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

[Uno17]

Exactly, nowadays bitcoin price is so volatile that’s why in moment like you need to prolong your patience inorder to survive and keep hodling. And keep aquiring more when price goes down so that the moment it recovers and go up again, you will see the real profit you are aiming to have. That’s why for me, i will hodl til i see and meet my expectation, just be patient

[basyang]

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.

If you ask me. Yes, I think you are totally right about that. I already said that many times here in the forum. Bitcoin is very volatile you did not know where when its price dropped down and goes high again. And when the price is low( just like now) its a time to buy and buy bitcoins in the market because when the price is goes high again, and when you sell it, it will double your profit depends on how much you buy it and its good for long term also. Or maybe you just hold your coins if you do not want to buy and invest right now.

[p i e c e]

Yes that is already known characteristics of bitcoin. Long holding could result to a greater profit. Bitcoin started up as no value at all and now it has a great value and mostly early investors who patiently wait already earned a very good rate of return and for sure we will earn a good profit as well in holding our investments.

Of course - look back to the history of Bitcoin. It had a lot of ups and downs, and each time it was rising to go up again. BTC is volatile, but it is always gaining. That is why it is worth investing in it.

[lordmick]

Given Bitcoin's existence, its status in the cryptocurrency community, the capitalization and demand for it, its volatility is natural. Proceeding from this, we can finally say that it is determined by supply and demand volatility. But in the case of Bitcoin volatility also greatly affects whales manipulation.

[victorski]

Thanks for sharing a great site, but I would say that bitcoin was always volative, and right now the prices are still higher than a year ago.

[Miracleismyidol]

When the price is too volatile as it is today then the best way to get a profit is to hold, be patient until the end of the year because as it happened before that prices will skyrocket at the end of each year.

I agree with you, that we should hold on until the price starts to normal again, it's much better.
be patient for something big.

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

[bealjulian]

Also if you read some threads especially those who are in the bitcoin world years ago regretted that they didn't hold the coins though there are some lucky ones who forgot that they have some bitcoin in their wallets years ago and came back finding out that the value has increase hundred folds. If you have been in this industry for a long time, experiencing pumping and dumping in the market values will look normal for you

[logan16j]

I am just commenting here because you started this thread when the rally started in bitcoin and i am sure you never expected the price of bitcoin to touch twenty thousand dollars in the first place. Bitcoin price is so volatile, that is why you should hold and it is called investment, with risky of coursem, holding bitcoin can make you gain big profit. You don't hold gold or dollars to gain profit

[deevan]

yes, exactly Bitcoin price is highly volatile, and because of it, it is very advantageous for us. No one has ever imagined that Bitcoin price will touch the sky so by investing in Bitcoin a person can gain very high profits. Right now the Bitcoin is almost stable between 7k - 8k $. If one invest now in Bitcoin he can get profits at the end of this year in December likewise in last year, and this is the right time to buy Bitcoin as much as possible.

[sapnu]

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

The point is, bitcoin has a very volatile value right now which means holding would be a great idea since there's a possibility always that the price will rise which will help you out from getting great amount of profit. Now, if the volatility keeps on leading downwards, holding will not be an option anymore so you should sell out while the price is still high.

[Adek nadia]

bitcoin has a high enough appetite, and the price will not easily drop just like that, you just need to be patient in some time, and I am sure you will achieve tremendous profits especially if you maintain it in the long run, I guarantee you will get rich quick.

[Babylon]

Well if you don't want to hold it then take advantage of the volatility of Bitcoin,
Play with your Bitcoin at the market if you want but don't cry or whine when you lose some money because of it,
The reason why you should hold is to earn some profit because you believe that the price would fly high soon.

[Thian778]

If you don't want to hold then why not start to engage or join in trading daily, it will increase your possibility of more income rather than holding your coin for almost months and even a year.

[weiweianll]

Although BTC and cryptocurrencies are very unstable now, they can bring people benefits in the future!
The blockchain has been applied and developed in many countries in the world, and BTC and cryptocurrency, which are needed to maintain the blockchain system, will be recognized by the people along with the development of the blockchain!

[matthewio]

There are different approaches as regard the way people handle the high volatility of bitcoins.For day traders,it is very useful when there is price movements.They can play it smart with the volatility and make some profits.While for investors,they are not much concerned with the daily drama of price movement since they usually buy for long time and sell when prices have generally made much appreciation.Investor still hold even when they price is very volatile

[RoolBi]

You should keep them. As often the price fluctuates, the bitcoin usually increases. Even if it does not increase at the moment, it will definitely increase at the end of the year.

[Wipangga]

of course holding bitcoin is a very good way that we use to earn a lot of profit in the future, by waiting for higher prices, so we will easily generate many great profits.

[ninokh]

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

I think because bitcoin still has a chance for bitcoin to go up again. do not panic selling when the price drops a little patience. cryptocurrency businesses do require a lot of patience. if you choose to sell you will regret that in a few months the bitcoin will rise again. this is a good time to buy or hodl.

[GrayFullbuster]

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

If you can't trust yourself then do not make investment with bitcoins. Making investment with bitcoins is for strong hands only. You can't grow your investment if you do not have a lot of patience and knowledge.

[Jembut Ireng]

I think the hold is a more profitable thing than we sell now for a bargain price, I'm sure that this month the price will pass $ 10k and the end of the year will reach at least $ 45k.