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Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead? - page 15. (Read 2446 times)

sr. member
Activity: 1190
Merit: 256
A steady and gradual growth is the best right now, that will easily invite investors into the market. Most people are afraid of things that just spoke up in value without any tangible application. But with steady growth, it will be very for long term hold and people will begin to appreciate the beauty of Bitcoin, rather than seeing it as a pump and dump that will one day crash.
member
Activity: 278
Merit: 44
For me the both rising types are fine, just don't forget to sell some if the prices moves really fast upwards.
It's a fun ride when it spikes and then tanks, but the heart probably likes more steady low increases Smiley
copper member
Activity: 896
Merit: 110
I prefer to choose the latter. Because I'm no good trader at all. I like to collect and save things, I also applied it in bitcoin. So I felt very bad when i bought bitcoin last december. I wanted bitcoin to grow slowly and smoothly.
member
Activity: 546
Merit: 17
it all depends on each.
to be honest I'd rather see the price steady and go up slowly but surely. but, quite a few also want a spike.
in my opinion if the price jumps suddenly happen it is very profitable, but most likely also a sudden crash will happen as well.
a little bird told me about this sort of thing.
jr. member
Activity: 187
Merit: 2
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

Most of the people would vote for strong upward spikes as it results in returns like 40-50% in few days. However, I am not in favor of this. Most of the people forget that price will always go under correction. So after those upward spikes we will see prices going down. Just think of the people who are investing at those high levels, they will get burned really bad. Some of my friends invested recently when the bitcoin prices were like $17000 per bitcoin. Now the price is about $10000 and they are facing a lot of financial problems.
hero member
Activity: 826
Merit: 501
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
For me its nature for bitcoin to be volatile so for every bitcoiners theres nothing new to us.We are getting used on bitcoins price to rise up and fall..most people tend to experience votality so that they can have the chance to invest as price goes dip but i think its been a week that its price is stable so i can see that its also better to remain steady so that most  holders would calm down for a while.I can see that as its price dumps holders will get panic,more speculations would come out and cause negative impact to everyones mindset and also affects on bitcoins price growth when they dumps.
full member
Activity: 644
Merit: 113
If it would suddenly increase, tgere will be few people who would be happy. They might be intantly one the rich one. But surely its demand would suddenly increase. More people will catch their interest on how it works and how to invest on it. On the other hand, if it would increase slowly, more people will have the chance to get larger volume of coin. But its demand will nit be as much as the first situation.
legendary
Activity: 2170
Merit: 1427
I don't really mind the fluctuations and spikes to be honest, especially because I am a trader as well. If I would say I prefer a steady longer term increase over spikes and fluctuations, I would be a hypocrite. I like each and every aspect of this market, and to be honest, we have already been experiencing a steady level of growth. If purely focus on all the bottoms as being the actual price of Bitcoin, and thus ignore the peaks and whatnot, you'll see how much of a steady increase we have been experiencing. Based on that, even though the current levels are hovering over $11,000 right now, the actual price is still in the $6500-$7000 range, where from this point time will tell what the next bottom will be, and that next bottom will turn out to be the next actual all time high. In other words, Bitcoin's all time high wasn't nearly $20,000 last year, but slightly below $6000 last month.
full member
Activity: 546
Merit: 122
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I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Some people are infavor with its volatility because they are able to buy during the dips and to sell during the pumps which results to huge profit. But also, there are some who prefers a not-so-big-assured profit. Well for me, I'd vote for steady with 5% increase because that is less risky and I am the type of investor who holds for years so that is suitable for me.
sr. member
Activity: 588
Merit: 257
I am very preserved about my investment into the bitcoin and I am always hoping the bitcoin should go only in upward direction and that too slow and steadily. I dont want to see bitcoin making huge spikes in the CMC graph and just want it to go upwards without that dirt. But the thing is its not gonna happen at any time as the market is dependent upon many things which are uncontrolled and will always interfere the bitcoin market or price itself. If it stated going Iowa's steadily then that would be drawback as well because with steady growth the prices will keep rising and after few years we might not see new investors taking interest into the crypto as the prices would be intolerable to invest. Thats what I think about it.
sr. member
Activity: 406
Merit: 255
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
This depends on the purposes for which the user holds the coins. All traders consider volatility to be a positive quality of bitcoin. Users who use the strategy of bitcoin Deposit retention rejoice at the constant rise in prices. To each his own. But the attraction of bitcoin is that everyone can benefit from the use of bitcoins.
member
Activity: 633
Merit: 14
Yes, I myself prefer a stable price at a drastically inflated price. On the other hand a rapidly rising and falling price can provide great advantages and disadvantages, but do not worry bitcoin is designed to fluctuate from time to time. Prepare your mental for all that.
member
Activity: 294
Merit: 12
I would prefer steady growth because it means bitcoin is stable and I know most of us want to see that happen. And if that happen many investors would invest long term and we will not be afraid that we might loss overnight but rather gain more profit. And also steady growth of btc might be the way for businesses to accept it as mode of payment for every transaction.
member
Activity: 490
Merit: 12
I also prefer steady growth to strong upward movement of the price this will give room for proper and thorough price analysis as a technical trader, it will be very difficult to analysis the price with a strong volatility and this will amount to losses in my trades.
legendary
Activity: 1876
Merit: 3139
In my opinion, steady growth would be much better. Strong spikes showed us that Bitcoin is not prepared for huge amount of transaction. As far as I remember, it all started somewhere around SegWit activation in August 2017. Bitcoin price stabilized recently and even fees went down to 1 sat/b, they weren't that cheap for years. What will happen after next price spike? Both Bitcoin Core 0.16.0 and Electrum have SegWit support which might help a little. We still have to wait for Lightning Network developers to make it more stable. Also, it seems that huge spikes attract more investors, quite dangerous when you think more about it.
newbie
Activity: 41
Merit: 0
I prefer steady growth because with that I feel more secured in the market. I think a steady growth is backed up with a strong market than a price that is very volatile and has ghe tendency to fall that no one knows when and no one is prepared for.
member
Activity: 115
Merit: 11
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

Personally, I prefer a steady growth because it means that bitcoin is getting stable. I can be more confident that I will not lose all my money overnight. I can depend more on bitcoin. Although having strong spikes could be exciting at times, maybe it's just that I am not a risk taker most of the time.
jr. member
Activity: 84
Merit: 4
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

Most of the people are scared with bitcoins because of volatile prices. But we forget that this volatility can also be towards the positive side. In fact, if we analyze the past trends we will see mainly upward movement. Because of this volatility only, we had been able to see prices jump from $8000-$18000 in two months.

However, if you will ask my opinion, I would like to see it growing steadily. This is required if we want it ti survive forever. Otherwise people will only see it as money making instrument without any real life value.
full member
Activity: 448
Merit: 100
Arabic Translator
strong upward spikes indicate that btc is a bubble to lure people into investing then a huge selling , but for a healthy chart you should see steady increase in price .
Ctn
sr. member
Activity: 644
Merit: 259
I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.

So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?

Steady growth would be great but the way it is working right now seems to me very reasonable and I think steady growth would take all the fun out of it. So there is one strong reason for bitcoin to stay volatile and that is profit taking, lots of them when the bitcoin is fluctuating lot. If goes really steady then we may not be able to do the swing trades over BTC holdings. What we will have to do is wait for very long time to get our share of profits. That could take ages and thats why I like the volatility of bitcoin which at least gives us freedom to grab in between profits.
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