Pages:
Author

Topic: Why is a constant rise in the price of Bitcoin, important? - page 3. (Read 967 times)

legendary
Activity: 1232
Merit: 1091
It is not realistic to just keep seeing the market going up without anything serious causing it than speculation, so I feel the importance is not even something we should be discussing.

It depends on the level of growth and the time it needs to establish and maintain it in a way we can have it last a very long time. We can't ignore the speculative aspect of Bitcoin, but below all that speculation hides a consistent level of growth that we managed to stretch out till where we are today. I always look at the price and at least cut off 25% of it during normal market activity to determine what a fair reflection of the price looks like. The lowest point I did it at was $7000 and if we deduct 25% of that price we see $5250 pop up, which I believe is a fair price. It doesn't mean much technically, but it did help me not take every latest exchange rate too seriously.
hero member
Activity: 3052
Merit: 606
I think that bitcoin needs stable, constant growth primarily because this factor attracts a large number of investors to the market. Stability is confidence in the future. When investors observe constancy, they are ready to invest large sums, as they know that such a move will bring them a good income.
Agreed. Aconstant rise in price even just a steady growth in bitcoin will make the investors even more attracted and feels even more safe and secured if they see their investments keep on growing along with time.Of course price fluctuations may be inevitable but hopefully the price won't always stay on downtrend.
legendary
Activity: 1512
Merit: 1041
Constant rising price of bitcoin is important because it makes the bitcoin more valuable and attractive to the bitcoiner and potential, investors, it's make sense when the price keeps on rising.
Any reasonable investor will always know that it is impossible for a market to just keep going up and up without having some moment of retrace one way or the other. This huge movement in the price upward attracted a lot of investors, both most especially the inexperienced ones, but one thing though is that everyone is part of the big market, from experienced investors and traders to the inexperienced ones.

It is not realistic to just keep seeing the market going up without anything serious causing it than speculation, so I feel the importance is not even something we should be discussing.
full member
Activity: 448
Merit: 232
I think that bitcoin needs stable, constant growth primarily because this factor attracts a large number of investors to the market. Stability is confidence in the future. When investors observe constancy, they are ready to invest large sums, as they know that such a move will bring them a good income.
member
Activity: 378
Merit: 25
well, yeah, hoarding or hodling your investments are not healthy depending on the percentage of yearly inflation, it is not wise to just sit and look at it for 5 years without even cashing out a penny, the statistics last 5 years ago is different from today, if you based your stats for the past 5 years, you will loose a lot, considering the new factors that affects the price, obviously, the factors 5 years ago was way to different, the market is ever changing, 5 years is too much. let us talk about 5 months rather.
jr. member
Activity: 153
Merit: 3
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.
Small corrections are no problem for bitcoin investors but huge pump and dump destroy small investors. They lose all their money and they never think of investing again in bitcoin. With constant growth the early investors made thousands of dollars and now they are the richest people of their community. But now the price is volatile and due to this volatility many investors lost their money
full member
Activity: 379
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

Bitcoin has grown so much in few past years, we can expect it to repeat something like that in next few years, but as he has shown us recently, our anticipations in nothing, lol.
full member
Activity: 322
Merit: 103
change is really not constant it can be different base on what is happening in the market the increase now will not be the same increase tomorrow same when its getting dumped, but it is the basis where a certain currency or investment is heading base on its trend investors follow this on how they are gonna manage their port folios because change is inevitable.
newbie
Activity: 196
Merit: 0
Constant rising price of bitcoin is important because it makes the bitcoin more valuable and attractive to the bitcoiner and potential, investors, it's make sense when the price keeps on rising.
When BTC rises, some other coins will rise and that is when investors sell their altcoins to the market to make a profit. So I think BTC is the king of the cipher market and they Determine the price of the remaining atlcoin.
hero member
Activity: 980
Merit: 523
I don't agree with you, that it is important. The market is cruel, and for that constant rise is unbelievable. But i think good words about constant rise of Bitcoin. If that way every one, who invest had earn money, but don't forget, that it is a market.
What I think about the constant rise in the market value of Bitcoin is that it is very important for Bitcoin to have constant rising prices or in other words consistently rising. This will boom the output of the people who have already invested in the currency.

But this will hinder the future investment of those who want to join and do not have enough funds. So what is going is good. The fluctuation is something that invites the people to invest in the market.
full member
Activity: 379
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.
full member
Activity: 378
Merit: 100
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.
full member
Activity: 350
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
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.
member
Activity: 308
Merit: 14
Constant rising price of bitcoin is important because it makes the bitcoin more valuable and attractive to the bitcoiner and potential, investors, it's make sense when the price keeps on rising.
legendary
Activity: 1302
Merit: 1037
Obviously a constant rise in the price of bitcoin means a constant increase of profits also in our end.And when it happens all investors on bitcoin will become rich or millionaires in just a short period of time.That's why we're keep on hoping and praying that bitcoin will increase gradually to solve our financial needs.

This is simply impossible. Everyone can only be a "paper" billionaire as there is no free lunch for all. As soon as a certain number of holders decide to cash out, the price will inevitably crash dramatically, and those who bought in at higher prices will be left either with real losses (if they choose to cash out no matter what) or holding the bag for the more lucky ones. To put it simply, only some (the first sellers) will be able to solve their financial needs, obviously, at the expense of all others. There is no other way or a way around this in a mostly speculative market to which Bitcoin truly belongs.
The funny thing however is that this one thing that is for sure going to keep being an issue for most of the people that end up panicking because they are always bond to keep hoping when the market is down believing it would come back up and then psychologically as it keeps going down, we get to start seeing so many of them getting to want to just cash out the little they have left, assume they have lost already so as to move on with their life and then when the market starts climbing up blame everyone for everything only that they are just dumb enough to keep making the whales richer.
I can say that people are being driven by the experts and by the brand names. Brand consciousness. This is easy trick if people start following their own minds and not what other says backed by their little experience. Also even if the market is red, do not sell.

If the price further fell, you still should not sell. This is because the market equilibrium reaches be it a bit late and that would be the time when the worth of your portfolio will be more than your initial investment.
newbie
Activity: 224
Merit: 0
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
I realize what you say. But success or failure in the market, this boundary is very fragile. Sometimes it is only a moment of hesitation that you have lost the chance to change your life. And with 10 years of development, it's a shame if you get out earlier. You could own bitcoin at $ 200 Cool
hero member
Activity: 952
Merit: 503
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
From year to year the price keeps on rising, but that’s due to the rate of demand and supply and increase in the number of investors. There are lots of people who are investing in Bitcoin and their number keeps on increasing, that’s the reason why price keeps on increasing. But I don’t really know if that’s good idea, but anyway that has been the way for many to make profit and you can’t change that.
legendary
Activity: 2100
Merit: 1058
I am not really sure I get your point here. If you have an initial $1,000 invested, and you get positive returns every year, how can you end with just $100?

I do agree in cashing out from time to time, especially in ATHs.

No, he only referred to the $100 for someone who is just hoarding through the five years and not even making an attempt to enjoy the ATH. I believe the HODL thing is over emphasized and over stated and it is a good thing though for someone who may be looking at the huge return in the long run after investing just a little.

But let's face it, every market is bound to correct after some huge run with some crazy ATH, which makes me believe that it is better to always take some of those profit once in a while.
hero member
Activity: 896
Merit: 514
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
Grin I can bet some long term bullish individuals are going to be taking this the wrong way but indeed it is the truth, most especially when the ATH is not really something that looks so true apart from just some FOMO speculation.

There is a real difference between an actual demand and a FOMO driven value. Asides that anyway, anyone who is investing in a market should always know better to at least find a way to monitor the trend so as to know when they should be out of a market and when they should be in.
hero member
Activity: 952
Merit: 500
The average rise in past year is way good to fight against inflation. I do agree that this trends need to continue in future also.
it is important to see bitcoin rising as it will make our profit high we will not be compel to sell as if once price will keep on rising people will see the ray of hope so they will hold, but constant price will not give them any hope so they will panic which is not good for sure, I think it is good to keep on holding soon price of bitcoin will start increasing once again.
Yes.It's really fulfilling to see bitcoin price keep on rising so that we will make good profit at it and enjoy the fruit of our hardworks too.This will also attract investors to stay in bitcoin because they will feel secured with the money they invested and may expect good returns too in due time.
Pages:
Jump to: