Kevin77
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December 21, 2017, 05:32:21 PM |
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The huge volatility in bitcoin is not a bad thing, it is a common market trend in crypto-currencies market, but it might pose some dangers to new investors who are thinking to get rich with crypto-currencies overnight as they might loan a huge amount of funds from banks to invest in it, and if there is a huge price dip, it could spell troubles for them.
Yeah, it is just a normal thing that comes with a market and there is nothing we can do about it. This is a decentralized market and we all know that means it is not a controlled environment like fiat. Still, the fact that BTC and cryptocurrency at large is still in their early phase is one of the reasons we keep seeing that huge volatility for now, over time, things will definitely change. Many people are not supposed to be scared once they understand the volatility. Also, the volatility should even be the last thing, as the main thing is the future and for those who are going to end up holding for long when bitcoin is better established are going to be the ones having a very good time eventually. For now, it is better to get used to it and then see how things turn out in the future.
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Sweeet123
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December 21, 2017, 05:54:34 PM |
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Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? As long as the volatility is in upward direction it ain't a bad thing
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Mobshady24
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December 21, 2017, 05:55:59 PM |
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With recent trading in exchanges all of cryptocurrency are very volatile as of now especially eth, In my opinion i think it is not a bad thing because as you can see many people earn from crypto being so volatile that they could exchange their coins higher from what they paid in just a short period of time but with that it is always associated with risk though i am in the side of good thing.
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Magister Magus
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December 21, 2017, 06:24:40 PM |
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Not at all. For the experienced trader, volatility is heaven on earth; it means unstoppable possibility of gain. Of course, if you don't know the job, you lose.
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coinplus
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December 22, 2017, 04:19:31 PM |
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For day traders and short-term investors, volatility presents an opportunity for making profits. By correctly predicting the short-term trends in Bitcoin, traders can make substantial profits; much more than investors who have a buy-and-hold strategy.
Yes, this is not something we can change for now. First off, all markets are volatile and even the Forex market is as volatile as this one and the only difference is that the Forex market is a controlled one. On the other hand, the crypto space is a decentralized one and that makes it volatile coupled with the fact that it is a new world and a lot of people are just experimenting for now until it gets big.
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dogandogru
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December 22, 2017, 06:12:11 PM |
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It depends on how you view the market and bitcoin itself. If you are taking bitcoin as an investment then it volatility might be quite helpful for you if you can predict correctly but on the contrary if you view it as a currency then its volatility is stopping it from becoming a mainstream method of payments.
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itsmeram
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December 22, 2017, 06:47:19 PM |
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Not a bad thing, but of course that it is sometimes a little bit risky. What if you bought bitcoin at $10000 and during the following day it goes to $9000? Or what about the last few days in where bitcoin grow up by more than $2700 in just a single day?
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WasTriffin
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December 22, 2017, 07:10:31 PM |
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Volatility simply means the price of something moves a lot Volatility is NOT the problem .. In fact HIGH VOLATILITY is the main reason most TRADERS are in crypto .. When the EXCHANGE that you're using arbitrarily suspends access to their trading platform Now .. That's a PROBLEM .. WasTriffin ..
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Karmakid
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December 22, 2017, 07:35:50 PM |
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I think it really depends on your point of view , There are some who are really enjoying it while the price is dropping down because they could buy some at a low value , And there are others who hates it when the price goes down because they are losing some of their potential money.
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kimochidesh
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December 23, 2017, 03:24:46 PM Last edit: December 24, 2017, 07:59:15 PM by kimochidesh |
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If you are a trader then I think Volatility provides you a better opportunity to earn money than a stagnant or predicted market. A professional trader with knowledge and skills to analyzing & predict market can earn a lot in such market conditions.
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ModGirl
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December 26, 2017, 10:42:11 PM |
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If you are a trader then I think Volatility provides you a better opportunity to earn money than a stagnant or predicted market. A professional trader with knowledge and skills to analyzing & predict market can earn a lot in such market conditions.
I think the beauty of bitcoin is its volatility and people are really happy with it and the main thing which bring so much higher profit Is volatility and I think if bitcoin become stable then there will be no one who will invest in it because people want sudden rise and fall to make money and to buy more coins on lower prices and I think with volatility whole investor community is very happy and we need same motion to continue,
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CloudStrife
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December 26, 2017, 11:21:51 PM |
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Having a volatile price means that people have freedom to set their own prices, which is something to be expected from a decentralized asset, which is traded in a free market.
Under different conditions, we would have governments and banks setting the price of it, which history has shown is a very bad idea.
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reymartH
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December 26, 2017, 11:27:22 PM |
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For day traders and short-term investors, volatility presents an opportunity for making profits. By correctly predicting the short-term trends in Bitcoin, traders can make substantial profits; much more than investors who have a buy-and-hold strategy.
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plurred12
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December 26, 2017, 11:40:29 PM |
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Bitcoin Volatility i guess is not a bad thing specially when the market goes up even higher that is an advantage to all investors because of the rate of return is high. Decreasing in value is not so big compare to increasing so i can say thag volatility is not a bad thing.
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heartrodriguez28
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December 26, 2017, 11:41:51 PM |
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It's not bad for traders, but businesses and investors will have a difficult time since it will look unstable and uncertain to them which is bad for business.
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zhelis74
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December 26, 2017, 11:58:30 PM |
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For day traders and short-term investors, volatility presents an opportunity for making profits. By correctly predicting the short-term trends in Bitcoin, traders can make substantial profits; much more than investors who have a buy-and-hold strategy.
Yes, that is normal as a crypto currency it is the adverse effect of buying and selling in altcoin or the bitcoin itself and i agree that volatility of bitcoin can give chance of small investors and trader to gain profit by keeping monitoring the trend.
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AriannaSantosUU
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December 27, 2017, 12:10:05 AM |
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Volatility also presents an opportunity for making and having profits. By correctly predicting the short-term trends in Bitcoin, traders can make substantial profits, much more than investors who have a buy-and-hold strategy. The highly volatile markets also create demand for secondary derivative products like options.
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nethan1btc
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December 27, 2017, 12:37:31 AM |
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Volatility also presents an opportunity for making and having profits. By correctly predicting the short-term trends in Bitcoin, traders can make substantial profits, much more than investors who have a buy-and-hold strategy. The highly volatile markets also create demand for secondary derivative products like options.
You're quite right in you thoughts and for my opinion, I think the volatility of bitcoin is not bad which is seems part of the system before it is being made by the creator as a first digital currency. And without the volatility of bitcoin seem there's no way of it to make it demand which we can notice nowadays that bitcoin is really on the top and maintaining fluctuates into $17,000 to $18,000 that we considered as highly profitable compared other coin.
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Flexibit
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December 27, 2017, 01:44:55 AM |
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If experts are right, one of bitcoin's prevailing characteristics could also be its biggest problem – a fixed supply that helps to send prices yo-yoing. They say that cryptocurrencies with flexible supply would help to avoid scaring everyday users away.
Even in bitcoin's digital universe, the same basic economic rules apply, with price being determined by supply and demand. Bitcoin's algorithm makes the supply of bitcoins predictable, with a constant stream of bitcoins distributed via block rewards that halve at a preset rate. This leaves demand to fluctuate.
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ApocalypseNow
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December 27, 2017, 01:59:28 AM |
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It's really a bad thing and it's not applicable for any stores because they have a strict implementation on using their funds so if they accept it then it's going to be changed because btc price is always moving up and down.
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