High Volatility in Cryptocurrency Market

[upyem2k]

The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.

[tippytoes]

The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.

This is the drawback when you are dealing with cryptocurrencies. The risk is very high as the volatility of prices is very high also. If you don't know what you are doing, your entire savings can be wiped off with just one trade of an altcoin that you don't know nothing about. You need to avoid pump and dump coins, most masternode projects and MLM-type projects. I do not have anything against them, but from what I observed, you can easily lose your investments in those projects.

[Antier Solutions]

The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.

Indeed but let's not forget that this risk is also involved in fiat currency (share/stock market), while trading.The only way one can survive and gain profits is to constantly stay aware of market trends.

[danherbias07]

That is difficult to be reached again.
20k is just too much and no one really expected. The correction was real at that phase.
It is just so unbelievable and we all know that is not the right price for bitcoin yet in this era.
But itt had grown again to a 5 digit number value. I guess next year we might see the real 20k price.

[Little_king]

The volatility in crypto is at high side , this is why many token or coin are dumped and never see a pump again as the community do bother trading them again because of their inactive or no support product to back their token.

But the volatile is still the reason for the high price in the crypto market which has contribute to the market survive so far from the integration.

[Torps1]

I believe with you that cryptocurrency is very volatile and as such has kept many investors on the lookout while traders who know how to navigate the market are busy making profit despite the market existing price action.

I hope the volatility be brought under bearable conditions in years to come so as to pave ways for more adoption.

[sjbi]

Yes bitcoin may go beyond its all time high price of around $20000 given the volatility of cryptocurrency. But I cannot tell what level of price it will hit in the future. Bitcoin fell sharply as low as around $3500 right after it hit record $ 20000. So we can assume that cryptocurrency is volatile and price of coins go up and down from time to time.

[jarhed]

Yes bitcoin may go beyond its all time high price of around $20000 given the volatility of cryptocurrency. But I cannot tell what level of price it will hit in the future. Bitcoin fell sharply as low as around $3500 right after it hit record $ 20000. So we can assume that cryptocurrency is volatile and price of coins go up and down from time to time.

If you are talking about the instability of cryptocurrency, then you need to emphasize that in this market there is a lot of speculation and the market itself is essentially young.

[ub27]

Volatility of crypto has both good and bad sides, depending on whether price goes up (favorable) or follows a downtrend (unfavorable). Anyone holding crypto knows this and should understand the risk involved. Well, we pray for continuous uptrend in coming years since some big players are gradually gaining interest in crypto.

[icekohl]

I think it is because of this, crypto market can attract so many players. Large fluctuations are very risky but also bring great profits. Regarding BTC prices, I think there are many people who have bought at the price of about $ 20k since 2017 and have not cut loss yet, so the selling pressure is huge. So maybe this year btc cannot pass this price.

[forexandcryptoauditor]

As soon as investors see some surge in bitcoin price, market moves accordingly. Apart from extreme volatility(more than 50% upward or downward movement in single day), market reacts to bitcoin price movement. We have to be or I should say, mainly traders, should be careful about the market trends to gain more and not to have losses.

[Ozero]

That is difficult to be reached again.
20k is just too much and no one really expected. The correction was real at that phase.
It is just so unbelievable and we all know that is not the right price for bitcoin yet in this era.
But itt had grown again to a 5 digit number value. I guess next year we might see the real 20k price.

High price volatility of Bitcoin and other decentralized cryptocurrency should always be, since its price will always be formed on the basis of supply and demand. Bitcoin will rise high and fall in its price many more times. Therefore, its former price record Bitcoin should reach, and most likely next year. However, the high price values will not last long. After their achievement, he is likely to fall again to his previous values.

[hrunya102]

I think BTC will be able to set new ATH records more than once, perhaps this year, this is not surprising.

[Piston Honda]

next 6 months gonna be goooooooooooood, CHOOOOOOOCHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[dataispower]

Crypto is truly highly volatile, and I think this will be favorable in the long run although it also has its bad sides. The good side being that BTC might soar high even above our expectations. The bad side being that terrible FUD might crash the crypto market. About BTC crossing the 20k benchmark , its feet possible in future.

[coaprotet]

BTC will reach new ATH this year, because there are too much great news that are warming investors' interests. Libra coin is about to launch its service, Bakkt exchange will open trading within the next several months and you also cannot forget about ETH 2.0, BTC and LTC halving and much more.