Bitcoin now a stable coin?

[bosta20]

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

[Awesomus Maximus]

This is a good thing. Bitcoin shows signs of a stable coin, keeping its price in a tight range for months. This doesn't mean the price won't change in the future. It only means that bitcoin is now more mature and can't be moved so easily. This is what the other stable currencies also show, for example gold. Long term it will rise, short term wont be so volatile.

[leowonderful]

Volatility has indeed declined recently for the USD/BTC pair that I'm looking at right now, but the price of BTC still isn't completely stable and there are still price movements of $100 and $50 every now and then. It's always possible to trade altcoins if you're looking for more volatility, but try to look at trading guides for inspiration to make your own new strategies. There is plenty of information out there in regards to trading in a less volatile environment on the internet for you to read; you can always take a break until the market becomes more volatile if you don't feel comfortable.

[secondbtc]

China legalize BTC and soon many countries will also do
and in such situation, BTC will rise

[osmo]

in my opinion at this time the price of bitcoin is quite stable at the price of $ 6300 - $ 6400, from the price movement it can benefit. in my opinion altcoin also has good potential in trading, so the choice is in your hands, altcoin and bitcoin can both provide benefits in trading

[jcpone]

This stability of bitcoin might be experts are saying as one of the criteria for bitcoin to go mainstream adoption. Though there are still fluctuations but the prices play around $6,600. This stability at low price is not a good news for bitcoin investors especially those who bought just last year. But, I would say that stability after 10 months of bloody months is a lot better.

[proTECH77]

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Bitcoin is not like Tether and will not be. The stability of Bitcoin has been over waited for and we should be happy for seeing it stability at last. Though the sudden surge of Bitcoin price will be experience which will not be as before, let remain calm to see another Bitcoin bull run.

[tdrinker]

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

There's still a reasonable amount of volatility with bitcoin and it won't remain as it is for much longer. The easiest way forward if you want more volatility is to trade in alt-coins instead of bitcoin. Their price fluctuations are far more pronounced than those of bitcoin.

[1Referee]

Nearly every top tier crypto has reached a point at which it bottomed out and can now be seen as a stable coin.

If you know how to leverage the smaller fluctuations, go for it, if not, then don't do anything and accept that the market isn't going anywhere. Is it really that bad to just hodl your coins? It's the safest option; trading a market that's barely tradable for most people only results in losses.

It's basically the same with the price; people only realize that stability around $6000 is good when the price tanks to $5000. That's the moment people will think, oh, $6000 wasn't all that bad.

Try to utilize the time that you have in a more productive way, because waiting for the price to go up is a waste of time.

[bravehearth0319]

For the past 2 months, the volatility of bitcoin is very low. Bitcoin's price can somehow be classified as stable but at low price. This stability may attract investors to feel positive about the market and hoping that might bring bullish market next year.

[Yatsan]

This is a good thing. Bitcoin shows signs of a stable coin, keeping its price in a tight range for months. This doesn't mean the price won't change in the future. It only means that bitcoin is now more mature and can't be moved so easily. This is what the other stable currencies also show, for example gold. Long term it will rise, short term wont be so volatile.

Also my thought of quite stable price of bitcoin this is not a total goodness or badness for bitcoin but it is showing and reflecting how bitcoin holder and traders are discipline enough for the current market situation. Having bitcoin in tight range ? we'll get used of it in the long run.

[ShadowBits]

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

I think Bitcoin isn't that stable right now because it may still go up for a much better price than before, and it would keep on being expensive year by year.

[Lazada]

This is a good thing. Bitcoin shows signs of a stable coin, keeping its price in a tight range for months. This doesn't mean the price won't change in the future. It only means that bitcoin is now more mature and can't be moved so easily. This is what the other stable currencies also show, for example gold. Long term it will rise, short term wont be so volatile.

yes, bitcoin is in a condition to convince investors and the government. in fact with the current stability, the government will support bitcoin more. because basically the government was still worried about the volatility of bitcoin. this can be a good change for the development of bitcoin and we will be heading towards a crypto ecosystem that is far more convincing in the future.

[Om.monata]

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

tether is indeed a stable coin, but I think bitcoin can be a stable coin. we speak of prices from year to year the price of bitcoin has always been increasing, and bitcoin is dominating the market today. so I think this is a good thing to make a choice.

[bosta20]

This is a good thing. Bitcoin shows signs of a stable coin, keeping its price in a tight range for months. This doesn't mean the price won't change in the future. It only means that bitcoin is now more mature and can't be moved so easily. This is what the other stable currencies also show, for example gold. Long term it will rise, short term wont be so volatile.

Yes ....lol ...therefore can we term it a stable coin?

[bosta20]

Volatility has indeed declined recently for the USD/BTC pair that I'm looking at right now, but the price of BTC still isn't completely stable and there are still price movements of $100 and $50 every now and then. It's always possible to trade altcoins if you're looking for more volatility, but try to look at trading guides for inspiration to make your own new strategies. There is plenty of information out there in regards to trading in a less volatile environment on the internet for you to read; you can always take a break until the market becomes more volatile if you don't feel comfortable.

Thanks boss...i agree with u sir! Nice thoughts!

[Crypto_Samuel]

Bitcoin is showing more stability recently. As I see it, the wild swings that we witnessed in November - December of last year may actually be the thing of the past, the market is getting more mature and its further development will be influenced by cryptocurrency adoption by the general population and general integration of crypto and blockchain technology into existing financial infrastructures

[audaciousbeing]

In saying that bitcoin is a stable coin would be making a conclusion on the basis of current happenings which is not permanent. Yes current situations have shown that bitcoin is showing signs of being a stable coin but that does not make it one. The margin we seen in the last couple of weeks have been +or- $100 but its a moment that I believe would likely pass very soon because stability at this time is saying bitcoin has grown to maturity without any for further growth and that is really far from reality.

[Capt00]

I didn't surprise into Bitcoin even now were at a stable price because I know there is no permanent price in the crypto world all things gonna change once there is a volatilization. Some of us still hoping that Bitcoin at the end of this year was gonna raise up because we expected of bull run at that time that usually happens in market price history. Keep on holding as long as you can, I know there are changes coming.

[farosa]

Bitcoin's price is stable compared to the previous one, although not as much as the USDT. It is not known what the cause is and when it will return to its nature. But, the innovations we have been waiting for lately may prevent the price to move.