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Author Topic: Bitcoin's price is so volatile right now! Why should I even hold?  (Read 9475 times)
ShineftChaos
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August 15, 2018, 07:20:54 PM
 #561

Based on my own experience, You hold for the same exact reason. Volatility. It can work for you in two ways. In a good way and bad way. Since the price of bitcoins is very volatile, you'll neve know how its price wil rise or fall in the future. So hold some and trade some. Dont hold or trade it all.  The beauty of trading is in the hands of the trader/investor. Its how you deal with flactuations and what you do in the situation that matters. Volatility is always a part of this type of investment. So instead of trying to avoid it, learn how to deal and rise above this waves. Good luck.

In my own opinion, the volatility of the market is in favor of professional traders because in this way they can take advantage of the high strikes in order to earn more profit.

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August 15, 2018, 07:39:12 PM
 #562

While if you will sell it due to the dumps, you will lose profit because the market price is low. Holding is the best thing todo when the market price moves a lot. Sell if the price is a bit stabilized, or if it is stucked on a certain value. Also, consider investing in order to earn huge profit since its markrt value increases for a long run
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August 16, 2018, 10:19:00 AM
 #563

Bitcoin does not need to be sold, because despite its volatility, in the long run it grows. Most investors still choose bitcoin as an investment.
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August 16, 2018, 01:21:22 PM
 #564

Price volatility has been plaguing Bitcoin since its inception.
Many speculators use this volatility to make a profit!
Due to the existence of speculation, cryptocurrency requires the injection of funds to maintain price stability.

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September 05, 2018, 09:55:42 PM
 #565

We all know that bitcoin is so volatile. So if the price of btc is on the lowest value it should be the best to hold it and wait for the price to be in high value and if you have enough money to buy bitcoin grab the opportunity to buy it so when the time comes that bitcoin has a higher price you will earn a good profit.

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September 05, 2018, 10:13:24 PM
 #566

Price volatility has been plaguing Bitcoin since its inception.
Many speculators use this volatility to make a profit!
Due to the existence of speculation, cryptocurrency requires the injection of funds to maintain price stability.
The huge price volatility in bitcoin might be the key which attracts some investors to invest their money into crypto-currencies trading, if the values of bitcoin is able to maintain a price stability in the future, I think the group of investors who prefers to take high risk on the huge price movement in bitcoin might leave the crypto-currencies trading market as there is lesser chance for them to gain huge profits.

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September 06, 2018, 03:28:34 PM
 #567

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
Although the current market is bleeding recently, especially for bitcoin. I still believe in what the advantages of transactions the bitcoin bring to the world. I think the blockchain would be the technology revolution for the payment. If you have BTC now, let's keep holding it until it strongly bounces up again. the patience is the key to success.
Antonina
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September 06, 2018, 05:44:41 PM
 #568

because all investors piously believe that bitcoin will grow and will cost millions of dollars, so they keep
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September 06, 2018, 10:27:55 PM
 #569

We all know that bitcoin is so volatile. So if the price of btc is on the lowest value it should be the best to hold it and wait for the price to be in high value and if you have enough money to buy bitcoin grab the opportunity to buy it so when the time comes that bitcoin has a higher price you will earn a good profit.
Bitcoin evaporates naturally. It has been around for years and is well aware of its paths. It is difficult to stand on the spot because the market is attracted by large investors. So keeping it is the best way and especially should protect it.

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littlestar92
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September 06, 2018, 11:29:19 PM
 #570

Holding or selling depends on your ability to invest. But personally I think the market will still go down. So when the market recovers at a certain price I will sell to wait for a lower price.
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September 07, 2018, 03:28:48 AM
 #571

I think if you are a good trader, it is better to buy when the price is low and sell when prices are high and so on. But if you are a bad trader  then it is better to hold it for get profit.
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September 07, 2018, 06:17:16 AM
 #572

We all know that bitcoin is so volatile. So if the price of btc is on the lowest value it should be the best to hold it and wait for the price to be in high value and if you have enough money to buy bitcoin grab the opportunity to buy it so when the time comes that bitcoin has a higher price you will earn a good profit.
Bitcoin evaporates naturally. It has been around for years and is well aware of its paths. It is difficult to stand on the spot because the market is attracted by large investors. So keeping it is the best way and especially should protect it.

You should always consider holding especially when the price isn’t right. Bitcoin’s  price volatility is very high. This is the reason why you should hold more. Hold and wait patiently until the price gets high again because the market will surely recover eventually.

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September 07, 2018, 06:25:37 AM
 #573

Based on my own experience, You hold for the same exact reason. Volatility. It can work for you in two ways. In a good way and bad way. Since the price of bitcoins is very volatile, you'll neve know how its price wil rise or fall in the future. So hold some and trade some. Dont hold or trade it all.  The beauty of trading is in the hands of the trader/investor. Its how you deal with flactuations and what you do in the situation that matters. Volatility is always a part of this type of investment. So instead of trying to avoid it, learn how to deal and rise above this waves. Good luck.

In my own opinion, the volatility of the market is in favor of professional traders because in this way they can take advantage of the high strikes in order to earn more profit.

People trade on market because they want make profits by riding the market movement. They have technical analysis and making profits from it. I am prefer holding my coin for long term because i dont have technical skill and i am believe market cap crypto still undervalue

Angna27
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September 07, 2018, 06:36:53 AM
 #574

there's nothing we can do right now knowing that the price really drop so bad, all we can do is to wait patiently for the market to normalize again.. hold it still or if you have many income you can buy bitcoin as many as you can so that when it up you have more profit

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September 07, 2018, 06:50:29 AM
 #575

What should I do is hold until my bitcoin getting more profit because right now my bitcoin are in deepest situation and I don't know what I even do so I supposedly hold it even I lost a huge profit right now but I think that's decision is good and the hope inside of me are giving strength to me.

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September 08, 2018, 02:02:59 AM
 #576

I think the best time to buy some is when prices have dropped to 10% or more in a single day. I am using  a similar approach for Ripple currently and making huge profit with this.
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September 08, 2018, 02:05:47 AM
 #577

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
I think we need to be patient in investing in the Crypto market. This is not an investment market and sells within a day or two. We need to trust our portfolio and give the best investment to make a lot of money. I still recommend keeping hold of and waiting.

goodluck0319
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September 10, 2018, 01:55:38 PM
 #578

each has its own strategy, but I think that HOLD is better, so you will have more time to learn other ways to earn money on cryptocurrency

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lelylely
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September 10, 2018, 02:42:19 PM
 #579

I also think what you think and feel confused about the current price of bitcoin. Maybe we have to believe in bitcoin, currently falling low but for the future bitcoin will be able to have a better price like in 2017.

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September 11, 2018, 12:39:56 AM
 #580

the nature of bitcoin is like that it is very volatile but that's precisely our opportunity to seek profit because the higher the risk of an investment there will be a huge profit for us to get.

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