Why is Bitcoin so volatile?

[Mridul Rahman 1058]

I believe that butcoins perfect price is above 10k$.At present btc price is above 12000$ which is remarkable.2 or 3 months ago btc went under 10k.That was a good time to invest in btc.Now btc is rising so fast.It looks like it will reach its price like 2017.

[Afran_025 26]

 

If there doesn't have an extreme volatility, its not bitcoin .The marketcap is so tiny and bitcoin is a global market that's opened 24/7and it's not regulated.Well almost 90% of the bitcoin price movements everyday are caused by the holders speculation and most of the holders is taking profit from this price gap.

[teebasas 3018]

Bitcoin is continuously fluctuating in price and profit is gained by purchasing, selling and trading because of this, and the supply and demand of the bitcoin currency is the reason for this rise and fall.

[Bitpapacoins 61]

Bitcoin is like a stock that people can trade, the more people buy it, the price will increase while the time people sell it the price will decrease. Millions of people if not even billions of people are buying and selling it every time. That is why the price will always be volatile. 

[yonkii 3205]

It is volatile because the price swings are having to do with millions of traders and investors. The money pouring in Bitcoin is huge sometimes, but it also reaches targets that are prices when most are selling, and trading is very important that pushes price into extremes. The more the talk about Bitcoin the higher the price will be going until there will be a top and then the drop begins.

[bogdanoff 3173]

It is volatile for the reason it is still early for Bitcoin. If you look on average it keeps rising, so the long term is safe. This is why the early adopters started the hodl movement, it was easier to just hold and not care for volatility as you could easily have less bitcoin by making trading mistakes.

[Goyaa 2414]

BTC is a decentralized coin, no one controls its price, the price is determined by supply and demand. This fluctuation is actually an advantage for us, because if bitcoin is stable, of course we will not make a profit. The art of trading bitcoin is buying when the price is low and selling it when the price is high. Because the price is very unstable so we should really take advantage of these fluctuations.

[Sykkuno 2887]

Best time to invest doesn't exist, you will never find the bottom, there are some indicators that are working and others that don't. You can trade some major waves as buying the dips may help, however the higher the prices the more the risk that buying the dips won't work.

[Fixfin 2569]

Bitcoin has many whales, when they sell a thousand bitcoin there is hardly enough liquidity to cover for the market price so prices will drop very lower, then there is demand at times the rise in Bitcoin demand is making price overextend. 

[Amr90 1064]

Bitcoin is one of the most demanded and offered currencies because its control over the liquidity of the crypto market is always high.
In addition to the tremendous rise in demand for it due to PayPal adopting it a month or more ago,
It is the parent currency of all cryptocurrencies and is therefore the most volatile.

[percare 3192]

On 10/8/2019 at 5:43 AM, Art said:

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.

You probably never got it, so it won't matter explaining now. It is something very far from what you understand if your question is that. This is not for everyone, it is just some that can make it and probably if this person tried it would have left him with the bitter taste of selling at the very bottom of a huge dip.

[annayks 2314]

It is the trading that creates that, also the demand and supply. When price is stable for sometime this doesn't help traders a lot, there is need for volatility because this drives, trading and the leverage exchanges that sometimes may even cause this volatility for their profit and for liquidations of shorts/longs positions.

[zhoutong 2188]

The art of deciding it is called technical analysis and prediction making process, if you can master these two you will have better chances or odds to make a good trade, you should know that buying Bitcoin at any price until recently was profitable, so there is this tactic you can do, just buy and hold and wait after some years you will be in profit.

[cryptovlek 2597]

I am not sure what creates this much volatility. It could be the big whales that are waiting for times to a better price and then instead of selling slowly they just dump everything, something that is not very intelligent to do as they are losing a lot of value doing that. It is probably the rise of demand that causes upside volatility and some band news because of lack of regulation that makes investors react negatively after that.

[Jacks52 351]

I think the new altcoin listed on the coinmarketcap site will have a great opportunity to make a profit if you trade.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.

[abohasnn9 2401]

In the past, my friend, Bitcoin has been working on a rather large scale, and it was of great volatility, for example, in 2017, the price of Bitcoin reached 20,000 dollars, and soon it fell again. This is all cause for concern and the scenario is repeated in 2018 less and the reason is due to the whales who welcome and sell  One click, which led to the currency's decline and fluctuation. Thank you

[PREGY 49]

hello everyone
bro you know well that btc  already become one of the most popular and great digital currency and its demand is more than any other digital currencies so thats the main reason that btc is volatile and we can easily covert it into any other currencies so trade your btc and earn more money 
good luck

Edited January 31, 2021 by PREGY

[Calvinpriva 17296]

Maybe the price of bitcoin is volatile because investors and traders are buying everyday. When many people buy we see price changes in the market, i think that is the biggest reason. And this is the only way for traders to earn profit from bitcoin, because if BTC will be stable i think only giant investors including exchange owners will be the one who earns profit from it.

[Nizami2088 236]

I read because daily Bitcoin cryptocurrency is mined, or some companies do not invest sometimes invests and then this cryptocurrency become.

[ala1977 2]

Thank you

[Cleaner 2549]

Bitcoin is a crypto currency.  And cryptocurrency means volatile.  The price of cryptocurrency always fluctuates.  Because there is no regulator of this currency . The price of this currency depends on the user.Bitcoin prices are affected by the Big Wheal.

[Rozy 1918]

Anytime you have money is the right time to invest in Bitcoin, the sooner the better because the price is increasing significantly and I do not know who told you that it keeps dropping its price because it is quite the opposite, but it goes through some fluctuation and that is perfectly normal thing.

[Junaid97531 8]

BTC is so volatile and the reason for the price increase is because of its demand and popularity.  The price goes down only when investors start withdrawing their investment. Another reason is due to low investment.

[kryptonick 2659]

In my opinion the price volatility is because of the high speculation by traders. The price reacts fast to news as Bitcoin becomes hot, or negative news affect it by price dropping. It isn't considered safe investment and there are so many derivative exchanges that aren't regulated like Bitmex and Binance that also often manipulate prices to liquidate longs and shorts.

[Tallest 376]

On 3/17/2021 at 6:07 PM, Cleaner said:

Bitcoin is a crypto currency.  And cryptocurrency means volatile.  The price of cryptocurrency always fluctuates.  Because there is no regulator of this currency . The price of this currency depends on the user.Bitcoin prices are affected by the Big Wheal.

And that is why every investor need to be patient as long as he want to earn better profit to there wallet because volatility is the nature of all cryptocurrencies especially bitcoin which influence most of the altcoins.