Is bitcoin volatility here to stay? - page 6.

Edraket31

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Quote from: Karmakid on December 12, 2019, 08:02:26 AM

Bitcoin volatility is here to stay. There is no chance for bitcoin to become stable because the market of bitcoin is not regulated by the government and the market is also open 24/7 so there is no chance to prevent the market fluctuations. To be honest, it is an advantage to us because we can trade with the movements and make at least a few percentage of return.

Yes, it will not become stable especially that we do have a lot of holders in Bitcoin, so no matter how much we aim to make it stable it won't happen, especially that there are people who are holding Bitcoin that has an impact in the price once they sold it, crypto will stay but the price will differ from time to time, so we must be ready all the time.

Karmakid

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Bitcoin volatility is here to stay. There is no chance for bitcoin to become stable because the market of bitcoin is not regulated by the government and the market is also open 24/7 so there is no chance to prevent the market fluctuations. To be honest, it is an advantage to us because we can trade with the movements and make at least a few percentage of return.

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Quote from: lienfaye on December 12, 2019, 12:44:33 AM

Quote from: Vishnu.Reang on November 23, 2019, 10:51:21 AM

LOL... people talk about volatility only when the prices are down. This thread never gets active when the prices are going up. And that is exactly why the volatility of Bitcoin is not a bad thing. Despite its volatility, Bitcoin continues to give good returns to those who had invested in it. The only catch is that you need to stay calm and refrain from panic selling.

Some people are only seeing the good sides of volatility if the situation is favor to them like bull run but if they bought their coins at higher price and the market turns bearish they will start to question why this fluctuation is happening. Thats how crypto works and we should be aware of this before engaging ourselves to crypto. It started with volatility and will remain the same as long there's a demand for it

You can ride volatility either way

When the price is rising, you long buy and earn dough. When the price is falling, you short sell and again earn dough. Indeed, in real life it is more complex and complicated than that (e.g. with shorts your risks are virtually unlimited - only by the size of your deposit, while profits are always capped), but if you get the hang of it, you will welcome these bursts of volatility, actually wait for them, and start to question why they are not happening

lienfaye

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Quote from: Vishnu.Reang on November 23, 2019, 10:51:21 AM

LOL... people talk about volatility only when the prices are down. This thread never gets active when the prices are going up. And that is exactly why the volatility of Bitcoin is not a bad thing. Despite its volatility, Bitcoin continues to give good returns to those who had invested in it. The only catch is that you need to stay calm and refrain from panic selling.

Some people are only seeing the good sides of volatility if the situation is favor to them like bull run but if they bought their coins at higher price and the market turns bearish they will start to question why this fluctuation is happening. Thats how crypto works and we should be aware of this before engaging ourselves to crypto. It started with volatility and will remain the same as long there's a demand for it.

DevilSlayer

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Quote from: Questat on December 11, 2019, 07:44:32 PM

Quote from: Best Dreams on December 11, 2019, 04:53:02 PM

Quote from: ?? on ??

It seems to me now is the time to buy and not to panic. Although the fall of Bitcoin was insignificant, I think it’s no longer destined to reach 6 thousand or a level lower again this year. So open your wallets soon and buy

Yes now is the best time to buy bitcoin as the price is low which is increasing quickly so better buy no doubt soon you will lose the opportunity as we know crypto use to change it’s a price too fast. We should get invested with some well known and profitable coins like bitcoin and some part of our money into ETH. These coins are worth investing for me.

So you are bullish in Bitcoin, I mean everyone who are bullish will always say it's time to buy bitcoin, well honestly I would say that at the current rate of bitcoin. It's down now and the next thing that would happen based on our expectation is it would bounce back which we hope that it will bounce back strong to continue to rise and will not disappoint us seeing the pump and dump.

$20k is still possible, maybe a year or two and at the current price now, it is still reasonable to hold with that expectation.

The price of bitcoin is still in downtrend and it is the reason why price is still declining. I do not know why people are keep hoping that the bitcoin will easily increase its price, it is still impossible because we are still in the bearish market and also the price will not easily go up because there are a lot of resistance that the bitcoin should surpass first. The price of bitcoin bounce in its current resistance and there is a possibility that it will go breakdown any soon. So for me it is still not good to buy bitcoin. Those people who still do averaging down will lose more money because of there ineffective strategies.

Questat

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Quote from: Best Dreams on December 11, 2019, 04:53:02 PM

Quote from: ?? on ??

It seems to me now is the time to buy and not to panic. Although the fall of Bitcoin was insignificant, I think it’s no longer destined to reach 6 thousand or a level lower again this year. So open your wallets soon and buy

Yes now is the best time to buy bitcoin as the price is low which is increasing quickly so better buy no doubt soon you will lose the opportunity as we know crypto use to change it’s a price too fast. We should get invested with some well known and profitable coins like bitcoin and some part of our money into ETH. These coins are worth investing for me.

So you are bullish in Bitcoin, I mean everyone who are bullish will always say it's time to buy bitcoin, well honestly I would say that at the current rate of bitcoin. It's down now and the next thing that would happen based on our expectation is it would bounce back which we hope that it will bounce back strong to continue to rise and will not disappoint us seeing the pump and dump.

$20k is still possible, maybe a year or two and at the current price now, it is still reasonable to hold with that expectation.

Best Dreams

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Quote from: ?? on ??

It seems to me now is the time to buy and not to panic. Although the fall of Bitcoin was insignificant, I think it’s no longer destined to reach 6 thousand or a level lower again this year. So open your wallets soon and buy

Yes now is the best time to buy bitcoin as the price is low which is increasing quickly so better buy no doubt soon you will lose the opportunity as we know crypto use to change it’s a price too fast. We should get invested with some well known and profitable coins like bitcoin and some part of our money into ETH. These coins are worth investing for me.

Fappanu

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Quote from: franklin2058 on June 28, 2019, 04:08:04 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 volitle price of bitcoin and other altcoins will not disappear and will remain the same in the future. And it is possible to increase it over time especially since many whales control it.

Therefore, holding is no longer advisable now, as the price of bitcoin and other altcoins is unpredictable.

star7dust

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I think it can be less volatile when it becomes more pricey, but it's never guaranteed. What would be the use of bitcoin if its price always stayed the same?

purifymec

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Quote from: ?? on ??

It seems to me now is the time to buy and not to panic. Although the fall of Bitcoin was insignificant, I think it’s no longer destined to reach 6 thousand or a level lower again this year. So open your wallets soon and buy

Only if you understand and believe in Bitcoin for the long term you should buy it. Bitcoin is not a speed game. This is an investment in the future. Bitcoin value is tantamount to gold storage. Although cryptocurrency, you can quickly get a profit if necessary, than you can sell your gold assets.

mdgabrielzim

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If you stop to think every form of value accumulation has volatility. This shows that btc is moving in the right direction and soon it will stabilize (this does not mean that it will no longer be volatile but that these volatilities will be lower).

GideonGono

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Quote from: Vishnu.Reang on November 23, 2019, 10:51:21 AM

LOL... people talk about volatility only when the prices are down. This thread never gets active when the prices are going up. And that is exactly why the volatility of Bitcoin is not a bad thing. Despite its volatility, Bitcoin continues to give good returns to those who had invested in it. The only catch is that you need to stay calm and refrain from panic selling.

You can also take advantage of volatility which traders would truly understand how massive their profits are by utilizing this. The funny thing about Bitcoin is, no matter how much its price falls down, in general it always surpasses its previous lows if you try to look at the chart. What you should do is to think rationally and look forward for the long run than focusing on short term because if no then maybe Bitcoin is not for you. You may consider finding another that would go the way you expected for it to go which you would not find anyway.

deisik

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Quote from: styca on November 23, 2019, 09:31:21 AM

Money used to be tied to gold. It was deflationary because tied to a fixed resource. Over time money got turned into bank notes, which are essentially IOUs. A £10 note isn't £10 of money, it is a piece of paper that says I owe you £10 of money. Crucial difference. "Money" now if effectively debt. We are all moving debt around all the time; "money" has been so abstracted that it is no longer tied to any physical asset. New money can be printed at will, indefinitely. And it is printed at will. It is inflationary. It is a con

And who owes whom, and what exactly?

All right, money is debt, and it is a piece of paper that says you owe me £10 of money. Where can I get that real money then? Okay, you don't owe me anything personally, I get it. But really, if money in the form of banknotes (or whatever other than hard currencies backed up by something tangible) is essentially a piece of IOU, what is actually owed by this IOU? As far as I understand it, modern money is simply a unit of account which is conveniently and conventionally used as a medium of exchange, and that's pretty much all there's to it

Vishnu.Reang

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LOL... people talk about volatility only when the prices are down. This thread never gets active when the prices are going up. And that is exactly why the volatility of Bitcoin is not a bad thing. Despite its volatility, Bitcoin continues to give good returns to those who had invested in it. The only catch is that you need to stay calm and refrain from panic selling.

styca

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Quote from: naikturun on November 17, 2019, 11:54:43 AM

well if you ask that then people can only give their opinions, because no one really knows.
I'm also curious about what will happen after all the bitcoin supplies come out.
and that too will happen in about 100 years.
so we will not know the economic development in that year.
I think it might be stable when the supply is at its maximum.

Bitcoin is delibarately deflationary, that is part of the point.

Inflationary money is a con that we have been conditioned to accept as normal. £10,000 in my parents' generation could buy you a house. £10,000 now would not even cover the deposit.

Money used to be tied to gold. It was deflationary because tied to a fixed resource. Over time money got turned into bank notes, which are essentially IOUs. A £10 note isn't £10 of money, it is a piece of paper that says I owe you £10 of money. Crucial difference. "Money" now if effectively debt. We are all moving debt around all the time; "money" has been so abstracted that it is no longer tied to any physical asset. New money can be printed at will, indefinitely. And it is printed at will. It is inflationary. It is a con.

Bitcoin is at least in part a response to this situation. The fact that bitcoin is deflationary is a solution, not a problem.

sapnu

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Quote from: naikturun on November 17, 2019, 11:54:43 AM

well if you ask that then people can only give their opinions, because no one really knows.
I'm also curious about what will happen after all the bitcoin supplies come out.
and that too will happen in about 100 years.
so we will not know the economic development in that year.
I think it might be stable when the supply is at its maximum.

Bitcoin's supply cannot be dwindling, that is based on my opinion because come to think of it, bitcoin is being recognized all over the world, it has also a big possibility that there are investors coming out from nowhere and supporting every project in the future. Also by that, there are more users or buyers can now learn how to trade or buy crypto. The volatility of cryptocurrency is in its nature, the idea is that the price is changing time by time. YOu are the one you needs to be informative because we all know that we cannot predict when to pump or dump.

naikturun

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well if you ask that then people can only give their opinions, because no one really knows.
I'm also curious about what will happen after all the bitcoin supplies come out.
and that too will happen in about 100 years.
so we will not know the economic development in that year.
I think it might be stable when the supply is at its maximum.

makolz26

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Quote from: sayaya17 on November 16, 2019, 07:55:21 PM

Volateli on crypto, especially in this bitcoin is the main factor why Crypto is very popular and until now more and more people are doing business in crypto or Bitcoin. Because of this volatile nature that could benefit traders or investors. So if the volatility decreases, then Bitcoin will not become popular anymore, maybe public not interest again to adopt Bitcoin. I think Bitcoin needs to be volatile in order to be profitable as crypto business.

There's an advantage and disadvantage for the volatility of Bitcoin, not only it but also cryptocurrency. The advantage for those who can see it is that they are taking advantage of it, that they can take this momentum as the chance to buy at dip and to sell at the higher price, so this has been very beneficial for most people, but for the newbies, this has been disadvantage especially to those who has zero knowledge as they are afraid in entering crypto because of this.

ohyeahhaha122

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that's normal volatility always happens, proving a very exciting market, you should feel better about that, hold bitcoin is very good right now, I believe if they don't die, it will grow very strong

sayaya17

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Volateli on crypto, especially in this bitcoin is the main factor why Crypto is very popular and until now more and more people are doing business in crypto or Bitcoin. Because of this volatile nature that could benefit traders or investors. So if the volatility decreases, then Bitcoin will not become popular anymore, maybe public not interest again to adopt Bitcoin. I think Bitcoin needs to be volatile in order to be profitable as crypto business.

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