Topic: Why is a constant rise in the price of Bitcoin, important? - page 8. (Read 967 times)
Because with the constant rise of the Harag bitcoin will be beneficial for anyone who keeps bitcoin either in a lot that wants to in a small amount due, but if you've saved a lot of bitcoin and you hoard over the next five years most likely will benefit but if for example the price drops then it's a risk that you have to accept, because an investment in no harm as well.
You forgot to mention the amount of money lost to paying tax, if anyone is actually doing it! The reason it is important to rise continuously is to maintain interest, otherwise the media will ignore it and most of us won't be here.
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...
You cannot have a price decrease of 400% in a year or ever. The price can only fall to zero and that would be exactly 100%. Bitcoin is for speculation, especially for those who bought it with their own money. People who are hodlers are either those who bought their coins very cheap (and cheap here means dirty cheap) so they don't care what the price is, or those who bought at last November/December highs. And the latter are forced to be long-term holders, whether they like it or not.
It is not a good way to wish for something to go up every time. We should try to accept for what ever Bitcoin may turn out to be in the future.
I agree. The focus should be on the technical side of Bitcoin instead of the market. If we look at how volatile the market is and has always been, and how many +50% corrections we have gone through, then it didn't even dent Bitcoin and its network. Last year was the perfect example of how the market just doesn't mirror its utility value and probably never will. This year's correction is the perfect example of how people's dropped confidence in Bitcoin doesn't mirror all the developments in the background, where on top of that, the difficulty has been going up continuously. In other words, don't trust the market, but just the technology.
On a very technical context you are right with your point. Bitcoin must have to rise in value before alternative investments draw a line to push it off the balance. On a very simple analysis to make it more understandable, the rise in the value of bitcoin represents people joining it. Without its price moving up then it would mean that it did not create a good market for itself and the less people did use it and therefore would lose to other alt investments. This idea gives us a clear message that if bitcoin fails the altcoins will dominate and it will be even hard for bitcoin to move up. No users no price going up.
It is not a good way to wish for something to go up every time. We should try to accept for what ever Bitcoin may turn out to be in the future.
I agree. The focus should be on the technical side of Bitcoin instead of the market. If we look at how volatile the market is and has always been, and how many +50% corrections we have gone through, then it didn't even dent Bitcoin and its network. Last year was the perfect example of how the market just doesn't mirror its utility value and probably never will. This year's correction is the perfect example of how people's dropped confidence in Bitcoin doesn't mirror all the developments in the background, where on top of that, the difficulty has been going up continuously. In other words, don't trust the market, but just the technology.
I would still choose stabilization over constant price. Though constant price may give you profit or loss while stabilization can give the world economy a revolutionary way of transaction that would boost various businesses and freelancers. I can say as years come bitcoin becomes more stable because of its large price. It may affect by whales and weak hands but it is a domino effect meaning no certain entity could dictate its price.
Correct to those who want to maximize their profits from peaks and crashes hoarding has its own consequences and ups so do the day trading and long-term holding, if you've taken the advantage from the ATH converting into fiat to be on the safe side last year then you probably going to make a buy from the lowest point of crash to stretch your own capital gaining a tremendous return of investments when the timing is right.
I think the rise in bitcoin prices is very constant because bitcoin has a very limited supply and bitcoin also has a very high demand that makes bitcoin very fast to rise in price.
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.
..... You might end up with a bitcoin worth $100 in year 5. 
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.
..... You might end up with a bitcoin worth $100 in year 5. I understand what you are saying and I clearly see what you ate trying to make us understand, I am also doing this strategy, since we are investing in bitcoin, and it is considered a very volatile investment, if you look at at within 6 months, you'll say that you need to watch the market closely since it might go down anytime, but if you take a look at it for 5 years, and invest in it for long term, just like what had happened, if we look back 5 years ago, you'll still say that you gained profit, and for me, that is a great investment, since in the traditional stock market, only blue chips company could do the same, but the returns is not as high a bitcoin.
Hard to get what you saying but you are correct once in a while we need to take out some profits to avoid feeling the pinch of inflation :- when we had the chance, you can never know if price will maintain a certain range or continue to rise...so prudence is key to having a good crypto investment.
Most people will say that they are investing in bitcoin or in other altcoins for the long term and I personally invested in it for the long term too but taking profits from time to time is the smart thing to do because we are not assured of the profits for the years to come. If we are already in profit then take some because you may end up not having profits later on. There is a possibility that bitcoin would be more valuable in the future given that people are so positive about it but as you say, we should exercise prudence and if possible, diversify our investments and not only invest in cryptocurrencies but in other investment vehicles too such as real estate.
The constant rise in price of Bitcoin is very important. This will help the Bitcoin with the main issue; Bitcoin can earn many investors from all over the world due to its stable rise in prices. This is what needed at the moment. Many people around the world are still afraid to invest in crypto because of its price. So if Bitcoin will show some constant rise in price it can boost the confidence of many people for investing in it.
You are right. We still need more demand for bitcoin to attract more people to use it. Price at the moment is not attractive and people are not exuberant to invest in it because price is not moving that much. Taking into account the decline from all-time high, people would be attracted to invest when it shows sign of being bullish again. But still, when you are in profit, you should consider taking some of it because there are unexpected happenings that may end up for you being at a loss than being in profit.
Hard to get what you saying but you are correct once in a while we need to take out some profits to avoid feeling the pinch of inflation :- when we had the chance, you can never know if price will maintain a certain range or continue to rise...so prudence is key to having a good crypto investment.
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. ..... You might end up with a bitcoin worth $100 in year 5.
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.
..... You might end up with a bitcoin worth $100 in year 5. It is not a good way to wish for something to go up every time. We should try to accept for what ever Bitcoin may turn out to be in the future.
indeed the bitcoin hoarding in a long time it will instead be a boomerang and loss for us, that's my opinion, because we do not know how and what happens next year, then it is better, if it is felt to us to melt and we play at the time short, that's what I think about it
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. ..... You might end up with a bitcoin worth $100 in year 5.
You just say it, because you cashed your bitcoins at the peak of the price. And now let's ask the same question to those who bought from you these bitcoins for 20k $ ... they do not agree with your opinion. 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.
..... You might end up with a bitcoin worth $100 in year 5.
Off course this true fact. You should always take the advantages of taking out our profits and leading it towards the better equalisation of the investment. Thus it will secure our future investments also and will keep our earnings ATH.
Without any break if we keep holding in the immense thought that we will keep rising even after some dumps then thats not good way of login with it. Always keep it as liquid asset.
The cycle of investment must go on so that it can diversify both investment and ROI. Like the thought and math you worked out here.
Without any break if we keep holding in the immense thought that we will keep rising even after some dumps then thats not good way of login with it. Always keep it as liquid asset.
The cycle of investment must go on so that it can diversify both investment and ROI. Like the thought and math you worked out here.
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. ..... You might end up with a bitcoin worth $100 in year 5.
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.
..... You might end up with a bitcoin worth $100 in year 5. You are right. As what we have experienced last December, bitcoins price is at its ATH and that was the best moment to cash out and enjoy the profits. Since bitcoin's value is very volatile and unpredictable we can't even say that this is the ATH. We won't know when to cash out cos our greed will take over us specially if we see its value skyrocket. We still want some more of it because of our greediness to profit some more and that's the time we lose.
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. ..... You might end up with a bitcoin worth $100 in year 5.
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.
..... You might end up with a bitcoin worth $100 in year 5. You are right. As what we have experienced last December, bitcoin's price is at its ATH and that was the best moment to cash out and enjoy the profits. Since bitcoin's value is very volatile and unpredictable we can't even say that this is the ATH. We won't know when to cash out cos our greed will take over us specially if we see its value skyrocket. We still want some more of it because of our greediness to profit some more and that's the time we lose.
It's very important because that's the reason why people interest to invest their assets with bitcoin. We know that currently the price really hard reach back to where the price actually belong to, that's why this post was existed. But trust me in the near future the price will rise up even more higher.
The constant rise in price of Bitcoin is very important. This will help the Bitcoin with the main issue; Bitcoin can earn many investors from all over the world due to its stable rise in prices. This is what needed at the moment. Many people around the world are still afraid to invest in crypto because of its price. So if Bitcoin will show some constant rise in price it can boost the confidence of many people for investing in it.
I think bitcoin will not go high easily, contant move of bitcoin is not gonna happen because of its volatility. If bicoin able to survive the dump right now, for sure investors will come again, constant price is only happening at the bull market where we can see the long term pump and a short term dump.
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