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Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead? - page 8. (Read 2411 times)

full member
Activity: 560
Merit: 100
I prefer steady growth than a strong upward spike in terms of bitcoin price. As we all know, bitcoin is known for strong upward spike on price and that is why it became famous. A lot of people doesn't realize that the spike also has its disadvantage and that is a sudden drop or a fall. If take a look closely, bitcoin will only have 2 months of spike then it will go downwards for the rest of the year. Same thing happens this year.
at least for investors and traders, each of Bitcoin's capabilities is very important. In any case, any fluctuation in the price of Bitcoin is very profitable for the trader, and the investor hopes for an active and stable increase in the price of Bitcoin.
full member
Activity: 504
Merit: 106
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I prefer steady growth than a strong upward spike in terms of bitcoin price. As we all know, bitcoin is known for strong upward spike on price and that is why it became famous. A lot of people doesn't realize that the spike also has its disadvantage and that is a sudden drop or a fall. If take a look closely, bitcoin will only have 2 months of spike then it will go downwards for the rest of the year. Same thing happens this year.
sr. member
Activity: 672
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?
If you already holding bitcoin as an investment, of course you are looking for an upward spike in price, but there are other things to consider, like what would be the effect of the continuous price hike on bitcoin and to the entire economy in long term. Is it going to be healthy for the entire cryptomarket? How can new investor afford to buy bitcoin if the price does not go down even periodically? Inflation rate, market cap, acceptance, and other  economic related matter are subject for studies for bitcoin's value regulation.
hero member
Activity: 3052
Merit: 606
As an investor who wants a long term one, I would go for the steady growth of Bitcoin, it will give good returns to me in time. Steady growth would give people the interest in doing long term investments. If you go for the strong upward spikes and volatility, then it would be good for traders, they just have to be very wise and smart with their timing of actions and they will be able to get good profit gains.
I also prefer seeing this steady growth of bitcoin than just seeing it in a fast upward spikes and expect a price correction after and may go down in such a low price.Long-term holders will have less worries on the price knowing the price is really in an upward trend and may reach the target goal in the coming years.
member
Activity: 238
Merit: 10
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Steady growth is ok for me because im just holding my coins, and i want to see and to know that it is growing and the price is increases even if it is slowly. Volatility is not for long term, because some of the investors if they see the price is falling they are selling their coin even if they will lose some.
jr. member
Activity: 224
Merit: 2
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As an investor who wants a long term one, I would go for the steady growth of Bitcoin, it will give good returns to me in time. Steady growth would give people the interest in doing long term investments. If you go for the strong upward spikes and volatility, then it would be good for traders, they just have to be very wise and smart with their timing of actions and they will be able to get good profit gains.
full member
Activity: 495
Merit: 100
You have to get what you want your own way.
For me I'd rather see Bitcoin stay the way it is now, I mean we can always make use of how the Bitcoin works, the volatile nature of cryptos is what makes it great after all. If you make it the other way around then its gonna be tough to gain profit from it, though if you're a long term holder then its another story.
member
Activity: 294
Merit: 12
I prefer steady growth cause atleast we can see bitcoin, growing up little by little and we won't be nervous for a sudden drop of price. However let's just accept the fact that bitcoin is volatile, and let's be prepared no matter might happen weather up or down.
full member
Activity: 434
Merit: 101
Who wouldn't want spikes as it could give immediate profits. But it could also mean it could have a big plunge.
Steady incline is like time deposit for banks, unless you didn't deposited a big amount, you won't earn a big amount.
I'd still like to invest with its spikes even if you have to wait longer and you are investing with the uncertainty of bitcoin that the price might not be stable. With this risk you will get higher profits and higher range of income you potentially can get by investing into bitcoin. The behavior of it's price sometimes is just amazing because it can go deep or it can go in a big bulk of price which will make you rich or advantageously benefited in terms of financial matters.
legendary
Activity: 966
Merit: 1004
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I think if there is a steady growth it won’t really make sense, and no market has a steady growth, it’s always about fluctuating. If Bitcoin has a steady growth, lots of people will be missing out on the opportunity, unless I will just make an investment and just leave it in there and continue to hold with hope that the price will go up to an amount I can withdraw and quit once and for all. But when it keeps on having strong upward spikes (fluctuating up and down) it will. Be creating a bigger opportunity and draw the interests of investors who understands.
i'll answer the OP post with that i rather want to see a steady slow growth than upward spikes that may result a big downtrend after that spikes.

For you're it takes to the reality that there are no stable growth and only a strong upward spikes. This two is a combination and there is more the dumping and stable dumping. All it was called fluctuations. I will not make this long my opinion whatever the market goes adjust yourselves and grab the opportunity that you will going to see.
hero member
Activity: 1526
Merit: 596
It's not something that we can simply prefer, and say that this is what's going to happen.

I think that 90% of people here would rather see bitcoin be in a steady, long term growth curve. However, this isn't always the case. It's in the nature of any asset traded on the free market to have bull and bear seasons, where prices spike and cools down later. That's just how the investment cycle works, the pendulum swings from bull to bear and back again periodically.

Steady, consistent growth is what is always desired imo by every bitcoin investor, but right now, we're seeing a lot more volatility in the market. Which isn't really a bad thing, if you are able to take advantage of it by buying low and selling high, tbh.
full member
Activity: 462
Merit: 100
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A strong spike means that there's also a sheer drop in price afterwards. I mean it's great if you happen to sell your holdings at it's peak and buy more during the drop. But personally i want to see a strong and stable coin evsn if it rises very slowly so long as it's stable. That kind of coins will see adoption by businesses.
hero member
Activity: 2562
Merit: 586
I think if there is a steady growth it won’t really make sense, and no market has a steady growth, it’s always about fluctuating. If Bitcoin has a steady growth, lots of people will be missing out on the opportunity, unless I will just make an investment and just leave it in there and continue to hold with hope that the price will go up to an amount I can withdraw and quit once and for all. But when it keeps on having strong upward spikes (fluctuating up and down) it will. Be creating a bigger opportunity and draw the interests of investors who understands.
legendary
Activity: 2044
Merit: 1115
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bitcoin if it had a stable growth could easily grow 20% to 30% which is a lot of growth in a single year.

In a market as volatile as the one from Bitcoin, the entry points are very important. Bitcoin can grow even with 500% in a single year, but if you enter the market at the wrong time, you won't benefit from that growth at all. Most people are short term minded, so the timing for them is the most important aspect of investing in Bitcoin or basically any other crypto currency. Only when you are in for the long term you can rule out a large part of that risk exposure, but not many people have that patience. On top of that, capital shifts from coin to coin based on where the action is taking place -- it is and will remain one crazy circus that can't be stopped until institutions start taking over.

I would expect we're about at the point where Bitcoin won't be growing 500% in a single year anymore. The valuation is already huge, and in order to accommodate such growth at this level would require so much additional money flowing into Bitcoin that it seems impossible. It's hard to imagine Bitcoin growing 500% over any period of time from an $8,000 price point, let alone in a year. People think the more time that goes by, the more people will pile into Bitcoin, but it could also be that the more time that goes on, the more people get accustomed to the idea that Bitcoin makes people rich by taking money from the people who buy later and giving it to the people who already have Bitcoin. That is, the only way to make money from it is to sell it to someone else for more than what you bought it from someone for. Because that is economically unsustainable, the smarter people are going to realize that it's far too risky to buy and risk running out of people to sell to in the future. The more time that goes by, the fewer people to sell to there will be.
legendary
Activity: 1232
Merit: 1091
bitcoin if it had a stable growth could easily grow 20% to 30% which is a lot of growth in a single year.

In a market as volatile as the one from Bitcoin, the entry points are very important. Bitcoin can grow even with 500% in a single year, but if you enter the market at the wrong time, you won't benefit from that growth at all. Most people are short term minded, so the timing for them is the most important aspect of investing in Bitcoin or basically any other crypto currency. Only when you are in for the long term you can rule out a large part of that risk exposure, but not many people have that patience. On top of that, capital shifts from coin to coin based on where the action is taking place -- it is and will remain one crazy circus that can't be stopped until institutions start taking over.
hero member
Activity: 1092
Merit: 501
Who wouldn't want spikes as it could give immediate profits. But it could also mean it could have a big plunge.
Steady incline is like time deposit for banks, unless you didn't deposited a big amount, you won't earn a big amount.
But the difference is that a steady growth in bitcoin is not going to be as low as the interest rates that you are getting from a bank, I don't know how big are the interest rates in your country but in my country are close to 1%, while the growth of the stock market is close to 8% per year, bitcoin if it had a stable growth could easily grow 20% to 30% which is a lot of growth in a single year.
full member
Activity: 476
Merit: 100
in my opinion, i would rather see a slow and sustained increase in the price of crypto currencies rather than see spikes. spikes means that it is still volatile and means that investors would be hesitant to adapt crypto currencies in their businesses. but the greedy SOB part of me wants to see spikes, then i would sell out my holdings and buy more when it crashes (and it will). but then again, i would much rather see a stable and strong crypto currency than being rich for the moment and see it crash before my eyes.
newbie
Activity: 62
Merit: 0
The upward strikes has already taken place by the February's end! Even another cycle of dip is on the way
member
Activity: 490
Merit: 28
Who wouldn't want spikes as it could give immediate profits. But it could also mean it could have a big plunge.
Steady incline is like time deposit for banks, unless you didn't deposited a big amount, you won't earn a big amount.
I would prefer a steady growth because that's a healthy scenario in bitcoin price progress rather than a sporadic spikes because it would create  uncertainty to the investors and trader's.
jr. member
Activity: 210
Merit: 1
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Who wouldn't want spikes as it could give immediate profits. But it could also mean it could have a big plunge.
Steady incline is like time deposit for banks, unless you didn't deposited a big amount, you won't earn a big amount.
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