Do you like Volatility? Debate - page 2.

CryptopreneurBrainboss

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Quote from: Luqman on April 03, 2021, 06:57:25 PM

People surely prefer to choose real investments like Gold or Land if no volatility in crypto. But since crypto has big volatility, people know it is a chance for them to gain bigger profits. Even if it is risky, people will join for the potential profits they can get.

Humans love gambling and the volatility in cryptocurency present similar feeling of gambling on the outcome of the market with a chance of gaining massive profits if there prediction goes right. You'll hardly see anyone settling for small daily profits compared to investing in some roundom new idea that comes into the market been hyped to be the next big thing.

The love for volatility is the reason we have so many altcoins in the market if not we would had focus on maximizing the small percentage you can get from trading Bitcoin. The volatility of cryptocurency is its selling point as with high volatility creates rooms for huge profit to be made but that doesn't mean you can't suffer loss too which is why we have to be cautious in our decision making.

LUCKMCFLY

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Quote from: Luqman on April 03, 2021, 06:57:25 PM

Sure, volatility means the chance to get big profits. It is absolutely what we are looking for in crypto investment. Without volatility in Bitcoin or altcoins, I doubt if many people will be interested to join. People surely prefer to choose real investments like Gold or Land if no volatility in crypto. But since crypto has big volatility, people know it is a chance for them to gain bigger profits. Even if it is risky, people will join for the potential profits they can get.

I agree with your thinking, cryptocurrencies are an alternative to make money quickly, some want to make a profit quickly, if a person invests in Bitcoin and lets a good time pass without touching that investment, it is most likely that it has a really high price In fiduciary value, at least higher than when it was bought, of course, there is the option that lowers the price a little and does not give a profit as fast or that it even drops in price for a while, the important thing is to know how to wait and be patient.

When a person tries to invest in the Stock Market, they must be aware that they must wait at least 8 to 10 years to see if they make a profit, in bitcoin or cryptocurrencies following the stages of Accumulation and Distribution of the market they usually have a wait of 3-4 years This market is much faster, therefore volatility must be taken advantage of.

Luqman

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Sure, volatility means the chance to get big profits. It is absolutely what we are looking for in crypto investment. Without volatility in Bitcoin or altcoins, I doubt if many people will be interested to join. People surely prefer to choose real investments like Gold or Land if no volatility in crypto. But since crypto has big volatility, people know it is a chance for them to gain bigger profits. Even if it is risky, people will join for the potential profits they can get.

Shasha80

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Because I am one of those who like crypto trading, so I really expect volatile prices. Without volatile prices it is very difficult to make a profit,
which is why many forex traders are now starting to try crypto trading. Because the volatile crypto price can bring profit every day, especially
the Bitcoin price this year is very volatile. So I really like volatility, even with crypto prices which are very volatile this year I managed to get
a sizeable profit. Because to get 3% profit per day is very easy to get this year, it's different when 2020 is more difficult to make a profit
compared to this year.

teosanru

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Quote from: fiulpro on March 29, 2021, 12:21:48 PM

I wanted to know the general preference of people here. What are your views on Volatility and why ?

-Do You Consider Volatility to be an opportunity Where you can buy more coins and hold them for later
OR
-Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency.

Let me present my point of view.
(A healthy discussion is greatly appreciated)
-I do think that Volatility is an amazing opportunity to not only gain some Bitcoins but also perfect for interday trading, at the same time for people who did miss the opportunity to buy some at the right time, it gives you an opportunity to make that right. At the same time I do trust that we can always achieve ATH therefore it's also a matter of patience. It's not like you would loose when the value goes down. So if you have : Patience and you did miss your chance, I do think Volatility is a healthy thing for cryptocurrencies like Bitcoins. Then again we don't need to always compare Bitcoins with things like : traditional money 💸 , it's a whole different story.

What do you think ?
(Image credits to the respective owners, taken from Google)

I think there is no one answer to this question but I think volatility is good only until the humans are on the battlefield of trading. But the current scenario is too different. It's not only humans competing in trading. It's Bots & algos which are competing against you. A speed of a bot executing a code is going to be too fast when you would compare it to a human putting in the same command. These bots are their play is what is bringing a high level of volatility in the market. Now if you create your own algorithm to compete against them then you are good otherwise I am sure Volatility is a big killer. Bots don't have emotons they don't fall for FOMO or FUD but humans after seeing the huge volatility do fall for them which creates big issues. So volatility isn't a good thing as per me.

RealMalatesta

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Quote from: fiulpro on March 29, 2021, 12:21:48 PM

-Do You Consider Volatility to be an opportunity Where you can buy more coins and hold them for later
OR
-Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency.

It seems that you are missing another scenario like gradual appreciation of bitcoin rather than having wide fluctuations. Yes, it is different from being stable. Being stable is always having same value whereas gradual appreciation is something we all want to have without going down time to time.

We like or not, all the commodities are having volatile nature because of its price influencing factors. I'm sure bitcoin will never have stable value even after all 21 million bitcoin mined out. Because, even after centuries of adoption gold is not attaining stable price but relatively stable because of wide adoption hence same thing will be applicable for bitcoin as well. Bitcoin will remain volatile and the level of volatility may differ over the course of time.

So, we must need to like the volatile nature of bitcoin regardless of we are making use of that volatile nature for our profit making or not.

Swopon

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Yeah, definitely.
This is integrity. Any marketplace is volatile, prices are always fluctuating. Without such a sense of volatility, the work is not finished and the result is not worth it. People do not evaluate the stable thing well. Not everyone guesses that the profit will be the same here, it is not inclined to increase. Since people expect more profit and do not wish to keep up in the stable market, they go after the plunge. I am no exception. So I like volatility.

MCobian

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I am sure most members of this forum like volatility, because indeed most people like Bitcoin as an asset, because it can make money. Of course
I really like Bitcoin its volatile too, this is my chance to be able to make profit every day from Bitcoin trading. But if people who use Bitcoin as
a means of payment must be very disappointed with the volatility, so actually back to each person what they use Bitcoin for.

famososMuertos

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That volatility is also in traditional markets, and they unleash passions just the same, it all depends on the units of the shares you own, 1% may in terms of prices for example be "straw" compared to the "natural" volatility of the bitcoin, the point is that the losses and gains occur in both markets and are the "soul" of the investment, well, volatility is there and is not a matter of taste or belief , it is an investment decision.

kolbalish

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I like volatility very much. Because it is an unstable position. If crypto is stable then everything will operate at the same momentum. And there is no advantage in working in this world if you stride at one momentum. Profits are rendered by working in a volatile market.

gabbie2010

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A trader equipped with a working strategy ( note their is no Grail strategy) ie perfect one, will need a high volatility of the price provided that such a trader is using a higher time frame for trading with minimum of 1 hour time frame where the volatility rate is moderate unlike the lower time where is faster with too much noise.
A moderate volatility with a higher timeframe will guarantee profits taken at the appropriate time although losses is inevitable unlike scalp trading that can lead to rekting of an account and many losses.

Stedsm

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IMHO, volatility is too good if it's two-sided, but if a trend is going on, then this volatility isn't that enjoyable and entertaining. And yeah, I really enjoy the opportunities it gives us by shaking the markets and giving us dips to buy lower which may not be the case if BTC goes to much higher levels and stabilizes as then, the whole thing will be in the hands of a very limited set of people who will then move the markets with their money in their desired direction.

abel1337

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Volatility is one of the greatest characteristics of crypto. I can identify crypto as a volatile market as it is compared to other markets and that is why I stayed in this market for so long. As long as you can take advantage and you know what it means to enter a volatile market. Before crypto, we have a stock market and this stock market has relatively low volatility, So investors before doesn't have an option to switch in a face-paced market. High volatility is one of the reasons why other investors go to the crypto market.

Jemzx00

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Without the volatility of price on crypto, there wouldn't be any trading happening and the same goes to financial market or stocks. There would be no point if the price is stable as the market will stay the same even if you hold it on the long run or the short run. It's more like savings rather than trading.

Also, the volatility on bitcoin will keep on happening as long as there are demands on the market. The amount being mined is also a factor of this volatility due to it's maximum circulation not yet being met. We might be able to see a more stable market on bitcoin when all of the bitcoin is mined as the amount of bitcoin will be more controlled due to it's limited amount.

imstillthebest

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Quote

I wanted to know the general preference of people here. What are your views on Volatility and why ?

my views on volatility is it can be your buddy or archenemy why because it helps you earn when the price is at the top but it makes you loose when the price is at the bottom

Quote

Do You Consider Volatility to be an opportunity Where you can buy more coins and hold them for later

my explanation above tells that im not buying at the bottom

Quote

Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency.

volatility has a bad side but its not unecesary . no need for it to level like a fiat because crypto isnt a fiat and btc is long time recognize as a currency

danherbias07

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Same as yours.
Volatility offers chance to others.
It's not just traders who will have chance to make money out of it. Besides, they are still risking their choices there.
But for those who have sold at an early price, (like me) it gives hope that you could always buy back.
It may take months or years, but there is always that opportunity you are clinging unto.

geegaw

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Quote from: blckhawk on March 30, 2021, 09:29:09 AM

Personally, I like the volatility in this market however, it is likely a double-edged sword as it can work on your side but at the same time could also be your enemy. Anyway, I think that is one of the main reasons why investors choose to place their money in Crypto is because of volatility. Imagine Bitcoin being a stable coin do you think investors would bother to invest in that kind of asset? No, volatility what makes Bitcoin attractive because this brings profit, yes it could be risky but if you know what you are doing you'll be fine.

If I don't look wrong, you are not a lonely person here, daily volatility is what investors want from this market, it can go up or down over time but at least, the market needs such fluctuations to make money, even though this is a double-edged sword and can be stabbed into our flesh and souls, we do not hesitate to accept this knife. Volatility is the most distinctive thing the crypto market has, as soon as this nature no longer exists, investors will turn to gold or real estate immediately but it is relatively gratifying that crypto has always maintained its tradition and nature

darewaller

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I do enjoy a bit of volatility, it allows me to see what bitcoin could be, it allows me to see where we are with the market as well. When you see 43k and when you see 60k you know the bottoms and the peaks, that allows you to move easily.

Of course, I didn't take advantage of it too much because I do not trade too much but I did made 2 very good trades, it was for small amount so I didn't earn anything that matters, I just have fun with trading so the money was nothing, I think it was 30 dollars from one and 52 dollars from the other, so it was very small and just for fun but it was good to actually trade and make a profit from it. At the end of the day we are talking about something that is risky and I understand some people may not like that, I get it, but I still think that we are doing much better with volatility instead of trying to be stable.

isaac_clarke22

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Quote from: The Cryptovator on March 29, 2021, 12:33:20 PM

Let me ask a question, why investors should invest in Bitcoin if it's stable in a place? I know rather than call it to invest more suite is accumulate. But the truth is investors are here to take advantage of volatility. Honestly, they aren't thinking that Bitcoin was created to present a peer to peer electronic money. Why investors and big institutional investors aren't buying or storing USDT? Because it's s stable coin and they wouldn't take advantage of volatility. Bitcoin is the most popular cryptocurrency because of its volatility. Very rarely users are thanking for the technology behind Bitcoin. Of course, I like volatility and that's call trading. Due to trading, we might see volatility on Bitcoin.

This.
This is half of the reason why I invested aside from the convenience stuffs that Bitcoin can do in a simple transaction without having to go out of my house.
The instability becomes an opportunity for everyone to invest in here though that is surely a double-edged sword for anyone, maybe except the whales.
Price could fall either down or up.

USDT is, of course, a stablecoin. There ain't profits into it. It could be a temporary safe haven from all the profits made from trading.

blckhawk

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Personally, I like the volatility in this market however, it is likely a double-edged sword as it can work on your side but at the same time could also be your enemy. Anyway, I think that is one of the main reasons why investors choose to place their money in Crypto is because of volatility. Imagine Bitcoin being a stable coin do you think investors would bother to invest in that kind of asset? No, volatility what makes Bitcoin attractive because this brings profit, yes it could be risky but if you know what you are doing you'll be fine.

Topic: Do you like Volatility? Debate - page 2. (Read 509 times)