Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Michael.sol on September 04, 2021, 06:49:51 PM
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Hi there,
Cryptocurrency has a volatile market, and there are moments when investors can expect high turnover rates and growth while others aren’t as lucky. In times like this, it’s important to be educated by learning about the ins and outs of managing your cryptocurrencies to avoid drastic changes in the market.
Frequent crypto traders know that investing their digital assets in the market comes with pros and cons. Risks cannot be avoided in any form of investment, so the best thing you can do is devise strategies on how you can protect your digital assets from the volatility of the Bitcoin market.
However, most people wonder if it’s even possible to protect your Bitcoin or other assets from crypto market volatility. You may not be able to avoid it entirely but you can take several measures to lessen its impact on your hard-earned investments.
Tips to protect your Bitcoin from market volatility :-
Seasoned traders are able to distinguish good investment options from bad ones. However, this ability comes from experience and research. To make the most of your investment, here are some steps you can make to protect your Bitcoin from market volatility:
Personal research and education:-
Before starting, do your own research and educate yourself on the process of how to invest in crypto. This is especially important for first-time investors and beginners in the world of digital assets. Get an idea of how the market works first and familiarise yourself. The more you know about the market, the more you can make informed decisions on what will benefit your investments.
Read articles online, watch informative videos on YouTube or enlist the help of your friends and family who also invest in crypto. Knowledge is power in this volatile market, and to become adept in both crypto trading and investing, you will need the dedication to find the right information to make the right decisions.
Manage your money :-
Now that you have an idea of how the crypto market works, you will have to learn how to manage your funds well. Be sure to keep track of your money and have a record of everything you do such as transactions and losses and profits while trading. Managing your money and keeping track of it is an excellent way to protect it from market volatility.
To help you out, you can get tracking apps or platforms to provide assistance. Some of these apps include Blockfolio, Altpocket and CoinTracking. Utilise these tools to manage your investments and get an edge on the market.
Watch the market trends closely:-
This tip goes hand in hand with managing your money. While keeping track of your funds, be sure to monitor the market trends as well and understand how they move. Check to see if certain patterns affect the market trends and how they relate to the strategies you’re using for your investments.
When your digital assets ascend, descend or stay in a linear position, traders need to be on high alert for what happens next. Some people set reminders to check their funds at least every other day or once a week at most. You can also read about the crypto market and familiarise yourself with the trends, no matter how new or old they are.
Build a good portfolio :-
An investment portfolio is a collection of data that holds all of your investments and transactions online. You can think of it as putting all data of your cryptocurrencies in one space. If you ever want to look back on some of your previous trades, you can do so in an organised manner by having a good portfolio.
The benefits of having a portfolio go beyond something as simple as collation. You can use it on your own or enlist the help of professionals like fund managers and financial experts. A portfolio will show the pattern of your trading habits and help the experts make an informed decision to improve your trading experience.
Cautious yet streetwise trading:-
As previously mentioned, the volatility of the crypto market cannot be predicted accurately. You can rely on certain articles or the advice of experts, but you need to have your own trading style as well. To succeed in the crypto market, you have to know when to invest carefully and when to take risks. Always think twice before making a decision.
Think practical and your investments should follow afterwards. You can implement smart trading by learning the ins and outs of the market, doing your personal research and making decisions based on logical reasons instead of just hopping on the bandwagon.
Be open-minded while trading:-
When investing or trading, don’t be afraid to take certain risks. Try to be open-minded and seek out new trends and strategies that other traders are trying. For example, more people nowadays are looking to try day trading, which is buying and selling digital assets within 24 hours to make a quick profit. There are also other strategies like swing trading and scalping.
Although it seems like the best and safest decision is to stick with your routine, it won’t work forever. If the Bitcoin market is volatile, you should be able to adapt and change with the market to avoid falling victim to volatility and losing your funds.
Thanks for reading and you’re welcome to share your thoughts and tips.
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There is no way to avoid it as it is on the very nature of Bitcoin to go up and go down in a dramatic fashion...but why avoid it on the first place? People who don't want to experience volatility should never be involved with something that is...or never have Bitcoin in the first place. Now, the best thing to do is just hold your Bitcoin and forget about it, get back maybe two years from now and see how the coin has grown a lot. Volatility is a two-edged sword...it can go down we become sad but it goes up we are smiling. And I don't think Bitcoin will be growing as it is now without volatility. People who are trading, of course, can use many strategies to make more profits with Bitcoin's volatility rather than be victimized by it.
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There will always be high price volatility in the cryptocurrency market, and this is what makes this market different from the rest. Therefore, we can only take certain measures to mitigate this effect, but it is impossible to completely protect against it. And it is hardly worth fighting against high price volatility. Thanks to her, we have the opportunity to receive high profits, which are much higher than in other markets. This is both a disadvantage and a great advantage of cryptocurrency.
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One of the characteristics of Bitcoin is its volatility.
We know that Bitcoin is always volatile and that is why this is sometimes very interesting and we can get some profits from it. Btw, the volatility of BItcoin is very high. And we can not protect it from volatility. If we are willing to protect our assets from volatility, one to remember is never panic. Because, if we panic enough because of this volatility, we will lose our Bitcoin to sell at the dipping price. And it means that we lose some of our money. By not panicking, we can manage our asset in order to keep enough whether the price of Bitcoin has dropped very significantly.
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One of the characteristics of Bitcoin is its volatility.
We know that Bitcoin is always volatile and that is why this is sometimes very interesting and we can get some profits from it. Btw, the volatility of BItcoin is very high. And we can not protect it from volatility. If we are willing to protect our assets from volatility, one to remember is never panic. Because, if we panic enough because of this volatility, we will lose our Bitcoin to sell at the dipping price. And it means that we lose some of our money. By not panicking, we can manage our asset in order to keep enough whether the price of Bitcoin has dropped very significantly.
Youre right, volatility is characteristic of bitcoin and other crypto currency.
We could get earn from this.
But the dip, hold and sell when high.
No one could protect bitcoin from market volatility, that's impossible.
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Indeed. I think the best thing the vast majority of traders can do is just adapt to the market. Be ready for anything and never fail to use a good opportunity to trade.
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Volatility cannot be avoided, it is something natural in crypto market. We just need to deal with the volatility with a proper strategy in managing our crypto assets. There are many things to be considered to deal with volatility. One of them is to learn the fundamental factors and charts to know where the price is to move in the near future.
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What do you mean by protecting from its volatility? Do you mean that what we can do to our Bitcoin because of its volatility?
We all know that Bitcoin is very volatile from the first time. The price is never stable and the market is always volatile, more than others. No need to worry about the volatility, it will always be like that. What we need to do is not panicking, using the volatility to trade, or even getting scalping and other advantages.
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What do you mean by protecting from its volatility? Do you mean that what we can do to our Bitcoin because of its volatility?
We all know that Bitcoin is very volatile from the first time. The price is never stable and the market is always volatile, more than others. No need to worry about the volatility, it will always be like that. What we need to do is not panicking, using the volatility to trade, or even getting scalping and other advantages.
Volatility is good thing for trader and investors.
We can get profit form it, buy when low and sell when high
If bitcoin is stable coin, I think It's not decentralized system.
It will be centralized.
So, I think no one could protect from volatility.
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I think it depends on just how volatile a coin is. Some volatility is good, but constant drama is not something that can create trust.
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I think it depends on just how volatile a coin is.
What are you trying to describe?
I don't think there is a way to protect volatility whatever the coin is. Even stable coins sometimes fluctuate although the price move is not as significant as other types of crypto coins. The prices of all crypto coins basically are not stable, that volatility is like the nature of crypto coins. So, if someone doesn't like the volatility, they shouldn't choose to invest in crypto coins.
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We cannot protect from market volatility because it is something that is related to each other. BTC is volatile and what we can do is controlling ourselves in order to be calmer and wiser in facing every market condition. VOlatility is good for trading
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Above all we can discuss that Bitcoin is the regulator of the cryptocurrency market. This means that all cryptocurrencies bounce depending on the price of Bitcoin. Bitcoin has ruled the cryptocurrency market and helped all other coins survive. So Bitcoin is able to adapt to any adverse environment. Because people invest in Bitcoin even in situations that are not as fragile as stone. So the place of human fidelity has been created here. So the bitcoin market is constantly growing.
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We cannot protect from market volatility because it is something that is related to each other. BTC is volatile and what we can do is controlling ourselves in order to be calmer and wiser in facing every market condition. VOlatility is good for trading
No one can control bitcoin, juts depends on demand and supply.
So.I don't believe we can protect bitcoin from market volatility.
Bitcoin and altcoin market always volatile.
It will happen as long as decentralized has been used.
So, bitcoin will never stable.
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Maybe the only way to protect your Bitcoin from market volatility is to by using the stop loss feature, I don't think if there are other options unless you are a day trader so you have specific hours to trade which means you will be able to sell quickly when Bitcoin drops hugely.
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There is no way to avoid it as it is on the very nature of Bitcoin to go up and go down in a dramatic fashion...but why avoid it on the first place? People who don't want to experience volatility should never be involved with something that is...or never have Bitcoin in the first place. Now, the best thing to do is just hold your Bitcoin and forget about it, get back maybe two years from now and see how the coin has grown a lot. Volatility is a two-edged sword...it can go down we become sad but it goes up we are smiling. And I don't think Bitcoin will be growing as it is now without volatility. People who are trading, of course, can use many strategies to make more profits with Bitcoin's volatility rather than be victimized by it.
Yes, you're right, as you said There is no way to avoid it as it is on the very nature of Bitcoin to go up and go down .
I agree.
up and down always happen at bitcoin.
We cannot protect but can get profit from it.
Buy when low , hold and sell when high.
Its basic strategy to invest bitcoin and good way to face volatility.
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Yes,we can protect our money to follow some instructions.If we managing our money and keeping it truck is an excilent way to protect our money from market volatility.We also built a good portfolio to project bitcoin from market volatility.We also open minded when we are treating.So i trust that if we follow the instructions from the cryptocurrency market,we believe that we will protect our bitcoin from market volatility.
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If you could protect bitcoin from market volatility, I think You're amazing.
I personally never can protect my bitcoin from volatility, onlty hold when dump and wait will sell while pump.
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No, we will not be able to protect or guarantee our Bitcoin from volatility.
Volatile is one of the characteristics of Bitcoin. That is why any traders love this because of the volatility.
The most important thing is not being panic with the volatile price and we can continue taking profits form the volatility
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Maybe the only way to protect your Bitcoin from market volatility is to by using the stop loss feature, I don't think if there are other options unless you are a day trader so you have specific hours to trade which means you will be able to sell quickly when Bitcoin drops hugely.
No need to put stop loss mate but i think the best strategy to protect our btc is do DCA of our investment. Because if you have no planning to sell your bitcoin or others coin then why you need to put any stop loss? This will ensure your lose more. This is why i think , if your investment goes down, just buy more and more . This will help you to maximize your profit more mate.
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Why should protect Bitcoin ??
Let Bitcoin flow by itself because Bitcoin is really very volatile since it was first created which of course the price goes up and down and can be predicted.
My Bitcoin is stored in the local market and after the market recovers and is green I Withdraw to Binance to trade every day, maybe my trick is different from others but this is my way to trade and hold Bitcoin in the long term.
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I think you can secure it in a hard wallet which is currently available in several online stores that you can buy, because in my opinion, securing assets in the form of bitcoin in a hard wallet can provide a lot of profit and stay safe.
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I mean, even in a hard wallet the price at which you can exchange crypto for fiat currencies and other cryptos will change independently of the hard wallet.
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no one knows how bitcoin will behave in the market today, so it's hard to evaluate your recommendations by 100%, but they are still useful for a beginner, bitcoin is very volatile in its structure and will either grow or fall sharply, only people who know how to wait will be able to benefit from it
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no one knows how bitcoin will behave in the market today, so it's hard to evaluate your recommendations by 100%, but they are still useful for a beginner, bitcoin is very volatile in its structure and will either grow or fall sharply, only people who know how to wait will be able to benefit from it
Yes, wait when bitcoin has correction, always be the best way to do.
Bitcoin is very volatile, we should wait when dump.
Bitcoin will recover again soon.
I also still hold my coins now.
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Bitcoin itself is a source of price volatility and is inseparable from it. Therefore, we cannot protect bitcoin from ourselves. Decentralized cryptocurrency is characterized by increased price volatility and without it, it will be practically uninteresting to a significant part of the participants in this market.
Of course, high price volatility plays both a positive and a negative role for cryptocurrency. But cryptocurrency will remain decentralized as long as its high volatility persists.
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Agreed, BTC is the engine of crypto, all others are wagons.
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That is why I generally only tend to trade that crypto, sometimes together with Ethereum. Everything else does whatever Bitcoin does anyway.
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No. Because volatile is the characteristic of Bitcoin.
We can see how volatile Bitcoin so far. We can use the volatility to make profits. But if cannot, we can really loose much money because of volatility.
So, just be careful
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Probably this will never happen and you will never protect bitcoin from market volatility. The market shows by this how profitable the cryptocurrency is now and when most investors sell it, the market starts to sit well and you need to catch such moments to earn a little when the market is restored.
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Probably this will never happen and you will never protect bitcoin from market volatility. The market shows by this how profitable the cryptocurrency is now and when most investors sell it, the market starts to sit well and you need to catch such moments to earn a little when the market is restored.
Yeah, It never happen to protect bitcoin from market volatility.
Because decentralized system always fluctuate and cannot be controlled.
Whales can do strategy to rise up market, but It will need much money.
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Probably this will never happen and you will never protect bitcoin from market volatility. The market shows by this how profitable the cryptocurrency is now and when most investors sell it, the market starts to sit well and you need to catch such moments to earn a little when the market is restored.
Yeah, It never happen to protect bitcoin from market volatility.
Because decentralized system always fluctuate and cannot be controlled.
Whales can do strategy to rise up market, but It will need much money.
That's true, no one can protect our crypto especially bitcoin from market volatility.
Maybe we should have good strategy to reduce the lost.
And always keep hold when dump.
Because crypto going up again.
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if you want to secure bitcoin assets that are more secure and not located in an exchange then you can use a hard wallet that you can use anywhere and without having to be connected to any exchange so that the assets you have are safe and can be used for long-term savings.
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Sometime in 2019, I was try something new other than simple holding, first I was compared the market trend and when the market is going down, I will convert my Bitcoin into a stable coin such as USDT, and re-buy the USDT for Bitcoin when the price is already gone down and because of that strategy I was able to increase my Bitcoin holdings at that time up to 25 percent but sometimes it didn't work well if the market did not move further in a day.
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It is the high price volatility that is the peculiarity of this market and it is precisely this quality that attracts its participants. Therefore, on the one hand, a decentralized cryptocurrency cannot exist without high volatility, and on the other hand, the volatility of this market cannot be eliminated by any measures, since supply and demand on it are not regulated by anyone. If there is no high price volatility, this market will cease to be interesting, since it is this feature that allows traders to earn large profits.
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Sometime in 2019, I was try something new other than simple holding, first I was compared the market trend and when the market is going down, I will convert my Bitcoin into a stable coin such as USDT, and re-buy the USDT for Bitcoin when the price is already gone down and because of that strategy I was able to increase my Bitcoin holdings at that time up to 25 percent but sometimes it didn't work well if the market did not move further in a day.
You only get profit from volatility, I think no one can protect bitcoin from volatility.
As trader and investors we should gain more profit from the bitcoin volatility.
Because If bitcoin will more stable, It's really difficult to gain big profit.
It's just my crypto analysis. I believe bitcoin and crypto will always volatile.
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Prices can change at any time.
Bitcoin in decentralized design.
The private key is specific to the owner.
We can't stay away from the Bitcoin price, which changes all the time because Bitcoin is decentralized.
Bitcoin is still as pure as when it was first created and Bitcoin cannot be a stable price because Bitcoin is decentralized.
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Prices can change at any time.
Bitcoin in decentralized design.
The private key is specific to the owner.
We can't stay away from the Bitcoin price, which changes all the time because Bitcoin is decentralized.
Bitcoin is still as pure as when it was first created and Bitcoin cannot be a stable price because Bitcoin is decentralized.
Yeah bitcoin is decentralized system, bitcoin will never stable.
That's the reason why many people invested in bitcoin, because the volatility of bitcoin.
Bitcoin will dump and also will pump.
But bitcoin price will never back to beginning price.
It will more expensive, increase and increase..
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A market that fluctuates is very reasonable when viewed from cryptocurrencies because cryptocurrencies are always going up and down in price without clarity or the price of cryptocurrency cannot be guessed.
I would be happier if I saw Bitcoin price movements change rapidly like it was in 2013 but for now the Bitcoin price changes are not too far away every day.
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Sorry to say but there’s no way to protect our BTCs from market volatility unless you wanna convert it to a stablecoin like USDT, BUSD, USDC, DAI, etc. Whether you like it or not, no matter which wallet you use either hardware wallet, mobile wallet, exchange, etc., you cannot avoid BTC from being immune to market volatility.
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Bitcoin started pricing in increased rates in November. Rate increases will be very negligible because the rate increases actually needed to reign in inflation would destroy world economic systems. 25 basis points is definitely priced in, 50 basis points is somewhat priced in.
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Sorry to say but there’s no way to protect our BTCs from market volatility unless you wanna convert it to a stablecoin like USDT, BUSD, USDC, DAI, etc. Whether you like it or not, no matter which wallet you use either hardware wallet, mobile wallet, exchange, etc., you cannot avoid BTC from being immune to market volatility.
This is true and I agree, we will not be able to avoid market volatility because this is the nature of Bitcoin.
And it's true that only stable coins whose price is not affected by price volatility in the market, but with this market volatility we actually have the potential to benefit from holding Bitcoin.
so we don't have to worry about the Bitcoin that we hold, even though the price has a very high volatility.
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What do you look for in Bitcoin if Bitcoin has a stable price?
What is Bitcoin looking for if Bitcoin is centralized?
We will not look for Bitcoin anymore if the price is stable and centrally regulated by one financial institution because if that is the case, it is better for us to just buy shares in various markets.
Pure Bitcoin is decentralized and volatile so Bitcoin can likely continue to be expensive and continue to be contested by everyone across the market.
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As we can see. Bitcoin hit a jump of $47,106.14 last month. Looking at him. Bitcoin has declined. But ups and downs are the law of crypto. I think this. It's a simple matter. We must be patient. And should wait.
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What if I do not want to sell my bitcoin for another 5 years. I do not care about any market volatility because I will not sell no matter where the price goes. My ambition is bigger and the only thing I want to do in a bear market buys more bitcoin from the market and increase my BTC holding. It is up to you what you want to do.
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What if I do not want to sell my bitcoin for another 5 years. I do not care about any market volatility because I will not sell no matter where the price goes. My ambition is bigger and the only thing I want to do in a bear market buys more bitcoin from the market and increase my BTC holding. It is up to you what you want to do.
Your ambitions is good. During beaesig we should buy more and hold our coin until bullish again.
I think none can protect bitcoin from market volatility.
Bitcoin and altcoin will always volatile.
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if we take into account only bitcoin, then it is almost impossible to influence its volatility, this is already an irrefutable fact with the history of bitcoin for more than 10 years.If you want coins without volatility, these will be stablecoins of the USDT, USDC, BUSD type.
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I think none can protect bitcoin from market volatility.
Bitcoin and altcoin will always volatile.
Indeed. No one can prevent their coins from volatility since it is impossible. The nature of crypto coins is volatile, only stable coins that can have a quite stable value/price. If someone doesn't like volatility, he/she can choose stable coins, their prices are quite stable although still have some changes. Anyway, nothing wrong with volatility, it even makes us to get a bigger chance to take huge profits.
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It's very difficult to do that, or you could say it's impossible to do. Many people hold Bitcoin, some are selling, some are buying, some are holding it. This is what makes the price of Bitcoin highly volatile, and we cannot avoid this.
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The entire cryptocurrency market is subject to high price volatility. It is a characteristic feature of this market and cannot be changed. After all, the cryptocurrency market is not regulated by anyone, and prices are formed solely on the basis of the supply and demand ratio.
No, there will always be high price volatility in the decentralized cryptocurrency market.
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The entire cryptocurrency market is subject to high price volatility. It is a characteristic feature of this market and cannot be changed. After all, the cryptocurrency market is not regulated by anyone, and prices are formed solely on the basis of the supply and demand ratio.
No, there will always be high price volatility in the decentralized cryptocurrency market.
Yeah, no one can change the volatility of bitcoin market.
Not only bitcoin almost all of crypto currencies are not stable , except stable coins such USDT, BUSD etc.
I don't think about how to protect volatility, because we can gain profit from volatility.