Topic: value increase (Read 216 times)
your bitcoin increases in value if the price goes up in the market and decrease when the price is down. if you plan to hold your coin which is advisable for bitcoin, it is known as long term holder. The bitcoin Market capitalization plays a huge role on bitcoin value. currently sitting at the top of the coinmarketcap. it remains the first cryptocurrency to disrupt the world financial sector.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
It would depend on what price you bought it and what price you would sell it. It is just simply buying with an exact amount yet due to bitcoin's inflation and volatility it would change constantly. Yet, in the end, the only main thing is you've invest a single amount, and the rest would depend on how you would manipulate it and use it in trading, more especially if you would trade it for a daily basis or just hold it for a long term run.
Yes. If you don't want to be affected by the price's volatility, you can buy Tether (USDT) from an exchange and then trade back to Bitcoin whenever you're ready to spend them.
Just keep in mind that you're then trading from risk exposure to Bitcoin's price volatility to risk exposure of a potential collapse of Tether. Keeping Tethers shouldn't be any different from storing coins or fiat money on a random cryptocurrency exchange.
Speaking of Tether and stablecoins, I'm just going to leave this here: Topic: PSA: Most Stablecoins Can Be Frozen, Even When in Your Own Wallets
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
Literally it changes every second because bitcoin's value based on fiat value is highly unstable so you can keep a stable coin which holds the same value of fiat based currency but I won't suggest you to hold stable coins as well.Hold bitcoin and hope for the value to increase in the coming weeks or month or at least in years. 
Yes. If you don't want to be affected by the price's volatility, you can buy Tether (USDT) from an exchange and then trade back to Bitcoin whenever you're ready to spend them.
Just keep in mind that you're then trading from risk exposure to Bitcoin's price volatility to risk exposure of a potential collapse of Tether. Keeping Tethers shouldn't be any different from storing coins or fiat money on a random cryptocurrency exchange.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
Yes, if you have bitcoins, the value of that will increase or decrease every day with respect to USDT. If your current BTC value is 70 USD right now, it may become double if bitcoin reaches 2x or it may become half if bitcoin quickly dump. That's why if you are have extra money, it is advisable to convert it in bitcoins and hope the bitcoin increase in value over time.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
Yes, that is normal to bitcoin because of is feature which is the volatility, we should expect that anytime, day by day, minute by minute bitcoin changes its price, that is why it is also decentralized, which is really good thing for me, because as what we are facing right now, as virus is still spreading around the world, centralized system falls, there are so many businesses that falls, but bitcoin still remains, yes it affects the bitcoin price but not so much unlike those centralized system. But that volatility of bitcoin makes it so good for investing and trading currency, especially if you have good skills and techniques on that.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
No, 1 Bitcoin will equal 1 Bitcoin, but what will change is its value. If you want to keep it stable, check the value in BTC, then you can exchange that value into dollars.Note that there is more than one value for your BTC. As one BTC is equal to many values every second due to the different platforms.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
Yes and no.Your Bitcoins that you own stays the same. If you own 1 BTC it will be always 1 BTC it will not increase.
However, its value in USD/EUR etc. change with price change. So it could be worth less/more in time.
Time will tell
I sometimes convert my Bitcoin with XRP, when I want my money to avoid the volatileness
Isn't this more volatile than just storing it to a better stable coin just like what others are doing? I personally will not convert it to another altcoin ETH or XRP, if I see the market isn't favorable I'd probably stick it to bitcoin.
Not always, depending on how much the price you bought the Bitcoins? In my opinion, you are better to have a certain target to hold the Bitcoin (investment purpose). Because Bitcoin has high volatility, don't be greedy! Take profits if you think it meets your target, unless if you plan to hold it forever. Anyway, regarding Bitcoin value, overall it has been increased much than the initial price ($0.003) in March 2010.
*About Bitcoin value history, just read here: https://en.wikipedia.org/wiki/History_of_bitcoin
*About Bitcoin value history, just read here: https://en.wikipedia.org/wiki/History_of_bitcoin
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
Yes that's a value increase, the number of Bitcoin you are holding will be the same but the value of those coins change based in the current bitcoin price. So, if you buy bitcoin at $5000 and then it moves up to $10000, then you will double up the value of your BTC.
Okay so you are completely new in this .
Remember this , wallets supports holding cryptocurrencies but at the same time they also supports holding some amount of Fiat .
So the amount you have in your wallet if it is in Fiat , then it won't change, but if the amount is in Bitcoins it will increase and decrease over time with respect to the value of Bitcoins.
For example if you have 0.5 BTC and the value of it is 100$ , this 100$ will rise or fall according to the demand and supply rule , just like stocks.
Remember this , wallets supports holding cryptocurrencies but at the same time they also supports holding some amount of Fiat .
So the amount you have in your wallet if it is in Fiat , then it won't change, but if the amount is in Bitcoins it will increase and decrease over time with respect to the value of Bitcoins.
For example if you have 0.5 BTC and the value of it is 100$ , this 100$ will rise or fall according to the demand and supply rule , just like stocks.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
I think you don't know much about Bitcoin. It is technically the same as buying gold. If the price of gold rises, the value of USD in your hand increases; If the price of gold falls, the value of USD falls.
The same is valid for Bitcoin and other altcoins.
if you are planning to HODL. 1 BTC will always be 1 BTC
In the coin value but if the bitcoin price increases in dollar, it means if you convert it to dollar, you will have more dollar and further more to your country currency but on the other hand, a decrease in bitcoin value also would lower conversion rate in dollar and your country currency.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
If you are asking whether the value of your Bitcoin in your wallet will change in terms of Fiat Currencies(USD), YES, it would change based on the market price. But don't worry about the Dollar value of your Bitcoin if you are planning to HODL. 1 BTC will always be 1 BTC 
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
This is only true when you use USD exchange rate to measure bitcoin's value (notice that USD's value is also changing against other things), a more objective measure of its value is the production cost, e.g. mining cost
I sometimes convert my Bitcoin with XRP, when I want my money to avoid the volatileness, just because the online wallet that I am using has an XRP for easy converting when I am needing it, It would surely depend on your wallet that you are using if there are stable coins in it you can give it a shot just to be safe in the volatile decrease, but right now I have seen that the price is already back to $6000 USD mark I think it will recover from the fatal fall it had when the whole world is on lockdown.
Yes. If you don't want to be affected by the price's volatility, you can buy Tether (USDT) from an exchange and then trade back to Bitcoin whenever you're ready to spend them.
I agree with you, this is the only option we have to safeguard our assets in this wierd situation. There will not be any big impact if we buy tether from an exchange, because this helps to keep our asset in a reasonable price rather than going for a hard dump. I suggest you the same mate, Just go through it...
Yes. If you don't want to be affected by the price's volatility, you can buy Tether (USDT) from an exchange and then trade back to Bitcoin whenever you're ready to spend them.
Does my bitcoin i have in my wallet (like 70 bucks) increase / decrease over time depending on bitcoins worth?
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