Bitcoins Issues.

[AmoreJaz]

Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.

Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.

As a investor this may sounds good but as a crypto enthusiast its very worst thing to accept because bitcoin was actually made to be used as currency but we all are using it for other purpose than the transacting as actual payment modes.

it evolves to being used for investment purposes rather than use it as a currency for payment options owed to its high volatility feature. so it really depends on you if you want to use it for payment purposes or just keep it for investment purposes, because volatility will not go away anytime soon. some people complain about such feature but why not take advantage of such feature and make the most of it. because as a crypto user, you can't do much about it but just act on what is presented on the market.

[andriarto]

Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.

Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.

That's the problem that's why many businesses are still hesitant to accept Bitcoin as mode of payment so I think it will be hard for them to remain profitable since there's no assurance for that as per Bitcoin volatility. Right now, it remain as one of the best investment asset and not a currency and this cryptomarket already proves that not just Bitcoin but also many altcoins. For a trader and long term investor, cryptocurrency is a great place for them despite of the risk.

maybe it is also one of the reasons the government has not legalized it as a means of payment. especially with a relatively large fee for bitcoin, sometimes it is not suitable for use in transactions with a small nominal

[Xinarae*]

Don't be discouraged if you have to go ahead believing in bitcoin investing. If you can master the right business strategies you can make a profit no matter what the price volatility in the market so keep an eye on bitcoin without thinking of any issues this is the right time to hold and the market is likely to rise. The use of bitcoin as a digital currency is increasing in many countries.

[YOSHIE]

Being trader we must smart and confidence to trade without any doubt.

This is a good point, intelligence without capital will also produce bad results, these three factors must go hand in hand, you must know the news that is quite popular so far about 'Elon' he has those three characters.

You can trade on Bitcoin, if you have enough money ability, I mean you buy when the price is low and sell when the price is high, it's a common method that people do and get good results.

[Lakai01]

-snip-
You can trade on Bitcoin, if you have enough money ability, I mean you buy when the price is low and sell when the price is high, it's a common method that people do and get good results.

You say that as if it were so easy, but it is absolutely not. Anyone who has tried to trade knows how difficult it is to time the market correctly and not to make any short-circuit actions (selling in panic, buying at the top because "it's still going up", ...).

Trading is very difficult, especially psychologically, and you must not allow yourself to deviate from your trading plan. It is definitely not as simple as "buy low sell high"!

[Kong Hey Pakboy]

Don't be discouraged if you have to go ahead believing in bitcoin investing. If you can master the right business strategies you can make a profit no matter what the price volatility in the market so keep an eye on bitcoin without thinking of any issues this is the right time to hold and the market is likely to rise. The use of bitcoin as a digital currency is increasing in many countries.

Exactly, the more you worry, the more your judgment gets clouded on what you should do. As @Xinarae* said, you should learn how to make a positive out of any situation and how you can make money out of those situations.

[clint25n]

That's right, bitcoin asset holders must be really aware that Bitcoin is very volatile, must be wise in responding to the situation of ups and downs in prices.. However, if we are good at analyzing more profits than losses we can. We may lose, but it is also possible for us to profit many times over. that's why i love bitcoin.

[Cling18]

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

[imstillthebest]

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use .

[Kelvinid]

If we are not aware of that, it gonna be a big problem.
But supposedly, it wasn't a big deal for us because before we jump into crypto, we must have the knowledge already about this and that serves as awareness. However, many never mind it, they just simply think that they can make a profit so easily in trading. And they just know the truth about Bitcoin trading once they suffer losses. It is too late, I think but that is the truth, it is not the issue of Bitcoin but it is an issue of ourselves.

[1l1l11ll1l]

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

Yeah man, Day traders instead get success due to the high volatility of bitcoin. with what they call a technique, they can generate shit tons of money per day from bitcoin volatility. but this is quite difficult if done by beginners or even those who do not have basic trading skills

[Maslate]

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use .

Yeah, it is a matter of choice and if we choose BTC for a trade we are supposed to adopt its volatility knowing that it was a part of it. We can never change that volatility feature, it is for us to adjust and use that to take the opportunity. To be honest, that volatility makes traders generate money and I choose those coins that have higher volatility as it moves faster ups and downs.

[Ryker1]

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use .

Yeah, it is a matter of choice and if we choose BTC for a trade we are supposed to adopt its volatility knowing that it was a part of it. We can never change that volatility feature, it is for us to adjust and use that to take the opportunity. To be honest, that volatility makes traders generate money and I choose those coins that have higher volatility as it moves faster ups and downs.

Well, in trading, --this volatility will give a better potential that the traders will easily earn a profit on trading. Buy low and sell high is the basic method in trading using bitcoin which means if this is high volatility it is easy to execute orders. I don't have much technical idea on trading but as far as I know, it is really hard to predict the bitcoin price and you will never know the movement of the price. However, traders should know this since they enter in crypto space and it always has risk if you don't know to execute. Because when people get FUD and easily have a panic sell, they are not a real crypto enthusiast, they are here because they heard the potential of making money they did not how will it works.

[Quidat]

If we are not aware of that, it gonna be a big problem.
But supposedly, it wasn't a big deal for us because before we jump into crypto, we must have the knowledge already about this and that serves as awareness. However, many never mind it, they just simply think that they can make a profit so easily in trading. And they just know the truth about Bitcoin trading once they suffer losses. It is too late, I think but that is the truth, it is not the issue of Bitcoin but it is an issue of ourselves.

When it comes to technical aspects then i do presume that most newbie investors or even old ones doesnt really know about this even with the basics and as mentioned on where they do all mind off about making profits without really minding on what are the these issues are but actually its not really an issue because majority or the community could able to bare it out despite out of these flaws but we cant really remove that since this is the father of all crypto then its no surprise that support would be mainly poured into this one.For those who do make this a big deal then youre always free to leave.

[anti-dot]

If we are not aware of that, it gonna be a big problem.
But supposedly, it wasn't a big deal for us because before we jump into crypto, we must have the knowledge already about this and that serves as awareness. However, many never mind it, they just simply think that they can make a profit so easily in trading. And they just know the truth about Bitcoin trading once they suffer losses. It is too late, I think but that is the truth, it is not the issue of Bitcoin but it is an issue of ourselves.

When it comes to technical aspects then i do presume that most newbie investors or even old ones doesnt really know about this even with the basics and as mentioned on where they do all mind off about making profits without really minding on what are the these issues are but actually its not really an issue because majority or the community could able to bare it out despite out of these flaws but we cant really remove that since this is the father of all crypto then its no surprise that support would be mainly poured into this one.For those who do make this a big deal then youre always free to leave.

They just look at the charts and see big green candles and jump in in the hopes to get out at some later point being in the green. Precisely said, that is just not investing but gambling.

Technical aspects are important and in particular if there are issues in the code of Bitcoin. Those who knew Bitcoin runs into capacity problems could have taken that into account for their investment decisions. The drama at the time also took Bitcoin a little bit down although it quickly recovered afterwards.

[Luqman]

This is a very common situation and advice. ANd what we should know is the right time to enter buy and also sell at the right time. And how we can manage our funds, risks, and also emotions when trading. This management and also the ways of our strategies and research also will influence the result. I know that I am personally also not good enough for this.

But, as you know, almost all cryptocurrencies, not only Bitcoin but also Altcoins also have high volatility. Moreover, altcoin prices are very dependable on Bitcoin. SO, be aware of this.

[Lakai01]

-snip-
I don't have much technical idea on trading but as far as I know, it is really hard to predict the bitcoin price and you will never know the movement of the price. However, traders should know this since they enter in crypto space and it always has risk if you don't know to execute.
-snip-

Not only is it not easy to predict the Bitcoin price, it is impossible. This is true not only for Bitcoin but for any other asset traded in the market, whether stocks, bonds or precious metals. If you could even come close to predicting the price of anything, the market would either be destroyed immediately or you would be infinitely rich.

But what is certainly more serious in the case of Bitcoin are the manipulations that are carried out quite openly. Bitcoin hodlers from the early days can influence the market with, say, 10,000 BTC and lead to selling pressure, which these people then use to buy cheaply. Of course, this is also the case in other markets, but it is much less obvious, since the market supervisory authorities would immediately get wind of it and initiate sanctions.

[kapalmabur]

This is a very common situation and advice. ANd what we should know is the right time to enter buy and also sell at the right time. And how we can manage our funds, risks, and also emotions when trading. This management and also the ways of our strategies and research also will influence the result. I know that I am personally also not good enough for this.

But, as you know, almost all cryptocurrencies, not only Bitcoin but also Altcoins also have high volatility. Moreover, altcoin prices are very dependable on Bitcoin. SO, be aware of this.

The first thing to realize is that all cryptocurrencies are very volatile, so of course we can't just invest if we don't want to lose,
it takes a strategy and analyzing the market is also important,
what is clear is that the risk is very high so we really need to learn in order to make a profit

[iamsheikhadil]

Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.

[dezoel]

Being volatile and not being able to use it are very different two things. You could always have a thing that is volatile but still a currency. There are currencies in the world that are worse than crypto and still used as a currency. The almighty joke about the "Zimbabwe dollar" is a real thing for example, we are talking about a currency being less valuable than toilet paper there, or we have Venezuela these days and we probably have some others that do not mean anything as well.

The volatility of bitcoin is what makes it to be more interesting. It is very risky, but at the same time it can be very rewarding more than any other investments you’re going to see these days. I have a lot of friends that used to do forex trading, but they have all switched to crypto trading and none of them is doing forex trading this time around, and since they got into crypto trading their lives have changed.

Crypto is very risky too, that’s why you have to be careful and calculate the risks before making a move. You have to make sure that you can deal with the risk, and know how much you can risk, and you also have to study it very well and know how everything works.