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Topic: Volatility and its effect - page 4. (Read 872 times)

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
August 18, 2023, 10:08:03 PM
#69
Today is another bad record because the price has dropped by more than 7%, the price is getting farther away from the bull run and it doesn't seem like it will happen this year, bitcoin's volatility is still high, so we must always be vigilant, I use coinbase which gives a warning if there is a price fluctuation high of more than 5% in a day, but we shouldn't panic in facing dump situations like today.

It is bad news to people who are planning on selling their Bitcoin holdings but for those who wanted to accumulate, the Bitcoin dump is a very good news to them.  Here is some of the reason:

1. We all know that Bitcoin is highly volatile so there is a huge possibility that recovery will happen anytime.
2. Those who wanted to buy can buy BTC at a discount.  This is also good for DCA.
3. Bitcoin trend is not always downward, once the Bitcoin bull run kick in, those who buy Bitcoin during a dump like this will have a higher profit when Bitcoin starts its record-breaking ATH event.

I don't think it's bad news because before bitcoin was dumped, many people said they wanted bitcoin to fall back to be bought cheaply and finally their wish came true. So I think they were very happy when what they expected happened. But I doubt they will buy bitcoin, or will they be scared and not dare to buy when they see bitcoin falling so fast?

I remember in 2022 when bitcoin dropped to $30k due to Luna crash, and then many expected bitcoin to drop even more to be bought cheaply. And eventually, FTX brought bitcoin down to $15k, but not many people bought in because they were scared and no longer saw it as an opportunity. Many people say they will buy bitcoin, but I really doubt it because there are still many predictions of bitcoin going deeper, which proves that people are more scared than excited to buy.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
August 18, 2023, 06:56:06 PM
#68
Today is another bad record because the price has dropped by more than 7%, the price is getting farther away from the bull run and it doesn't seem like it will happen this year, bitcoin's volatility is still high, so we must always be vigilant, I use coinbase which gives a warning if there is a price fluctuation high of more than 5% in a day, but we shouldn't panic in facing dump situations like today.

It is bad news to people who are planning on selling their Bitcoin holdings but for those who wanted to accumulate, the Bitcoin dump is a very good news to them.  Here is some of the reason:

1. We all know that Bitcoin is highly volatile so there is a huge possibility that recovery will happen anytime.
2. Those who wanted to buy can buy BTC at a discount.  This is also good for DCA.
3. Bitcoin trend is not always downward, once the Bitcoin bull run kick in, those who buy Bitcoin during a dump like this will have a higher profit when Bitcoin starts its record-breaking ATH event.
hero member
Activity: 756
Merit: 509
Leading Crypto Sports Betting & Casino Platform
August 18, 2023, 06:09:48 PM
#67
Today is another bad record because the price has dropped by more than 7%, the price is getting farther away from the bull run and it doesn't seem like it will happen this year, bitcoin's volatility is still high, so we must always be vigilant, I use coinbase which gives a warning if there is a price fluctuation high of more than 5% in a day, but we shouldn't panic in facing dump situations like today.

Bull run was never going to happen this year, this year was meant for recovery and we're still going to have that at the later part of the year, we still have like 4 months before the year ends and that's a very long time for the narrative of the market to change from bearish to bullish.

Don't see red days in the market as a bad day, that's not a mindset of a smart investor. You have to see all red days as an opportunity to accumulate Bitcoin because if you join the crowd by panicking and selling your Bitcoin, there's another smart inventor buying them off you.

Instead of selling, we should be buying and hold until Bitcoin has given us profit to sell. Bear market are for accumulating and we should be expecting days like today in the market that's why we should have fiats available so we can enter the market and buy at a discount of -7%.
hero member
Activity: 2688
Merit: 625
August 18, 2023, 05:53:06 PM
#66
People have been too reliant on the news and easily believe it without any verification if whether is true or false. This is a big factor that affects the volatility of Bitcoin which is why we need to become updated to whatever happens around us. When there is too much FUDs/negativity spread, people become panic and cause a sudden drop in price but if there is positive news, demand is high. It eventually told us that manipulation can easily win the minds of the people and so no way we can see a stable market price but the volatility keeps going.

People believes on news and they don't stop to trust because there is no guarantee that the arising news are false or true so believing matters alot. Like that of upcoming good news heard by all crypto investors so they can't say that this news is fake but they will prepare some amount of bitcoin to reap the benefit out of it.

News sometimes appears to be good for investors because of these news the market goes in that direction in which investors wants so should think positively about it as everything has dual functionalities that are beneficial and harmful.
Speaking about public reaction whether they do believe or not will always be questionable and if decisions had been made then it would really be significantly be seen in the entire market and this is why it would really be always better that you should really be needing to have that speculative approach when it comes into your investment decisions because there's no such thing about assurances on how things would turn out. One things for sure that volatility is the key for us to earn some profits at the same time it is the reason for us to lose our investment. This is why if you cant really be able to bare out such condition or situation then its better to skip out
crypto investment but if you are that someone whose prepared on to deal with volatility then it would really be your choice on what you should really gonna do. Effects could neither be positive or negative and
basing up on which price point you had entered on the market.
hero member
Activity: 2464
Merit: 644
Eloncoin.org - Mars, here we come!
August 18, 2023, 02:14:14 PM
#65
People have been too reliant on the news and easily believe it without any verification if whether is true or false. This is a big factor that affects the volatility of Bitcoin which is why we need to become updated to whatever happens around us. When there is too much FUDs/negativity spread, people become panic and cause a sudden drop in price but if there is positive news, demand is high. It eventually told us that manipulation can easily win the minds of the people and so no way we can see a stable market price but the volatility keeps going.

People believes on news and they don't stop to trust because there is no guarantee that the arising news are false or true so believing matters alot. Like that of upcoming good news heard by all crypto investors so they can't say that this news is fake but they will prepare some amount of bitcoin to reap the benefit out of it.

News sometimes appears to be good for investors because of these news the market goes in that direction in which investors wants so should think positively about it as everything has dual functionalities that are beneficial and harmful.
sr. member
Activity: 1484
Merit: 254
August 18, 2023, 10:33:15 AM
#64
Today is another bad record because the price has dropped by more than 7%, the price is getting farther away from the bull run and it doesn't seem like it will happen this year, bitcoin's volatility is still high, so we must always be vigilant, I use coinbase which gives a warning if there is a price fluctuation high of more than 5% in a day, but we shouldn't panic in facing dump situations like today.
sr. member
Activity: 490
Merit: 309
Bitcoin Halving Year 🎗️🎭
August 16, 2023, 09:39:23 PM
#63
We know that there are changes in the Bitcoin market, sometimes the market will start to fluctuate which causes a lot of losses. But it doesn't stay the same but the volatility will disappear sometime and there will be risk of profit. All investors face the most volatility when the market is in a bear market. But when a bull market re-emerges in the market, the volatility is removed and all investors are able to earn a good amount of profit. Many a times people make predictions with the aim of making their profit but most of the predictions are not right or wrong and they get stuck due to market volatility. Bitcoin has a reputation for dominating the market and is usually able to pay well when volatility ends.
legendary
Activity: 3080
Merit: 1131
August 16, 2023, 05:46:41 PM
#62
As we have seen all week long and a bit more than that, the price goes close to 30k and then close to 29k and then close to 30k and the.. well that continues like that non-stop. The volatility is there but the amount is very little and that is what I want to talk about, its not that much all the time. Volatility does happen time to time but it doesn't happen all the time, we just end up with bigger volatility during bear and bull runs. However, when we are not on a bear or bull run, we do not end up with any of that, price gets stuck and keeps on being the same price again and again. This is why there is no need to worry about the situation and feel a lot more comfortable about it.
Generally, there is not this much stability in the market because the market is either in the bear run or the bull run, which means it is either going down or going up, this thing only happens once in a while when the market gets totally stagnant as it has become right now. However, it is obviously nothing to worry about, those who want to buy or those who want to sell both should have some patience and keep holding their assets until the market moves.

The current market is not bad for buyers though because it isn't that high, and as the bull run is expected to occur next year, if the price starts going up from this point, this might be the bottom for the current market until the next cycles come when the market enters the bear run once again.
The market is like a roller coaster it will be going up and down. But we should never have to think that every drop is a bad thing in crypto instead, we consider this as an opportunity to accumulate more. As we usually heard when there is a market crash, many people got panic and sold their coins but not knowing that some people had take this advantage of buying them cheap coins which could give them a huge profit once it pumps back.
Well, as usual, not all will understand and see the opportunity in every market situation because what we had focused on is today but we're not looking at the future outcome.
One of the main things that you would really be able to realize on the time that you do step your foot into this market on which it is really like that riding a roller coaster ride which is really definitely the precise picture
on what this market looks like.Therefore, you should really be making yourself that be prepared on whatever things that you would encounter but this would be mainly talking about volatility. Somehow if we do really talk about its effect then it would be neither a profit or a loss depending on where you do position yourself whether on the bottom or on the peak. You would be finding yourself about the outcome whether its positive or negative. We cant really be able to predict on what would happen as this should be the main thing that we are really that questioning since market is unpredictable.

This is why we are really that prone to mistakes and errors due to unpredictability on which it is really that something normal to be faced on. Only people who are really that good on decision making
and making some analysis on the market would really be always have the advantage but of course it isnt really that an assured thing.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
August 16, 2023, 05:45:33 PM
#61
Honestly this reminds me exactly of the price action in 2015 and 2019.

Does seem familiar and I should chime in as I did sell in the autumn of 2016, of course the 2017 lead up was memorable and I was bullish about the start of Feb 2017 but it was a bit unfortunate that I chose to sell some BTC previously when it was not far off going up so much.     2016 as I remember was not negative at all, it peaked and then got boring as mentioned and a bit of a decline but not severe hence lots of opportunity to sell if you wanted.   I needed to buy something so used the BTC, took a guess it could return down so not too bad a time to sell but it was really.   Never short a dull market, this one is pretty dull so yea its in line with history of BTC I agree.
hero member
Activity: 2800
Merit: 603
August 16, 2023, 05:38:00 PM
#60
As we have seen all week long and a bit more than that, the price goes close to 30k and then close to 29k and then close to 30k and the.. well that continues like that non-stop. The volatility is there but the amount is very little and that is what I want to talk about, its not that much all the time. Volatility does happen time to time but it doesn't happen all the time, we just end up with bigger volatility during bear and bull runs. However, when we are not on a bear or bull run, we do not end up with any of that, price gets stuck and keeps on being the same price again and again. This is why there is no need to worry about the situation and feel a lot more comfortable about it.
Generally, there is not this much stability in the market because the market is either in the bear run or the bull run, which means it is either going down or going up, this thing only happens once in a while when the market gets totally stagnant as it has become right now. However, it is obviously nothing to worry about, those who want to buy or those who want to sell both should have some patience and keep holding their assets until the market moves.

The current market is not bad for buyers though because it isn't that high, and as the bull run is expected to occur next year, if the price starts going up from this point, this might be the bottom for the current market until the next cycles come when the market enters the bear run once again.
The market is like a roller coaster it will be going up and down. But we should never have to think that every drop is a bad thing in crypto instead, we consider this as an opportunity to accumulate more. As we usually heard when there is a market crash, many people got panic and sold their coins but not knowing that some people had take this advantage of buying them cheap coins which could give them a huge profit once it pumps back.
Well, as usual, not all will understand and see the opportunity in every market situation because what we had focused on is today but we're not looking at the future outcome.
hero member
Activity: 2590
Merit: 549
Rollbit
August 16, 2023, 05:17:35 PM
#59
As we have seen all week long and a bit more than that, the price goes close to 30k and then close to 29k and then close to 30k and the.. well that continues like that non-stop. The volatility is there but the amount is very little and that is what I want to talk about, its not that much all the time. Volatility does happen time to time but it doesn't happen all the time, we just end up with bigger volatility during bear and bull runs. However, when we are not on a bear or bull run, we do not end up with any of that, price gets stuck and keeps on being the same price again and again. This is why there is no need to worry about the situation and feel a lot more comfortable about it.

Regardless of how low the price changes are, that is still called volatility. You may call it high volatility or low volatility, only thing is that bitcoin was known for it's high volatility. Also, volatility happens from time to time, otherwise day traders wouldn't be able to take a profit if bitcoin stops being a volatile asset for a specific period of time.
The current price movement is caused by the investors being neutral on buying or selling their bitcoin currently, but I suppose people would be accumulating more bitcoins anytime this year to take advantage of the bitcoin halving effect, it would for sure going to cause a significant increase in price.
legendary
Activity: 2436
Merit: 1561
August 16, 2023, 04:36:28 PM
#58
..and another one that's hot now and we know that previously BlackRock has filed a bitcoin ETF and it was considered a move that many saw as a game changer for the industry but, what's happening now is the US Securities and Exchange Commission (SEC) has postponed the decision until 2024 the listing of a Bitcoin Exchange-traded Fund (ETF) by Ark Invest led by Cathie Wood was previously planned for the middle of this month.

So, will Bitcoin be sluggish again?

I wasn't aware of that, but looks like the SEC indeed took advantage of the option to extend the deadline for making the decision from the initial 45 days to the maximum of 240 days.
This doesn't mean SEC have to wait till the early 2024. In theory they can make the announcement anytime before the deadline, but I don't think they'll be rushing.
So far the news didn't seem to have much impact on the price with only small dip in the price. It could get interesting if SEC's announcement gets aligned with the halving date.
full member
Activity: 882
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#SWGT PRE-SALE IS LIVE
August 16, 2023, 01:02:18 AM
#57
Honestly this reminds me exactly of the price action in 2015 and 2019. Basically absolutely no movement day in and day out. Every single break is a head fake. The day traders are the only ones that can make any money in this market.

I guess it’s good. You can call it the accumulation phase and we will eventually breakout. However this is testing a lot of peoples patience and many will simply leave crypto for stocks due to boredom.

The "crab market" is just part of the game and as you said, it could be an indication of the accumulation phase. I don't think any serious investor would abandon crypto just because of the boredom. As long as there's no reason to believe the next bull run will not happen - I think we're safe.
And of course, if people leaving due to the lack of action was true, we'd see the price tanking rather than holding still.

..and another one that's hot now and we know that previously BlackRock has filed a bitcoin ETF and it was considered a move that many saw as a game changer for the industry but, what's happening now is the US Securities and Exchange Commission (SEC) has postponed the decision until 2024 the listing of a Bitcoin Exchange-traded Fund (ETF) by Ark Invest led by Cathie Wood was previously planned for the middle of this month.

So, will Bitcoin be sluggish again?
hero member
Activity: 882
Merit: 540
August 16, 2023, 12:29:17 AM
#56
The "crab market" is just part of the game and as you said, it could be an indication of the accumulation phase. I don't think any serious investor would abandon crypto just because of the boredom. As long as there's no reason to believe the next bull run will not happen - I think we're safe.
And of course, if people leaving due to the lack of action was true, we'd see the price tanking rather than holding still.

Bitcoin can't see new ATH everyday. Market has to take correction. If you see price chart of bitcoin then its very much clear that bulls do take over but there time can't be predicted. Having said that current price of bitcoin is not bad at all, its very much stable in 29 to 31k$ bracket. Halving is coming next year and this is the best time to accumulate bitcoin before the bulls take over after halving.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
August 15, 2023, 11:16:26 PM
#55
I also think people will gradually forget and limit using bitcoin if it becomes stable because most of us enter the market for profit and not looking for privacy. We'll still use it, but it won't be as popular as it is today.
Bitcoin volatility is one of the highlights of Bitcoin. Because of this volatility, many people use it to get income from profits, at least it will be successful in trading. And of course, this will also provide benefits for both short term and long term investors. Imagine if there was no more volatility in Bitcoin, and Bitcoin became a crypto stable coin. This will not be attractive enough with a stable Bitcoin price like that. So it's difficult to get a specific price target when trading or investing in Bitcoin. So, as long as we can take advantage of Bitcoin's volatility, I'm sure that most will still like it and don't expect the price to really stable.

While bitcoin's decentralization gives us a lot of utility and use cases in our lives, there's no denying that we care about returns more than anything when investing in bitcoin. Money is always something we care about more than anything in this world.
To be honest, I also never expected bitcoin to become stable, which would make it less attractive. Bitcoin's volatility is really great for investors, but it makes many people who see bitcoin as a currency feel uncomfortable. It is bitcoin's erratic volatility that is one of the reasons it has failed to become a currency so far.
legendary
Activity: 2520
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MrStork Exchange Service
August 15, 2023, 07:18:09 PM
#54
-snip-
If comparing bitcoin and altcoins, bitcoin is still the best in every way. But in terms of volatility, bitcoin is gradually more stable than altcoins, and that is why many newbies are not interested in bitcoin, and they rush into altcoins in search of bigger profits. But the way I see it, people who invest in altcoins after a while will also return to bitcoin because investing in altcoins is not as profitable as they think.
Broadly speaking it is so, Bitcoin Votality will gradually stabilize, but seeing how stable Bitcoin is depends on how market demand is.
Bitcoin's volatility will also rise and be more aggressive so that bitcoin market movements become more active.
As will happen in Halving, this will make Bitcoin's volatility increase

When Bitcoin has shown a decline in dominance, and volatility is quite stable it is an opportunity for Altcoin to party.
Loss or profit in altcoins depends on how each person trades and what altcoin they choose, it will greatly affect.

-snip-
The easiest thing that affects Bitcoin (or alts) volatility is news, nothing else. Any impactful news, whether positive or negative will effect direction immediately it's released. It doesn't matter where price was headed before. Bitcoin is more fundamental than technical analysis.
This is included in Fundamental Analysis, the market is affected by some news that appears either a trend for FOMO or FUD that is deliberately raised.
Technical and Fundamental analysis both have continuity, in time it will synchronize.
It also looks at the history of bitcoin travel, usually some FUD that appears is always repeated every year or every increase in Bitcoin that will reach the highest price.
full member
Activity: 1498
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BK8 - Most Trusted Gambling Platform
August 15, 2023, 05:25:28 PM
#53
I also think people will gradually forget and limit using bitcoin if it becomes stable because most of us enter the market for profit and not looking for privacy. We'll still use it, but it won't be as popular as it is today.
Bitcoin volatility is one of the highlights of Bitcoin. Because of this volatility, many people use it to get income from profits, at least it will be successful in trading. And of course, this will also provide benefits for both short term and long term investors. Imagine if there was no more volatility in Bitcoin, and Bitcoin became a crypto stable coin. This will not be attractive enough with a stable Bitcoin price like that. So it's difficult to get a specific price target when trading or investing in Bitcoin. So, as long as we can take advantage of Bitcoin's volatility, I'm sure that most will still like it and don't expect the price to really stable.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 15, 2023, 03:53:05 PM
#52
In the foreign currency market, I recently experienced the BTC/USD volatility effect, which prompted me to investigate what makes the pair (bitcoin) so volatile.
You should've been here around 2017–2018 to observe what volatility is. This day, it's almost like Bitcoin sleeps throughout. Those days you would check charts and be dismayed that Bitcoin had done over $5k in a day, either in loss or in gain. I know someone will say the market is ranging ATM that's why Bitcoin seems static. I don't speak for the moment, it's something I've observed over a period of time for a while now even before it got itself in this range.

The easiest thing that affects Bitcoin (or alts) volatility is news, nothing else. Any impactful news, whether positive or negative will effect direction immediately it's released. It doesn't matter where price was headed before. Bitcoin is more fundamental than technical analysis.
Without a doubt the last quarter of 2017 and the first quarter of 2018 allowed us to see a period of extreme volatility, and while bitcoin may present bigger movements in the future due to its higher price there is no doubt the movements were more extreme back in those days, which in a way explains why so many people were unable to keep holding their coins and sold them during the crypto winter that followed and they never returned despite the new bull market that took place after it.
hero member
Activity: 2492
Merit: 586
August 15, 2023, 03:10:40 PM
#51
As we have seen all week long and a bit more than that, the price goes close to 30k and then close to 29k and then close to 30k and the.. well that continues like that non-stop. The volatility is there but the amount is very little and that is what I want to talk about, its not that much all the time. Volatility does happen time to time but it doesn't happen all the time, we just end up with bigger volatility during bear and bull runs. However, when we are not on a bear or bull run, we do not end up with any of that, price gets stuck and keeps on being the same price again and again. This is why there is no need to worry about the situation and feel a lot more comfortable about it.
Generally, there is not this much stability in the market because the market is either in the bear run or the bull run, which means it is either going down or going up, this thing only happens once in a while when the market gets totally stagnant as it has become right now. However, it is obviously nothing to worry about, those who want to buy or those who want to sell both should have some patience and keep holding their assets until the market moves.

The current market is not bad for buyers though because it isn't that high, and as the bull run is expected to occur next year, if the price starts going up from this point, this might be the bottom for the current market until the next cycles come when the market enters the bear run once again.
legendary
Activity: 2688
Merit: 1208
Once a man, twice a child!
August 15, 2023, 06:16:56 AM
#50
In the foreign currency market, I recently experienced the BTC/USD volatility effect, which prompted me to investigate what makes the pair (bitcoin) so volatile.
You should've been here around 2017–2018 to observe what volatility is. This day, it's almost like Bitcoin sleeps throughout. Those days you would check charts and be dismayed that Bitcoin had done over $5k in a day, either in loss or in gain. I know someone will say the market is ranging ATM that's why Bitcoin seems static. I don't speak for the moment, it's something I've observed over a period of time for a while now even before it got itself in this range.

The easiest thing that affects Bitcoin (or alts) volatility is news, nothing else. Any impactful news, whether positive or negative will effect direction immediately it's released. It doesn't matter where price was headed before. Bitcoin is more fundamental than technical analysis.
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