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Topic: What kind of price movement do you want for Bitcoin? - page 8. (Read 863 times)
I prefer A) small weekly increase, because this kind of movement is more stable than the others making it the best choice (I think so). C and D sounds good but could be a disatrous one, remember what happened last December? It's just like that. Btc soar higher and higher that time and then suddenly collapse like a roller coaster which reach the peak of the rail and fall down rapidly. With this situation, you only have one shot to earn profits (lots of profits possibly) but if you missed then I'm so sorry you'll have to wait a lot of time before the trend recovers again .
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I'd rather have monthly spikes than weekly. At least after a month it will be a huge spike then a dip during the mid month to actually buy some more. Eitherway , if there is a movement in the price of crypto currencies, then there isba significant income in it. I just hope that by the end of the year, we will see another record breaking price.
Every one is here are looking for the bitcoin importance and it's value so if the currency rises but with equal proportion then the growth will be good and if the abnormal growth occurred then for a time being the price will be good but it will not run inn the long run so i believe that if normal rise the more chances for the long term growth.
I'm fine with today's market. I am only doing long term planning and the best way to buy the average of the market is to dollar cost average every month with a fixed amount of money.
It's near impossible to lose that way. I am not in for the quick profits but look to build up wealth in a slower but more steady manner. It requires a lot patience, but it's definitely worth it.
People chasing quick profits mostly end up losing everything quickly. Some times people need to realize that the risks don't always outweigh the potential profits. Crypto is serious business, not a joke.
The sooner people realize that losing isn't fun the sooner they will stop with all that altcoin nonsense.
It's near impossible to lose that way. I am not in for the quick profits but look to build up wealth in a slower but more steady manner. It requires a lot patience, but it's definitely worth it.
People chasing quick profits mostly end up losing everything quickly. Some times people need to realize that the risks don't always outweigh the potential profits. Crypto is serious business, not a joke.
The sooner people realize that losing isn't fun the sooner they will stop with all that altcoin nonsense.
The best trading environment for both a long-term and short-term trading strategy and to increase adoption, is for Bitcoin to have a slow and steady increase in the price. Investors want to see their investment growing and new traders want to enter at any time and still make a healthy profit.
A lot of people says that the goal should be long-term, but 70.6% of the poll is asking for small weekly increases.
We can see that a sharp increase in the rate of bitcoin also leads to the same subsequent sharp drop in it. And such a fall is accompanied by its long stagnation. And this also negatively affects the entire crypto currency as a whole. Now the crypto currency has been lying almost half a year on the price day and we can only record our conditional loss in the value of our coins. Therefore, it would be much better for us, the crypto currency and its image if it grew in value with minor fluctuations. Large price fluctuations are also sometimes useful, however not so often and not as large as it was in December last year.
I don't know... I'm fairly new to the game. But for me, the best price movement for me is low opening and high closing every week. I can buy off at a monday and sell it off on a friday. But in the long run i would like to see BTC or any major coin be stable and less fluctuating. Because by then, it will be easily adopted by businesses.
That was a good thought, to have a low price at the start of the week and then higher price in the weekend. Profits will surely be gained from this but I think the market is not gonna be this way. People are busy on weekdays and their free time will only be on weekends so they are going to need money. They will likely sell on weekends therefore opposing what you want to happen in the price of bitcoin.As for me, I will appreciate it if bitcoin price have slow fluctuations. I know that it will be profitable when the price had a pump but sometimes a sudden pump is followed by a long dump. It is much harder this way because selling feels like a regret so you will have to wait for the market price to rise.
Welcome to the "game" and I hope that you will find things in here that will help you to stay.
I don't know... I'm fairly new to the game. But for me, the best price movement for me is low opening and high closing every week. I can buy off at a monday and sell it off on a friday. But in the long run i would like to see BTC or any major coin be stable and less fluctuating. Because by then, it will be easily adopted by businesses.
There's a chance that with CBOE futures and bitcoin becoming more of a speculative investment with the introduction and greater support of leverage has altered crypto markets significantly and reduced the degree to which btc may be a long term store of value. Whether such effects may be permanent or not, who can say? As long as bitcoin's price appreciates over the long term, its good for me.
BTC's pros as a long term store of value has not changed because it is technically still the best coin out there in security, liquidity and development. Your money will be most secure in holding it. Its only in the short term or maybe also medium term that its volatility most matter.
For me i prefer that bircoin price is gradually increasing than a massive pump. Ideal market move was pumping everyday bad has some dump, balance market. I really dont want bull market just what like happen in 2017. Seems after those pump big dump will follow up. It must be better price is not rapidly increasing, just be slowly but surely
I was wondering what price movement would suit your investment strategy in Bitcoin the best?
It fits me the big monthly increases. I usually take out profits every month so I can be more careful of budgeting my pocket and be tight with it.Weekly basis won't work for me, I can spend the whole week profit within the day so small weekly increases doesn't fit me because I can also spend the capital that I used to start by a weekly trade.
Large spikes everyday is quite abnormal and large spike each year can be suitable also to us who have some other things to work outside crypto.
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.
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?
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.
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?
To be honest, I personally cannot say as to which I really want because even if I would choose, I wouldn't have the power to know when the prices would increase or not. So I think it is more better that all of it really happens because this makes cryptos more exciting for me and for most of the people.
I'm fine with today's market. I am only doing long term planning and the best way to buy the average of the market is to dollar cost average every month with a fixed amount of money.
It's near impossible to lose that way. I am not in for the quick profits but look to build up wealth in a slower but more steady manner. It requires a lot patience, but it's definitely worth it.
People chasing quick profits mostly end up losing everything quickly. Some times people need to realize that the risks don't always outweigh the potential profits. Crypto is serious business, not a joke.
The sooner people realize that losing isn't fun the sooner they will stop with all that altcoin nonsense.
It's near impossible to lose that way. I am not in for the quick profits but look to build up wealth in a slower but more steady manner. It requires a lot patience, but it's definitely worth it.
People chasing quick profits mostly end up losing everything quickly. Some times people need to realize that the risks don't always outweigh the potential profits. Crypto is serious business, not a joke.
The sooner people realize that losing isn't fun the sooner they will stop with all that altcoin nonsense.
With the experience you get your losses will be strong and of course, you have experience, with the existence of it then needed a strategy to be able to restore the state into your profits. Currently, the price is declining, not just bitcoin but altcoin is declining and this makes us wonder why it can go down? I think at this time is the right time if you make an investment for the end of this year, I am sure bitcoin prices will be stable again at the end of this year because some sources say by the end of this year bitcoin will reach $ 20000, of course, a lot of other people who will switch to bitcoin investment and this is the right time to restore the state of your failure to your advantage.
I just want it to stay stable until I better organize myself. If it starts to spike it makes you feel like you're missing out.
I wouldn't mind some consistency in the price, but that's too much to ask for. In this market the only thing that seems to count is to have as many increases as possible -- people can't seem to get enough of them due to their greed. I did pretty well last year and still have fiat left to buy the market down, but I do realize that these opportunities don't happen very often, therefore I'm not expecting anything to happen this soon after what happened last year. The only events that could trigger another rally is either lightning network becoming way more user friendly, an ETF, or the run-up to the block halving.
I think bitcoin should return to return to 23k so that those who invested at that amount will not lose so much money. Because at the current price ,is so much loss to them and I believe it will kill their desire for cryptocurrency investments in the future.
Surely everyone is the same, when they will buy bitcoin, wanting a low price, and vice versa, if they will sell, will want a very high price.
To be honest, I would like to see the situation, what happened in November 2017 - January 2018. Since as holder/investors, I would like to get the biggest profit as faster as possible, and plus I'm always setting goals when to out, right now, I'm waiting at 10,000$ to cash out 50% of my coins and 25% move in alts.
As much as I'd like to see slow and steady increase, I think this is not possible with the current volume, because if Bitcoin would be consistently growing, more money would jump in, maybe even insitutional money, attracted by this safe returns, so we would immediately price jumps, and with them price drops every time Bitcoin will be overbought. So, I'll going to enjoy whatever we'll have a not worry about the price too much, and maybe even try to occasionally sell the tip and buy the dip.
Small weekly increases would be nice especially for day trading and/or long term holding as long as there will be no downward spikes in the price of bitcoin. And it will be a better for of investment, a more secure asset that can also be used for platform utility in many projects.
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