Ethereum very volatile

[bearexin]

Wait? I mean if the price is dumped and you sell because of it, you are going to lose money in the end, that is not really a solution, how could you make a profit when you sell while price is down? You can't, and that is why you have to really just wait.

The better option is to buy, think about it, if you have USDT or any fiat in your hands during a bottom like this, you can put a buy order at 4k and wait around, you know it won't go under 4k but lets assume it did, you know it will recover as well, maybe in a day (like what happened recently) or maybe in a month or maybe in a year but you know you will double your profits without a doubt. That is why buying during the bottom is the best thing you can do, second best thing would be waiting around until it goes back up.

[suzanne5223]

Wait? I mean if the price is dumped and you sell because of it, you are going to lose money in the end, that is not really a solution, how could you make a profit when you sell while price is down? You can't, and that is why you have to really just wait.

Making lost in the end when someone sell at the downtrend market completely vary because the price range the person bought his holding is what matter cause selling to stop lost or save the little portion of profit make is still a smart choice to me.

The better option is to buy, think about it, if you have USDT or any fiat in your hands during a bottom like this, you can put a buy order at 4k and wait around, you know it won't go under 4k but lets assume it did, you know it will recover as well, maybe in a day (like what happened recently) or maybe in a month or maybe in a year but you know you will double your profits without a doubt. That is why buying during the bottom is the best thing you can do, second best thing would be waiting around until it goes back up.

Buying at the bottom price is better option as you said but it better to keep the capital in stablecoin which is not USDT and fiat.

[Smitty Werben Man Jensen]

Volatility is indeed very risky, and it is very difficult to read price movements if volatility is high, but Ethereum is not always Volatility, all tokens and coins depend on Bitcoin, if the price of Bitcoin Volatility goes up, then trading on altcoin will also increase volatility, always use the best strategy, Good luck

[Emitdama]

Right now it is stabilizing a bit but we do not need it to stabilize at this stage, not at this price, we need it to be a little bit more on the higher price before it stabilizes.

For example, if it was like this at around 180-200 dollar levels that would have been better. The price was around 230-240 levels anyway, so the price of 180 would be a bit of fall already, it wouldn't be an increase, just like bitcoin at around 6.6 price which is around 15-20% lower than previously before the fall, price of ethereum could have been 180 to 200 and that would have been a bit normal.

However 130-140 levels are just too low for it to stabilize right now. So volatility is working towards us if it happens again, we need it to go up a lot more before it can stay stagnant.

[Viscore]

Volatility is indeed very risky, and it is very difficult to read price movements if volatility is high, but Ethereum is not always Volatility, all tokens and coins depend on Bitcoin, if the price of Bitcoin Volatility goes up, then trading on altcoin will also increase volatility, always use the best strategy, Good luck

When we say the market is volatile, it doesn't mean that everyday the price will move.
Crypto is only called more volatile because it has a lot of significant movement so far, there are pumps and dumps that are unexpected, and they say crypto is manipulated by whales which I also agree since it would not move that big if whales are not manipulating it.

However, for day traders, I think this is what they are looking because this would be their chance to trade regular and gambling with their skills.

[patz22]

No need to question anything, ETH and other coins/tokens are very volatile even BTC, well, I agree with other statements that is because it makes a lot of movements when it comes to price but all we know that every coins will move because of BTC's movement, that's it and no need to say anything.

[sulendra12]

sometimes it comes to mind that ETH can be more independent and less affected by bitcoin price movements.
fluctuating

Unfortunately it wont. Somehow most of the altcoins price depends on what happen to Bitcoin and most likely they will follow the trend as when Bitcoin goes red then altcoins would do the same as well.

if it has a large volume such as ETH I personally never leaven the slightest of course, for this is very useful to me for daily trading.

What are you talking about? It doesn't matter if it has less volume than ETH if certain altcoins are good to trade.

[wozzek23]

Right now it is stabilizing a bit but we do not need it to stabilize at this stage, not at this price, we need it to be a little bit more on the higher price before it stabilizes.

For example, if it was like this at around 180-200 dollar levels that would have been better. The price was around 230-240 levels anyway, so the price of 180 would be a bit of fall already, it wouldn't be an increase, just like bitcoin at around 6.6 price which is around 15-20% lower than previously before the fall, price of ethereum could have been 180 to 200 and that would have been a bit normal.

However 130-140 levels are just too low for it to stabilize right now. So volatility is working towards us if it happens again, we need it to go up a lot more before it can stay stagnant.

If you really look at the price of ethereum in bitcoin terms it hasn't really changed all that much, in the last 1 week for example ethereum has been between 0.02 and 0.021 and that's it, hasn't changed as much as 10% in the last week, always been the same for the bitcoin price pair, however if you look at it in the dollar column it has moved from bottom of 125 dollars to peak of 145 dollars, that is a huge change in dollar price which tells me right now all of ethereums price change is depending on what the bitcoin price will be.

If bitcoin goes up, ethereum goes up as well, if bitcoin goes down ethereum goes down as well. Which means there is really no volatility in ethereum anymore, there is volatility in bitcoin and that makes ethereum look like it has some volatility when there isn't any.