Bitcoin Forum

Everyone who has ever traded for more than a couple of hours have had episodes where their trades are wrecked because of bitcoin volatility reflecting on the whole market.

What tips do you guys have regarding protecting yourself from bitcoin sudden moves?

The best way for me to handle bitcoins volatility is through the amount you invest in it, invest what you can afford to lose, if you invest in that way, you will be able to handle a sudden fall and the losses wouldn't be one that you cannot handle or that will leave you with no funds at all.

Another tip for me would be the stop loss feature, bitcoin will always be volatile, and there would always be crashes, so whenever that happens, you can try to take funds you have left, rather than leave the losses to pile up.

Invest/trade only with amounts you afford to lose.
Keep in mind that if it falls today, some other day it may rise again. Don't rush it for each and every fluctuation.
Don't be greedy, stick to the initial plan.
If you don't want to stay out of trading for long periods (until bitcoin rises again), use stop loss.

It depends on what kind of trading you are into yet we know it can be classified neither short or going for long term ones.If you cant handle out bitcoins volatility then
you should go for long term and doesnt bother you out on what price you've bought.Unlike on short trading where you would need up to be active on each ticks of its price
yet you are always concern on making money as early as possible.How to protect your capital into these kind of times? Always use stop loss everytime on making an entry at least
 you wont commit losses were too deep.

Bitcoin price volatility is the nature of Bitcoin and all the cryptocurrencies apart from stable coin will behave like how Bitcoin is ticking the the price chart. whenever you are looking to invest on Bitcoin you should always go with the Bitcoin price at low level and sell the same at the high level.
We are not sure the the value of bdc by tomorrow maybe goes to down or else it will bump back to the same level.

When you buy bitcoin at one range price, you should think about how you can sell at another one range price so you can make a profit. That is a basic of trading, and that is also a way to handle the bitcoin volatility. If you can do that, you don't have to worry about the bitcoin volatility. You can also buy bitcoin when the price is dump so hard so you can get bitcoin at the lowest price, and that means, you can save it or hold it for a long time until the bitcoin price increase. As long as you can follow the up and down of the price, you can handle the volatility to reach your profit but don't greedy.

Honestly for traders Bitcoin's volatility is their ideal asset to make a profit in and all you have to do is to follow the trend. Losses in the market is very preventable especially if you have set automatic orders for your entry and exit points which is very handy if your trade goes wrong, most traders I see will only just watch the prices and don't plan ahead for it that's why when a sudden price movement happens their portfolio will instantly be red since they don't have any stop losses or exit points set in place. Volatility is something not to be afraid of instead we should all take advantage of it since we always have the option of shorting it and also going long for it both of which is very manageable even if Bitcoin is very volatile.

I'm sure that majority will agree that Stop-Lose is a good trading strategy to at least hedge your portfolio here. So that's it, learn how to used stop-lose and I'm sure you will not get REKT in this market. And once your done, then I guess you need to call it a day as the price is really unstable and instead of gaining profit, you might try to chase another profit that can end in a disaster.

There is no special way, you only need to determine your best analysis of trading, then set a stop loss. The sudden movement of bitcoin is unpredictable and it is also impossible for you to look at charts all day to watch out for it, the only way is to use the stop loss feature on the exchange you are using, if they don't have that feature, then go to a more modern exchange.

Patience is the key for the most part. I don't sell whenever I feel that the market will be on a slump and just buy/use a few percent of my bankroll to whatever price I deemed will be the lowest for the period. Afterwards, I sell whenever I see a 3-5% increase from my initial investment and repeat the process. I'm no expert and trading during the storm would most likely result to me losing more money than I should ever do in that particular day.

Tips will come from mistakes.

You can't just follow anyone's advice and suggestions since we have different trading situations.

You must note what errors and mistakes along the way. Charge that to experience and slowly think of a way how to get rid of those in the future. As long as you will be used in facing mistakes, eventually, you will become a trader soon, only if you are serious about building good trading progress.

Anyways, I don't understand what you meant about protecting ourselves from bitcoin sudden moves. If you are afraid of taking such loss, make it minimal by setting up a stop-loss. Overall, it all depends on your own hands and strategy so study study study.

As for me, I don't have these special moves so I don't think this is a tip. If you are aware of market movements most especially now or even when it is painted red, it is not surprising anymore. I just watch it cause I know I can't do anything about it. But with regards to my assets, I always open what may happen cause I can afford the risk. And I know it will rise again after the dump session.

I have a great way of protecting yourself against volatility in trading.  Don't day trade and it won't affect you in the least.  If you would just buy bitcoin and hold it, you'd probably make a profit in the upcoming months instead of worrying about what its doing from minute to minute.  That has to be extremely stressful, and that's why a lot of traders don't make any money in the aggregate.

Even just holding bitcoin can be stressful, tho.  Times like these can make your stomach churn, and I'm wondering how much more pain we're going to have to endure before the market starts to move up again.  Jeez.

Chill mate, I know the market will be back sooner and we will see the future to be reversed of this current situation that we're facing right now. That's okay to be stressed but don't get depressed by it, we should be more braver now because if we panick; it more like giving up. I also felt what you feel right now, I just need to move on and be calm, learn to control emotions, whatsoever diversions might be helpful to become stronger during volatile periods.

You can use Stop Loss ( SL ) and Take Profit ( TP ) as your strategy. We can handling market moving only by replace limit into our fund to stop after reach target or touch our risk. In simple statement handling ( face ) move can be done by manage risk. The problem is some trader broke their limit by change the limit or keep hold after reach the target, try to discipline accept you result and see it as valuable experience.

I think you need to be aware of the market first for handling bitcoin volatility Now the price of bitcoin has dropped a lot, but let's see if the price will rise. If we can buy at lower prices now and sell at higher prices then the volatility of Bitcoin can be handled Think about it and don't be discouraged if you lose.

A very good question, it's true that the difficulty of bitcoin trading is to overcome the volatility of bitcoin prices. So it can make prices change
all of a sudden, so sometimes the analysis we do fail. This is the solution by carefully managing our capital. Then there are some steps we must
take to deal with bitcoin prices are volatility. Among others, first we must use money that we can afford to lose. Secondly, we do not buy bitcoin
with all the capital we have, save some of the capital we have in stable coins. So when the price of bitcoin down, we can buy more bitcoin from
the money stored in stable coins. So when the price of bitcoin goes up we can get double the profit. And the third step of the profit we get can
be bought potential altcoins, because don't keep eggs in one basket.

It is hard to protect yourself from that.

That is why there are a lot of people saying that it is a scam and some that doesn't want to be a part of it. I am not certain what will happen so I just buy at the price where I think it will be the lowest. When I can see a good profit, and there is a threat that it might go down, I immediately sell them and buy again at the price where I think it is the lowest. I bought at $6700, and I think I will be losing some but I will just wait, I know that will not fall continuously.

Whether you want it to happen or not, it's hard to prevent the sudden moves due to bitcoin volatility.

Stop-loss is you dearest friend in this matter. And it depends on your strategy as well, which is short, medium, or long term.
As for long term, I doubt it will affect their hodling. Since a long term mostly means that they will leave their assets for quite a long time without checking them or some regurally checking the prices and make an exit move to minimize the loss.

Whichever your choices are, it all comes to how much money you're willing to lose. When you enter the market, don't just thinking about how much profits you'll get later, but you have to consider as well, how much of your investment you can afford to lose.

When the sudden move happens, first don't be panic, calm yourself down first, then make your decision whether to cut-loss or keep holding like no one cares.

You should consider using stop loss. It's automated trading feature that will quickly move back your fund to a stablecoin or other pair,  giving you peace of mind and allowing you time to plan your next moves. Altcoins tend to move along with Bitcoin...this is one of the reasons some prefer Bitcoin Stablecoin pair.

Well, it is also a good idea to protect us from the sudden fluctuations of bitcoin when the stop loss tool allows us to handle trading activity even when we are not sitting and reviewing but this treatment is quite passive, sometimes the price at which we stop, that is also the time when prices can recover, so many whales often manipulate it. Therefore, we should also consider setting a stop loss for altcoins that are not too potential, for altcoins that can hold for a long time, Bitcoin's volatility making it deeper is still acceptable

If that's the case, you should still always monitor the graph or chart for you not to surprise yourself when that happens. You know that bitcoin is volatile and yet you use some tools that are not quite certain to handle. That's correct, you should not use stop loss in bitcoins because it is not stable like altcoins. Altcoins can help itself and it can hold for a long span of time.

Bitcoin are not easy to handle but we just need to hope for the better. It will soon recover from its downward movement and let's continue use it for its promotion.

Minding the graphs and technical analysis about the chart will help you to know when you will hold or sell bitcoin. To protect yourself from volatility, be updated about the news and be sensitive to the changes. Always keep in mind that decision making is includes in a positive movement on bitcoin.

bitcoin doesn't move suddenly, at least volatility can be seen by monitoring the Stoch RSI and Fibonacci. there are a number of movements that can be analyzed whether failing to meet resistance, or the possibility of variables that cause them to go down quickly, accustomed traders will be able to quickly position steps to convert assets when failing to break the resistance line and bounce down.

Thus, the market fluctuations even surprise you? Cause if not, I don't think we need to worry about and protect ourselves from being caught into FOMO. Volatility remains active and even gets stronger but to think that was its market feature, we are the one to adjust. Only we need to prepare for every change that might cause losses to our side but not actually be all in a losing scheme if we know how to trade and control ourselves, we can of profiting as well.

The easiest thing is always set a stop loss on every trade we've made so if we don't have much time to always watch the market at least we set a stop loss to prevent a big rekt when the price dropped too deep.

Have you considered using options to hedge or bet against such volatile movements?

Check out our article to learn more!

3 Strategies to Combat Crypto Market Volatility with Options Trading
https://blog.sparrowexchange.com/3-strategies-to-combat-crypto-market-volatility-with-options-trading/

Before you decide to trade for more than a couple of hours, you need to analyze the market first so you can know how long you need to trade, and you will see when the time to leave the market. Although bitcoin prices can go anywhere, you can get information related to the current market, and you can use different methods to trade.

I don't trade more than 2 hours if the bitcoin market doesn't show good movements, and I will prepare to leave the market before the situation become worst.

I just never targeted how many hours it would take to trade because indeed, the situation would make me at least trade longer or faster. Indeed, when the situation continues to deteriorate usually will soon leave the market because there will be many negative effects that arise at that time, but it is also possible that I will survive when it is in making a target to buy. So it's all back again about our purpose of trading, what we are looking for and how important it is to do trading on that day.

If you are a day trader and do margin trading, you just have to always use stop loss. If you are an investor who can afford to wait out the drawdown and do not trade on margin, you simply need to make deliberate trades and wait for trend change.

Learning by doing, experience is the best teacher. I began to respond the volatile market naturally, even after many times through significant price changes, I was not yet an expert in trading, many market adjustments that I had to learn more.
In this case, when trading for the short term, stop-loss is very useful to avoid fatal losses, but sometimes there is a wrong placement stop-loss so that it could be support or resistance in the market.
For the long term, the key is to be patient, wait until the market situation returns to your expectations.

Basically everything goes back to your trading strategy and how you respond to the volatile market.

no one can see the sudden movements of bitcoin it's hard to predict, I made a long bitcoin investment, so I don't care about fluctuations because I want to sell bitcoin until 2021 later. I believe the presence of bitcoin is a great technology that will quickly grow in the next few years.

Besides stop lose, I heard several traders, hedge  their asset to stable coins.


It's really hard when you trade through this ups and downs, as I have said, hedging is one, but I don't know if that will be applicable in your case though. You really have to go to this painful process of being a trader before you can fully understand how to protect yourself from the sudden price move.

If you want to earn a lot of money and income in trading, it is better if you are not starting the have enough knowledge how to use the bitcoin, today the price of the bitcoin is not good well because for becoming stable for over a month. The price of the bitcoin falls for over seven thousand dollars and its a loss to the people who already invested to the bitcoin before, its a good opportunity to the people who want to earn immediately. The price of the bitcoin is volatile; it changes every time and every day depends on the market if you are trying to invest in bitcoin. It is better if you know how to read graphs commonly, the bitcoin graph gives a sign if the price will fall or it came back to the top among all the coins. Many people are hoping the price of the bitcoin will rise again on this coming 2020.

tips to watch out for in trading with high volatility are:
- keep track of prices
- stay calm in trading
- doing analysis
- don't panic
- using scalping techniques
- does not set high profit targets.
- when you have prodit, rest. And trade tomorrow.

If the situation not go as plan learn to wait and dont panic.

Fluctuation is quite normal so be used to it and expect it to happen anytime.

Lastly keep in mind that investing in crypto is risky thus invest a spare money that you can afford to lose.

I agree to some of these;
*stay calm
*don't panic
*doing analysis

This is all about controlling our emotions. Most of the time we experience price fluctuation which I don't think we have to emotionally stress our mind and think about it all the time.

In that case, we must be open for long term trading to avoid stress from daily ups and downs of market price. Its really part of the game to get losses or gain more profit. Handling bitcoin volatility is somehow uncontrollable. All we can do is to ignore it and just be patient to wait for the best price.

Sometimes you have to feel a huge lost in so that you're wonted the price movement of bitcoin and cryptocurrencies as a whole. Moreover when you choose to become a trader which is mean the movement price or the volatility price is something that you must face everyday/everytimes.

A bit experience from me (although I'm not a professional trader but you may take a leason) when I face a volatility prices I familiarize myself to not panic. Just let the price down or up drastically because I'll get point at the end. If the price down drastically just hold them and save in my wallet and when its price up just sell them and wait for the price rejected so as I can buy again.

If you are real trader you need to know how to manage your fund this is important also your emotion specially when market started to move like dumping and pumping most people will say to you "just follow the trend" but not all the time the market will be your friend thats why you need to manage risk.

I've been there countless times that happens to novice like us in trading, i even tried trading below support line back then, i didn't know what it means and to never trade when price is near the support line. Also bought btc, then price suddenly dumps when i saw that i panic and sell without thinking to hold and wait for the price to recover. Now i watched expert crypto traders in order to have some insights.

Handling the volatility of Bitcoin is very risk and you really need to manage your funds in proper way of investing and trading and once you feel that you are making a mistake then pull it out immediately.

The only problem is when you put all of your money and invested it in one tokrn/coin and that would take a big risk and you may need to wait if the vakue really plummet really hard until it goes up again.

There is only one weapon that can be used to treat such bitcoin volatilities and that is patience.
With patience you will be able to wait for the sudden drops to recover and hence your portfolio won't be affected because of bitcoin volatility.
And I seriously mean it when I say you must have patience it means you must tolerate the negative % until it becomes positive.

Set a stop-loss to prevent a big loss. You can also try using smaller trades. Then if the price drops you have additional buying power to buy more at a lower price for better positioning.

Legends said patience is the key of success in cryptocurrency, but for me just be patient is not enough , we always have to find any chance to get profits even it's really small we have to be able to take the chance. keep up to dates with the market and the news even when we are not in trading

Beginners are not a experts in trading platform so they learn some knowledge in gradually on crypto market. Nowadays everyone participate the trading so it is more volatile in Bitcoin. I always recommend the Bitcoin and top altcoins because of future resistance, Those are all looking for learning and profit for each investment they make hard to work on all the investment.

Not bad on suggesting bitcoin as a choice for investment but doesnt mean that it will always gives out guarantees on making money.
Investing do still have those risk i shall say.

We do start on being a noob so its just normal for us to commit mistake on very first try.Soon youll realize regarding on your mistakes and would be
aware on your next possible move and when it comes to handling bitcoin volatility then it wont be simple and also you would get used to it
as time pass by.

I personally think that it is more about mentality than the money aspect of it. Think about it for a second, if you were worrying about what the price would do then what would you do? You would sell right well the reality is that if you sell the price will fall of course.

In reality the mentality of everyone involving bitcoin is the thing that actually causes the price of bitcoin like when people are bearish of course it falls. In stock markets if you are bearish on a stock but the stocks company actually profits more than expected there is a way it will still go up yet that is not the way bitcoin or any other crypto works. So if you are really worried about what bitcoin will do, remember you are the cause.

Those fluctuation will be normal.
If you are monitoring it for a few hours then you might not see it at all.
Try a day or two.
But if you did see that swaying movement in just minutes then good for you.
That is already a good experience.
Now, how will you prevent loss. It's easier said than done. Control yourself. I may be trading for quite some time but emotions will always be there.
You tend to get greedy and look for more profits or you will be stopping the order just because you are already in panic of more loss.

If you could somehow prevent those then I think you will be successful.

You can handle the volatility of the bitcoin if you have a lot of trading setups. You will get used to it if you will keep studying and researching. I'm a type of trader who always seek for learning and experience. Volatility is really sucks but I manage to learn and understand how it works so I using the volatility of the bitcoin to earn profit in just short period of time.

If it were me, I would have to be more patient and think positive because if we are provoked by uncertain conditions, we ourselves will lose, having been panicked several times and immediately making a momentary decision, but apparently the price of bitcoin in few hours returns to normal (initial price when buying). after accustomed to all that, the bitcoin volatility can be faced calmly just like now.

Did you mean trading without affecting your emotions? Of course, trading and gambling is almost the same. We should trade according to our plan and stop thinking something which isn't part of the plan because that would be a hindrance to us when we are trading. Patient is the main thing if you are in a volatile market that's why you need to have this to control your emotions when trading.

In order to be a successful trader in the crypto market, you have to be a vigilant trader who is aware of all the risk he or she is taking and also alert about what is happening around him. There is no way one becomes successful trader without having sound knowledge of the trading market. Emotions come into action actively when your coins are going down in the market. You need to manage stress at that time.

Although one cannot say him her know how to handle bitcoin volatility in this market because we all suffer the same shock when Bitcoin move. From all indications both the newbies and the experts suffer from this highly volatile digital assets. Sometimes, I take profit to stop loose while sometimes I obey the rule of long-term.

The only way to account for the bitcoin volatility is to use your money management skills to protect your money, how can you do that you may ask? It is really simple you need to set a very wide stop loss, now the problem if you do that is that you could lose a lot of money so a way you control the money that you lose in the case the market of cryptocurrencies goes crazy is to reduce the amount of capital that you use in each one of your trades.

Unfortunately this has the side effect of reducing your profits but it is a reasonable price to pay in order to reduce your losses during those episodes.

Good plan converting to the local currency once some profit is made out of the market trend through trading. This means leaving the capital in terms of bitcoin and taking away the profit will keep us on the secure side than losing big on sudden market fluctuation. Apart from the same as most users suggested it is good to spend what you can afford to loss. This will let the trader go for choice without much complications on living standard.

I have always hopped for an exchange that has an automatic system that a trader when using the stop loss or take profit feature can easily convert his/her profits/coins to stablecoins to avoid the volatile nature of bitcoin but since that isn't available automatically yet (to my knowledge) I think the best way to tackle OPs problem is by been present when trading and immediately you're done, you can trade your profits into stablecoin. Also you should only Invest the capital that you're willing to lose since the market is very unpredictable.

Before you engage in trading you get your educated, gamiliar with managing your emotions as it'll be very vital in instance like this, while inexperienced traders will immediately panick and probably sell in losses, experience traders will always look for a way to profit out of the situation.

many people still do not use stoplimit and underestimate it, they are also too eager to use orders with maximum assets on the grounds of higher profits for each percent, the latter is lazy to understand charts with indicator variables, just by following signals or looking at charts blindly.

However, these three things must continue to be adjusted to at least face fluctuating price movements.

Placing my buy and sell order in advance is my key to protect myself from the volatility that bitcoin has. I don't want to leave my holdings without placing them in an open order because once I got off from my desktop, anything can happen in the market and it could result to a huge loss.

What do you mean by placing it in advance when it does not matter at all coz the market is volatile so it is very unsure at the first place.  What could be the most effective to avoid huge loss or even just a loss is to monitor the market as long as possible to analyze the market in close to what would be the next movement of prices. Perhaps you have a pretty good luck.

People forget that bitcoin doesn't have to be this much of a day trader product, you can literally use bitcoin yourself if you want to spend it on anything OR the most logical thing it is a very scarce commodity so you can hold it. If you are afraid of volatility and you are bothered by the fact that you may end up losing money wherever you want to buy bitcoin, just hold it.

I personally have the same coins I had in 2015 let alone the new ones I purchased so I am never bothered by the volatility, I had bitcoin during 2017 and I had it during 2018 and I still have it. I did spent some of it, I did bought a bit more later, but in the end I do have even more bitcoins than I started all thanks to me not selling my coins because volatility could have hurt my results.

That is without a doubt one way to handle the volatility of bitcoin but you can not really expect that everyone does the same as you, to begin with you seem to be very comfortable with the amount of bitcoin that you are holding, something that is not true for the majority of people in this forum.

Also you can hold your coins regardless of the market conditions because I'm sure that you are convinced about the future of bitcoin but we must understand that unlike you the majority of the people in the market do not really believe in bitcoin that much, they are here just because they want to earn money in a fast way and holding your coins is not really their preferred method to do that.

I protect my fund use stop loss and cut loss, in other side I also ignore public opinion and patient. Technical combine with psychology become my safety to handle risk in bitcoin volatility. You can use any safety step you want but what I mention is basic, so you must do it. Even I still get small amount but my fund grow up 10%/ month use that safety. Take my advice for better result, I'm sure next step will easy for you.

The answer is subjective when it comes on what's better between holding and trading. As a trader I prefer to trade my bitcoins than to hold it. I'm an active trader so it is suitable to trade for me. Those passive trader are suitable in holding bitcoin in long time and they will not also be worry about the volatility because their just holding. As an active trader, volatility is really sucks but I manage to survive in the market because I know what is my doing and I have a lot of strategies in order to manage the volatility.

Yes, this one could be important.
Ignore public opinion. They rarely do it for profit of others but more of a hype and they will bet against it.
A strategy which might be old but still working up until now.

Patience is one key. Greed is the problem and so does fear.
When you see profits, get out. Do not be intrigued with what could happen later or tomorrow. Run with your money!  ;D

No matter if your profit is small, if you can repeat over and over, I am sure your profit will become bigger, especially if the bitcoin price is up and down on that day. Besides of what your suggestion, don't forget to manage the emotion because if you cannot manage the emotion, you will panic, and you cannot get or make another strategy in a short time. You should have learned about controlling yourself in trading because bitcoin prices will always be volatile.

Yeah that sounds like an investment in bitcoin. However, most people assume they must be able to trade every day, therefore they are afraid of high volatility. They are trading for income, so if they have to hold on for a long time waiting for the BTC to recover then that is not what they expect, therefore @OP asks for steps to prevent such rapid market movements.

Volatility? Its normal when you do deal out this crypto market.You have to deal with volatility and come to think that this is the main reason
why people are making profits.If there were no movements then profitability isnt possible.How to deal with it? Then it will all vary with traders
analysis and knowledge on how he trade and this is where people do differs.

And I'd found no worries seeing the market moves back and forth. We know how volatility effect means a lot in crypto and besides, it helps us to generate more profit in the real thing. But I'm just wondering why people would think that negatively and been affected too much. If we know how crypto works, it will be an easy for us. It is all about how we adopt the market system and volatility will remain until such time that we are controlled by someone, but it looks impossible thing to happen.

When you are in bitcoin for day trading you realize that those volatility are not as frequent as people talk about, sure there are few hundred dollars moves here and there but those big thousands of dollars worth of movements are more rare than everyone has been talking about. Those happen once a month maybe on average, sometimes for months the price is around the same price and then for a week it does some weird movements.

If you are not around for those huge movements and out, you will not have to worry about the volatility at all, if you are around and hurt by it, know that whatever direction happened that hurt you, the opposite will eventually happen as well, maybe it will take time but it will happen. So, volatility is not that difficult to handle if you are lucky or patient.

One part of trading is the risk.
There wont be the so called daily traders if there will be no volatility in bitcoin.

One good example is gold. How could you make profits out of $10 movement and they are not easy to track too.
It could bounce back and forth in just minutes.
What you could do is look at its history and then maybe you could find some answers.

There is a volatility in every investment and even trading has it and we cannot avoid this kind of situation, that's why we always need to have plan before taking the risk. We need to always check for the good investment that we think we can make it up, as long as we "don't put all our eggs in one basket" as saying.

And taking risk is a part of life, we may lose and win but we need to always have more winnings than losing. And it cannot be called investment if you are just losing and wasting money.

This is indeed a good strategy for investor most especially if you are dealing with bitcoin. Bitcoin is known for it’s volatility and wether we like it or not, it is going to stay and part of bitcoin market so we just have to invest on the amount we can afford to lose and also be wise and smart in going around it’s volatility. Investing only the amount you can afford to lose will lessen stress level and if incase the price won’t go te way you wanted then atleast it is not your life saving.

Setting a stop loss is a must. Everybody should have learned their lessons last year. It was a bad year for bitcoin trading where the price was decreasing most of the time. Greed is the biggest enemy here.

I agree with you. This market never stands still and is constantly volatile so it is difficult to predict the value of Bitcoin during this time. Currently there are many different predictions when it comes to Bitcoin but 100% will never be accurate because every second is a new price and you need to adapt to that when participating in trading in the crypto market.

In addition, you also need to have the basic knowledge to deal with unexpected situations and to set a stop loss after trading.

Trade with clear figures in mind. That will save you from the unpredictable movements of Bitcoin. You should not set a high % in profit. You should not also set a very low stop loss or you might have a hard time recovering that soon. Set a moderate amount either as a take profit or a stop loss.

Sometimes it really hard to apply what people told us here but since you are in tradings maybe much better if you indulge yourself on trading camps there are offering a trading schools which offers techniques on how to trade but if you can't afford to do that maybe the best thing you can do is learn it by experience and don't trade with huge funds until you mastered the market flows.

There is no need to send them for some trading camps, we can simply learn about trading through the internet, in fact, it flooded around. Only it needs time to trolls on the internet and finds those things that you think it was important and very applicable at your level.
It actually I did it and it was helping enough to learn and be in the actual scenario.

volatility can still be anticipated in various ways, including running spot and futures trading options with cross techniques, if bitcoin fails to retest prices, then cutloss all spot orders will be touched, and short orders (futures) can cover losses at the same time. This strategy can be profitable but must analyze both market options at once in detail.

Exactly, patience is very important to protect yourself from Bitcoin suddence move. In this situation, people often make wrong decisions like cut loss too early.

There is no short term solution for this. If you're an avid trader then you'll be bound to get into this trap. Long term solution is to keep your calm and trade only good coins.

At first don't panic. Because panic will cause us to sell our coins in lose position and then lose our money in it. I can said that because i always panic if see bitcoin price move suddenly. Maybe my strategy for now not really see bitcoin price because i must believe that bitcoin price will increased someday. So i don't need to panic anymore especially when see bitcoin price dumped.

Bitcoin price is always been volatile and speaking on how to protect yourself, then i would suggest this;

-Let yourself prepare on whatever would be the outcome and dont anticipate on making good trades
-Set stop loss
-Make some good fund/bankroll management
-Get rid of being too emotional

Basic things but hard to do when you are on actual situation but at least you do already have the idea.

The best way to protect yourself from the sudden moves is to play them. Whenever you see Bitcoin is up a large percentage in a short amount of time, it's probably going to be a good idea to sell off and buy back in at a lower price. More than likely with a large jump in price, the price will go back down and recover. I have been doing this on Robinhood without ever even looking at a chart and just using the alerts they send out in the app and have made 5x. I just sell whenever it alerts me that Bitcoin is up a good percentage and then set a buy at a lower price. Never once looking at a chart or anything.

Thanks for the tip, haven't try Robinhood though, but it looks like doable. I just simply hedge it to other crypto's and then go back when bitcoin is making a run. Yes, it's profitable but I'm not getting want I wanted as profits. So maybe I will try robinhood and see how it goes for me, at least I have alternatives if even I got headache trying to handle bitcoins volatility.

There is really nothing you can do unless you’re referring to short term trading, then you can make use of a stop–loss to decrease your loss. Back to the norm which is long term trading, there is really nothing you can do since you are having plans to hold them for a long term unless you’re going to swap for a new coin or maybe have the coins sold and you might be disappointed if the coin you sold starts to rebound lol ;D. That’s why you should be a bit frugal with how much money you’re splashing on bitcoin, you never just know what will happen.

At least if it falls you will be able to endure. I do know some people invest huge amounts to make profits, but that’s kind of greedy and you should not let greediness control you.

Let's move on now, let those experiences of 2019 be our inspiration in facing towards new journey in 2020. If there's a good future, there will be an amazing signs that we will see, but if not? I guess same pattern will still occur. Bearish will continue to pull the market down and still makes our asset so hard to increase at a good price.

Yes, if you are a long term holder the volatility doesn't really bother you that much honestly. But, when you are a day trader it must be something very difficult.

I personally earn bitcoin by working and that hurts me a bit because sometimes I work for something and we agree on payment and they pay me and until I cash it out to fiat the price of bitcoin falls, which really means I worked for it but got paid less however I risk it for the potential of making a lot of money for my work as well both of which has happened to me before, I mean I remember times when I earned money and spend a bit of it and next day I still had the same fiat because bitcoin went up, sometimes I got so little that it was hard to live for a month and had very big difficulties as well.

Without a doubt the answer to the question about how to deal with the market volatility will depend greatly on who you are and what are your skills, just as you I am a trader and I prefer to deal with the volatility by getting in and out of the market when I think it is convenient for me to do so and so far that has been a good strategy for me.

But I do understand that not everyone can do this and some decide to hold their coins regardless of what happens and that is a good solution as well, but there is another group that cannot do either and they are the ones that suffer the most as they lose their money thanks to the volatility of this market.

Don't overbet that's for sure. With volatile markets you must be more aware than ever with how much you can risk on a position. Tailor stop losses accordingly an split/diversify your positions as much as you can so you will not be a victim of bad luck. If your strategy is a winning one and you will not let the variance beat you then high volatility only makes for more chances to beat this game.

I always try to place stop orders on my trades. This is how I stay prepared for volatility. This way I can avoid losses with big drops in price.

Panicking doesn't have a good result but all on negative sides. This kind of human feeling will always lead to nothing and that is why those people who have been controlled by their emotions will never succeed. If we trusted bitcoin since from the day we invested this coin, I don't think we should have to be panic. Don't let our emotions controlled us, we should have to think the best solution rather than to easily quit and sell our Bitcoin cause of fear that it all be gone.

One of the ways to protect yourself is to have money on both ends, if your pair is btc/stable coin (or any other pair) you need to have amount of bitcoins and stable coins. When price change directions simply add more money to your position, for example you buy and price drop, what you do is to buy again, and if it drops more buy again and hold your positions, bitcoin always bounce back, sooner or later. It's ok to try to short sometimes, when you think that price will go deeper sell all and wait for price to go to bottom and buy then, it's tricky to do it, sometimes you can lose money if you choose wrong moment.
Trading is tricky and risky, some sudden moves can be a terrible for your open orders, but sudden moves are the ones that can make you money if you risk and trade like you expect them.

Hold it for a long term! But before you hold, you need to know when it should be bought first. You can set your prediction price below 8K dollars and not more than 10K dollars. Why? Because most of the time, it fluctuates around 10k+ dollars and it is possible that you regain what you loss. If ever, it moves unexpectedly. The best thing to do is to look out the price reaction. If there is a huge blocks of sellers, then cut it off. But if not, hold on!

There are few tips to handle it, one of them is to do an action whenever it starts moving. For example, you sell Bitcoin whenever the price starts to move down and Buy when it starts to move up. It's gonna be hard though since you don't know how far it's gonna move and you may need to pay more attention and be aware of every move, but try to apply this to be safe.

That's basically what a day trader have been doing and it's really hard though specially if the market is not that too unstable. Less volatility movement meaning less profit for a day and that is so stressful if you'd ask me. Best is to hold it until you see some huge movement in the market.

in order to protect your selves from bitcoin sudden move you should convert your btc to stable coins or convert them to fiat or just withdrew them  .  you know bitcoin is volatile  .  you must accept it or leave   , if you wanna trade then trade and put in your head that once you already trade you can never get it back  . you must accept if what else happen next  . if your lucky , youl earn while the price will dump after you traded but there are time that a trader is badluck and the value of the coin that they already traded just pump hard few moments later  .

the right step for me is to cutlose when I open a wrong position, and return to buy it when the price has gone down. that way I can minimize losses, rather than having to hold back and prices continue to fall which can make me a headache. price reduction has become a bitch that can make people stressed.

If you could have buy orders and stop loss there is really not much else you can do if you are a short term trader. I would say having something like a 10% stop loss would be ideal because usually if bitcoin goes down 10% it goes down even more, then you can buy cheaper under whatever the biggest support level is.

So, let's assume you ended up buying bitcoin at this price, then it went under $6.2k, you should have a stop loss at around $6.3k or so and after that the price goes whatever the next support level is, I don't know it but lets say it is $5.5k (made up) then you should have a buy order there as well, now you are still not in profit but at least you are doing better than just holding. Same type of idea works out well for going up as well but the reverse version.

Patience could have a big role in that position but somehow, some never think.it was helpful and insisted that they are right. I understand how stressful for us with the market like this but if you can manage it perfectly, it all be fine and run smoothly.

Theres no such thing about perfect management specially we are dealing or fighting with price volatility.Patience would really be mainly test out yet we wont know on what would be the next price on next minute.
Decisions will depend on certain situation and sometimes intuitions do really also play a role in this investment or trading activity of ours.Handling wont be easy but due to experience and long time
engaging with volatile price then you would somewhat get used to it as further as it goes.All takes time and you should be smart.

It’s natural mate people get stress when they are their investment lose value and getting down in price so in this matter we should act wisely and don’t panic. It’s the wrong way of trading. A good trader must know if price falls it’s time to hold and if you have money try to keep holding as much as possible as the cut loss is not good for everyone.

There are numerous ways people handle the volatility of bitcoin, some diehard investors like me use the low value as an opportunity to buy more coins, whereas people who are weak of heart most of the time pull out their investments at this time. Some hodl on their coins until a stabler environment comes in. But personally, if you have money to spare. I would suggest you deposit more money in these low price events and wait until the value appreciates. It'll be a win/win. Otherwise hodl on your coins.

The volatility of prices in terms of bitcoin has always been an issue for those who are fresher in the world of cryptocurrencies. The fluctuation of price is not a problem in real. Actually it leads to the stability of the overall system because due to the rapid changes in the international market price needs to get changed after regular periods. One simple method to get over this to keep on buying and selling as well as exchanging your currency so that you can minimize your losses.

As you say trading is not an exact science and depending on who you are as a trader you can chose different strategies, the strategy that you describe can be very effective but only if you have a lot of capital to spare to keep averaging down the price at which you bought your coins and if you have the patience to hold your coins.

And very few people in the market have the skill or the natural characteristics to pull off something like that, I know that I could not, and it is the reason I sell my coins once I have decided that the position has moved too much against me.

Finding the right time to convert it to fiat is the core thing that we have to expert at, we should read the market's nature and when it will going down we instantly convert our assets to fiat. It's really hard to do because the agility of the market itself could surprice people in any way

The best strategy to handle the Bitcoin volatility is proper coin management,Trade what you can afford to lose and if you are in a region where BTC is illegal and you just trade in your region be more careful because global and regional volatility a different story.
Recently BITCOIN traded on localbitcoin IRAN around $24000 source from:
https://cointelegraph.com/news/google-trends-sees-bitcoin-iran-surge-4-500-on-safe-haven-narrative

Keep eye on the market and trade till you are on screen,Make sure to convert your BTC in stable coins like USDT,DAI to save your BTC from dumps.

But the problem here is that everyone have invested in bitcoin and they all are trading without have much knowledge that is why they do not know that what is the time for what action. A good trader never ever face any issue in his trade and he know well that how to face which direction of the price. It will be more better that all other people ho are not expert in trade have to hold for longer time they will get their profit in long term.

Many people say that you should only trade what you can afford to lose, but let’s be direct how many can afford to lose the money that he is investing? Unless you are only investing a dollar or a ridiculous low amount of money you cannot really afford to lose it.

The reason you are willing to take the risk is because you think it is going to be worth for you and you will earn money since no one enters the market with the mentality that you are going to lose, so you need to find other ways to deal with the volatility and the best solution available is to use money management skills to do so.

What if the price bumps in overnight like its happening for the last 48 hours or something we will lose the profits right.Saving the capital is good but taking the risks for making more profits is the mart choice so convert your profits into stable coins and let the capital as volatile coins like bitcoin,if price bumps then its your day.

Have proper stop losses in place.
According to the market you can vary the strictness. Like in highly volatile time have strict stop losses while not so during sideways market. This way you will able to achieve your profit targets but not losing much. People here do enter the trade on time but when it comes to exit, under greed or emotions, they make loss.

If you really are an expert in the day trading market you would not pose this question and hence you welt the wrath of the market trading in a short period of time i would advice you to watch the market for a month and take an analysis yourself before planning to invest money for day trading. The market for you to trade is always long term as you are not able to take the time to learn about the market. Making money is not a easy job even though the basic principles are easy and hence i would advice you to stick to long term before you learn the market movements.

Well, stop-loss trading is may help when you struggle difficulties but not exactly we all just through this kind of strategy because it never gives you profit.
The market volatility is our chance to market more gains if we can make trades at the right time. And why this volatility won't stop? Coz it depends on the buying and selling price which traders and investors have made. It will consistently change and if we go along with them, surely we don't suffer big losses. 

Day trading is very risky, although, could be very rewarding and profitable. The market will always be volatile. To minimize the risk, you can try swing trading. I have tried it for over two years now and it is better.

Stable coins are always good to hold because we don't know when the market starts fluctuating, and it will help us to hold our trading profit in a safe way, we have seen a fluctuation which is happening instead of holding them in Bitcoin it is good to convert them to stable coins. But you hold them in Bitcoins it will not help you to make profits.

Bitcoin volatility should be embraced! This article is not bad in explaining how we can profit through options trading

3 strategies to combat crypto market volatility with options trading
https://hackernoon.com/3-strategies-to-combat-crypto-market-volatility-with-options-trading-9322d710f087

It is true that we need a stable coin that can be trusted, most of the coins in the market right now cannot be trusted or not having that much liquidity and i am hoping we will get a trust able stable coin in the future from a bank or something similar and when Libra came up with their version of the coin i was skeptical but then after thinking about it and if they are able to come up with a stable coin then i could trust them than the rest of the stable coins in the market.

I think you only need to set a target in every investment that you get. If the current price is near to your target and you know that you have already a good income then it is better to cash out and if you already hit the target then get it, don't be greedy because all we know that most of the time too much greed is always cause of loss.

Stop loss saved me many times. I first heard about it in this forum then i quickly realized that it is very important to set stop loss because i don't have time to look at the chart whole day.

i personally just can't trade until i spend a long time all day, because that will only make us panic because a sudden drop is very likely to happen, so what is usually done is to make a sell order according to the profit we want at least, even though targets cannot be achieved in a day and we must be ready to be more patient

There are several ways to handle that situation, the user at which you are responding is giving you an example of how he will do that, many day traders do not like the idea of keeping their positions open if they are not watching the trading screen, so it is natural for them to convert their coins to stable coins and if that means they lose a movement that it's happening when they are sleeping then they are fine with it.

But another way that you can use to deal with that is to create a bot that trades the market while you are sleeping, that way you're not going to miss anything that happens in the market and you're going to earn profits out of every single positive movement in the market.

You do not hold the coins for too long. This is a good way .The prices of the coins are a subject of constant change. Moreover the fluctuations nowadays are occurring more speedily than before. Trading must be done with patience after all it is a slow process and you cannot make big profits in few days.

I like your strategy but if we talk about the current year then I do not think that we have to make a sell order as this is the year of halving in which it is sure that the whole year the price of bitcoin will rise. In this year we may see some drops but that will not be longer drops and will not be to too bottom while in the long term the price of bitcoin will always rise.

It is difficult perse to handle Bitcoin volatility. The only thing is not to invest any amount that will way you down in performing other financial duties. Always engage using the Stop Loss to minimize your risk and lastly follow the fundamental news to be informed about the current situation

Handling bitcoin volatility is very much easier for the traders whoever been part of the cryptocurrency websites. I have noticed the many newbies struggling with the investment when the value fluctuates in high level.
At the same time bitcoin price will take you to positive way as well. When it goes in positive way we can expect the value goes in green all the cryptocurrencies.

As the price went so unpredictable this year, I guess it will be a stable one at $8k. When you have your blockfolio with you, just look on the pattern and it was having minimal fluctuations. Though volatility still occurs, but not that worst as to compare with 2019. However, we're just at early stage for this year, we don't know yet what comes after.

You have to know in advance that cryptocurrencies are highly volatile and high risk.

Never buy more than you can afford to lose.

Don't invest all your bankroll at one time.  Keep some cash for leverage if the price moves in the wrong direction.

Your trading psychology is not enough and it is the reason why you are panicking when the price drops. Before I trade, I always planning what will I do and I also thinking the possibilities that may happen. I always setting up my stop loss before the trade in order to lessen the losses tha I can experience. The volatility of the bitcoin is too high and it is the reality that it is hard to handle.

The one I see is different since I think we will not go stable at $8k now since there are many things will happened and hyped is good that's why provably we could reach the $9k price would be reached maybe in next month. And volatility right now is quitely predictable not the same on year 2018 and 2019 which is totally questionable but let still monitor to see if we can buy more or sell for profit securing and long term gathering.

Quietly predictable? I don't think so.Yes, we can presume but we don't still know on what would be the price on next days or hours to come.
Thing here is that we can foreseen on things that might happen due to upcoming events.We can say that its a little bit hyped because of this
one but doesn't mean you can predict on where it goes.Good to look at that we do stabilize on 8k price above and hopefully this wont crash down
until on the halving day.

Yeah, in my opinion about selling orders it is fine if we become a daily trader because volatility is very high to make prices go up and down every day, this is enough to be used by traders to do scalping. In contrast to selling orders for holders, maybe they are better off holding back until halving occurs.

btw, where did you get your statement about bitcoin increase in the long run? can you give your analysis about that?

You can't protect yourself to this kind of scenario since the crpytocurrency market is a decentralized platform, however there's a thing that you can do in order to avoid wrecking your asset. It's to study how the market works, well there's no 100% that it's guaranteed however it might help lessen the lose in your account and also it might help you to analyze if the market will go bullish again this is one of the thing you can do in order to avoid the loss on the volatility of this crpytocurrency.

Well even a thorough analyzation of the market could end up in a disaster if you don't manage your funds well. Meaning, you still have to determine how much you're willing to put in. It should be an amount that you can afford to lose, of course. Something that won't have a significant effect in case worse comes to worst. I guess that's the trick for me. Be on the safe side.

Don't wait for the peak to reach,just cashout the profits when you see it,waiting too long might is the risk of day trading.

Or better stop trading at all when the price is swinging.

Bitcoin is the most volatile crypto that change price any time with number of holders and investors. According to my analyzation long term holding and trading is good as at day trading you will have to keep eyes on market and it needs whole day hard work. Volatility means price change so every trader should know about its time and nature so it helps to gain profit for long terms as in 2019 traders did not get such good news but now price is increasing so still traders are holding

While that is good advice how many people have the money necessary to try to do something like that? People always say that you should never invest in the market what you cannot afford to lose, but how many investor follows that rule? It doesn't matter how much money you have most likely the money that you are using to invest in cryptocurrencies or in any other market is a considerable part of the money that you have saved over the years.

And as such you cannot really afford to lose that money, in fact that thought doesn't even cross your mind because you are here to earn money not to lose it and because of that most people cannot really follow that advice.

All I can say is that, don't overly confidence that we can always make a good run. Hence, we can be full of optimism but we must also have to consider that is the capability of the market. The market volatility is beyond our control and only we can do it get prepared and don't get into FOMO for whatever it happens in the future.

As a trader you should be making use of stop loss to avoid losing your money while trading because if you’re not using stop loss you can end up losing a lot of money when the price goes against your expectation. Another important thing is that you should avoid trading with your emotion, seriously, that’s not good.


I once read the story of a guy that gained $10,000 from Bitcoin in 2017, he sold on September and that’s probably before the huge increase. Due to his friends holding till then they made millions, which is huge compared to the chicken change he got. So his emotions played out and he started buying Bitcoin despite the decrease in price in 2018 and that’s how he kept losing. So avoid trading with your emotion.

He did not manage his trading well and become greedy so he lost all his earning. When you get in trading you will have to notice price movement and never rely on other people for gathering knowledge. Once he won 10,0000 $ it’s natural to go the same path again for making more money but we should know when to stop,  when he saw market down in 2018 it was most important to hold and wait until it recovers.

I see Bitcoin's volatility as an opportunity for us to gain a better profit only if we know how to deal with it. Just applying the basics which is to buy low and to sell high is enough to deal with every market situation. Perfect timing is the best strategy that we could apply especially when the market's volatility is too high. Take a chance to grab the chance of buying low while the prices are still low and don't miss the opportunity of selling when the prices get better.

If you run a business I suggest that you treat volatility very seriously.

You can either hedge against volatility using a future or option. You can purchase these contracts on platforms such as Bitmex or Deribit. These derivatives will allow you to hold counter-positions to what you hold in BTC, which will cancel out any net movement in prices.

But if you're a long term holder of BTC without immediate cash flow needs, I think that you need to adopt a different attitude towards BTC volatility. Don't think of BTC in fiat terms as much as you do in BTC terms itself.

I believe that the best way to not lose everything is not to risk too much. Have other sources of currencies besides bitcoin. When the value is low, try to wait a while before selling, until you recover the value.

Expect the volatility of bitcoin and just invest only on what we can afford to lose. Also to handle this volatility is take a chance in buying at low price since we can gains when price has a sudden spike in the market. Well indeed also to diversify our investment is good so we have an option when there are sudden moves of bitcoin happen.

Indeed, volatility is the nature of crypto so expect the unexpected because thats how the market works. Be prepared for the worse and have a back up plan incase what you expect didnt happen and dont panic, better to wait for the right opportunity on when to execute your trades.

Those who are always ready for the any result and set up a back up plan for themselves never suffer in trading. Beside good plan patience is also very important. Keep your emotions away from trading. Prepare yourself for every type of result and always hope for the good. If you do not show confidence in your trade from the beginning you are never going to win.

In any case, the results of a trader in the cryptocurrency market directly depend on his level of knowledge and experience, as well as on the characteristics of his character.  Trading cryptocurrency will always carry a large share of risk, because it is not the same as trading vegetables or fruits in the market.  Although today, in the first place, cryptocurrency users are interested in the cryptocurrency market precisely because of the cryptocurrency volatility, because it is in this particular feature of the cryptocurrency that there is a possibility of a large income for investors.  I can confidently say that investors have more patience than the trader.

You can't do much if you see volatility like the one we have today. Almost 500$ decline in price and that too within 2 to 3 hours.

https://i.imgur.com/Vjwg05r.jpg
Source: CoinMarketCap

You should always consider using stop losses or shorting your position dont wait for a massive correction, once you've gained profit from your trade have an exit plan to liquidate your money dont get to greedy. Finally dont get to emotional, i've seen some traders who are experience in this field sometimes gets rekt by getting over confident or greedy with their position and end up paying the price.

Volatility is one of the nature of Bitcoin that is why we need to consider upon making a trade. Talking with the tips, perhaps I would say that don't be greedy and don't rush it all. If you saw Bitcoins dump right now, just wait because Bitcoin will eventually rise. But if you can't handle the Bitcoin's volatility I would recommend for you to go in long-term investment.

I believe that operating with high volatility and doing it well is an art, one of the advantages that can be obtained from volatility is, as it says before, doing long-term operations, for me the reason is simple, it gives me more time to react against to aggressive market movements caused by volatility.

I think it is a great point to consider, while short-term trade considering volatility is much harder to react to movements. Many feel that adrenaline runs through their veins when they do Scalping mode trading, it is really an art to do it and leave with a positive balance.

Of course everything changes if the focus is on investment, since it requires time and patience to wait for the profit.

I consider volatility as an advantage. Think of what will happen to our trades when the market going straight high or even going down, Does it helps us to become profitable? Not for sure but volatility made it great. Often time we have market fluctuation and the good thing is that we are able to buy at a low price and sell at high. Handling volatility isn't difficult if we are always preferred to it.

That is a terrible story, and I am not talking just about the fact that he sold his coins before we saw the huge increase at the end of the year, that is bad in itself, the truly sad part is that after he made that mistake he didn't have any strategy to come back to the market and buy bitcoin again and capture most of those gains.

And then after those two mistakes he made an additional mistake by buying bitcoin during 2018 when the only thing that bitcoin did during that year was to go down losing any profits that he had, I have no problems admitting that I held my bitcoin during all of that time frame and I also earned and lost money because of it but at least I did not took an emotional response and instead began to study the markets.

That's the point and advantage of being volatility, you can take advantage of it that I don't why people can't see this as an opportunity, they are just after the pump and dump, don't want to take risk in taking short trading. But still be careful, you need to learn and study the market well before doing short term or day trading.

to avoid the sudden movement of bitcoin, you must first understand trend lines, because that is the main basis for knowing bitcoin movements,
after understanding that you have to put a stop lose, this is in case if the movement of bitcoin is unpredictable, so your funds remain safe.

learning from experience, as a trader when bitcoin moves suddenly, I immediately sell my altcoin, most of them have decreased by more than 10% or even reached 30%. but indeed if we are smart in reading charts it might be better. but the point is don't take risks on altcoin when bitcoin moves. but if it happens to bitcoin, I'm not too panicked if it moves suddenly, I'm sure sometimes it's just a correction and it will eventually increase higher.

Those who risk a lot in bitcoin are brave! The volatility of bitcoin is a sign that it is risky. Many people will lose their capital when they engaged with bitcoin. They think that it is good to buy that time but they are wrong. However, many people have been learned also from the past and they will not do it the same way again. Invest what we can afford, it's always been the sound but we need in to in our mind.

when bitcoin prices move fast it would be better to find a safe way, if we hold altcoin it would be better to convert it first in the form of bitcoin. maybe this is a little help to secure the funds we have, but if you understand the price chart it will be much better for us to know the price action that will occur.

its just another suggestion, but apart of volatility bitcoin knowns as high risk investment actually, so only invest amount that u can afford to lose buddy.
I once learn that investment management is crucial for this kind of thing. As i know i only use my free money when i buy bitcoin regardless what condition ( bull or bear ), but i prefer bought it when it get low as my analyst based on price action. When it passed my point of buy i started to count when to stop loss for it. then buy again when i though it times to buy again. u know SNR thing.

The huge volatility is just a reality of this market that will most likely never disappear, the issue is if you can take advantage of it or not, for those that can then the volatility can be a great way to make a lot of money really easily.

But those people are a minority, most of those that try to trade the market of cryptocurrencies do not really have what it is necessary to use volatility in their favour and in that case the volatility will play against you making you lose a huge amount of money in a short amount of time and when that happens to you it is going to be almost impossible to keep yourself in the market when you have lost so much money already.

risk management is important compared to seeing trends, because the potential for price action takes precedence over seeing trends. I also do techniques that are not much different from yours, do a price analysis then buy it when the point of buy has been reached and determine the price to sell it and also prepare a cut loss to reduce the impact of losses.