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Bitcoin => Bitcoin Discussion => Topic started by: Bitcasino.io Support on August 02, 2021, 08:40:45 AM



Title: Can you protect your Bitcoin from market volatility?
Post by: Bitcasino.io Support on August 02, 2021, 08:40:45 AM
Hi there,

Cryptocurrency has a volatile market, and there are moments when investors can expect high turnover rates and growth while others aren’t as lucky. In times like this, it’s important to be educated by learning about the ins and outs of managing your cryptocurrencies to avoid drastic changes in the market.

Frequent crypto traders know that investing their digital assets in the market comes with pros and cons. Risks cannot be avoided in any form of investment, so the best thing you can do is devise strategies on how you can protect your digital assets from the volatility of the Bitcoin market.

However, most people wonder if it’s even possible to protect your Bitcoin or other assets from crypto market volatility. You may not be able to avoid it entirely but you can take several measures to lessen its impact on your hard-earned investments.

Tips to protect your Bitcoin from market volatility

Seasoned traders are able to distinguish good investment options from bad ones. However, this ability comes from experience and research. To make the most of your investment, here are some steps you can make to protect your Bitcoin from market volatility:

Personal research and education

Before starting, do your own research and educate yourself on the process of how to invest in crypto. This is especially important for first-time investors and beginners in the world of digital assets. Get an idea of how the market works first and familiarise yourself. The more you know about the market, the more you can make informed decisions on what will benefit your investments.

Read articles online, watch informative videos on YouTube or enlist the help of your friends and family who also invest in crypto. Knowledge is power in this volatile market, and to become adept in both crypto trading and investing, you will need the dedication to find the right information to make the right decisions.

Manage your money

Now that you have an idea of how the crypto market works, you will have to learn how to manage your funds well. Be sure to keep track of your money and have a record of everything you do such as transactions and losses and profits while trading. Managing your money and keeping track of it is an excellent way to protect it from market volatility.

To help you out, you can get tracking apps or platforms to provide assistance. Some of these apps include Blockfolio, Altpocket and CoinTracking. Utilise these tools to manage your investments and get an edge on the market.

Watch the market trends closely

This tip goes hand in hand with managing your money. While keeping track of your funds, be sure to monitor the market trends as well and understand how they move. Check to see if certain patterns affect the market trends and how they relate to the strategies you’re using for your investments.
When your digital assets ascend, descend or stay in a linear position, traders need to be on high alert for what happens next. Some people set reminders to check their funds at least every other day or once a week at most. You can also read about the crypto market and familiarise yourself with the trends, no matter how new or old they are.

Build a good portfolio

An investment portfolio is a collection of data that holds all of your investments and transactions online. You can think of it as putting all data of your cryptocurrencies in one space. If you ever want to look back on some of your previous trades, you can do so in an organised manner by having a good portfolio.
The benefits of having a portfolio go beyond something as simple as collation. You can use it on your own or enlist the help of professionals like fund managers and financial experts. A portfolio will show the pattern of your trading habits and help the experts make an informed decision to improve your trading experience.

Cautious yet streetwise trading

As previously mentioned, the volatility of the crypto market cannot be predicted accurately. You can rely on certain articles or the advice of experts, but you need to have your own trading style as well. To succeed in the crypto market, you have to know when to invest carefully and when to take risks. Always think twice before making a decision.

Think practical and your investments should follow afterwards. You can implement smart trading by learning the ins and outs of the market, doing your personal research and making decisions based on logical reasons instead of just hopping on the bandwagon.

Be open-minded while trading

When investing or trading, don’t be afraid to take certain risks. Try to be open-minded and seek out new trends and strategies that other traders are trying. For example, more people nowadays are looking to try day trading, which is buying and selling digital assets within 24 hours to make a quick profit. There are also other strategies like swing trading and scalping.

Although it seems like the best and safest decision is to stick with your routine, it won’t work forever. If the Bitcoin market is volatile, you should be able to adapt and change with the market to avoid falling victim to volatility and losing your funds.

Thanks for reading and you’re welcome to share your thoughts and tips.

Cheers,
Karl


Source: Bitcasino blog


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Jawhead999 on August 02, 2021, 09:18:29 AM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Bttzed03 on August 02, 2021, 09:40:04 AM
Get in early on projects YOU think have long-term potential. That takes a lot of research and it's going to involve a lot of luck too but it will be rewarding if you get it right. Another way is to buy coins on a bear market (again, these projects must be long-term).

In both instances, you won't have to worry about price volatility because you bought them at an extremely low price.

Exchange to stable coin
My first thought when I read the title.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: KevinRosa on August 02, 2021, 09:51:52 AM

This problem is inevitable, and there are two solutions.

1. Long-term holding plan.
2. Enjoy volatility, collect coins at low prices and increase the number.

Keep a good attitude, don't be greedy, you won't grasp every fluctuation of Bitcoin, this is a thing that requires patience. In addition to the above two points, you also need to recharge faith.



Title: Re: Can you protect your Bitcoin from market volatility?
Post by: OcTradism on August 02, 2021, 09:59:44 AM
- Follow big brains like PlanB, WillyWoo, Glassnode on Twitter.
- Build up your plan as long term, not short term.
- Make investment, not gamble, not trade, and if you trade, let's choose Spot trading rather than Future or Margin tradings.
- If you don't trade, move your Bitcoin from exchanges to non custodial wallets.
Because when you move your coins to your wallets, you will have full control, with private key, password, etc.
You will spend less time to watch chart and the less time you watch chart, the less emotion you have.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Chato1977 on August 02, 2021, 10:52:25 AM
Its always great to see a thread started with sense by a OP that runs casino and not talking anything about gambling at all this is a rare occasion to see lol.

Thank you @Karl for this worth a read thread and will take note every details you mentioned though i have been using some of them but will add others for my own safeties.

and most of all the very important thing that my mind and heart keeps on telling me?


" NEVER TO BECOME GREEDY" and this is what i am using as reminder for my crypto investing.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: joniboini on August 02, 2021, 11:01:02 AM
Just keep in mind that those traders' tweets are not gospel. Some of them make tweets so they can take profits from their open position, so you're just being "dumped on" sometimes. For news and stuff like that, it might be okay, but don't follow their call blindly.

If you're short-term traders, use the volatility for your own benefit instead. It's also meaningless if you keep trying to avoid volatility since there's no asset that's free from it. Even stable coin rates are not that "stable".


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Cryptmuster on August 02, 2021, 11:22:00 AM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

Bitcoin also has a tendency to fall in price, so this cannot be a solution to the problem. 1% per day is a very good result, I think very few people can boast of such a stable result over a long period of time.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: noorman0 on August 02, 2021, 11:52:43 AM
Literally bitcoin has a value of volatility as a nature, it will carry over and be unavoidable. By following OP's advice which leads to trading, one does not aim to protect bitcoin from volatility as it preserves active trades. It's also a clear risk of bitcoins depreciating when it actually losing the "buy back" momentum. In my opinion, the way to counter bitcoin volatility is to ignore it. That is, what you are fighting against is your own desire to trade (realize the volatility).


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: arwin100 on August 02, 2021, 11:57:58 AM
Well as bitcoin is so volatile for now we cannot protect our assets if we leave it hanging on exchange but if we choose to exchange it on any available stable coin around while the market is collapsing then from that we can save our bitcoins from falling and also by doing that securing on stable coins we can also do buy backs once we see a dip which is the end point of that storm. But if you are a bag holder then maybe its kinda not painful option to hold since maybe in next 4 years you can harvest your coins once bitcoin pump up and reach 6 digits or maybe even more.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: michellee on August 02, 2021, 12:08:38 PM
If you want to protect your bitcoin from market volatility, you just need to hold it and do not take a look at the market because that can make you confuse and sad if you see the price moves to a low price than the price you bought. But if you want to protect your fiat money value, you can sell your bitcoin every time the bitcoin price increase and buy back more bitcoin when the price is down deeper. By doing that, I am sure you can protect your fiat money from reducing the value because of the volatility. At the same time, you can also increase your fiat money and bitcoin amount because you can sell and make a profit in fiat money while you can buy back more bitcoin with that money.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Obito on August 02, 2021, 12:34:49 PM
Yes you can protect your bitcoin from market volatility, one way that I can think of that you can protect your bitcoin from volatility is by hodling, it doesn't avoid the dumps but at the same time you will still have the bitcoin even if the prices are down. Plus, volatility is unavoidable to bitcoin so it's not like it's something that you should actively avoid if you aren't an active trader.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: awik p on August 02, 2021, 01:19:17 PM
Bitcoin price fluctuations are something natural, because they are formed from the law of supply and demand, with different people's thoughts and views on the market, so there are traders who sell and buy, resulting in a green or red candle. if we hold bitcoin, then the amount will remain the same, only the value fluctuates. bitcoin is not a stable coin, if that happens, I don't think there is anything special about bitcoin, and speculators I don't think are interested in coming, because they certainly can't make a profit


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: electronicash on August 02, 2021, 01:28:43 PM

every trader rely to stablecoin when they see the price is getting too huge because they alsk knew price will drop soon. its always the stablecoin as the go to cryptocurrency whenever its about to pop.

holding is a not a good idea. somehos it crosses my mind to go for POS token but their value also drops when bears rule the market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: LFC_Bitcoin on August 02, 2021, 01:53:30 PM
The best thing you can do is see bitcoin as a long term investment. Don’t expect quick profits because it’s still an immature, new market & can be highly volatile. Nobody who HODL’s for 4+ years ever lost money so my advice is is to buy regularly but don’t obsess about price. Bitcoin is one of the best investments around if you are able to hold medium to long term.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: avikz on August 02, 2021, 02:09:13 PM
There is actually no way to protect our bitcoins from the market volatility, in literal sense! But keeping an eye on the market ups and downs, can bring enormous opportunities that people don't always realize. When the market is actually trading at a lowest price range, people fear that the market will go down further so they don't buy. But when the market shows an upward trend, they all rush to buy in when half of the potential profit is already gone. That's the loosers mindset.

People with winner's mindset, enter at the lowest price range and book profit at the peak. Every volatility is an opportunity!


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: BOAEDAN on August 02, 2021, 02:16:38 PM
if we want to protect our bitcoins from the market, maybe a simple step we have to do is, to always hold our bitcoins, don't be easily provoked by market prices, at least we have to hold our bitcoins for more than 2 years, so we can take profits in the market. future..


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Cvetik56 on August 02, 2021, 02:23:02 PM
You can't protect BTC form volatility. But you can protect yourself from it. Invest only what you can afford, invest on the dips, make research and stay calm.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: dkbit98 on August 02, 2021, 06:00:20 PM
Why would we need to protect from volatility if volatility is working in out favor long term?
Sure, if you are a regular everyday crypto trader you need to follow all the news, charts and be constantly under pressure for making some profit, and it is almosut guaranteed that you will lose money at some point.
What we need protection from is governments, broken monetary system and fiat currencies that are gradually losing value every day.
Bitcoin is best protection we have for that.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: isaac_clarke22 on August 02, 2021, 07:59:27 PM
~
...and why protect ourselves in volatility if it can't be controlled in the first place? :D
Risk and the volatility in the market when we invest is only manageable, but not able to be eliminated for obvious reason that the market is decentralized.

Trading is just one way to manage through the volatility. People could just go and stop loss through it.
Another one I could think of in trading is that one could also just trade their Bitcoins with stablecoins for obvious reasons, but I wouldn't advise people hodling their stablecoins as it capable of being frozen.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Macadonian on August 02, 2021, 08:12:22 PM
Why would we need to protect from volatility if volatility is working in out favor long term?
Sure, if you are a regular everyday crypto trader you need to follow all the news, charts and be constantly under pressure for making some profit, and it is almosut guaranteed that you will lose money at some point.
What we need protection from is governments, broken monetary system and fiat currencies that are gradually losing value every day.
Bitcoin is best protection we have for that.

The long term is not guaranteed and if you are working on the assumption that Bitcoin will continue going up then you are going to lose a lot of money at some point. Everything has a limit to how much it is worth.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: sheenshane on August 02, 2021, 11:59:40 PM
You forgot to include this, HODL, and aim profit target.

This is the smartest way to protect your Bitcoin during volatility and hold for a long period of time.  We know how volatility works and it's good for storing your Bitcoin for a long period of time. Just HODL and you will be fine.

And I tend to agree with the manage your money, invest that you can afford to hold, and wait for a long time so that you will never think of withdrawing from your portfolio.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: maxreish on August 03, 2021, 12:13:36 AM
If we are talking about the security we cant definitely protect it from market's volatility. But, there is a way to lessen the risk, converting your coins into stable coins to at least being safe from unstable market. If there is a sudden massive drop, you can still be able to save up your coins by converting to USDT or TETHER.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Darker45 on August 03, 2021, 01:14:56 AM
I once was a fan of using USDT to avoid too much volatility. There was a time when I preferred to trade BTC:USDT more than any other pairs. However, it was really hard to catch the perfect timing. I even ended up having more USDT than BTC in my exchange wallet. Converting BTC to USDT with the hope that you could buy back at a cheaper price could only get you stuck, but playing BTC with altcoins is even worse. The unpredictability of Bitcoin's price made me chose to HODL and avoid confronting volatility on a daily basis. 


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: AniviaBtc on August 03, 2021, 04:00:19 AM
You can prevent your money from liquidating when you're just storing it and not making transactions with it in the market.

A holder will always have his money only in his wallet and he will not lose and make any amount when he's just holding it for too long.

You can somehow protect your assets from scammers, hackers, and other risks, but not in volatility in the market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: ipanks on August 03, 2021, 10:46:49 AM
I prefer to hold my bitcoin from the market volatility and I do not enter the market. That will be better for me to avoid feeling afraid of the price. People can also not even think about how the price will move later because their reason to hold bitcoin is a long-term investment. If you can see what happens to the early adopter who has a lot of bitcoin in their wallet not selling their bitcoin at down, they will hold it until they see the price reach their target price. If you see the price is down, especially down deeper, that will be your chance to buy more bitcoin and use it as your investment. In the future, you will see your bitcoin value will increase sharply so you can sell it and get your money back.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Tahsin Kabir Kollol on August 03, 2021, 12:22:13 PM
You can convert your bitcoin to a stable coin may be a forward response to shield from instability and just exchange with some part of your cash to forestall enormous misfortune. Instability is the reason why individuals are exchanging with Bitcoin since they get an opportunity to make a decent amount of cash instead of other exchanging resources. On the other hand, you can increase the amount of your bitcoin by repurchasing by reviewing the positive market movement through market analysis.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: KennyR on August 03, 2021, 12:34:11 PM
Being active on the market could help us protect our bitcoin from market volatility. Volatile feature of bitcoin can't be controlled by anyone at any form of speculation or manipulation. Everything happens based on the demand to the supply along with the positive and negative things taking place associated with bitcoin.

I haven't experimented it, but there is more chance of protecting your bitcoin through continuous involvement into cryptocurrency trading. Because if you're active in the market automatically you'll get to know when to sell and when to buy. Maybe at times things won't happen as we predict. Somehow the loss can be limited at some occasions.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: cheezcarls on August 03, 2021, 12:54:37 PM
In my own opinion, I would convert it to USDT or any other stablecoin to manage my risks when Bitcoin is subject to volatility. As the market is very unpredictable, we may not know when will the price go up or down and it happens without warning. Risk management is still necessary because Bitcoin and other cryptocurrencies (except stablecoins) are simply subject to volatility.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Sir Legend on August 03, 2021, 03:12:28 PM
Why would we need to protect from volatility if volatility is working in out favor long term?
Sure, if you are a regular everyday crypto trader you need to follow all the news, charts and be constantly under pressure for making some profit, and it is almosut guaranteed that you will lose money at some point.
What we need protection from is governments, broken monetary system and fiat currencies that are gradually losing value every day.
Bitcoin is best protection we have for that.

The long term is not guaranteed and if you are working on the assumption that Bitcoin will continue going up then you are going to lose a lot of money at some point. Everything has a limit to how much it is worth.

The long term is only effective if we have strong finances, most people are not patient when they see bitcoin's rise so they immediately sell, after the price continues to rise then they buy again and panic when the price drops so that the end result is a loss.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: sapnu on August 03, 2021, 03:36:35 PM
When it comes to protect your bitcoin from volatility, as to what has been mentioned, there are a lot of ways you could use to achieve it. Nevertheless, just by having the fact that bitcoin's value is volatile and will always be changing, we all know we have no choice left but to strategize upon making actions wherein we can reduce the harm that the volatility brings to our investment. At some point, we cannot really protect it from volatility hence we can keep on holding and regain our losses once the price returns to its stable price or even exceed which will give us benefits.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: DarkDays on August 03, 2021, 03:41:38 PM
You forgot to include this, HODL, and aim profit target.

This is the smartest way to protect your Bitcoin during volatility and hold for a long period of time.  We know how volatility works and it's good for storing your Bitcoin for a long period of time. Just HODL and you will be fine.
HODL is the long-term strategy to get protection against volatility, though for more temporary strategy converting to stable which you can then earn a nice APY on is by far more attractive.

Which approach you take, of course, depends on your goals and if your risk appetite but unlike holding fiat in a bank which will erode away by inflation with crypto owners can take a much more active approach which is 10x better.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Macadonian on August 03, 2021, 03:44:16 PM
Why would we need to protect from volatility if volatility is working in out favor long term?
Sure, if you are a regular everyday crypto trader you need to follow all the news, charts and be constantly under pressure for making some profit, and it is almosut guaranteed that you will lose money at some point.
What we need protection from is governments, broken monetary system and fiat currencies that are gradually losing value every day.
Bitcoin is best protection we have for that.

The long term is not guaranteed and if you are working on the assumption that Bitcoin will continue going up then you are going to lose a lot of money at some point. Everything has a limit to how much it is worth.

The long term is only effective if we have strong finances, most people are not patient when they see bitcoin's rise so they immediately sell, after the price continues to rise then they buy again and panic when the price drops so that the end result is a loss.
This is called trading and can be more profitable in the future if you are good at trading at the right times but most people are not and end up losing a lot of money but if you can trade with profit then it makes more sense than holding Bitcoin it is just more risky.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kakmakr on August 03, 2021, 03:53:29 PM
I once was a fan of using USDT to avoid too much volatility. There was a time when I preferred to trade BTC:USDT more than any other pairs. However, it was really hard to catch the perfect timing. I even ended up having more USDT than BTC in my exchange wallet. Converting BTC to USDT with the hope that you could buy back at a cheaper price could only get you stuck, but playing BTC with altcoins is even worse. The unpredictability of Bitcoin's price made me chose to HODL and avoid confronting volatility on a daily basis. 

Yea, I also tried that strategy .... by switching to USDT when all sighs show that there are going to be a big drop (recovery) in the Bitcoin price.. but that can be costly, if you cannot turn your USDT into BTC in time to catch the "Boom" (Sometimes this can happen in a few hours and if you are not quick enough, you miss it)

Exchanges also charge a lot of fees for the BTC:USDT and then again for the USDT:BTC switch ... so the price jump must cover those fees too, to make it profitable.  :(  The best strategy will always be to HODL and to hope for the best, if your primary goal is profits.  ::)


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Darker45 on August 04, 2021, 02:58:28 AM
I once was a fan of using USDT to avoid too much volatility. There was a time when I preferred to trade BTC:USDT more than any other pairs. However, it was really hard to catch the perfect timing. I even ended up having more USDT than BTC in my exchange wallet. Converting BTC to USDT with the hope that you could buy back at a cheaper price could only get you stuck, but playing BTC with altcoins is even worse. The unpredictability of Bitcoin's price made me chose to HODL and avoid confronting volatility on a daily basis. 

Yea, I also tried that strategy .... by switching to USDT when all sighs show that there are going to be a big drop (recovery) in the Bitcoin price.. but that can be costly, if you cannot turn your USDT into BTC in time to catch the "Boom" (Sometimes this can happen in a few hours and if you are not quick enough, you miss it)

The big problem is that we often read the signs wrong. In the middle of a price rally, for example, we begin to create BTC sell orders for USDT thinking that a correction would take place very soon. And when the price continued to fly, sell orders are created one after another, even draining our BTC down to the last Satoshi. Alas, the price didn't fall. Buy back never happened. We're stuck with USDT.

This actually happened to me around this time last year when, after being used to BTC's 4-digit price for quite a long time, it suddenly breached $10,000. I started to convert BTC to USDT, thinking of temporarily parking my funds there for the cheaper days. The price went on to $11,000, $13,000, $15,000, and so on. As we all know, a few more months later within that same year, the price went past way above $20,000, and on to $60,000 the following quarter.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Xinarae* on August 04, 2021, 03:15:08 AM
There are many ways you can protect your bitcoin from market volatility it is difficult to understand the exact situation as the market is not stable. It is possible to reduce losses by analyzing the market before investing investors who have a hard time with discipline will be able to use stop loss and take profit orders all major exchanges offer them. Unfortunately both good and bad things end at one point before you start your business depending on how much you want to lose or how much profit you are aiming for that's why it's important to invest in discipline.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: 19Nov16 on August 04, 2021, 04:35:43 AM
I really gained more knowledge through this article and I will simply add that to protect yourself hold your coin and don't panic to sell at any period of time during any volatility period.


After we read more about the opinion on this forum, of course make us smarter. This also makes me optimistic to hold bitcoin even though I once bought around $650 bitcoin at a price of $ 52k, I do not panic even though the current price is only $ 37k.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: davis196 on August 04, 2021, 04:48:32 AM
I'm confused.Your thread title is about keeping your Bitcoins from price volatility,but your forum post is about cryptocurrency trading in general.I don't think that keeping your BTC from price volatility and cryptocurrency trading are exactly the same thing.Crypto trading is more about profiting from price volatility,rather than keeping your coins safe from unexpected price movements.
Selling your BTC for stablecoins or fiat is the only option to keep your BTC from volatiltiy.Diversifying your portfolio by buying lots of altcoins and tokens is not a good option,because their prices are volatile as well,and most of them follow the Bitcoin price trend anyway.



Title: Re: Can you protect your Bitcoin from market volatility?
Post by: ethereumhunter on August 04, 2021, 05:02:35 AM
I really gained more knowledge through this article and I will simply add that to protect yourself hold your coin and don't panic to sell at any period of time during any volatility period.


After we read more about the opinion on this forum, of course make us smarter. This also makes me optimistic to hold bitcoin even though I once bought around $650 bitcoin at a price of $ 52k, I do not panic even though the current price is only $ 37k.
Both of you do the right thing to hold your bitcoin and not panic because the price is down. Every time the bitcoin price is down that will be your chance to buy more bitcoin and still hold with the other amount. The price will be back to $52k but we need to enjoy the market now because the price will increase later. There will be time for bitcoin to rise and it will come soon.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: rodskee on August 04, 2021, 05:49:15 AM
Hi there,


Personal research and education

Before starting, do your own research and educate yourself on the process of how to invest in crypto. This is especially important for first-time investors and beginners in the world of digital assets. Get an idea of how the market works first and familiarise yourself. The more you know about the market, the more you can make informed decisions on what will benefit your investments.

Read articles online, watch informative videos on YouTube or enlist the help of your friends and family who also invest in crypto. Knowledge is power in this volatile market, and to become adept in both crypto trading and investing, you will need the dedication to find the right information to make the right decisions.
Practically wiser to have this , never invest in anything that you don't make deep research and studies because this will lead to losses and also becoming more stupid in all areas of investing.

Quote
Manage your money

Now that you have an idea of how the crypto market works, you will have to learn how to manage your funds well. Be sure to keep track of your money and have a record of everything you do such as transactions and losses and profits while trading. Managing your money and keeping track of it is an excellent way to protect it from market volatility.

To help you out, you can get tracking apps or platforms to provide assistance. Some of these apps include Blockfolio, Altpocket and CoinTracking. Utilise these tools to manage your investments and get an edge on the market.
Try to seek help from expert friends in this matter , because money management is not that easy when talking about to invest specially in volatile market like crypto.

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Watch the market trends closely

This tip goes hand in hand with managing your money. While keeping track of your funds, be sure to monitor the market trends as well and understand how they move. Check to see if certain patterns affect the market trends and how they relate to the strategies you’re using for your investments.
When your digital assets ascend, descend or stay in a linear position, traders need to be on high alert for what happens next. Some people set reminders to check their funds at least every other day or once a week at most. You can also read about the crypto market and familiarise yourself with the trends, no matter how new or old they are.
in this i have no definite time because my busy schedule and lack of time .

Quote
Build a good portfolio

An investment portfolio is a collection of data that holds all of your investments and transactions online. You can think of it as putting all data of your cryptocurrencies in one space. If you ever want to look back on some of your previous trades, you can do so in an organised manner by having a good portfolio.
The benefits of having a portfolio go beyond something as simple as collation. You can use it on your own or enlist the help of professionals like fund managers and financial experts. A portfolio will show the pattern of your trading habits and help the experts make an informed decision to improve your trading experience.
i already has years ago, though i usually changed the fillings from time to time aside from bitcoin.
Quote

Cheers,
Karl


Source: Bitcasino blog
Thanks for this @karl , you really brings great thread everytime you posted outside  gambling section .

Long live Bitcasino.io team .


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: marine4u on August 04, 2021, 05:58:03 AM
Bitcoin will die if it loses its volatility.  That's the only thing that never goes away in the crypto space.  The only way for me to protect bitcoin against the effects of high volatility is to learn how to improve my psychology, fight panic spawning in my mind, learn to trust and be loyal.  I don't trade spots, no margin,... my opinion is Hold til profit.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Zilon on August 04, 2021, 07:15:35 AM
Building good portfolios and money management limits losses a who lot. Going into an investment without prior knowledge is like gambling with your funds and it's important to note that crypto isn't just like your general gambling where you risk with very little amount in crypto you will want to risk with tangible amount.

I will like to add this keep a track record of why a project you invested in succeeded and why it failed this will help you for future investment. Ensure each investment no matter the turn out teaches you a better way of investing and always risk what you can afford to lose.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Liamttw on August 04, 2021, 07:18:40 AM
Bitcoin price fluctuations are inevitable, but there are some ways to reduce the impact from him.
  • Develop a long-term holding plan, not a short-term transaction. Hold it for a long time when you buy it. Don't always watch the market trend, because if you see the price lower than the price you bought or the market price keeps falling, it will make you panic and sad.
  • Due to the unstable price of the Bitcoin market, it is difficult to predict the future price. Loss can be reduced by analyzing market trends, and then stop loss and profit in time.
  • Be optimistic about the Bitcoin market and don't panic about price changes and sell Bitcoin. Don't be afraid to take certain risks when investing or trading.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: kryptqnick on August 04, 2021, 08:16:37 AM
Thanks for a good article on coping with crypto volatility! Educating oneself is indeed very important, and I feel like some people skip this point completely. I've seen people investing in altcoins and ICOs who didn't even know about the existence of websites like Coingecko that allow to see the market from different perspectives, and barely knew anything about how many coins there are, and how they are doing. I'm also sure that not many people keep track of how much they lose because it's easier to forget and move on, but it can prove to be a fatal mistake.
Long-term holding that was mentioned in the thread is a good strategy, but only if we're talking about top altcoins. Otherwise, a person might invest in a temporarily pumped shitcoin and lose only more over the years because the coin is never getting pumped again.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Ararbermas on August 04, 2021, 11:56:46 AM
To make the story short, enough knowledge is the most important to protect our money from volatility of the market, not because you learn something and you gained information you will dive in immediately because for you its enough.. Nope it's a big mistake!. Infact that's the reason why mostly people who ride with their greediness always experience massive losses.. Always remember to dont make all the things rush when it comes trading or investing because it really required enough knowledge in order to prevent risky situation and losses.. Make research always because that's the only key..


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: adzino on August 04, 2021, 03:40:30 PM
The suggestions that you provided are easy to give, but hard to follow. Few of them sounds wrong too. I am against following YouTube videos. If you are new to the market, you should never do that. Most of those people just shill for shitcoins or the coins they have invested in. They get paid for it. Watching the market trend also doesn't help. The crypto market is very unpredictable. Sometimes the exact opposite of what you think might happen. The only way to protect yourself from volatility is through long term holding.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Silberman on August 04, 2021, 05:02:52 PM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.
To this I will add that volatility only plays against you if you do not know what you are doing, if you are a good trader and you know exactly what you're doing then volatility is precisely what you need in order to make money in any market, after all how are you going to make profits with an asset if such an asset is not moving at all? You need the volatility to make money which is why this market is so popular with speculators as the profits that you can get in it are way better than what you can get in any other market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Imran232 on August 04, 2021, 05:15:13 PM

..............................

Source: Bitcasino blog

You all point are valid and i also aggreed to your point. Actually there has a thing to aggreed with your point Because your thought is similar to one of my favourite crypto influencer. I am still new though i am in this industry since 2017. He always guide me as a brother not as a stranger. According to him buy the rumours, sell the news. So we know because of volatile in bitcoin its really tough to stay in bitcoin for short term investors because they want profit regularly. But its not a problem for long term holder and there is only sone people are aggreed for long term because everyone has need of money so they want profit. So you have all those valid point we have to learn first, then learn how to research then attempt your research into Reality if you got result do more research. Take profit when your research say its time to take entry again then do it. It means a same thing what that influencer told us buy the rumers, sell the news.


And thanks again because you made it in details and i got some extra information too.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Mamun74 on August 04, 2021, 05:26:20 PM
I think, Everyone is know bitcoin is long term investment. Why you need to so quickly? When you are new to the market they you don't  do this.So If you are a experience trader Then you also know what should you do.It's difficult to market volatility to know exact situation. 


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: LUCKMCFLY on August 04, 2021, 10:09:28 PM
Everything lies in knowing what types of investment you want to enter, when talking about BTC it is a safe investment, when we see that it can be diversified it is an option that many want to do but do not have the knowledge to do it, either fundamentally and technical. The opinion of the experts is valid, the advice of the articles as well, but the style of operator that he is must be taken into account, if he is a market speculator or if he is an investor. Many investors when they confirm the bullish trend of BTC, when BTC makes a correction they take advantage of buying alts because they know that it can give x2, x3, x4 ...
Of course all these movements are made because experience in the markets has shown it, everyone has their own style for trading and investments.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: lalabotax on August 04, 2021, 10:55:56 PM
Protecting our assets especially bitcoin is very important. And of course, it is also important to be ready with the risks before investing in Bitcoin. That is why we need knowledge and education about this at first.
And probably other things to consider to protect our assets besides those all are about self-management of emotion. This is very determining me when trading. Once I cannot manage my self emotion while trading, I really seems like being lost every time being panic or also afraid to take a decision at the moment.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Mr.sprin on August 05, 2021, 03:02:45 AM
Why would we need to protect from volatility if volatility is working in out favor long term?
Sure, if you are a regular everyday crypto trader you need to follow all the news, charts and be constantly under pressure for making some profit, and it is almosut guaranteed that you will lose money at some point.
What we need protection from is governments, broken monetary system and fiat currencies that are gradually losing value every day.
Bitcoin is best protection we have for that.

The long term is not guaranteed and if you are working on the assumption that Bitcoin will continue going up then you are going to lose a lot of money at some point. Everything has a limit to how much it is worth.
Looking back two years if you bought bitcoin in 2018 and had patience for 2 years I'm sure you are a millionaire today is this not enough to convince you with long-term hold, your opinion of storing in the long term is not guaranteed to apply to alcoins it doesn't even apply for alcoins that have potential such as coin eth, especially in bitcoin, your opinion is clearly wrong.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Charot12345 on August 05, 2021, 03:28:08 AM
Well what you said is very helpful to everyone to the beginners and also to those who already have experiences. By following your recommended tips mentioned above it can really lessen the risk of losing to much and rising the percentage of getting successful.
The best and first thing to to do when you go inside the wolrd of bitcoin and cryptocurrencies you need to accumulate knowledge, to study, read and read and seek advices to make a wise decisions in the future and makes volatility your advantage. It is the weapon you can use to protect your bitoin against the volatility.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Shasha80 on August 05, 2021, 03:50:34 AM
Well what you said is very helpful to everyone to the beginners and also to those who already have experiences. By following your recommended tips mentioned above it can really lessen the risk of losing to much and rising the percentage of getting successful.
The best and first thing to to do when you go inside the wolrd of bitcoin and cryptocurrencies you need to accumulate knowledge, to study, read and read and seek advices to make a wise decisions in the future and makes volatility your advantage. It is the weapon you can use to protect your bitoin against the volatility.

After I have been around 5 years in the crypto world, I agree that the best way to protect the Bitcoin we have is knowledge. Without knowledge of
the crypto world, we will make the wrong decisions in the face of a very volatile market. Therefore, many investors have lost their Bitcoins, because
they panicked about volatile Bitcoin price movements. But by having knowledge, we come to know how the crypto world works. That's the way to
protect our Bitcoin from a volatile market. We understand when to enter the market and when to leave the market. Therefore, never stop learning,
because gathering knowledge can make us wise and right in making decisions.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Robinson66 on August 05, 2021, 09:04:22 AM
I will have a fixed fund investment valuable long-term coin, I will spend money to invest in the memecoins, because this currency risk is relatively high, the return is also very high, but should pay attention to the time of admission, otherwise, I may lose my own funds. .
I have an advantage, I think it is: If I have a loss, I will talk to my family and friends, I will not use emotional investment, I will find the experience of failure, I think this is very important.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kusman on August 05, 2021, 01:57:23 PM
These are good advices that you have given. But is it really possible to protect all of our coins from the market volatility? I don't think that such thing is ever possible. We must be very lucky to make it. Because nobody knows what can happen in this market in the future. But if we are aware of what to do, we can decrease the money we lose at least.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: worldofcoins on August 05, 2021, 04:06:04 PM
All those points are quite good but I doubt most of the people do that and there are various reasons but explaining them in detail might be derailing from the topic.

I don't think Bitcoin can be protected from the market volatility after it's the market where the Bitcoin is sold and people majority of people doing technical analysis will target similar trade which causes certain swings in the Price of bitcoin till some whale decides to jump in and change that either by buying or selling.

It's somewhat similar to the theory "Small things revolve around big ones" in a sense that Whales can control the price of bitcoin mostly in short term.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: ivankoh on August 05, 2021, 05:03:16 PM
Why, my thinking is the opposite.  Volatility is bitcoin's biggest draw compared to the rest.  Everything revolves around bitcoin.  Volatility creates a great return on investment.  If bitcoin loses its inherent volatility, risk, I would rather go with gold or forex.  Lol, practice risk management and increase your reserves somehow.  Don't look at the dollar value in the basket of assets it will lead us astray.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: tanjiran on August 05, 2021, 07:53:40 PM
These are good advices that you have given. But is it really possible to protect all of our coins from the market volatility? I don't think that such thing is ever possible. We must be very lucky to make it. Because nobody knows what can happen in this market in the future. But if we are aware of what to do, we can decrease the money we lose at least.
we really can't handle everything, and as you said sometimes the market moves in the direction we don't predict. but at least by having basic knowledge, we will be better prepared to face risks and make good use of market fluctuations. and op has presented several ways to take advantage of price fluctuations to make a profit, including doing research, managing money well, and being open-minded. knowledge is really needed in investing, trading, and so on, so effective steps can be determined, not just relying on emotions due to fomo. let alone panic buy because it follows the trend, it's not very good.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Silberman on August 07, 2021, 05:45:12 PM
Well what you said is very helpful to everyone to the beginners and also to those who already have experiences. By following your recommended tips mentioned above it can really lessen the risk of losing to much and rising the percentage of getting successful.
The best and first thing to to do when you go inside the wolrd of bitcoin and cryptocurrencies you need to accumulate knowledge, to study, read and read and seek advices to make a wise decisions in the future and makes volatility your advantage. It is the weapon you can use to protect your bitoin against the volatility.

After I have been around 5 years in the crypto world, I agree that the best way to protect the Bitcoin we have is knowledge. Without knowledge of
the crypto world, we will make the wrong decisions in the face of a very volatile market. Therefore, many investors have lost their Bitcoins, because
they panicked about volatile Bitcoin price movements. But by having knowledge, we come to know how the crypto world works. That's the way to
protect our Bitcoin from a volatile market. We understand when to enter the market and when to leave the market. Therefore, never stop learning,
because gathering knowledge can make us wise and right in making decisions.
And despite this being the overwhelming truth many people simply refuse to learn and obtain more knowledge simply because they are lazy, they think that they can rely on someone else and use their knowledge so they can protect themselves and obtain more profits, and we know this is not the case as you do not really know what are the intentions of other people but most likely they do not have your best interests at heart, so we have no other option but to learn on our own and protect our coins that way.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: taufik123 on August 07, 2021, 07:35:16 PM
High volatility has become a characteristic of bitcoin and is indeed very risky. no one will be able to protect the bitcoins owned from the volatility that occurs. many factors cause bitcoin volatility, negative sentiment that often occurs causes bitcoin prices to tend to be unstable and forced to continue to fall, besides bitcoin volatility is also caused by a limited supply of bitcoin with increasing demand.
experts say volatility was not always as bad as it is today. Bitcoin is no longer dominated by retail investors. Investment managers and financial firms in the United States (US) have flooded the crypto market in the past year.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: sunsilk on August 07, 2021, 09:06:43 PM
Market volatile is already natural. I think no matter what happen to our bitcoin as long we not sell it then we not lose it. And honestly i think we don't need to protect our bitcoin from market volatily. Because without that, how we can made profit when in other side a lot of people want to buy bitcoin to gain profit.
It's just a suggestion and if you think that you're fine dealing with its market's volatility then you're good to hold for long term. Usually, the newbies cannot bear the volatility that bitcoin has.

They're making themselves put into negative thinking that it's not good to see bitcoin fluctuate because they're only thinking of the profit. Who doesn't think of the profit? all of us are but there's a process that everyone has to go through after investing to bitcoin.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: DoublerHunter on August 07, 2021, 09:59:16 PM
Why, my thinking is the opposite.  Volatility is bitcoin's biggest draw compared to the rest.  Everything revolves around bitcoin.  Volatility creates a great return on investment.  If bitcoin loses its inherent volatility, risk, I would rather go with gold or forex.  Lol, practice risk management and increase your reserves somehow.  Don't look at the dollar value in the basket of assets it will lead us astray.
^ That it is, the word volatility of BTC is the perfect way of making a profit, and this is what we get profit through volatility, if you don't want this, why not invest in gold and other stock that does not have volatility. The nature of BTC is to have a volatility price and most commonly it is an unpredictable price. So there is no way that you can protect your asset not unless if you decided to sell while at a lower price it means you accept blindly your losses. Somehow, the OP was right, all those said were right, there should be proper asset management and I believed as long as you don't take action and selling them, there is no loss that will happen.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Woodie on August 07, 2021, 10:00:25 PM
Good write up OP but what I see here just makes you more knowledgeable about the crypto ecosystem and kind of opens up your mind to what crypto can throw at you, and possibly makes you smarter on how you make your cryptoinvestments..
But lets talk facts, I don't think there is a way to protect yourself from market volatility if you own some bitcoin or crypto. This phenomenon  affects everyone of us and the second you choose to get into cryptocurrency that fence that you had protecting you from crypto is demolished.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: jakdanyel on August 07, 2021, 10:05:53 PM
To be honest, I also don't think that anybody can protect themselves from the market volatility fully. Because nobody can know when the price will dump or skyrocket. There is no sign for it. Some people believe in some positive or negative news about Bitcoin to affect the price. But it's not the situation anymore. Bitcoin is stronger than before. So, you can be careful until some point but after that it is about luck.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: nelson4lov on August 07, 2021, 10:11:37 PM
Maybe you can't protect your coins from market volatility but you can have them under control as much as possible. And the tips you have shared would be beneficial for people. Experienced investors know what to do better than inexperienced ones. But people who have no idea should do a detailed research before starting to invest into any cryptocurrency. Thanks to this, they can also follow the market closely.

Yeah, that's what differentiates experienced traders from those who are just starting their trading career or people with very little experience. It's the fact that, they put in the work to ensure that their trading and investment activities don't go to waste no matter the level of risks involved. One of the biggest mistakes I've seen people make especially beginners is that, they tend to skip steps when they want to start investing or trading the crypto markets. They just think that the process of doing sufficient research and due diligence is time consuming and not too important or necessary but in hindsight, it is.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: verita1 on August 07, 2021, 11:14:29 PM
For the active trader and thinking about avoiding the volatility of bitcoin, it could be the case of using the pair of stablecoins.
But bitcoin has many types of holders, there are investors who think about investing for a long time. This type of investor is the one who does not sell bitcoin, on the contrary, he buys more when the price is low.
In this case, volatility is favorable because it invites you to buy.
If you don't sell your bitcoin you don't lose, is another thought.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: gabbie2010 on August 08, 2021, 05:50:47 AM
To be honest, I also don't think that anybody can protect themselves from the market volatility fully. Because nobody can know when the price will dump or skyrocket. There is no sign for it. Some people believe in some positive or negative news about Bitcoin to affect the price. But it's not the situation anymore. Bitcoin is stronger than before. So, you can be careful until some point but after that it is about luck.
The only option to protect investors and hodlers from market volatility is to exchange their cryptocurrencies to a stable coin like USDT and BUSD however those coins would have been in exchange wallet which is not advisable, although long term hodlers might not necessarily have a feeling of price volatility, we are all aware of hacking of exchanges, on the other hand market volatility is an important and crucial tool for traders to earn profits consistently however it can equally rekt or liquidate many trader portfolio especially the inexperienced or those trading with high leverages


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: JerryKin on August 08, 2021, 04:24:38 PM
Why do you want to protect yourself from the inevitable. The volatility of Bitcoin is one of it's major peculiarities. If you want something stable and steady, bitcoin might not be the best option for you. The volatility has actually made alot of people wealthy at the same time  many became poor depending on what direction the market went.

In my opinion, You can only wisely manage your Bitcoin by knowing the perfect time for you to trade or when not to.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Silberman on August 10, 2021, 07:16:00 PM
Why, my thinking is the opposite.  Volatility is bitcoin's biggest draw compared to the rest.  Everything revolves around bitcoin.  Volatility creates a great return on investment.  If bitcoin loses its inherent volatility, risk, I would rather go with gold or forex.  Lol, practice risk management and increase your reserves somehow.  Don't look at the dollar value in the basket of assets it will lead us astray.
^ That it is, the word volatility of BTC is the perfect way of making a profit, and this is what we get profit through volatility, if you don't want this, why not invest in gold and other stock that does not have volatility. The nature of BTC is to have a volatility price and most commonly it is an unpredictable price. So there is no way that you can protect your asset not unless if you decided to sell while at a lower price it means you accept blindly your losses. Somehow, the OP was right, all those said were right, there should be proper asset management and I believed as long as you don't take action and selling them, there is no loss that will happen.
This is what a lot of people really do not get, the volatility of bitcoin can play against you if you do not know what you're doing but it can play in your favor if you do, which is why speculators love this market as bitcoin can present very extreme movements that you cannot usually see on the stock market, now that doesn't mean that I do not understand why this can be problematic for newbies but if they cannot deal with the volatility then it is better that they move to other markets before they come to this one.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: tabas on August 10, 2021, 08:18:14 PM
Why do you want to protect yourself from the inevitable. The volatility of Bitcoin is one of it's major peculiarities. If you want something stable and steady, bitcoin might not be the best option for you. The volatility has actually made alot of people wealthy at the same time  many became poor depending on what direction the market went.

In my opinion, You can only wisely manage your Bitcoin by knowing the perfect time for you to trade or when not to.
It's just a question on the title but OP has given certain points and advises on what we should for you to become at least knowledge in the market.
It is true that volatility is inevitable and that's why you need to be informed especially the newbies that are just buying bitcoin without knowing those points.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: GeorgeJohn on August 10, 2021, 08:29:42 PM
Why do you want to protect yourself from the inevitable. The volatility of Bitcoin is one of it's major peculiarities. If you want something stable and steady, bitcoin might not be the best option for you. The volatility has actually made alot of people wealthy at the same time  many became poor depending on what direction the market went.

In my opinion, You can only wisely manage your Bitcoin by knowing the perfect time for you to trade or when not to.
Yes course you can protect your bitcoin, it's obvious that bitcoin two impact or two step to adventure into, which are positive or negative, which i may likely classify as advantages and disadvantages, both the (positive and advantage )whereby you make a profit in cryptocurrency and (negative and disadvantages) are the process whereby you lose as you said, but to protect your BTC is a process know when will you sell and when to buy in order to make a profit.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: u/isoeaera on September 09, 2021, 08:00:47 AM
Bitcoin, unlike fiat, intrinsically volatile. Reason? it is limited in supply, no wonder it is called the digital Gold.To avoid massive losses, if  you are averse, consider investing in stablecoins.Also, if you are always watching the market, you can use a variety of exchangers to buy and sell your BTC to stablecoins whenever you feel jittery.For instance, if you use https://www.bestchange.com/, you can access several exchangers tat will give you the best rates in the market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Gyfts on September 09, 2021, 08:12:22 PM
If you're a day trader and that is thing, then I guess dumping into a stable coin would be the way, but it's a bit foolish to try and predict the crypto market, long term holding will guarantee a ROI if you just want to make money, and ideally, the market volatility isn't something to worry about as wider adoption would prevent large swings in the price.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Quidat on September 09, 2021, 08:21:00 PM
Why do you want to protect yourself from the inevitable. The volatility of Bitcoin is one of it's major peculiarities. If you want something stable and steady, bitcoin might not be the best option for you. The volatility has actually made alot of people wealthy at the same time  many became poor depending on what direction the market went.

In my opinion, You can only wisely manage your Bitcoin by knowing the perfect time for you to trade or when not to.
Yes course you can protect your bitcoin, it's obvious that bitcoin two impact or two step to adventure into, which are positive or negative, which i may likely classify as advantages and disadvantages, both the (positive and advantage )whereby you make a profit in cryptocurrency and (negative and disadvantages) are the process whereby you lose as you said, but to protect your BTC is a process know when will you sell and when to buy in order to make a profit.
Due to unpredictability of the market then this is something hard that you cant really able to avoid but of course as a trader then it is something a challenge for you to withstand this volatility
and make yourself sustainable despite of the current condition of the market. Yes its true that this is having its pros and cons and thats the reason on why we are here but if you dont like
volatility then this market isnt really for you and find another one which is less volatile or find on your own preference.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: TinaK on September 09, 2021, 08:56:01 PM
Why, my thinking is the opposite.  Volatility is bitcoin's biggest draw compared to the rest.  Everything revolves around bitcoin.  Volatility creates a great return on investment.  If bitcoin loses its inherent volatility, risk, I would rather go with gold or forex.  Lol, practice risk management and increase your reserves somehow.  Don't look at the dollar value in the basket of assets it will lead us astray.
^ That it is, the word volatility of BTC is the perfect way of making a profit, and this is what we get profit through volatility, if you don't want this, why not invest in gold and other stock that does not have volatility. The nature of BTC is to have a volatility price and most commonly it is an unpredictable price. So there is no way that you can protect your asset not unless if you decided to sell while at a lower price it means you accept blindly your losses. Somehow, the OP was right, all those said were right, there should be proper asset management and I believed as long as you don't take action and selling them, there is no loss that will happen.
You are right, there is proper management of our investment that can protect it from possible loss.
When there is a market crash you can hold your bitcoin and never sell it, this is how can you protect it from the volatility and many people do panic selling when they saw that the market had crashed. I think if we invested in cryptocurrency we know already this, the volatility and the risk on it, that is why only invest that you can afford to lose because that money is you can wait whatever happens to the market and also aiming a target profit will also help you to protect your asset.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kaylana on September 10, 2021, 07:04:24 AM
Because individuals are at a disadvantage in the stock of capital, information and investment knowledge, short-term investment and frequent operation are difficult to make profits. The safest way is to hold it for a long time, eat a cycle of dividends and operate it once a year or half a year.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: glendall on September 10, 2021, 01:46:51 PM
protect bitcoin from market volatility in a short way for me to change to sabelcoin coins so as not to lose too much in the event of a price drop
but there is a problem that cannot be avoided, from bitcoin trading which is clearly visible, among others, by the existence of a long-term holding plan
in my commitment to trading bitcoin not greedy and always grateful for the profits given in 1 day
.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Pulsar77 on September 10, 2021, 01:57:08 PM
Thank you for your tips but it is obvious that it is really hard for someone to protect their coins from the market volatility. Because we can't understand what Bitcoin will do exactly and when. We can just make our own analyses and abide by them. If we are lucky also, we can save our coins from a big dump and increase their value also. It is not depending on only ourselves in the end, we need some luck to gain good amount of money in this market also.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: ChiBitCTy on September 10, 2021, 02:26:18 PM
This is a pretty good write up.  You can't fully protect your bitcoin from market volatility without actually pulling your bitcoin out of the markets, which is not the same thing as "protecting your bitcoin" because if you pull out, then you're not longer in bitcoin, you're realizing a gain or a loss, and you could miss out on potential upside.  The moral of the story is to just make sure you have a well diversified participant.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Assface16678 on September 10, 2021, 03:10:24 PM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

Totally agree, it will increase your funds by a small percentage everyday and being flexible in decision making makes a trader a good trader. If you are focus on making profit, you should always stick with the mindset of profit is a profit no matter the value is. It also limits you from making a big loss although crash in the market is sudden and sometimes inevitable.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: skarais on September 10, 2021, 03:14:46 PM
This is a pretty good write up.  You can't fully protect your bitcoin from market volatility without actually pulling your bitcoin out of the markets, which is not the same thing as "protecting your bitcoin" because if you pull out, then you're not longer in bitcoin, you're realizing a gain or a loss, and you could miss out on potential upside.  The moral of the story is to just make sure you have a well diversified participant.
It is true that we cannot protect bitcoin from price volatility, but just by ignoring volatility and selling nothing, I believe we will be winners in the long term. Basically ignoring volatility will be very difficult for anyone who is not a gold hand holder, there is too much coercion and compulsion to sell bitcoin when profit are evident and so when price correction occur. Combating these emotion in trading when volatility occurs is difficult in my opinion.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Ibrahim60 on September 10, 2021, 04:14:01 PM
Market volatility is the part of cryptocurrency. Personally I'm holding 0.5 btc. I'm holding it for long time. I want a good profit from it. But sometimes i am going to confused about the price. When price started decreasing then i make my btc to stable coin USDT. I get a easy solution for it. And when i think that the price is seems like stable or would increase again then I'm again buy btc. By doing that i protect my btc from market volatility also most of the time i got profit by doing this act.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Anonylz on September 10, 2021, 06:19:44 PM
I really do not see how the aforementioned will protect one's btc from volatility, even if i decide to do all that is mentioned the btc in a wallet will react according to the market situation, as long as you hold and not sell to usdt whenever the market is about to crash and able to buy back during the dip, your btc will always react to market condition, only if you are an early investor you won't feel the ups and downs much because you are in profit already.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: milewilda on September 10, 2021, 07:25:45 PM
I really do not see how the aforementioned will protect one's btc from volatility, even if i decide to do all that is mentioned the btc in a wallet will react according to the market situation, as long as you hold and not sell to usdt whenever the market is about to crash and able to buy back during the dip, your btc will always react to market condition, only if you are an early investor you won't feel the ups and downs much because you are in profit already.
Totally in different situation into those people who had actually entered this market into those early days on where they wouldnt really mind about those negative and as mentioned they are already in profits for a long time
some had already secured their profits and some do still hold until this very day despite of those market conditions which i cant really blame off considering on the chances and opportunities on where Bitcoin could
give then you do really have that kind of optimistic kind of presumptions on where price could possibly go but dont ever think that you could really protect yourself on volatility because this is where profits
and losses do came from at the same time.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: suzanne5223 on September 10, 2021, 07:54:52 PM
Because individuals are at a disadvantage in the stock of capital, information and investment knowledge, short-term investment and frequent operation are difficult to make profits. The safest way is to hold it for a long time, eat a cycle of dividends and operate it once a year or half a year.
Holding for a long time is never the safest way and those that invested in cryptocurrency that later vanishes off the market will tell you their experience but if you talking about Bitcoin only 10% of all crypto investors have the patience to hold for the long term.
What I believe that's important to protect market volatility is capital management (which will allow long term holding), time (entry and exit), and adequate knowledge about the market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: 7788bitcoin on September 10, 2021, 09:34:34 PM
Market volatility is the part of cryptocurrency. Personally I'm holding 0.5 btc. I'm holding it for long time. I want a good profit from it. But sometimes i am going to confused about the price. When price started decreasing then i make my btc to stable coin USDT. I get a easy solution for it. And when i think that the price is seems like stable or would increase again then I'm again buy btc. By doing that i protect my btc from market volatility also most of the time i got profit by doing this act.
So you made 0.5 Bitcoin by playing around during the volatility in the market and if that is the case it is a huge accomplishment. For me i personally set a target considering the market situations and take my positions. If you are old enough in the market it is easier to understand the support and the resistance level and it is the best time to make a good profit by just playing along with the market and there were times i missed the boat because my calculations were wrong and it is part of the game.

Follow the basic principle of never to take positions in a panic, always think and make the calculations on the fly considering where the market would be and even if the market rallies after selling the coins, all you need is patience as the market will reach those levels one way or the other.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: bhooscream on September 10, 2021, 11:08:53 PM
In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.



Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Rengga Jati on September 10, 2021, 11:20:31 PM
In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.
That's right imo.
But I think that what @zaesvlas wants to say is about the way to cover or face the volatility, So we can only utilize the volatility of the market by doing trading, convert it to USDT, and then trading it again.
We know that market volatility cannot be ignored and so far, the volatility is very high, not only on Bitcoin but also for other altcoins.
if we want a stable portfolio, we need to convert only to stable coins.
But of course, this may be not giving you big profits, different from when we are trading non-stable coins.
Btw, one of the worst things that we do to face market volatility may be panic, if we are panic about the market volatility and we sell them every time the price drops, we can lose more and more money.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Oilacris on September 10, 2021, 11:28:21 PM
In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.


Even just simply storing up your coins on a wallet or simply dont do anything at all then it is always been volatile.Price or value could really change from time to time and making up trades is just really making yourself

adding up the opportunity on engaging into the market which gives out opportunity for you to earn more but of course it would really be accompanied with some risk which you should be aware of if you do step your

foot into the world of trading but if you are afraid or not really that confident then you could just simply held it off and dont trade if you are not that ready.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Reatim on September 11, 2021, 12:54:42 AM

Even just simply storing up your coins on a wallet or simply dont do anything at all then it is always been volatile.Price or value could really change from time to time and making up trades is just really making yourself
but in any case storing your coins in wallet is the best and safest way to keep it one step ahead from volatility right?

but at least using safe wallet like hardware or ledger.

Quote
adding up the opportunity on engaging into the market which gives out opportunity for you to earn more but of course it would really be accompanied with some risk which you should be aware of if you do step your
engaging into market even in holding is indeed happening for many of us, but now we are engaging in falling market lets see whom will be enable to keep or whom will give up.

Quote
foot into the world of trading but if you are afraid or not really that confident then you could just simply held it off and dont trade if you are not that ready.
trade or hold both ar risky , but the thing here is your ability and capability to keep the heads up.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Blowon on September 11, 2021, 02:01:22 AM
The main point in my opinion is to be wise in making decisions. Because we need sharp analysis and careful decisions so that there is no excitement, and should not be greedy in taking advantage it will also make us lose.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: BuNga_cute on September 11, 2021, 02:35:48 AM
The main point in my opinion is to be wise in making decisions. Because we need sharp analysis and careful decisions so that there is no excitement, and should not be greedy in taking advantage it will also make us lose.

The price of Bitcoin today is very volatile, so I agree that we have to be wise in making decisions. Don't make decisions too quickly, we must analyze
first, to make it easier to predict Bitcoin price movements. My advice when the market goes down it would be better for us to be patient holding
the Bitcoins we have, because Bitcoin usually recovers faster than other assets. But if the price of Bitcoin goes up and reaches the target we want,
sell immediately. Because if we are too greedy and decide to holding Bitcoin it will eliminate the opportunity to make a profit, there is a possibility
that the price of Bitcoin will fall after the pump.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: bitzizzix on September 11, 2021, 02:36:45 AM
because I believe and think that bitcoin is the best crypto asset and also volatility or fluctuation is an unavoidable trait that will definitely happen and happen again, for such a thing is nothing new.
If bitcoin drops significantly, say 30% to 50%, would this drop be considered a big loss but could it be considered an opportunity to make a purchase? If we are assessing a loss, it is definitely a loss, and but I would consider volatility or decline as my opportunity to buy to grow it and HODL for the long term.

whatever happens to bitcoin is only temporary and what happens will definitely happen again including a significant increase, and it all depends on how we behave and also use it well and wisely in that situation.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Marvell1 on September 11, 2021, 03:39:25 AM
The simplest way is to hold your bitcoin no matter what happens when the market falls. Turn off the app and you can relax or find another job without always having to pay attention to your screen. And hold bitcoins for 3 to 4 years or more, Bitcoin is a long-term investment. I am sure that you will be profitable in the future.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: B-Bit on September 11, 2021, 06:00:12 AM
This is unavoidable. We cannot capture every market fluctuation.
Long-term holding of Bitcoin can avoid the impact of some market fluctuations. Don't sell your bitcoins just because you are greedy and the price rises.
Bitcoin is not just currency. It is a valuable coin.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: conected on September 11, 2021, 03:35:40 PM
In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility.


- Indeed, sometimes trading multiple times with bitcoin, the fees and volatility also reduce our capital amazingly and we have inadvertently switched from protection to carelessness, however, there is also a similar way to this option is to go to USDT, this process will preserve capital and avoid asset volatility but we will no longer have bitcoin and I don't know if buying back will have the same amount of bitcoin or less or more. One day our bitcoin will leave its home and enter the market, the bird needs to fly to succeed, can't keep it in the cage forever


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: BobK71 on September 12, 2021, 02:38:06 AM
Bitcoin is spread all over the world today. Those who trade on this platform they realized very well how much profit can be made by trading here. But we should also realize that many times we face losses in the hope of making more profit with in short of time. So I think if we are satisfied with a small amount of profit then we can protect our digital assets.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: iv4n on September 12, 2021, 05:38:47 AM
Can we protect our Bitcoins from volatility? Yes, we can by exchanging them for some stable coin, and I guess we would want to do that when the price tends to go down... and definitely, it's something we wouldn't want to do when the price is going up! It's the thing with volatility, it means that prices can go down, but they can go up as well!
So if you are trying to protect yourself from market volatility you have to trade... but that can be tricky if you don't follow the market and if you are not fast enough in analyzing the market conditions and making the right predictions about what is coming next! You can face more losses than profits...


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: iTradeChips on September 12, 2021, 08:54:53 AM
I think that these tweets can be helpful but also timely in the part of the poster. Like some of those who already mentioned here, some just make these tweets so that they can take their profits from their open position. There are so many resources available online and offline that once can use if you are dead serious with learning the ropes of the crypto markets and learning the technicalities of trading. Just do your own research, get other's opinions but treat them as opinions and not fact.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kittygalore on September 12, 2021, 10:35:04 AM
Yes I can, with only a mindset that's in the market for the long-term I think that it's an enough protection for me when it comes to the volatility of the bitcoin market. Plus, diversification could be useful in that situation because when bitcoin is down, you will still have other means to make money since you're diversified.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: cheezcarls on September 12, 2021, 11:28:32 AM
Absolutely! These tips does help a lot of newbies and beginners out there in the Bitcoin space. I usually converted my BTC to USDT if it’s about to fall (depends on the chart movement or how good am I in reading these analytics). I don’t hold any BTC for now, but at least these tips can be applied to other long term cryptocurrencies that I am holding today.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: qwertyup23 on September 12, 2021, 12:24:21 PM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

This is actually a good advice.

Exchanging your BTCs to a stable alternate cryptocurrency may be the key but this would involve some risk associated with its price. Though the only trade back to this exchange is the limited amount of profit one would accumulate on the process.

Still, I do think that HODLing will be the way to go for long-term investments. If a person wants to focus on short-term gains, then there would be some risks also associated due to its price volatility. That is why, the key is always research and knowledge on the market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Davidvictorson on September 13, 2021, 10:42:35 PM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

These are very fantastic points. They point to the fact that one must take personal responsibility to minimize risks and maximize profits even though 100% protection from market volatility is not possible. For newbies, if you have a low risk tolerance DCA is a good strategy to consider too.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Lanatsa on September 13, 2021, 10:59:33 PM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

These are very fantastic points. They point to the fact that one must take personal responsibility to minimize risks and maximize profits even though 100% protection from market volatility is not possible. For newbies, if you have a low risk tolerance DCA is a good strategy to consider too.
DCA is something that wont be easily to be done by someone who had just recently just into this market but not that impossible to learnt of.

For noobs then whats DCA?

Dollar-cost averaging (DCA) is a strategy where an investor invests a total sum of money in small increments over time instead of all at once. The goal is to take advantage of market downturns without risking too much capital at any given time.


Source: https://www.gemini.com/cryptopedia/dollar-cost-average-crypto-invest



Title: Re: Can you protect your Bitcoin from market volatility?
Post by: blckhawk on September 14, 2021, 10:08:08 AM
there are many ways to protect yourself from market volatility in bitcoin, the most effective one is to do countless research about cryptocurrency. next is you must have the basic knowledge on how the stock market works because the market for bitcoin is like the stock market, by observing the market you can predict on when will the price will be up or down. and lastly is to be more open minded when it comes to trading, because in trading your chances of losses is much more bigger than your chances of gain.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kong Hey Pakboy on September 14, 2021, 10:31:39 AM
I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Luke Briggs on September 15, 2021, 07:38:56 AM
It is normal for Bitcoin to fluctuate. You can keep holding for a long time, and you can choose to buy Bitcoin when the price drops. Long-term holding requires patience.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Sanugarid on September 15, 2021, 12:05:13 PM
Hi there,

Cryptocurrency has a volatile market, and there are moments when investors can expect high turnover rates and growth while others aren’t as lucky. In times like this, it’s important to be educated by learning about the ins and outs of managing your cryptocurrencies to avoid drastic changes in the market.

Frequent crypto traders know that investing their digital assets in the market comes with pros and cons. Risks cannot be avoided in any form of investment, so the best thing you can do is devise strategies on how you can protect your digital assets from the volatility of the Bitcoin market.

However, most people wonder if it’s even possible to protect your Bitcoin or other assets from crypto market volatility. You may not be able to avoid it entirely but you can take several measures to lessen its impact on your hard-earned investments.

Tips to protect your Bitcoin from market volatility

Seasoned traders are able to distinguish good investment options from bad ones. However, this ability comes from experience and research. To make the most of your investment, here are some steps you can make to protect your Bitcoin from market volatility:

Personal research and education

Before starting, do your own research and educate yourself on the process of how to invest in crypto. This is especially important for first-time investors and beginners in the world of digital assets. Get an idea of how the market works first and familiarise yourself. The more you know about the market, the more you can make informed decisions on what will benefit your investments.

Read articles online, watch informative videos on YouTube or enlist the help of your friends and family who also invest in crypto. Knowledge is power in this volatile market, and to become adept in both crypto trading and investing, you will need the dedication to find the right information to make the right decisions.

Manage your money

Now that you have an idea of how the crypto market works, you will have to learn how to manage your funds well. Be sure to keep track of your money and have a record of everything you do such as transactions and losses and profits while trading. Managing your money and keeping track of it is an excellent way to protect it from market volatility.

To help you out, you can get tracking apps or platforms to provide assistance. Some of these apps include Blockfolio, Altpocket and CoinTracking. Utilise these tools to manage your investments and get an edge on the market.

Watch the market trends closely

This tip goes hand in hand with managing your money. While keeping track of your funds, be sure to monitor the market trends as well and understand how they move. Check to see if certain patterns affect the market trends and how they relate to the strategies you’re using for your investments.
When your digital assets ascend, descend or stay in a linear position, traders need to be on high alert for what happens next. Some people set reminders to check their funds at least every other day or once a week at most. You can also read about the crypto market and familiarise yourself with the trends, no matter how new or old they are.

Build a good portfolio

An investment portfolio is a collection of data that holds all of your investments and transactions online. You can think of it as putting all data of your cryptocurrencies in one space. If you ever want to look back on some of your previous trades, you can do so in an organised manner by having a good portfolio.
The benefits of having a portfolio go beyond something as simple as collation. You can use it on your own or enlist the help of professionals like fund managers and financial experts. A portfolio will show the pattern of your trading habits and help the experts make an informed decision to improve your trading experience.

Cautious yet streetwise trading

As previously mentioned, the volatility of the crypto market cannot be predicted accurately. You can rely on certain articles or the advice of experts, but you need to have your own trading style as well. To succeed in the crypto market, you have to know when to invest carefully and when to take risks. Always think twice before making a decision.

Think practical and your investments should follow afterwards. You can implement smart trading by learning the ins and outs of the market, doing your personal research and making decisions based on logical reasons instead of just hopping on the bandwagon.

Be open-minded while trading

When investing or trading, don’t be afraid to take certain risks. Try to be open-minded and seek out new trends and strategies that other traders are trying. For example, more people nowadays are looking to try day trading, which is buying and selling digital assets within 24 hours to make a quick profit. There are also other strategies like swing trading and scalping.

Although it seems like the best and safest decision is to stick with your routine, it won’t work forever. If the Bitcoin market is volatile, you should be able to adapt and change with the market to avoid falling victim to volatility and losing your funds.

Thanks for reading and you’re welcome to share your thoughts and tips.

Cheers,
Karl


Source: Bitcasino blog

I think protecting your BTC from market volatility is not possible unless you sell it and buy some stable coins like USDT in order to preserve its value before the market crashes then buy back again when the market price dips to increase the number of BTC you were planning to hold. However, if you're into long-term type of investment then fluctuations in price don't really matter as long as you're holding.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Finestream on September 15, 2021, 01:50:37 PM
It is normal for Bitcoin to fluctuate. You can keep holding for a long time, and you can choose to buy Bitcoin when the price drops. Long-term holding requires patience.
If you are a long term holder of bitcoin, its market volatility won't create a hard impact on your coin because even if the price suddenly drops down, bitcoin will always recover. Bitcoin is not free from market volatility but holding it for long might prevent it from losing your investment's profits.

Market volatility will always be present so there's no way we can protect our coins from price fluctuations but if you have taken safety measures to prevent them losing, then we will always witness a good price surge of bitcoin continuously.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: zanezane on September 15, 2021, 01:53:00 PM
I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.
Good for you that you already have a beefy portfolio, I am on the way to making mine like yours but I am sure it's probably much bigger and I might take a long time before becoming like yours but even though it's that way, I don't worry too much as long as I have a long-term mindset, I won't have any problem with the volatility.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: excro on September 15, 2021, 04:47:15 PM
I don't think it's something possible, except if you sell your BTC every now and then.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kasabus on September 15, 2021, 08:29:36 PM
I don't think it's something possible, except if you sell your BTC every now and then.
The high volatility of the market has been here since the beginning of bitcoin and as long as bitcoin will exist, it will never be protected from any price fluctuation, the price might go down all of a sudden then goes up again. But if you sell your btc every now and then, you will never feel the impact of market volatility.

But i know most of the people in this community prefer long term holding than short term because the profits is absolutely high. So if you hold bitcoin for long term, it will never have an excuse from having price fluctuations  because at the end of the day, you will only sell it if it reaches your target selling price. 


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: sweet bb on October 30, 2021, 06:51:36 AM
DFBTC aims to solve the huge volatility risk of BTC and the lack of liquidity of cross-chain high-quality assets. Through the issuance of standard ERC 20 standard digital assets, through the addition of anti-risk models and yield methods, it can resist risks and cross-chain high-quality BTC assets. The chain is transferred to Ethereum. DFBTC adopts 1:10000 ratio pledge casting, through DFBTC to increase BTC cross-chain applications, making high-quality encrypted assets more efficient.
DFBTC Dapp has been put into operation,
app.dfbtc.org


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: bitbunnny on October 30, 2021, 07:10:36 AM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

This is actually a good advice.

Exchanging your BTCs to a stable alternate cryptocurrency may be the key but this would involve some risk associated with its price. Though the only trade back to this exchange is the limited amount of profit one would accumulate on the process.

Still, I do think that HODLing will be the way to go for long-term investments. If a person wants to focus on short-term gains, then there would be some risks also associated due to its price volatility. That is why, the key is always research and knowledge on the market.

I don't think there is actually a receipe how to protect the Bitcoin from volatility. The only thing you can do is to protect yourself from the possible losses caused by this volatility.
One of the possibility could be diversified investments but if you want to make the profit you need to take certain risk.
To my opinion to keep the eye on the market constantly, watching for the trends snd getting knowledge and information about the Bitcoin functioning is one possible way.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: bitterguy28 on October 30, 2021, 07:39:02 AM
I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.
That is the best strategy to Put Fiat on Hold ready for any moment buying a good coin for another investments, sometimes it is harder for  us holder to replace coins that we already supported to another one that attracts our desire.
so best to Have a strong Folio and also have a extra funds for  emergency investing.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: rizqoAD on October 31, 2021, 12:59:29 PM
The Bitcoin or cryptocurrency trading market is indeed very volatile, so good financial management is needed to avoid losses due to market volatility. Trading Bitcoin is indeed risky if we are not able to manage it, therefore maintaining profit from each trade must be done properly by traders. Experience will allow traders to protect Bitcoin from volatile market volatility and use it as an advantage for traders, i.e. buying when the Bitcoin price is down and selling when the Bitcoin price is going up.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Taskford on October 31, 2021, 01:10:25 PM
I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.
That is the best strategy to Put Fiat on Hold ready for any moment buying a good coin for another investments, sometimes it is harder for  us holder to replace coins that we already supported to another one that attracts our desire.
so best to Have a strong Folio and also have a extra funds for  emergency investing.

Its hard decision to drop it off but if the market is crashing then you don't have a choice to exchange it with stable coin so that you will be protected on the current situation on the market and buy again when the price goes drop. This is more ideal rather than bag holding your bitcoins then wait for something to happen, this will cause us huge stress since we will be on questionable state at that time.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Peanutswar on October 31, 2021, 01:22:29 PM
This is the reason why we love the bitcoin or the crypto market itself because of the market volatility if you are looking with the bitcoin as a stable coin you can make it too like you have Bitcoin as the bitcoin itself, not the value itself. If you don't want to ride with the market volatile you can invest with a stable coin. This is the reason why it's an ideal thing to know with the market trades, technical analysis and indicators so you can keep your asset safe on the market crash movement.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Finestream on November 01, 2021, 09:29:03 AM
I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.
Good for you that you already have a beefy portfolio, I am on the way to making mine like yours but I am sure it's probably much bigger and I might take a long time before becoming like yours but even though it's that way, I don't worry too much as long as I have a long-term mindset, I won't have any problem with the volatility.

On the way is much greater rahter than those who are not starting at all, I mean yes it can be a rocky bumpy ride along the way but as long as your confident in your goal then you'll know when you see brightness and calm the end of the road. So don't get discouraged if you're just starting to make your portfolio big and see other much ahead at you, this isn't a race because the goal is to make profit and have long-term plan to protect ourselves against the market's volatility, surely we can't avoid it that's why it is indeed important to know what your plan.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Kadal Ijo on November 01, 2021, 10:10:46 AM
No one can protect Bitcoin from market volatility, to be able to control volatility, of course it takes big money at least 51% of the current total marketcap, and I believe the price that occurs is purely from market conditions, namely supply and demand. but I'm sure the demand continues to increase and the supply is limited will make the price will continue to skyrocket.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: bitzizzix on November 01, 2021, 11:29:00 AM
Volatility towards bitcoin will definitely come because it has become a habit that will happen suddenly and this is a must for bitcoin owners to anticipate when volatility comes.
There are different ways to deal with volatility and it all depends on your habits and investment plans, you can trade them for stablecoins that have the largest market caps like USDT as they tend to be much more stable and the best choice during volatility.
and you can also Hodl if you do it for the long term no matter how long the volatility is, and that the price drop is caused by non-fundamental factors, you should HODL. Of course, and this is not a way to reduce volatility, but it is a way to manage volatility and take advantage of it to buy it gradually to grow ownership.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: rozak on November 01, 2021, 12:26:13 PM
it is very possible to maintain the value of the digital assets that we have.
but to maintain a more specific asset value, the bitcoins we own are simply impossible.
because we know, the crypto market is always fluctuating, and that makes every crypto asset have no price stability.
I invest in bitcoin for the long term. and I don't have to worry about the current market and price fluctuations. what I think is, I have a long-term plan that I have to take care of. its current value doesn't mean much to me. but in the long run, I will benefit more from this.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: blatchcorn on November 01, 2021, 04:30:15 PM
Exchange to stable coin
My first thought when I read the title.

You are not alone who thinks this way. Count me in too. Thanks to stable coin, hodlers like me sleep well in bullish/bearish crypto market.

On the way is much greater rahter than those who are not starting at all, I mean yes it can be a rocky bumpy ride along the way but as long as your confident in your goal then you'll know when you see brightness and calm the end of the road. So don't get discouraged if you're just starting to make your portfolio big and see other much ahead at you, this isn't a race because the goal is to make profit and have long-term plan to protect ourselves against the market's volatility, surely we can't avoid it that's why it is indeed important to know what your plan.

Well every thousand miles journey start with a single step. If we keep  ourselves  outside the market, just seeing others making profit we can't excel. One thing we need to keep in our mind is that crypto investment works both way, you need to equip yourself with knowledge and necessary tools otherwise you will be just another loser trader. Crypto trading is not as easy as it looks like.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: noormcs5 on November 01, 2021, 07:13:49 PM
No one can protect Bitcoin from market volatility, to be able to control volatility, of course it takes big money at least 51% of the current total marketcap, and I believe the price that occurs is purely from market conditions, namely supply and demand. but I'm sure the demand continues to increase and the supply is limited will make the price will continue to skyrocket.

Although we cannot stop the market volatility but we should control our emotions. We need to survive in this volatile market but not panic selling our coins when see a dump in the market and not buy the coins in fomo when we see the pump in the market.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Ozero on February 16, 2022, 09:32:00 AM
Yes you can protect your bitcoin from market volatility, one way that I can think of that you can protect your bitcoin from volatility is by hodling, it doesn't avoid the dumps but at the same time you will still have the bitcoin even if the prices are down. Plus, volatility is unavoidable to bitcoin so it's not like it's something that you should actively avoid if you aren't an active trader.
Bitcoin cannot be protected from its own volatile nature in this market. It's like protecting bitcoin from itself. If the cryptocurrency did not have a lot of price volatility, it would not be of interest to a significant part of users. Given that the price of bitcoin has been generally growing over time, you can simply ignore the manifestation of its volatility and focus only on your goals.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: KaliLinux on February 16, 2022, 09:49:50 AM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

Right on point for me too even though you really need basic knowledge about trading and once that is set, just make sure you don't trade with greed which also is a major problem with most traders Crypto or FX. I learned that back in the days of my FX trading and I have used that experience in crypto trading once in a while even though I am not much of a day trader myself but once you understand the market and know when to trade to Stablecoins and buy back in, you can mitigate the market volatility. 


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Cryptoworldman on May 29, 2022, 03:06:57 AM
People buy when they see people, when they fall for shopping he is the day-Warren Buffett.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: bittraffic on May 29, 2022, 05:32:33 AM
Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.

Right on point for me too even though you really need basic knowledge about trading and once that is set, just make sure you don't trade with greed which also is a major problem with most traders Crypto or FX. I learned that back in the days of my FX trading and I have used that experience in crypto trading once in a while even though I am not much of a day trader myself but once you understand the market and know when to trade to Stablecoins and buy back in, you can mitigate the market volatility. 

Which also SEC wants to regulate the stablecoin because we exactly know how to use it to protect ourselves from losing due to volatility and accumulating Bitcoin. There is less difference to crypto and FX now because it already have leverage trading.

But If you trade BTC/USD on FX broker platform, I think it be profitable since you don't have to borrow. In FX there is not so much of volatility of currencies like USD or EUR. 


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Argoo on May 29, 2022, 06:51:41 AM
No one can protect Bitcoin from market volatility, to be able to control volatility, of course it takes big money at least 51% of the current total marketcap, and I believe the price that occurs is purely from market conditions, namely supply and demand. but I'm sure the demand continues to increase and the supply is limited will make the price will continue to skyrocket.
Of course, we cannot fully protect bitcoin and other cryptocurrencies from the high price volatility of the market, but from time to time we can take certain measures in this direction. It is rightly pointed out here that one of these ways is to exchange cryptocurrency for a stablecoin, such as tether, when there is a possibility that our cryptocurrency may lose value. At the same time, it is the high volatility of the market that in many ways attracts its participants, allowing them to receive high profits with timely and correct actions. Therefore, high price volatility is both a disadvantage and an advantage of this market. You just need to know how to use it correctly.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Mr.sprin on May 29, 2022, 11:00:29 AM
if you don't want to take a big risk you choose a stable coin, but if you are able to analyze the market choose a coin that has potential and you can get big profits but the risk is also big. my advice if you want to invest in the long term then choose the ethereum coin. you buy now and you keep in the long term I am very sure you will get a big profit.


Title: Re: Can you protect your Bitcoin from market volatility?
Post by: Bitstar_coin on May 29, 2022, 02:04:46 PM
...Thanks to stable coin, hodlers like me sleep well in bullish/bearish crypto market.

Mostly handy in the bearish market than in a bullish market, when the market is all green everyone wants to see their investment growing in price and be happy,  no one thought of stablecoins during that period.
Once the bear season approach, stablecoins become very popular among traders and investors, it is a perfect way of preserving investment funds for a buyback opportunity at a much cheaper price.