How Can A Trader in this Business Protect Themselves Against Volatility Risk?

[el kaka22]

People are forgetting that not many people are looking into bitcoin just because they want to make more fiat currency with it, some people just want to have more and more bitcoins in their hands for future profits. That being said, maybe they don't care about the volatility, we have heard people around here who bought x amount of dollars per week or per month so they could have bitcoin no matter what the price of bitcoin is because they know in the long run it will be more.

One dude actually started buying bitcoin 100 dollars per month during 2014 rush, it was 1400 dollars per bitcoin at that time and when he got in he bought some and price went down and he kept buying and it kept on going down, for 3 years dude never made a profit and price kept being either down or just not moving at all or maybe just a little higher, but in 2017 when price started to creep back up and finally broke over 1400 dollars, it reached to 20k dollars, that dude who waited for 3 years and invested without tiring for 3 years made over thousands and thousands of dollars and was super rich at that point, so you don't need to get involved to do day trading to be able to profit, you have to be patient and that's it.

[1714802186]

1714802186

[1714802186]

1714802186

[@TomoCTFYbot]

Hi,

I invest  BTC in CTFYbot trading platform and every friday I earn 4.9% and there is no Volatility Risk.Really perfect way to earn nice money.

[barbara44]

Such OTC traders actually have profits by spending minimum of their hard efforts. There are a lot of traders on localbitcoins who are able to earn huge revenue just by performing the tasks you mentioned above. Buying and selling instantly by setting some percentage above the current rate can be beneficial for anyone to perform his trades.

Moreover, the high volatile markets should not affect this because platforms like localbitcoins simultaneously keeps on updating the current market price and sets your price according the percentage you set accordingly. Also, you should always be ready to take risks whenever you enter these high volatile markets so this would never have been created such doubt in minds of the pre-existing traders.

[RealMalatesta]

It is basically a pump and dump scheme by the exchanges that nobody talks about.

I have mentioned it already, they have delisting conditions and those delisting conditions are usually taking some time before they are applied, they don't remove any coin as soon as they drop to those levels, they let them have a bit of time and delist it afterwards. Just to give an example binance has 1 month period, if your coin goes under the delisting conditions and stays there for 1 full month they will delist you, of course its a lot easier for smaller places that list idiotic coins because their conditions to delist is a lot smaller, like 1 btc per day volume and even sometimes just 3k dollars volume per day, even when its that much lower, they do not delist you right away, they give you some time. All those coins with very low volume you see will be eventually delisted, just takes some time.