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Author Topic: Investors are panicking due to Bitcoin's current volatility.  (Read 12192 times)

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #30 on: September 01, 2024, 01:09:15 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.  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.
Holding is always a personal choice, that is, it's something the person will have to decide on his or her own.
Often times, those who are already very rich can decide to invest some of their money on bitcoin and forget about it,, for this type of people, they can hodl for several year until the price target they have in mind is achieved.

This is why it is often adviced that anyone investing in bitcoin should already have something doing that is fetching the person money, like maybe owning a business of your own or working on a company for monthly salary, this can help an investor hold his or her bitcoin for a longer period of time, thereby increasing their potential profit as the price of bitcoin continues to grow
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #30 on: September 01, 2024, 01:09:15 AM »

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #31 on: September 02, 2024, 08:30:30 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.
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?
For investors who have long invested in bitcoin will not panic, because they have often experienced this but for new investors there must be panic. If I may suggest we should wait, although it seems that bitcoin is currently having difficulty touching more than $65K
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #31 on: September 02, 2024, 08:30:30 AM »

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #32 on: September 02, 2024, 04:22:50 PM »
Holding is always a personal choice, that is, it's something the person will have to decide on his or her own.
Often times, those who are already very rich can decide to invest some of their money on bitcoin and forget about it,, for this type of people, they can hodl for several year until the price target they have in mind is achieved.

This is why it is often adviced that anyone investing in bitcoin should already have something doing that is fetching the person money, like maybe owning a business of your own or working on a company for monthly salary, this can help an investor hold his or her bitcoin for a longer period of time, thereby increasing their potential profit as the price of bitcoin continues to grow
I agree with you deciding to hold Bitcoin is personal choice. It depends on financial goals and situation. Rich people can invest in Bitcoin and wait for years for price to go up. But for many of us it is important to have steady income like job or business before investing in Bitcoin. This help to hold our Bitcoin for long time even when market goes up and down. We can make more money if price of Bitcoin goes up.

It is important to think about Bitcoin investments for long term and be financially stable. We should not rely on Bitcoin as our main source of income. This way we can make good choices and avoid financial problems. We can hold our Bitcoin until we reach our goals.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #33 on: September 02, 2024, 05:10:57 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.
Holding is always a personal choice, that is, it's something the person will have to decide on his or her own.
Often times, those who are already very rich can decide to invest some of their money on bitcoin and forget about it,, for this type of people, they can hodl for several year until the price target they have in mind is achieved.

This is why it is often adviced that anyone investing in bitcoin should already have something doing that is fetching the person money, like maybe owning a business of your own or working on a company for monthly salary, this can help an investor hold his or her bitcoin for a longer period of time, thereby increasing their potential profit as the price of bitcoin continues to grow
Agree, it is very important to have a strong financial income system for investing in Bitcoin, because once you invest money you can't withdraw it, you have to forget about it. In this case you must have a good source of income, so that you don't have to depend on that investment. Having a steady source of income gives an investor the courage to hold his investment for a longer period of time without worrying too much. As a result, he can hold his holding for a long time without incurring damage the hold.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #34 on: September 02, 2024, 10:18:16 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.

It's nothing new, it has always been like that ever since if you calculate the volatility in terms of percentage and now we see the big difference in the value is only because the price of bitcoin increased gradually over the years despite having volatility in the short term that just proves no matter how volatile it is, the invested money will just multiply into x times in the next cycle for sure.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #35 on: September 03, 2024, 12:14:37 AM »
Your optimism about Bitcoin is shared by many in the crypto community, especially with the potential for another bull run. While the price of Bitcoin has been relatively stable lately, historical trends and upcoming events, like the next Bitcoin halving, often lead to increased interest and potential price surges. If Bitcoin does reach $70K, long-term holders could see significant returns on their investments.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #36 on: September 03, 2024, 12:19:52 AM »
I do not think that it will be all that "panic" for the time being, it feels like its going to be alright. I think its going to be fine and nothing will change and people will be fine about this because volatility isn't something we care about all that much. I do know that volatility is something that we do care about, we shouldn't really consider the current situation as that volatile neither, it will do very well. The reality is that we shouldn't really be in panic all that much, we can make it whatever we want and keep holding and not have any type of worries at all, its something very normal for us to keep holding.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #36 on: September 03, 2024, 12:19:52 AM »


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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #37 on: September 03, 2024, 01:07:26 AM »
I do not think that it will be all that "panic" for the time being, it feels like its going to be alright. I think its going to be fine and nothing will change and people will be fine about this because volatility isn't something we care about all that much. I do know that volatility is something that we do care about, we shouldn't really consider the current situation as that volatile neither, it will do very well. The reality is that we shouldn't really be in panic all that much, we can make it whatever we want and keep holding and not have any type of worries at all, its something very normal for us to keep holding.

As long as we are referring to Bitcoin, then volatility can never be exempted. I still don't know or understand why people panic so much, when they clearly know, or must have seen how Bitcoin price movement works. Bitcoin was sometime $10, $100, or even $1K, but today, we are talking about thousands of dollars. History already has the record that the price of Bitcoin moves upward overtime. I believe so many of us here can't even picture Bitcoin dropping down to as low as $25K again, so there isn't really much to panic about, especially for a long term hodler.

But it's actually a common thing for short term hodlers, especially traders to panic when the price of Bitcoin isn't doing really great. Traders who buy at a certain price might not want to sell below that price due to loss, because no one goes into crypto to make losses.

So I think, there is no point to panic, especially as a long term investor/hodler. But we can't really say the same for traders.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #38 on: September 03, 2024, 03:49:28 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.
I believe that you will be create a best topic in this moment. We can see that recently the crypto currency market is fall panicky for investors. Because we know that currently if we saw the bitcoin price, we can see that volatility in bitcoin is very effective matter in cryptocurrency market. We also expect in this time bitcoin price will remain now in $70k up, but i cannot expected in low price. It’s very true that many investors are face disturbing in situation of this crypto currency market. So i also believe that within a short time it will be recover for investors.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #39 on: September 03, 2024, 04:56:53 AM »
I do not think that it will be all that "panic" for the time being, it feels like its going to be alright. I think its going to be fine and nothing will change and people will be fine about this because volatility isn't something we care about all that much. I do know that volatility is something that we do care about, we shouldn't really consider the current situation as that volatile neither, it will do very well. The reality is that we shouldn't really be in panic all that much, we can make it whatever we want and keep holding and not have any type of worries at all, its something very normal for us to keep holding.

Yeah we will be fine, just like before, although we can't avoid investors going into panic mode and then completely sell their stash, we can understand their predicament. Because once we were on that place, until we learn and we evolved from out experience. And maybe that experience as well will teach this investors who panic just because the price of Bitcoin is going down. On the opposite, we might not be affected by the news and instead just continue to hold and look at the bigger picture.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #40 on: September 03, 2024, 06:00:55 AM »
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

I am sure that there are many traders who are taking advantage of this cycle's great volatility and they can be happy with the things happening around the cryptocurrency industry. Now, for people who are just hodling, they should just ignore the news and just forget everything because at the end of the day there comes a time when Bitcoin will eventually reach the $100K zone and at that point there can be some who will decide to sell some of their holdings. Volatility is something we should be worrying about...this is something to celebrate as there are many opportunities that volatility can be bringing...it is all up to us how to make use of this beast to our advantage.


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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #41 on: September 03, 2024, 10:41:47 AM »
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

I am sure that there are many traders who are taking advantage of this cycle's great volatility and they can be happy with the things happening around the cryptocurrency industry. Now, for people who are just hodling, they should just ignore the news and just forget everything because at the end of the day there comes a time when Bitcoin will eventually reach the $100K zone and at that point there can be some who will decide to sell some of their holdings. Volatility is something we should be worrying about...this is something to celebrate as there are many opportunities that volatility can be bringing...it is all up to us how to make use of this beast to our advantage.
Of course we would really be taking up advantage on whatever things that we could be able to see. It would be a normal approach for us to have that kind of action on the moment that we do see opportunity on which on the moment that it would happen then it will really be just that normal that you would really be trying out to take advantage with that. Talking about panicking then it will really be normal if you are just that new into this market but if you have been here on this market for a while now then it would be impossible that you dont really know
on how this market works or behaves and act out accordingly.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #42 on: September 03, 2024, 01:13:52 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.
General a panicking will be inside everyone at this time and it is normal because we are human being. However, it is important to keep this faith in us that no matter how low the price of Bitcoin is now, it will definitely recover its price in the future and it will definitely make those who are currently investing profitable.
And those who want to invest in long term should not be picnicking in any way and if they have money to invest now then I would say they should invest now.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #43 on: September 03, 2024, 04:37:03 PM »
I still don't know or understand why people panic so much, when they clearly know, or must have seen how Bitcoin price movement works.
Panicking over volatily of bitcoin pice is simply something that every new investor has to go through as its not an easy thing to see the value oif your investment going down 30-40% in a matter of weeks.

I was the same when I bought my first bitcoin long time ago and went I went through my fist bear market. Now, I don't even follow the price as I deleted price tracking apps and don't even flinch when I see the dump but that's only because I went several cycles.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #44 on: September 03, 2024, 08:23:37 PM »
In my personal point of view what I think about the current situation of Bitcoin is that Bitcoin will have always the volatility market stand And knowing this we should then invest here.  It is natural for people who are not aware of the volatility of Bitcoin and how Bitcoin drives its market forward in a certain cycle to panic at the volatility of the price of Bitcoin.

I personally went through this situation in the beginning and that was the main reason why I couldn't invest my idle money in Bitcoin even though I had money in hand.  And it still pains me to regret that if I had invested that amount when Bitcoin was at 16k it would have quadrupled by now and the next bull season is waiting. So I would say that Bitcoin is currently undergoing its market correction and that is normal so there is no reason to panic but now that Bitcoin has fallen in price I think it would be wise to adopt Bitcoin at this time.

 

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