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[Josemendez]

I opened a bitcoin account recently but I notice that my bitcoin reduces each time I log in . example earlier this money the dollar value was $7:44 later this evening it was $7 :07 same changes was observed in the bitcoin values .

 

[KarthikP]

I opened a bitcoin account recently but I notice that my bitcoin reduces each time I log in . example earlier this money the dollar value was $7:44 later this evening it was $7 :07 same changes was observed in the bitcoin values .

I think you are a newbie to Bitcoin/cryptocurrency. Bitcoin or any other cryptocurrency is not a stable currency . The value of Bitcoin always fluctuates. It may go high or it may go low. It's not stable coin. So hold the bitcoins and wait if the value becomes very high and sell some if you get some profit.

 

[Josemendez]

I think you are a newbie to Bitcoin/cryptocurrency. Bitcoin or any other cryptocurrency is not a stable currency . The value of Bitcoin always fluctuates. It may go high or it may go low. It's not stable coin. So hold the bitcoins and wait if the value becomes very high and sell some if you get some profit.

Yea am actually a newbie in bitcoin but I think am beginning to understand it now . cryptosystem is not a constant system. It always fluctuates . thanks for your information .

 

[KarthikP]

Yea am actually a newbie in bitcoin but I think am beginning to understand it now . cryptosystem is not a constant system. It always fluctuates . thanks for your information .

Yeah , you are most welcome. Remember to hold the bitcoins for long time and watch your profit growing. Some people hurry and sell all the bitcoins at lower rate. Patience is the key , wait till Bitcoin reaches all time high.

 

[Bilalgul]

That is the dollar equivalent of your cryptocurrency the amount to cryptocurrency is same you should take how much Bitcoin you have their me the same but their price changes and that is what you are saying in the form of dollars the prices gone down not the amount of Bitcoin

 

[microunit]

bitcoin is water money or volatile you will hear it from everyone as it has went down in your case there is a probability if you wait the price might go up so please be patient.

yep bitcoin is highly volatile so are other cryptocurrencies , you'll never know what the price will be in the next day or hour or minutes, might be dependent on supply and demand but there are alot of factors to consider

 

[Mbwolf]

the value of bitcoin is not stable it can be up and it can be down anytime this is why you see people invest on it they wait bitcoin to rise and make a profit from it

 

[kaleembilal]

You must be enjoying yourself very much now because now instead of decreaseing the price of Bitcoin is increasing so your dollars would be going up all the time

 

[SCAMEXPOSER]

You must be enjoying yourself very much now because now instead of decreaseing the price of Bitcoin is increasing so your dollars would be going up all the time

Yeah , those that invested when the price was $5000 will have their dollars doubled now, that is why you don't store the money you want to use immediately cos the value keeps changing.

 

[Concernednoneif]

Simply dekhna price of Bitcoin is reducing you should keep an eye on the number of Bitcoins and not its price because the price varies continuously

 

[SCAMEXPOSER]

Simply dekhna price of Bitcoin is reducing you should keep an eye on the number of Bitcoins and not its price because the price varies continuously

It is the price he should keep an eye on not the number of bitcoins he has , the price determine the number of Bitcoin you have at a particular time

 

[Concernednoneif]

It is the price he should keep an eye on not the number of bitcoins he has , the price determine the number of Bitcoin you have at a particular time

I do not agree to you because if you keep a fixed amount of Bitcoin in your wallet the amount with the same whatsoever and the price will keep fluctuating

 

[KarthikP]

Your amount of Bitcoin doesn't change anywhere in the wallet or other places. BTC/USD market is always fluctuating so the price of the same amount of Bitcoin may vary every second.

 

[SCAMEXPOSER]

No doubt the amount or volume of Bitcoin doesn't change but the number is not as important as the value of bitcoin at a particular time in my opinion, I checked the price with respect to what I have

 

[Errol90]

I opened a bitcoin account recently but I notice that my bitcoin reduces each time I log in . example earlier this money the dollar value was $7:44 later this evening it was $7 :07 same changes was observed in the bitcoin values .

It changes depending on the price of bitcoin

 

[Brain]

I used to worry same when I first started storing my coins, I will login it will decrease and I didn't understand it until I had to do my research. So the USD for btc is never stable. So that's the issue.

 

[SCAMEXPOSER]

I learnt more about bitcoin before storing them so I was not always surprised cos I knew it fluctuate alot, I don't even expect it to remain in the same value in a hour.

 

[Naveedsgd]

The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Consequently, keeping your savings with Bitcoin is not recommended at this point. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin

 

[SCAMEXPOSER]

As volatile as bitcoin may be or is , if you know how to run if you will rarely loose from it,you don't invest during the boom period otherwise loses will be incure,I doubt if bitcoin is as risky as forex.

 

[SCAMEXPOSER]

This change in price should not cut you unaware before storing bitcoin in a wallet is like trading already cos the wallet get updated every time the price of bitcoin changes , it either you loose or gain with rest to time.