest to anyone to make buy/sell but here I myself like the stability in the bitcoin price because sometimes it gives a big trouble in my mind for sudden down in the price .
March 28, 2017, 02:20:06 AM
It depends on the reasons you are holding your Bitcoin, I'm into Bitcoin for a long run and the volatility is not an issue for me, but sees it has an opportunity to buy more but for traders this is good because they can make money from any swing
March 27, 2017, 08:39:44 PM
I think it is the same principle you use when you invest on equity, you go long term to avoid losses due to volatility. As long as you believe that true value is higher than the current value, holding long term on assets is profitable. The same is applied on holding bitcoins.
March 27, 2017, 02:41:15 AM
Recently bitcoin is bearish. It is the best time for buying. Bitcoin is famous for volatility. It will definitely recover its price. And right now it is better to hold bitcoin then selling it as prices are going down and in some months it will recover.
March 27, 2017, 01:34:03 AM
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
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
The problem with that is you are only looking at fiat figures.
Fiat is quite volatile itself. In fact it only goes down in value, it will never go up in value in the long term. So measuring bitcoin's value by only a fiat index wouldn't really make sense...
I'm personally fine with the bitcoin volatility because i know that in the long term, it'll be a good hedge against inflation.
Also traders love bitcoin volatility as well because that's what makes trading bitcoin so desirable. It's small market cap compared to certain stocks makes it better to trade with and quicker to realise profits.
March 26, 2017, 11:06:10 PM
me and all the people majority here already know the risk on cryptocurrency trading and volatile is became biggest problem to us however we had realize that and even i slightly worry but doesn't mean holding bitcoin or buying bitcoin while the price dropped will always bad and sometimes the price will recover such as several times ago so i think nothing to worry about the current situation
Yeah and this is a normal behavior of bitcoins and there is nothing new in it as we have seen this dips and rise many times in the past so if the price is volatile then you should take advantage of that volatility by buying low and selling high which can give you quick profits in short term.
March 26, 2017, 11:03:42 PM
Provided it don't collapse to the point of never recovering again, it pays to hold while the scaredy cats are busy dumping their coins in panic. It is also good for those with extra cash since they'll be able to buy more cheap coins. Besides, if you still have coins, it's too late to sell it now and you could just lose more money than you'll recover. Might as well just hold then. If the forking don't break btc, we can expect the price to rise back up to pre-plunge prices or higher.
March 25, 2017, 01:52:25 PM
Definitely hold it and additionally buy some more! The reason is your question, it's volatile! Of course you might be finding it going down a way lot. Anyhow it is coming up soon the only thing is you have to have patience and don't go for panic selling. Doing that you might loose your profit as you may find on next day bitcoins has risen again. So this is patience situation you really have to wait until bulls eye is straight and you just got the right hit. I also had such anxiety before but now I have understood that the bitcoin market don't make you loose on lower side. It will be high enough again to give you profit. So you should hold it because bitcoin is powerful entity in the market to survive those lower side waves. :-)
Jump to: