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crazycatwoman03
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July 16, 2017, 02:05:09 PM |
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Well every market i think the price is really volatile, but when you see it in a long term period you will see if dumping or pumping, markets are usually designed for long term purposes and i believe holding on it will surely make you a winner in the future.
If you have been in this industry for a long time, experiencing pumping and dumping in the market values will look normal for you. Volatility is the main characteristic of the crypto currencies and if you are not aware of this, the dump happening in the bitcoin price today might be stressing you out already. The dump and pump in the price is like watching a movie. There are scenes which are tearful and there are scenes that are joyful that can get you carried away with it and get you emotional. Many are asking whether it is time to sell or it will be worth to hold because of the news about splitting and segwit. What I think is, if we are going to be emotional about what is happening it might affect our thinking. Instead of thinking wisely, we might end up making decisions that are not necessary. |
INVALID BBCODE: close of unopened tag in table (1)
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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raven7886
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July 16, 2017, 03:30:40 PM |
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Many are asking whether it is time to sell or it will be worth to hold because of the news about splitting and segwit. What I think is, if we are going to be emotional about what is happening it might affect our thinking. Instead of thinking wisely, we might end up making decisions that are not necessary.
Yes, it is the time to think wisely than giving room to our emotions to control ourselves. But I am holding my bitcoins tightly without hesitating about selling off with this falling down market situations. I am keeping my faith with bitcoins still high as I am hoping segwit will be implemented in a manner from that no one will be disturbed and bitcoin prices will bounce back after that. I want to hold in this touch time rather than selling now and buying back. It may be kind of my support to bitcoin ecosystem. Moreover I believe prices may bounce back at any time that may make some people to miss their good buying levels. I do not want to face such problems. Keep holding gives me peace of mind, honestly. |
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eaLiTy
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July 16, 2017, 03:59:05 PM |
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I want to hold in this touch time rather than selling now and buying back. It may be kind of my support to bitcoin ecosystem. Moreover I believe prices may bounce back at any time that may make some people to miss their good buying levels. I do not want to face such problems. Keep holding gives me peace of mind, honestly.
I can understand what you are trying to convey ,but as a investor everyone has their own opinions and options,so i would rather sell off my assets if i cant see a clear future,let it be in stocks ,commodity or crypto currency,i will always like to play by the rules,because you never know how low the price might go,i am happy if the price bounces back as i will be purchasing my coin if the price could get back on track,until then i am happy keeping it in dollars.  |
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abilger
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July 16, 2017, 06:10:54 PM |
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Every currency is volatile. Just check the last 10 years EUR/USD chart and look how many times it lost 50% of the value and gained again.
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Bagaji
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July 16, 2017, 07:26:24 PM |
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I can't completely advise you to hold, for either to sell or hold is up to you. I agree with you that bitcoin is volatile because that is the nature of every currencies. People that will eventually hold there bitcoin for a longer time period will reap abundantly from there investment, and that is sure.
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richminded
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July 24, 2017, 04:43:45 AM |
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Every currency is volatile. Just check the last 10 years EUR/USD chart and look how many times it lost 50% of the value and gained again.
Thats true, all of them are really volatile but if you see at the chart you will know when to buy, when you do trading make your plan and execute it well, trading is about analyzing the market, study for it and im sure you will never be hyped. |
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DrGuns4Hands
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July 24, 2017, 06:25:25 AM |
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it's obviously bitcoin backthen are already volatile because it is a decentralized currency on my own point of view bitcoin price are depending on the people who actually investing and traders where they are selling and buying bitcoin. that's one of the reason why bitcoin is not stable but still i even holding it on since then because the price has more potential to pump than to have a big dump.
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JohnBitCo
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July 24, 2017, 06:37:28 AM |
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Well every market i think the price is really volatile, but when you see it in a long term period you will see if dumping or pumping, markets are usually designed for long term purposes and i believe holding on it will surely make you a winner in the future.
Well thats the beauty of bitcoin price. Some will sell at 2700$ price now thinking that it is the best price and in few months they will regret if the price touched 4000$ or more. There is no definite certainty where the price will go, up or down and traders get benefit from this situation as they can better predict the future outcome of bitcoin prices. |
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ASHLIUSZ
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July 24, 2017, 07:31:18 AM |
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it's obviously bitcoin backthen are already volatile because it is a decentralized currency on my own point of view bitcoin price are depending on the people who actually investing and traders where they are selling and buying bitcoin. that's one of the reason why bitcoin is not stable but still i even holding it on since then because the price has more potential to pump than to have a big dump.
Volatility is the common nature with bitcoin, so nothing to worry about the same as the entire network functions on a decentralized platform. Majority of the users get attracted of the volatile nature, which cannot be found much on stocks, shares and other forms of trading or other profit making assets. Holding unlike its volatility is a good way of profiting. |
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jorneyflair
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July 24, 2017, 08:08:07 AM |
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No need to worry, Bitcoin is pretty much famous for how volatile it is, and how rapidly the prices drop and go up. A lot of the people who are interested in Bitcoin are because of how volatile it is. Bitcoin is also decentralized which is what makes Bitcoin so volatile.
You could actually try to use this to your advantage and a chance to stock up your Bitcoin, when Bitcoin hit 2K, a lot of people bought Bitcoin and then the price of Bitcoin recovered and now we are at 2.7K.
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deisik
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July 24, 2017, 08:50:29 AM |
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Every currency is volatile. Just check the last 10 years EUR/USD chart and look how many times it lost 50% of the value and gained again
Euro is not a very good example here Since it has been sticking around (as a currency represented by actually existing money tokens) for less than 20 years. It entered circulation on January 1st, 1999, first in its non-physical form (i.e. as electronic money). If you really want to assess fiat money volatility, you'd better look into such long established currencies like British pound and Swiss franc. That will give you a better view and understanding of volatility among major monies |
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Schuyler
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July 24, 2017, 11:23:39 AM |
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All these volatility would be forgotten if you only invest for the long term. The noise brought about by the rise and fall in the short term will only serve to make bitcoin stronger, that is if it keeps going like this. The long term chart still looks pretty impressive and doesn't seem to go south any time soon. And with adoption slowly on the rise, and developments on the tech side aimed at making transactions faster, bitcoin looks poised to remain the top crypto currency for years to come.
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Adbitco
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July 24, 2017, 11:39:18 AM |
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I think volatility is not a new thing to bitcoin prices and it's been there for long but you may have noticed and even experienced and tasted the benefits of it. The only thing to keep in mind here is don't sell when you encounter a low in bitcoin price instead buy more and reap the benefits later when there's a surge in prices.
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Celsiuss
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July 24, 2017, 12:37:10 PM |
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I'm thinking the exact same thing, but reading other peoples posts, I believe it may be a smart move to hold, as it'll increase wayyy more soon.
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who cares
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Ziskinberg
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July 24, 2017, 01:00:05 PM |
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I'm thinking the exact same thing, but reading other peoples posts, I believe it may be a smart move to hold, as it'll increase wayyy more soon.
Success will be possible for us if we believe that bitcoin will be the future and now is the right time to invest to profit tomorrow, some people has different views but I believe majority of the people here in this forum believe that bitcoin will be a success. Maybe you can also read some negative comments about bitcoin but we cannot be sure if they really meant it, they could be doing it to cause panic so they can buy, we really do not know so we have to be smart all the time. |
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Kersh768
Sr. Member
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Activity: 658
Merit: 256
Freshdice.com
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July 24, 2017, 02:06:24 PM |
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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=1834310.0It will depend on one's decision. If you want to assure the profit that you'll gain from your btc, it is okay to sell it now. But if you are aiming for bigger profit and can wait for a period of time, it is also good to hold you BTC until its value increase by multiple times. Knowing that its value is increasing week(s) after the dipping of its value comes to its place, is good, in this way, people will less worry about deflations. Due to the btc's volatility which is sometimes high and sometimes low, it is not impossible that one day , inflation will be continuous, sounds good to those who holds their wealth. |
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DevilSlayer
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July 24, 2017, 02:12:44 PM |
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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=1834310.0I think it is one of the advantage of the bitcoin. The volatile of the bitcoin is the reason why many people wants to hold bitcoin. I prefer to you to hold bitcoin because there are big possibility that the price will suddenly up. |
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gabmen
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July 24, 2017, 03:41:33 PM |
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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=1834310.0I think it is one of the advantage of the bitcoin. The volatile of the bitcoin is the reason why many people wants to hold bitcoin. I prefer to you to hold bitcoin because there are big possibility that the price will suddenly up. Well if you have a lot of time and patience to observe the movement oe the volatility of btc then i think doing day trade ia good. Though i'd leave that for other alts as btc's movement is not as active as lesser altcoins. People holdong for a long time are looking for bigger earnings qithout having to monitor their btc all the time |
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bitbunnny
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July 24, 2017, 06:24:39 PM |
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It's the nature of Bitcoin to be volatile, that should know every user. And volatility isn't necessary bad thing, on that traders make money. The price will always move up and down it just can't completely be stable and it's your decision how are you going to use this characteristics, whether this will be your advantage or disadvantage.
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ajmapalo22
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July 24, 2017, 06:51:58 PM |
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Bitcoin has been known for volatility though for the past years it experience decreases in value still it manage to go up and give reasonable outcome I think even if it's feature is like that still bitcoin is a good investment and holding it for long term purpose will give higher returns we'll see what will be the result of august 1 if it will favor the users and investors but I hope somehow it will.
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