BTC is a roller coaster

[BitcoinNational]

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

Well Bitcoin is indeed like a roller coaster. Its market value has gone through lot of ups and  downs due to its natural volatility. Well it is not surprising for me since Bitcoin's price in the market is only dependent with the demand. And since demand is ought to be changing from time to time, same thing possiboy happens for its value.

Totally agree with you. Moreover, the last down in december was discussed a lot in this forum. so it wasn't a big surprise for the ones who has a minimum interest in crypto. A lot of person invest in Bitcoin without knowing how it works. So it doesn''t help to have a stable value

[Kemarit]

Of course it's a roller coaster, and if you know how to ride, this will bring you a lot of gains.
The extreme volatility in these days allows a profit even with little capital, if you have day trading proficiency.

This wild price swings makes bitcoin what it is. It's not for the roller coaster ride, I think bitcoin will not survived in its early years. And yes, we should learn how to ride it, otherwise you will be lost along the line. Look at how those early adopters are, if they didn't go with the waves specially when the whales started to come in the picture they would not be millionaires by today. They have find a way to make this roller coaster ride on their favor, and I'm sure by now we can also think that way. Like when we see that the price is going down, no need to panic buy to buy. And when the price is really at the top price, dump few bitcoins and try to re enter the market when it goes down again.

[tonyvo2017]

Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

Yes, I have the same question as yours. I was thinking a lot about the issues affecting the price of bitcoin but all is just my hypothesis. I need to know the issues that affect bitcoin from economists so that they can invest in bitcoin. You know, bitcoin is not cheap, so I can not invest without calculations. Many of my friends also say that the price of bitcoin will rise sharply in the future, which can not be reduced. I see the information they give me is suspicious.

[Assface16678]

Yes definitely its like roller coaster because its price has a sudden decrease and increase. Price swings so unpredictably, it could take 1 hour to drop it from $17000 to $16000. Drop is more often now than the increase than last year's performance of bitcoin but its a natural on cryptomarket, who knows one day morning when we wake up its price will be $25000, just dreaming.

[kkukkugaga]

Since btc is volatile, it really has unstable value. It really looks like a roller coaster, but the good thing is, when it goes down, it will definitely go up, and sometimes when the price value is high, the chance of sudden down is minimal, depend on the law of demand and supply. Thus, the chance of holding btc gives greater value because as you notice in the long run, it continues to rise.

[malah]

yes, that's true bitcoin like a roller coaster because bitcoin prices can go up high but can also go down quickly

[xbl1008]

It really is a roller coaster it pump so high it dump so low and the trill is everytime it soars and dive bitcoins is not for those who is weak hearted for you to profit in this market you need to endure the long wait and manage your emotions well for you to not give up and continue investing in the market because bitcoins market is not always on top it needs to get down before it climb again like the movements in the stocks.

[Tuyul Gupies]

if bitcoin prices are stable then many traders will change professions, because the income gained will be more difficult, so I think the rise and fall of the price depends on the demand of this user who will balance the circumstances of users there are profits and losses

[filtyfrank251]

This is perfectly understandable because in the financial markets all types of assets fluctuate, indicating the continuous sale of the market, certainly can not have any property continuously increase for a long time. and stable forever. I think bitcoin and the whole of the crypto market will rebound in the coming days as big investors return to the market after the long-term New Year holiday.

[camito]

Indeed bitcoin is a roller coaster, it can make us all dizzy because of its up and down price and this feature of bitcoin makes it more exciting and fun. Sure some of us fear that its value will continue to dump just like what's happening right now but let us not forget that after a great fall also comes great rise, higher than we expect it to be. This roller coaster ride may take us to the moon but in order to reach that, we should hodl on very tight.   

[Nana_Marini]

Sure that bitcoin like mini coaster. Sometimes it high price. But it is not time to bitcoin. Just be patient and waiting for many times if we have many bitcoins

[tapaibuccok]

I think this is still reasonable, for those who have investments in bit coin I suggest to be patient the price will be back to normal, I never hesitate with bitcoin I also still hold my coins and just swap some for the needs

[amazing24]

Bitcoin is a roller coaster yes it is like a roller coaster just like other currencies the price can be high or can be drop. Currency is unstable no matter what we say. Just for example Philippine money or peso and the USD. USD is high if it exchange in the PHP. But sometimes it can be lower than the natural price or exchange. Just like bitcoin we can't predict what will be its currency in the future. Just my thoughts.

[princesspoppy]

Yes bitcoin can be considered as a roller coaster and it is really is. Because of its pumping and dumping price, people feel the feeling of being in a roller coaster where they feel fear and hesitation on what will happen to them. But we all know that as long as we keep holding on, sooner or later we will feel that our fears passed away and later on we'll feel the excitement on riding that roller coaster. It is the same here in bitcoin, all we need to do is to keep holding on to our bitcoins, cause we know that we'll get what we wanted after all.

[bib24]

Bitcoin price depends on supply and demand in market, tendency of fluctuation is high.

[newgal2017]

Bitcoin being compared to rollercoaster is quite accurate. There are times that its value is at the top then suddenly its going down until it reaches the bottom. One moment you see it increases then it become slow, all of a sudden rapidly going down. The experience is very unpredictable and so is the price and state of bitcoin. But, it is what gives me and other users out there hope. Because whenever it is at the bottom it will surely go up, it will recover.

[yoseph]

Bitcoin price depends on supply and demand in market, tendency of fluctuation is high.

It's all because of the volatility volatility of bitcoins which is clearly because of a lot of people not currently investing in bitcoins as a result of various factors which includes the high fees being charged by miners nowadays.

[sizzle729]

That's what make it so interesting, the  roller coaster like movement of BTC, because of the price volatility, many investors and traders make a handsome profit out of it. So, lets buy , invest and trade and try to make profit out of it also.

[furry04]

The price from the begininning was a roller coaster and people knew it, it is very normal for the price to drop as it has seen a lot of rise and a correction shall come.

[Darklinkz]

A roller coaster that goes up and down but not like a real roller coaster that ends up on the downside but always manage to go up. It's a ride that is definitely worth it because it's a win-win in the end.