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Topic: Why is a constant rise in the price of Bitcoin, important? (Read 944 times)

full member
Activity: 524
Merit: 100
In my opinion, stable growth is good enough for the holders and investors, but for the day traders, better would be to have some unstable and volatile jumps, then they would be able to trade and have their money.


I guess that is the main idea. The idea of being an investor is to make money from our investment and seeing a constant rise from where we bought makes it appealing to see some huge profit on it in the long run.
However, constant rise of bitcoin's value is a dream and we sure do know it is something that is not possible. The market will always get to have some downward corrections no matter how things are once in a while, so it is necessary to know that no matter what, trends will change.
legendary
Activity: 2996
Merit: 1188
For investors who tend to hold and make money or invest in cryptocurrency and let it rest there for a long time, it is very important that the value of bitcoin and cryptocurrencies to go up, because if it wont, then their investments would end up being counted as a loss, an increasing value of cryptocurrency also means increasing value of the cryptocommunity.
I see a lot of reason in what the OP said, but the thing with bitcoin is that nothing is predictable and not everyone can actually be a trader to know when they should be cashing out once in a while or not.

It is normal to see the whales doing their thing since it is a decentralized market anyway which makes it very easy for them and with this in play, we cannot always see a constant rise since everything is based on speculation. The only time we can get to see constant rise is when the demand is really there for a long time based on real life usage and not speculations.
hero member
Activity: 756
Merit: 500
Let's say you bought a bitcoin for $1000 in January 2018.

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  Wink ..... You might end up with a bitcoin worth $100 in year 5.  Roll Eyes
Its just because of bitcoin whales. Bitcoin whales are the real reason why bitcoin price is pump and dump so if you see that bitcoin pump and dump you should wait until the bull and it is a new. The first is to give up again this year, right now is to invest, the best cryptocurrency in our beloved.
I don’t think it is important because many investors love volatility in the price because if the price increases regularly then new investors will not be interested in bitcoin investment. Therefore I think that ups and downs are the beauty of bitcoin and are the key to catch new investors. Constant growth means that one day nobody will be able to buy bitcoin.
full member
Activity: 659
Merit: 101
We often see a lot of fluctuations in the price of Bitcoin. Sometimes the price is high and sometimes the price is low but currently we are noticing some regular drops in the price of Bitcoin from quite a long time.Due to these many investors are cashing out and new investors are afraid to work with it.This makes the  price to fall more which is affecting the whole crypto market.So in order to maintain the stability of the market and to convince people for keeping trust in Bitcoin, a constant rise in the price along with some drops is very important.
Constant rise will attract people to invest here with more intentions and love for their investments. People are investing here with little hesitations because the market is unstable and they think that they may lose their invested money if market shows sudden fall which is possible anytime. In order to invest in favorable conditions the market should be a stable market with constant rising price.
Our perceptions changes with price which is very bad and that is why bear market name came up. All we need is to think for our benefit which is possible in both stages of the market either in low or high market price. A constant or regular increase in the price of Bitcoin will create a positive perception among people which will encourage us the most and will be trending topic for us.
sr. member
Activity: 714
Merit: 250
people wants to earn a huge amount of profit and because of that, bitcoins should increase even more in the future in order for people to get ROI in their investments.

If people wants to earn huge in such a volatile market then they should know when to take profits. The problem is that some are hoping for a continuous increase in price and when its price dump, that's the time they would panic. One should take profit when the market is still green. Well that's the nature of people sometimes because we are an emotional being so when there are panic sellers, we tend to panic too and sell. Just like what OP said, one should take profit from time to time so that we are sure that we can have ROI even if we hold the asset for long term.
It's important because it creates an atmosphere of continued growth and progress. It's also a sign of more positive returns. Though, it's not that predictable, we must learn to control our emotion and not to panic. It's good that we have an idea to what's the proper time to buy, hold, sell, or invest, and on what's the proper way to manage risks and losses.

That's good to have proper ways of managing risks, but how to do it when you encounter such great short comings in your lives. We need to be more focus on how to develop the self sustenance, even if bitcoin price fall down due to volatility factors that made the price unpredictable. Constant rise is very important instead of fluctuating market value, and because of that more bigger investors particularly the whales will take over so they'll be able to gain strong trust with bitcoin that will help the btc price became very profitable to invest with.
member
Activity: 294
Merit: 12
to be honest I am quite happy with the effect of such a constant price increase unlike a ravine or wall that rises and falls so fast because there is a loss in itself but when hrga constant purchase of assets for those who invest will sangt profitable but it becomes a loss for traders, indeed such a thing as there is a shortage and an excess might influence the nature of such coins
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
In my opinion, stable growth is good enough for the holders and investors, but for the day traders, better would be to have some unstable and volatile jumps, then they would be able to trade and have their money.
Even in an uptrend market, the market is still going to be fluctuating on the lower time frame, so you cannot see stable. However, a constant rise just makes it easy for everyone to invest or trade, knowing that no matter what they are making profits and that is what makes it different from a bear trend which has to do with a lot of uncertainty and people being careful when they should enter or not as the case may be.

Unfortunately, unless there is a real demand and a huge one, constant rise is not something anyone should expect and even with the real life usage or demand, it still does not guarantee constant rise.
hero member
Activity: 1139
Merit: 500
people wants to earn a huge amount of profit and because of that, bitcoins should increase even more in the future in order for people to get ROI in their investments.

If people wants to earn huge in such a volatile market then they should know when to take profits. The problem is that some are hoping for a continuous increase in price and when its price dump, that's the time they would panic. One should take profit when the market is still green. Well that's the nature of people sometimes because we are an emotional being so when there are panic sellers, we tend to panic too and sell. Just like what OP said, one should take profit from time to time so that we are sure that we can have ROI even if we hold the asset for long term.
It's important because it creates an atmosphere of continued growth and progress. It's also a sign of more positive returns. Though, it's not that predictable, we must learn to control our emotion and not to panic. It's good that we have an idea to what's the proper time to buy, hold, sell, or invest, and on what's the proper way to manage risks and losses.
sr. member
Activity: 616
Merit: 262
people wants to earn a huge amount of profit and because of that, bitcoins should increase even more in the future in order for people to get ROI in their investments.

If people wants to earn huge in such a volatile market then they should know when to take profits. The problem is that some are hoping for a continuous increase in price and when its price dump, that's the time they would panic. One should take profit when the market is still green. Well that's the nature of people sometimes because we are an emotional being so when there are panic sellers, we tend to panic too and sell. Just like what OP said, one should take profit from time to time so that we are sure that we can have ROI even if we hold the asset for long term.
newbie
Activity: 224
Merit: 0
Bitcoin is now being understood by all to be the future of financial transactions around the world also, the bitcoin coins are constantly being mined and processed at a constant rate due to the increasing amount of servers involved supply means more demand and that translates into increasing price.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
Let's say you bought a bitcoin for $1000 in January 2018.

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  Wink ..... You might end up with a bitcoin worth $100 in year 5.  Roll Eyes

people wants to earn a huge amount of profit and because of that, bitcoins should increase even more in the future in order for people to get ROI in their investments.
full member
Activity: 378
Merit: 100
Let's say you bought a bitcoin for $1000 in January 2018.

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  Wink ..... You might end up with a bitcoin worth $100 in year 5.  Roll Eyes

In my own opinion, constant rise in bitcoins is not important because people also needs time to invest which is dumping of prices in the market so volatility is important in order for people to get a huge amount of profit.
full member
Activity: 334
Merit: 100
We often see a lot of fluctuations in the price of Bitcoin. Sometimes the price is high and sometimes the price is low but currently we are noticing some regular drops in the price of Bitcoin from quite a long time.Due to these many investors are cashing out and new investors are afraid to work with it.This makes the  price to fall more which is affecting the whole crypto market.So in order to maintain the stability of the market and to convince people for keeping trust in Bitcoin, a constant rise in the price along with some drops is very important.
Constant rise will attract people to invest here with more intentions and love for their investments. People are investing here with little hesitations because the market is unstable and they think that they may lose their invested money if market shows sudden fall which is possible anytime. In order to invest in favorable conditions the market should be a stable market with constant rising price.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Bitcoin price is benchmark to altcoin price. We know that bitcoin is main pairs in market and movement on bitcoin price affecting on altcoin price. I think most important on bitcoin price is always increasing year on year and that will keep our investment increasing
I don't think that it is required for bitcoin to keep increasing its price every year because we can still keep our investment increasing if we will be smart to choose what coins we will pick in terms of investing so there will be no reason for us to hold it for a long time because it is best and also one of the safest way to invest in long term.
full member
Activity: 434
Merit: 110
So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  Wink ..... You might end up with a bitcoin worth $100 in year 5.  Roll Eyes

So if its more about how useless our money could be  Wink bitcoin remains bitcoin as long as you have it and don't sell.
Inflation is a mechanism created by the governments to be able to keep on printing the money every year, i think that in 5 years you will be able to actually pay with crypto and don't have to change it into real money to avoid inflation.
I don't think that bitcoin need to be constantly growing, last year it took only 1.5 months for bitcoin to go from 6k to 20k $.
newbie
Activity: 210
Merit: 0
yes that's a good thought. if I hold my coins and earn huge profits I will sell some of my coins as my profit and use them to buy back when the crypto market is decreasing. instantly my assets will increase.
newbie
Activity: 90
Merit: 0
Because investors should be confident that their money will have some value in the future, perhaps it should not go up indefinitely, but a lot of people have invested to have some return, the ideal time would be when it stabilizes enough to be used to buy things in the real world.
member
Activity: 798
Merit: 10
Bitcoin price is benchmark to altcoin price. We know that bitcoin is main pairs in market and movement on bitcoin price affecting on altcoin price. I think most important on bitcoin price is always increasing year on year and that will keep our investment increasing
full member
Activity: 364
Merit: 100
Only investors and traders are happy when the bitcoin show a constant rise in the price while the users who are using crypto on daily basis for various transaction they are happy if abnormal growth also happen and i think that always a constant rise is not growth.
sr. member
Activity: 826
Merit: 265
I dont think hoarding of bitcoin may effect in losing,because those bitcoin millionaires use to hoard this coin wayback years and theres this highschool dropout that a millionaire by now just by holding bitcoins for almost 4 or 5 years.

It depent on how you can handle the holding because if this is only your extra money so why not wait for another years of holding
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