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Topic: High Volatility in Cryptocurrency Market (Read 695 times)

copper member
Activity: 210
Merit: 0
KNL Ecosystem - Invest. Trade. Earn.
August 01, 2019, 05:53:47 AM
#56
BTC will reach new ATH this year, because there are too much great news that are warming investors' interests. Libra coin is about to launch its service, Bakkt exchange will open trading within the next several months and you also cannot forget about ETH 2.0, BTC and LTC halving and much more.
sr. member
Activity: 1330
Merit: 289
Crypto is truly highly volatile, and I think this will be favorable in the long run although it also has its bad sides. The good side being that BTC might soar high even above our expectations. The bad side being that terrible FUD might crash the crypto market. About BTC crossing the 20k benchmark , its feet possible in future.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
next 6 months gonna be goooooooooooood, CHOOOOOOOCHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
member
Activity: 546
Merit: 11
I think BTC will be able to set new ATH records more than once, perhaps this year, this is not surprising.
full member
Activity: 2142
Merit: 183
That is difficult to be reached again.
20k is just too much and no one really expected. The correction was real at that phase.
It is just so unbelievable and we all know that is not the right price for bitcoin yet in this era.
But itt had grown again to a 5 digit number value. I guess next year we might see the real 20k price.
High price volatility of Bitcoin and other decentralized cryptocurrency should always be, since its price will always be formed on the basis of supply and demand. Bitcoin will rise high and fall in its price many more times. Therefore, its former price record Bitcoin should reach, and most likely next year. However, the high price values will not last long. After their achievement, he is likely to fall again to his previous values.
copper member
Activity: 1190
Merit: 3
As soon as investors see some surge in bitcoin price, market moves accordingly. Apart from extreme volatility(more than 50% upward or downward movement in single day), market reacts to bitcoin price movement. We have to be or I should say, mainly traders, should be careful about the market trends to gain more and not to have losses.
full member
Activity: 339
Merit: 100
I think it is because of this, crypto market can attract so many players. Large fluctuations are very risky but also bring great profits. Regarding BTC prices, I think there are many people who have bought at the price of about $ 20k since 2017 and have not cut loss yet, so the selling pressure is huge. So maybe this year btc cannot pass this price.
full member
Activity: 559
Merit: 102
Volatility of crypto has both good and bad sides, depending on whether price goes up (favorable) or follows a downtrend (unfavorable). Anyone holding crypto knows this and should understand the risk involved. Well, we pray for continuous uptrend in coming years since some big players are gradually gaining interest in crypto.
sr. member
Activity: 672
Merit: 254
Yes bitcoin may go beyond its all time high price of around $20000 given the volatility of cryptocurrency. But I cannot tell what level of price it will hit in the future. Bitcoin fell sharply as low as around $3500 right after it hit record $ 20000. So we can assume that cryptocurrency is volatile and price of coins go up and down from time to time.
If you are talking about the instability of cryptocurrency, then you need to emphasize that in this market there is a lot of speculation and the market itself is essentially young.
member
Activity: 770
Merit: 14
www.thegeomadao.com
Yes bitcoin may go beyond its all time high price of around $20000 given the volatility of cryptocurrency. But I cannot tell what level of price it will hit in the future. Bitcoin fell sharply as low as around $3500 right after it hit record $ 20000. So we can assume that cryptocurrency is volatile and price of coins go up and down from time to time.
member
Activity: 574
Merit: 12
Kuvacash.com
I believe with you that cryptocurrency is very volatile and as such has kept many investors on the lookout while traders who know how to navigate the market are busy making profit despite the market existing price action.

I hope the volatility be brought under bearable conditions in years to come so as to pave ways for more adoption.
copper member
Activity: 224
Merit: 0
The volatility in crypto is at high side , this is why many token or coin are dumped and never see a pump again as the community do bother trading them again because of their inactive or no support product to back their token.

But the volatile is still the reason for the high price in the crypto market which has contribute to the market survive so far from the integration.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
That is difficult to be reached again.
20k is just too much and no one really expected. The correction was real at that phase.
It is just so unbelievable and we all know that is not the right price for bitcoin yet in this era.
But itt had grown again to a 5 digit number value. I guess next year we might see the real 20k price.
newbie
Activity: 17
Merit: 0
The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.

Indeed but let's not forget that this risk is also involved in fiat currency (share/stock market), while trading.The only way one can survive and gain profits is to constantly stay aware of market trends.
sr. member
Activity: 1988
Merit: 275
The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.

This is the drawback when you are dealing with cryptocurrencies. The risk is very high as the volatility of prices is very high also. If you don't know what you are doing, your entire savings can be wiped off with just one trade of an altcoin that you don't know nothing about. You need to avoid pump and dump coins, most masternode projects and MLM-type projects. I do not have anything against them, but from what I observed, you can easily lose your investments in those projects.
jr. member
Activity: 448
Merit: 1
The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.
copper member
Activity: 174
Merit: 10
"It's either complete BS.. or it's going to be something huge."  Grin
sr. member
Activity: 1149
Merit: 347
Yes, it's a matter of time. It will be something never seen before in history. Graphically speaking, we are late and the current price of the BTC does not reflect its true value, its true weight on the world.
jr. member
Activity: 238
Merit: 3
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.

The high volatility in the cryptocurrency market is very beneficial to holders which can only explain why bitcoin reached $20,000 in 2017, the volatility is also dentrimental to price of bitcoin it fell so low to $3,400 in 2018.
Bitcoin will surpass the previous record high maybe before the end of this year.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
High volatility is a very important phrase in the crypto space.If not for it, there might not be anything called pump and dump and it was a weapon used by whales and those who manipulate trades.also, the volatility of a coin is dependent on other factors.

Volatility is very important to us, this is a way that we generate more profits rather than of sticking into a stable market design where chances of making money are at a very low percentage. Glad we have this kind of market form and we have to use this flows to make a high percentage benefits.
It won't bother me if it often to have huge fluctuation cause that's the reason we are still alive and that's the market we are in.
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