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Author Topic: Stability of bitcoin  (Read 340 times)
7788bitcoin
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May 08, 2022, 01:37:17 PM
 #41

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
To call one of the most volatile market in any financial sectors as a stable market needs some nerve  Cheesy. Do not listen to people who claim that the price would only rally. For every market to sustain the market needs to move in either direction and you need to be smart enough to identify those situations and book your profit and that is the most important aspect in a market.

In the next few years you cannot expect the price to be stable. You can still expect major fluctuations in either direction.
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May 08, 2022, 04:03:00 PM
 #42

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
nope, its not created to become stable in the space, and if there's a situation that the price of bitcoin didn't make progress and seems stable in a significant level it means a consolidation, what does it means? Well as far as i know the holders is keep holding and big institutions don't want to see the price fluctuate more from the support reason it's happening and the advantage of it is there's a tends to bounce depends on the demand in the market.
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May 09, 2022, 07:28:50 AM
 #43

It's time to make strict regulations to protect bitcoin and cryptocurrencies, the bitcoin market cap is already large and widely used for fraud, if top exchanges agree to make regulations, it is certain that investors will get guarantees so that bitcoin prices can be more stable.
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May 09, 2022, 10:58:06 AM
 #44

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

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May 09, 2022, 01:21:35 PM
 #45

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

There are people who sell because of panic, that's why the market is very volatile due to that kind of actions. And of course, while some people panic, some people will also enjoy the dip as they can accumulate and wait until bitcoin will bounce back. Just like the current price, most likely bitcoin will drop below $30k due ot its bearish movement, but after that, we can also expect that bitcoin will recover because it never fails those who trust and home while the price is dumping.

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May 09, 2022, 02:00:00 PM
 #46

What will be the faith of bitcoin users if the value of bitcoin becomes stable in May 2022, a lot of prediction has been made in recent years on the rising and falling of bitcoin?
Must there be a rising and falling of crypto before the market can work effectively
This question looks so serious but at the same time I find it funny Cheesy. Nothing bad will happen to us if bitcoin becomes stable, don't worry. People only worry when price starts to dip. Your question are only good for the month of may so 1 month of waiting isn't going to be that long and after that, the price will start moving again.

I don't think there are people that will lose their patience and sell in that short period of time but yes there are a lot of predictions that have been made before. That is expected because the price of cryptos still moves on its own despite being manipulated by some whales but I think the market can work effectively even if there's no up and down.

There are people who sell because of panic, that's why the market is very volatile due to that kind of actions. And of course, while some people panic, some people will also enjoy the dip as they can accumulate and wait until bitcoin will bounce back. Just like the current price, most likely bitcoin will drop below $30k due ot its bearish movement, but after that, we can also expect that bitcoin will recover because it never fails those who trust and home while the price is dumping.

We have broken down to $32k, so this is really a sign that we are in a bearish trend. And I think more people are going to sell because they think that it will go lower. Can't blame them to sell right now and then buy later when the price goes below $30k, simply strategy by effective. But then we have those strong and diamond hand who don't panic but panic this dip in this cycle. And for the stability, I don't think we will see it happening, specially with the current movement this May.

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May 09, 2022, 03:18:07 PM
 #47

It's time to make strict regulations to protect bitcoin and cryptocurrencies, the bitcoin market cap is already large and widely used for fraud, if top exchanges agree to make regulations, it is certain that investors will get guarantees so that bitcoin prices can be more stable.
I don't think it has something to do with the price of Bitcoin especially the stability because sure even if top exchanges or will combine, still, the government have the choice about regulations, they have nothing to do about it, and they are just following it.

With the recent dump of $40,000. For me it is normal because it is not only Bitcoin, look at other markets like stock markets, they are affected too. For me now, Bitcoin is became more natural when it terms to price compare on previous years.

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