Could you protect your Bitcoin from market volatility?

[therozaq]

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.

[Azharul]

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.

[mahadev]

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.

[I-Bit]

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

[Review]

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.

[damsix]

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.

[BOAEDAN]

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.

[mlawson71]

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.

[Evgenklm]

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

[elbans89]

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.

[Senin]

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.

[Cloud_Crypto]

Agreed, BTC is the engine of crypto, all others are wagons.

[mlawson71]

That is why I generally only tend to trade that crypto, sometimes together with Ethereum. Everything else does whatever Bitcoin does anyway.

[UNIVERSE]

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

[Afony]

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.