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Author Topic: Investors are panicking due to Bitcoin's current volatility.  (Read 12178 times)

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #15 on: August 30, 2024, 06:29:57 PM »
Bitcoin price has always been volatile, and readily fluctuates at any point in time. But I seem to have noticed it's rapid change in the last 2-3weeks, as it keeps experiencing a short dip, and also moving upward. I am not really sure of what has been the cause behind these fluctuations, but we are all noticing it's effect from the price.

I think I saw around $60K yesterday, and now we are down to $58K. Maybe it's just another period of investment opportunity for those that hasn't accumulate much, or those that have long term investment plans. Since we can't really tell of what tomorrow's price will be, then it's advisable to capitalize on the price that this current moment offer.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #15 on: August 30, 2024, 06:29:57 PM »

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #16 on: August 30, 2024, 06:39:43 PM »
This volatility is very good for many people
Most of my portfolio is HODL, both BTC and ETH, but this high volatility is good for those who manage to take advantage of some trades

It's good to buy BTC below 59k and sell when it rises to 62k and above (I'm not saying to buy at 59k and sell at 62k exactly)
It doesn't need a lot of analysis, it's a way I can accumulate more satoshis without too much risk. In this volatility I bought BTC at 60k and sold at 66k to buy again at 60k, 10% more satoshis to the long term
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #16 on: August 30, 2024, 06:39:43 PM »

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #17 on: August 30, 2024, 06:39:48 PM »
Bitcoin is at 57k as of writing, yesterday it's somewhat at 59k, a 2k difference in a single day is a good opportunity from different traders to gain profit. I don't think panicking is a good term when more are going to buy.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #18 on: August 30, 2024, 08:02:59 PM »
I am very excited rather than panicked at this time of Bitcoin. Because this price of Bitcoin allows me to buy more. I am a DCA investor, although I don't pay much attention to the value of Bitcoin. But when I buy bitcoin below $60k I feel happy and think this is the last time I buy at this price, and I may never buy bitcoin at this price. Believe it or not, I'm happier when the price of Bitcoin goes down than up. You can probably understand why. The reason I don't panic is that I only look at the bitcoin price list when I'm ready to buy bitcoins.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #19 on: August 30, 2024, 08:08:35 PM »
Bitcoin is at 57k as of writing, yesterday it's somewhat at 59k, a 2k difference in a single day is a good opportunity from different traders to gain profit. I don't think panicking is a good term when more are going to buy.

Looks good when you have a value worth a Bitcoin value or perhaps you have the mind to leverage your position with your margin, there is no way you can make 2k from that trade otherwise. There are some people who have more than such capital though and they enjoy more than that value, the power lies in your capital and how much you can invest in Bitcoin for that moment.

Anyone panicking about Bitcoin price at this level obviously doesn't understand the market mentality. It was there like that some days ago and it went up as high as $60k before it came down again to settle here, definitely going to repeat that again.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #20 on: August 30, 2024, 08:40:26 PM »
Bitcoin is at 57k as of writing, yesterday it's somewhat at 59k, a 2k difference in a single day is a good opportunity from different traders to gain profit. I don't think panicking is a good term when more are going to buy.

Looks good when you have a value worth a Bitcoin value or perhaps you have the mind to leverage your position with your margin, there is no way you can make 2k from that trade otherwise. There are some people who have more than such capital though and they enjoy more than that value, the power lies in your capital and how much you can invest in Bitcoin for that moment.

Anyone panicking about Bitcoin price at this level obviously doesn't understand the market mentality. It was there like that some days ago and it went up as high as $60k before it came down again to settle here, definitely going to repeat that again.
I agree in trading to achieve big profits must be with a large capital because if we take a new coin, the risk is definitely greater if the analysis is wrong we can lose. Don't expect 2x profit because I think 10% profit is good enough.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #21 on: August 30, 2024, 09:35:58 PM »
While the current price of Bitcoin is fluctuating much less, it looks like the price of Bitcoin will rise again which is expected to reach 70K.
Fluctuating much less?
I assume its fluctuation is normal. If it is hard to increase again to $70k, it is because we still have some bad news. We are also in the month that Bitcoin are mostly in red market. Just take a look at Bitcoin monthly return!

Although there are many investors who are currently invested and plan to hold it for a long time then you can continue to do so as the value of Bitcoin will definitely increase.
Sure, we will keep holding. There is no reason to sell Bitcoin now. I expect to sell the Bitcoin when the price reaches $100k. I think most people have similar target, selling at $100k+. So far, Bitcoin price growth looks good, there is no big problem. Although we still have bad news about MT GOX repayment distribution to the creditors, it seems almost over. In October, I guess there will be a new rally for Bitcoin price.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #21 on: August 30, 2024, 09:35:58 PM »


Offline AllenSays

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #22 on: August 30, 2024, 09:47:41 PM »
Price fluctuation is normal in BTC and even the whole crypto market. It can panic the newbie investors, but for long-term firm hands, it doesn't matter. Look at the price in 2017. Is it the same as it looks today? So, why worry about it so much?

Offline vegasus

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #23 on: August 30, 2024, 11:14:06 PM »
Sure, we will keep holding. There is no reason to sell Bitcoin now. I expect to sell the Bitcoin when the price reaches $100k. I think most people have similar target, selling at $100k+. So far, Bitcoin price growth looks good, there is no big problem. Although we still have bad news about MT GOX repayment distribution to the creditors, it seems almost over. In October, I guess there will be a new rally for Bitcoin price.
Only traders or short-term holders might do it, selling Bitcoin to immediately buy it at a lower price. Or they do play in a time frame of 4 hours at least, or faster.

However, for holders in particular, it will definitely take longer. No matter whether the market or Bitcoin price drops drastically, as long as they have not experienced a bullish peak season, they should still keep holding, unless the target price has been reached and then the market drops, that is what must be watched out for because it could possibly lead to bearish.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #24 on: August 30, 2024, 11:25:31 PM »
We had a sideways market for a while now, there's some up and down movement, but without any drastic jumps and the price sits within a range that for crypto is considered stable. So I don't think any investors would be panicking about high volatility. It's probably more likely that more speculators are panicking about the lack thereof.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #25 on: August 31, 2024, 02:29:21 AM »
...
Sure, we will keep holding. There is no reason to sell Bitcoin now. I expect to sell the Bitcoin when the price reaches $100k. I think most people have similar target, selling at $100k+. So far, Bitcoin price growth looks good, there is no big problem. Although we still have bad news about MT GOX repayment distribution to the creditors, it seems almost over. In October, I guess there will be a new rally for Bitcoin price.

I have the same feeling
If BTC manages to reach 100k, I think this price range will be very problematic, since MANY, MANY people should have the same target, 100k
There could be a lot of volatility in this price range

I confess that I'm thinking of selling a small part of it myself (really small), at 100k. I'm not willing to sell for less than that
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #26 on: August 31, 2024, 04:25:11 AM »
While the current price of Bitcoin is fluctuating much less, it looks like the price of Bitcoin will rise again which is expected to reach 70K.  Although there are many investors who are currently invested and plan to hold it for a long time then you can continue to do so as the value of Bitcoin will definitely increase.

Expected is the keyword here, meaning we really don't know when it's going to hit $70k or what will be the all time high for this cycle. And so with that, we should be just ready for the worst and for a long term holder, be absolutely tough mentality and not to be influence by the swing of the price. August has ended, we are like in the -9%. Nevertheless, we should be looking positive as usually September to December, we might see a big pump. Just remember that this is not the time to sell, you will still a lot of profits in the next month or even in 2025, so just continue to HODL.
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Online bitterguy28

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #27 on: August 31, 2024, 07:23:15 AM »
While the current price of Bitcoin is fluctuating much less, it looks like the price of Bitcoin will rise again which is expected to reach 70K. 
70k is not even the highest expected price of bitcoin most think that 70k is the resistance level so when bitcoin reach 70k it is expected that it will reach high prices everyone is expecting bitcoin to reach 100k in this cycle



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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #28 on: August 31, 2024, 02:35:51 PM »
While the current price of Bitcoin is fluctuating much less, it looks like the price of Bitcoin will rise again which is expected to reach 70K.  Although there are many investors who are currently invested and plan to hold it for a long time then you can continue to do so as the value of Bitcoin will definitely increase.
This is not true at all that when BTC is not that volatile and it will pump, as there are chances that it might dump as well. Because last time BTC was resisting to hold on to the position of $60k and then dropped to $56k instead of rising up as there was bad news in the market. I consider myself an investor, and I don't panic due to the current volatility of the BTC.

Because as an investor, I can wait for the market to pump, and if you think the current state is giving the vibe of pumping, then why do you think the investors would be panicking due to the current market situation?
The capital to become an investor is calm and patient, because bitcoin is very volatile. Currently, bitcoin's price is decreasing after reaching ATH $ 73k and it seems that bitcoin is having difficulty touching that price again, stay calm because the bullish season is still long. We will see bitcoin's price touch ATH before this year ends.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #29 on: August 31, 2024, 09:42:59 PM »
The capital to become an investor is calm and patient, because bitcoin is very volatile. Currently, bitcoin's price is decreasing after reaching ATH $ 73k and it seems that bitcoin is having difficulty touching that price again, stay calm because the bullish season is still long. We will see bitcoin's price touch ATH before this year ends.
I can't agree more with you because investors and holders should stay calm and patient when there are dumps in the market because these dumps don't indicate a permanent downtrend instead, they indicate that there will be a huge buying pressure from the buyers now when the price will dump. More money means more demand.

The price of the BTC will increase, and speaking of volatility and panicking with it is stupid for mature investors because if you, as an investor, have not invested with funds that you don't depend on for your day-to-day expenses, then there is no need to get panic because the market will eventually recover and this confidence can only be built after spending some time in BTC market.
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