Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
boynamnhi
on 19/06/2018, 08:58:29 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
I think you will not keep the bitcoin at this point, you can see that bitcoin prices are constantly fluctuating and falling sharply since reaching the $ 19800 level by the end of 2017. At present the bitcoin price has dropped 70 % to $ 6700 at the present time, only after 6 months. I believe bitcoin prices will continue to fall sharply so if you keep and invest long-term in bitcoin at this point it will be very risky, the risk will be very high.