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Why is Bitcoin so volatile?

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3 hours ago, cryptokram said:

It means if there is a volatility happen, it showed that buyers and sellers are more aggressive in the actual market, isn't right? Through volatility also, all traders may able to earn depending on what altcoin they are going to trade in too. 

iyapp, that's right.
Very volatile prices create opportunities for traders to make big profits.
I think the new altcoin listed on the coinmarketcap site will have a great opportunity to make a profit if you trade.

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Because of the increased number of people using leverage, thats why we have movements in different direction in the same day, whales need to rekt everybody , you never saw these manipulation in 2017 run up, sure we dumped on bad news but not like this retarded trading , look left classic manipulation makes u think its gonna pump above resistance 

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9 hours ago, ajizz said:

yeeeahh, your answer is right man.
fluctuating bitcoin prices are not something bad.
precisely many traders want it because they can make a profit from prices that move up, down and up again ..

Here I'm talking about too. )
I wonder why there are still so many questions about this volatility of cryptocurrency... )


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1 minute ago, MyThoughts said:

Here I'm talking about too. )
I wonder why there are still so many questions about this volatility of cryptocurrency... )

... because there are so many topics on the same issue asking the same questions, why is Bitcoins price going down and not up? and we all keep trying to provide the same answer all over again 😁

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31 minutes ago, Nicecrypto said:

... because there are so many topics on the same issue asking the same questions, why is Bitcoins price going down and not up? and we all keep trying to provide the same answer all over again 😁

Or maybe someone understands when people explain everything to him in simple language.
Others don't understand when people explain to them in simple language, but to our surprise, they understand complex explanations.
This also happens in life, believe me... )))


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13 hours ago, ajizz said:

iyapp, that's right.
Very volatile prices create opportunities for traders to make big profits.
I think the new altcoin listed on the coinmarketcap site will have a great opportunity to make a profit if you trade.

because the market was too volatile, all traders are too aggressive to take action in the actual trade for them to get profit anyhow for this things were their reference was CMC to find out which of these coins are good to buy.

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14 hours ago, Supto said:

There are a lot of reasons behind the voilte of BTC such as

1.  Lack of Liquidity
2. Hacks and Scams
2. Sensitive news
4. Manipulation

Your hand is right on the money my friend. Manipulation is 1 and 2 and 3 for me because they pumped it to 8300 for no reason other than to get people to buy so they can dump on them.

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5 hours ago, cryptokram said:

because the market was too volatile, all traders are too aggressive to take action in the actual trade for them to get profit anyhow for this things were their reference was CMC to find out which of these coins are good to buy.

that's right man,
I also use cmc to find coins that are rising or very volatile and some other important information.
Btw are you a daily trader ?? know a holding who keeps a lot of coins for a long time ..

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12 minutes ago, ajizz said:

that's right man,
I also use cmc to find coins that are rising or very volatile and some other important information.
Btw are you a daily trader ?? know a holding who keeps a lot of coins for a long time ..

Sometimes I applied day trading for right now its been 2 weeks almost now that I stop doing it for awhile, but if there's a free time again I will do day trade again, just need to fix some of my problems here at my expenses. 

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On 10/24/2019 at 6:19 AM, cryptokram said:

Sometimes I applied day trading for right now its been 2 weeks almost now that I stop doing it for awhile, but if there's a free time again I will do day trade again, just need to fix some of my problems here at my expenses. 

The problem with day trading is that you always have to be on the exchange to catch a pump or else you'll miss it. Like seriously nobody saw this bitcoin pump coming and if a day trader was liquidated and waiting for bitcoin to fall lower he is definitely rekt now.

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13 minutes ago, Naga said:

The problem with day trading is that you always have to be on the exchange to catch a pump or else you'll miss it. Like seriously nobody saw this bitcoin pump coming and if a day trader was liquidated and waiting for bitcoin to fall lower he is definitely rekt now.

Yes there is a big risk on day trading, though you can get most often a profit, but of course you need to active most of the time, you must take action when the price move in the chart, and learn from your experience as much as you can and be careful so you won't be rekt in the end.

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12 minutes ago, cryptokram said:

Yes there is a big risk on day trading, though you can get most often a profit, but of course you need to active most of the time, you must take action when the price move in the chart, and learn from your experience as much as you can and be careful so you won't be rekt in the end.

I had been rekt a couple times which is why I like to be careful now and thats a big thanks to stop loss because without it i woulda been rekt today with this crazy pump. All alts are definitely going to need some time to recover from this.

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On 10/8/2019 at 10:43 AM, Art said:

I'm still trying to understand why Btc is so volatile. There is so much noise in the crypto-world, telling me that it's time for Btc to rise. But each time it kept going down. What's the art in deciding when it's the best time to invest in Btc.

If bitcoin ever is not volatile for sure the price of it will not be like this. Let me explain it to you once more, because of the volatility the buyers and sellers are always take action by it for them to be able to get profit.

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17 hours ago, cryptokram said:

If bitcoin ever is not volatile for sure the price of it will not be like this. Let me explain it to you once more, because of the volatility the buyers and sellers are always take action by it for them to be able to get profit.

Then you should know that even tho volatility is good for us as traders its still a bad look for bitcoin because it can lose 20% of its value in a day or pump 30% in another day. Makes it hard to adopt bitcoin by institutions. 

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BTC is volatile because the general market does not have a rule. Today nothing prevents a person who has a certain amount in BTC for example to sell the same at a minimum price, this already has a global impact on its price, the same goes the other way, we have this example when large whales ingest their BTCs in the market by price that suits them, and they can at the same time manipulate it. The same with the altcoins, to a lesser extent, as they are directly influenced by the BTC.

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5 hours ago, Naga said:

Then you should know that even tho volatility is good for us as traders its still a bad look for bitcoin because it can lose 20% of its value in a day or pump 30% in another day. Makes it hard to adopt bitcoin by institutions. 

Yes true, for what happened in a couple of days that cleared because of the volatility we did't expect it will moved that fast so easily. But this is the cycle of trading business in bitcoin/crypto, where the market was too unpredictable for this matter. 

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23 hours ago, cryptokram said:

Yes true, for what happened in a couple of days that cleared because of the volatility we did't expect it will moved that fast so easily. But this is the cycle of trading business in bitcoin/crypto, where the market was too unpredictable for this matter. 

Yea which is why I always tell new comers to crypto that you don't need to waste your time learning or following technical analysis because the market will make you regret it because its not going to follow your analysis. 

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On 10/8/2019 at 9:43 AM, Art said:

I'm still trying to understand why Btc is so volatile. There is so much noise in the crypto-world, telling me that it's time for Btc to rise. But each time it kept going down. What's the art in deciding when it's the best time to invest in Btc.

I think that will be too complicated to explain and I don't know about that😂 But no matter if bitcoin now is down, for a long term, bitcoin price will be increase so high and the down of the price is just for a correction so the price can start to grow. The best time to invest in bitcoin is when the price is at a low price.

You see the red candle at the market and when the red candle is at a bottom, then that will be the best time to invest.

Screenshot_62.jpg.a4cc31c41ca256f414821c3cc9afd7bd.jpg
 

The red column is the best time to buy bitcoin as we see it's very deepest price for bitcoin when it's down. The blue column is a good time to buy but we don't know if the price will be increase, stay at that level, or even getting down deeper. In that situations, we could only wait for a while or we can try to buy bitcoin for a small amount to test the price.

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Bitcoin is the most basic and relevant currency. And its prices will always jump up and down. Although, the same applies to other popular currencies that are in the top. People are buying-bitcoin begins to rise in price. People massively sell it, it starts to fall in price

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On 10/7/2019 at 10:43 PM, Art said:

I'm still trying to understand why Btc is so volatile. There is so much noise in the crypto-world, telling me that it's time for Btc to rise. But each time it kept going down. What's the art in deciding when it's the best time to invest in Btc.

It is volatile because it is decentralized, it is an experiment that has already been understood in this way.
Now, when a financial asset is not regulated and the masses have control over their acquisition, this greatly influences their economic path, if you realize an important detail, it is that this cryptocurrency economy is still very young, and It needs to grow to have a more corresponding stability, while more capitalization and maturation of the ecosystem, volatility can be placated to a certain level.
This is a basic economics theorem but it depends on how you interpret it, maybe this concept will never work with Bitcoin or maybe it is part of its growth as a financial digital asset.

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Due to Little or no regulation market manipulation is rampant in the crypto community due to lack of regulation. The current regulations are too lax and for now, are only made for the sake of formality, or a simple display of legality.

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The main reason for the volatility of Bitcoin is in the fact that it is still a nascent technology and majority of its adopters are speculators, whose primary interest is profit making, so by their constantly buying and selling, the market price is always jolted. In the long and by the time institutional investors and lot of merchants adopts Bitcoin, we will start to see stability in price.


 

 

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According to analysts, 40% of bitcoins belong to 1,000 people. They have a powerful influence on the market. They can be combined for convenient price adjustments. Perhaps, not in vain the concept of "cartel".


 

 

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29 minutes ago, Ratash said:

Bitcoin is volatile because the market control it no goverments involved in keeping the price the way they want the demands are what controling it and to answer your question the best way to buy bitcoin is after a big bitcoin dump like the one from 11k to 7400 in the last months or when it reached 6000$ earlier this year.

Yeah the market is volatility because it is back by any government and not regulated by central banks like others currency but bitcoin will stable when many countries start legalizing it.

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On 10/8/2019 at 9:43 AM, Art said:

I'm still trying to understand why Btc is so volatile. There is so much noise in the crypto-world, telling me that it's time for Btc to rise. But each time it kept going down. What's the art in deciding when it's the best time to invest in Btc.

I agree with your opinion about the future of bitcoin.
Of course, do you not know that because of the volatility of many traders get a lot of profit because of these things also the majority of them can also lose their funds if they do the wrong things. In short, this is trading in the bitcoin industry because we, as followers of bitcoin, must be more zealous to revive market prices better.

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On the same day, a short powerful impulse sent the pair back down by 570 points to 154.50. Then followed a rebound, and late in the evening on 01 May, when the sun was already rising over Japan the next day, another crash occurred – in just one hour, the pair dropped 460 points, stopping its fall near 153.00. This movement occurred after relatively mild decisions by the Fed, but the cause was clearly not this, as other major currencies at that moment strengthened against the dollar much less. For example, the euro by 50 points, the British pound – by 70.   Such sharp movements in favour of the yen were very similar to the currency interventions of the BoJ in 2022. Although there was no official confirmation of intervention by the Japanese authorities, according to estimates by Bloomberg, this time on the intervention on Monday, 29 April, 5.5 trillion yen was spent, and on 01 May, according to calculations by the Itochu Institute, another 5 trillion yen.   And now the question arises: what next? The effect of the autumn interventions of 2022 lasted a couple of months – already at the beginning of January 2023, the yen began to weaken again. So it is quite possible that in a few weeks or months, we will again see USD/JPY around 160.00.   The BoJ's statement following the latest meeting stated that "the prospects for economic and price developments in Japan are extremely uncertain" and "it is expected that relaxed monetary policy will be maintained for some time." There is currently no need to raise the interest rate as core inflation is significantly and sharply decreasing, it has fallen from 2.4% to 1.6%. Especially since tightening monetary policy could harm the country's economy. The growth rate of GDP remains close to zero. Moreover, the public debt is 264% of GDP. (For comparison: the constantly discussed US public debt is half that – 129%). So the mentioned "some time" in the statement of the regulator may stretch for many months.   It is appropriate to recall BoJ board member Asahi Noguchi, who recently stated that the pace of future rate increases is likely to be much slower than global counterparts, and it is impossible to say whether there will be another increase this year. So a new strengthening of the yen is possible only in two cases – thanks to new currency interventions and thanks to the start of easing monetary policy by the Fed.   According to Japanese MUFG Bank economists, interventions will only help buy time, not initiate a long-term reversal. Bloomberg believes that the intervention itself will be effective only if it is coordinated, particularly with the USA. According to forecasts by analysts of this agency, this year USD/JPY may rise to approximately 165.00, although overcoming the mark at 160.00 may take some time.   After all these crazy ups and downs, the past week ended at a level of 152.96. The experts' forecast regarding its nearest future, as in the case with GBP/USD, gives no clear directions: a third are for its rise, a third – for its fall, and a third have taken a neutral position. Technical analysis instruments are also in complete disarray. Among the trend indicators on D1, the distribution of forces is 50% to 50%. Among the oscillators, 50% point south (a third are in the oversold zone), 25% look north, and 25% – east. Traders should keep in mind that due to such volatility; the magnitude of slippage can reach many dozens of points. The nearest support level is located in the area of 150.00-150.80, then follow 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 154.80-155.00, 156.25, 157.80-158.30, 159.40, and 160.00-160.25.   No significant events regarding the state of the Japanese economy are expected next week. Moreover, traders should keep in mind that Monday, 06 May is another holiday in Japan – the country celebrates Children's Day.   CRYPTOCURRENCIES: BTC-2025 Target – $150,000-200,000   In the last review, we wondered where bitcoin would fall. Now we know the answer: on 01 May, it fell to the mark of $56,566. The last time the main cryptocurrency was valued this low was at the end of February 2024.   Bearish sentiments apparently arose because the trading volumes of new ETFs in Hong Kong turned out to be significantly lower than expected. Optimism in this regard has dried up. Against this backdrop, there began a withdrawal of funds from exchange-traded BTC-ETFs in the USA. Analysts from Fidelity Digital Assets, a leading issuer of one of these funds, noted a growing interest in selling and locking in profits from the side of long-term hodlers. For this reason, Fidelity revised its medium-term forecast for bitcoin from positive to neutral. According to CoinGlass monitoring, liquidations of long positions reached $230 million per day. Another negative factor for the market is called the geopolitical escalation in the Middle East, as a result of which investors began to flee from any high-risk assets. Instead, they began to invest capital in traditional financial instruments. In light of these events, the main beneficiaries in March-April were the dollar and US Treasury bonds, as well as precious metals. Analysts from Glassnode hope that bullish sentiments will still prevail since the market prefers to "buy on the fall." However, they admit that the loss of support in the area of $60,000 may lead to further collapse of the BTC rate. Co-founder of CMCC Crest Willy Woo called support from short-term holders at the mark of $58,900 critical. After its breach, in Woo's opinion, the market risks transitioning to a bearish phase.   So, last week, both these lines of defense of the bulls were broken. What's next? In Glassnode, as a bottom, they call the level of $52,000. The founder of venture company Pomp Investments Anthony Pompliano believes that the price will not fall below $50,000. Another expert – Alan Santana does not exclude a failure to $30,000. All these forecasts indicate that in the coming months, investors may not see new historical maximums of BTC.   For example, legendary trader, analyst, and head of Factor LLC Peter Brandt with a probability of 25% admitted that bitcoin has already formed another maximum (ATH) within the current cycle. This happened on 14 March at the height of $73,745. The expert referred to the concept of "exponential decay." The latter describes the process of decreasing the amount of growth by a constant percentage over a certain period. "Bitcoin has historically traded within approximately a four-year cycle, often associated with halvings. After the initial bullish rally, there were three more, each being 80% less powerful than the previous one in terms of price growth," the specialist explains.   "In my analysis, I estimated the probability [of such a scenario] at 25%. But I trust more the report that I published in February. […] Building a cycle 'before/after halving' suggests that the current bullish trend will reach its peak in the range of $140,000–160,000 somewhere in the late summer/early fall of 2025," Peter Brandt clarified.   CEO of Quantonomy Giovanni Santostasi doubted the correctness of applying the theory of exponential decay in this particular case. "We have three data points if we exclude the period before [the first] halving and actually only two if we consider the ratios. This is not enough for any meaningful statistical analysis," Santostasi commented on the assumption expressed by Brandt. According to his own model of power dependence, the peak of the fourth cycle falls approximately in December 2025 at the level of ~$210,000.   Note that not only Giovanni Santostasi, but also many other participants in the crypto market, are counting on the continuation of the bull rally and reaching a new ATH. For example, the aforementioned Anthony Pompliano believes that within 12-18 months, the coin is waiting for growth to $100,000 with chances to reach $150,000-200,000. Analyst at Glassnode James Check hopes that at this stage, the BTC rate will reach $250,000. And Peter Brand himself in the mentioned February report called $200,000 as a potential landmark. At the same time, economists from QCP Capital believe that it is necessary to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to build a larger long position," their report states.   According to CEO of Morgan Creek Capital Mark Yusko, the appearance of exchange-traded BTC-ETFs has led to a significant change in demand. However, the full effect of this is yet to be felt. According to the businessman, the main capital flows will come from baby boomers, i.e., those born between 1946 and 1964, through pension accounts managed by investment consultants. The capital of baby boomers is estimated at $30 trillion. "I believe that within 12 months, $300 billion will flow into the crypto sphere – this is 1% of 30 trillion dollars. In fact, this is more money than has ever been converted into bitcoins in 15 years," Yusko shared his forecast, adding that the inflow could potentially increase the capitalization of the crypto market to $6 trillion.   Another forecast was given by specialists from Spot On Chain. According to their words, the analytical model developed by them is based on an extensive data set. In particular, it takes into account halvings, interest rate cycles, the ETF factor, venture investors' activity, and sales of bitcoins by miners. Using the artificial intelligence platform Vertex AI from Google Cloud, Spot On Chain obtained forecasts for the BTC price for the years 2024-2025.   During May-July, the price of the first cryptocurrency, according to their calculations, will be in the range of $56,000-70,000. This period is characterized by increased volatility. In the second half of 2024, with a probability of 63%, BTC will rise to $100,000. "This forecast signals the prevailing bullish sentiments in the market, which will be facilitated by the expected reduction in interest rates [by the US Federal Reserve]. This may increase the demand for risky assets such as stocks and bitcoin," representatives of Spot On Chain explained.   According to their words, there is a "convincing probability" of 42% that in the first half of 2025, digital gold will overcome the $150,000 mark, as the first cryptocurrency usually updates the historical maximum within 6-12 months after each halving. If we take the whole of 2025, the chances of growth to $150,000 increase to 70%.   Thus, as follows from the forecasts presented above, the main target range for bitcoin in 2025 is at the height of $150,000-200,000. Of course, these are just forecasts and not at all a fact that they will come true, especially if we take into account the opinion of the "funeral team" consisting of Warren Buffett, Charlie Munger, Peter Schiff, and other ardent critics of the first cryptocurrency. Meanwhile, at the time of writing this review, on the evening of Friday, 03 May, BTC/USD, taking advantage of the weakening dollar, grew to $63,000. The total capitalization of the crypto market is $2.33 trillion ($2.36 trillion a week ago). The Bitcoin Fear & Greed Index showed a serious drop – from 70 to 48 points and moved from the Greed zone to the Neutral zone. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Мы на мониторингах обменников: MoneyCame на Kurs.Expert MoneyCame на OKchanger MoneyCame на Change.Pro
    • Закрытый клуб.... Выдающиеся профессионалы... Да, расписал шикарно - прямо думается, что там сидят видные инвесторы с предпринимателями типа Уоррена Баффета, в перерывах между покером и ужином из лосося. На деле смахивает на хитрый хайп-проект. А чего же реферальную ссылку не оставил? Неужели ты админ? 🙂
    • Казино с уровнями гораздо интереснее и лучше ("Помидор", например, глянь в моей подписи), чем эти странные игры по выращиванию яиц или деревьев. С умом без вложений можешь хоть с дождей получать крипту, а когда знаешь как с крана поднимать, то вообще красота. Если же нужны именно задания, то лучше рекламу смотри на крипто-почтовиках.
    • Был у Фрибита сайт-подратим с догкоинами, вот там можно было бы выигрывать, ибо запас есть в длинной цифре. Но тот сайт давно закрылся, а на этом действительно драгоценные сатоши терять смысла нет. Раньше, когда биткоин стоил мало и за неделю копилось по 200,000 сатоши запросто, многие (включая меня) часто играли на Multiply и таким образом прокачали свой аккаунт. Сейчас-то любые стратегии окажутся сливными, если, конечно, на счету не миллионы сатоши или от рефералов не идут бесконечные поступления. Поэтому резоннее метать кости на казино типа "помидора" (который указан у меня в подписи, кстати 😉). А как используешь? Крутишь 1 сатошину без умножения? Так всё равно в среднем через 10 ставок будет -1 сатоша слив, если не больше. Случается, когда в плюс уходит значительно, хотя это ситуации редкие.
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