Topic: The reason bitcoin price is not stable. (Read 578 times)

There is no secret actually behind the fall and rise of the price of bitcoins but it is all based on how market behaves to certain moves and how investors read the market because like recently around March the price dropped which I believe was because of the pandemic and the crisis being created throughout the world that we might see the end of the world and aided by the facts that the share market crashed so people had to sell off their digital assets like bitcoins to make sure they don't loose their money in the share market.

This was just one situation so there happen many tiny incidents which lead to small and large fluctuations of price and some we are able to identify while some we are not and the trader who is able to read the market deeper understands and predicts which way the market will move.

I agree people should stop hoping and wishing that the price will stabilize, the price depends on the demands and the people selling or dumping their shares, the best thing to do is learn how to trade and learn how to buy low and sell high to make a profit, it's challenging but that's how the market right now play out.

You may think that it is not accepted as payment by merchants but in reality there are tons of places (specially online) that accepts bitcoin as payment. Obviously brick and mortar places still have a very low rating of bitcoin acceptance which is why I understand many people think that it is not accepted, but in reality there are tons of online places that accepts it. Of course, this is only viable for one part of the equation and not the whole but I wanted to clarify that.

Also when I come here it makes me want to buy bitcoin and not sell, I see people who are going into bitcoin and making profit and I feel like I want to be a part of that as well, most of the time I do not have enough money to get in but when I do I actually end up buying as well.

lol that is the nature of demand and supply,if the supply is too much then the price will go low,but if the demand exceed then the price will rice up.
Bitcoin is similar to this because this currency is material for trading ,and miners are almost done mining the whole 21 million supply
let those stupid people be the victim of volatility ,we must discourage those who enters here just fora quick bucks,let them learn their lesson that before investing better make a full research first about the trading material or else you'll lose everything .

The theory has been buy low and then sell high so buying Bitcoin when it's at the highest when there 's a possibility to go down is not good, and the reason why Bitcoin is not stable is because it's decentralized and investors has their own motivation and reasoning on when and how they are going to sell their shares, people are into making profit and it's one of the reason why Bitcoin is not stable.

Well, it is volatile means it changes so that is not the reason but just a synonym for unstable.

The real reason behind the price change of bitcoins is because like you mentioned in the later part of your post that the demand and supply changes very rapidly and bitcoins being an asset are not bound by any boundaries so as people start to buy bitcoins the price just keep increasing and vice versa for selling it drops.

A lot of whales also use this method to pump and dump bitcoins but now the market is getting more and more saturated which actually helps as now it is way harder to swing the market for a single whale and hence we see the price change is not as rapid as it was a few years ago.

With saturation in the market will always come stability be it any asset, like gold has so much value and is so stable because it is used and valued internationally.

Being a full member and being experienced on forum does not mean you would have full knowledge about how bitcoins works, I mean there are people who do not visit technical aspects of bitcoins and work with particular sector like services or use bitcoins as a method for gambling currency.

I don't know what you are trying to explain in the later stage of your statement because I can assure you that myself been into trading for years I am yet to understand the market based on charts and if you have a working formula please share with us and we all can make profits man, its easy to criticize someone for not knowing something but even more baffling is to not understand the same thing ourselves.

The volatility of the bitcoin price is a very important part for all trader and investor, because if there is no volatility, the trader will lose the potential for profit from trading. Bitcoin is a new asset that is too young to have low volatility, many factors influence the ups and downs of the price and this is the reason why some people can gain and some lose. You don't need to feel confused about how the price of bitcoin is determined in the market, it all depend on the trader and no one can control the price of bitcoin. If people say the whale can do it, believe me, they will only have tremendous influence in the market with financial but temporary strength.

Volatility is the determinant of success and failure in trading. The high volatility of bitcoin is very often used by short-term trader to gain profits, but for long-term investor I think they prefer asset with low volatility. If volatility is the determinant of success, then what must be done to achieve success is to make good use of it.

There is also the fact that governments are not really involved with it is a big deal as well, in other stuff there is one government dealing with it, for example USA government can't do anything about UK stock market, or French government can't do anything about German forex traders, but when it comes to bitcoin every nation is dealing with their own citizens while bitcoin is a big global thing.

Basically you as a person can buy stocks from another nation but it is not this simple, if you are a super rich person you can do it but buying 5 dollars of a stock in another nation is not really that easy whereas it is super easy here in crypto. This is why the global part of bitcoin that allows it to be both everywhere but also nowhere whenever it wants to plays a big role.

When mood changes the price will change as well, sounds funny but its the real reason why price of bitcoin is moving up and down.But the availability quantity made the bitcoin to be more volatile so if there is a big chunk of bitcoin moved or sold on any exchange then surely it will affect the prices in no time.

The reason is simple, everything is in supply and demand, in the believers of Bitcoin and technology, and also in the speculative market, investors and market speculators. The volatility is huge because Bitcoin is supported under Blockchain technology and has no support as in the Stock Market, here everything is in motion thanks to the market capitalization of Investors, market speculators.

The only way to be stable is for it to become stablecoin and that is impossible, as there are many people in the world who enter and invest and who have full confidence in what the price of the crypto will be in a few years, which according to PlanB according to your S2F model will be something impressive.

Manipulation is a lot easier here as well, people do not consider that to be a real problem but unfortunately manipulation in crypto world is something rampant and we can't stop it neither, we do not have any way of stopping manipulation, they could do it and nothing will happen to them. Millions of dollars per day used for manipulating people, just in one exchange you could change everything and could buy or sell to make a huge change and then you could use your money to profit from that change at the same time as well.

It is really something that changes bitcoin prices like crazy, hell not only they do it on exchanges but they pay 500-1000 dollars per article on each news website to make it look like it goes one way and they move the other way to make more profit as well.

Probably the fact that anyone can buy as much as they want and sell as much as they want plays a big role here.

For example, if you want to buy stocks there is a limit, obviously this limit doesn't reflect on the poor people but the rich people have it, you can't just put 100 million dollars into a stock without a worry, but microstrategy just bought over 300 million dollars worth of bitcoin without any worry at all. That is why there is really no worry about price volatility here because that volatility also shows how free we are and that freedom allows us to do whatever we want with bitcoin without caring about what the governments of the world might say.

Obviously there are now some regulations in some nations but there is always a way to go around them as well if you want to.

 your a full member on this forum and still didnt knew why btc is not stable ? when we are about to join or got curious on btc for the first time   . there is that common word that we see all the time and that word is " volatility " unless you wanted to know deeper . you mentioned price and speaking of it , price is in the list of many ways to know if the btc will fall or rise   . theres a chart which includes present and past price , you can scan that and make a prediction  . i suggest engage yourself in trading because in trading they mainly tackle those

Bitcoin's price is unstable due to its volatility. That is why bitcoin's price is so unpredictable that no one can say when it will go up or down. No one can control bitcoin's price that is determined in its supply and demand. When demand increases, the price increases, and when the demand decreases, the price decreases. So if you try to sell a considerable amount of bitcoins, you will see that it will affect bitcoin's price that it would fall.

But there are ways to treat bitcoin and part of it is to expect price you desire,Though this will not happen any time in your way yet nothings wrong in expecting amount right?
sometimes we are holding because we are seeking for specific value that will come our way before selling our crypto and this is not far from what OP is telling here.
Buy now and sell later if the value fits you,or keep it for Months or even years just to satisfy our desire and this is what bitcoin is all about.
Lets accept the fact that we are mishandling Bitcoin by holding this because it is a currency but how can we blame the demand?since this is the situation even before we arrived here.

price is volatile (goes up and down) mainly because the market is still pretty small even though the numbers surpassed millions a while ago. and in this small market there are a lot of weak hand newbies who usually have no idea what they are doing so they jump at any random news or irrelevant incident in some place else like another market. their irrational actions (panic sells and panic buys) causes the volatility. then the day traders capitalize on the situation and make it worse.

the reason why it is stable right now is that most of those weak hands sold recently and are now confused whether to buy back or not while being a little greedy and wishing for lower prices. meanwhile the whales are accumulating to get ready for the next breakout. hence the stability.

1. Lack of regulatory market. No matter how much your crib about it but regulated markets are always much better to play in than completely free markets. It's because the retail investors are somehow protected from the foul play by the big guns. This also ensures that huge dumping and pumping is not done to manipulate prices. this is the primary reason of the volatility that we have.
2. Concentration of BTC. It's just a myth in minds of people that BTC is evenly distributed. The big guns still hold most of the asset base and they are really not shy in selling at a good price and buying back later which leads to price volatility. The market isn't that sparse.
3. Bots. There is tons of trading volume on exchanges generated by bots. These are another big reason for creating volatility on the market as their actions are pretty quick as compared to humans. They might buy and sell the same coin 10 times in a minute while a human might not even be able to do it once. Many traders do scalping using such bots.

Buying bitcoin simply means that you are buying risk also. People always thought that after buying Bitcoin the price will then move high which is very unfortunate to happen nor the chance is always on the possible.

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@OP, you don't wonder why that the price isn't stable because that is the mean character of Bitcoin. You can't hold people to sell their Bitcoin only at a specific amount nor you can tell those buyers to do the same. Price is not a problem, in fact, that is the reason also why many people had come into crypto for this amazing trend( up and down).

You should not just buy or sell bitcoin because you think its price is moving in a particular direction. Many people that trade that way has lose significant amounts of money! Bitcoin price is not made to be stable because it is a speculative asset.

So it's obvious that if demand is higher than supply in crypto market absolutely it will make the price of other cryptocurrency to reduce or to be stabilized in market, okay monitoring the prices of cryptocurrency as a trader in what measures will you identify when you will make a profit since no one can predict Bitcoin and get it perfectly.

Its a speculative asset, used only for profits. Its not accepted as a payment method by merchants, and you cant use it to buy food.
It have been "legitimized" by Wall Street, so now you have contracts to buy and sell bitcoin without having the asset in hand. This increases the speculation over it.

The best way to hold bitcoin is to not come to this forum, and dont engage in any discussion about bitcoin and cryptocurrencies in general.
Also, avoid watching any video in the internet about bitcoin and technical analysis. And avoid the hype about financial products related to it.
In this way you will be able to hold bitcoin for many years.

First thing I feel when I come to this forum is to sell bitcoins. Its like a automatic trigger.
Same thing happens when I visit a YouTube channel about bitcoins.
Its difficult to resist the temptation to sell. The feeling of dumping bitcoins is kind of addictive.
But I cant do that when there is negative interest in banking "investments". Much better to hold bitcoin.
Even if it failed as a currency, it is still the best investment.

Want to be a holder? Stop talking about bitcoin 24/7.
And set your own wallet. Treat it as a treasure for life.

Due to the fact that Bitcoin was decentralized so no individual nor company owns it the value is not being manipulated but rather it was all because of the supply and demand. So apparently, this is one of the answers to your question. Bitcoin's value increases because there's a high demand and it also falling because of high supply. Not only Bitcoin though but the whole crypto market was determined by the demand and supply. That's what makes it volatile.

Not totally,only few stupid people that will Buy High and Sell Low,sometimes this is in despair because they Need funds in emergency .
but if given a chance?we will only buy Low and sell high forever,
Like me?i will never sell even if it fells down to $5,000 yet i will wait until it reaches 15-20k price.

So people buying bitcoin at higher rate and sell at lower rate it really affect bitcoin market volatility, so in these aspects no one can predict the constant price of bitcoin, does it mean that traders don't be aware when bitcoin price is about to go up and also come down, because everyone is emphasizing on volatility of Btc

Obviously the main reason would be people not really realizing they are involved in a currency that only works with supply and demand with absolutely nothing else along the way, that is the main reason why bitcoin is volatile, and crypto is also more volatile. When you have forex with government managed currencies and ton of regulations and also trillions of dollars exchanging everyday, that is less volatile as you might imagine, whereas when you have bitcoin with decentralized and not tied to anyone and no regulations of trading plus only few billion at best day, you get yourself a huge volatility.

It is just like that for the time being, and until we become trillions exchanged per day we are not going to suddenly change neither, that can't happen.

What drives these changes is because of its volatility feature, a certain character that we can never change, and I don't that we should have to do it. We shouldn't have to surprise seeing this thing, people come and invest Bitcoin then sell it and leave after, some got into a panic selling(buying high and sell at low). A lot of factors that had changed the momentum and we have nothing to do with that, we are not in control with the market, and much more we don't like it to be controlled either.

Volatility will stay forever as long as there is buyer and seller so I also don’t believe that bitcoin will become more stable, it can be on a sideway trend but it wont stay there because either it will go up or down.

Don’t buy bitcoin on a higher price, if you see cheaper bitcoin do buy more and you can know this one by just reading the chart and the price movement of bitcoin, technical analysis is not easy though so you have to do your best.

Basically it all matters on supply and demand reason but there are also reasons about those thing and you can read this here Why the price of bitcoin is volatile I really the explanation on the article is one of the reason why we can't see a stable price or continuous pumping and better read it to get an interesting details about the situation.

When price is stable, there is an equilibrium of supply and demand. Buyers can't overpower sellers (forcing price up) and sellers can't overpower buyers (forcing price down).

When that equilibrium between buyers and sellers ends, that's when a breakout occurs.


I would focus less on predicting price moves, and more on reacting to them.

It's important to identify when BTC is trading within a range, which is probably ~80% of the time. The most powerful and profitable moves will come when it breaks out of such a range. That's when you want to trade the trend.

Bitcoin price is volatile by nature and it's defined by market. Although some think that volatility can be controlled and that Bitcoin price can be stable one day I don't think that is possible. Besides, if there were no volatility how would traders and investors make money on Bitcoin price?

Bitcoin price is volatile because Bitcoin is only 10 years old. Price is getting less volatile over time. In the past 10% daily price changes were often, right now are the exceptions.
If you are a trader you can predict future Bitcoin prices the same way as fro any other asset. There are million theories. They teach them in schools. You can find them on internet.
But trading will not grantee you profit. What guarantee you profit is buy and hold. Because Bitcoin price will for sure be higher 10 years form now as it is now. Ideal way to buy is a tiny bit every month. Buy as much as you can afford to forget about it for 10 years. Buy $100 a month or $50 or $10.

there is no way that the price will be stable because this is a volatile market and decentralized currencies.
this dictates the prices and the health of market,if the price becomes stable then what us the sense in investing inside crypto?
Well manipulation wasn't that proven mate,though i also felt the same that since the market is still low then some whales can  make a trend to bring the prices ups and down.

The first and foremost reason behind this one is market. Then the need and demand of particular crypto currency in the market.Last on is the current event related to cryptocurrency ,like the ban of bitcoin in some country. It also reflect based on the legalizing of bitcoin in certain country. Ban and legalizing will correct the demand of bitcoin.

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.many people has render so many opinion which are different from another opinions in the thread so while market is unregulated is that no one can predict stability of bitcoin price. OK what are the causes

Mostly its pretty much the small amount of liquidity as compared to normal financial markets. You don't realise it but you don't need much money to move price a large percentage. Add to the fact all these high leverage futures exchanges and its not uncommon a few times a year to get >20% days. Which is not normal in most markets.

A large portion of bitcoins price is based on news. Remember the potential ETF listing of March 2017, see how quickly priced moved before, during and after the event. It basically concludes that bitcoin has very small liquidity and hence why it has such swings. These days there is more liquidity however many of that liquidity is based on high leverage margin trades which is not good when the market has a deep correction as what happened in March 2020.

because bitcoin volume is still small in scale of other large economic markets and can be manipulated.  Also another major reason is that the markets are open 24/7 and in general are largely unregulated.  The combination of these things brings a lot of volitility to bitcoin.

On simple Economics class then price will really vary on Supply and Demand. Price would never be constant even on traditional markets where price do moves but they do only differ out on intensity or volatility but everything is just the same in other aspects. Wondering the reasons behind of falling and raising?
1. Buyers and sellers 2. Whales  3. Other sentiments.
Studying up and able to have some grasp for someone to be able being profitable on this market is to those someone who had engaged for too long.It doesnt mean that they do able to know the price possible movement precisely but theyre just smart and a little bit mix of some luck when making out
buying and selling decisions.

Bitcoin price is not fixed and it changes quickly based upon the demand of the bitcoins. The more the demand of bitcoin, the higher will be the price. For sure, it is advisable to buy bitcoin when the price is low and sell when the price is high. You need to have the technical analysis skill to determine the pump and dump of the bitcoin.

With time bitcoin will become less volatile if not it can't successful full fill its main purpose of becoming a globally accepted currency which technically is the goal behind its creation. Atleast to some extent all fiat are stable unless when traded with other fiats, like for example, one pound is always one pound. With bitcoin that's not currently the case as the ideology of 1 bitcoin equaling to 1 bitcoin hasn't been normalize instead it always get compared to other fiats to determine its value.

Regarding the volatility, bitcoin is just a decade old, and with every year passing by, you can easily observe the volatility of the price constantly reducing which is some positive take for users wanting a stable bitcoin. Unlike previous years, you hardly see bitcoin doing the 10% plus gains per day. Sometimes it get boring watching bitcoin market which is obviously why the alts are gaining some ground in the industry as their gains are becoming more attractive compared to that of bitcoin.

But that doesn't mean overall they're preferable investment choices to bitcoin. Engaging in trading is one of the ways of taking advantage of the volatility of the price of Bitcoin (as I have earlier mentioned) and if you can perfect this skill you would probably make a fortune for yourself.

Ok,its now I comprehend what you meant, I really know that reading those trading articles will enable me to understand more better.
Thanks for that @Bttzed03

I don't think you understood what I meant with this "I don't want you to invest just based on that.". I didn't say do not invest because price will go up to $20K or higher, I was saying do not invest just because of the previous halving trend.

I suggest you start reading trading related books than asking all the questions here. It's faster and easier for you to learn that way.

I taught is because is decentralized and know one monitor it as I said in the previous response here, that means since bitcoin is not stable in price the chance of it getting to 20k is there.

There is a way to learn when the price of BTC is goingto go up and go down like using the RSI indicator and the similar one like the oscillatory momentum, its the only technical analysis though but the unpredictable part is the fundamental which somehow could affect as well and most of the time very manipulated.

As to why its not stable is because its not going to be a good asset to invest if it has stable price. might as well just buy USDT and hold. 

The stock market is the most mature, but this does not prevent stocks of Tesla or Yandex from flying to the moon or the reverse!
It's just that the crypto market has serious volatility due to lack of regulation and a huge number of manipulations! Which is much less in the stock markets...

So actually someone don't have to invest in bitcoin when the price is high,please try to clarify me in this aspects of investment so that someone will be able to know when to invest especially beginners@Bttzed03

Well, there has never been and will never be any asset that will be perfectly stable. The only thing you can say is stable is that 1 BTC will always be worth 1 BTC.

But other currencies, like the USD, has much more stability than Bitcoin does. Bitcoin is volatile, while the top fiat currencies are somewhat stable.

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Bitcoin is not stable due to lots of factors. The major one imo is immaturity. Had the market been mature, we would've had a less volatile cryptocurrency. But honestly, we only have a few cycles that only might repeat at some point so we have no idea whether Bitcoin has its own cycles or goes against the standard. There are some typical cycles in our economies, like recessions that happen about every decade.

But BTC is way too young for us to know for example if the post-halving booms will only happen in the first decade of its existence or are an usual event. Then we should also not ignore that regulation is still foggy in many countries, which makes people a little doubtful about the idea of owning cryptocurrencies.

And then, we know that every 4 years Bitcoin becomes harder to be mined. That on its own makes Bitcoin more volatile than other assets. You have no idea right now exactly how much gold there is left to be mined. With BTC, you can count every single satoshi perfectly.

Only time will tell if Bitcoin has to become something stable or not. I doubt it'll ever be though.

Everyone would be uber rich by now if it was that easy to pinpoint the next price target.

Read @adzino's examples on news and events. I would like to add events like bitcoin halving also. Based on the past halvings, price tends to surge after halving. The latest just happened this year and if the trend continues, we could see btc surpass $20K next year. That's only a speculation and I don't want you to invest just based on that.

I think these is difficult to predict because every persons here is making a personal suggestion which some are correlated.

That's true, it is the bitcoin traders that sets what will be the price of the bitcoin. The law of supply and demand. If there's more demand, the price of bitcoin will be subjected to get a higher value. It's the willingness and unwillingness of everyone in the network that sets it's value. Less demand, the more it is subjected to a declining price. That's why it bitcoin is volatile.

There's no such thing as stable price, there's only less volatile prices and more volatile prices. The reason why Bitcoin is volatile is because there's no central authority to stabilize its price, and no one knows how to objectively calculate its value, so everyone is just guessing. And then speculation just creates more speculation, if Bitcoin's price wasn't stable in the past, market participant don't expect it to stabilize, and they view even smaller moves as the beggining of a bullish or bearish trend.

You mean through reading bitcoin charts? Yeah, you can some what predict what might happen next, but those reading doesn't hold true for every case. Don't just depend on the charts. Prices are more influenced by current events and news. So if you know something good, say for example governments all around the world are going to consider bitcoin a legal tender, then you can already predict that the price is going to skyrocket. Again, if you see a well known exchange getting hacked and scamming thousands of bitcoin, then you can predict people are going to panic sell their coins and the prices will drop.

What are the major factor we have to consider in candles stick's movement,if I may ask, because  I really want to know the possible ways to handle the issues of prediction in bitcoin.

With charting and technical analysis, you pretty much just weigh in the likeliness and odds of how the price will move, but not necessarily "predict" it. Try using technical analysis to predict price movements caused by bullish/bearish news and events, then I'll be impressed.

If you want to know some kind of advance prediction in order for you to know the next price. Well, they aren't actually predicting the right price but the market will tell you about it if you look at the chart carefully by watching those candlesticks movement. Plus a lot of factors that would totally change the whole outcome, so basically it's a combination of all the factors that could determine the next price.

Technical analysis which is somewhat predicting the price of a commodity only works when the volumes are very high, for example the stock market. Since cryptocurrency market is very new it will take some time for the market to achieve volumes similar to the stock market. When the crypto space reaches such volumes technical analysis of prediction will only work at that time.

At the moment if you have few million dollars you can easily manipulate the market and destroy any kind of prediction of the price. This is what whales have been doing for few years now.

Firstly OP, if I may ask, is there an asset, commodity, currency (infact anything tradable) that's ever stable? I believe not. Without much thought, the reason behind bitcoin not been stable is because it's tradable. At every point in time, on the respective exchanges someone will be willing to sell at a certain price while another is wanting to buy at a different price therefore you don't expect the market to have a fixed (stable) price. The other factors are just additional reasons that contribute to the high volatility of the market.

Its limited supply just adds to the already existing feature of a tradable assets (as explained above), In simple terms, it make the volatility of bitcoin very high but that doesn't mean bitcoin would had been stable if the supply was more than what we currently have. Another reason that contribute is the manipulation of the market by whales and exchanges to favour their selfish interest.

Bitcoin is the most speculated currency/assets of the last decade which obviously should reflect the price movement we're currently experiencing. There's so much feature that contribute to bitcoin not been stable but shouldn't be your worry instead you should concentrate more on profiting from the high unstable form of bitcoin which can be achieved through trading.

OK, how can someone know a way of prediction, because many people can't predict well if its the remedy. I taught that to know when the price is about to increase or reduce (raise and fall) is base on bitcoin chat due to better interpretation of candle stick in the chat.

The simple reason why the price of bitcoin is unstable and tends to be more volatile than other currencies is because no single entity controls the price of bitcoin.
The price of bitcoin or the ups and downs of bitcoin prices is determined by everyone who has bitcoin regardless of the amount.

If you have bitcoins now and you suddenly want to sell them all, you will determine the bitcoin price and the price will move down because the offer or supply is now getting more friendly. vice versa, if you want to buy a lot of bitcoin, you will contribute to the amount of bitcoin demand so that the price will move up.

and those who sell and buy bitcoin right now are not only you, but millions of people in this world do bitcoin transactions so that the price of bitcoin goes up and down quickly.

It's a mix of a couple of things. On the top of my head:

1. Bitcoin lacks liquidity. Compared to other assets like large-cap stocks and gold that are heavily heavily traded, it will take a HUGE amounts of money to move the price of both assets as there's simply just so much money involved(including the money of huge companies). Bitcoin on the other hand, it's safe to assume that it's still mostly retail traders(me, you, the average Joe) who trade the markets.

2. Back to the retail traders(and investors) part: a lot of people got into bitcoin without any knowledge at all concerning trading and investing. A lot of people bought in, expecting the price to go up in no time. And what happens when the price dips or when a news site writes something negative about bitcoin? A lot of these people panic; simply due to their inexperience with trading and investing.

3. Bitcoin is a very new asset. Large-cap stocks have existed for a couple of decades, and gold has existed pretty much since the earth existed. As for bitcoin? Pretty much 11 years old. It's really unrealistic to have such a young asset like bitcoin to be "stable" in price. If anything, the volatility is good if you want value growth.

Unless you know of a way to predict people's emotions with pinpoint precision, you just really can't. And if ever someone knew how, I'm pretty sure that person wouldn't tell you how as he/she would be too busy racking in cash from trading.

Can someone explain categorically while the price of cryptocurrencies especially bitcoin is not constant, because I begin to wonder the reasons behind the secret of bitcoin falling and raising.

How can someone study bitcoin to the extent to know when bitcoin is about to fall and when is about to raise so that the level of lost can reduce.

Looking at the current price of BTC is it advisable to purchase bitcoin when the price is higher or when is lower as investor.