Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
genocide
on 09/05/2018, 22:25:42 UTC
With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0

Bitcoin is well known because of it's volatility. Just hold your coin until the price will get back to normal and you will see in the near future that your investment will not be in vain. Be optimistic enough and remember that market is usually designed for a long term purposes. For that, we should not expect profit at an early stage.