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Author Topic: Investors are panicking due to Bitcoin's current volatility.  (Read 12137 times)

Offline debra

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #150 on: November 19, 2024, 11:04:10 PM »
Moreover, despite the fact that most of the altcoins correlate with Bitcoin, there is still need to be cautious in selection of those assets we intend to invest in. Not all altcoins are alike, so as an investor we must ensure that we grasp the value and the project behind each coin. In this manner, we can exercise more control of our investments and therefore reduce impulse on investment decisions because of popular trends.
Of course, not every altcoin is good for holding. We must choose the most trending altcoin, or we choose the altcoin with most potential fundamentals. We also need to check the current news around of the altcoins, and we must check the price growth progress of the altcoins, too. This way is the right way to avoid possible severe losses because some altcoins may experience bad ends during this bullrun season. However, if we don't want to take risks with altcoins, we are better to focus on Bitcoin. Investing in Bitcoin is safe enough, it is easier to know the entry and exit time for Bitcoin holding.


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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #150 on: November 19, 2024, 11:04:10 PM »

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Offline Rubel007

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #151 on: November 20, 2024, 12:19:46 PM »
Moreover, despite the fact that most of the altcoins correlate with Bitcoin, there is still need to be cautious in selection of those assets we intend to invest in. Not all altcoins are alike, so as an investor we must ensure that we grasp the value and the project behind each coin. In this manner, we can exercise more control of our investments and therefore reduce impulse on investment decisions because of popular trends.
Of course, not every altcoin is good for holding. We must choose the most trending altcoin, or we choose the altcoin with most potential fundamentals. We also need to check the current news around of the altcoins, and we must check the price growth progress of the altcoins, too. This way is the right way to avoid possible severe losses because some altcoins may experience bad ends during this bullrun season. However, if we don't want to take risks with altcoins, we are better to focus on Bitcoin. Investing in Bitcoin is safe enough, it is easier to know the entry and exit time for Bitcoin holding.
Agree, there are a lot of altcoins in recent times, which is why choosing a good altcoin must be considered carefully. Some altcoins seem very strong in the bull market, but when the market goes into a bear market, those coins will lose value. That's why there is no benefit in keeping those altcoins for years. But if long-term planning is possible considering the security, there is definitely no better alternative than Bitcoin. While an investor may not be able to make immediate profit in Bitcoin investment, he will definitely be able to be profitable in the long run.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #151 on: November 20, 2024, 12:19:46 PM »

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Offline LUCKMCFLY

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #152 on: November 21, 2024, 01:13:03 AM »
currently it looks like bitcoin will have a correction but i haven't heard any bad news about it, is this the effect after bitcoin touches ATH $93K we will see a correction first. then bitcoin will reach the next ATH approaching $100K or exceeding $100K. let's see..
i also hope for a correction because i will make a solana purchase
The truth is that this scenario could very well occur, of course it must also be considered that at $93k they got a lot of supply and so it was no longer prudent to continue with the option of going up, in this sense we must be equally prudent, continue with the good analysis and prepare for both scenarios, to reach $100k and to wait for a strong, weak or whatever correction, but we must be aware that anything can happen, if the correction is strong you must hurry to buy.

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Offline rizqillah

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #153 on: November 21, 2024, 10:01:49 AM »
currently it looks like bitcoin will have a correction but i haven't heard any bad news about it, is this the effect after bitcoin touches ATH $93K we will see a correction first. then bitcoin will reach the next ATH approaching $100K or exceeding $100K. let's see..
i also hope for a correction because i will make a solana purchase
The truth is that this scenario could very well occur, of course it must also be considered that at $93k they got a lot of supply and so it was no longer prudent to continue with the option of going up, in this sense we must be equally prudent, continue with the good analysis and prepare for both scenarios, to reach $100k and to wait for a strong, weak or whatever correction, but we must be aware that anything can happen, if the correction is strong you must hurry to buy.
Looking at the current market conditions, it seems that bitcoin is getting stronger day by day, so I am also waiting for a correction because I plan to buy some potential coins that I can hold until next year. While the current price is very high, although some altcoins are still far from ATH, we should wait until there is a correction to be able to buy at a lower price. because the basic principle of investment is to buy at a low price and sell at a higher price. A principle that seems easy to do but in the process it requires experience and proper analysis, as well as predictions that are close to accurate.

Offline MRY

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #154 on: November 21, 2024, 05:47:45 PM »
Moreover, despite the fact that most of the altcoins correlate with Bitcoin, there is still need to be cautious in selection of those assets we intend to invest in. Not all altcoins are alike, so as an investor we must ensure that we grasp the value and the project behind each coin. In this manner, we can exercise more control of our investments and therefore reduce impulse on investment decisions because of popular trends.
Of course, not every altcoin is good for holding. We must choose the most trending altcoin, or we choose the altcoin with most potential fundamentals. We also need to check the current news around of the altcoins, and we must check the price growth progress of the altcoins, too. This way is the right way to avoid possible severe losses because some altcoins may experience bad ends during this bullrun season. However, if we don't want to take risks with altcoins, we are better to focus on Bitcoin. Investing in Bitcoin is safe enough, it is easier to know the entry and exit time for Bitcoin holding.
Agree, there are a lot of altcoins in recent times, which is why choosing a good altcoin must be considered carefully. Some altcoins seem very strong in the bull market, but when the market goes into a bear market, those coins will lose value. That's why there is no benefit in keeping those altcoins for years. But if long-term planning is possible considering the security, there is definitely no better alternative than Bitcoin. While an investor may not be able to make immediate profit in Bitcoin investment, he will definitely be able to be profitable in the long run.
Deciding on which altcoins are actually promising does need some amount of expertise, particularly as a result of the volatile nature of the area. It is imperative to avoid fixing our sight on short term gains during the bull run and start asking questions like, does this altcoin project look fundamentally sound? In addition to this, volatility which is the subject of the freedoms of a portfolio during bad market conditions also highlights to investors the need to diversify their portfolio to minimize risks.

Bitcoin is generally adopted in the long term because of its better performance as a more profitable currency than altcoins. If there is one thing that people will be getting from watching Born has been patient accumulation of values in the many years that have passed. The way we suggested it is that through diversifying between Bitcoins and other promising assets one can be ready for any situation, without leaving the markets.

Offline Aanuoluwatofunmi

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #155 on: November 21, 2024, 06:56:24 PM »
Why should we be too emotional with our investment, are we not sure of what to expect from it, or maybe we have make use of a trial by error method towards the speculation we made and we definitely know there is something big and very bad coming, if not applicable on all these, then we are expected to invest and take our time to rest while watching as the market goes in our favour and not to be so nervous, doing so wont make anything change about the risk we have already taken concerning our investment.

Offline LUCKMCFLY

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #156 on: November 27, 2024, 10:56:13 PM »
Looking at the current market conditions, it seems that bitcoin is getting stronger day by day, so I am also waiting for a correction because I plan to buy some potential coins that I can hold until next year. While the current price is very high, although some altcoins are still far from ATH, we should wait until there is a correction to be able to buy at a lower price. because the basic principle of investment is to buy at a low price and sell at a higher price. A principle that seems easy to do but in the process it requires experience and proper analysis, as well as predictions that are close to accurate.

The truth is that I think what you are waiting for is very intelligent , because the correction should be taken advantage of for a lot, to buy as you say , but it is very likely that there Will be two corrections because bitcoin does not always break its bullish run at the first correction but at the second, because I think that when Trump takes office it is very likely that the price of Bitcoin will rise much more, so these things, these details are good to know and know how to use them , of course it is a simple prediction but it can happen.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #156 on: November 27, 2024, 10:56:13 PM »


 

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