Volatility warning

[wozzek23]

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k

After today's market that we are going to see the second one most probably. I am basically always a bull with respect to bitcoin markets and with recent halving, I do strongly believe there could be no more chances for bitcoin to test $7k levels. Today we are again having bitcoin markets trading above $9500 levels which must the enough signal for market to break the resistance levels around $10,500 levels.

Due to pandemic reasons, we cannot expect what is going to happen incoming weeks still I do see there are enough buying pressure to keep market bullish or to bounce back even after a sharp down fall. So, getting ready to ride along the bulls could help traders to avoid unexpected disappointments.

[maxreish]

HODL if you can , but if you can't then keep checking the price of the market every now and then .

I appreciate your reminder, OP. This is certainly what I am doing. HOLDING. And I have been holding for quite some time now. Bitcoin touched $10k last few weeks but I'd rather hold. Whatever they may predict it, holding is a good option. Market is surely hard to predict.
After all, I am not in a rush to sell my bitcoin.

[culuuton]

if you are ready to trade in cryptocurrencies, you certainly don't need to worry because of high volatility,
because in cryptocurrencies the ups and downs are very high in the market

No you should because that is how you can make the profit. If you don't check or concern yourself about how the volatility will go, then you can take a wrong decision and get hooked up for long or eventually lose your investment. Volatility is important to consider at all times in trade.

Volatility happens every day but it needs special attention, no one isn't worried when the market falls into a disaster. Your decision will affect your success, just miss it, we have to wait very long.

[lienfaye]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

[South Park]

Bitcoin will go up above 10 thousand or crash to 6000 

Again the analysis comes down to it will go up or it will go down these analysts have no shame!

They are pointing to triple top but they're including November 2019. Was that inverted bart simpson really an indication of anything but manipulation?

I know what you are saying it is as if you were flipping a coin and when you gave the option to a person to try to guess what will it be instead of picking head or tails they pick both, predicting that great volatility is ahead is not really a prediction at all, bitcoin is volatile by nature and anyone that can take a look at the charts can know that without needing any kind of experience, the article gave no definitive answer about the direction bitcoin could take which is what any rational trader would like to know but that is to be expected as those so called analysts do not really know what will happen.

[shoreno]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

they are guaranteed to happen because the prediction here are both up and down  . worrying is bad as they said so why worry right ?

also before we enter on here we agree for whatever results we  end up    .  small bucks are verry important right now   , so even if we say we can afford to loose it we shall think twice if we  put it on btc or save it instead and buy important things that are more useful in the current condition we are feeling right now  .

[Gozie51]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

Good advise to every trader including older traders. Because some traders still believe they will always be lucky to jump out of trade before they get caught there. This is not always to be. The reason for reasonable risk., a risk you can bear.

[Twinkledoe]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

That's why it is called predictions. So if you are a holder, you should be prepared either way. Because volatility is the nature of bitcoin and will be for long. If the price goes below from when you bought it, don't panic and sell, just wait for the time that it will go up because it will. If you buy it, it means you believe in it. So wait for the right timing to sell what you have. Just don't forget the rule of trading, buy low sell high.

[KTChampions]

Let me just start by saying :
No One can actually predict what's going to happen to the market , literally no one !

According to the analysts Bitcoins is going to show volatility in the upcoming weeks.

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k
~

If we assume the equal probability of these events and the fact that the second point implies an increase of no higher than 11k (otherwise it would be said directly), then it is mathematically advantageous to bet on the fall (point 1).
However, I understand that the warning to this forecast is true  therefore I only express my mathematical observation, no more.

[Janation]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

That is why I always say this to others that are interested to it.

If they wanted to invest in cryptocurrencies, they will be taking a risk. And I know, they are taking a risk and they can afford it. If it is something that people can earn easily, that is so good to be true and usually, that kinds of so-good-to-be-true projects are just a scam. I would risk my money in Bitcoin rather than those projects.

[ethereumhunter]

If we can accept what will happen to bitcoin, we don't have to feel anything, and we will enjoy the ride. We can decide when to trade, and we will know when we need to leave the market. The bitcoin price will always be volatile, and as long as we can use that for our benefit, I think we don't have to worry if somehow, bitcoin price is down to the low price. And we will be happy if the bitcoin price can increase so high because that means we can sell bitcoin at that high price.

[el kaka22]

Everyone thinks they are an amazing trader until they lose, and even after they lose they keep blaming unexpected market moves and not themselves. Well, that is what it's about, those unexpected market movements are the reason why people have been saying nobody could make a profit on trading based on predictions.

You should do research and you should work as hard as you can to figure out if anything is going on in the news about anything and if you are well researched and know at the right moment that means you might actually make a profit. Without any of that, just making assumptions and predictions means you are not going to make any profit at all. If you think you will do that and you have a "gut feeling" that tells you to do something, you are going to lose a lot of money.

[akram143]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

[wxxyrqa]

It has always been and will be very difficult to predict further developments in the cryptocurrency market. if we consider the situation from the point of view of the ideal forecasting process, then thanks to technical analysis, it is possible to predict short-term prospects for the growth of cryptocurrency prices, and with the help of fundamental analysis, forecasts can be made for a longer period. It’s just in my opinion that even the most experienced specialists can’t exceed the 70% accuracy of forecasts, and there’s practically no reason to hope for a higher percentage. Therefore, you should always be wary of any forecasts from all sources and authors, because such information is almost always used for manipulation and for speculation in the cryptocurrency market.

[arwin100]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

Apparently yes but their are guides where we can base our guess regarding on what will be the upcoming result of the next movement of bitcoins although this is not accurate but  its so helpful for  traders  and we can see almost all are watching it and reading some charts. And it's normal for people to always check on  prices since I myself always check on what is the currently state of the bitcoins price so that I will be updated  on daily  movement, and it's  up for the  people if they will get panic if they see some unwanted changes to the price.

[carlfebz2]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

Apparently yes but their are guides where we can base our guess regarding on what will be the upcoming result of the next movement of bitcoins although this is not accurate but  its so helpful for  traders  and we can see almost all are watching it and reading some charts. And it's normal for people to always check on  prices since I myself always check on what is the currently state of the bitcoins price so that I will be updated  on daily  movement, and it's  up for the  people if they will get panic if they see some unwanted changes to the price.

Diving into this market without any preparation or doesnt have the idea on what you gonna do will surely result into a complete mess up.

Technicals arent really that precise but it is much more better rather than have nothing at all.Volatility and unpredictability is our main challenge on this kind of market

this is why there are several analysis that can really be used up and as you said where it might not be accurate but at least we do have some basis on what we are doing

rather than making steps blindly which would really be just similar when you do gamble.

[Ridwan Fauzi]

I have more time to see the movement price of bitcoin due to this pandemic, yeah I have been laid off since last month and hopefully this situation is end as soon as possible. And now I become a day trader, every days I make an analyst and got some profit and also some loses, yeah it is hard to avoid. Seem like I am ready to face a high volatility in bitcoin price comparing with the current market situation that has been consilidating in a few days, it makes me bored.

[dimonstration]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

Holding can only be applicable now in Bitcoin, not in any altcoins. Even bitcoin is volatile too but it already reach the chances that it can recover anytime soon unlike in other altcoins that once it dump it gets too hard to recover or permanently in dump or worst begun to be delisted. We should know how volatile crypto is and we must understand that once we enter in crypto we need to make sure that we were able to monitor it knowing it may arise and fall without definite reason.

[sana54210]

No one can predict the future of the prices and this has been said a million times but some people still believe that it could be somehow predicted and they still believe either themselves or someone else to predict it correctly and keep saying "why is it impossible to predict" and do not understand the idea.

Well, there has been explanations by the dozens if they ever want to read so I am not going to bother why it can't be but I just want to point out that if bitcoin moves there is two options which is either up or down, so if someone says up there is a 50% chance that they are right. This doesn't mean they are right all the time or they got it right because they know what they are doing but only because 50% is a huge chance to get it right, and that is why I believe some people get few in a row right by luck and everyone thinks they know what they are doing and follow them.

[7788bitcoin]

This doesn't mean they are right all the time or they got it right because they know what they are doing but only because 50% is a huge chance to get it right, and that is why I believe some people get few in a row right by luck and everyone thinks they know what they are doing and follow them.

The definition of prediction summarize what it is all about, in the cryptocurrency space we do not have a huge data to collect enough data to analyze and hence you cannot expect the prediction to be accurate. The prediction is basically like tossing a coin and hence the probability can be summarized at 50%.
Right now the market is holding strong above $9K and hopefully we will break the resistance in the next couple of months.