Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
giarised
on 19/06/2018, 07:40:36 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
You shouldn’t be asking that question. Whether to buy, hold or sell is a decision that you will make by yourself. You don’t need anyone to tell you that you’re supposed to HODL or sell, it’s a  decision you can take by yourself. You know when you’re making loss and when you’re profit. If what you’re making is loss, you can decide to cut it short by selling off immediately to avoid further loss and wait till price starts going up. But if you’re making profit and there isn’t much loss, then you can continue to HODL till you feel like you’ve gotten enough.