Price fluctuations - Opportunity or despair?

[fabiorem]

For most people, I see despair, blood and death.

It is a problem, because there is a lot of material on the internet telling you all about bitcoin: how it works, how it was conceived, what is its purpose, etc. Still, most people use the internet only for gossip and intrigue in social networks or for toxic subjects. Its sad, but humanity will not change. People have been programmed to be slaves and there is nothing we can do about it.

[Hippocrypto]

I will have to consider this a big opportunity for buying my favorite coins that has gone so cheap of price at exchanges. This is our best time to pick our selections before another bounce could take dominance. Don't waste this very important chance, grab while the iron is hot and once you let this go you'll regret in your entire life.

[veleten]

you got to understand and live with the fact that bitcoin price is volatile and unpredictable
unless you are a whale that can influence the price by buying or selling huge chunks of coins , there is no predicting the price and even trend
BAKKT was expected to have a positive influence and resulted in a 2000$ price drop , well not exactly the BAKKT was the reason , of course
but what I'm trying to say that there are no direct cause-effect connections between  the news and the price
I would not despair even if btc went down to 4.000$ , don't we remember May of this year and 3.200$ levels?
8.000$ is a good position to be , bitcoin could go either way and in any case I'd be looking for opportunities , see cheap coins - buy them , think that there is going to be a drop - sell
easy peasy 

[el kaka22]

Well, the answer to this would obviously change depending on which direction it fluctuates. For example, when it was around 3-4k and moved to 20k people were crazy happy about the volatile part of bitcoin, they thought it was amazing and they believed it could continue and if you asked them what they were thinking about fluctuations then they would say it is the greatest part of bitcoin.

However, it dropped a lot recently and now when you ask people what they think they say its horrible and they wish they knew it was going down so they could get out of bitcoin etc etc. That is why I think when you ask about the fluctuations would reflect more on answers than fluctuations itself. Just know that fluctuations exist and if it fluctuates up then it would go down as well.

[wheelz1200]

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?

There is always money to be made on the upside and downside in any volatile market.  But you hit the nail on the head, trying to make sense of what the next month will look like is near impossible, glad I dont short term trade because it would drive me nuts.  Buy the dips and cost average down and sell some profits on the way up.  I wouldn't worry too much on the daily/weekly moves.

[carlfebz2]

Well, the answer to this would obviously change depending on which direction it fluctuates. For example, when it was around 3-4k and moved to 20k people were crazy happy about the volatile part of bitcoin, they thought it was amazing and they believed it could continue and if you asked them what they were thinking about fluctuations then they would say it is the greatest part of bitcoin.

However, it dropped a lot recently and now when you ask people what they think they say its horrible and they wish they knew it was going down so they could get out of bitcoin etc etc. That is why I think when you ask about the fluctuations would reflect more on answers than fluctuations itself. Just know that fluctuations exist and if it fluctuates up then it would go down as well.

It does really pertain with both sides yet it do have the good and the bad if we do see it thoroughly.Price fluctuations do had positive and negative and as you said
people will react on the situation that they had faced on since not all would really have the same profitability and in other side most people do lost out their investment due to FOMO and Panic sell when there a Fud but for risk takes or investment seekers these price movements are the recipe on making out some money to this market.

[acroman08]

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?

different people will see these fluctuations differently, as for me I see it as an opportunity to convert some of my alt coin into bitcoin and wait for it to rise
since I have been dealing with bitcoin for 4 years now these fluctuations are normal to me now. as for new traders they might see these fluctuations troublesome
and will withdraw to prevent further loss.

[FanEagle]

There's no such thing about safest and best way to profit with this very speculative market.Ofcourse there would be still a risk
because we cant even point out on which price would be considered to be the bottom.BTC and other alts do always been good on breaking
investors expectations yet it can breakout nor slump its price unexpectedly.Buy low sell high sounds pretty basic but can you actually
apply it out on this very bearish market? Im sure you would be still hesitant.

This advice of buying low and selling high is really not applicable to all coins and it would be very difficult to apply such rule in this bearish market because we have some coins now, that looks like they have already bottomed and would also look like it is the best time to purchase them, but before you really know it, it keeps going down in price.

For those coins, the best time to actually trade them is during the bullish market, but exceptional of Bitcoin, Bitcoin can be bought at any time because no matter the drop in price it may have, there is always going to be a short period of time for it to recovery which whoever is able to buy at dip price them would be able to make money within the shortest possible time, which I think maximum would be 4 weeks.

[BrewMaster]

There's no such thing about safest and best way to profit with this very speculative market.Ofcourse there would be still a risk
because we cant even point out on which price would be considered to be the bottom.BTC and other alts do always been good on breaking
investors expectations yet it can breakout nor slump its price unexpectedly.Buy low sell high sounds pretty basic but can you actually
apply it out on this very bearish market? Im sure you would be still hesitant.

This advice of buying low and selling high is really not applicable to all coins and it would be very difficult to apply such rule in this bearish market because we have some coins now, that looks like they have already bottomed and would also look like it is the best time to purchase them, but before you really know it, it keeps going down in price.

For those coins, the best time to actually trade them is during the bullish market, but exceptional of Bitcoin, Bitcoin can be bought at any time because no matter the drop in price it may have, there is always going to be a short period of time for it to recovery which whoever is able to buy at dip price them would be able to make money within the shortest possible time, which I think maximum would be 4 weeks.

we aren't in a bear market because a single drop doesn't suddenly change the overall trend to cause a bear market! but even if we were, the strategy still works because the "buy low, sell high" strategy is a very short term strategy that works based on fluctuations of the market and market always goes up and down even during the drops. for example it goes from $10k to $9k then to $9.5k then $8k. in there there is a rise.

[vintages]

I don't know if it's just me, but I tend not to consider Ethereum as 'mighty'.
It phase has passed and I don't think it will create much impact in the long run expect for the influence of Ethereum Classic.

And to your question OP, as an investor or cryptocurrency, trader, if profit is an ultimate priority; its best to always see a green in every red during Bitcoin price dip.

[Sahyadri]

It depends upon person to person and their risk appetite. For a conservative trader, high price volatility can be a sentimental issue but most of the time such price fluctuations present glorious opportunities. Since the crypto space has low volume and less or no regulation as compared to traditional investment assets, high volatility is inevitable. One should try to take opportunity out of such volatility.

[Lanatsa]

I don't know if it's just me, but I tend not to consider Ethereum as 'mighty'.
It phase has passed and I don't think it will create much impact in the long run expect for the influence of Ethereum Classic.

And to your question OP, as an investor or cryptocurrency, trader, if profit is an ultimate priority; its best to always see a green in every red during Bitcoin price dip.

Who said that ETH is mighty? Its ranked 2 on overall market which means its capable and even BTC do really have that volatility problems so it wont be surprising if other top alts would suffer it too.

Price fluctuations are just normal and as said its important for you to get out in green even how the market moves neither on opposite sides.If you cant make yourself
profitable on any market conditions then this signify that you aren't really that good.

[Oceat]

It depends upon person to person and their risk appetite. For a conservative trader, high price volatility can be a sentimental issue but most of the time such price fluctuations present glorious opportunities. Since the crypto space has low volume and less or no regulation as compared to traditional investment assets, high volatility is inevitable. One should try to take opportunity out of such volatility.

I can't disagree with you anymore, since in the first place this is an open market. There would be price manipulation and the fluctuation rate is unexpected since a lot of people are trading different cryptocurrencies. It is up to you on how would you adapt to the market situation because every move of the market is a quick profit if you know what you are doing.

[Darooghe]

These price fluctuations a boon for us to make use of it, you can reverse scalp on days when the price is obviously tanking and breaking supports. Like put in a sell order at 7800 and a buy at 7700, gambling that if we hit the first we'll quickly hit the second.

Most assets take the stairs up and the elevator down. Bitcoin takes the elevator up then jumps off the roof. But you can use that, if you're clever about it. Just think about dollars as the thing you are buying and selling, not Bitcoin. Bitcoin is the hard money, whether people get it or not yet.

[FlamingFingers]

It's a great opportunity for those who still believe in crypto and despair to those who think crypto is just an illusion, I'm so sure that the price will not be this low in future,  majority of people in crypto does not see the long term investment in here,  they are just for the quick gains

[Ridwan Fauzi]

I think this condition that makes different between bitcoin and another trading/investing place including altcoin. And for me that is really suitable to gain much money if you are an expert to trade. You can compare with trading forex who will take a long time (if you spend a little money) to gain profit. But when you trade on bitcoin then I bet although you spend a little money but you have a good prediction then you gain a lot of money on it.

That's the character of bitcoin price, maybe you have to learn more about it so as you won't find a desperation. When you find something and you choose it to gain money then I suggest you have to find the ins and out about it don't just depend on someone else or even you just take a decision to trade because you just know bitcoin is promising place to trade and there are many people who gain a lot of money on it.

[timerland]

Price flucations are the small windows of opportunity where people who have very little coins or fiat are able to capitalize of this, and are also able to sell their coins for a high price randomally.

I feel in traditional trading, the amount of capital required is much higher and it's way more stable compared to crypto-currencies with either slow losses or slow profits, much unlike how crypto-currencies function.

[Republikcoin.com]

are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?

it actually depends on how well you make use of the situation. we cannot guarantee that with fluctuation we can create opportunities to increase profits. however, it depends on the strategy in question. out there is so much news about people who benefit from fluctuation and so many people who lose from fluctuation. Opportunity or despair? it depends on your strategy.

[inanilujimi]

fluctuation must necessarily exist in the crypto market, if there is no fluctuation what do you expect from this market ??
so for me it's not just opportunity but fluctuation is the soul of the crypto market.

[Inkdatar]

fluctuation must necessarily exist in the crypto market, if there is no fluctuation what do you expect from this market ??
so for me it's not just opportunity but fluctuation is the soul of the crypto market.

It really does exist the fluctuation in the market. Other people are in doubt about the fluctuation happening in the market possibly they don't believe it’s future. Fluctuations are just normal that we could see price in downtrend and uptrend. Indeed, without it, we could not take the opportunity from buying at the desired amount. Nonetheless, it depends on how we can manage to earn a profit.