Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
stayeduptolate
on 14/07/2018, 09:41:41 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 are investing into bitcoin then you should be aware of some of the characteristics of bitcoin that it is very sustainable, versatile, volatile and vunrable crypto currency and because of its volatile nature, its valuation keeps on fluctuating so one should not panic if the valuation flactuates because pump and dump is the very common rule for every kind of investment but this time the valuation has deflated to a very low extent so I think you should hold and wait till the next pump.