Is bitcoin volatility here to stay? - page 2.

Janation

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Quote from: Wisbrown on January 05, 2021, 06:56:09 PM

Bitcoin volatility has not really come to stay yet but there is a speculation that it cannot fall below $20k, but yet to be confirm by me.

What do you mean?

Bitcoin is volatile, in fact, one of the words that would come into your mind when you talk about bitcoin is its volatility. The reason that we are seeing this huge price leap for a period of weeks now is the fact that Bitcoin is volatile. Volatility doesn't just talk about dumping of price, as long as the price quickly changes in short period of time, as long as it can be affected by small movements, it is volatile.

Questat

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Quote from: johnnathanexo on January 05, 2021, 10:53:51 PM

Since its launch, bitcoin has seen its price vault from $0.0008 to nearly $30,000 now. According to Forbes expert, "There are many such use cases for crypto, and we expect these to expand rapidly in the coming year."

Your information is a bit outdated, it's already at $36000 now, (http://preev.com/)

Bitcoin is almost worthless when it started trading and only few really see the potential of bitcoin in the long and they are so wealthy now.
For us who have not invested yet, it's not too late, bitcoin price is still cheap since massive adoption ins expected in the long run.

institutional investors making it looks so legit, and it resulted to this high price now.

FlightyPouch

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Quote from: pecson134 on January 04, 2021, 03:10:44 AM

It is quite common in bitcoin so don't expect it to be removed from the system. We can say that the volatility of bitcoins was still high since with the sudden surge of bitcoin price unless the price would constantly increase and decrease simultaneously with a low price adjustments

The reason why we are seeing this kind of a price change in a year is the fact that bitcoin and crypto currencies as a whole is volatile. Without it, I think there would be a price change like this, not because of the volatility of it but because of the reason that without it, I think there would be no investors that would be interested in it.

johnnathanexo

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Since its launch, bitcoin has seen its price vault from $0.0008 to nearly $30,000 now. According to Forbes expert, "There are many such use cases for crypto, and we expect these to expand rapidly in the coming year."

Sithara007

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I would like to remind a few things. Most of the posters consider Bitcoin to be volatile, because it's exchange rate versus the US Dollar is not very stable. In the past 3 months, the exchange rate has increased by almost 250% (no one is going to complain about that though). But now we are making the comparison with USD and the question is whether the USD is a stable asset or not? IMO, it is not. Especially after the multi-trillion stimulus program, its value (i.e the purchasing power) has gone down. So in order to have a stable exchange rate against the USD, Bitcoin needs to devalue its purchasing power.

Wisbrown

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Bitcoin volatility has not really come to stay yet but there is a speculation that it cannot fall below $20k, but yet to be confirm by me.

kapalmabur

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Bitcon's volatility is a positive value for the world of trading, when compared to stocks, gold and other assets, crypto trading is high risk trading, it's already becoming popular, and in crypto it always gives surprises with high rises that don't exist in other trades other than crypto, yeah everyone likes it it's just that if bitcoin becomes a currency then volatility is not a good thing

CryptoLogo

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In my opinion, we need to shoulder our emotion while we here in the Bitcoin trading process, there's no need to compress anything when the wave of the price went down, moreover, much better to stay here while waiting for the next impact, right here, consideration is a perfect ability to make more profit because, since the Bitcoin has invented and the form was made to complete, volatility is behind, therefore, when it comes, just relax.

I absolutely do not understand what you are calling for.
Besides, volatility has no place to be, or what it is, but we shouldn't pay attention to it? I read your message three times and realized that I did not understand anything.
Volatility is what allows us to make money in a short time, without it, Bitcoin would be like gold.

Karartma1

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Quote from: Viscore on January 04, 2021, 03:01:39 AM

Quote from: MCobian on January 03, 2021, 06:34:28 PM

I think Bitcoin volatility will remain and will not disappear, even Gold and fiat will experience less volatility. Because Bitcoin volatility is high enough,
it attracts the attention of many investors. For smart people, they can definitely take advantage of Bitcoin volatility to generate profits. So there is
no need to be afraid of Bitcoin volatility, if we can use it, it will provide many benefits for us. In fact, the first time I became interested in Bitcoin
trading because of the volatile Bitcoin price.

We are witnessing a pump, next movement should be the dump, and that's what you called volatility, high volatility actually.
That would not stop or will be eliminated as its the nature of crypto, for decentralized coins, and that makes traders to be more interested in crypto.

Look how much bitcoin has increased, and then compared how big it will dump when the correction happen.

We never saw these prices before and nobody knows what can happen. We don't even know what are probable support levels as bitcoin smashed almost every resistance along the way.
This is the unknown bitcoin market and for those who are here since a while it is not very surprising.

pecson134

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Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

It is quite common in bitcoin so don't expect it to be removed from the system. We can say that the volatility of bitcoins was still high since with the sudden surge of bitcoin price unless the price would constantly increase and decrease simultaneously with a low price adjustments

Viscore

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Quote from: MCobian on January 03, 2021, 06:34:28 PM

I think Bitcoin volatility will remain and will not disappear, even Gold and fiat will experience less volatility. Because Bitcoin volatility is high enough,
it attracts the attention of many investors. For smart people, they can definitely take advantage of Bitcoin volatility to generate profits. So there is
no need to be afraid of Bitcoin volatility, if we can use it, it will provide many benefits for us. In fact, the first time I became interested in Bitcoin
trading because of the volatile Bitcoin price.

We are witnessing a pump, next movement should be the dump, and that's what you called volatility, high volatility actually.
That would not stop or will be eliminated as its the nature of crypto, for decentralized coins, and that makes traders to be more interested in crypto.

Look how much bitcoin has increased, and then compared how big it will dump when the correction happen.

MCobian

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I think Bitcoin volatility will remain and will not disappear, even Gold and fiat will experience less volatility. Because Bitcoin volatility is high enough,
it attracts the attention of many investors. For smart people, they can definitely take advantage of Bitcoin volatility to generate profits. So there is
no need to be afraid of Bitcoin volatility, if we can use it, it will provide many benefits for us. In fact, the first time I became interested in Bitcoin
trading because of the volatile Bitcoin price.

zeuner

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Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

The volatility is often measured in comparison with another asset. Often, the other asset is a fiat currency. Today's fiat currencies are usually open to monetary policy like adapting the money supply in order to protect the interests of the nation or union that issues them. Given this fundamental difference between most fiat currencies and Bitcoin, I see no way of the volatility going away when measuring it this way.

Bluto

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At some point it will definitely decrease by a substantial amount. But since bitcoint is not trusted by most as much as lets say silver or gold and given the fact that even people with a very low budget and experience can buy it easily, it will stay relatively volatile for the foreseeable future. But at least thats a good thing for some day traders I guess.

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Quote from: franklin2058 on June 28, 2019, 03:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

Bitcoin volatility would definitely stay, it would keep on occuring as time passes by. Bitcoin's value is volatile and it will always be so we must learn to adapt on how we can make sure our safety and our profit as it keeps on going. Volatility means the price would keep on changing as time passes, not only when it will decrease so in terms of bitcoin, it is already expected that volatility would keep on taking place no matter what. Always be adjustble and flexible on the changes that will happen in bitcoin so that we can make the most of it always.

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Quote from: bitbunnny on February 17, 2020, 03:07:21 AM

If there wasn't volatility how could traders earn their profit? Exactly the volatility of price is source of their income and therefore volatility isn't necessary a bad thing

There are many ways to look at this

Really, if Bitcoin is expected (or should I now rightfully say was expected?) to become a universal means of payment, and for that, it should be rock solid and stable in terms of other currencies (mostly, the dollar). In this vein, if Bitcoin's volatility isn't necessarily a bad thing for traders as for them Bitcoin is merely a vehicle for speculation (read, they expect and welcome this volatility), it is one for the purpose of turning into a full-fledged and universally accepted means of exchange

bitbunnny

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Recent price movements once more prove exactly that, volatility is always present and can't be avoided. It's part of Bitcoin "code" and how it's functioning. So, Bitcoin price can't be stable.
If there wasn't volatility how could traders earn their profit? Exactly the volatility of price is source of their income and therefore volatility isn't necessary a bad thing.

josephsonand

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I think that volatility may increase along with an increase in the price of bitcoin.
And I also believe in hodl. Personally, I'm still at a loss, but I still believe that I'm on the right side.

Zemomtum

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volatility is still present as the market is still young. When the adoption is really manifested, we might have a different scenario. Few people hold a large chunk of BTC and the result is what we are getting now. Better days still lie ahead when the market stabilizes and the adoption increases.

Finestream

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Quote from: kawetsriyanto on February 14, 2020, 05:14:12 PM

>Consider both positive and negative sides, so you are ready in every condition.

Exactly, especially in the negative condition as that is likely what some of the investors missed out and they'll try to complain after they proven their decision is wrong. Basic rules in trading, buy the dip and sell at peak, and don't fall for the FUD and FOMO.

Topic: Is bitcoin volatility here to stay? - page 2. (Read 5000 times)