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

[adzino]

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.

Volatility does not mean that the price of bitcoin is going to go higher. It means that the price is not stable. Here due to volatility of the price the price may go down and then get back to it's previous position with a very short time.
One can take advantage of this volatility to make grab some quick profit.

[centralbanksequalsbombs]

Update:
As it stands today at this moment, the Bitcoin volatility index reads:
3.6% the latest 30-day volatility estimate
5.5% the latest 60-day volatility estimate

What should I do?

[centralbanksequalsbombs]

Volatility update as of now:
At this moment, the Bitcoin volatility index reads:
5.78% the latest 30-day volatility estimate
5.11% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

Just a reminder to newbies:
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.

Efforts by any country's central bank or government to regulate bitcoin will accelerate that country's demise of fiat value. These costs of such attempts and many other costs are absorbed by monetary inflation - making fiat even more worthless over time. Fiat system has been broken for decades. Bitcoin however had reached escape velocity globally 4-years ago in 2013 thus will continue to rise & be adopted as it is the only escape from financial slavery and an opt-out of war-making, slave-labor producing central bank regimes.

Fiat around the world is heavily infested, broken and burdened by:
-regulatory burden on fiat banks & system (incredibly costly)
-insurance fraud
-false claims and insurance losses
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)

Bitcoin, systemically, is free from these burdens.

[Wandika]

Don't worry too much in bitcoin volatility qhen you aim for a long term investment. When you aim to earn or to save the things we should focus to is to have more btc for we all know that soon it's price will goes in the moon.

[cryptocrusher]

Volatility is exactly the reason that you should hold if you want a safe investment. Any attempt to trade on the day to day volatility will be very very risky and could see you lose your whole investment.

[Kim Domingo]

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 bitcoin was always getting into volatility, we must still keep on holding into it because we all know that despite of all the circumstances that bitcoin has been facing, we are still seeing the improvements in the price rate that admit it or not do really satisfy and gives hope to us to still continue on using and getting into bitcoin cryptocurrency usage. So you must still evenly hold into it and do not doubt its capability and capacity to grow in number that will surely beneficial to each and everyone of us.

[MiF]

Volatility is exactly the reason that you should hold if you want a safe investment. Any attempt to trade on the day to day volatility will be very very risky and could see you lose your whole investment.

Trading is truly unpredictable right now especially China's threat are still at the present and JP morgan continue to criticize bitcoin for his self interest gain so because of these, volatile may in favor of disadvantage anytime to bitcoin that why i prefer to hoard because it was surely safe due to we always just depend on day to day market trading results.

[Despacito]

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 bitcoin was always getting into volatility, we must still keep on holding into it because we all know that despite of all the circumstances that bitcoin has been facing, we are still seeing the improvements in the price rate that admit it or not do really satisfy and gives hope to us to still continue on using and getting into bitcoin cryptocurrency usage. So you must still evenly hold into it and do not doubt its capability and capacity to grow in number that will surely beneficial to each and everyone of us.

If not holding, you must be a good trader to keep yourself confident on the market. This is not for everyone for sure. Only good ones can do this if you think the price is fluctuating harshly.

[centralbanksequalsbombs]

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 bitcoin was always getting into volatility, we must still keep on holding into it because we all know that despite of all the circumstances that bitcoin has been facing, we are still seeing the improvements in the price rate that admit it or not do really satisfy and gives hope to us to still continue on using and getting into bitcoin cryptocurrency usage. So you must still evenly hold into it and do not doubt its capability and capacity to grow in number that will surely beneficial to each and everyone of us.

If not holding, you must be a good trader to keep yourself confident on the market. This is not for everyone for sure. Only good ones can do this if you think the price is fluctuating harshly.

Yah, but hold long-term, for more than 3 years, you need not worry about short term fluctuations.

[shaun98]

I would hold since all altcoins are pegged to the BTC, and most exchanges use BTC to trade for altcoins. This only means that people will buy bitcoin to buy altcoins, meaning that the value of BTC will increase over time even though it may have rise and falls, but the trend will likely be mostly an uptrend.

[chrmn27]

Because, fluctuations are normal, the volatility of bitcoin prices are also expected. You should hold it... Bitcoin may go down but it surely go up after some time.

[heninur]

It's true that bitcoin prices often change sometimes up and down, I advise you to be patient until prices start to stabilize again and keep going up, do not take action for a while unless bitcoin persists at the highest price point then you can sell it.

[Sadlife]

People can make big profits with it's volatility sure the price goes down sometimes but it is not that big of an decrease when the price falls it eventually goes up and recover then climb to even new price heights in just a few weeks and stays there. Volatility has it's pros and cons too you just have to make it the most out of it.

[Kotone]

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

Well even from the start there really has been volatility to cruptocurrency that has been a cause for concern not just to people but also to the government that is also taking a look at it. HOwever I think that with the years it can grow to respectable stable levels

[Butchick]

Values in the crypto world will always be volatile and that is one disadvantage that we need to accept. However,
With nitcoin's value going way too deep, i guees it is best to hold and buy some rather than selling them and lose
Some of your investments.

[detector]

Well since 2010 and now, bitcoin show promising progress and eventhough that bitcoin still not everyone's expect , I still invest/hold no matter what happen.
Bitcoin is risky activity so I will take any risk for bitcoin trading !

[centralbanksequalsbombs]

As it stands today at this moment, the Bitcoin volatility index reads:
6.71% the latest 30-day volatility estimate
6.64% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

[kingkonjac]

If you can make daily trading and benefit from this volatility by selling at 5% gain and buying at dip it would be the best thing to do but if not I would hodl and wait for market to go up.

[slashz9]

I suggest to hold it for those who have bitcoin, because I also feel the bitcoin dump and altcoin also follow it, now I also feel annoyed because my money amount keeps decreasing every time, I think this is the right time for the holiday hahaha

[kimmali]

As we all know,one of the unique characteristic of bitcoin is its volatility. 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. Once you invest bitcoin while its in low price and hold it,then after several months, when the price goes up,maybe 2 or 3 times higher the price when you bought yours,trade it. With this way, you'll have bigger profit.