How to Deal with Volatility?

[goaldigger]

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals...

Not every forum participant can afford such diversification, since for this you need to have a lot of capital that will allow you to invest money in real estate, gold and cryptocurrency at the same time. Nevertheless, if you have achieved success in crypto, you need to invest some of the money in the real sector of the economy.

Some are too focus on crypto while some are already into this kind of diversification and I believe, we all have this goal outside cryptomarket and that could be the best solution to deal with the volatility. This market is very active, volatility makes it more profitable to some, all you have to do is to analyze the price trend. There’s no way to get out of this volatility, you have to deal with it as much as possible.

[shinratensei_]

if it's volatility then you could simply hold an asset that have low rate of volatility, in fact many asset like gold and some fiat in general have relatively low volatility.
but the thing is, would you get benefit from holding those I guess you don't, the thing with volatility is that you could also make some good money out of it by using the volatility in increasing your wealth.
had you invested in some coins that are truly volatile you might make massive profit if you got the right coin, it's matter of how your strategy against the volatility in general.
i'd say if you care enough to invest you'd simply grow your money instead of worrying about how you should save your wealth from volatility.

[michellee]

better yet, diversify your assets not only in bitcoin or crypto, but other assets like real-estate or precious metals. we know that crypto market is a very volatile one up until now. if you have tangible assets, you can still be at peace with yourself if the crypto market crash for a reason. hard to trust alts these days. if you will venture into alts, make sure you are keeping up with their developments, otherwise, don't touch this market.

Precisely with the fluctuation of the crypto market, it can provide an opportunity for us to benefit from many coins. It will not be as easy as we imagine because we have to analyze each coin that we want to use as a trade. And this is the appeal of altcoins that can make many traders still use altcoins as a way to make a profit. But many of them cannot even benefit because of wrong analysis. To make peace with volatility, we must learn more than others to find loopholes that we can use to buy at low prices and sell at high prices.

Maybe investing in the things you mentioned can help diversify their assets but usually, it will require a large amount of capital. So the crypto market can be an option to diversify assets but don't be afraid of the volatility because crypto market movements may be more extreme than other markets.

All of course requires stages to achieve it all. For beginners market fluctuations are clearly worrying, even making panic novice traders. For those who are used to it, as you say, it will make it easier for them.
Beginners must pay gradually, focus on some of the assets traded and they can analyze how the market characters of some altcoin assets will be different. And everything requires a different analysis. Those who want to learn can definitely control their emotions. And that will provide valuable lessons.

Even though they are beginners, if they want to learn like everyone else, they will be able to control their emotions and won't panic even if the market is undergoing a correction. Those beginners can adapt well and may see something that others don't in the form of an opportunity to buy a lot of potential coins, not just buy bitcoins. And when the price starts to reverse, they will see how much their investment value has grown and they only have to decide when they can take the profit.

[Ziskinberg]

Does the volatility really be the reason why people had lose? Well, I don't think so. People had lost their investments because of being too emotional, having no trust in their investments, and most of all, their negative mindset.

There is no other way to deal with the volatility but to embrace this. In fact, we don't need to be afraid of the unpredictable trend but rather make use of this to earn more. Because the more we understand the importance of volatility, the more we like it.

Cryptocurrency wouldn't be profitable if it isn't volatile. Losing could happen if we don't know how to take advantage of every market situation. The right time to buy and sell will be the best way to make a profit. Volatility is the unique characteristic of cryptocurrency that is an open opportunity for everyone to make money. Losing is normal but losing repeatedly simply means that we don't have enough knowledge about how the market works yet.

I'd never thought about the right time when to buy or sell but at least we take the best price possible.
It was indeed grateful to have this nature of the market for it was the reason why we earn but too unfortunate that some people are complaining which in fact, they are also benefiting from the chance. If we are only just too patient and take the best option, I don't think we lose. Just like I said, no way to lose if we can manage to handle our emotions and follow the role: buy low and sell high.

[tvplus006]

...Just like I said, no way to lose if we can manage to handle our emotions and follow the role: buy low and sell high.

If it were really that simple, buy low and sell high, only those who make a profit would be present on the market. But the reality is that there are a minority of such on the market. And where we see that the price has reached a minimum, most often afterwards we see another price decrease.