Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
Snaic
on 11/05/2019, 20:17:51 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
Four percent of volatility per month, it can now be regarded more as the stability of the price of Bitcoin, and not its high volatility. From the second half of 2017, Bitcoin began to show real price volatility. Now there is a good increase in the price of Bitcoin, which is also a manifestation of its volatility. Cryptocurrency volatility is both a positive and negative quality of cryptocurrency, and this market is different from others.