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Author Topic: Bitcoin's price is so volatile right now! Why should I even hold?  (Read 10107 times)
centralbanksequalsbombs
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March 25, 2017, 03:20:04 AM
 #1

With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0

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March 25, 2017, 04:16:32 AM
 #2

With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0
Bitcoin is already famous for its volatility.But not that much like altcoins.Just hold your bitcoins.Very soon,you will reap benefits.Holding bitcoin in long term would be beneficial than short term.
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March 25, 2017, 05:59:37 AM
 #3

The exchange rates have dropped by as much as 30% during the last 2-3 weeks, partly due to the tough competition with Ether. But my opinion is that, you should hold your coins, and if possible buy more. Ether is just an inflated balloon. No one knows when it is going to crash.

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March 25, 2017, 07:13:51 AM
 #4

I think it's better to hold bitcoin until prices back to normal. Fluctuations like this in my opinion reasonable in bitcoin, I'm sure in a few months it will go back to normal and prices will rise. But if have money maybe to buy some bitcoin, it will be able to get profit. In conditions of bitcoin now hold and buy is a good choice. With bitcoin prices that very volatile right now, I am is better to hold and buy because it would be good for long term.

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March 25, 2017, 07:16:53 AM
 #5

We all know on why the market price of bitcoin is dipping right now. Its all because of the BU vs Core war. And we see how the community are responding. And just like what the above members have said, you should hold to your bitcoin right now and see yourself profit in the long term. You said that is volatile right now, so I assume you also know how bitcoin price rebounded from those the market price dip. I am not against any alt coin, but I think bitcoin is a better investment for me in the long run, as compared to alt-coin.

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March 25, 2017, 07:19:34 AM
 #6

After even checking the price, I realised it has fall to $900 which is really low in my own opinion compared to what we have seen in recent times. Although, that should not be new to anyone who has been exposed to this kind of situation because its just going to be for a while then things will start taking shape. As per buying and selling that will involve some level of risk and be convinced that whatever happen to the perice afterwards you won't bite yourself so hard about it.

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March 25, 2017, 08:06:15 AM
 #7

This volatile is a bit dangerous because the price is constantly dropping usually the correct action to do is to buy bitcoin but this dropping is because there are problems with bitcoin so for temporary it is better to not take any action, and watch closely

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March 25, 2017, 08:10:46 AM
 #8

With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0
Bitcoin is already famous for its volatility.But not that much like altcoins.Just hold your bitcoins.Very soon,you will reap benefits.Holding bitcoin in long term would be beneficial than short term.
Yes that's right holding bitcoin is a great way to earn big. Reduces the grown now but still hold me because I know that much higher than I expected. So those with bitcoin dare hold out for the next few weeks to show again bitcoin rise up.

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March 25, 2017, 09:25:34 AM
 #9

this now is right time buy much bitcoin, because bitcoin price now is low under 1000 dollar
you can buy much bitcoin and hold in long time

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March 25, 2017, 09:33:40 AM
 #10

With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?
Yes.
Quote
What are your thoughts?  What should we do?
Bitcoin is designed to be volatile, because it's such an easy thing to trade and has a low market cap compared to huge stores of value like gold which also have sentimental and physical value on top of the scarcity value.  It's not going to collapse to nothing and it is most likely going to keep rising for quite a long time, even when there are forks or other potential threats to Bitcoin it won't get far.  So the only accurate answer to give is: hold what you're not using, and spend what you are.  The same thing you always do with Bitcoin. 

If you can't handle volatility, you shouldn't have ever bought Bitcoin, period.
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March 25, 2017, 09:38:31 AM
 #11

This time is the good time to trade. Even in just bitcoin itself. But if you know how to trade in altcoins its much better. having that volatile price is a good start to day trade or in short term. just dont buy on high as it can make you lose.

   

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March 25, 2017, 09:54:45 AM
 #12

This volatile is a bit dangerous because the price is constantly dropping usually the correct action to do is to buy bitcoin but this dropping is because there are problems with bitcoin so for temporary it is better to not take any action, and watch closely
The price is dropping unnecessary and when I thought there will be correlation at $950 the price deep to 902 I think any decision see good to you is advisable as the drop is a sign that they is an inner battle between the developers. If you hold then expect recovering in a long as the volatile and fluctuations is very high. If you sell you might as well regret.

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March 25, 2017, 10:35:07 AM
 #13

maybe there will be a the miracle, after BTU release, I believe bitcoin will drop to $ 650, and the displacement usd for eth and dash do not be in doubt. not only that Qtum some ico and altcoin this semester is almost mencapain 100 m $ . The right time to buy altcoin, such as eth and dash. BTU pending release.

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March 25, 2017, 10:48:25 AM
 #14

Its true that the price is low now and could encourage massive dumping but the issue about holding and dumping is not really about the volatility because they all know what they are entering into and that's a fact about bitcoin so that's not new what really matters is are you ready so you won't have to blame yourself whether you should have waited a lit bit or you should have sold earlier.
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March 25, 2017, 11:00:27 AM
 #15

Not only you should hold, but you should buy more bitcoin. This days is the time to buy some BTC and hold them like 6 months if you want to make a little profits. Don't care about BTCU or anything like that you read on the news. Buy now before the price incrase again like it happened since december.
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March 25, 2017, 11:47:45 AM
 #16

Holding will give you huge profit in return.  They are the making the price  to go down  because of this panic sellers.
If you believe in bitcoins just hold it.

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March 25, 2017, 12:45:34 PM
 #17

If you have Bitcoins right now, you missed the chance to sell when the price was high so you should hold and even consider buying more. You should only sell now if you don't trust Bitcoin to recover. I'm buying because I think the price will eventually go back up.
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March 25, 2017, 12:48:50 PM
 #18

You have to live your life and do not pay attention to the price. If you want to earn bitcoins then you will not succeed. It is very volatile and you can not guess when to buy and when to sell.
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March 25, 2017, 12:53:59 PM
 #19

That is only a slight decrease in the price and that happened a number of time in the value of bitcoin and then it again start to increase in value. So it is sensible to hold for more time you will see in the coming days or weeks that the price will increase and you will earn a good profit.


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March 25, 2017, 01:06:55 PM
 #20

I ever read a story about a man who holds his bitcoin for years, if I'm not mistaken, for ten years. he said that he does not care what people said and what happened, he just kept holding and then he finds bitcoin in high price. so I just want to say to keep holding your bitcoin
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