No need for concern regarding volatility of prices

[Ealex]

Question: Cryptocurrencies keeps crashing and then rising. Is there cause for concern?

Answer:

Cryptos are eerily volatile, and the challenging part is that they’re so correlated that it’s hard to hedge against cryptos within crypto land. However understanding their fundamentals as well as technical analysis (reading charts) could protect you from BTC/ETH’s adverse swings. (Read more: Dangers in Cryptocurrency Investing)

If you want to learn fundamental analysis, you will have to read the white paper of coins that you want to invest. It will explicate all the details about the coin its purpose and how it works. A word of caution, white papers are highly technical and would be hard to understand for the masses. As part of assessing market sentiment and understanding fundamentals too, you can also install reddit in your mobile and join crypto subreddits (like /r/EthTrader or /r/CryptoMarkets/). (See more: A Guide To Fundamental Analysis In The World Of Cryptocurrencies)

For technical analysis, you can learn from various online sources the basics. A good example is Investopedia : http://www.investopedia.com/university/technical/

[Kotone]

Question: Cryptocurrencies keeps crashing and then rising. Is there cause for concern?

Answer:

Cryptos are eerily volatile, and the challenging part is that they’re so correlated that it’s hard to hedge against cryptos within crypto land. However understanding their fundamentals as well as technical analysis (reading charts) could protect you from BTC/ETH’s adverse swings. (Read more: Dangers in Cryptocurrency Investing)

If you want to learn fundamental analysis, you will have to read the white paper of coins that you want to invest. It will explicate all the details about the coin its purpose and how it works. A word of caution, white papers are highly technical and would be hard to understand for the masses. As part of assessing market sentiment and understanding fundamentals too, you can also install reddit in your mobile and join crypto subreddits (like /r/EthTrader or /r/CryptoMarkets/). (See more: A Guide To Fundamental Analysis In The World Of Cryptocurrencies)

For technical analysis, you can learn from various online sources the basics. A good example is Investopedia : http://www.investopedia.com/university/technical/

Yes there is something to be concerned and worried about. Especially now that a lot of it is gaining traction on the workd. It is still volatile even if it has reached an all put high and peak and we would still have to put ourseleves into a mindset of being cautious again.

[woas4]

Volatility is something we have to learn to live with while it is still hard to correctly price a cryptocoin's worth. Once the market is bigger and there are a few more established big coins we'll probably see a pattern more similar to stocks and less swingy.

[p3ppymon]

Volatility is good from a business point of view. Trades make their income with such swings. On the other hand, inexperience traders might see this as a bad thing and would prefer a more steady price to preserve the value of the assets. I would not be concerned about it, as long as you believe in the decisions made in the right selection of your coins.