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Topic: Can you protect your Bitcoin from market volatility? - page 3. (Read 1281 times)

hero member
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The main point in my opinion is to be wise in making decisions. Because we need sharp analysis and careful decisions so that there is no excitement, and should not be greedy in taking advantage it will also make us lose.
sr. member
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Even just simply storing up your coins on a wallet or simply dont do anything at all then it is always been volatile.Price or value could really change from time to time and making up trades is just really making yourself
but in any case storing your coins in wallet is the best and safest way to keep it one step ahead from volatility right?

but at least using safe wallet like hardware or ledger.

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adding up the opportunity on engaging into the market which gives out opportunity for you to earn more but of course it would really be accompanied with some risk which you should be aware of if you do step your
engaging into market even in holding is indeed happening for many of us, but now we are engaging in falling market lets see whom will be enable to keep or whom will give up.

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foot into the world of trading but if you are afraid or not really that confident then you could just simply held it off and dont trade if you are not that ready.
trade or hold both ar risky , but the thing here is your ability and capability to keep the heads up.
hero member
Activity: 2996
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In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.


Even just simply storing up your coins on a wallet or simply dont do anything at all then it is always been volatile.Price or value could really change from time to time and making up trades is just really making yourself

adding up the opportunity on engaging into the market which gives out opportunity for you to earn more but of course it would really be accompanied with some risk which you should be aware of if you do step your

foot into the world of trading but if you are afraid or not really that confident then you could just simply held it off and dont trade if you are not that ready.
hero member
Activity: 2156
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In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.
That's right imo.
But I think that what @zaesvlas wants to say is about the way to cover or face the volatility, So we can only utilize the volatility of the market by doing trading, convert it to USDT, and then trading it again.
We know that market volatility cannot be ignored and so far, the volatility is very high, not only on Bitcoin but also for other altcoins.
if we want a stable portfolio, we need to convert only to stable coins.
But of course, this may be not giving you big profits, different from when we are trading non-stable coins.
Btw, one of the worst things that we do to face market volatility may be panic, if we are panic about the market volatility and we sell them every time the price drops, we can lose more and more money.
full member
Activity: 728
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In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.

legendary
Activity: 2282
Merit: 1023
Market volatility is the part of cryptocurrency. Personally I'm holding 0.5 btc. I'm holding it for long time. I want a good profit from it. But sometimes i am going to confused about the price. When price started decreasing then i make my btc to stable coin USDT. I get a easy solution for it. And when i think that the price is seems like stable or would increase again then I'm again buy btc. By doing that i protect my btc from market volatility also most of the time i got profit by doing this act.
So you made 0.5 Bitcoin by playing around during the volatility in the market and if that is the case it is a huge accomplishment. For me i personally set a target considering the market situations and take my positions. If you are old enough in the market it is easier to understand the support and the resistance level and it is the best time to make a good profit by just playing along with the market and there were times i missed the boat because my calculations were wrong and it is part of the game.

Follow the basic principle of never to take positions in a panic, always think and make the calculations on the fly considering where the market would be and even if the market rallies after selling the coins, all you need is patience as the market will reach those levels one way or the other.
hero member
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Because individuals are at a disadvantage in the stock of capital, information and investment knowledge, short-term investment and frequent operation are difficult to make profits. The safest way is to hold it for a long time, eat a cycle of dividends and operate it once a year or half a year.
Holding for a long time is never the safest way and those that invested in cryptocurrency that later vanishes off the market will tell you their experience but if you talking about Bitcoin only 10% of all crypto investors have the patience to hold for the long term.
What I believe that's important to protect market volatility is capital management (which will allow long term holding), time (entry and exit), and adequate knowledge about the market.
legendary
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I really do not see how the aforementioned will protect one's btc from volatility, even if i decide to do all that is mentioned the btc in a wallet will react according to the market situation, as long as you hold and not sell to usdt whenever the market is about to crash and able to buy back during the dip, your btc will always react to market condition, only if you are an early investor you won't feel the ups and downs much because you are in profit already.
Totally in different situation into those people who had actually entered this market into those early days on where they wouldnt really mind about those negative and as mentioned they are already in profits for a long time
some had already secured their profits and some do still hold until this very day despite of those market conditions which i cant really blame off considering on the chances and opportunities on where Bitcoin could
give then you do really have that kind of optimistic kind of presumptions on where price could possibly go but dont ever think that you could really protect yourself on volatility because this is where profits
and losses do came from at the same time.
hero member
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I really do not see how the aforementioned will protect one's btc from volatility, even if i decide to do all that is mentioned the btc in a wallet will react according to the market situation, as long as you hold and not sell to usdt whenever the market is about to crash and able to buy back during the dip, your btc will always react to market condition, only if you are an early investor you won't feel the ups and downs much because you are in profit already.
full member
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Market volatility is the part of cryptocurrency. Personally I'm holding 0.5 btc. I'm holding it for long time. I want a good profit from it. But sometimes i am going to confused about the price. When price started decreasing then i make my btc to stable coin USDT. I get a easy solution for it. And when i think that the price is seems like stable or would increase again then I'm again buy btc. By doing that i protect my btc from market volatility also most of the time i got profit by doing this act.
legendary
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This is a pretty good write up.  You can't fully protect your bitcoin from market volatility without actually pulling your bitcoin out of the markets, which is not the same thing as "protecting your bitcoin" because if you pull out, then you're not longer in bitcoin, you're realizing a gain or a loss, and you could miss out on potential upside.  The moral of the story is to just make sure you have a well diversified participant.
It is true that we cannot protect bitcoin from price volatility, but just by ignoring volatility and selling nothing, I believe we will be winners in the long term. Basically ignoring volatility will be very difficult for anyone who is not a gold hand holder, there is too much coercion and compulsion to sell bitcoin when profit are evident and so when price correction occur. Combating these emotion in trading when volatility occurs is difficult in my opinion.
full member
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Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

Totally agree, it will increase your funds by a small percentage everyday and being flexible in decision making makes a trader a good trader. If you are focus on making profit, you should always stick with the mindset of profit is a profit no matter the value is. It also limits you from making a big loss although crash in the market is sudden and sometimes inevitable.
legendary
Activity: 2282
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This is a pretty good write up.  You can't fully protect your bitcoin from market volatility without actually pulling your bitcoin out of the markets, which is not the same thing as "protecting your bitcoin" because if you pull out, then you're not longer in bitcoin, you're realizing a gain or a loss, and you could miss out on potential upside.  The moral of the story is to just make sure you have a well diversified participant.
sr. member
Activity: 1890
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Thank you for your tips but it is obvious that it is really hard for someone to protect their coins from the market volatility. Because we can't understand what Bitcoin will do exactly and when. We can just make our own analyses and abide by them. If we are lucky also, we can save our coins from a big dump and increase their value also. It is not depending on only ourselves in the end, we need some luck to gain good amount of money in this market also.
legendary
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protect bitcoin from market volatility in a short way for me to change to sabelcoin coins so as not to lose too much in the event of a price drop
but there is a problem that cannot be avoided, from bitcoin trading which is clearly visible, among others, by the existence of a long-term holding plan
in my commitment to trading bitcoin not greedy and always grateful for the profits given in 1 day
.
newbie
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Because individuals are at a disadvantage in the stock of capital, information and investment knowledge, short-term investment and frequent operation are difficult to make profits. The safest way is to hold it for a long time, eat a cycle of dividends and operate it once a year or half a year.
hero member
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Why, my thinking is the opposite.  Volatility is bitcoin's biggest draw compared to the rest.  Everything revolves around bitcoin.  Volatility creates a great return on investment.  If bitcoin loses its inherent volatility, risk, I would rather go with gold or forex.  Lol, practice risk management and increase your reserves somehow.  Don't look at the dollar value in the basket of assets it will lead us astray.
^ That it is, the word volatility of BTC is the perfect way of making a profit, and this is what we get profit through volatility, if you don't want this, why not invest in gold and other stock that does not have volatility. The nature of BTC is to have a volatility price and most commonly it is an unpredictable price. So there is no way that you can protect your asset not unless if you decided to sell while at a lower price it means you accept blindly your losses. Somehow, the OP was right, all those said were right, there should be proper asset management and I believed as long as you don't take action and selling them, there is no loss that will happen.
You are right, there is proper management of our investment that can protect it from possible loss.
When there is a market crash you can hold your bitcoin and never sell it, this is how can you protect it from the volatility and many people do panic selling when they saw that the market had crashed. I think if we invested in cryptocurrency we know already this, the volatility and the risk on it, that is why only invest that you can afford to lose because that money is you can wait whatever happens to the market and also aiming a target profit will also help you to protect your asset.
hero member
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Why do you want to protect yourself from the inevitable. The volatility of Bitcoin is one of it's major peculiarities. If you want something stable and steady, bitcoin might not be the best option for you. The volatility has actually made alot of people wealthy at the same time  many became poor depending on what direction the market went.

In my opinion, You can only wisely manage your Bitcoin by knowing the perfect time for you to trade or when not to.
Yes course you can protect your bitcoin, it's obvious that bitcoin two impact or two step to adventure into, which are positive or negative, which i may likely classify as advantages and disadvantages, both the (positive and advantage )whereby you make a profit in cryptocurrency and (negative and disadvantages) are the process whereby you lose as you said, but to protect your BTC is a process know when will you sell and when to buy in order to make a profit.
Due to unpredictability of the market then this is something hard that you cant really able to avoid but of course as a trader then it is something a challenge for you to withstand this volatility
and make yourself sustainable despite of the current condition of the market. Yes its true that this is having its pros and cons and thats the reason on why we are here but if you dont like
volatility then this market isnt really for you and find another one which is less volatile or find on your own preference.
legendary
Activity: 2856
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If you're a day trader and that is thing, then I guess dumping into a stable coin would be the way, but it's a bit foolish to try and predict the crypto market, long term holding will guarantee a ROI if you just want to make money, and ideally, the market volatility isn't something to worry about as wider adoption would prevent large swings in the price.
newbie
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Bitcoin, unlike fiat, intrinsically volatile. Reason? it is limited in supply, no wonder it is called the digital Gold.To avoid massive losses, if  you are averse, consider investing in stablecoins.Also, if you are always watching the market, you can use a variety of exchangers to buy and sell your BTC to stablecoins whenever you feel jittery.For instance, if you use https://www.bestchange.com/, you can access several exchangers tat will give you the best rates in the market.
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