High Volatility in Cryptocurrency Market

[Antier Solutions]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.

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[Jpti]

We all know that the crypto market is volatile. Given this volatility, most of the coins go up and down in no time. It does happen whenever there is a good or bad news surrounding cryptocurrency. For instance, bitcoin reached at its peak of $20000, and dropped as low as $3700 in a short period. Again bitcoin increased high due to Facebook issuing its digital currency called Libra.

[bolshojkush]

We all know that the crypto market is volatile. Given this volatility, most of the coins go up and down in no time. It does happen whenever there is a good or bad news surrounding cryptocurrency. For instance, bitcoin reached at its peak of $20000, and dropped as low as $3700 in a short period. Again bitcoin increased high due to Facebook issuing its digital currency called Libra.

In the first Libra has not yet been released, and secondly the news about the planned release of Libra did not affect the growth of bitcoin. This is the market, bitcoin groped the bottom, now its rate began to grow. This has been repeated many times since its inception.

[semobo]

The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

No..

The price raise happening before as well and the facebook took this situation into their advantage and released their project and nothing libra can be doing for the crypto market.

[coinporch]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

high volatility in crypto market is good for the people who can take an advatages from this volatility
because they can got huge profit in short, but remember the risk also higher in this crypto market
also i believe bitcoin will touch $20K or more, but maybe not in this year buddy

[tenebriscaelum]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

high volatility in crypto market is good for the people who can take an advatages from this volatility
because they can got huge profit in short, but remember the risk also higher in this crypto market
also i believe bitcoin will touch $20K or more, but maybe not in this year buddy

Though there are also disadvantages in high volatility. As we can see that not all investors, traders, and hodlers are experts in seeing the signal of the market declining. As such once it happen there will be negativity in these group of people which will be the majority of the crypto space. Hopefully there this bullrun everthing will be different as many of us already learn form the last bull run.

[Pyrojason]

Yes.

When though.. before the 8th? Eh.. it might draw back more. Many "experts" are expecting another pull back of 3-4k before a larger spike.
Investment and industry interest vs retail interest - it's getting more well known this cryptoverse but you'll know it's "Mainstream" when Walmart has paper wallets for sale.
(Obviously more likely would be a virtual WM coin or something. I just like physical wallets.)

[Red-Apple]

The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

it is funny how the same false statement is being repeated on bitcointalk with throwaways accounts! it makes you wonder who is creating all these accounts to make this statement!

in any case, like i've said before bitcoin price rise had nothing to do with Facebooks shitcoin just like for the past 10 years that it went from 0 to $20000 it had nothing to do with Facebook and shitcoins like it.

[Antier Solutions]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

high volatility in crypto market is good for the people who can take an advatages from this volatility
because they can got huge profit in short, but remember the risk also higher in this crypto market
also i believe bitcoin will touch $20K or more, but maybe not in this year buddy

I agree with you, volatility is good for high risk taking investors. Such investors need to stay very up to date with market condition to benefit from the same.

[CryptoAlphaStar]

Volatility is not a bad thing if you want to earn money buying and selling coins and assets. It is a bad thing for mass adoption.
But if you are a small player, do you really need mass adoption? There are the volatile periods, that enable you to lock profits and there is also enough liquidity for a player of your caliber and league.

[Japinat]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

I don't consider it a fall, it's most like just a drop or correction because bitcoin is back now to a good price, it reached $12,000 today and now currently trading at $11700, there's a big volatility and we shall see this many times in the bullish market now.

Facebook hype remains, they say buy the rumors and sell the news, but after the news, it has not dump, instead people sees a long term effect to the market on the arrival of Libra, and if we see some growth now and we can convince that is organic, we should believe more next year as they will launch next year.

[Pyrojason]

Buy low, sell high!

Not just in a generic cover-all kind of statement but - seriously follow the ebb and flow and get in, get out... but always keep some. If you're not sure.. only sell half. Buy more the next time around.
There's always a next time. Or someone's next time, at least.

[bittick]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

Libra will have delayed due to the latest news, i thought that the attention will be focussed to make bitcoin grow even more. Forget libra and US regulators have taken a decision to prevent it.
This time we are waiting for the impact that will be created by the block halving of bitcoin.

[beerlover]

I still can't believe people think that the comeback was caused by facebook and libra. First of all facebook has been known to look into cryptocurrency world far longer than this increase, they have been looking into it for over a year right now, the earliest article I can find about facebook and crypto currency is based on 2018 march, so we know they liked the idea.

The closes we have is June 18th when they decided it will be libra and made it open to public. So, why would anyone think a bitcoin that got increased since April has been affected at all by facebook I would never know. I mean even if the price were to be affected by facebook, the times do not match, nothing happened in April about facebook and libra that would make bitcoin go up, there has been rumors for over a year and it became reality in June 18th, what does it have to do with bitcoin going up in April?

[Saisher]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

The high volatility in the market is what makes investors make a profit if you are good in reading the chart and history of the coins you are supporting and had confidence in what you invested in, then there is nothing to worry, good things will be on your side.

[Caladonian]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

The high volatility in the market is what makes investors make a profit if you are good in reading the chart and history of the coins you are supporting and had confidence in what you invested in, then there is nothing to worry, good things will be on your side.

This high volatility brings more players inside the market, not just because of certain project being announced, investors loves to take the risk and invest their money hoping that it will bring good growth for their investment, if you are confident that the assets you invested in are god enough to bring you great responds then all you have to do is wait and see the outcome.

[Pet240]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

You made a good statement at first by saying that the market capitalization received an improvement, but you then missed when you attributed the increase to the announcement of Facebook coin, which is out of it.
There are so many other factors that could have contributed to this, and not because the lunch of a particular centralized coin has been announced.

[guoyu78]

The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.

You guys will just create your own news through your opinion and stamp it as if that was exactly the case, what has Facebook announcement gotten to do with the increase of bitcoin of recent. First the project has not been released, secondly, this coin has haters more than the lovers, and moreover, bitcoin had started spiking so high before there was even a rumor that they are planning to launch their own coin.

I have invested so much in bitcoin this year, and I didn’t do that because I heard of Facebook and Facebook news never even gingered me for once to put more money in the coin. So you better not link the progress of bitcoin to this Facebook coin that is still faceless for now. Till the coin is being released before we can see any of its impact on the cryptocurrency market in general.

[Samboo]

Cryptocurrency is volatile to some extent and as a result, there is rapid fall and rise in price of coins. For instance bitcoin reached over $13000 recently, and dropped to $9000 in a short span of time. The volatility of the market is influenced by good or bad news surrounding cryptocurrency. Facebook issuing its own digital currency has definitely had an impact on the market.

[Getmon]

First point: Bitcoin will not only get back to $20,000; it will definitely surpass that price. Only time will tell though when that will exactly come. But one thing is for sure, it will come. $20,000 will become a thing of the past for sure.

Second point: It does not need Libra or whatever altcoin for it to get back to its previous ATH. With or without Libra, Bitcoin flies high. Libra, after all, is just a follower of Bitcoin.