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

[shoreno]

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

So volatile right now ? What about last year? What about last time ?  Btc is volatile at all time because that is its characteristic .  however if we will only based on today's situatuon , i can say that btc is now stable because the price is hardly moving . 

Now you are asking if why you should even hold ? Well its up to you if you will buy and hodl  . this is not our obligation , we are not being forced to to this .

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[indrakusumaindra]

Of course the price of Bitcoin is volatile and this is the main reason why you must hold your Bitcoin and if possible buy more while the price is still relatively cheap. Let us consider the other side of the story, Bitcoin price being volatile means that just as it can decline, it is equally capable of rising at any point in time yielding profits to its holders. Let's stay positive, Bitcoin will certainly rise one day.

Exactly. It matters from which side of view you are seeing this volatility. There is a lot of room for making profits even in this bear market when you know how to get an advantage of the volatility that exists in the market. Of course, the market has a high level of risk and losing your money but this is all about in the cryptocurrency market.

Yes i believe its a common things and as a smart investors we should realize that bitcoin price are volatile. I do believe with this volatility i would gain profit and i also think that the reasons why people invest in cryptocurrency in the first place, is because they need a lot of return from their investments.

[Ranly123]

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

Even before I started holding Bitcoin, I already know how volatile it is but still I choose to invest because I have faith that it would give decent profit. Right now, since the price of Bitcoin is in uncertainty I am still optimistic that it will rise again.

[raidarksword]

Being volatile is bitcoin was known of  but it doesn't meant we shouldn't hold because bitcoin is really a good investment and worth to hold for couple of years in order to see the real value of it.  The demand for bitcoin is still high up until now as this year unfolds and many investors wanted to hold more because  bear market is still on progress. Have faith because we are near to accomplish the ideology of bitcoin on why it was built and made for us early adopters.

[Snaic]

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

Four percent of volatility per month, it can now be regarded more as the stability of the price of Bitcoin, and not its high volatility. From the second half of 2017, Bitcoin began to show real price volatility. Now there is a good increase in the price of Bitcoin, which is also a manifestation of its volatility. Cryptocurrency volatility is both a positive and negative quality of cryptocurrency, and this market is different from others.

[bonker]

Being volatile is bitcoin was known of  but it doesn't meant we shouldn't hold because bitcoin is really a good investment and worth to hold for couple of years in order to see the real value of it.  The demand for bitcoin is still high up until now as this year unfolds and many investors wanted to hold more because  bear market is still on progress. Have faith because we are near to accomplish the ideology of bitcoin on why it was built and made for us early adopters.

The price of Bitcoin never had any stable value in the past years, the pricing of Bitcoin is always swings when the market is going to bullish now also that trend coming into play for every successive bullish trend we are getting high prices done the last bull trend which makes bitcoin to be more preferred as an investment.

[Adriano2010]

Even if is volatile and the price drop and people buy when is high i think they should hold for a long time and wait hold for longer, because the bitcoin is a long way coin.

[mr_random]

Of course the price of Bitcoin is volatile and this is the main reason why you must hold your Bitcoin and if possible buy more while the price is still relatively cheap. Let us consider the other side of the story, Bitcoin price being volatile means that just as it can decline, it is equally capable of rising at any point in time yielding profits to its holders. Let's stay positive, Bitcoin will certainly rise one day.

Exactly. It matters from which side of view you are seeing this volatility. There is a lot of room for making profits even in this bear market when you know how to get an advantage of the volatility that exists in the market. Of course, the market has a high level of risk and losing your money but this is all about in the cryptocurrency market.

Yes i believe its a common things and as a smart investors we should realize that bitcoin price are volatile. I do believe with this volatility i would gain profit and i also think that the reasons why people invest in cryptocurrency in the first place, is because they need a lot of return from their investments.

Smart investors know the right time and tight coin for putting their money. First of all, BTC is very volatile and it can react faster than the blink of an eye to the cryptocurrency related news. ROI depends on the volatility.

[kodtycoon]

why do you have to hold because you have buy at certain times that require you to be more patient to sell, fluctuating it will not make you lose if you have good confidence not to be affected when there is a negative sentiment in a certain period that will make the market experiencing a downtrend

[FlightyPouch]

Even if is volatile and the price drop and people buy when is high i think they should hold for a long time and wait hold for longer, because the bitcoin is a long way coin.

Though with its volatility, everything can change so even if we are aiming for the longtime investment, we should still track the price movements of btc. Also, don't be ignorant with the price changes like that, don't buy when the price is high, everyone wants to get their hands on their own btcs but I don't think we need to rush and buy them since it is pumping now.

[abeecrypto]

It is nothing new. Like every other cryptocurrency, Bitcoin has always been highly volatile. But I do not think it should deter anybody from Hodling it. High volatility is a general feature that cryptocurrencies exhibit. I can say it is now generally accepted.

[princeyeboah]

It is rather unfortunate some investors only see the negative side of any coin with high volatility. Coins with high volatility are good choice for crypto trading because they have the potentials to rise within the shortest possible time. Sell to make profit when it rises and buy more when it drops in price.

[Rufsilf]

Bitcoin is always volatile that is why a lot is investing in it and since the price is going up then I guess that is the best reason you should hold because there is a chance it will go up even more and based on many speculations it can possibly rich $20,000

[playboy654]

Holding volatile valued thing can be profitable or loss as well based on when we are going to sell them.

If you are not going to be comfortable when the prices are falling then this might not suitable for you so just move to gold or something very stable.

[Noilee]

Not only you should hold, but you should buy more bitcoin. This days is the time to buy some BTC and hold them like 6 months if you want to make a little profits. Don't care about BTCU or anything like that you read on the news. Buy now before the price incrase again like it happened since december.

True, because this time the best you can do is to buy so that in the next more days you have a lot of profit, because there is a possibility that the price is increasing. While you have a bitcoin now, just keep it and wait for the best time.

[kr105]

Honestly, I support to buy more Btc in every circumstances, if you’re ready to hold it for long term. The volatility is the reason that people prefers Bitcoin. I believe that to hold Bitcoin for longterm is the most beneficial way. That’s what i’ll do for myself.

[romero121]

Volatility is one of the characteristic element of bitcoin. Being volatile has made more people invest into bitcoin, in a single day it can give users with the biggest profit as we can cause heavy loss. Whether it is volatile or not, growth is real and will continue taking the price reach new ath. People who consider it for investment should have patience to hold and there is nothing to fear about its volatility, all that need to give importance is keep the cryptocurrencies safe and secure.

[DainSLane]

When there is volatility of bitcoin price there is a time that bitcoin price maybe going down or up, you must have a good strategy when you are going to  buy bitcoin or when you are going to sell your bitcoin. If the price of bitcoin is down dramatically you should hold your bitcoin and wait to go up again.

[onecall123]

Bitcoin price keep lower now but its better to buy and reinvesting your money because next month have best moment where bitcoin and altcoin will be up to higher price.

Bitcoin price is back under 10K earlier today! Hope BTC will hold and bounce from this level. However, it's so volatile to predict the next move, yet investing into bitcoin is the most beneficial idea. This price action signal could be hinting at a decent bounce off at any time.

[sulendra12]

right and we also know before starting to invest, of course all the risks we will get, one of which is the price and value that we cannot know for sure, buy at a low price, hold and hold the sell when the price is high

And again that's easier to said than done. Many people trying to sell at high price, but they don't know when is the exact number of "high" price. It's a subjective stuff and become greedy is a stuff that you need to pay attention for. They lost the opportunity to sell because of greediness.