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Author Topic: Stability of bitcoin  (Read 280 times)
ethereumhunter
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May 08, 2022, 10:39:30 AM
 #41

I think the high fluctuations in bitcoin prices make anyone interested in bitcoin, if the bitcoin price is stable then many investors will switch to other types of investment because the investment goal of course is profit.

We invest in bitcoin hoping to get profit or get rich from it so don't expect bitcoin to be stable. I think if bitcoin stabilizes, many speculators will leave the market because bitcoin is no longer profitable for them. Once interest in bitcoin wanes bitcoin price will also not be able to maintain stability. Volatility is necessary for the growth of bitcoin, the more volatile bitcoin is the higher our chances of making a profit.

There will be no trading will happen if the price of bitcoin became stable and there's no reason for investors to use this if we are expecting this to became stable so its really impossible that this might happen in future. So for sure majority will select the high volatile bitcoin that a stable one because chances for gaining profit on it will gone.

It all happened because nowadays, everyone wants to profit from bitcoin so that makes the price unstable. The volatility of bitcoin will always be there and if people can use that volatility, then they can only benefit. Apart from that, they also invest in bitcoin because they want to make a profit in the future. People try to buy low and sell high so that keeps the price changing all the time. If they want stable prices, maybe they can choose stable coins but the benefits are not like if they choose bitcoin.


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May 08, 2022, 11:11:29 AM
 #42

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively

What do you mean by the market working effectively?Isn't the current Bitcoin market working effectively?
I think that having price volatility is a proof that the BTC market is effective-lots of people are buying,other people are selling,the price is moving up and down,because the buy and sell orders cannot be balanced all the time.
It has been stated many times on the forum,that a stable Bitcoin price cannot be achieved.
Even if this is theoretically possible,it will simply make Bitcoin boring and a lot of traders/investors will leave the BTC market.




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May 08, 2022, 01:37:17 PM
 #43

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
To call one of the most volatile market in any financial sectors as a stable market needs some nerve  Cheesy. Do not listen to people who claim that the price would only rally. For every market to sustain the market needs to move in either direction and you need to be smart enough to identify those situations and book your profit and that is the most important aspect in a market.

In the next few years you cannot expect the price to be stable. You can still expect major fluctuations in either direction.

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May 08, 2022, 04:03:00 PM
 #44

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
nope, its not created to become stable in the space, and if there's a situation that the price of bitcoin didn't make progress and seems stable in a significant level it means a consolidation, what does it means? Well as far as i know the holders is keep holding and big institutions don't want to see the price fluctuate more from the support reason it's happening and the advantage of it is there's a tends to bounce depends on the demand in the market.


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May 09, 2022, 07:28:50 AM
 #45

It's time to make strict regulations to protect bitcoin and cryptocurrencies, the bitcoin market cap is already large and widely used for fraud, if top exchanges agree to make regulations, it is certain that investors will get guarantees so that bitcoin prices can be more stable.

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May 09, 2022, 10:58:06 AM
 #46

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

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May 09, 2022, 01:21:35 PM
 #47

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

There are people who sell because of panic, that's why the market is very volatile due to that kind of actions. And of course, while some people panic, some people will also enjoy the dip as they can accumulate and wait until bitcoin will bounce back. Just like the current price, most likely bitcoin will drop below $30k due ot its bearish movement, but after that, we can also expect that bitcoin will recover because it never fails those who trust and home while the price is dumping.

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Baofeng
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May 09, 2022, 02:00:00 PM
 #48

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

There are people who sell because of panic, that's why the market is very volatile due to that kind of actions. And of course, while some people panic, some people will also enjoy the dip as they can accumulate and wait until bitcoin will bounce back. Just like the current price, most likely bitcoin will drop below $30k due ot its bearish movement, but after that, we can also expect that bitcoin will recover because it never fails those who trust and home while the price is dumping.

We have broken down to $32k, so this is really a sign that we are in a bearish trend. And I think more people are going to sell because they think that it will go lower. Can't blame them to sell right now and then buy later when the price goes below $30k, simply strategy by effective. But then we have those strong and diamond hand who don't panic but panic this dip in this cycle. And for the stability, I don't think we will see it happening, specially with the current movement this May.


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GreatArkansas
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May 09, 2022, 03:18:07 PM
 #49

It's time to make strict regulations to protect bitcoin and cryptocurrencies, the bitcoin market cap is already large and widely used for fraud, if top exchanges agree to make regulations, it is certain that investors will get guarantees so that bitcoin prices can be more stable.
I don't think it has something to do with the price of Bitcoin especially the stability because sure even if top exchanges or will combine, still, the government have the choice about regulations, they have nothing to do about it, and they are just following it.

With the recent dump of $40,000. For me it is normal because it is not only Bitcoin, look at other markets like stock markets, they are affected too. For me now, Bitcoin is became more natural when it terms to price compare on previous years.

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..BUY/ SELL CRYPTO..
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