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Author Topic: Can you protect your Bitcoin from market volatility?  (Read 1230 times)
marine4u
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August 04, 2021, 05:58:03 AM
 #41

Bitcoin will die if it loses its volatility.  That's the only thing that never goes away in the crypto space.  The only way for me to protect bitcoin against the effects of high volatility is to learn how to improve my psychology, fight panic spawning in my mind, learn to trust and be loyal.  I don't trade spots, no margin,... my opinion is Hold til profit.
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August 04, 2021, 07:15:35 AM
 #42

Building good portfolios and money management limits losses a who lot. Going into an investment without prior knowledge is like gambling with your funds and it's important to note that crypto isn't just like your general gambling where you risk with very little amount in crypto you will want to risk with tangible amount.

I will like to add this keep a track record of why a project you invested in succeeded and why it failed this will help you for future investment. Ensure each investment no matter the turn out teaches you a better way of investing and always risk what you can afford to lose.
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August 04, 2021, 07:18:40 AM
 #43

Bitcoin price fluctuations are inevitable, but there are some ways to reduce the impact from him.
  • Develop a long-term holding plan, not a short-term transaction. Hold it for a long time when you buy it. Don't always watch the market trend, because if you see the price lower than the price you bought or the market price keeps falling, it will make you panic and sad.
  • Due to the unstable price of the Bitcoin market, it is difficult to predict the future price. Loss can be reduced by analyzing market trends, and then stop loss and profit in time.
  • Be optimistic about the Bitcoin market and don't panic about price changes and sell Bitcoin. Don't be afraid to take certain risks when investing or trading.
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August 04, 2021, 08:16:37 AM
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 #44

Thanks for a good article on coping with crypto volatility! Educating oneself is indeed very important, and I feel like some people skip this point completely. I've seen people investing in altcoins and ICOs who didn't even know about the existence of websites like Coingecko that allow to see the market from different perspectives, and barely knew anything about how many coins there are, and how they are doing. I'm also sure that not many people keep track of how much they lose because it's easier to forget and move on, but it can prove to be a fatal mistake.
Long-term holding that was mentioned in the thread is a good strategy, but only if we're talking about top altcoins. Otherwise, a person might invest in a temporarily pumped shitcoin and lose only more over the years because the coin is never getting pumped again.

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August 04, 2021, 11:56:46 AM
 #45

To make the story short, enough knowledge is the most important to protect our money from volatility of the market, not because you learn something and you gained information you will dive in immediately because for you its enough.. Nope it's a big mistake!. Infact that's the reason why mostly people who ride with their greediness always experience massive losses.. Always remember to dont make all the things rush when it comes trading or investing because it really required enough knowledge in order to prevent risky situation and losses.. Make research always because that's the only key..
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August 04, 2021, 03:40:30 PM
 #46

The suggestions that you provided are easy to give, but hard to follow. Few of them sounds wrong too. I am against following YouTube videos. If you are new to the market, you should never do that. Most of those people just shill for shitcoins or the coins they have invested in. They get paid for it. Watching the market trend also doesn't help. The crypto market is very unpredictable. Sometimes the exact opposite of what you think might happen. The only way to protect yourself from volatility is through long term holding.

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August 04, 2021, 05:02:52 PM
 #47

Exchange to stable coin might be a forward answer to protect from volatility and only trade with some portion of your money to prevent from huge loss. Volatility is the purpose why people are trading with Bitcoin, since they have a chance to made good sum money rather than other trading asset. Made 1% profit each day is already good, don't be too greedy or you could loss.
To this I will add that volatility only plays against you if you do not know what you are doing, if you are a good trader and you know exactly what you're doing then volatility is precisely what you need in order to make money in any market, after all how are you going to make profits with an asset if such an asset is not moving at all? You need the volatility to make money which is why this market is so popular with speculators as the profits that you can get in it are way better than what you can get in any other market.
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August 04, 2021, 05:15:13 PM
Merited by Bitcasino.io Support (1)
 #48


..............................

Source: Bitcasino blog

You all point are valid and i also aggreed to your point. Actually there has a thing to aggreed with your point Because your thought is similar to one of my favourite crypto influencer. I am still new though i am in this industry since 2017. He always guide me as a brother not as a stranger. According to him buy the rumours, sell the news. So we know because of volatile in bitcoin its really tough to stay in bitcoin for short term investors because they want profit regularly. But its not a problem for long term holder and there is only sone people are aggreed for long term because everyone has need of money so they want profit. So you have all those valid point we have to learn first, then learn how to research then attempt your research into Reality if you got result do more research. Take profit when your research say its time to take entry again then do it. It means a same thing what that influencer told us buy the rumers, sell the news.


And thanks again because you made it in details and i got some extra information too.
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August 04, 2021, 05:26:20 PM
 #49

I think, Everyone is know bitcoin is long term investment. Why you need to so quickly? When you are new to the market they you don't  do this.So If you are a experience trader Then you also know what should you do.It's difficult to market volatility to know exact situation. 
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August 04, 2021, 10:09:28 PM
 #50

Everything lies in knowing what types of investment you want to enter, when talking about BTC it is a safe investment, when we see that it can be diversified it is an option that many want to do but do not have the knowledge to do it, either fundamentally and technical. The opinion of the experts is valid, the advice of the articles as well, but the style of operator that he is must be taken into account, if he is a market speculator or if he is an investor. Many investors when they confirm the bullish trend of BTC, when BTC makes a correction they take advantage of buying alts because they know that it can give x2, x3, x4 ...
Of course all these movements are made because experience in the markets has shown it, everyone has their own style for trading and investments.

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August 04, 2021, 10:55:56 PM
 #51

Protecting our assets especially bitcoin is very important. And of course, it is also important to be ready with the risks before investing in Bitcoin. That is why we need knowledge and education about this at first.
And probably other things to consider to protect our assets besides those all are about self-management of emotion. This is very determining me when trading. Once I cannot manage my self emotion while trading, I really seems like being lost every time being panic or also afraid to take a decision at the moment.

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August 05, 2021, 03:02:45 AM
 #52

Why would we need to protect from volatility if volatility is working in out favor long term?
Sure, if you are a regular everyday crypto trader you need to follow all the news, charts and be constantly under pressure for making some profit, and it is almosut guaranteed that you will lose money at some point.
What we need protection from is governments, broken monetary system and fiat currencies that are gradually losing value every day.
Bitcoin is best protection we have for that.

The long term is not guaranteed and if you are working on the assumption that Bitcoin will continue going up then you are going to lose a lot of money at some point. Everything has a limit to how much it is worth.
Looking back two years if you bought bitcoin in 2018 and had patience for 2 years I'm sure you are a millionaire today is this not enough to convince you with long-term hold, your opinion of storing in the long term is not guaranteed to apply to alcoins it doesn't even apply for alcoins that have potential such as coin eth, especially in bitcoin, your opinion is clearly wrong.

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August 05, 2021, 03:28:08 AM
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 #53

Well what you said is very helpful to everyone to the beginners and also to those who already have experiences. By following your recommended tips mentioned above it can really lessen the risk of losing to much and rising the percentage of getting successful.
The best and first thing to to do when you go inside the wolrd of bitcoin and cryptocurrencies you need to accumulate knowledge, to study, read and read and seek advices to make a wise decisions in the future and makes volatility your advantage. It is the weapon you can use to protect your bitoin against the volatility.

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August 05, 2021, 03:50:34 AM
 #54

Well what you said is very helpful to everyone to the beginners and also to those who already have experiences. By following your recommended tips mentioned above it can really lessen the risk of losing to much and rising the percentage of getting successful.
The best and first thing to to do when you go inside the wolrd of bitcoin and cryptocurrencies you need to accumulate knowledge, to study, read and read and seek advices to make a wise decisions in the future and makes volatility your advantage. It is the weapon you can use to protect your bitoin against the volatility.

After I have been around 5 years in the crypto world, I agree that the best way to protect the Bitcoin we have is knowledge. Without knowledge of
the crypto world, we will make the wrong decisions in the face of a very volatile market. Therefore, many investors have lost their Bitcoins, because
they panicked about volatile Bitcoin price movements. But by having knowledge, we come to know how the crypto world works. That's the way to
protect our Bitcoin from a volatile market. We understand when to enter the market and when to leave the market. Therefore, never stop learning,
because gathering knowledge can make us wise and right in making decisions.

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August 05, 2021, 09:04:22 AM
 #55

I will have a fixed fund investment valuable long-term coin, I will spend money to invest in the memecoins, because this currency risk is relatively high, the return is also very high, but should pay attention to the time of admission, otherwise, I may lose my own funds. .
I have an advantage, I think it is: If I have a loss, I will talk to my family and friends, I will not use emotional investment, I will find the experience of failure, I think this is very important.
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August 05, 2021, 01:57:23 PM
 #56

These are good advices that you have given. But is it really possible to protect all of our coins from the market volatility? I don't think that such thing is ever possible. We must be very lucky to make it. Because nobody knows what can happen in this market in the future. But if we are aware of what to do, we can decrease the money we lose at least.

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August 05, 2021, 04:06:04 PM
 #57

All those points are quite good but I doubt most of the people do that and there are various reasons but explaining them in detail might be derailing from the topic.

I don't think Bitcoin can be protected from the market volatility after it's the market where the Bitcoin is sold and people majority of people doing technical analysis will target similar trade which causes certain swings in the Price of bitcoin till some whale decides to jump in and change that either by buying or selling.

It's somewhat similar to the theory "Small things revolve around big ones" in a sense that Whales can control the price of bitcoin mostly in short term.
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August 05, 2021, 05:03:16 PM
 #58

Why, my thinking is the opposite.  Volatility is bitcoin's biggest draw compared to the rest.  Everything revolves around bitcoin.  Volatility creates a great return on investment.  If bitcoin loses its inherent volatility, risk, I would rather go with gold or forex.  Lol, practice risk management and increase your reserves somehow.  Don't look at the dollar value in the basket of assets it will lead us astray.

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August 05, 2021, 07:53:40 PM
 #59

These are good advices that you have given. But is it really possible to protect all of our coins from the market volatility? I don't think that such thing is ever possible. We must be very lucky to make it. Because nobody knows what can happen in this market in the future. But if we are aware of what to do, we can decrease the money we lose at least.
we really can't handle everything, and as you said sometimes the market moves in the direction we don't predict. but at least by having basic knowledge, we will be better prepared to face risks and make good use of market fluctuations. and op has presented several ways to take advantage of price fluctuations to make a profit, including doing research, managing money well, and being open-minded. knowledge is really needed in investing, trading, and so on, so effective steps can be determined, not just relying on emotions due to fomo. let alone panic buy because it follows the trend, it's not very good.

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August 07, 2021, 05:45:12 PM
 #60

Well what you said is very helpful to everyone to the beginners and also to those who already have experiences. By following your recommended tips mentioned above it can really lessen the risk of losing to much and rising the percentage of getting successful.
The best and first thing to to do when you go inside the wolrd of bitcoin and cryptocurrencies you need to accumulate knowledge, to study, read and read and seek advices to make a wise decisions in the future and makes volatility your advantage. It is the weapon you can use to protect your bitoin against the volatility.

After I have been around 5 years in the crypto world, I agree that the best way to protect the Bitcoin we have is knowledge. Without knowledge of
the crypto world, we will make the wrong decisions in the face of a very volatile market. Therefore, many investors have lost their Bitcoins, because
they panicked about volatile Bitcoin price movements. But by having knowledge, we come to know how the crypto world works. That's the way to
protect our Bitcoin from a volatile market. We understand when to enter the market and when to leave the market. Therefore, never stop learning,
because gathering knowledge can make us wise and right in making decisions.
And despite this being the overwhelming truth many people simply refuse to learn and obtain more knowledge simply because they are lazy, they think that they can rely on someone else and use their knowledge so they can protect themselves and obtain more profits, and we know this is not the case as you do not really know what are the intentions of other people but most likely they do not have your best interests at heart, so we have no other option but to learn on our own and protect our coins that way.
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