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

[loraalbert]

The bitcoin value is always unstable and the value and volatility are highest compared to other coin. That is the branding point of bitcoin. Bitcoins may fall in many stages but when all are skeptical about bitcoin, it shows unexpected growth and even history as of 2017. That proves why many people become rich by trust in bitcoin. Bitcoin is always in my portfolio and right now is the patience to wait for the revival of the bitcoin brand.

[knight20]

If you buy bitcoin right now you need to hold it because the price is really low. This is the right time to invest bitcoin, then hold it for long term. Being volatile of bitcoin is risky if sell it. It's better to hold it than to sell for the safety of your profit.

[shendy]

Yes, of course, you have to hold it. Because the price of Bitcoin is down this is only temporary and the next few months the price will rise again. If you continue to hold it, of course, you will not lose a lot of your money. Try if you sell at a cheap price you certainly will lose a lot. You should think positively and believe that the price of Bitcoin can rise again even higher than normal.

[Bacotan Bae]

I think it's normal that bitcoin prices are forever volatile, this is because bitcoins embrace a decentralized system, but I'm sure that someday bitcoin prices will not be too volatile if marketcap has reached at least $ 50 trillion.

[ethereumhunter]

If you buy bitcoin right now you need to hold it because the price is really low. This is the right time to invest bitcoin, then hold it for long term. Being volatile of bitcoin is risky if sell it. It's better to hold it than to sell for the safety of your profit.

nothing we can do except still hold for a while unless we really need the money then we can sell it right now. but if you don't have any urgent needs then I suggest to you to still hold it especially if you can hold it for a long-term. many people realize that if they can hold until at least 1 year, they can make a lot of money from bitcoin. I cannot imagine how if we can buy bitcoin in a few years ago when the price is on $200 or even lower than that price, I guess right now, we can sell it at any price because we make a lot of profit.

[yonjitsu]

The decision is always with us whether we are going to hold or sell our cryptocurrencies we have in our wallet. Volatility of bitcoin is already natural so it's already expected that price will go down drastically. So for me, why should i sell if i'm already losing? That's why i will just hodl my bitcoin for a while and see how the prices go in the next few weeks or months.

[Strongball]

I think it's better to hold for now than take the risk because bitcoin's prices are
currently low and unstable. Volatility is something we are all accustomed to by now,
it isn't just the dips that compromises the said volatility, but price increases are very
well integrated with it. Holding might be the best thing you have going with bitcoins, considering
you still have them. Besides on any red day, selling bitcoins isn't really advisable, hold and wait for
price increases. That's how volatility should work well with bitcoins. Patience and strategy plays well with volatility.

[bobrova]

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

When you talk about volatility, you should also consider the ups happening. Bitcoin was able to give returns like 100% in a  month or even less because of this volatility only. 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. In case you are worried with bitcoins being that much volatile, just withdraw all your holdings when the prices recover. It is anyway no a right choice now for short term trading.

[Jaemouns]

this now is right time buy much bitcoin, because bitcoin price now is low under 1000 dollar
you can buy much bitcoin and hold in long time

Well said bro,  i already buy btc for holding it.  For me i just hold btc while its still in a low price and then when times come to bloom btc i absolutely have a 2x fold of btc soon. So i suggest just hold it for now and have patience

[heninur]

we have to hold back the bitcoin we have, because the bitcoin price changes are not only cheap, there will be a time when bitcoin prices go back up, and if we patiently hold the bitcoin, then we can sell it when the price goes up.

[BitcoinCommodor]

You are not a real bitcoiner or else you wouldnt have said these words as all the true btcsians are well aware of its volatility

The market value of bitcoin was very much volatile since the beginning and that it is not a new thing for the ones who are dealing in bitcoin and other crypto currencies since some good period. holding has nothing to do with the volatile nature of bitcoin and that you can still hold your coins at time when the market is falling but for that you really need to be patient.

[volcanofetus3]

Yea thats my question too. i was following the forum and now thinking of joining the btc so help me out please

[Kingjagat]

I think it's better to hold bitcoin until prices back to normal. Fluctuations like this in my opinion reasonable in bitcoin, I'm sure in a few months it will go back to normal and prices will rise. But if have money maybe to buy some bitcoin, it will be able to get profit. In conditions of bitcoin now hold and buy is a good choice. With bitcoin prices that very volatile right now, I am is better to hold and buy because it would be good for long term.

I do not know what to do but hold back her

[joebrook]

Yea thats my question too. i was following the forum and now thinking of joining the btc so help me out please

While OP is complaining about the volatility of bitcoins, others have been able to use it and make some really good profits as a result which i believe we should all take advantage off because whiles we hold for the long time, we can buy low and sell high as well.

[keeee]

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

Its up to you if you will still buy and hold bitcoin. But I think, because of its volatility, bitcoin became famous. Some of us would consider that bitcoin's volatility can only give us negative outcomes which is not true. It depends to us how we will handle our bitcoin as well as our time and money.

[Kidmat]

we have to hold back the bitcoin we have, because the bitcoin price changes are not only cheap, there will be a time when bitcoin prices go back up, and if we patiently hold the bitcoin, then we can sell it when the price goes up.

Although bitcoin prices were so volatile our good thing that we can do is to hold. Cheap prices should buy when you have funds and since volatile it will go up. Hold because bitcoin is a big opportunity for all the users.

[bitcoinajax455]

That's why many people and investors using bitcoin, becouse of it volatility. Maybe its hard to predict the price of bitcoin, but there's an opportunity in volatile. Buying bitcoin and other altcoins when the price is cheaper and hold it. Patient is the key, and wait for the right time to trade it.

[Iyeman]

You are not a real bitcoiner or else you wouldnt have said these words as all the true btcsians are well aware of its volatility

The market value of bitcoin was very much volatile since the beginning and that it is not a new thing for the ones who are dealing in bitcoin and other crypto currencies since some good period. holding has nothing to do with the volatile nature of bitcoin and that you can still hold your coins at time when the market is falling but for that you really need to be patient.

It just seems that he doesn't know bitcoin since long time and hasn't taken a time for learning the price cycle of bitcoin yet as for now. Bitcoin has gained its popularity mainly because the price rally and people are still get panic by this "really usual" thing happens in cryptocurrency world.
I mean come on guys, we've through all these volatility since the beginning and why there's someone still wondering why the price is so volatile.

[maculeth]

because the chances of going up to the moon are huge. fluctuations which means it can go up drastically and can rise drastically, the point is not stable and we still have hope to get a high price after falling.

[The_Dark_Knight]

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

One of the most important points of holding your coins is precisely to avoid the volatility, the more you buy and sell your bitcoins the more you are exposed to the volatility of the market, a holder may seem to be exposed to the same risks but that is not correct if a holder decides to keep his coins for years then the daily volatility is irrelevant to him.