Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
francis2
on 19/06/2018, 04:01:51 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
If you can't trust yourself then do not make investment with bitcoins. Making investment with bitcoins is for strong hands only. You can't grow your investment if you do not have a lot of patience and knowledge.
You need to trust in bitcoin as well, after all if someone only invested in bitcoin because he thinks he can make money and not because he believes in the potential of the technology then that person will never get as much profits as someone that believes in bitcoin, so if a person does not believe in bitcoin that person should not be in this market at all and should invest in something else.