Bitcoin's High Volatility

[Ranly123]

Bitcoin volatility is known to be high, as is shown by comparing Bitcoin volatility to several currencies and to assets like stock, gold etc..

Bitcoin is not the same level as the stock market, gold and other type of investment because bitcoin is so different and it is a better type of investment if you are into high risk investment but a high chance also to make profit because in the long run, as the demand and popularity for bitcoin grows, it will surely give a huge impact to the price which will be the cause for your investment to grow.

That would be right,Bitcoin has high volatility yet also having high return in a long term investment. Unlike gold, Bitcoin holds a lot of promises to investors to gain more than what they can earn in a traditional investments.

[RudeeTam]

This came about because of the massive FUD drive to get bitcoin down then the massive buys by the perpetrators so they can profit when it goes back up again. It has become a thing and they are taking advantage of it.

[heraldlazaro25]

As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.

It is true that bitcoin do have a high volatility that makes it amazing as well as very profitable for us. Because of that, many people wants to invest a huge amount of money so that they can earn a large amount of profit as well.

[Ultegra134]

Bitcoin volatility is known to be high, as is shown by comparing Bitcoin volatility to several currencies and to assets like stock, gold etc..

Bitcoin is not the same level as the stock market, gold and other type of investment because bitcoin is so different and it is a better type of investment if you are into high risk investment but a high chance also to make profit because in the long run, as the demand and popularity for bitcoin grows, it will surely give a huge impact to the price which will be the cause for your investment to grow.

That would be right,Bitcoin has high volatility yet also having high return in a long term investment. Unlike gold, Bitcoin holds a lot of promises to investors to gain more than what they can earn in a traditional investments.

Bitcoin's and all Cryptocurrencies' volatility are also one of the features that make it famous nowadays. If the price was stable, I guarantee you, it wouldn't be so successful now. High volatility means unlimited profit potential, which is driving all investors - traders nuts. We all have seen BTC drop to $6000 and the next 2 days recover back to $9.000-10.000, the potential for profit is astonishing.

High volatility is not necessarily bad, as many people think it is, you just need to claim its full potential.

[ceferov]

Bitcoin or other cryptos are still very risky. Countries  hardly show their good face to crypto so normally people fear to lose their money and they sell as soon as they see any bad news. And due to people think others will sell they sell too and it makes drop bigger same as for good news

[Triyavam]

Everyone is hesitant to adopt bitcoin because of its volatility,
Currently volatility is lower than in other currencies,
Bitcoin should be more stable, so traders will adopt it as a payment option, I hope bitcoin can be more stable,
bitcoin affects volatility in other coins used for bitcoin exchange,

[rancidgash]

Everyone is hesitant to adopt bitcoin because of its volatility,
Currently volatility is lower than in other currencies,
Bitcoin should be more stable, so traders will adopt it as a payment option, I hope bitcoin can be more stable,
bitcoin affects volatility in other coins used for bitcoin exchange,

One reason why Bitcoin may fluctuate against fiat currencies is the perceived store of value versus the fiat currency.  Bitcoin has properties that make it similar to gold.  It is governed by a design decision by the developers of the core technology to limit its production to a fixed amount, 21 million BTC.

[supercanada1]

Bitcoin volatility is known to be high, as is shown by comparing Bitcoin volatility to several currencies and to assets like stock, gold etc..

I agree that bitcoin is volatile, the reason behind is because of its demand and supply. The higher the demand would definitely affect positively the price value of bitcoin, since the amount of bitcoin is just limited. Therefore, its good that a lot of people would support and use bitcoin so that we would also gain profit.

Right now the demand is very high and it is increasing he price of bitcoin more and more so you are right it is the true bitcoin demand and supply can affect the price of bitcoin, as low supply and high demand can increase the price of bitcoin, I am sure it will rise more and more because bitcoin in market is not available now a day so that people could buy, investors are hungry for bitcoin they are ready to buy at any cost now, so if you have bought bitcoin at low price then you are going to be rich soon mate be happy now.

[marjil]

You are, in some respects, right in that bitcoin's volatility is very high. What this means is that the price can move:

- very quickly, in short spaces of time
- by large amounts in absolute terms, that means in overall size of movement
- by large amounts in relative terms, that means in percentage change terms.

So, for example, the last of these means that bitcoin's price can change by 1%, 5%, 10% or even 20% and more in a single day. No other asset has this volatilty.

With volatilty comes risk. And with risk has greater potential reward. A 20% change in price means you could be 20% richer in a day. Where else can you get that? Answer is nowhere. But also, the reverse is true. That means you could also become 20% poorer.

We have seen all these scenarios with bitcoin, and with all the alts too, so we know they happen regularly.

The volatility of bitcoin provides unique opportunities not available elsewhere. But it also provides unique challenges to overcome too.

If you know what you are doing, and are brave enough, you can use the volatilty to your advantage. But you need to be ready and able. Volatilty is a double edged sword that can be mastered by some, lost by others.

[Scallywag]

most of it is because it is an unregulated market , where certain people are making good money on the volatility of bitcoin. on the other hand i also think it attracted a lot of new people to bitcoin , but these people don't see the value they just see a way to make a quick buck. and once the price goes down they will panic sell thus causing the price to go even lower. it is a bit of a circle if you look at it like that.

[minersday]

The problem is that most banks and governments want to regulate cryptos as soon as possible, but why do you think that most of them haven't done that yet?

Because they are involved too.. that is the only reason of why they are taking so long in most countries.

Bitcoin or other cryptos are still very risky. Countries  hardly show their good face to crypto so normally people fear to lose their money and they sell as soon as they see any bad news. And due to people think others will sell they sell too and it makes drop bigger same as for good news

[plucking23]

For now, since many people are now users of bitcoin, it is quite impossible for it to reach 0. But if we compare the users and all of the population, we still are in a very low number. That is why bitcoin's price is very volatile. It can have a drastic change when a big time investor sells or buys bitcoin. A region can also affect bitcoins price, like nationwide banning of bitcoin and like so.

[Samk]

ITS THE QUALITY OF THE BITCOIN AS IF U WAN TO INVEST FOR LONG TERM THEN I WOULD RECOMMEND TO INVEST COS IN THE LONG RUN ITS VALUE WILL SURELY INC IF U WANT TO JUST DOUBLE YOUR MONEY IN SHORT TIME THEN DEPEND ON YOU WHERE DO U INVEST AND OTHER FACTORS. THE HIGH FLUCTUATION IN THE PRICE IS DUE TO THE MANIPULATIONS BY THE WHALES OF BITCOIN. AND ALSO DUE TO THE " FUD ".

[aencarnaci]

ITS THE QUALITY OF THE BITCOIN AS IF U WAN TO INVEST FOR LONG TERM THEN I WOULD RECOMMEND TO INVEST COS IN THE LONG RUN ITS VALUE WILL SURELY INC IF U WANT TO JUST DOUBLE YOUR MONEY IN SHORT TIME THEN DEPEND ON YOU WHERE DO U INVEST AND OTHER FACTORS. THE HIGH FLUCTUATION IN THE PRICE IS DUE TO THE MANIPULATIONS BY THE WHALES OF BITCOIN. AND ALSO DUE TO THE " FUD ".

All those who are there in the world of crypto currency since some good period must be very aware of this fact that all the crypto currencies are very much volatile in nature and that it is because they are meant to help people in making more money by taking the maximum advantage out of that. However, you need to do the things very much carefully especially when the market is going down.

[Rashid555]

All the currencies are associated with one another and because of this the market for the currencies are very volatile and if we think about the crypto so it i clear that the crypto market are good and the currencies are volatile and the market demand also affect the currency volatility and if we have to hold this currency then sometime we think about the bitcoin extremes.

[Noelbetty12]

Bitcoin's volatility is uncontrollable because of the high demands in the market. While being so popular many would try to invest on it, hold coins for a long time and when the user is sure to gain profit they would then sell it. This causes the volatility. The reason why the price changes every hour at an unpredictable rate.

[JPage]

Bitcoin's volatility is so high , that why exchanger take 10-15% just to buy crypto for Fiat , and a lot of people do not like that and claiming that is very high taxes but if look that bitcoin could go everyday +- 20% so that taxes looking normally because exchangers have also big risk to loose money , i mean like telegram bots and localbitcoins

[BitcoinLoan]

Bitcoin's volatility is so high , that why exchanger take 10-15% just to buy crypto for Fiat , and a lot of people do not like that and claiming that is very high taxes but if look that bitcoin could go everyday +- 20% so that taxes looking normally because exchangers have also big risk to loose money , i mean like telegram bots and localbitcoins

It might seem quite intuitive for you that high volatility coincides with high volume and price drop. When markets panic, prices can drop massively that brings in even more sell orders as everyone tries to close their positions.

[FoBoT]

The Volatility of Bitcoin which had been from it's inception shall continues to be witnessed as long as Bitcoin exist. But this does not mean to say that it is rendering Bitcoin useless in any form. You just have to study the Market trend in this volatility and play along with your own wealth of experience about it. Reasons like widely spread negative rumors about Bitcoin at times, Big whales manipulation, elasticity of its demand and sales are part of the causes, which are normal to Bitcoin existence. Just trade with caution and don't bite more than what you can shew.

[Biasaae]

Bitcoin's volatility is so high , that why exchanger take 10-15% just to buy crypto for Fiat , and a lot of people do not like that and claiming that is very high taxes but if look that bitcoin could go every day +- 20% so that taxes looking normally because exchangers have also big risk to loose money, I mean like telegram bots and localbitcoins

It might seem quite intuitive for you that high volatility coincides with high volume and price drop. When markets panic, prices can drop massively that brings in even more sell orders as everyone tries to close their positions.

Yes of course when the price of Bitcoin down very drastically, for some people even want to sell it in order not to lose more. But for some people will still maintain even want to buy it at such a cheap price. The more that sells Bitcoin is definitely the price of Bitcoin will go down.