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Author Topic: Bitcoin's price is so volatile right now! Why should I even hold?  (Read 57641 times)
Boov
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July 25, 2017, 02:22:26 PM
 #201

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 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.                       
kidoseagle0312
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July 25, 2017, 02:35:19 PM
 #202

It is right that because of the volatility of bitcoin it became famous, However I do believed that keeping holding bitcoin in a long term was still a good idea for us to reap big profit in a long run were everybody can avail the big benefits also into bitcoin. So lets us continue to hold it due to it will become 13000$ or more next year of each bitcoinBTC Smiley
Shutup
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July 25, 2017, 03:38:28 PM
 #203

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??
Yes bitcoin is volatile now.But still I am loyal to bitcoin.Come what may I will stay on bitcoin.Because bitcoin in my life gives life to me.Bitcoin provides the needs of my family so I will not leave of bitcoin in my life.Its good to hold bitcoin because theres a future big high price waiting in the future for everybody wants to achieve it.


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
Lampaster
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July 25, 2017, 03:48:03 PM
 #204

If you are a true supporter of crypto currencies then you have to get used to the constant swings in the price of bitcoin. Those who have been with bitcoin do not pay attention to it, and many earn good money. If you are willing to wait and is affected by emotions then you better not have anything to do with bitcoin.
Krispin47
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July 25, 2017, 03:49:35 PM
 #205

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
Both investing and Holding are good options. Holding is necessary if the you are patient enought to keep your Bitcoin for years until you gain profit from it, or if its price is doubled. Investing is also good because you can quickly earn from it. Also, it is a bit risky. You need to do some research before engaging yourself in investing into something. You should consider factors such as the profit on the things that you'll invest with and the assurance that you'll earn something from it.
Intersan
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July 25, 2017, 08:33:44 PM
 #206

At this time it is very volatile, much better to hold the bitcoin because of the news. Most of them was buy a bitcoin at this time because they believe that after the segwit the price of bitcoin will increase.

As what I observed the bitcoin dump last week but it back to 140k (php) then dump again. You can't predict what will happen at this time, because of the news. No assurance on what will happen on august 1 so the other was securing their money, instead of holding they pick to sell for sure income, and that's the one reason why the price of bitcoin is so volatile.

richminded
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July 27, 2017, 12:32:56 PM
 #207

Every market is really volatile and this is the best thing you can see when you do trading simply because you can create big money for this as long as you know when to buy and sell i am sure that you will gain more profit. just ride the volatility of btc and enjoy your profit.
Basmic
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July 27, 2017, 12:38:58 PM
 #208

It is the volatility of bitcoin makes it attractive. You can always earn on price jumps. This level of income, unless of course you are able to do and understand trends in the market, you will not give any other currency. Isn't that the point to use bitcoin?
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July 27, 2017, 01:00:49 PM
 #209

can anyone give me a rundown on what is happening, i only know as of now about bitcoin in stock but i dont really know where to see it and potentially use it in the market???
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July 27, 2017, 01:57:16 PM
 #210

i think we don't have to confuse of bitcoin volatile and i think with bitcoin volatile, we can take a profit even for small amount but i think our profit can be minimum $5-$10 or more. sometimes we can see bitcoin price is getting down for a moment and then in next second, the price is jump high back to the normal price and from this moment, our profit will be bigger.

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ShadowBits
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July 27, 2017, 03:55:41 PM
 #211

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

There is a Bitcoin-monopoly. Everything depends on trust. Bitcoin has showed its capabilities well in the market, it is well trusted by the whales and small investors. That is just my opinion but i really think many will agree.
Konthol Ngaceng
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July 27, 2017, 04:13:08 PM
 #212

Despite many warnings to sell bitcoin, but I keep bitcoin and wait 2 or 3 days to buy more because prices will continue to fall.
So I recommend to hold and don't sell bitcoin with cheap price.
knightmairesaint
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July 29, 2017, 10:46:19 AM
 #213

Despite many warnings to sell bitcoin, but I keep bitcoin and wait 2 or 3 days to buy more because prices will continue to fall.
So I recommend to hold and don't sell bitcoin with cheap price.

It was because of the news about the split and segwit coming that many people have sold their bitcoins. It had greatly affect the market price of bitcoin with a big dump. Good thing that the bitcoin had recovered quickly and looking at its price now, it had only made the price to go higher. Honestly, I was one of those who did panic selling, I have converted my bitcoin into fiat currency which I regret because after two days the price rises. How I wish that I had hold on instead.

Many people are saying that we should sell now but those who have been in this forum advised to hold because the upgrade will surely make the price of bitcoin higher.

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August 21, 2017, 10:12:13 PM
 #214

It's volatile and that's why you can grab a huge profit from this volatility and this is the reason why you should keep bitcoin. If you don't know how to make profit from volatility, simply leave bitcoin. That would be better for you in this volatile market.
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August 21, 2017, 10:34:22 PM
 #215

For bitcoin day traders, volatility is the name of the game and it happens that its also their alley as they are able to make some money from this but why you should hold is entirely up to you. You might hold btc as a store of value or as an investment which will pay well after a certain period

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BossMacko
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August 21, 2017, 10:36:45 PM
 #216

You should hold if you want to earn more because you already said it Bitcoin price is so volatile in the future price will go higher than today so holding will make you profit more in the future.
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August 21, 2017, 10:45:12 PM
 #217

I think everyone still at holds right now, we can't predicted when does this bitcoin price will rise or down it's because the economic value in the market is still in needs of more power to subdue the main currency, it tried to break the gold in power and then when bitcoin price is stable maybe someday  this will mark the history in internet money in the future.

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August 22, 2017, 06:48:41 AM
 #218

You should hold if you want to earn more because you already said it Bitcoin price is so volatile in the future price will go higher than today so holding will make you profit more in the future.
We just need to believe that the price of bitcoin will go up higher than we expected because that is the only thing we can to our self to make it believe that bitcoin is a good investment and holding our bitcoins will help our self to earn more money and become stable throughout our financial status and capabilities.
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August 22, 2017, 07:08:58 AM
 #219

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 known for being volatile. It is normal and often happens. It is your choice if you'll sell it now or will cimpel into holding it. If you don't want to take the risk of losing money, you are free to sell it , since its price is still high at this moment. But you may also hold it and wait until the price is back to normal or increase.

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August 22, 2017, 12:42:33 PM
 #220

don't hold it but trade it. You can use bitcoin volatility to get more profit from it. Btc-fiat is good for novice trader  because the price is little bit more stable.

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