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Topic: Would you rather see steady growth in Bitcoin or strong upward spikes instead? - page 9. (Read 2433 times)

hero member
Activity: 1092
Merit: 501
Steady growth i think is better because it may attract more investors because they believe that they gain more with this no worry of falling down the price again so its pretty sure that even though it is slowly going up but with the confidence that its price will go high but slowly.
I also think that a more steady growth will attract more investors, right now the people that are investing in cryptocurrencies are not really long term investors, the type of investor that is putting his money in cryptocurrencies is the one that was take huge risks and that is not afraid of the huge volatility in the market, and while that kind of investors can bring a lot of money to the market, the ones that have the most money are the ones that invest in financial products that gives small but very steady returns.
hero member
Activity: 1890
Merit: 831
I won't call it a growth , rather we are at a decline please right now and the growth with Bitcoins Haven't been steady since I started using this but the fact is..no matter what as long as it doesn't go down and stays down for long both steady and fast growth are good for everyone.. ( joking that's impossible )

Well you know if Bitcoins in the future would have been Integrated with the economy of the present day society then the volatility will die out and that will be the best course of action for it to be accepted for long term thus offcourse the steady growth.. small and directional would be preferred.
member
Activity: 182
Merit: 10
I think that comming of new interested people here in crypto will cause steady growth, and news like acceptance in some coutry can cause pikes.
full member
Activity: 938
Merit: 137
As a bitcoin holder, of course, I would prefer that bitcoin grows rapidly in value. However, I also understand that its rapid growth will lead to a deep correction and a drop in price. Also, its rapid growth will be regarded by some states as a manifestation of its bubble. This will complicate the legalization of bitcoin by states.
Therefore, slow growth of bitcoin is better for him and for crypto currency in general.
member
Activity: 248
Merit: 11
An ordinary investor may find that a volatility is wonderful. It is possible to receive a significant profit with minimal capital investments. However, in practice, such volatility only hinders the development of the industry. It discourages large institutional investors who are not willing to risk their clients' money on the market, where daily fluctuations can be 20 percent or more. Such price fluctuations do not allow the cryptocurrencies to gain full access to the real economy.
full member
Activity: 448
Merit: 122
Me particular I love the volatility in the Price of bitcoin since it making us to be expecting new changes at every point in time, but if any one ever tell you we are going to have stable price then that is a lie because once the demands changes the Price will also change.
jr. member
Activity: 297
Merit: 1
One should understand that volatility is the name of the game in the crypto industry. You can get profits from volatility in this industry if you know how to play it and make adjustments. Steady growth is actually the ideal thing to see however there are many factors that we need to know why cryptocurrency cannot achieve such state.
full member
Activity: 560
Merit: 100
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.
When their is a steady growth we can see the changes that bitcoin price will moves upwards. These sudden strong upward spikes may go down instant. So more likely most prefer the steady growth wherein their is more to hopes for bitcoin to be really profitable.
newbie
Activity: 154
Merit: 0
If my goal is a short-term investment only, then I will Choose the strong upside spike of Bitcoin. However, I want to see Bitcoin growing steady as the time goes by. I'm planning on Investing in Bitcoin for a long time and it will be best for me if I will see Bitcoin getting stronger and reliable every day. and I believe that it's not only who will benefit with this. but every single user of Bitcoin.
legendary
Activity: 2044
Merit: 1115
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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?

I'd rather see neither. I'd rather Bitcoin find a steady value and hold it. It would be far more useful as a currency and a store of value if it maintained a steady value day to day, week to week, and month to month. The rapid rise and fall attracts all the wrong people who are only here to speculate and try to get rich quick. The 'lambo chasers' aren't good for long term adoption or stability, and I'd rather do without them. If Bitcoin maintained a steady value, it would be more compelling for businesses and consumers, but as long as it wildly fluctuates in price, there is a 0% chance of it every being taken seriously as a currency.
full member
Activity: 490
Merit: 101
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.
legendary
Activity: 2170
Merit: 1427
I prefer stable growth rather than volatility and strong spikes. Because this affects people's interest in bitcoin, because what everyone thinks first is a loss, so if the price is stable, people feel safe enough to invest and can minimize losses.

How does it affects people's interest in Bitcoin? You're either a long term investor, and thus don't care about the volatility, or you're a trader loving the volatile market. Roll Eyes

If you're in for the long term, and the price happens to go down a bit after you having bought yourself some coins, then it's nothing more than a loss on paper (virtual loss). It becomes a loss when you start selling your coins below your initial buying price. This also means that if the price happens to go up after your purchase, you haven't made any profit. Is it that difficult to figure out for yourself?

If you can't handle the volatility even when you're long term minded, then you are better off not investing in anything related to crypto.
hero member
Activity: 1400
Merit: 505
Majority of the users want bitcoin to have a stable growth, you cannot expect a stable growth in a market which is new, since this is the early stages we will see these spikes in prices every now and then and as years goes by the volatility will decrease by the amount of users in the market, right now the volatility is much lower in the past few months than we had in the past because last year was a game changer as there were many new investors in the market.
newbie
Activity: 116
Merit: 0
I would prefer a steady growth in Bitcoin's price rather than strong upward spikes. I feel like if there is a sudden spike in the price, a sudden downward movement will follow. It is possible that we can see more stable price in the market if we would prefer a steady growth.
full member
Activity: 280
Merit: 100
I prefer stable growth rather than volatility and strong spikes. Because this affects people's interest in bitcoin, because what everyone thinks first is a loss, so if the price is stable, people feel safe enough to invest and can minimize losses.
sr. member
Activity: 700
Merit: 251
Well for me myself, i prefer a steady growth over time. Since i make bitcoin as a long term investment, so i don't really check the price frequently. And because bitcoin price can be up and down drastically in short amount of time, it kinda bother me since sometimes i lost the time when the price is high and i'm not there to sell it.
So i think, it it grow 5% over time like you said, it will be helpful for me because i don't need to check it everyday, and anxiously wait for the right time to sell, and afraid i will miss the right time and such.
member
Activity: 616
Merit: 30
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?
Ofcourse strong upward strikes because im aiming always for quick bucks,i buy bitcoin and wait even atleast 2-5% and sell,i dont wanna long hold because small amount is enough for me to feed my family and pay for bills

This how simple. I use market,no drama just plain money
member
Activity: 602
Merit: 10
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?

I prefer a steady growth gradually increase, because it can enable us to earn profits with certainty and the risk of loss is also lower.
newbie
Activity: 34
Merit: 0
My views are simple I look upto btcs to become a stable coin somedays and so I believe in its stabilization.
member
Activity: 420
Merit: 14
The stable and slow growth of bitcoin would have a very positive effect on the general development of the crypto currency and for its recognition by the states. Crypto currency would develop harmoniously. However, in practice, this is not possible. A stable and slow rise in price will again inevitably attract the interest of new investors and the ups and downs will begin again.
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