Ups and Downs !

[richardsNY]

For bigger institutions like banks, organizations, companies and other such types, this is a disadvantage because they would definitely not like it as a currency, but for investors, these ups and downs are a lot advantageous based on their high returns which attract them.

Why would banks and all related institutions make use of something as Bitcoin while they can use their so loved fiat in ultimate silence? Doesn't really make sense. Other than that, the volatility is the main reason of why traders like Bitcoin so much. Smart traders can make themselves a great profit on a yearly basis with relatively low effort as these price swings are more or less predictable to a certain extent.

[bamboylee]

if you could take advantage of the situations down trend or up trend i'm sure you could got profit from that and this situations is common happening on every currency even dollar also have it so it is normally and as basic law trading says that buy when the price down and sell when the price rise up

but i think it is really very difficult job to understand the ups and down trend of the bitcoin, as no one know in advance that when the price of bitcoin is going to up or when then price of bitcoin can fell down so as to sell bitcoin before the downfall started.

that's actually true, even if you have such a good anaylzation that make you confident enough to make a decision and predicting what's going on with the price afterwards, there's still a chance for you to make a wrong prediction,it's all depend on luckyness i guess

It is all part of trading. That is why you should always read news about the commodity you are trading so you can anticipate if the movement will shift. Technical analysis is one thing, being aware is another.

[goldcoinminer]

if you could take advantage of the situations down trend or up trend i'm sure you could got profit from that and this situations is common happening on every currency even dollar also have it so it is normally and as basic law trading says that buy when the price down and sell when the price rise up

but i think it is really very difficult job to understand the ups and down trend of the bitcoin, as no one know in advance that when the price of bitcoin is going to up or when then price of bitcoin can fell down so as to sell bitcoin before the downfall started.

that's actually true, even if you have such a good anaylzation that make you confident enough to make a decision and predicting what's going on with the price afterwards, there's still a chance for you to make a wrong prediction,it's all depend on luckyness i guess

It is all part of trading. That is why you should always read news about the commodity you are trading so you can anticipate if the movement will shift. Technical analysis is one thing, being aware is another.

True, knowledge is power and that's your only way to be successful in trading. Look at those successful traders, they do not need to work anymore because they have the skills to make big money by making the right prediction. It's the basic that every trader should understand.

[X-ray]

It is all part of trading. That is why you should always read news about the commodity you are trading so you can anticipate if the movement will shift. Technical analysis is one thing, being aware is another.

not only news,sometimes news is just lately posted by the news website. always watching the announcement section of the coin would be the wise choice and decision. you will get updated information than on the news website and by having this you can prevent from any loss faster

[nikrobi]

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long.
Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die.

[mrr09]

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long.
Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die.

You're right, maybe only a few people who would accept the loss of this rare occurrence. But, although the possibility of losing is very small, we still must be careful in trade.

[Oilacris]

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long.
Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die.

You're right, maybe only a few people who would accept the loss of this rare occurrence. But, although the possibility of losing is very small, we still must be careful in trade.

Losing on trading possibility is not actually small because if you dont have enough knowledge on trading it for sure you will lose some of your money specially we are now on increasing price state.If you buy on a low price then the price shoots up then you will surely wait for long time if bitcoins price will go drop again. Trading really needs knowledge on when you will buy and sell and it really needs some analysis.

[gandame]

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

That the good one about bitcoin that the price goes ups and down because we can get profit on it. Advantage to those who has many bitcoin because they get a big profit once bitcoin goes up.

[Supercrypt]

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

That the good one about bitcoin that the price goes ups and down because we can get profit on it. Advantage to those who has many bitcoin because they get a big profit once bitcoin goes up.

Ups and downs are most common for the any tradable commodity but for a high potential commodity people are usually keep on buying as it will always is heading up direction, same thing is happening with bitcoin and people are keep on buying and holding by eyeing huge price levels in upcoming days.

Unlike Forex trading, only very few exchanges are having the facility of short trading, so making use of downs is not bidirectional for bitcoin traders.

[Herbert2020]

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

it depends on how you use it and how big are those ups and downs.
if you are a trader and doing it for short term and everyday then you would love it no matter which way the price is going because it is all chances for making more profit.

but if you are a long term trader then you would prefer only upward movement in long term and don't care about ups and downs of short term.

and if you are a user, wanting to use bitcoin as currency then it can be a bit nerve wrecking if you want to spend it with a volatile price specially if the price changes a lot.

[streazight]

Ups and down is the nature of bitcoin, you can see that some time the price of bitcoin increase while other time it fell down to some limit in recent days we can see that the price of bitcoin raise to 750USD while after some time it come down aging to 730 USD actually it depends on demand of the people when demand increase price also increase.

[dunfida]

Ups and down is the nature of bitcoin, you can see that some time the price of bitcoin increase while other time it fell down to some limit in recent days we can see that the price of bitcoin raise to 750USD while after some time it come down aging to 730 USD actually it depends on demand of the people when demand increase price also increase.

This is correct because if bitcoins demand will rise then for sure the price will surely rises too and on those times when bitcoins price decrease those means someone or traders or bitcoin holders does decide to sell of their coins just to earn profits when they saw the price is already enough to sell off they will surely do that ,therefore decreasing and increasing is always normal on bitcoins environment because of the exchanges of  sellers and buyers.

[BTCLovingDude]

Ups and down is the nature of bitcoin, you can see that some time the price of bitcoin increase while other time it fell down to some limit in recent days we can see that the price of bitcoin raise to 750USD while after some time it come down aging to 730 USD actually it depends on demand of the people when demand increase price also increase.

that is correct but changes that are small, as small as $20 in your example are not really changes that you can call Ups and Downs! because these are the normal change in any other thing that is being traded like Gold, Stocks,...

when changes grow bigger then you have to start analyzing it by looking at supply and demand, and i don't think OP is talking about this.

[danherbias07]

Oil, copper and other investments do have this. It is part of the circulation of one currency or commodity. Without it, no one can tell if it is still valuable or not. You cant see one thing now that is valuable and free. Right?  

[Babayega31]

Ups (pumps) = Good to sell part of your bitcoin to have some cash in hands to buy cheap bitcoin on dumps
Downs (dumps) = Good opportunity to buy cheap bitcoins using all fiat you have or half of fiat.

If you are looking for long term holding, don't look at short term ups and downs just relax with your bitcoin in safe place and keep an eye on bitcoin markets.

The advantage of Ups and Downs (swing) in bitcoin price is opportunity of profit it create for day traders.

this is incomplete. because going up doesn't mean pump and going down doesn't necessarily mean dump. pump and dump brings a negative meaning with itself and i think it shouldn't be used for every change that happens. these so called swings happen in all the markets for example you can look at the gold price chart and see that. there are a lot of factors that change the supply and demand (mostly demand) which leads to the price change.

Its a normal trend of trading graph and is a reality that you will be facing when you are a trader, you will be experiencing ups and downs on your trading progress. You must always be aware of every possible outcome that may happen on your graph monitoring as it is very important to be updated of the latest trading graph trend for you to have technical analysis in order for your next trading progress.

[outatime1]

The ups and downs can be an advantage to traders because it allows for more trades. It could be a disadvantage for people using bitcoins for purchases since the value is unpredictable.

[ipanks]

The ups and downs can be an advantage to traders because it allows for more trades. It could be a disadvantage for people using bitcoins for purchases since the value is unpredictable.

i agree with you and we can make buy order and order sell to make profit because it was the traders looking for, including me  and i really like if there is a fast movement from the market which is up and downs, so i can make buy and sell over and over and its a good profit for me. but its only in some case and can not happen for daily.

[Slark]

The ups and downs can be an advantage to traders because it allows for more trades. It could be a disadvantage for people using bitcoins for purchases since the value is unpredictable.

Price is not *that* unpredictable when there are no major market events to influence it. Small fluctuation is the name of the game here.
I don't expect that Bitcoin will reach price stability any time soon, so bitcoin holders who are using it for shopping should either be fine with this or don't spend BTC at all.

[Dassi]

The price fluctuations is one reason we have not seen a mass bitcoin adoption.
Most people see bitcoin as a currency not really for trading purposes, so why buy something whose value is not fixed for one week straight?

[StarofBTC]

The ups and downs can be an advantage to traders because it allows for more trades. It could be a disadvantage for people using bitcoins for purchases since the value is unpredictable.

Ups and down are the nature of the market, but I think trading is not unpredictable job as there are so many experienced trader who are predict about the nature of the market in advance and most of the time their prediction proves as correct.

I think for becoming a good predictor you need to study much about the market for a long time and then you can be able to give a good prediction.