Topic: Instability and fluctuations of bitcoin. How dangerous is this? (Read 573 times)
Instability and fluctuations were the attractive features of bitcoin as well other cryptocurrency. So one who fear of this is truly not suitable to use bitcoin as well other cryptocurrency. Only because of these features it has got several trading features and more people participating into it leading for a bigger and better circulation.
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Just like wtf?!
A thread with just an emoji. LOL!
Anyways, the instability and fluctuations are just some of the characteristics of a crpyto currency or even a real currency.
Fluctuations are here every minute as well as the instability.
I think nobody wants a stable price? Like if we're just stuck in the same rate all over the year, its sucks.
The volatility is what makes the currency more exciting.
I am in bitcoin just for instability and chaos. Love the rides
Seems its good for traders and to throw out all the weak hands. Me personally I'm a hodler so I don't mind the volatility and I can still expect great long term returns.
You know what a little bit effort and time spent on posting more than a title and a symbol is considered as a contribution OP talking to you.
Can you drink 4 liters of water and never piss? can you go under the shower and expect not to get wet? can you touch fire and not to get burnt?
What happens if you take away the heat from fire? that wont be called fire any more, what happens if you take the wetness out of water?
No longer could you call it water, these examples I picked up long time ago from some posts, even though they are being repeated but actually
Worth thinking deeply about them when it comes to Bitcoin and fluctuations+volatility.
Can you drink 4 liters of water and never piss? can you go under the shower and expect not to get wet? can you touch fire and not to get burnt?
What happens if you take away the heat from fire? that wont be called fire any more, what happens if you take the wetness out of water?
No longer could you call it water, these examples I picked up long time ago from some posts, even though they are being repeated but actually
Worth thinking deeply about them when it comes to Bitcoin and fluctuations+volatility.
I am in bitcoin just for instability and chaos. Love the rides
Can't call it dangerous because these fluctuations and instability is the only reason bitcoin is here today if it would have been stable it would surely be centralised and if it was centralised no use of investing because there are many safe centralised investments. Another reason is because bitcoin is decentralised the price fluctuates
Instability and fluctuations in bitcoin I think is a natural thing. Bitcoin is famous for a very fluctuating price so maybe it's no problem,but it might be weird if bitcoin prices stabilize. I think the danger of fluctuating bitcoin prices is the price that at any time can fall, it will make people do panic selling. This will affect the development of bitcoin in the coming months. But as long as bitcoin continues to develop, instability and fluctuations in bitcoin do not become dangerous, even profitable.
It's dangerous in a way how it behaves it's price in the market and that fluctuations can be alarming to the new investors, but profitable to new buyers. Fluctuations is nothing to be worried of as long as you have prescence of mind and you do have the courage to face challenging situations like unpredictable bitcoin price is changing everyday. Danger of fluctuations is revealing always so you should stay strong and don't be discourage if price suddenly falls down.
We cannot call bitcoin is unstable because it is constantly giving fluctuations which are very much useful for traders as well as for active investors. Yes, I mean to say bitcoin is very much consistent with its volatility, anyone who are skilled to make use of this volatility can make good profits out of it.Fluctuations are common for any commodity hence we never need to treat it as dangerous to bitcoin ecosystem and its progress. Bitcoin was designed to have huge value, in order to attain those huge values, bitcoin must be having to fluctuate so that traders and investors will get attracted.
Instability and fluctuations of bitcoin prices will always be. Due to the fact that bitcon has no Central management and its price is regulated only by demand. Fiat currencies do not have this problem because of the actions of Central banks. If you get used to it that it does not interfere. This can even have additional income.
That is not why Bitcoin is so volatile. It is. Cause of the nature of Bitcoin investors. They are retail investors mostly with weak hands. If more institutional investors come into Bitcoin, it will stabilize. I wrote about this here:
http://www.demoinvestor.com/articles/00000001
It's dangerous in a way how it behaves it's price in the market and that fluctuations can be alarming to the new investors, but profitable to new buyers. Fluctuations is nothing to be worried of as long as you have prescence of mind and you do have the courage to face challenging situations like unpredictable bitcoin price is changing everyday. Danger of fluctuations is revealing always so you should stay strong and don't be discourage if price suddenly falls down.
Instability and fluctuations were commonly found with bitcoin. If one is fear of the instability and fluctuations of bitcoin and other digital currency he's not at all suitable to use bitcoin. Because every now and then price variation happens and sometimes this might be in a large scale and in some the minor fluctuations occur.
If you are a day-trader it should bother you.
But if you zoom out a little and look at the last months or even weeks,
you can see a stable rise, and then pretty stable price of around $2.5k .
put your money in bitcoins and come back in one year, I'm sure you'll be happy.
But if you zoom out a little and look at the last months or even weeks,
you can see a stable rise, and then pretty stable price of around $2.5k .
put your money in bitcoins and come back in one year, I'm sure you'll be happy.
bitcoin is stable in chaos!
the fluctuation that you see is only in price and always lasts a short time before it is stable again. if you look at the charts you can see this happening all the time.
also this is the part and parcel of a new technology which is constantly growing and being adopted. new money comes in, price goes up. people panic price drops.
and also it is mostly because the market is very small. if you look at the orderbooks they seem big at first but compared to the total volume that goes in and out they can change easily and large. hence the big fluctuations.
the fluctuation that you see is only in price and always lasts a short time before it is stable again. if you look at the charts you can see this happening all the time.
also this is the part and parcel of a new technology which is constantly growing and being adopted. new money comes in, price goes up. people panic price drops.
and also it is mostly because the market is very small. if you look at the orderbooks they seem big at first but compared to the total volume that goes in and out they can change easily and large. hence the big fluctuations.
BTC
i think the instability and fluctuation of bitcoin is not the new thing, it always happen to bitcoin and i think the instability and fluctuation of bitcoin is very profitable for the traders and investors because if the bitcoin was a stable currency and not fluctuated then how people get the profit from buying and selling of bitcoin and i think it is not much dangerous but sometimes due to carelessness people face some difficulty. BTC
Is this a joke you just make a thread and just put a emoji, have some courtesy and put up a line or two so people will bother to answer you. Is $ full time stable, is euro and other currencies stable, is the stock market guaranteed. Stop making Bitcoin a scrape goat, it is good and be is giving good returns, you should know how to use it rather blame it. Every fluctuations is a earnings opportunity hope you earn good from it.
Instability and fluctuations of bitcoin prices will always be. Due to the fact that bitcon has no Central management and its price is regulated only by demand. Fiat currencies do not have this problem because of the actions of Central banks. If you get used to it that it does not interfere. This can even have additional income.
BTC
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