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Topic: What kind of growth would last? Quick growth or slow and steady growth? (Read 757 times)

sr. member
Activity: 994
Merit: 257
We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
It is better for the growth to be slow and constant because that way we know that it's real growth and is not based on speculation, but it's impossible to control the market and if speculators want to buy bitcoin in huge quantities then that is going to make the price to go up for the short term whether we like that or not, my advice is to try to take advantage of whatever movement the price of bitcoin does.
jr. member
Activity: 67
Merit: 2
Slow and steady. We can't say for sure when the price of bitcoin will start rising rapidly again, bit if predictions are correct then we shall expect a rise by the end of the year. Hopefully, it will start improving the market. Quick growth would be harder to recover from if the price drops down just a day later.
newbie
Activity: 30
Merit: 0
We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
I would definitely prefer on this way rather seeing a volatility spiking up $10k to 20k in a short span of time. Gradual increase and less volatility would be much preferred and
might be considered to be adopted my merchants or any other institution but I doubt situation would be just be the same when it comes to volatility since the demand had
increased.This do only have the problem with scability.
The problem in short span is that it is temporary and will reverse again after some time like the previous one. The price jumped from $4000 to $20000 in just four months and then collapsed and came to $6000 and still stuck there. No growth and no positive trend in the market have seen for several months. Slow and consistent growth is better than quick and big growth
member
Activity: 378
Merit: 10
We never knew the flow of cryptocurrency in the future but for us as cryptohodlers we wish that the value of our cryptos will grow faster just like what bitcoin became last year.
hero member
Activity: 1190
Merit: 525
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Thinking on long term slow growth is much better and sustainable. Fast growth is only interesting for fast profit and speculation, consequently the price falls right after a high peak and then it's time to get the money off and wait for the best moment to invest again. It makes the environment more risky, so inexperienced investors will have more difficult to adapt themselves on Crypto world, probably avoiding this market again in the future.

Unfortunately, at this moment we have none, quick or slow growth... It's completetly stagnant.
full member
Activity: 798
Merit: 109
https://bmy.guide
Slow and steady wins the race , slow and steady action is more effective than rapid growth action.slow and steady growth price of bitcoin is everlasting and effective that growth higher rate.

Quick growth is always temporary and we have seen it everywhere and last year where in November the quick growth happened lasted some time only and faster that in 2018 we all know hat has happened so far. So better to have steady growth which would be for long time.

I don't in favor of steady growth, and that is not long last in crypto and the fluctuation was always there. A most likely trader like in having fluctuation so that they have a better profit not just like steady growth you can't able to trade other coins. And I think it is normal for cryptos that having a fluctuation every now and then.
member
Activity: 686
Merit: 26
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Slow and steady wins the race , slow and steady action is more effective than rapid growth action.slow and steady growth price of bitcoin is everlasting and effective that growth higher rate.

Quick growth is always temporary and we have seen it everywhere and last year where in November the quick growth happened lasted some time only and faster that in 2018 we all know hat has happened so far. So better to have steady growth which would be for long time.
jr. member
Activity: 275
Merit: 1
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actually it would be great if the growth of bitcoin prices rose slowly and this would give a good picture of everyone about bitcoin and crypto, because fluctuations that are too high make it difficult for them to predict investment risk and profit targets.
but again again crypto is decentralized and the market will set prices for certain, we can only hope, analyze, guess market trends and determine profit targets, but markets have their own lives
full member
Activity: 546
Merit: 100
burst.money
Slow and steady wins the race , slow and steady action is more effective than rapid growth action.slow and steady growth price of bitcoin is everlasting and effective that growth higher rate.
newbie
Activity: 36
Merit: 0
I think that quick growth is never a good sign. Easy come, easy go that is how I see it. Steady, supported growt is something that I like much more. Although failure is possible in any option quick changes on the market is not something that I like to see too often.
In my opinion slow growth will last long but I like quick growth in these days, because I want bitcoin to reach its previous highest price $20000 so that I will be able to recover my deficits. Just one time and then if the price corrected again no problem I will be ready for that. If the price grows slowly it is also good but continuous growth as we have seen no growth for the last several months.
newbie
Activity: 33
Merit: 0
Next growth won't last long, people teaches by desperate fall of the price of this year will be afraid of repeating and will selling their founds sharply. With such strategy we may not even see 20000 $ ever again.
I hope that slow and steady growth will last for long long time, in fact we have already experience a quick growth which cannot lost for lot, but very soon it burst like a bubble, but I hope that this time bitcoin is growing gradually and I hope that this time it will stay or a long long period.
legendary
Activity: 1176
Merit: 1024
Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.
It is normal that if you have experienced what quick spikes cause as a result of greed and FOMO, you will likely prefer a steady growth. However, the thing is that everyone will always have a different way to things as well as a different opinion.
For most traders, they would not actually mind those huge spikes as it is that volatility that gives them joy most of the time, when it comes to making more money from the market fluctuations and so many times we have seen that this market is more speculative in nature, so it is a normal thing to always expect that there would keep being increases like this.
sr. member
Activity: 1610
Merit: 294
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bitcoin growth from year to year will of course experience tremendous growth and at this time the condition of bitcoin prices has grown very much from the initial price which is still very cheap and until this year the price has become very expensive has provided evidence that bitcoin's growth is very fast.
full member
Activity: 1330
Merit: 147
Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.
However, the volatility of cryptocurrency prices has being an identity and is known by many investors, even from those spending money to invest in cryptocurrency the first reason they have is price volatility. Depend on someone maybe, what is certain is that everyone who invests in cryptocurrency is those who dare to take all risks, until they finally get a profit. But for those who put money in a heart full of doubt then the person found a loss.
full member
Activity: 658
Merit: 152
Next growth won't last long, people teaches by desperate fall of the price of this year will be afraid of repeating and will selling their founds sharply. With such strategy we may not even see 20000 $ ever again.
hero member
Activity: 966
Merit: 517
We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
And so what? Assuming I say a slow and steady growth, what would you do, cause the market to start having a slow and steady growth? Makes no sense asking the question cause everyone here has different opinion in their mind. Even if you decide today to do things that will help the market have slow steady growth, the whales will find a way to alter that cause they are interested in is pumping the price and dumping it for their personal gains.
Lol. The thing is that even whales realize that a lot of people see this space as a get rich quick scheme which is what makes the market extremely speculative anyway and knowing that there will always be greedy weak hands in the market, with no knowledge or experience of how a market is or how to handle themselves, at the end, they will always get to instigate some market movement.

Of course, there is no one that will not say steady growth is good since it is sustainable as there is no craze or insanity or greed, just some gradual adoption, but we all know that is not something we will always get to see, at some point, FOMO usually kick in for most markets, and this is when we get to see those quick spikes.
sr. member
Activity: 1890
Merit: 322
We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
And so what? Assuming I say a slow and steady growth, what would you do, cause the market to start having a slow and steady growth? Makes no sense asking the question cause everyone here has different opinion in their mind. Even if you decide today to do things that will help the market have slow steady growth, the whales will find a way to alter that cause they are interested in is pumping the price and dumping it for their personal gains.
newbie
Activity: 44
Merit: 0
We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K.

It is possible to reach this price in the years you mentioned, but the biggest challenge we have is: for how long would bitcoin remain at the $ 20,000 level? what we saw last year was just a pump in the price, but the most important question was: how much time could you keep if you had the $ 20,000 price? it would be necessary to have a lot of constant demand to maintain this price of $ 20,000 for a long time. Where would this constant demand come from? These are the questions I have and I do not find answers.

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

to reach $ 20,000 this year very difficult, I would say that it has less than 5% chance of this happening, in the same way that I would say that it has less than 5% of the next year to reach the price of  $50,000

I don’t believe your predictions. It is totally nonsense. Are you a bitcoinist that know the future of bitcoin? I only believe in people’s trust. If they invest more and more money in bitcoin the price will grow otherwise it will be the same as it is today. I assume bitcoin as a regular currency and don’t expect any big bump in the coming future. This price is normal for bitcoin users.
sr. member
Activity: 1190
Merit: 256
Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.
legendary
Activity: 3500
Merit: 1162
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Lol, I don’t think people knows what they want. When there is a fast growth a lot of people complain and say that’s bad and you see them start calling it a bubble and saying it needs a correction. When there is a slow growth you will still see them complain and say the market is very slow and you see a lot of people starts quitting. Quite funny.
I feel you mate! The truth is that a lot of people do not even have the knowledge of the market, let alone be able to wrap their heads around what they really want from this market as far as I am concerned. Usually, the growth that will always last is the quick and steady one, and not just some quick spike upward as a result of FOMO and people getting greedy and in those sorts of latter chances, the possibility of seeing the market enter a deep correction like what we just had recently will always be there.

There is no big growth to be seen since February 2018. The price is almost stuck between $6000 and $7000. If the price bumps like the previous one, it will collapse once again in the next year because such growth doesn’t match market capital and this is the main reason for its collapsing. We should be optimistic and don’t expect any big bump in the coming months. Slow and steady wins the race.
Well, that was simply because the repercussion of the greed and FOMO that happened the previous year actually caused a whole lot of them to not understand that such growth that is driven by speculation is never sustainable because people are getting greedy and at some point when they all start cashing out, of course, what would be expected. Slow and steady growth is the normal growth that would always bring about sanity in the space and not just some greed based growth.
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