Not surprising many investors are scared out of their socks and sold in this period.
It's high volatility is what makes it even more beautiful. This feat of Bitcoin won't make it famous if it's not for it. Normal investors cannot take such risks but thanks to Bitcoin helped everyone like me to understand that this high-risk, high-reward thing is a real good one if taken lightly and it's an advantage for those people who don't have much in life. If many of those investors are scared of it, that's normal because they haven't seen something like BTC that has got too much volatility. And it will never change that before it gets to new tops, there will be countless downsides for its chart that we'll meet along its way. 
Topic: This Bitcoin Stat Surprised Me - Bitcoin Down Almost 50% of the Time (Read 69 times)
October 31, 2024, 04:19:07 PM
October 31, 2024, 02:28:20 PM
The volatility of Bitcoin's so-called monetary value is fluctuated almost entirely by society's fragile and manipulated fiat markets.
If people just chilled out and weren't so greedy, the value of BTC would have risen fairly even with it's rate of adoption.
That's just my opinion. Bitcoin is what it is, it's our interpretations that are always changing.
And that what makes this market truly unpredictable on which despite into the huge support or solid recognition but still its not something that could shoot up its price without having retracements on which in that case then this isnt really that can be called as a market. If we do really tend to look up into those previous years price specially into those early years then we can really say that to those who had been long time holdingIf people just chilled out and weren't so greedy, the value of BTC would have risen fairly even with it's rate of adoption.
That's just my opinion. Bitcoin is what it is, it's our interpretations that are always changing.
are the ones that considered true OG's and did really hold up that millions of amount in value in USD with those Bitcoins that they've been holding.
We can be able to tally those average downs and ups on which of course its something that will investors or traders will normally be spotting out but in overall aspect then
there's no way that we can be able to predict on where it could potentially go. This is why on the moment that you do make out some Bitcoin investment or any coin/tokens in the market then always be considerate
about those probabilities that you could really be able to experience those ups and down on different intensities and there's no way on how deep it would be or on how high it could be able to fly.
October 31, 2024, 08:46:36 AM
The volatility of Bitcoin's so-called monetary value is fluctuated almost entirely by society's fragile and manipulated fiat markets.
If people just chilled out and weren't so greedy, the value of BTC would have risen fairly even with it's rate of adoption.
That's just my opinion. Bitcoin is what it is, it's our interpretations that are always changing.
If people just chilled out and weren't so greedy, the value of BTC would have risen fairly even with it's rate of adoption.
That's just my opinion. Bitcoin is what it is, it's our interpretations that are always changing.
October 30, 2024, 06:18:16 PM
Sounds about right. That's in line with the coinglass stats that show that of the 142 months, we had 63 "red" ones, so 44%.
Such stats don't have much weight on their own though. You wouldn't expect any asset to go up every single month, so the average median return is a much better indicator of what to expect.
Seasonality of Bitcoin (i.e. price acting in line with 4-year cycles) could potentially drive some people away (especially in the post bull-run periods), but it might as well drive other investors in, so it's a two-edged sword.
Such stats don't have much weight on their own though. You wouldn't expect any asset to go up every single month, so the average median return is a much better indicator of what to expect.
Seasonality of Bitcoin (i.e. price acting in line with 4-year cycles) could potentially drive some people away (especially in the post bull-run periods), but it might as well drive other investors in, so it's a two-edged sword.
October 30, 2024, 12:02:27 PM
I added some new stats to Statility today and this stat surprised me. Did you know that while Bitcoin is up 53,692% or 538X since the start of May of 2013 until today, it has actually went down 64 months (46.04%) during that same period. 
Such an amazing return but it actually went down almost as many months as it went up. Not surprising many investors are scared out of their socks and sold in this period.
Average / median up month 27.62% / 17.72%
Average / median down month -12.93% / -10.13%
We have data for 139 months (11.58 years)
Such an amazing return but it actually went down almost as many months as it went up. Not surprising many investors are scared out of their socks and sold in this period.
Average / median up month 27.62% / 17.72%
Average / median down month -12.93% / -10.13%
We have data for 139 months (11.58 years)
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