The BTC stability

[frnandoh]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

[BitMaxz]

Actually, that's too risky if you don't know what exactly you are investing in and it's too risky to go all in but since Bitcoin is already proven that it's following a cycle every 4 years or every block halving then why not go all in but don't invest much you should also save a few percentages for your savings and only invest that you can afford to lose because we do not know what will be the price of BTC in a few months.

This is just me I believe in Bitcoin, and my prediction is that the price could reach more than $100k next year so it's too early to see the new all-time high I've been waiting for a cheap price below 60k to convert my USDT back to BTC I just sold mine recently at $71k because I saw a rejection now I am waiting for a low price again and do DCA I just don't want to miss the dip price.

[tabas]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Why it is dangerous? you should have given us your thoughts on why you think something like that is dangerous. Because even if you're going to watch someone from YouTube, you'll not even know if the thing they say is 100% true. I agree with bitmaxz that it's certainly risky if you don't know what you are up to and what you are investing with your money. But for someone like that youtube guy you've watched, he knows his thing and the drill of investing and that's why regardless of what you think about his strategy, it's even better in the perspective of holding more Bitcoin than altcoins.

[Nwada001]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

It's risky, and those investing in bitcoin already know about it, and the volatile nature of bitcoin is also part of the reason why most investors choose bitcoin to be used as a reserve over other assets or even hold both. 
 
When you talk about companies or rich people using Bitcoin as a reserve, what people put in reserve is what they save up for rainy days and are not going to make use of it for any short time, which means even if the price of Bitcoin drops below 50% after they invest in it, they might not even see it move them because they are not going to sell in a hurry. By the time they are ready to sell those holdings, they will already be recording some profit.

[adultcrypto]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term.

Bitcoin is indeed volatile for short term day traders who trade with stop loss and take profits. But the moment you start considering long term, you do not have any problem with the volatility of bitcoin. The other problem with the volatility of bitcoin is when being considered for day-to-day business activities where one will accept same as payment option. Not everyone will be willing to handle the volatility that comes with bitcoin, and this is why most businesses that accept cryptocurrency usually opt for stablecoins. Instead of adding bitcoin to businesses, people prefer holding for long term to get the better benefit.

Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Many people are actually thinking in this direction because bitcoin has shown how reliable it can be against inflation. Prior to this time people invest in stock, treasury bill and even fixed deposit. But these options have been shown to be inferior to bitcoin when compared to bitcoin.

[nelson4lov]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Bitcoin has always been very volatile. As a matter of fact, the entire crypto market has been a volatile one from the onset. Like every non-stable asset, Bitcoin price moves in either direction and that is the normal behavior. Before anyone or firm decides to use it as a value store, they should be aware of this risks so they don't cry later due to ignorance. El Salvador has made Bitcoin, their national store of value and it's going really where for them. If it goes awfully for others, they clearly didn't do their homework to position themselves properly.

[Promocodeudo]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Individuals with there personal decisions and perception on things, I think using Bitcoin as a reserve in a big company or country shouldn't be an option for me unless such country or company wants to hold for a long term, if long-term is the goal it is  better because no matter the volatility there must be an appreciative season which we know, Bitcoin has several events that are bound to occur and these events are accompanied with either good or bad occurrence, so I believe if such idea shouod be implemented by a company or country, they should be able to endure for a longterm in other to make their profit, lets not forget that reserve is like saving a little out of many, I also dont think that a country would wwnt to have their reserve in a digital currency and due to its instability and volatility.
For personally I somuch believe in Bitcoin and I know that consistency and patience is what every bitcoiner that understands the concepts of Bitcoin needs to keep going but these companies and countries wouldn't want to go that lane for reason best known to them.

[Wiwo]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

For a growing company bitcoin is a risk factors for reservations,  but for an established company bitcoin could be the most profitable asset to hold their large cash flow and profits reseaves, but on the individual level,bitcoin is the best assets despite it volatility and unstability,  considering how often bitcoin move in the uptrend direction  vs is downtrend direction.

But in all bitcoin holding should be done with clear understanding and purpose knowing the risk factors in it as asset.

[GbitG]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Yep, mate that's quite right!
Bitcoin is too volital but anyway these volitality totally depend on you and how much you have knowledge to avoid them, like risk management. If you don't have any ideas or knowledge regarding through Bitcoin so I think there is a high possibility that this volatility of Bitcoin will be proven bad thing for you but if you have proper knowledge and understanding about Bitcoin So, in my opinion, nothing can be better than volatility for you, because the volatility of Bitcoin gives people the opportunity to organize profit, it also gives you the opportunity to buy and sell at a high price in a short time and if this volatility were not in Bitcoin, Bitcoin would have been considered as a lay asset investment. Bitcoin is one of the most prominent assets in the world because of its volatility. 
 
So it means that Bitcoin is a volatile asset. It can give you loss and profit but if a person can be saved from volility, then I think volility is not the best thing for him. Due to this volatility, we buy Bitcoin at a low price and sell it at a high price.

[GreatArkansas]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Well, this really depends on you. There are already million-billion dollar companies already buying and holding Bitcoin. So if these million-billion dollar companies spent millions - billions to buy and hold Bitcoin, why me even a hundred-thousand worth of Bitcoin can't hold? That's kinda my belief to hold Bitcoin.

About going all-in. For me, I don't do that, I also had some cash or some funds in the non-crypto market. But for cryptocurrency right now, I mostly hold Bitcoin.

[BlackBoss_]

Well, this really depends on you. There are already million-billion dollar companies already buying and holding Bitcoin. So if these million-billion dollar companies spent millions - billions to buy and hold Bitcoin, why me even a hundred-thousand worth of Bitcoin can't hold? That's kinda my belief to hold Bitcoin.

Whale, institutional investors have huge and bigger capital than retail investors with smaller capital. Retail investors are not market manipulators or market makers but they have big advantages against whale, institutional investors.

With smaller capital, retail investors have advantage of more easily entries and exits in the market. Their entries and exits won't affect trading volume and market price. It's different than whales and institutional investors, with big capital their entries and exits will cause dramatic ups and downs in the market, both in trading volume and market price.

About going all-in. For me, I don't do that, I also had some cash or some funds in the non-crypto market. But for cryptocurrency right now, I mostly hold Bitcoin.

It is good capital management as well as risk management. We need to have other things beyond cryptocurrency, to manage risk, avoid black swan events in this market and to be always ready for spending through non cryptocurrency payment methods.

[Sonia_123]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Bitcoin has always being known for its volatility from when it was made , using it has a reserve is all has to do with the individual's understanding of Bitcoin and the risk involve. Before someone can have 80% of his patrimony in Bitcoin,he knows what he stands to profit if being kept for a long term. In terms of risky ,it has to do with your mindset because there is nothing we do in this life that is not risky, you just have to keep your fears aside and be positive/trust always when investing in Bitcoin , despite the volatile nature of Bitcoin,it is still profitable.

[yhiaali3]

It is true that Bitcoin is volatile, but it has proven that it can be used as a reserve and store of value in the long term. Yes, it is volatile, but for short- and medium-term speculation, but in general, it has only one upward trend in the long term.

From a logical point of view, there are risks in using Bitcoin as a value reserve since its price is volatile, but at least it is much less risky than using fiat, which becomes worthless in the long run as a result of inflation, while Bitcoin is quite the opposite.

[Minor Miner]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term.

To be fair, bitcoin is still not suitable for use as a store of value or safe haven because of its volatility, it is still more suitable as an investment. But as far as I know, no country or company uses bitcoin as a store of value, they only invest in bitcoin.

Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

It depends, if you have multiple sources of income and are willing to take risks for greater rewards then investing 100% in bitcoin is not bad. Because diversification can help us minimize risk but will not bring us maximum profit, and as I said, it depends on each person's preferences and taste.

[retreat]

Only countries cannot use Bitcoin as their reserves, but large companies can use Bitcoin as a value reserve for their companies, because Bitcoin's performance is quite good in recent years and its potential in the future. Talking about its volatility, it's actually not a big deal, seeing as how companies don't need to allocate all their money to Bitcoin - they can diversify their investments across several investment instruments, unless they are stupid enough to go all-in on Bitcoin.

[Upgrade00]

Only countries cannot use Bitcoin as their reserves, but large companies can use Bitcoin as a value reserve for their companies<snip>

There is nothing stopping countries from having Bitcoin reserves. El Salvador which added Bitcoin to its legal tender list some years ago also has a Bitcoin reserve which contains a couple thousands of Bitcoin that they have been accumulating steadily over some time, with a plan to acquire 1BTC per day.

Here's their website to track the status of their Bitcoin reserves; https://bitcoin.gob.sv/

[avikz]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

It is risky! Bitcoin is a super volatile asset and the price movement is very uncertain in short investment window. However, it all depends on an individual's risk taking capability. I f someone had invested in Bitcoin during its initial days, they are probably the richest persons alive we don't know yet. But the case is very different for an individual who is investing now. But honestly, keeping all your money into a single asset, is dangerous!

The basic of investment says - always diversify! Keeping a good percentage in Bitcoin is OK but we all need to put the other percentage into various other assets classes to mitigate the risks. Keeping everything in one asset is pure gambling! 

[tottong]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Every decision taken must have gone through research and someone who has inherited wealth of more than 80% is not as stupid as we think.
He certainly understands his choice and why he prefers bitcoin because of the confidence he has after seeing bitcoin's journey.
Fluctuation is quite risky, but you can make it all the more valuable as asset storage.

Just look at how El Salvador and several companies are using bitcoin as an asset and they understand very well the impact of fluctuations. I don't think this is problematic in the long run because bitcoin has made such a great jump in price.

[btc78]

Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

If I had a patrimony of bitcoin, I'd be happy. Although I can see how it can be dangerous because the child may just waste the bitcoin given to him. Especially it contributes 80% of it.

Before you decide on giving Bitcoin to your children, teach them first lest you want it all to go to waste. You should be teaching your children about finances anyway so if you plan on giving bitcoin then teach them everything about it before you pass away at least.

[davis196]

I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?

Bitcoin might be volatile in the short term, but the BTC price keeps growing steadily in the long term(despite any short term price drops).
This makes BTC a good investment for the portfolios of many investment funds and corporations. Almost no country in the world(except El Salvador) is going to buy BTC and add it in it's currency reserves. Maybe some other underdeveloped countries could follow El Salvador's example in the future.
Bitcoin isn't dangerous. What are you talking about? The only danger related to Bitcoin is the big western countries suddenly deciding to ban BTC trading and mining. However, I don't believe that this will be happening anytime soon.
Why don't you post a link to the Youtube video you just watched?