Can you protect your Bitcoin from market volatility?

[mlawson71]

I think that really depends on where you've bought it. If you've bought it at 60k it's hard to hold when it drops to 30k.

[Paglamon]

It is natural that the cryptocurrency market will always be volatile. However, since the cryptocurrency market is ever-changing, investing here in a hurry can be detrimental. So investors should refrain from rushing to invest in the cryptocurrency market. So I think there is no stability of interest in investing on Bitcoin.

[sacrotic]

I think the post say we should minimize risk but not avoid volatility, use it to make money. Bitcoin should connect with market, it will create chance for income we call it volatility. Protect our asset means never use without plan and for game, our fund is our future. Many strategy can be use to grow our fund and investment is the best one as long we stay with btc. Everyone must protect their asset and the key is discipline and without volatility market will quiet and our money never grow.

[36B]

In my opinion, to do security like that, the only way is to move all bitcoin assets from the exchange to a hardware wallet which can be found at several online stores that are available selling cryptocurrency equipment, so when the exchange is having problems, the bitcoins you have are still safe.

[KaliLinux]

The biggest gift of the cryptocurrency market is its Volatility because without the market's high-level volatility sometimes, most people wouldn't invest in it anyway because there is nothing to gain. Nowadays, people compare how Bitcoin is better than Gold investment why? because over the few years of Bitcoins existence in comparison to Gold, the ROI of Bitcoin V Gold is in the thousands of percent with the same time frame and amount which makes it more interesting, and as some have mentioned, the only thing will be your level of Risk management with Investment and understanding of the market with entry and exist. 

[damsix]

Protecting Bitcoin from market prices that are always changing is the same as trying to stem the vast ocean with our own hands, the same thing will not bear fruit if we protect the price of Bitcoin which is always changing every second.
We can secure our Bitcoins by protecting our private keys or by storing our Bitcoins in trusted exchanges like Binance, but we can't protect against Bitcoin prices that change all the time.

[Mahindra]

Bitcoin and Etherium are the two most popular coins in cryptocurrency. In particular, it can be seen that the most popular is Bitcoin. This coin has grown the most in the market. Especially a few times more than etherium. But Etherium has increased a lot in terms of its price. But I think Ethereum will never be able to overtake Bitcoin.

[Doctor]

I think protect means " reduce risk ", from here we already have different opinion. Volatility is natural situation that all people need to grow his portfolio more active more income but also high risk. Accept it as tools and use it to make money but I agree with manage asset carefully, whatever strategy you take this is point start. Don't afraid with volatility, as friend this natural situation only need to follow and get out before ended.

Of course, we shouldn't afraid with volatility, because volatility always happened at crypto market.
Whales take the profit from this condition.
Buy when dump, hold and will sell when high.
Me as trader also done that, because I believe invest in crypto currency is doing the right time.
Seek the right time to buy and sell.

[Anonylz]

When you say, protecting your Bitcoin against volatility I am guessing you mean how you should take positions in the market when there are dips, that is sell when the market is dipping and buy back when going back up. other than this, there is no protecting Bitcoin from the market volatility because that is a major phenomenon of the market that cannot be controlled at least by yourself anyways. 

[P2P]

I am a new member of this forum. I have no right idea about this. In this regard, you can protect Bitcoin from market volatility. Hopefully over time I will be able to learn everything. I have been able to learn everything slowly from the senior brothers of this forum.

[Batch18-19]

At other times we have generally seen that if the value of bitcoins increased, the value of other currencies would increase. But Lately, it has been seen that despite the pumping of bitcoin prices, the value of any cryptocurrency is not increasing. If the market continues like this, I think the market will go worse

[Freemind]

I am a new member of this forum. I have no right idea about this. In this regard, you can protect Bitcoin from market volatility. Hopefully over time I will be able to learn everything. I have been able to learn everything slowly from the senior brothers of this forum.

No one, absolutely no one can protect Bitcoin from market volatility, especially protect it against whales, the only thing we can do against that is to use stablecoins (USDT, BUSD and others) in combination with Bitcoin to prevent volatility from affecting further the value of Bitcoin, but it is still a time consuming job and monitoring (and understanding) the market practically 24 hours a day. It is possible to do it, but it is also very complicated.

[Bad leyar]

Currently, cryptocurrency has contributed to many large countries in the world. Bitcoin products are being traded in different countries using blockchain technology. Many things can be done through cryptocurrency transactions at present. And what is being traded by cryptocurrency in different types of big companies. This cryptocurrency will go much further in the future.

[DAMKAR]

I am a new member of this forum. I have no right idea about this. In this regard, you can protect Bitcoin from market volatility. Hopefully over time I will be able to learn everything. I have been able to learn everything slowly from the senior brothers of this forum.

No one, absolutely no one can protect Bitcoin from market volatility, especially protect it against whales, the only thing we can do against that is to use stablecoins (USDT, BUSD and others) in combination with Bitcoin to prevent volatility from affecting further the value of Bitcoin, but it is still a time consuming job and monitoring (and understanding) the market practically 24 hours a day. It is possible to do it, but it is also very complicated.

I agree with you, I think we can convert to stable coins such as USDT, BUSD to protect market volatility.
But It is not profitable.
I have used stable coins when market is going down drastically,  then buy more several coin and hold it.
wait the market pumps.

[Sumi]

The only way to protect our BItcoin from volatility is by holding it only and managing our emotions and strategies in trading Bitcoin.
The bitcoin market will not be stable or will be always volatile. That is why we cannot make it volatile. but we can avoid the volatility by holding it only, putting it in our wallet, and then save it for several years sp that we can get higher profits in the next bullrun. This means that we are not influenced by the volatility. At other times we have generally seen that if the value of bitcoins increased, the value of other currencies would increase. But Lately, it has been seen that despite the pumping of bitcoin prices, the value of any cryptocurrency is not increasing. If the market continues like this, I think the market will go worse...