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Topic: Ethereum very volatile (Read 940 times)

sr. member
Activity: 1568
Merit: 283
April 05, 2020, 12:34:55 PM
Right now it is stabilizing a bit but we do not need it to stabilize at this stage, not at this price, we need it to be a little bit more on the higher price before it stabilizes.

For example, if it was like this at around 180-200 dollar levels that would have been better. The price was around 230-240 levels anyway, so the price of 180 would be a bit of fall already, it wouldn't be an increase, just like bitcoin at around 6.6 price which is around 15-20% lower than previously before the fall, price of ethereum could have been 180 to 200 and that would have been a bit normal.

However 130-140 levels are just too low for it to stabilize right now. So volatility is working towards us if it happens again, we need it to go up a lot more before it can stay stagnant.
If you really look at the price of ethereum in bitcoin terms it hasn't really changed all that much, in the last 1 week for example ethereum has been between 0.02 and 0.021 and that's it, hasn't changed as much as 10% in the last week, always been the same for the bitcoin price pair, however if you look at it in the dollar column it has moved from bottom of 125 dollars to peak of 145 dollars, that is a huge change in dollar price which tells me right now all of ethereums price change is depending on what the bitcoin price will be.

If bitcoin goes up, ethereum goes up as well, if bitcoin goes down ethereum goes down as well. Which means there is really no volatility in ethereum anymore, there is volatility in bitcoin and that makes ethereum look like it has some volatility when there isn't any.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
April 04, 2020, 05:37:10 AM
sometimes it comes to mind that ETH can be more independent and less affected by bitcoin price movements.
fluctuating
Unfortunately it wont. Somehow most of the altcoins price depends on what happen to Bitcoin and most likely they will follow the trend as when Bitcoin goes red then altcoins would do the same as well.

if it has a large volume such as ETH I personally never leaven the slightest of course, for this is very useful to me for daily trading.
What are you talking about? It doesn't matter if it has less volume than ETH if certain altcoins are good to trade.
full member
Activity: 1176
Merit: 104
April 03, 2020, 08:25:27 PM
No need to question anything, ETH and other coins/tokens are very volatile even BTC, well, I agree with other statements that is because it makes a lot of movements when it comes to price but all we know that every coins will move because of BTC's movement, that's it and no need to say anything.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
April 03, 2020, 04:13:45 AM
Volatility is indeed very risky, and it is very difficult to read price movements if volatility is high, but Ethereum is not always Volatility, all tokens and coins depend on Bitcoin, if the price of Bitcoin Volatility goes up, then trading on altcoin will also increase volatility, always use the best strategy, Good luck
When we say the market is volatile, it doesn't mean that everyday the price will move.
Crypto is only called more volatile because it has a lot of significant movement so far, there are pumps and dumps that are unexpected, and they say crypto is manipulated by whales which I also agree since it would not move that big if whales are not manipulating it.

However, for day traders, I think this is what they are looking because this would be their chance to trade regular and gambling with their skills.
sr. member
Activity: 1914
Merit: 328
April 03, 2020, 03:34:38 AM
Right now it is stabilizing a bit but we do not need it to stabilize at this stage, not at this price, we need it to be a little bit more on the higher price before it stabilizes.

For example, if it was like this at around 180-200 dollar levels that would have been better. The price was around 230-240 levels anyway, so the price of 180 would be a bit of fall already, it wouldn't be an increase, just like bitcoin at around 6.6 price which is around 15-20% lower than previously before the fall, price of ethereum could have been 180 to 200 and that would have been a bit normal.

However 130-140 levels are just too low for it to stabilize right now. So volatility is working towards us if it happens again, we need it to go up a lot more before it can stay stagnant.
full member
Activity: 1568
Merit: 100
COMBONetwork
March 31, 2020, 05:36:52 PM
Volatility is indeed very risky, and it is very difficult to read price movements if volatility is high, but Ethereum is not always Volatility, all tokens and coins depend on Bitcoin, if the price of Bitcoin Volatility goes up, then trading on altcoin will also increase volatility, always use the best strategy, Good luck
hero member
Activity: 2660
Merit: 651
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March 30, 2020, 03:09:42 PM
Wait? I mean if the price is dumped and you sell because of it, you are going to lose money in the end, that is not really a solution, how could you make a profit when you sell while price is down? You can't, and that is why you have to really just wait.
Making lost in the end when someone sell at the downtrend market completely vary because the price range the person bought his holding is what matter cause selling to stop lost or save the little portion of profit make is still a smart choice to me.

The better option is to buy, think about it, if you have USDT or any fiat in your hands during a bottom like this, you can put a buy order at 4k and wait around, you know it won't go under 4k but lets assume it did, you know it will recover as well, maybe in a day (like what happened recently) or maybe in a month or maybe in a year but you know you will double your profits without a doubt. That is why buying during the bottom is the best thing you can do, second best thing would be waiting around until it goes back up.
Buying at the bottom price is better option as you said but it better to keep the capital in stablecoin which is not USDT and fiat.
full member
Activity: 1162
Merit: 168
March 30, 2020, 02:47:06 PM
Wait? I mean if the price is dumped and you sell because of it, you are going to lose money in the end, that is not really a solution, how could you make a profit when you sell while price is down? You can't, and that is why you have to really just wait.

The better option is to buy, think about it, if you have USDT or any fiat in your hands during a bottom like this, you can put a buy order at 4k and wait around, you know it won't go under 4k but lets assume it did, you know it will recover as well, maybe in a day (like what happened recently) or maybe in a month or maybe in a year but you know you will double your profits without a doubt. That is why buying during the bottom is the best thing you can do, second best thing would be waiting around until it goes back up.
member
Activity: 1358
Merit: 81
March 28, 2020, 04:05:17 AM
You are right! Ethereum is very volatile, I had hope when the price reaches to more than $200. But after, it changed and the behavior of the market returned to the downside and if we add the problem of Coronavirus. We will have difficult times to reach recovery in the market and the entire economy.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
March 28, 2020, 03:36:53 AM
The peak of the crisis is far ahead, so talking about cheap coins is really very early. As for the convenience of using cryptocurrencies now, this is true, but unfortunately there are many drawbacks - for example, the economic decline that affects everything and cryptocurrencies as well.

When bitcoin dump, I thought this is really cause by the global pandemic, but I am surprise it pumped and stayed stable at the current price.
Majority would think that crypto market will not be exempted for the global market fall down, but I like to think it will do the opposite.

I am not an expert, all I say is just my opinion based on my observation and the fact that crypto market is very unpredictable, I'd like to believe that my expectation would happen, and this is not only for bitcoin but for ETH and other altcoins as well.

The stock market has also partially recovered, but we know the reason - a massive infusion of liquidity. Fundamentally, nothing has changed - there are huge problems in the economy and if the market is not manipulated, it will collapse. I think the same processes are happening in the crypto. At the moment, market makers are able to hold the market. How long this will last is unknown.
member
Activity: 854
Merit: 10
March 28, 2020, 02:16:36 AM

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

If this pandemic did not happen Ethereum would have reached the $400 level it was going up it follows the price of Bitcoin before this thing happens, they still retain their position I don't see why traders should lose hope in Ethereum all the coins and the whole market today is very volatile no need to pinpoint on Ethereum only.

You are right, there are many other potential coins facing the same situation, which Covid 19 is destroying the entire market. Bitcoin price is increasing and destroying this makes ETH price kept fluctuating, this makes many people think the ETH is volatile.
full member
Activity: 1750
Merit: 118
March 28, 2020, 02:06:20 AM

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

If this pandemic did not happen Ethereum would have reached the $400 level it was going up it follows the price of Bitcoin before this thing happens, they still retain their position I don't see why traders should lose hope in Ethereum all the coins and the whole market today is very volatile no need to pinpoint on Ethereum only.

everyone sees it . i was impressed when that moment happen that i said to myself that wow for a long time eth finally moving in an upward position along with bitcoin  and some other but actually btc is the one that moved first   .

 not just today but crypto market were been volatile the whole time , so why loose hope anyway ? but i forgot that its normal , every market crash there are those people that cries and feel like quiting but they come back again once they see that market is doing well . dont mind them
hero member
Activity: 2926
Merit: 567
March 28, 2020, 01:41:27 AM

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

If this pandemic did not happen Ethereum would have reached the $400 level it was going up it follows the price of Bitcoin before this thing happens, they still retain their position I don't see why traders should lose hope in Ethereum all the coins and the whole market today is very volatile no need to pinpoint on Ethereum only.
full member
Activity: 2548
Merit: 217
March 27, 2020, 10:51:55 PM


Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.
sr. member
Activity: 1876
Merit: 259
March 27, 2020, 10:19:41 PM
sometimes it comes to mind that ETH can be more independent and less affected by bitcoin price movements.
fluctuating if it has a large volume such as ETH I personally never leaven the slightest of course, for this is very useful to me for daily trading.
full member
Activity: 1093
Merit: 103
March 27, 2020, 09:05:24 AM
Personally, I have a very high expectation from Ethereum, but today I have a lot of questions that I have no answer to.  First of all, we are talking about the cost of ethereum, which, according to many analysts, is at the level of 500 dollars.  It turns out that at the current price, miners suffer losses.  In addition, it is necessary to take into account the fact that Ethereum was originally planned to be used as fuel for the erc20 platform, and it is logical to assume that fuel should not be too expensive.  But today there are already quite a lot of opportunities where Ethereum can also be used as a means of payment.  It is precisely because of this that the question arises of how much is a great price for ethereum.
There is not much hope for the price of this coin because for the time being the coin has been heavily dependent on the price of Bitcoin and if Bitcoin cannot rise, do not expect too much in Ethereum. I have analyzed many times Ethereum and it is not really popular because now the ICO is dead and people have no reason to invest in this coin.
Many analysts expressed their opinion that Ethereum was already very far removed from altcoin, since it has its own blockchain and is considered a full-fledged coin, which allows it to be independent of the price of bitcoin.  On the one hand, I believed this, since today the cryptocurrency market has a universal downward trend in prices, because even when Bitcoin rose from $ 3,000 for the whole of 2019 to $ 11,000, not all cryptocurrencies reacted to this upward movement of Bitcoin.  Based on this, I believe that in the cryptocurrency market there are other factors influencing the situation, and in this case, ethereum can be truly independent.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
March 27, 2020, 06:41:25 AM
If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.
Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.
It's not yet passed. Crypto becomes the alternative way for people from infected countries to use it to fill all of their needs. This helps crypto to be an alternative solution for so many people in this crisis.
You say that there was a lot of cheap coins right now but remember about the problem is we don't know where the market will be going on. Just try to keep our distance from the big risk.
Keep your distance and assess everything before you come into conclusion whether to invest or not. The market direction still unclear and we
should know what is best to our investment. Never to judge base from  others opinions but in instead in  time like this we should all follow
our own instinct and observations.
hero member
Activity: 2716
Merit: 904
March 27, 2020, 05:45:33 AM
The peak of the crisis is far ahead, so talking about cheap coins is really very early. As for the convenience of using cryptocurrencies now, this is true, but unfortunately there are many drawbacks - for example, the economic decline that affects everything and cryptocurrencies as well.

When bitcoin dump, I thought this is really cause by the global pandemic, but I am surprise it pumped and stayed stable at the current price.
Majority would think that crypto market will not be exempted for the global market fall down, but I like to think it will do the opposite.

I am not an expert, all I say is just my opinion based on my observation and the fact that crypto market is very unpredictable, I'd like to believe that my expectation would happen, and this is not only for bitcoin but for ETH and other altcoins as well.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
March 24, 2020, 04:12:47 PM
If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.
Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.
It's not yet passed. Crypto becomes the alternative way for people from infected countries to use it to fill all of their needs. This helps crypto to be an alternative solution for so many people in this crisis.
You say that there was a lot of cheap coins right now but remember about the problem is we don't know where the market will be going on. Just try to keep our distance from the big risk.

The peak of the crisis is far ahead, so talking about cheap coins is really very early. As for the convenience of using cryptocurrencies now, this is true, but unfortunately there are many drawbacks - for example, the economic decline that affects everything and cryptocurrencies as well.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
March 23, 2020, 09:42:17 AM
If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.
Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.
It's not yet passed. Crypto becomes the alternative way for people from infected countries to use it to fill all of their needs. This helps crypto to be an alternative solution for so many people in this crisis.
You say that there was a lot of cheap coins right now but remember about the problem is we don't know where the market will be going on. Just try to keep our distance from the big risk.
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