Topic: Bitcoin's price is so volatile right now! Why should I even hold? - page 33. (Read 57643 times)

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

As an amateur trader(who hasn't traded crypto in years) low volume and low volatility*** were the main limiting factors which made trading crypto unattractive. Even trading small sums with extremely low percentage commissions on trades, it was hard to move crypto in the short term the way a day trader might. I don't know if circumstances are better or worse now. Or what the overall outcome of crypto becoming a more attractive investment & trading opportunity might hold for btc in the long term.

While long term holders of btc & crypto might prefer rock solid price stability in gradual valuation increments, it could be accurate to say day traders prefer high volatility*** and high volume to move more money through trades, over exchanges in shorter periods of time.

Completely clueless as to what the long term btc holder vs btc trader demographics look like atm. Crypto could be unique in that it has an investment/trade abstract mated to a long term investment/savings abstract. These unique circumstances may lack a historical precedent to determine the right course of action.

Riding on top of that dilemma are bitcoin unlimited/segwit/china/price manipulation/central bank concerns.

To label it a powder keg may not be an overstatement*. Then again, bitcoin's entire history could be labeled a powder keg & it has seemed to do just fine.

I'll definitely hold some btc. I haven't done too well but am up enough that 1 btc would need to drop to $300 or so for me to be at break even. My goal is to be diversified enough outside crypto that even if I lose all the btc I have, I can take it in stride. That's the best strategy I can think of under the current circumstances.

(***I just realized I've been spelling volatility completely wrong for the last few weeks.)

 

from the first time i know bitcoin, i see the price is in $200 so if there will be down price, i think and i hope i will not shock or getting panic because i've been there and i have the experience with the cheap price. i think i will prepared to buy more bitcoin because that moment is not always there and we can not face it in every day so it will special moment for bitcoin user to buy as much as we can and make it as our investment in long term.

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.

Well if you lost hope towards bitcoin then just dump your coins. BUt for most of us who are loyal to bitcoin we are just waiting for the right moment to buy bitoins. When the price of bitcoin hits the lowest price in the market then that will be the time for me and my group to buy more bitcoins. The best thing to do right now for bitcoin holders is to not sell your bitcoins so you will avoid losses and for those who have no bitcoins it will be the time to buy more.

I ever read a story about a man who holds his bitcoin for years, if I'm not mistaken, for ten years. he said that he does not care what people said and what happened, he just kept holding and then he finds bitcoin in high price. so I just want to say to keep holding your bitcoin

That is only a slight decrease in the price and that happened a number of time in the value of bitcoin and then it again start to increase in value. So it is sensible to hold for more time you will see in the coming days or weeks that the price will increase and you will earn a good profit.

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.

If you have Bitcoins right now, you missed the chance to sell when the price was high so you should hold and even consider buying more. You should only sell now if you don't trust Bitcoin to recover. I'm buying because I think the price will eventually go back up.

Holding will give you huge profit in return.  They are the making the price  to go down  because of this panic sellers.
If you believe in bitcoins just hold it.

Not only you should hold, but you should buy more bitcoin. This days is the time to buy some BTC and hold them like 6 months if you want to make a little profits. Don't care about BTCU or anything like that you read on the news. Buy now before the price incrase again like it happened since december.

Its true that the price is low now and could encourage massive dumping but the issue about holding and dumping is not really about the volatility because they all know what they are entering into and that's a fact about bitcoin so that's not new what really matters is are you ready so you won't have to blame yourself whether you should have waited a lit bit or you should have sold earlier.

maybe there will be a the miracle, after BTU release, I believe bitcoin will drop to $ 650, and the displacement usd for eth and dash do not be in doubt. not only that Qtum some ico and altcoin this semester is almost mencapain 100 m $ . The right time to buy altcoin, such as eth and dash. BTU pending release.

The price is dropping unnecessary and when I thought there will be correlation at $950 the price deep to 902 I think any decision see good to you is advisable as the drop is a sign that they is an inner battle between the developers. If you hold then expect recovering in a long as the volatile and fluctuations is very high. If you sell you might as well regret.

This time is the good time to trade. Even in just bitcoin itself. But if you know how to trade in altcoins its much better. having that volatile price is a good start to day trade or in short term. just dont buy on high as it can make you lose.

Yes.
Bitcoin is designed to be volatile, because it's such an easy thing to trade and has a low market cap compared to huge stores of value like gold which also have sentimental and physical value on top of the scarcity value.  It's not going to collapse to nothing and it is most likely going to keep rising for quite a long time, even when there are forks or other potential threats to Bitcoin it won't get far.  So the only accurate answer to give is: hold what you're not using, and spend what you are.  The same thing you always do with Bitcoin. 

If you can't handle volatility, you shouldn't have ever bought Bitcoin, period.

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 that's right holding bitcoin is a great way to earn big. Reduces the grown now but still hold me because I know that much higher than I expected. So those with bitcoin dare hold out for the next few weeks to show again bitcoin rise up.

This volatile is a bit dangerous because the price is constantly dropping usually the correct action to do is to buy bitcoin but this dropping is because there are problems with bitcoin so for temporary it is better to not take any action, and watch closely

After even checking the price, I realised it has fall to $900 which is really low in my own opinion compared to what we have seen in recent times. Although, that should not be new to anyone who has been exposed to this kind of situation because its just going to be for a while then things will start taking shape. As per buying and selling that will involve some level of risk and be convinced that whatever happen to the perice afterwards you won't bite yourself so hard about it.