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Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead? - page 6. (Read 2433 times)

full member
Activity: 420
Merit: 100
I love steady growth. It’s more predictable and comfort condition for working with crypto than those upward spikes. Of course they can give you an opportunity to make lots of money if you play fast but it’s not the case I prefer.
jr. member
Activity: 68
Merit: 2
Steady growth of course. That's better for Bitcoin. It actually minimizes potential loss for people. No buy high, then the next week it drops by 30% due to a correction.
legendary
Activity: 2044
Merit: 1115
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Investors like the slow and steady growth in bitcoin while traders like the strong upward spike growth.
I honestly like the strong upward spike growth, it paves the way for new traders willing to have another source of income and they only have to be patient and gain knowledge to not sell their coins too easily and through panic on wrong speculations. It is given that the value of bitcoin will soar in the future so I do not really mind the volatility. Not all have the time and patience making long-term investments.

Both are the same honestly, strong upward spikes just have the thrills and more profit if done correctly.


Price appreciation isn't income. The only way you can realize a gain in Bitcoin is to sell the underlying asset for more than what you bought it for. That's not income, it's capital gains. Bitcoin doesn't have the potential to produce income either because it's an unproductive asset. It sits there and either goes up in value or down in value based on what other people are willing to pay for it. Businesses that create value and pay dividends are an income source. Real estate is an income source. The difference between these and Bitcoin are that they are productive assets and pay income without having to dispose of the underlying asset.
newbie
Activity: 2
Merit: 0
I will choose steady growth as it is safe for all investors. Spikes are due to manipulations and average investor loose in this situation.
full member
Activity: 1274
Merit: 115
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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?


Since I have invested much of my time and effort here in cryptocurrency, I would love to have it on it's striking high value so through that, I would be able  to gain better. I know that it might take time to wait for the best value but I believe that if we really want to maximize our gain, we should know  when to sell. Patience is a virtue here so we should have more patience.
legendary
Activity: 1176
Merit: 1024
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 .

Market is Volatile, anything can happened in the market at any given time, the price value of Bitcoin can goes up and down, no one can predict on the movement on the trading market, Yet, Bitcoin remain on the top among ALT coin, this indicate that what ever price movement on the market is just a normal thing not only on Bitcoin, but instead it goes with other crypto in the market or in the Stock market. Bitcoin price stabilized after the market glitz or some say a Bubble. Market correct itself on the market treed.
Well, it seems you did not even understand the question here before commenting. We all know the price is volatile and since it is a decentralized market, there is simply nothing we can do about it. However, it should be understood that huge spikes is never good for anyone as it brings a lot of emotion into the market and before you know it, it may actually get tagged as more of a P&D market.

We need real growth, we need development and in a very swift and good way, and all these huge spikes are distractions which makes steady growth to be far better. I guess no sensible bitcoiner will be preferring spikes and OP is just mentioning it here for debate purposes alone.
sr. member
Activity: 779
Merit: 250
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?

The volatility is normal in the market because that is the reason why cryptocurrency is very profitable today, if bitcoins will have a stable price then there is no way for cryptocurrency to become very profitable and good for long term investment.
full member
Activity: 566
Merit: 102
I would rather choose the steady growth than an upward spike because most likely the upward spikes trend would somewhat amount to a downward spiral too. At least the steady growth can be foreseen slowly if the trend is downward or going down.
As fast bitcoin go upward, they come down with same speed. Like in December of last year, you all have witnessed it that prices were just jumping to such high value in such short time period and after those few weeks they came down with much same speed. So be prepared for it. Don’t just become so happy that you could lose your mind and never thought of bad scenes coming up.
legendary
Activity: 3654
Merit: 1165
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I would prefer to see a steady growth in btc unlike its volatility so it can be widely used as payment and it would be effortlessly gain. Btc being volatile is a risk and challenge for the users, however, I think the good thing about its strong upward spikes is that it can increase its value more than of what we expected. The btc value can exceed our price expectation.
Yeah, as much as we all love those quick spikes for quick gain, they are never going to be sustainable and this is the reason why it is always so easy to see a quick dump coming with a quick spike at the end of the day and this sends the wrong message most of the time as more of a pump and dump market kind of.

For a steady growth, this would really make a lot of sense, it would give room for real growth, we will get people and investors all over the world, seeing a pretty good movement and sustainable one upward, and that is all that matters, not some craziness in the space.
jr. member
Activity: 173
Merit: 1
I think I will go in for a steady growth of price over  a period time. With that, there will be less panic in the system, governments won't think of making things inconvenient for us and many people would join. But anyways the sharp dips and spikes are also good for day traders.
member
Activity: 336
Merit: 12
I will prefer a steady growth compared with the high spike up or even downwards. Hope you are aware that the recent stable price movements of the Bitcoin has helped win some big investors into the Cryptocurrency markets. So, we don't need the high and sharp movements to scare them off.
full member
Activity: 263
Merit: 100
I would preffer second option, because in that case, we can trade more effectively, and have more income profit from trading. During slight growth think would go not so good.
full member
Activity: 315
Merit: 100
Investing in the future development of blockchain
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 I would rather see the steady growth happening on Bitcoin even a small percentage of gain over time rather than putting up a strong spike but have a higher possibility to put down the price which can somehow put up my assets to suddenly suffer the downfall. It is still best to move into a slowly but surely manner rather than spiking up at a higher value but taking too much risk when price will goes up or down effectively which is a lot more risky and have lots of worries.
sr. member
Activity: 798
Merit: 253
I would rather choose the steady growth than an upward spike because most likely the upward spikes trend would somewhat amount to a downward spiral too. At least the steady growth can be foreseen slowly if the trend is downward or going down.
it is true that in the upward development it must go through a good process, so that everything is created well too, instead of the price suddenly rising and straight back down very slowly. it is very panic for many people.
I think you mean to say that stability is better than the spiking in the values of Bitcoin. I agree with you on this issue because if you keep the rules of monetary economics in the mind, as an investor, you will only invest in an asset with good price stability and not the one with abrupt fluctuations in the market values. The abrupt ups and downs often makes people think of selling when the market is down.
newbie
Activity: 134
Merit: 0
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?
Everyone wants steady growth of bitcoins price but we already aware of its price votality that can make its value to rise and fall.No matter what would be the markets movement its either its bearish market or growing we are all just here to support bitcoin because we will earn huge profit in it.
full member
Activity: 1258
Merit: 104
I would rather choose the steady growth than an upward spike because most likely the upward spikes trend would somewhat amount to a downward spiral too. At least the steady growth can be foreseen slowly if the trend is downward or going down.
it is true that in the upward development it must go through a good process, so that everything is created well too, instead of the price suddenly rising and straight back down very slowly. it is very panic for many people.
hero member
Activity: 1022
Merit: 538
I would prefer to see a steady growth of the Crypto currency than it is now. If bitcoin last December did not grow so rapidly in its price to almost $ 20,000, then there would not be such a low and long total fall of the crypto-currency market. Bitcoin in the last six months of slow growth would have already reached a much higher price than it has now.
It is actually surprising that while reading through the thread, a whole lot of people prefer steady growth to huge spikes. Who wouldn't actually after seeing all the events and occurrences of previous years with huge spikes ?

Huge spikes are never good for any market as it creates an after effect that is obviously not good for anyone and even in a way affects growth as the real value will not be seen, but instead all we will keep getting would be an unsustainable speculative asset. Steady growth is a whole lot better as it gives room for development compared to sudden rise and then fall down. When most people will understand this then we can expect gradual price appreciations to happen all the times.
sr. member
Activity: 420
Merit: 250
I would rather choose the steady growth than an upward spike because most likely the upward spikes trend would somewhat amount to a downward spiral too. At least the steady growth can be foreseen slowly if the trend is downward or going down.
member
Activity: 181
Merit: 12
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?

Of course, it seems much more positive for the global environment of bitcoin a steady growth, because the high volatility that has characterized it so far has been one of the main arguments against its massive adoption. No person with enough common sense would be willing to sell something of great value as a car or a house for bitcoins, knowing that in the following days his fortune could disappear by 50% or more.
Almost all of bitcoin users prefer steady growth to strong spikes upwards or another. Because we all know that when the market is stable, people may get a stable income as well, that’s what most people hope for. However, When the market has steady growth, lots of disadvantages can rise. Buying coins will much more difficult than before.  Although the extremely volatility of bitcoin often make people be in fear of selling because the fluctuations’ down. But with volatility, bitcoin provides people a good chance to buy it easily.
member
Activity: 350
Merit: 10
I would like to see the price jumps for me it will be more convenient and I would follow the prices constantly so as not to miss anything
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