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Chachacoin17
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May 22, 2018, 05:21:59 PM |
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It has always been like that the only thing that changes is the amount of the investors,
As the number of investors grow the fluctuation would increase because there would be more buyer or seller.
As Bitcoiners we have to fully-understand on how bitcoin functions, the cause of fluctuation, inorder for us to be more aware and be more knowledgeable on how we deal with circumstances like price correction or market movement. Volatility can be advantageous if you have the idea on how to take chances wisely. It's best to buy during this period and hold because an increase in price will happen anytime soon, it will recover, and selling it at appropriate time opens opportunities for big profit. |
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legendbtc
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May 22, 2018, 05:27:57 PM |
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Bitcoin is volatile but buying bitcoin now is the best decision buying bitcoin anything below 10 thousand dollars will be good step why because bitcoin is expected to cross previous all-time high
Exactly, we don't know when bitcoin price start increasing but surely people who buy below $8k will be the best. So potential coins will take time to increase their price, holding is the best option right now. |
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mrtryonebiggums
Full Member
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Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
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May 22, 2018, 06:08:37 PM |
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I love the nickname OP but seriously if you gotta ask us why you should hold then perhaps you shouldn't. I always feel comfortable holding and this isn't because the volatily isn't high, it is because I envision a future where Bitcoin is used everyday and is a part of our lives. It is hard for me not to see the future this way and if it isn't Bitcoin perhaps another cryptocurrency. Regardless I think you can feel safe knowing how long Bitcoin has been around, as the resiliency alone makes me feel secure.
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KenChanYu
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May 22, 2018, 06:31:18 PM |
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It has always been like that the only thing that changes is the amount of the investors,
As the number of investors grow the fluctuation would increase because there would be more buyer or seller.
I think in this kind of situation, there's nothing to worry and panic because it's born to be volatile and it happens due to several economic factors like supply and demand. All you have to is to strategize. Take the chance to hold because the drop in price is just temporary, be patient, and wait for the increase in price. The increase may still have the potential to upsurge, by that time the decision is still yours to make if you take it as your favorable time to sell or wait for the next price boost. |
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Wayan_Pedjeng
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May 22, 2018, 07:02:48 PM |
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You can claim that the exchange rates are quite a bit volatile, but the volatility has declined over the years. Look at the charts for the last 2 months. You can see that the prices have remained broadly within the $8,000 to $10,000 range.
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Froloff92
Member
Offline
Activity: 238
Merit: 10
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May 22, 2018, 07:08:11 PM |
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better hold your coin first, wait for the price back to normal or high price. for this price reduction is a natural thing, so do not panic, if you can buy more coins now to further increase profits.
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thend1949
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May 22, 2018, 07:47:47 PM |
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It has always been like that the only thing that changes is the amount of the investors,
As the number of investors grow the fluctuation would increase because there would be more buyer or seller.
I think in this kind of situation, there's nothing to worry and panic because it's born to be volatile and it happens due to several economic factors like supply and demand. All you have to is to strategize. Take the chance to hold because the drop in price is just temporary, be patient, and wait for the increase in price. The increase may still have the potential to upsurge, by that time the decision is still yours to make if you take it as your favorable time to sell or wait for the next price boost. Absolutely, panicking is not a healthy response, we should teach ourselves to accept that Bitcoin market is extremely emotional but we must stabilize our emotional aspects. Holding should be taken into consideration while waiting for market recovery. It's not going to stay longer at lesser value all the time. If you sell at lower price you cannot expect to gain huge return. |
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Bellator
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May 22, 2018, 08:06:23 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=1834310.0No one could control its votality,price will rise and fall anytime due to its supply and demand,that makes it very special to cryptocurrency.Best thing could be done if this would happens will be investors strategy on taking chances to buy and hold and sell when the price will boom.We will profit in this way because bitcoins popularity keep on growing everday that is why we can't hold the future of bitcoins and other cryptocurrencies that just depends on the demand of the masses. |
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ScroodjMoney
Member
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Activity: 210
Merit: 10
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May 22, 2018, 08:35:32 PM |
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We know why bitcoin is so volatile same as altcoins. But the difference is that the bitcoin has a long term when it come to its value, not like altcoin it's just a short term so you still have to buy and hold you bitcoin.
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Gaff
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May 22, 2018, 09:24:59 PM |
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Bitcoin is volatile but buying bitcoin now is the best decision buying bitcoin anything below 10 thousand dollars will be good step why because bitcoin is expected to cross previous all-time high
Exactly, we don't know when bitcoin price start increasing but surely people who buy below $8k will be the best. So potential coins will take time to increase their price, holding is the best option right now. People seemed very impatient in managing volatility, and wanted to receive quick earnings and profit not knowing the fact that it requires hardwork, positivity, and patience. The price or market is very unpredictable and it can be full of surprises at times. The reason for holding when volatility strikes is to allow the market to recover for next big opportunities in gaining high profit, compared to less possibilities of selling at lower value. |
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posi
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May 23, 2018, 01:46:34 AM |
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No matter how high the present volatility may be, for the fact that experiences and past records had shown the extent at which Bitcoin can still be trusted and relied upon, We shall continue to hold as long as Bitcoin is existing and maintaining its stability despite all odds as the mother coins of all Cryptos. The worst that may ever happen is to break even, of which with optimism, holding with patience shall at the long run catch up the speculated Boom.
Yes the price of Bitcoin is volatile and if you have already invested in the technology, you should now keep your mind cool and think wisely about the pursuit of happiness. You should hold because you have already invested and the aim was profit maximization right, so keep holding the coins for the price stability has already started in the market which is increasing the demand by the people which will in turn rise the prices. Holding is not the main solution to secure one's investment in cryptocurrency trade or investment because swap one's holding into Tether is the best alternative. Concern market stability, the market correct is already finish but the GOX Trustee which the market with thousands of bitcoin were the cause of the market dip. |
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Sadlife
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May 23, 2018, 01:58:08 AM |
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Would you rather sell now with a low price because you're to scared with bitcoins volatility or would prefer holding and wait for bitcoin to surge and sell at a higher price ?
You know when you first invested in btc that the price is very unstable and it might fall down sometimes but will always recover.
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kalawang
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May 23, 2018, 02:35:25 AM |
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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=1834310.0You should hold your token especially bitcoin cause we are all know that bitcoin will come up again will.pump again its value. Bitcpin has been running for almost twenty years. We shouldn't afraid caise bitcoin always do it to us. And those foolish panic selling their bitcoin cause they dont know what gonna be happen |
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dreamHeaven
Jr. Member
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Activity: 73
Merit: 2
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May 24, 2018, 09:51:25 AM |
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Bitcoin is volatile but buying bitcoin now is the best decision buying bitcoin anything below 10 thousand dollars will be good step why because bitcoin is expected to cross previous all-time high
If you have bitcoin right now you should hold them for some more time and the reason is that in the near future the price will grow more and you will be able to make handsome money from bitcoin. In these days the price is almost stable because it is between $8000 and $8500 for few weeks. Volatility is not good but it is also good for new investors. |
❍ buglab ❍
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zenfo
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May 30, 2018, 02:27:32 PM |
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Similarly with every new Bitcoin development or negative news, the Bitcoin’s price gets effected. I have seen it drop down by 30% in a week and vice versa, majorly due to news and rumours.
Volatility is in nature of all cryptocurrencies and not just Bitcoin, so if you don't like volatility, you should not invest in Bitcoin or any other cryptocurrency available out there. If you will not hold And will sell Bitcoin at a lower price then you will only loose money from your profit margins only so wait for sometime so that Bitcoin can restore it's price and you can earn profits... |
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jeluhtajem
Member
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Activity: 252
Merit: 10
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May 30, 2018, 03:48:39 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.
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ELEL_ELEL
Newbie
Offline
Activity: 177
Merit: 0
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May 30, 2018, 04:06:05 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=1834310.0[/quotEs It's better to hold now because bitcoin is so low. We can have our dream come true to bitcoin to have a millions of profit.Thats why investors love to have bitcoin because their capitals may multiply in 10x if bitcoin is expensive. |
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Pepito Manaloto
Full Member
Offline
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
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May 30, 2018, 04:13:23 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=1834310.0Bitcoin has been very volatile ever since it has started. Many people are suspecting that the current volatility occuring right now is a bad sign for bitcoin. We cannot conclude anything yet but it would be best if we keep our hopes high on bitcoin and believe that it will soon rise again so that we won't miss the chance of benefiting if something good happens to it. |
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francis2
Member
Offline
Activity: 196
Merit: 10
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May 30, 2018, 06:51:26 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=1834310.0You should hold because that is the right thing to do, many try to guess in which direction the market is going to move but unless you are very good at it that is a losers game that very few win, so holding is the only way to avoid losing money, it is true that in the short term you will have potential losses but you do not lose money until you sell. |
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Grayy
Member
Offline
Activity: 322
Merit: 12
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May 30, 2018, 08:18:58 PM |
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It is not advisable to sell when the volatility looks extreme. You may sell to low and regret because the price may spike incredibly high as soon as you sell.
If you plan to sell, make sure you sell when prices are stable. You can also sell and buy back quickly when the prices fall too low. You get more BTC from that strategy.
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