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

[NowLovebed]

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. It still your own decision. We all know that bitcoin is too risky and we should know that.

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[Bakery cream15]

The reason why people keep it is that in the future it will become even more expensive that will bring its owners a good profit

[tbterryboy]

because all investors piously believe that bitcoin will grow and will cost millions of dollars, so they keep

Bitcoin is volatile and this will reduce by buying more Bitcoin so that its demand rate increases or with increase in number of market participants the volatility will reduce as the liquidity increases. Now if we do not hold and decide to sell then the market value will fall again which means that the demand rate will decreases in the bear market and we may not cross this bear market ever.

[prtty2gal2]

I think if you are a good trader, it is better to buy when the price is low and sell when prices are high and so on. But if you are a bad trader  then it is better to hold it for get profit.

I would say that a good trader will always know the importance of an asset and if it comes to a technology that has survived tough and red market and still claims a big portion of the market, I do not think he would sell away his coins no mater what the market condition are.

Bitcoin technology will surely bounce back and this is the beauty of the crypto market. No one expected it to touch the $20000 figure back in 2017 when it did and multiplies the worth of so many portfolios.

[amphibian]

Well, the issue of volatility is a normal thing when it comes to cryptocurrency. There is nothing you can do about bitcoin volatility. All you have to do is to get yourself acquainted with the volatile nature of bitcoin and if you are already used to that, I think it is high time you buy some bitcoin and hold as bitcoin will at all cost shoot up some day.

[curylebron]

in my opinion, I think you should hold your coins, and maybe buy some more if it possible. I'm sure in a few months it will go back to normal and prices will rise again, so I think this is the good time to hold. be optimistic.

[adpinbr]

Just be optimistic and it will be back as it was before. the price, its popularity. it will soon rise again anyway it is still progressing. when you give up on bitcoin the price also decreases so it is important that rather discouraging people we should encourage one another to get a higher price. lets remember that btc users are directly proportional to its value.

[wendiar19]

in my opinion, whatever conditions occur with the price of bitcoin, you must be able to use it to keep growing the assets that you have, don't let you experience losses due to this price movement and keep calm.

[KalaiBTC]

each has its own strategy, but I think that HOLD is better, so you will have more time to learn other ways to earn money on cryptocurrency

Holding the Bitcoin is a better option in the current market conditions as the value is not going up so the only solution is to hold it and sell it when the price start its increase trend. Now if you think that Bitcoin is volatile then what is the solution for it to bring it to the stable condition is to increase the number of participants in the market so that with increase in liquidity decreases the volatility.

[vagsun]

There's no doubt that bitcoin is highly volatile. The price of bitcoin keeps on fluctuating at a higher rate. Sometimes its low whereas sometimes its higher. So you don't know, what will happen to btc next moment.
If you hold bitcoin ,the result will be two fold, as stated as under:-
1st case:- You bought one bitcoin at $6k and hold it for about 10 months and sold it after 10 months for $15k. So in this case holding is in your favour.
2nd case:-You bought one bitcoin at $6k and hold it for about 10 months and sold it after 10 months for $4k. So in this case holding is against you.

[Irvinn]

The volatility of bitcoin is a big advantage for traders of crypto currency and at the same time is its very big drawback. The large volatility of bitcoins prevents its introduction into business and legalization by its states. Because of the large volatility, many states consider bitcoin a financial bubble and, because of this, they impose various restrictions on the crypto currency.

[Angry_Bird]

Because if you don't then there are high chances for you to lose a great possibility for earning quite good money. If you don't mind taking the risks you can sell everything but I really don't recommend it.

[Escan0r]

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

It depends on you if you really don't want to contribute to crypto currencies like bitcoin it's better to forget the crypto currency. Because it does not give effect to the crypto currency in the future, crypto currencies are free from people like you.

[snaper14]

well I try every time to profit from the volatility of the btc, sometimes I experience loses but sometimes I can have 20-30% profits even in this market. So if you can manage to profit and take the advantage of this volatility than you would not have to hold.

[KKH84]

I think most people buy large amounts of Bitcoin, because they want to hold for a long time for at least 2 years, if you buy Bitcoin for short-term profits, it's better not to do it, because it can have a loss to you.

[cryptolandlords]

The volatility of bitcoin is the reason bitcoin is a lucrative business. If Bitcoin was stable like our traditional fiat  it would be of no business important to invest in it. The wise are making profit in that tide of volatility.

[vixcious]

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 reason you should keep because the value of Bitcoin is very good in the future. You can see that transnational transactions have become easier with lower costs. That is one of the essential things in big businesses. In 5 to 10 years, the value of Blockchain technology will increase even further.

[Arroware]

for me, it's better now we hold bitcoin for the long term, because for us it's also a good decision we can get more profits.

[Agapelove]

Bitcoin's volatility is actually the reason why you should hold your bitcoins. Higher chances that the bitcoin's price will increase in the future. Bitcoin is good for long term investment.

[bonammeo]

Should retain bitcoin at this time. If possible, you should buy more because of its cheap price. In the next few months prices will rise again.