Pages:
Author

Topic: What kind of price movement do you want for Bitcoin? - page 7. (Read 887 times)

legendary
Activity: 1232
Merit: 1029
I'd like the price to increase but not at a rapid rate like in 2017. I'd be happy if the price can move to maybe 10-12k this year and back towards 20k by the end of 2019. Really any extreme growth is just going to make the market toxic with a lot of uneducated money looking for quick riches.
In as much as rapid increase can be good, it brings a wrong mentality into the market and with everyone having the idea of just wanting to get rich quickly from the fast movement in value, bitcoin becomes even more speculative than it is already right now. Steady growth is always the best and one that is sustainable for long and even though trends can always reverse, it helps a lot to build strong support and would not always be something falling rapidly.
hero member
Activity: 1722
Merit: 528
I want little to volatility. That would make Bitcoin more legitimate for everyday use. I know people want to make money, but we need something stable.

If you want to make Bitcoin stable, that will require a lot of investors and whales to control the volatile movement of the price but that is really hard. You can't expect a decentralized crypto currency to be stable, yes a lot of people will be considering to use Bitcoin if that happens but it is not, I think Bitcoin is not a good currency but a good asset that will give you a good profit in time.
jr. member
Activity: 42
Merit: 1
I want little to volatility. That would make Bitcoin more legitimate for everyday use. I know people want to make money, but we need something stable.
newbie
Activity: 89
Merit: 0
Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year.

The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000.

I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis.  Angry

I was wondering what price movement would suit your investment strategy in Bitcoin the best?

I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? 

Slow and steady rise. Bitcoin should be the most stable in terms of volatility, leave the volatility to the altcoins. Solid growth between 10 to 13 k by Christmas. Hopefully it will not go crazy again and have a massive correction again to the extent of last year.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year.

The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000.

I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis.  Angry

I was wondering what price movement would suit your investment strategy in Bitcoin the best?

I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? 

Good that you made profit during that bullish run of Bitcoin last year. As we can see the market of Bitcoin, it would suddenly go down after a massive hike. So if I were to invest in it, when it starts to grow I would rather hodl than to buy and sell so that I will not have a deficit when it starts to go down.
sr. member
Activity: 1190
Merit: 256
Having seen bitcoin go up to almost $20k in last year and now dropping to a miserable price. I would prefer bitcoin makes a continuous steady increase with little dips and quick recovery. Also, if the price can get get above $10k and use that as a base of sustainability to increase in value.
sr. member
Activity: 798
Merit: 281
Good to see that most of the votes went to small weekly increases, i voted for that as well. This will encourage investors to buy it, and also business users to accept it as a form of payment
legendary
Activity: 1904
Merit: 1074
I want a steady weekly increase in the price. I can imagine that it would be very difficult to convince someone to buy bitcoins

for the first time, if the price is going down every week. I can easily convince someone to buy bitcoins, if the price is going up

or if there are a long-term upward curve in the price over time. The short-term day traders will never enter Bitcoin now,

because they will lose money in this  environment.  Roll Eyes
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year.

The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000.

I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis.  Angry

I was wondering what price movement would suit your investment strategy in Bitcoin the best?

I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? 

That is the reason why every traders in the market really loves its volatility because in that volatile way they can earn more profit and those new traders who are just starting up today are worrying about the prices because they only lack of knowledge and capability to trade at the right time.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
I have voted for the "A large spike each year" because it almost reflects the behavior of Bitcoin as we know it, and I personally like it as it is. In fact I would have voted "A large spike when no one is expecting it" if there was such an option. The price movement of Bitcoin is unpredictable and I think that's a good thing. Everything which has life in it is unpredictable in this world. The life itself is unpredictable. And if we call Bitcoin a revolution, how can a revolution be predictable in the first place?
full member
Activity: 224
Merit: 100
Well my strategy involves a decent amount of volatility because if we have small weekly increases then it doesn't entice investors or get them out of the market much. With high volatility however, the market fluctuates rapidly and there is a ton of opportunity to capitalize on. I am all about capitalizing on opportunities, the process of how I get there, I could care less about that.
hero member
Activity: 1680
Merit: 655
A gradual increase followed by an increasing volume is the most ideal scenario for Bitcoin and the cryptocurrency market in general for me as it will tell us that BTC is on a bullish market. We all know what happened when Bitcoin started to spike up last December, the price rally was fast and it ended up badly for some who didn't shorted and we are still experiencing the bear market right now. And when the time comes that Bitcoin will break out of this bearish trend I just hope that it is not one of those short term price rallies.
newbie
Activity: 73
Merit: 0
Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year.

The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000.

I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis.  Angry

I was wondering what price movement would suit your investment strategy in Bitcoin the best?

I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? 

Yes I agree and can relate to the fact that last year was a great year for trading Bitcoin because the price is steadily going up so that means I can make small profits weekly everytime the price is adjusted positively. I hope in the second quarter of this year, it can happen again because it could give us more profit if we just believe and trust Bitcoin.
member
Activity: 238
Merit: 11
I would like the bitcoin price to go up but not sharply but smoothly and gradually. I do not know what maximum it can reach but I would like to believe in the best.Given the limited number of coins, bitcoin should definitely increase in price. I'll wait patiently.
full member
Activity: 532
Merit: 103
Bitcoin is a ruling community platform so Everyone expectation is this will grow soon. But automatically all the altcoins are stabilize in the market so we need constant growth not a gradual increase. This year we will expect the last year hype that is more than enough to me.
sr. member
Activity: 1344
Merit: 261
Voted with the movement that the price stabilizes and goes through small increases weekly, this is the best movement for any kind of currency and will fit the best for BTC's movement, I strongly agree with having weekly increases instead of monthly big increases, there will be much more flow and much more progress in my opinion when the movement of the price goes continuously up like this in a span of 1 week or so.
sr. member
Activity: 644
Merit: 263
A large spike a year seems to me perfect one. Because a whole year is complete time period for lot of investors to get into the crypto and make their first move into the bitcoin. As they keep exploring more about it then they can make more investment into it and thus prices will always explode at the year end all the time. So this way we will see the largest spike over a year of period.
Doesn't matter if there is any small or big peaks coming within that wave, but the final wave should be the dazzling one!
legendary
Activity: 1652
Merit: 1000
i personally does not liked the price of bitcoin jumping rapidly even more likely i fear for that situation because usually easy to rise up and easy too fall again and i expect bitcoin have small increase for each days and keep it steady but very unfortunate i realize this is will not gonna happened because volatility is part of bitcoin
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
I think that pump from nowadays price to 10k$ would be the best, cause price won't be to big and down won't be felt that much, so i think that pump is nice to come.
legendary
Activity: 1386
Merit: 1058
I don't like the constant jumping of bitcoin prices. It may give me a profit in a few months, but then I lose it because the price goes down. I prefer a stable bitcoin with a tendency to small growth. This will scare away speculators and bitcoin will be what it wants to see most potential sellers of goods for bitcoins.
Well, we just have to admit that the constant jumping was what led to bitcoin becoming more of a speculative asset now.
I would not say it was not a good moment last year, most especially for traders since they were able to take the advantage of such move, but the truth is that it ended up not so well for new and inexperienced investors even though it was more like their fault of wanting to get rich overnight.

Any part of the market is good enough for me, since I still make profits anyway, just that downtrend sometimes takes a lot of caution when trading.
Pages:
Jump to: