Bitcoin's price is so volatile right now! Why should I even hold?

[TheCoinGrabber]

Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.

Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds.

That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet.

[timerland]

Volatile price doesnt necessarily means that the specified financial asset is not worth to hold for profit, it may even turn out that it was a better idea than to buy an instrument that has its price stable.
It is because volatile price may result in greater returns, but you need to be aware of the higher risk that you are willing to take if you accept the fact that price is fluctuating very often, sometimes with big moves on the charts.

It is making the trading easier too, because you it is much better to earn on the difference in price of some volatile asset, than to trade on some stable price, where the gaps are really small, and upside/downside bursts are not huge, comparing them to the whole chart movements.

[zimmah]

I don't think it's volatile at all, the price is reasonable stable and predicable imho.

t has seen much worse volatility and right now i'd say it's calm.

[machinek20]

For me the price still good, although there are volatility, but in the end the price is crawling up, and that is the real reason of investing, as long as it is potential to earn profit then it is worth to invest and by this volatility you can earn some profit by trading

[aardvark15]

For me the price still good, although there are volatility, but in the end the price is crawling up, and that is the real reason of investing, as long as it is potential to earn profit then it is worth to invest and by this volatility you can earn some profit by trading

Even with all of the volatility, the price of Bitcoin is rising overall. Fluctuation can give opportunities to buy or trade while the price rises in the long run.

[darthmaul]

You seem to be studying bitcoins volatility far from what is can be expected with bitcoin. In my honest opinion I don't look bitcoin do hard. I just save it and save it a lot. It has worked for like since last year and it has given me lot of profits. I am not that professional as you being so I just normally trade it buy/sell with low/high prices and get whatever profit I can grab.

[Sled]

For me the price still good, although there are volatility, but in the end the price is crawling up, and that is the real reason of investing, as long as it is potential to earn profit then it is worth to invest and by this volatility you can earn some profit by trading

Even with all of the volatility, the price of Bitcoin is rising overall. Fluctuation can give opportunities to buy or trade while the price rises in the long run.

In my opinion, in able for us to not regret this kind of opportunity both short term and long term, we should do both so we can maximize our profit in bitcoin. Do day trading while the price is volatile and don't forget to save some bitcoins for long term because long term is always the best for bitcoin to make sure that we will get profit.

[centralbanksequalsbombs]

Through today, Recent update:
30 Day Estimate:
3.84% 
60 Day Estimate:
2.97%

[v0rtecxz]

I think the current bitcoin price is quite stable, you better save it, because the bitcoin price will later jumped high, and potentially generate substantial profits.

[stompix]

Through today, Recent update:
30 Day Estimate:
3.84%  
60 Day Estimate:
2.97%

I don't know how they do those computation cause the numbers are pretty weird
How can you say volatility has been 3.84% for the last 30 days?
Maybe daily average and sincerely when you do the average it doesn't look that impressive at all.

Better stick with good old bitcoinwisdom and it's 70% change for the last 30d.

oh. forgetting the most important thing.

It's 70% change upwards.
Of course you should hold, why would somebody want to get rid of something which is increasing in value and all the signs point even higher?

[gollygosh]

Bubble bursts and BTC still rises like a pheonix,say's a lot about this virtual commodity.

[Pettuh4]

Bubble bursts and BTC still rises like a pheonix,say's a lot about this virtual commodity.

That is why the OP needs to hold because it has withstood the test of time enough to be able to convince anyone that no matter the dump Bitcoin will definitely bounce back.

[BitDane]

Well holding bitcoin will give us more profit in the long run.  Even if it is highly volatile at this point, this is due to the speculative market and with the global adoption, the possibility of bitcoin to increase in price is inevitable. This is the only reason why we should hold.  More profit in the coming years until saturation level is achieved.

[Lieldoryn]

Do you trust bitcoin or not you have no other choice but to keep him in the hope to get rich. If you provoke a panic in the bitcoin market and start to sell, you have nothing to earn because of falling prices. If you do not trust bitcoin, then keep it and periodically make purchases of goods for their bitcoins.

[Sled]

Do you trust bitcoin or not you have no other choice but to keep him in the hope to get rich. If you provoke a panic in the bitcoin market and start to sell, you have nothing to earn because of falling prices. If you do not trust bitcoin, then keep it and periodically make purchases of goods for their bitcoins.

That is right, it is all about having faith for bitcoin because if you really had faith for bitcoin then you should believe in bitcoin and keep holding them for long term which is the best for the people who want to be rich soon. If you really want to be rich then you will hold them for long term and ignore the dumps or temporary volatility of bitcoin.

[Mapagmahal]

Do you trust bitcoin or not you have no other choice but to keep him in the hope to get rich. If you provoke a panic in the bitcoin market and start to sell, you have nothing to earn because of falling prices. If you do not trust bitcoin, then keep it and periodically make purchases of goods for their bitcoins.

That is right, it is all about having faith for bitcoin because if you really had faith for bitcoin then you should believe in bitcoin and keep holding them for long term which is the best for the people who want to be rich soon. If you really want to be rich then you will hold them for long term and ignore the dumps or temporary volatility of bitcoin.

If someone do not trust or have faith in bitcoin. In the beginning he or she must not have bought a bitcoin in the first place because if you are looking for a long term profit or want to profit and if you sell right now you are the one that will lose. You just need the to trust the coin and let it bloom again no matter what is happening. As of now the price of bitcoin is recovering from a drop. If this continues we will see the price of bitcoin for 3k USD.

[FlightyPouch]

In the event that you trust that bitcoin will be considerably more costly later on, instability today does not make a difference to you. Simply purchase, stack it away and trust bitcoin prize will be really high later on. In the event that you continue following its instability, you will simply have cerebral pains.

You don't need to save them all, you can sped some of them to online stores and buy some things, maybe invest some of them to sites and projects. If you just save them and just let them rot in your bitcoin wallet, it will just increase it price, but why dont you find other ways to earn bitcoin, you can do that while you are waiting for bitcoin to pump its price.

[Rahar02]

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's already decline right now, become ;
3.92% the latest 30-day volatility estimate
3.01% the latest 60-day volatility estimate

Bitcoin prices always be volatile, as long as people trade it and doesn't have a large market cap yet such as major currencies or at least like gold.
Why you should even hold? Because the price will continue to rise year after year and you won't regret it when bitcoin reach $10,000 or even $50,000 who knows how big it could be. Buying? yes. holding? yes.

[gollygosh]

A market that has so many automatic sell and buy orders will inherently be unstable until it's market cap reaches a lot more than it is today, but I do believe long term, it will rise a lot more than it's current value.

[bohr]

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

You got your answer just after a few months bitcoin earned 70% in value in just the month of May, if that is not reason enough to hold and take the risks then I do not know what could make you hold, if you are in it for the profits bitcoin is simply one of the best investments.