How to Deal with Volatility? | Bitcointalksearch.org

tvplus006

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Quote from: Ziskinberg on February 27, 2023, 04:53:24 AM

...Just like I said, no way to lose if we can manage to handle our emotions and follow the role: buy low and sell high.

If it were really that simple, buy low and sell high, only those who make a profit would be present on the market. But the reality is that there are a minority of such on the market. And where we see that the price has reached a minimum, most often afterwards we see another price decrease.

Ziskinberg

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Quote from: Cling18 on February 04, 2023, 11:10:57 AM

Quote from: Ziskinberg on February 04, 2023, 10:01:14 AM

Does the volatility really be the reason why people had lose? Well, I don't think so. People had lost their investments because of being too emotional, having no trust in their investments, and most of all, their negative mindset.

There is no other way to deal with the volatility but to embrace this. In fact, we don't need to be afraid of the unpredictable trend but rather make use of this to earn more. Because the more we understand the importance of volatility, the more we like it.

Cryptocurrency wouldn't be profitable if it isn't volatile. Losing could happen if we don't know how to take advantage of every market situation. The right time to buy and sell will be the best way to make a profit. Volatility is the unique characteristic of cryptocurrency that is an open opportunity for everyone to make money. Losing is normal but losing repeatedly simply means that we don't have enough knowledge about how the market works yet.

I'd never thought about the right time when to buy or sell but at least we take the best price possible.
It was indeed grateful to have this nature of the market for it was the reason why we earn but too unfortunate that some people are complaining which in fact, they are also benefiting from the chance. If we are only just too patient and take the best option, I don't think we lose. Just like I said, no way to lose if we can manage to handle our emotions and follow the role: buy low and sell high.

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Quote from: rozak on February 25, 2023, 10:34:47 PM

Quote from: michellee on February 25, 2023, 09:41:00 PM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals. we know that crypto market is a very volatile one up until now. if you have tangible assets, you can still be at peace with yourself if the crypto market crash for a reason. hard to trust alts these days. if you will venture into alts, make sure you are keeping up with their developments, otherwise, don't touch this market.

Precisely with the fluctuation of the crypto market, it can provide an opportunity for us to benefit from many coins. It will not be as easy as we imagine because we have to analyze each coin that we want to use as a trade. And this is the appeal of altcoins that can make many traders still use altcoins as a way to make a profit. But many of them cannot even benefit because of wrong analysis. To make peace with volatility, we must learn more than others to find loopholes that we can use to buy at low prices and sell at high prices.

Maybe investing in the things you mentioned can help diversify their assets but usually, it will require a large amount of capital. So the crypto market can be an option to diversify assets but don't be afraid of the volatility because crypto market movements may be more extreme than other markets.

All of course requires stages to achieve it all. For beginners market fluctuations are clearly worrying, even making panic novice traders. For those who are used to it, as you say, it will make it easier for them.
Beginners must pay gradually, focus on some of the assets traded and they can analyze how the market characters of some altcoin assets will be different. And everything requires a different analysis. Those who want to learn can definitely control their emotions. And that will provide valuable lessons.

Even though they are beginners, if they want to learn like everyone else, they will be able to control their emotions and won't panic even if the market is undergoing a correction. Those beginners can adapt well and may see something that others don't in the form of an opportunity to buy a lot of potential coins, not just buy bitcoins. And when the price starts to reverse, they will see how much their investment value has grown and they only have to decide when they can take the profit.

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if it's volatility then you could simply hold an asset that have low rate of volatility, in fact many asset like gold and some fiat in general have relatively low volatility.
but the thing is, would you get benefit from holding those I guess you don't, the thing with volatility is that you could also make some good money out of it by using the volatility in increasing your wealth.
had you invested in some coins that are truly volatile you might make massive profit if you got the right coin, it's matter of how your strategy against the volatility in general.
i'd say if you care enough to invest you'd simply grow your money instead of worrying about how you should save your wealth from volatility.

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Quote from: tvplus006 on February 26, 2023, 07:16:09 AM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

Some are too focus on crypto while some are already into this kind of diversification and I believe, we all have this goal outside cryptomarket and that could be the best solution to deal with the volatility. This market is very active, volatility makes it more profitable to some, all you have to do is to analyze the price trend. There’s no way to get out of this volatility, you have to deal with it as much as possible.

virasisog

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Quote from: Oilacris on February 26, 2023, 02:05:21 PM

Quote from: tvplus006 on February 26, 2023, 07:16:09 AM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

You are right and this is why not all would really be having that chances on diversifying out because of lack of funds or not really that financially capabled or had already put up into various
investment but we do know about that diversification is always been best, its not necessary on getting on all in but having several ones would really be that recommendable.

Speaking about volatility handling then it would really be depending into you on how you would really be dealing off with.Just make sure that you are fully aware
on what are the opportunities that it could really give and also the risks that it is really that involved.

Volatility is uncontrollable so we have no choice but to deal with it with grace. It all depends on our purpose and our target goal. If we are focusing on long-term investment, we should just observe the market as well as the movement of our holdings but if we know their capability, better be patient and wait for the best peak to sell. It might sound as easy as others think but it is a big challenge to us emotionally. As for me, if we already know how the market moves previously, we shouldn't feel bothered by every price drop of our coins but instead, take them as an opportunity either to buy or sell.

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Quote from: tvplus006 on February 26, 2023, 07:16:09 AM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

You are right and this is why not all would really be having that chances on diversifying out because of lack of funds or not really that financially capabled or had already put up into various
investment but we do know about that diversification is always been best, its not necessary on getting on all in but having several ones would really be that recommendable.

Speaking about volatility handling then it would really be depending into you on how you would really be dealing off with.Just make sure that you are fully aware
on what are the opportunities that it could really give and also the risks that it is really that involved.

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Quote from: Taskford on February 26, 2023, 10:39:38 AM

Quote from: tvplus006 on February 26, 2023, 07:16:09 AM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

Everyone could start with a chunk and later in if they are successful then they think about investing on other alternative option since this is the best thing to do. Since trusting only on altcoins might put you at risk because we know sometimes its volatility is so traitor and we could lose all we have in short period of time.

An alternative option means diversifying the investment to be made. To choose altcoins, it is better to use altcoins that are already highly ranked, don't choose high-risk altcoins that will be lost and abandoned. even the top altcoins are not a guarantee of success either. Altcoins do have higher volatility because there are many influences that will make the price very unstable, but by doing the right management and entering at the right price, the profit will be bigger.

Quote

To deal with volatility well maybe the least thing we can do is always not to expect to much with more huge pump because once we look for more and never secured the possible profit we already achieve then maybe we will hit back by the dump and somehow we go on losing stage.

The big pump only happens instantly and it will also be accompanied by a big dump. instead of hoping for a big pump, it is better to focus on accumulating profits for the long term, and that would be a good strategy. Expecting fast profits, you must also be prepared for fast losses.

Taskford

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Quote from: tvplus006 on February 26, 2023, 07:16:09 AM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

Everyone could start with a chunk and later in if they are successful then they think about investing on other alternative option since this is the best thing to do. Since trusting only on altcoins might put you at risk because we know sometimes its volatility is so traitor and we could lose all we have in short period of time.

To deal with volatility well maybe the least thing we can do is always not to expect to much with more huge pump because once we look for more and never secured the possible profit we already achieve then maybe we will hit back by the dump and somehow we go on losing stage.

tvplus006

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Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Stay informed: Stay informed about market trends, regulatory changes, and technological developments that may impact the crypto market.

By now, both traders and non-traders alike are familiar with the volatility in the crypto ecosystem and have either developed their own system for dealing with it or just followed the systems already in place in the public space. As a trader, I have my own ways of dealing with it. The first thing I do every morning, which is something I learned from my trading mentor, is to read the news. I have read everything that relates to the cryptocurrency market. It would be a shame if I was ever caught off guard. Having the latest information at hand helps me stay focused and guides my trading during the day.

The second thing I do follows from the first. Based on the news information, I may rewrite it, modify it, or just stick with it. My plan is robust, and I do not joke with my risk management contingencies. It is not always perfect but it leaves only 5% -10% margin for error. I have many more ways I deal with volatility but then these are the two most important.

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Quote from: michellee on February 25, 2023, 09:41:00 PM

Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals. we know that crypto market is a very volatile one up until now. if you have tangible assets, you can still be at peace with yourself if the crypto market crash for a reason. hard to trust alts these days. if you will venture into alts, make sure you are keeping up with their developments, otherwise, don't touch this market.

Precisely with the fluctuation of the crypto market, it can provide an opportunity for us to benefit from many coins. It will not be as easy as we imagine because we have to analyze each coin that we want to use as a trade. And this is the appeal of altcoins that can make many traders still use altcoins as a way to make a profit. But many of them cannot even benefit because of wrong analysis. To make peace with volatility, we must learn more than others to find loopholes that we can use to buy at low prices and sell at high prices.

Maybe investing in the things you mentioned can help diversify their assets but usually, it will require a large amount of capital. So the crypto market can be an option to diversify assets but don't be afraid of the volatility because crypto market movements may be more extreme than other markets.

All of course requires stages to achieve it all. For beginners market fluctuations are clearly worrying, even making panic novice traders. For those who are used to it, as you say, it will make it easier for them.
Beginners must pay gradually, focus on some of the assets traded and they can analyze how the market characters of some altcoin assets will be different. And everything requires a different analysis. Those who want to learn can definitely control their emotions. And that will provide valuable lessons.

michellee

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Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals. we know that crypto market is a very volatile one up until now. if you have tangible assets, you can still be at peace with yourself if the crypto market crash for a reason. hard to trust alts these days. if you will venture into alts, make sure you are keeping up with their developments, otherwise, don't touch this market.

Precisely with the fluctuation of the crypto market, it can provide an opportunity for us to benefit from many coins. It will not be as easy as we imagine because we have to analyze each coin that we want to use as a trade. And this is the appeal of altcoins that can make many traders still use altcoins as a way to make a profit. But many of them cannot even benefit because of wrong analysis. To make peace with volatility, we must learn more than others to find loopholes that we can use to buy at low prices and sell at high prices.

Maybe investing in the things you mentioned can help diversify their assets but usually, it will require a large amount of capital. So the crypto market can be an option to diversify assets but don't be afraid of the volatility because crypto market movements may be more extreme than other markets.

LUCKMCFLY

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Quote from: AmoreJaz on February 25, 2023, 05:14:16 PM

Quote from: LUCKMCFLY on February 25, 2023, 10:47:46 AM

Quote from: lionheart78 on February 11, 2023, 04:44:06 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Diversification doesn't mean you need to invest your money in different cryptocurrencies. Remember the most liquid in the market is Bitcoin, so investing your funds in other cryptocurrencies means making your risk of losing getting higher. Instead, you can invest your fund out of the cryptocurrency industry. That is what we called true diversification. If you can see the picture: one basket is a cryptocurrency, another basket is on stocks, then another one is on gold. that is what true diversification means to me.

I would not really diversify my money or my investment in other altcoins, I prefer to put everything in Bitcoin, because we do not know if Bitcoin could have a strong fall, it is not exempt from it, that can happen, however we hope that it will not be like that, Now the only good thing I see about putting money in the altcons is that bitcoin becomes bullish and we have confirmation of such a trend, at that moment it is good to buy Altcoins because I am sure they can jump 2x, 3x, 5x, even more, and this is because I have seen it in the trends that Bitcoin has developed.

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals. we know that crypto market is a very volatile one up until now. if you have tangible assets, you can still be at peace with yourself if the crypto market crash for a reason. hard to trust alts these days. if you will venture into alts, make sure you are keeping up with their developments, otherwise, don't touch this market.

Actually, I think we all always have a fresh start every day, because in trading you learn every day. I am a person who likes to read many books about trading, about the stock market, about any speculative market because I know that all the information that can be extracted from there is very applicable now.

In some books they always recommend diversifying your money, just as you say, I think that one of the best things that can be done is to diversify into Real Estate, Gold, and why not, have some Fiat money for any emergency, even sometimes even in any business you can put a part of the money.

AmoreJaz

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Quote from: LUCKMCFLY on February 25, 2023, 10:47:46 AM

Quote from: lionheart78 on February 11, 2023, 04:44:06 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Diversification doesn't mean you need to invest your money in different cryptocurrencies. Remember the most liquid in the market is Bitcoin, so investing your funds in other cryptocurrencies means making your risk of losing getting higher. Instead, you can invest your fund out of the cryptocurrency industry. That is what we called true diversification. If you can see the picture: one basket is a cryptocurrency, another basket is on stocks, then another one is on gold. that is what true diversification means to me.

I would not really diversify my money or my investment in other altcoins, I prefer to put everything in Bitcoin, because we do not know if Bitcoin could have a strong fall, it is not exempt from it, that can happen, however we hope that it will not be like that, Now the only good thing I see about putting money in the altcons is that bitcoin becomes bullish and we have confirmation of such a trend, at that moment it is good to buy Altcoins because I am sure they can jump 2x, 3x, 5x, even more, and this is because I have seen it in the trends that Bitcoin has developed.

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals. we know that crypto market is a very volatile one up until now. if you have tangible assets, you can still be at peace with yourself if the crypto market crash for a reason. hard to trust alts these days. if you will venture into alts, make sure you are keeping up with their developments, otherwise, don't touch this market.

LUCKMCFLY

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Quote from: lionheart78 on February 11, 2023, 04:44:06 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Diversification doesn't mean you need to invest your money in different cryptocurrencies. Remember the most liquid in the market is Bitcoin, so investing your funds in other cryptocurrencies means making your risk of losing getting higher. Instead, you can invest your fund out of the cryptocurrency industry. That is what we called true diversification. If you can see the picture: one basket is a cryptocurrency, another basket is on stocks, then another one is on gold. that is what true diversification means to me.

I would not really diversify my money or my investment in other altcoins, I prefer to put everything in Bitcoin, because we do not know if Bitcoin could have a strong fall, it is not exempt from it, that can happen, however we hope that it will not be like that, Now the only good thing I see about putting money in the altcons is that bitcoin becomes bullish and we have confirmation of such a trend, at that moment it is good to buy Altcoins because I am sure they can jump 2x, 3x, 5x, even more, and this is because I have seen it in the trends that Bitcoin has developed.

posi

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Quote from: stadus on February 12, 2023, 04:03:26 AM

Nothing can do about this but face it and challenge ourselves to go along with the situation because no matter what we do, the volatility of the market remains. But I don't think that is a problem, in fact, we are indeed grateful to have this volatility for this is the reason that will give us chance to earn more (and lose). But if you are still doubtful about the capability of the market, no matter what you do, negativity is still in your mind which could beat you from moving.

Yes, let's face it, or rather take advantage of market volatility to our advantage instead of being scared. Most people invest in bitcoin because they like its high volatility, the more volatile the better the chances of making a profit. If bitcoin is not volatile, I would rather invest in the stock market or forex than invest in bitcoin. Bitcoin has risks, so once we invest in bitcoin, we have accepted the risk, so we also need a larger reward, if the risk is high but the reward is low, no one would be foolish to invest.

stadus

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Nothing can do about this but face it and challenge ourselves to go along with the situation because no matter what we do, the volatility of the market remains. But I don't think that is a problem, in fact, we are indeed grateful to have this volatility for this is the reason that will give us chance to earn more (and lose). But if you are still doubtful about the capability of the market, no matter what you do, negativity is still in your mind which could beat you from moving.

worle1bm

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The volatility is part of this market so we can't avoid it but we need to handle it like you have to invest in some potential coins like btc with long term in mind which already releif you from volatility tension as you will gain profits in that time period.The second option is to stick with some altcoins that have market liquidity and huge market cap that can help the coin to pump again.The volatility will always be there but you have to manage it accordingly that it won't effect you in bad way.

lionheart78

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Diversification doesn't mean you need to invest your money in different cryptocurrencies. Remember the most liquid in the market is Bitcoin, so investing your funds in other cryptocurrencies means making your risk of losing getting higher. Instead, you can invest your fund out of the cryptocurrency industry. That is what we called true diversification. If you can see the picture: one basket is a cryptocurrency, another basket is on stocks, then another one is on gold. that is what true diversification means to me.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.
Long-term focus: Don't make short-term decisions based on market fluctuations. Instead, focus on your long-term investment strategy and goals.
Risk management: Set stop-loss orders to limit your potential losses and protect your investments.
Stay informed: Stay informed about market trends, regulatory changes, and technological developments that may impact the crypto market.
Don't chase returns: Avoid making impulsive decisions based on news or rumours that promise quick profits.
Seek professional advice: Consult a financial advisor or investment professional to help you navigate the complexities of the crypto market and make informed investment
decisions.

Remember that investing in cryptocurrencies BTC comes with significant risks and it's important to thoroughly research and understand the market before making any investment decisions.

I am using the dollar cost average to minimize the volatility. It is something like you can divide the capital into multiple parts and invest in defined time periods. So you can reduce the average cryptocurrency values. Another main thing following is news regarding crypto to get an idea about the market volatility. When you come to portfolio management, don't put all the eggs in one basket. You can put the eggs in multiple baskets to handle risk and losses.

These are a few things:

1. Doller cost Average
2. Following the News
3. Portfolio management
4. Rebalancing

sulendra12

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Long-term focus: Don't make short-term decisions based on market fluctuations. Instead, focus on your long-term investment strategy and goals.

It just depends on the playstyle that trader choose. People would think volatile market is really good for day-trading and if they can pull that off then it's good for them. Sure long-term is really beneficial in most cases but you can't neglect the fact that day-trading is promising if you know what to do in some situations and conditions.

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Stay informed: Stay informed about market trends, regulatory changes, and technological developments that may impact the crypto market.

This one is great since if you follow the trend or updated news for most of the time you could catch up the hype and the train if you careful enough. But be aware for FUD and FOMO because that.

shinratensei_

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You just deal with it, volatility quite funny enough is the thing that so many people seeking when they investing in cryptocurrency because it could shorten their time of investing if a coin is volatile enough that it could either rise multiple folds or even decrease multiple folds.
The only way you could deal with it is having some kind of strategy since even diversifying won't seem to work since many of cryptocurrencies are always moves in unified movements, therefore you should always watch your investments more specifically the bitcoin trends. then if you want to avoid the volatility altogether after you're done with your investments you should just convert all your investments in stablecoin, that's the reason many favours it because it gives security towards your investment so that you will not worry about it for the long term.

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Quote from: AmoreJaz on February 06, 2023, 11:33:28 AM

Quote from: KingsDen on February 06, 2023, 03:13:59 AM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Lol... This is laughable. It looks as it you haven't own portfolio of different crypto assets before. You just read it from online. Was there ever a time that bitcoin will go down in the market and Etheruem and bnb for instance will continue to go up?
Bitcoin is the king and he is the driver of the market. When the king sneezes, the whole market shilvers.
So, if you are talking about diversification, it should be outside the cryptocurrency market and not among altcoins and shitcoins.

i guess, the OP is just giving a general piece of advise. as you said, it seems he just copied from all the other pointers that are already out there. but then again, if you do want to diversify your portfolio, as you said, look outside the crypto market. consider tangible assets like real-estate, gold and other precious metals and others. also, if you do want to invest other than btc, think of top alts only with rock solid foundation.hard to hold tokens or coins with pump and dump devs. volatility factor won't go away anytime soon, so that's part of this market that you seriously need to think about.

So many newcomers in the cryptocurrency industry who would say they want to diversify are not actually targeting to diversify, they are looking for the coin or any scheme that will double their money and that is why they're falling for scam projects and also run into the pump-and-dump schemes, in the end of the day they complain that cryptocurrency is scam

What we call diversification in cryptocurrency is not actually what it is called, but it is also better than buying some shit coins only by DCA method Grin

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Cryptocurrency trading must have Volatility in price and is not shocking for users because they have to deal with it. This volatile market provides profit to its users because if it persist in decline form then it will never have gave any sense of benefit to its users. If you think about stable coins then your lost can be reduces but those who are new in trading does not have any knowledge about anything related to trading so certain strategies should must equipped by the users. Bitcoin has the ability to reduce hour loses so always select coin like Bitcoin.

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Quote from: KingsDen on February 06, 2023, 03:13:59 AM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Lol... This is laughable. It looks as it you haven't own portfolio of different crypto assets before. You just read it from online. Was there ever a time that bitcoin will go down in the market and Etheruem and bnb for instance will continue to go up?
Bitcoin is the king and he is the driver of the market. When the king sneezes, the whole market shilvers.
So, if you are talking about diversification, it should be outside the cryptocurrency market and not among altcoins and shitcoins.

i guess, the OP is just giving a general piece of advise. as you said, it seems he just copied from all the other pointers that are already out there. but then again, if you do want to diversify your portfolio, as you said, look outside the crypto market. consider tangible assets like real-estate, gold and other precious metals and others. also, if you do want to invest other than btc, think of top alts only with rock solid foundation.hard to hold tokens or coins with pump and dump devs. volatility factor won't go away anytime soon, so that's part of this market that you seriously need to think about.

AnonBitCoiner

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Market is not trustable because its highly volatile and if you want to get success then apply some strategies because they will help you to reduce loss percentage. The strategies you have given will aid in getting profit. Stop loss will minimize your failure and will aid in taking good revenue.

If a person is not familiar with cryptocurrency price and prediction of price then taking help from fellows and Telegram group will correct your decision.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Lol... This is laughable. It looks as it you haven't own portfolio of different crypto assets before. You just read it from online. Was there ever a time that bitcoin will go down in the market and Etheruem and bnb for instance will continue to go up?
Bitcoin is the king and he is the driver of the market. When the king sneezes, the whole market shilvers.
So, if you are talking about diversification, it should be outside the cryptocurrency market and not among altcoins and shitcoins.

Hamza2424

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Op very simple avoid haha. Volatility is the opportunity and if you are not able to grab it then simply avoid it. In volatility for the Future traders it might be the curse or might be the blessing for them. Dear OP avoid future in volatility and hold your heartbeats take entry and give try to luck otherwise RIP volatility.

Captain Corporate

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It is definitely a psychological thing. I mean if you are not entirely sure where it is going, then it could be a very scary thing. If you don't own any, and its going up, you may feel a fear that you are going to miss out a chance to make a profit, buy it, but since it already went up, it could go down. Or even worse, you could sell because it is going down and you think it will bottom, so you sell at a loss, and then it goes up. You can see a ton of people saying "of course it went up as soon as I sold", because they do not wait, they don't "really" wait, nobody that waits years and years for bitcoin has ever lost, at most a year, but when its multiple, you make a profit. Which means that volatility could be beaten by ignoring the price and being long term.

beerlover

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Quote from: tjtonmoy on February 05, 2023, 02:04:58 PM

Quote from: Rigon on February 05, 2023, 08:04:54 AM

Yes, it is definitely better to invest on Bitcoin. Investing in Cryptocurrencies is however risky then investing in Bitcoin is much less than that of Altcoins. If the Bitcoin market is dumping, there is a possibility of recovery later. We have seen the Bitcoin market pump and then dump after that but the market recovers. In this regard, no matter how dumping the Bitcoin market is, there will be a recovery. But there are some altcoins that are dumped and may not rise again in the market later. So I would say whatever you do don't invest unnecessarily in different altcoins. You will fall into loss.

Yes, this is the first mistake newbies make. The one easy way to get your hands on some crypto is some giveaway or airdrop. And most of the time they pay you with alts. So the first thing you get is altcoins. From this direction, newbies choose to stick with alts and not focus on Bitcoin. By the time they understand the value of bitcoin, they already lose a lot in alts. Not everyone does this, but majority of them fall for this. But a smart investor or trader will always choose BTC over any shitcoins.

I think this mostly applies to the newbies of this generation but back when most of us pioneers are still a newbie, there are no other popular cryptos that time than Bitcoin so this is the first coin that we approach.

There are less or no losses at all but only regrets for not hodling our BTC longer and not buying more. Losses are normal but lots of it can be painful though it's still great if the newbies realize that BTC is much safer than some random alts. They can still possibly recover what they have lost before if they buy and HODL BTC harder. For us experienced users, many of us can still play around with altcoins and it's not wrong either because we already know how to play their game.

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Quote from: Rigon on February 05, 2023, 08:04:54 AM

Yes, it is definitely better to invest on Bitcoin. Investing in Cryptocurrencies is however risky then investing in Bitcoin is much less than that of Altcoins. If the Bitcoin market is dumping, there is a possibility of recovery later. We have seen the Bitcoin market pump and then dump after that but the market recovers. In this regard, no matter how dumping the Bitcoin market is, there will be a recovery. But there are some altcoins that are dumped and may not rise again in the market later. So I would say whatever you do don't invest unnecessarily in different altcoins. You will fall into loss.

Yes, this is the first mistake newbies make. The one easy way to get your hands on some crypto is some giveaway or airdrop. And most of the time they pay you with alts. So the first thing you get is altcoins. From this direction, newbies choose to stick with alts and not focus on Bitcoin. By the time they understand the value of bitcoin, they already lose a lot in alts. Not everyone does this, but majority of them fall for this. But a smart investor or trader will always choose BTC over any shitcoins.

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Quote from: GreatArkansas on February 05, 2023, 09:32:03 AM

I don't really agree here because you don't need really to diversify if you are just positioned on a good coin and good size, you will not really have a problem at all about diversification.
The best example here was Bitcoin and other altcoins, there is some time before that I regretted converting my Bitcoins to buy some altcoins. I calculated, if I just held my Bitcoin, I got more profits.

I think you got it right, but if you are more patient you will definitely get better returns. Basically this market can generate profits for both bitcoin and altcoin, both of which are equally profitable but of course with different proportions.

I have diversified assets so far and I own bitcoin as well as altcoin. I can expect both of these assets to give me decent returns, but I rarely convert bitcoins to altcoin, but I only prioritize DCA to buy them both on an ongoing basis.

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Strategies you mentioned are beneficial for those who wants to be successful in trading but one other strategy which I think that everyone should follow is that a person should not make sudden decisions first think that whether you are doing well or not. Like if trader sell the coin at low price and do not think that it will be enhances and do not think about holding so it's the fault of trader.

Market is not stable all the time it goes pump and dump so trade accordance with the market condition is good way to get income. Although users do no have information about the market pump and dump so keeping eyes on price chart will help the users to make better decisions.

GreatArkansas

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.
(.....)

I don't really agree here because you don't need really to diversify if you are just positioned on a good coin and good size, you will not really have a problem at all about diversification.
The best example here was Bitcoin and other altcoins, there is some time before that I regretted converting my Bitcoins to buy some altcoins. I calculated, if I just held my Bitcoin, I got more profits.

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Quote from: Yamifoud on February 05, 2023, 07:41:35 AM

It was indeed worrying for those who are not risk-takers and of course, for those who don't understand the nature of the market.
The volatility of the market is not the thing we consider a threat but indeed, it was a beneficial tool to help us traders and investors to gain profit. As we can see, the sudden pump of Bitcoin becomes widely talk not only in social media but also in the business world. It means that it attracts more attention and curiosity which brings more people to invest.

Yo dude, it's totally understandable to feel worried about the market and its volatility. But, let's not forget that these ups and downs can be used to our advantage as investors and traders.

I mean, just look at the recent buzz surrounding Bitcoin - it's getting major attention and drawing in more people to invest. So, instead of seeing volatility as a threat, let's see it as an opportunity to make some sweet gains.

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Quote from: tjtonmoy on February 02, 2023, 01:29:17 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I'm not so sure about this one, tho. I have close to zero trust on Alts. It totally centralized and can go downhill at any given time. While its rise may seem pegged to BTC, but it's not. Bitcoin will pump to the sky, while many alt coins may fall to the ground. So the best bet is to only Buy and HODL BTC. You can try Dollar Cost Averaging to survive the bear market. And on the bull run, it will also help. Invest in BTC in parts, but not in shitcoins.
Buy low, sell high. Or HODL for long term investment plan.

Yes, it is definitely better to invest on Bitcoin. Investing in Cryptocurrencies is however risky then investing in Bitcoin is much less than that of Altcoins. If the Bitcoin market is dumping, there is a possibility of recovery later. We have seen the Bitcoin market pump and then dump after that but the market recovers. In this regard, no matter how dumping the Bitcoin market is, there will be a recovery. But there are some altcoins that are dumped and may not rise again in the market later. So I would say whatever you do don't invest unnecessarily in different altcoins. You will fall into loss.

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It was indeed worrying for those who are not risk-takers and of course, for those who don't understand the nature of the market.
The volatility of the market is not the thing we consider a threat but indeed, it was a beneficial tool to help us traders and investors to gain profit. As we can see, the sudden pump of Bitcoin becomes widely talk not only in social media but also in the business world. It means that it attracts more attention and curiosity which brings more people to invest.

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Always make a trading plan so you have a track of when you got lost in your current situation because of the market volatility, for me ideal here is to keep updated with the current news so we know how the economic status really affects the market price of the bitcoin and if this is suitable with your trading plan you can now make a stop loss and take profit immediately. Another thing is to prevent doing a single investment in a single coin scattered your assets to prevent the price of the other asset goes down not all of your current portfolio losses.

tygeade

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Quote from: hugeblack on February 02, 2023, 05:00:15 PM

Diversification means your investment in different investment sectors. These sectors are not related to each other, or at least they work in opposite ways, so that you achieve a gain if one of them decreases because it works in the opposite direction.

Yes, of course. Diversification principle emphasizes NOT to invest in single thing with ALL 100% of capital. So, you may diversify within crypto space like 50% in bitcoin and 30% in ETH and then 20% in LTC. Again, investing only in cryptocurrencies (yet diversified crypto portfolio) will not help so for example, if you choose real estate means, you should not buy properties in a same city but you should diversify by buying in urban towns and agriculture lands in villages as well.

Diversification can help to cope up against volatility because different assets must be having different appreciation rate and different volatility levels. So, overall rate growth rate will have significant improvement over the time for sure.

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Proper research beforehand for the coins you are investing in keeps you sane in times of volatility, even if they fall/fail (take lessons). Bitcointalk always suggests btc - even if it goes 70% down they are like 'saitama ok' meme.

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Quote from: traderethereum on February 05, 2023, 01:04:00 AM

Quote from: rozak on February 04, 2023, 11:38:46 AM

never trust altcoins for the long term. focus on Bitcoins. it might be different if what you mean is altcoin trading. especially for those who are looking for short profits from meme coin trading. Market volatility also helps traders to earn profits.
but if you intend to invest, it will not be affected by the assets they hold. unless the investor is new and cannot be consistent with the investment plan he made himself.

This is a good suggestion because we have already seen how the altcoin market moves when bitcoin goes through a correction.
If they can only focus on collecting bitcoins, they will have no trouble analyzing when to enter the market.
And if they're also investing in altcoins, they need to build a list of altcoins to buy, which costs a lot of money.
It's better to use the money to buy those altcoins just to buy bitcoins because the potential for bitcoins to increase is very high in the future.

Yea I am also agreeing in this point that it's not a good decision to invest in alt-coin for long term investment. I think alt coins are only applicable for short time trading, that also for a few alt coins. Because in past days we have already seen how big alt coins have scammed people. For long term trading it is always better option to go for bitcoin.

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I don't recommend to spreading investment on different Crypto currencies . And since your suggestion is about long term investment and to do that you have to go for alt-coin investment, which is always risky.
It is better to invest for long term with good DCA strategy in Bitcoin than spread investment in alt coins. And short time investment in alt coins is better.

traderethereum

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Quote from: rozak on February 04, 2023, 11:38:46 AM

never trust altcoins for the long term. focus on Bitcoins. it might be different if what you mean is altcoin trading. especially for those who are looking for short profits from meme coin trading. Market volatility also helps traders to earn profits.
but if you intend to invest, it will not be affected by the assets they hold. unless the investor is new and cannot be consistent with the investment plan he made himself.

This is a good suggestion because we have already seen how the altcoin market moves when bitcoin goes through a correction.
If they can only focus on collecting bitcoins, they will have no trouble analyzing when to enter the market.
And if they're also investing in altcoins, they need to build a list of altcoins to buy, which costs a lot of money.
It's better to use the money to buy those altcoins just to buy bitcoins because the potential for bitcoins to increase is very high in the future.

rozak

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never trust altcoins for the long term. focus on Bitcoins. it might be different if what you mean is altcoin trading. especially for those who are looking for short profits from meme coin trading. Market volatility also helps traders to earn profits.
but if you intend to invest, it will not be affected by the assets they hold. unless the investor is new and cannot be consistent with the investment plan he made himself.

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Quote from: Ziskinberg on February 04, 2023, 10:01:14 AM

Does the volatility really be the reason why people had lose? Well, I don't think so. People had lost their investments because of being too emotional, having no trust in their investments, and most of all, their negative mindset.

There is no other way to deal with the volatility but to embrace this. In fact, we don't need to be afraid of the unpredictable trend but rather make use of this to earn more. Because the more we understand the importance of volatility, the more we like it.

Cryptocurrency wouldn't be profitable if it isn't volatile. Losing could happen if we don't know how to take advantage of every market situation. The right time to buy and sell will be the best way to make a profit. Volatility is the unique characteristic of cryptocurrency that is an open opportunity for everyone to make money. Losing is normal but losing repeatedly simply means that we don't have enough knowledge about how the market works yet.

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The only way to deal with the volatility is to hold your coins for long term. I am not talking about some shit random altcoins, I am talking about those that are well known and at the top of the market, with a strong community and being constantly developed. Yeah, you can spread your investment to different coins, but the more altcoins you invest in, the more risk you are at suffering from huge losses. Invest most of your coins in bitcoin and ethereum, and in the long run you will be making some good profit. Never go all in on other random altcoins! Another way to deal with volatility is to take advantage of the volatility to make profit, but the risk here is also high but with some quick nice returns.

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Quote from: Ziskinberg on February 04, 2023, 10:01:14 AM

There is no other way to deal with the volatility but to embrace this. In fact, we don't need to be afraid of the unpredictable trend but rather make use of this to earn more. Because the more we understand the importance of volatility, the more we like it.

Volatility help us earn, this what makes it more unique in stock trading as we will be able to earn more if we're good enough in trading since the prices can go up without waiting too much. In stocks even there is volatility it didn't happen in an instant or changes that much unlike in crypto. Though crypto trading it is riskier since we need to monitor it thoroughly and we need to keep ourselves prepared in the changes of the market,we must know the capability of the investment or coin we have to not lose that much.

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Does the volatility really be the reason why people had lose? Well, I don't think so. People had lost their investments because of being too emotional, having no trust in their investments, and most of all, their negative mindset.

There is no other way to deal with the volatility but to embrace this. In fact, we don't need to be afraid of the unpredictable trend but rather make use of this to earn more. Because the more we understand the importance of volatility, the more we like it.

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Quote from: tjtonmoy on February 02, 2023, 01:29:17 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I'm not so sure about this one, tho. I have close to zero trust on Alts. It totally centralized and can go downhill at any given time. While its rise may seem pegged to BTC, but it's not. Bitcoin will pump to the sky, while many alt coins may fall to the ground. So the best bet is to only Buy and HODL BTC. You can try Dollar Cost Averaging to survive the bear market. And on the bull run, it will also help. Invest in BTC in parts, but not in shitcoins.
Buy low, sell high. Or HODL for long term investment plan.

It can be said that this is a common mistake of many investors, we all know that the cryptocurrency market is very specific. The whole market depends on the volatility of bitcoin, as long as bitcoin falls, all altcoins will fall, so diversifying with different altcoins is useless and inefficient. Investment diversification means we need to invest in assets other than cryptocurrencies, not altcoins. And that is absolutely necessary, although bitcoin will offer higher returns than other assets, it also has a higher risk of all.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Seek professional advice: Consult a financial advisor or investment professional to help you navigate the complexities of the crypto market and make informed investment
decisions.

I think this is subjective.

You'll never know unless you notice it that the financial advisor or investment pro that you've been consulting has got their biases. Yeah, we may get some help from them and that's a plus in our investing journey.

But these days, many of these people are there for the commission as that's one of the source of income that they rely on. They may suggest some tips of where to invest after giving you some helpful tip on how to skip volatility, and you'll get there why for me it's subjective.

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Quote from: Zilon on February 02, 2023, 04:56:20 PM

Quote from: tjtonmoy on February 02, 2023, 01:29:17 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I'm not so sure about this one, tho. I have close to zero trust on Alts. It totally centralized and can go downhill at any given time. While its rise may seem pegged to BTC, but it's not. Bitcoin will pump to the sky, while many alt coins may fall to the ground. So the best bet is to only Buy and HODL BTC. You can try Dollar Cost Averaging to survive the bear market. And on the bull run, it will also help. Invest in BTC in parts, but not in shitcoins.
Buy low, sell high. Or HODL for long term investment plan.

It is about knowing which Alt has potential to do well. Diversification is just the only way to make a meaningful profit from crypto currency except for those who have good capital to go all in for Bitcoin. The biggest risk in Alt coin investment is falling for shit coin but hit and run method can limit the risk of falling for those scam projects. Take the profit when it is due and move on where investors fall prey is when the become greedy.

Whatever the situation is, Alts are just shitcoin. With bitcoin, even if you can't make profit in a short period of time, you can cover them up and gain profits with time. There's no guarantee with alts if they are going to do well or not even in a short period of time. It has a very high risk for investment. I know people are making good money with alts, but i don't wanna get caught in it. I just want to play safe of this field with Bitcoin.

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Quote from: tvplus006 on February 04, 2023, 08:02:47 AM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies...

In order to cope with the volatility in the cryptocurrency market and protect yourself from losses, you need to buy stablecoins. But holding stablecoins will not bring you profit. Increased same volatility opens up the possibility for a trader to get more profit, although at the same time the risk of losing their money increases.

Absolutely! Stablecoins can be a great way to protect yourself from the wild swings in the crypto market. They are designed to maintain a stable value, so you don't have to worry about your investments suddenly plummeting in value. However, you're right that holding onto stablecoins alone won't make you rich. To potentially earn bigger profits, you need to take on a bit more risk. That's where trading comes in - with increased volatility in the market, there's more opportunity for profit, but also a greater risk of losing money. It's all about finding that balance between risk and reward. Just make sure you understand the market and have a solid trading strategy in place, and you'll be in a good position to potentially see some gains.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies...

In order to cope with the volatility in the cryptocurrency market and protect yourself from losses, you need to buy stablecoins. But holding stablecoins will not bring you profit. Increased same volatility opens up the possibility for a trader to get more profit, although at the same time the risk of losing their money increases.

teosanru

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Volatility is a trader's friend and obviously it's worst enemy as well. Volatile makes sure you get quick returns or quick gains whenever a coin moves in any direction. I feel volatility ensures that your capital is not stuck in just one trade and obviously it's always beneficial to trade volatile coins. But at the same time volatility if it goes in the opposite direction can hurt you badly ofcourse. It'll not only kill you with losses but also make you lose your confidence in trading so it has to be dealt very smartly with proper stop losses.

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How to deal with volatility?

Make yourself that fully aware on what you are dealing off with.You shouldn't anticipate nor mind much about positive results and outcome or really trying after goes for profit so really bad.
Dont make yourself get in rush on seeing results because this would create that desperation.There's no way that you could fight back against volatility but rather this is the main thing that
what makes you able to earn out of those increasing and decreasing prices.If ever it wasnt really that volatile then people would really get less interested to it
and would be finding another place which they could really see some opportunity.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

The fact that you look at diversification this way, in terms of having your portfolio spread out amongst altcoins leaves yo think that your not even 50% on this particular idea. I mean, it should have been a well observed occurance fir you on market behaviour that, whatever affects bitcoin has a some worth direct relationship on altcoins as well. It's rather common that way, the bear of bitcoin is very much as well the bear of altcoins. They are all coins and that's a single umbrella. Diversifying within doesn't make no difference except when you take other investments outside the field. That way, we could say you've Diversified appropriately.

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Diversification is good only if you know where to diversify, some are holding a lot of coins and tokens thinking that they are doing great but actually its not because you have to choose the best option to diversify and not just buy without any analysis.

Volatility will always be here, the only way to survive is to ride with it and yes its possible that you can still make more money despite of the volatility, don’t just trade do your necessary analysis to ride the volatility.

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Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

Diversification means your investment in different investment sectors. These sectors are not related to each other, or at least they work in opposite ways, so that you achieve a gain if one of them decreases because it works in the opposite direction.
Therefore, the only diversification we can say is investing in currencies linked to the dollar and gold, given that these currencies are dangerous and have no guaranteed value, and therefore there is no such thing as diversification within the cryptocurrency market.

In general, volatility is useful in the event that you want to trade, but for long-term investment, do not be afraid of that.

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Quote from: tjtonmoy on February 02, 2023, 01:29:17 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I'm not so sure about this one, tho. I have close to zero trust on Alts. It totally centralized and can go downhill at any given time. While its rise may seem pegged to BTC, but it's not. Bitcoin will pump to the sky, while many alt coins may fall to the ground. So the best bet is to only Buy and HODL BTC. You can try Dollar Cost Averaging to survive the bear market. And on the bull run, it will also help. Invest in BTC in parts, but not in shitcoins.
Buy low, sell high. Or HODL for long term investment plan.

It is about knowing which Alt has potential to do well. Diversification is just the only way to make a meaningful profit from crypto currency except for those who have good capital to go all in for Bitcoin. The biggest risk in Alt coin investment is falling for shit coin but hit and run method can limit the risk of falling for those scam projects. Take the profit when it is due and move on where investors fall prey is when the become greedy.

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Quote from: so98nn on February 02, 2023, 02:10:53 PM

Haha, no bro you don’t do anything about the volatility. The volatility of this market plays with you!! All you can do is keep your money as it is in the form of let’s say bitcoins and only take them out from the cold storage when you think you have made enough progress with the profits. Otherwise volatility is always going to play with us and with our profits.

There is saying, you do not make any loss unless and until you don’t sell your assets for X value. So if the X value is lesser than your initial investment then it’s loss obviously. It’s always better to be in freezing position all the time unless you wanna cash out for emergencies.

That is a good advice for holders or for the ones which are struggling to make that transition, but for the ones trading the markets this is not a course of action they can put in practice, they need to find other ways to deal with the volatility, and there are several ways to go about this, one of those options could be to reduce the capital used on each trade since this reduces our exposure to the high volatility of this market, another option is to refuse to use leverage no matter how small since leverage has the effect of increasing the amount of money used on each trade, increasing our exposure to the volatility.

palle11

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Generally staying out on volatile market is best solution. Waiting never kills but it keeps your capital for you.

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Don't chase returns: Avoid making impulsive decisions based on news or rumours that promise quick profits.

This is important to abide to and not to do it. I will rather say don't chase your losses. Allow your losses go and look for a new and fresh start. When you abide to this then you see yourself correcting your initial mistake and picking profit. Having to look out for lost money makes you to be less focus on the total body language of the market but rather you get focused on how to get your losses back but you will keep losing out. So it is important not trade because you want to revenge your losses.

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Haha, no bro you don’t do anything about the volatility. The volatility of this market plays with you!! All you can do is keep your money as it is in the form of let’s say bitcoins and only take them out from the cold storage when you think you have made enough progress with the profits. Otherwise volatility is always going to play with us and with our profits.

There is saying, you do not make any loss unless and until you don’t sell your assets for X value. So if the X value is lesser than your initial investment then it’s loss obviously. It’s always better to be in freezing position all the time unless you wanna cash out for emergencies.

Coin Gorilla

newbie

Activity: 56

Merit: 0

Quote from: tjtonmoy on February 02, 2023, 01:29:17 PM

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I'm not so sure about this one, tho. I have close to zero trust on Alts. It totally centralized and can go downhill at any given time. While its rise may seem pegged to BTC, but it's not. Bitcoin will pump to the sky, while many alt coins may fall to the ground. So the best bet is to only Buy and HODL BTC. You can try Dollar Cost Averaging to survive the bear market. And on the bull run, it will also help. Invest in BTC in parts, but not in shitcoins.
Buy low, sell high. Or HODL for long term investment plan.

Yeah, maybe with other types of non-crypto assets with the "don't put all your eggs in one basket" in mind.

tjtonmoy

sr. member

Activity: 1008

Merit: 366

Quote from: Lee Dynamo on February 02, 2023, 10:38:50 AM

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.

I'm not so sure about this one, tho. I have close to zero trust on Alts. It totally centralized and can go downhill at any given time. While its rise may seem pegged to BTC, but it's not. Bitcoin will pump to the sky, while many alt coins may fall to the ground. So the best bet is to only Buy and HODL BTC. You can try Dollar Cost Averaging to survive the bear market. And on the bull run, it will also help. Invest in BTC in parts, but not in shitcoins.
Buy low, sell high. Or HODL for long term investment plan.

Lee Dynamo

newbie

Activity: 18

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To survive in the volatile crypto market, consider the following strategies:

Diversification: Spread your investments across different cryptocurrencies and assets to minimize the impact of market volatility on your portfolio.
Long-term focus: Don't make short-term decisions based on market fluctuations. Instead, focus on your long-term investment strategy and goals.
Risk management: Set stop-loss orders to limit your potential losses and protect your investments.
Stay informed: Stay informed about market trends, regulatory changes, and technological developments that may impact the crypto market.
Don't chase returns: Avoid making impulsive decisions based on news or rumours that promise quick profits.
Seek professional advice: Consult a financial advisor or investment professional to help you navigate the complexities of the crypto market and make informed investment
decisions.

Remember that investing in cryptocurrencies BTC comes with significant risks and it's important to thoroughly research and understand the market before making any investment decisions.

Topic: How to Deal with Volatility? (Read 488 times)