High Volatility in Cryptocurrency Market - page 3.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Saisher on July 05, 2019, 01:26:27 AM

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

The high volatility in the market is what makes investors make a profit if you are good in reading the chart and history of the coins you are supporting and had confidence in what you invested in, then there is nothing to worry, good things will be on your side.

This high volatility brings more players inside the market, not just because of certain project being announced, investors loves to take the risk and invest their money hoping that it will bring good growth for their investment, if you are confident that the assets you invested in are god enough to bring you great responds then all you have to do is wait and see the outcome.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

The high volatility in the market is what makes investors make a profit if you are good in reading the chart and history of the coins you are supporting and had confidence in what you invested in, then there is nothing to worry, good things will be on your side.

beerlover

legendary

Activity: 3052

Merit: 1188

I still can't believe people think that the comeback was caused by facebook and libra. First of all facebook has been known to look into cryptocurrency world far longer than this increase, they have been looking into it for over a year right now, the earliest article I can find about facebook and crypto currency is based on 2018 march, so we know they liked the idea.

The closes we have is June 18th when they decided it will be libra and made it open to public. So, why would anyone think a bitcoin that got increased since April has been affected at all by facebook I would never know. I mean even if the price were to be affected by facebook, the times do not match, nothing happened in April about facebook and libra that would make bitcoin go up, there has been rumors for over a year and it became reality in June 18th, what does it have to do with bitcoin going up in April?

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

Libra will have delayed due to the latest news, i thought that the attention will be focussed to make bitcoin grow even more. Forget libra and US regulators have taken a decision to prevent it.
This time we are waiting for the impact that will be created by the block halving of bitcoin.

Pyrojason

copper member

Activity: 174

Merit: 10

Buy low, sell high!

Not just in a generic cover-all kind of statement but - seriously follow the ebb and flow and get in, get out... but always keep some. If you're not sure.. only sell half. Buy more the next time around.
There's always a next time. Or someone's next time, at least.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

I don't consider it a fall, it's most like just a drop or correction because bitcoin is back now to a good price, it reached $12,000 today and now currently trading at $11700, there's a big volatility and we shall see this many times in the bullish market now.

Facebook hype remains, they say buy the rumors and sell the news, but after the news, it has not dump, instead people sees a long term effect to the market on the arrival of Libra, and if we see some growth now and we can convince that is organic, we should believe more next year as they will launch next year.

CryptoAlphaStar

full member

Activity: 574

Merit: 101

Volatility is not a bad thing if you want to earn money buying and selling coins and assets. It is a bad thing for mass adoption.
But if you are a small player, do you really need mass adoption? There are the volatile periods, that enable you to lock profits and there is also enough liquidity for a player of your caliber and league.

Antier Solutions

newbie

Activity: 17

Merit: 0

Quote from: coinporch on July 04, 2019, 03:51:23 AM

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

high volatility in crypto market is good for the people who can take an advatages from this volatility
because they can got huge profit in short, but remember the risk also higher in this crypto market
also i believe bitcoin will touch $20K or more, but maybe not in this year buddy

I agree with you, volatility is good for high risk taking investors. Such investors need to stay very up to date with market condition to benefit from the same.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

it is funny how the same false statement is being repeated on bitcointalk with throwaways accounts! it makes you wonder who is creating all these accounts to make this statement!

in any case, like i've said before bitcoin price rise had nothing to do with Facebooks shitcoin just like for the past 10 years that it went from 0 to $20000 it had nothing to do with Facebook and shitcoins like it.

Pyrojason

copper member

Activity: 174

Merit: 10

Yes.

When though.. before the 8th? Eh.. it might draw back more. Many "experts" are expecting another pull back of 3-4k before a larger spike.
Investment and industry interest vs retail interest - it's getting more well known this cryptoverse but you'll know it's "Mainstream" when Walmart has paper wallets for sale.
(Obviously more likely would be a virtual WM coin or something. I just like physical wallets.)

tenebriscaelum

member

Activity: 462

Merit: 11

Quote from: coinporch on July 04, 2019, 03:51:23 AM

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

high volatility in crypto market is good for the people who can take an advatages from this volatility
because they can got huge profit in short, but remember the risk also higher in this crypto market
also i believe bitcoin will touch $20K or more, but maybe not in this year buddy

Though there are also disadvantages in high volatility. As we can see that not all investors, traders, and hodlers are experts in seeing the signal of the market declining. As such once it happen there will be negativity in these group of people which will be the majority of the crypto space. Hopefully there this bullrun everthing will be different as many of us already learn form the last bull run.

coinporch

sr. member

Activity: 1036

Merit: 252

Dolphins Finance TRUSTED FINANCE

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

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, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

high volatility in crypto market is good for the people who can take an advatages from this volatility
because they can got huge profit in short, but remember the risk also higher in this crypto market
also i believe bitcoin will touch $20K or more, but maybe not in this year buddy

semobo

full member

Activity: 1498

Merit: 146

Quote from: Antier Solutions on July 03, 2019, 12:43:01 AM

The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

No..

The price raise happening before as well and the facebook took this situation into their advantage and released their project and nothing libra can be doing for the crypto market.

bolshojkush

sr. member

Activity: 784

Merit: 256

Binance #Smart World Global Token

Quote from: Jpti on July 03, 2019, 02:21:16 AM

We all know that the crypto market is volatile. Given this volatility, most of the coins go up and down in no time. It does happen whenever there is a good or bad news surrounding cryptocurrency. For instance, bitcoin reached at its peak of $20000, and dropped as low as $3700 in a short period. Again bitcoin increased high due to Facebook issuing its digital currency called Libra.

In the first Libra has not yet been released, and secondly the news about the planned release of Libra did not affect the growth of bitcoin. This is the market, bitcoin groped the bottom, now its rate began to grow. This has been repeated many times since its inception.

Jpti

member

Activity: 560

Merit: 10

We all know that the crypto market is volatile. Given this volatility, most of the coins go up and down in no time. It does happen whenever there is a good or bad news surrounding cryptocurrency. For instance, bitcoin reached at its peak of $20000, and dropped as low as $3700 in a short period. Again bitcoin increased high due to Facebook issuing its digital currency called Libra.

Antier Solutions

newbie

Activity: 17

Merit: 0

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.

Topic: High Volatility in Cryptocurrency Market - page 3. (Read 695 times)