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Author Topic: Bitcoin's price is so volatile right now! Why should I even hold?  (Read 57638 times)
Celebrity
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May 19, 2018, 11:10:08 PM
 #421

In my opinion, volatility is actually a great advantage for bitcoin user most especially to those cryptotraders out there. This actually helps us to play oir holdings much better, knowing that its price is so volatile, trading and holding is definitely the better option, simply holding your bitcoin is good, but to be able to play with what you have is better.
Holding is something that has always generated positive results for bitcoin and this is why all the experts give this piece of advice of holding bitcoin when the market seems to crush badly. You never know exactly what is going to happen in the next second in the crypto market and that’s why it is necessary to keep always bitcoin in wallet in order not to miss any important opportunity of making huge money.

Volatility is the thing that make you earn money from bitcoin. Without it, it's hard to make money from trading. So it's also a reason to hold bitcoin if you ask me. Learn it better please.

This is why we need volatility for bitcoin on the global exchanges.
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May 20, 2018, 06:38:08 AM
 #422

The price keeps on changing almost everyday. But regardless of its volatile price, many people are still looking up to it. It is because it you'll earn much bigger profit if its volatile.
Although the price of BTC fluctuations but we do not care much, if you decide to hold them for a long time then postpone the regular price check. If you check the price often will cause you psychological anxiety, so be calm, trust the future of the BTC and you will get the surprise at the end of this year.
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May 20, 2018, 07:41:33 AM
 #423

With fluctuating prices we are actually in demand to always observe the movement at any time so that with any small chance that traders are still able to create an income and make them more motivated to continue to invest.

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May 20, 2018, 07:52:36 AM
 #424

Don't go checking the price of bitcoin daily.  That's a recipe for heartbreak, rather hold and have a long term projection
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May 21, 2018, 05:58:11 AM
 #425

What I know of the World of Cryptocurrency is indeed very volatile. The price of all coins can change in a very fast time. So I'm not surprised if the value of Bitcoin always fluctuates. I still hold the coins I have because I believe these coins have a good future and the price can be high. I believe Bitcoin and all Altcoin will last for a long time.

Fluctuation is the most factor of bitcoin has ,we hodl our bitcoin because we think for better future and we believe on the possibilities may happen towards the future. Although, the transactions is so much risky the important we put some investment to have chances to gain enormous profit.
Without fluctuation, bitcoin wouldn't be as beautiful as it is now and nor it would have been supported by investors as it is now. Bitcoin is cherished by everyone due to its high volatility as this features allow the investors to make huge amounts of money. Once it will go mainstream or all the bitcoin will be sold out, its price will become somewhat stable and then it will not be easy to make profits out of it.

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May 21, 2018, 02:56:38 PM
 #426

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
It is true that the bitcoin is so volatile, the reason why we should hold bitcoin is because it has potential in the cryptocurrency market even its price is unstable. The bitcoin has limited supply and its value is continuing to rise up.
Bitcoin has volatile nature and it use to rise and fall but we will have to manage our life accordingly and learn how we can live happily so if price get down you will have to hold for saving your profit and buy more if you have money, bitcoin is good to hold as it has high potential to rise and increase in price now it is time when price is getting better so I would suggest people to hold so at the end it will be profit worthy selling after holding long, you can even become milliner for holding it.
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May 21, 2018, 03:33:32 PM
 #427

yeah do you get the rythm of bitcoin? If you do then i guess you were able to earn and take advantage on its volatility. This is one reason why investing in cryptocurrency is good. If you know how to play buy, hold and sell bitcoin then relatively you will have a good earnings though bitcoin market price is not that strong compared to the last few increase that it almost got to 10K USD. Well better get along with the volatility of bitcoin market price.
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May 21, 2018, 03:42:31 PM
 #428

No matter how high the present volatility may be, for the fact that experiences and past records had shown the extent at which Bitcoin can still be trusted and relied upon, We shall continue to hold as long as Bitcoin is existing and maintaining its stability despite all odds as the mother coins of all Cryptos. The worst that may ever happen is to break even, of which with optimism, holding with patience shall at the long run catch up the speculated Boom.

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May 21, 2018, 05:25:56 PM
 #429

There are lot of things happening in the bitcoin and crytpocurrency space. It is still like the little kid going up and down just for the fun of it.
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May 21, 2018, 06:27:15 PM
 #430

With fluctuating prices we are actually in demand to always observe the movement at any time so that with any small chance that traders are still able to create an income and make them more motivated to continue to invest.
such opportunities are always expected by investors to get a chance to invest with the most likely to get a profit because it is the main goal of people now

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vollverein
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May 21, 2018, 06:29:06 PM
 #431

Similarly with every new Bitcoin development or negative news, the Bitcoin’s price gets effected. I have seen it drop down by 30% in a week and vice versa, majorly due to news and rumours.
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May 21, 2018, 07:10:18 PM
 #432

With fluctuating prices we are actually in demand to always observe the movement at any time so that with any small chance that traders are still able to create an income and make them more motivated to continue to invest.
such opportunities are always expected by investors to get a chance to invest with the most likely to get a profit because it is the main goal of people now
That is true and that will be for some next time until it will be able to use it for some payments or something like that, this situation can change feeling of it in some ways for me.

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May 21, 2018, 07:30:31 PM
 #433

While Bitcoins are an alternative to fiat currency, they are best comparable with Gold. This is because Bitcoins too, like Gold are exhaustive. Eventually there will be a day when all the gold under the surface of the earth will be mined and exhausted. Similarly, Bitcoins too, are finite in number and one day Bitcoins too, will be exhausted. While one cannot accurately predict how much gold is yet to be mined, we know for sure that there are 21 Million Bitcoins in all, out of which 17Million have been mined.
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May 22, 2018, 04:02:59 AM
 #434

There are lot of things happening in the bitcoin and crytpocurrency space. It is still like the little kid going up and down just for the fun of it.
We should keep them because we believe that BTC prices will rise sharply in the future. It is possible that BTC will reach $ 50000 in the near future which is a price that many people wish, in fact btc price can not rise more than $ 10,000. This is probably the time of price saturation of BTC.
perfect999
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May 22, 2018, 06:01:50 AM
 #435


By holding it in some time ahead, in the hope you can achieve big profits.
Bitcoin selling price is now falling as low as low.
You have to wait to get a big profit.
Bitcoin and all other crypto coins have a volatile nature and that this is something which often works in your favor and that sometimes it goes against you as well. However, if you are afraid of holding of the bitcoins just because of this one reason, then I will suggest you not to be afraid of any such thing because the market value of bitcoin will rise higher inspire being this volatile nature and that it will work in your favor.
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May 22, 2018, 06:27:31 AM
 #436

If I think bitcoin is suitable for use as a long-term investment so holding an asset can be done for someone to earn big profits in the future without having to panic when its value does not change.

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May 22, 2018, 12:41:21 PM
 #437

No matter how high the present volatility may be, for the fact that experiences and past records had shown the extent at which Bitcoin can still be trusted and relied upon, We shall continue to hold as long as Bitcoin is existing and maintaining its stability despite all odds as the mother coins of all Cryptos. The worst that may ever happen is to break even, of which with optimism, holding with patience shall at the long run catch up the speculated Boom.
Yes the price of Bitcoin is volatile and if you have already invested in the technology, you should now keep your mind cool and think wisely about the pursuit of happiness. You should hold because you have already invested and the aim was profit maximization right, so keep holding the coins for the price stability has already started in the market which is increasing the demand by the people which will in turn rise the prices.
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May 22, 2018, 12:49:35 PM
 #438

Bitcoin is volatile but buying bitcoin now is the best decision buying bitcoin anything below 10 thousand dollars will be good step why because bitcoin is expected to cross previous all-time high
Lecam
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May 22, 2018, 01:04:45 PM
 #439

It has always been like that the only thing that changes is the amount of the investors,
As the number of investors grow the fluctuation would increase because there would be more buyer or seller.
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May 22, 2018, 04:10:13 PM
 #440

The biggest influencers on the price of any commodity are Demand and Supply. This is a universally applicable law, which is applicable beyond just the monetary system. This is something which applies in various walks of life. The law of demand governs the economy of Bitcoins.
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