Wexnident
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March 30, 2021, 05:59:13 AM |
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I'd personally be satisfied right now if the market of Bitcoin stabilized since that would most likely result in an increase in adoption since the risks would be lowered compared to the current state. That doesn't mean that the current volatility is wrong. If anything, I suppose the current volatility just dictates the possibilities that Bitcoin posses (which may increase more anyhow). Sides, I fully expect for the market to actually stabilize once the supply stops increasing as well as the foundation of Bitcoin is solidly built. I suppose Bitcoin is highly volatile in the first place since many people ignored it back then, but it wasn't limited by such opinions and has continued to develop to where it is today.
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michellee
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March 30, 2021, 08:55:59 AM |
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I like the volatility of bitcoin price because as a trader, that can be the way for me to buy low and sell high, although I can not always get that time to trade. But so far, I am still trying to do that, and the result is good for me. If people worry about the volatility, they can only buy bitcoin and hold it and not use it for trading because that can profit the future.
As long as we know how to deal with the volatility, we can take a chance to buy low and sell high and make a profit. We need to learn more about trading so we can get benefits from the volatility. The volatility happens to altcoin, which can be additional profit if we can use the volatility to have more chances to profit.
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jrrsparkles
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March 30, 2021, 12:08:22 PM |
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Without volatility there will be no profits so as an investor everyone looks to invest on assets which are speculative. In cryptocurrency the volatility range determines the day of traders because they can easily make 5% profits with constant sideway movements like what is happening in the market right now.
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ven7net
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March 30, 2021, 12:48:00 PM |
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As far as I understand, BTC was invented for the free market, which means that BTC should not have restrictions on its use and its state. And so if we are talking about a free market, then the price of BTC should be volatile, because in the free market there are both ordinary traders and speculators who, in turn, play with the price. Whether it is good or bad, everyone decides for himself, but if we say that this is bad, then BTC needs regulation, with the help of which the price of BTC can be stabilized. I believe that volatility is good for BTC at the moment, as it gives everyone the opportunity to earn money.
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Renampun
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March 30, 2021, 01:47:57 PM |
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yes, I like volatility... I think it has something to do with logic, how can you make a profit, if investing in a stable coin/token. volatility is needed for you to make a profit. stable coin/token is only suitable for 'payment' only.
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blckhawk
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March 30, 2021, 02:29:09 PM |
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Personally, I like the volatility in this market however, it is likely a double-edged sword as it can work on your side but at the same time could also be your enemy. Anyway, I think that is one of the main reasons why investors choose to place their money in Crypto is because of volatility. Imagine Bitcoin being a stable coin do you think investors would bother to invest in that kind of asset? No, volatility what makes Bitcoin attractive because this brings profit, yes it could be risky but if you know what you are doing you'll be fine.
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isaac_clarke22
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March 30, 2021, 02:35:55 PM |
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Let me ask a question, why investors should invest in Bitcoin if it's stable in a place? I know rather than call it to invest more suite is accumulate. But the truth is investors are here to take advantage of volatility. Honestly, they aren't thinking that Bitcoin was created to present a peer to peer electronic money. Why investors and big institutional investors aren't buying or storing USDT? Because it's s stable coin and they wouldn't take advantage of volatility. Bitcoin is the most popular cryptocurrency because of its volatility. Very rarely users are thanking for the technology behind Bitcoin. Of course, I like volatility and that's call trading. Due to trading, we might see volatility on Bitcoin.
This. This is half of the reason why I invested aside from the convenience stuffs that Bitcoin can do in a simple transaction without having to go out of my house. The instability becomes an opportunity for everyone to invest in here though that is surely a double-edged sword for anyone, maybe except the whales. Price could fall either down or up. USDT is, of course, a stablecoin. There ain't profits into it. It could be a temporary safe haven from all the profits made from trading.
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darewaller
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March 30, 2021, 03:47:36 PM |
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I do enjoy a bit of volatility, it allows me to see what bitcoin could be, it allows me to see where we are with the market as well. When you see 43k and when you see 60k you know the bottoms and the peaks, that allows you to move easily.
Of course, I didn't take advantage of it too much because I do not trade too much but I did made 2 very good trades, it was for small amount so I didn't earn anything that matters, I just have fun with trading so the money was nothing, I think it was 30 dollars from one and 52 dollars from the other, so it was very small and just for fun but it was good to actually trade and make a profit from it. At the end of the day we are talking about something that is risky and I understand some people may not like that, I get it, but I still think that we are doing much better with volatility instead of trying to be stable.
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geegaw
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March 30, 2021, 03:48:12 PM |
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Personally, I like the volatility in this market however, it is likely a double-edged sword as it can work on your side but at the same time could also be your enemy. Anyway, I think that is one of the main reasons why investors choose to place their money in Crypto is because of volatility. Imagine Bitcoin being a stable coin do you think investors would bother to invest in that kind of asset? No, volatility what makes Bitcoin attractive because this brings profit, yes it could be risky but if you know what you are doing you'll be fine.
If I don't look wrong, you are not a lonely person here, daily volatility is what investors want from this market, it can go up or down over time but at least, the market needs such fluctuations to make money, even though this is a double-edged sword and can be stabbed into our flesh and souls, we do not hesitate to accept this knife. Volatility is the most distinctive thing the crypto market has, as soon as this nature no longer exists, investors will turn to gold or real estate immediately but it is relatively gratifying that crypto has always maintained its tradition and nature
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danherbias07
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March 30, 2021, 03:48:37 PM |
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Same as yours. Volatility offers chance to others. It's not just traders who will have chance to make money out of it. Besides, they are still risking their choices there. But for those who have sold at an early price, (like me) it gives hope that you could always buy back. It may take months or years, but there is always that opportunity you are clinging unto.
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imstillthebest
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March 30, 2021, 04:16:39 PM |
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I wanted to know the general preference of people here. What are your views on Volatility and why ?
my views on volatility is it can be your buddy or archenemy why because it helps you earn when the price is at the top but it makes you loose when the price is at the bottom Do You Consider Volatility to be an opportunity Where you can buy more coins and hold them for later
my explanation above tells that im not buying at the bottom Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency. volatility has a bad side but its not unecesary . no need for it to level like a fiat because crypto isnt a fiat and btc is long time recognize as a currency
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Jemzx00
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March 30, 2021, 05:20:00 PM |
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Without the volatility of price on crypto, there wouldn't be any trading happening and the same goes to financial market or stocks. There would be no point if the price is stable as the market will stay the same even if you hold it on the long run or the short run. It's more like savings rather than trading.
Also, the volatility on bitcoin will keep on happening as long as there are demands on the market. The amount being mined is also a factor of this volatility due to it's maximum circulation not yet being met. We might be able to see a more stable market on bitcoin when all of the bitcoin is mined as the amount of bitcoin will be more controlled due to it's limited amount.
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abel1337
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March 30, 2021, 09:47:23 PM |
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Volatility is one of the greatest characteristics of crypto. I can identify crypto as a volatile market as it is compared to other markets and that is why I stayed in this market for so long. As long as you can take advantage and you know what it means to enter a volatile market. Before crypto, we have a stock market and this stock market has relatively low volatility, So investors before doesn't have an option to switch in a face-paced market. High volatility is one of the reasons why other investors go to the crypto market.
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Stedsm
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March 30, 2021, 09:58:29 PM |
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IMHO, volatility is too good if it's two-sided, but if a trend is going on, then this volatility isn't that enjoyable and entertaining. And yeah, I really enjoy the opportunities it gives us by shaking the markets and giving us dips to buy lower which may not be the case if BTC goes to much higher levels and stabilizes as then, the whole thing will be in the hands of a very limited set of people who will then move the markets with their money in their desired direction.
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gabbie2010
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March 31, 2021, 05:25:53 AM |
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A trader equipped with a working strategy ( note their is no Grail strategy) ie perfect one, will need a high volatility of the price provided that such a trader is using a higher time frame for trading with minimum of 1 hour time frame where the volatility rate is moderate unlike the lower time where is faster with too much noise. A moderate volatility with a higher timeframe will guarantee profits taken at the appropriate time although losses is inevitable unlike scalp trading that can lead to rekting of an account and many losses.
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kolbalish
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March 31, 2021, 04:37:21 PM |
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I like volatility very much. Because it is an unstable position. If crypto is stable then everything will operate at the same momentum. And there is no advantage in working in this world if you stride at one momentum. Profits are rendered by working in a volatile market.
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famososMuertos
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March 31, 2021, 05:36:40 PM |
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That volatility is also in traditional markets, and they unleash passions just the same, it all depends on the units of the shares you own, 1% may in terms of prices for example be "straw" compared to the "natural" volatility of the bitcoin, the point is that the losses and gains occur in both markets and are the "soul" of the investment, well, volatility is there and is not a matter of taste or belief , it is an investment decision.
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MCobian
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April 01, 2021, 08:55:47 AM |
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I am sure most members of this forum like volatility, because indeed most people like Bitcoin as an asset, because it can make money. Of course I really like Bitcoin its volatile too, this is my chance to be able to make profit every day from Bitcoin trading. But if people who use Bitcoin as a means of payment must be very disappointed with the volatility, so actually back to each person what they use Bitcoin for.
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Swopon
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April 03, 2021, 04:26:42 PM |
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Yeah, definitely. This is integrity. Any marketplace is volatile, prices are always fluctuating. Without such a sense of volatility, the work is not finished and the result is not worth it. People do not evaluate the stable thing well. Not everyone guesses that the profit will be the same here, it is not inclined to increase. Since people expect more profit and do not wish to keep up in the stable market, they go after the plunge. I am no exception. So I like volatility.
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RealMalatesta
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April 03, 2021, 05:02:24 PM Merited by tbterryboy (2) |
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-Do You Consider Volatility to be an opportunity Where you can buy more coins and hold them for later OR -Do you think that Volatility is unnecessary and should be leveled to match the market fiats so that Bitcoins can finally be stable and used as a currency.
It seems that you are missing another scenario like gradual appreciation of bitcoin rather than having wide fluctuations. Yes, it is different from being stable. Being stable is always having same value whereas gradual appreciation is something we all want to have without going down time to time. We like or not, all the commodities are having volatile nature because of its price influencing factors. I'm sure bitcoin will never have stable value even after all 21 million bitcoin mined out. Because, even after centuries of adoption gold is not attaining stable price but relatively stable because of wide adoption hence same thing will be applicable for bitcoin as well. Bitcoin will remain volatile and the level of volatility may differ over the course of time. So, we must need to like the volatile nature of bitcoin regardless of we are making use of that volatile nature for our profit making or not.
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