What if Bitcoin just hold steady for months and months

[paul00]

I think slow movement on the value of bitcoin is part of its nature. It is not all the time that users will experience an extreme movement out of it since there are factors which may be affecting this. I think that if the value of bitcoin is at its current state for a long time, users must think of other ways to earn despite its slow movement and not just focus on trading of coins.

[bitctrimor1]

well bitcoin before have been steady and slowly rising for years but many still buy and hold. speaking of profit those people that been buying and holding since 2009 have become rich. because of this pumping high and pumping low some people minds are affected by it and they only think of profit. what to do is buy and hold and leave it for months or years.

That's right. I think that it's always part of the expectations once you venture in the cryptocurrency market. Bitcoin, upon checking its past trends, have always had that trend where it becomes stable and stagnant for months at a time. Its value may vary but only in small differences from its prevailing price point margin. Like for now, it has already stabilized between 10-11k dollars after losing about 36-40% value in the last month. I think bitcoin's price point would stay in that range until such time it catches fire again and gain value. I guess to answer your question, being patient is a key virtue in every venture you do in this market. If you don't know how to wait, it can lead to detrimental results.

[hitrawal91]

Bitcoin isn't moving very much just now.  Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

I think your approach towards the market is not the right one mate, let me clear you few things clear first. Bitcoin has previously moved more than we expected which was it's trending period where of course the volatility will be high, and now the bitcoin is under consolidation phase or sideways trend going on where the bitcoin isn't moving much and here the volatility is very low comparing to trending phase and this how the market used to behave as they have different trends in their market cycle just like we use to see different weather seasons in different time periods and places but that does not mean its boring for people. In fact, you can use this opportunity to invest small amount here and scale up when the bitcoin start moving up or else you can also opt bitcoin and focus on other altcoins if you are really worried about profit.

[Bryan_12]

It may be that some people lose interest, since other cryptocurrencies that are within their "competition" if they are again taking a rise in their value, increasing it as much as they can, so I think that not only should invest in btc, always be you can have a second option like ripple

[Dudeperfect]

I understood your concern, However, I think that this is something called a rest period. We have experienced the rally in the last year and then price fall (I appreciate the fall as I believe that it will help Bitcoin to stabilize the levels and grow in the long run). I am expecting a sustainable growth in the rest year and it will start after the first quarter of this year in my opinion.

[Flexystar]

well bitcoin before have been steady and slowly rising for years but many still buy and hold. speaking of profit those people that been buying and holding since 2009 have become rich. because of this pumping high and pumping low some people minds are affected by it and they only think of profit. what to do is buy and hold and leave it for months or years.

Holding bitcoin is definately good for future. But holding only for few months will not work i guess. Because those people who had already hold their bitcoin from 2-3 year back only getting good money. Now a days bitcoin price is not rising much since starting of January 2018. Bitcoin is volatile and it cant be steady for longer. So keep your hopes because definately it will rise soon. But we cant predict exactly in how many months it will take, Just wait, hold and watch...

[BitcoinPanther]

Bitcoin isn't moving very much just now.  Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

The best thing to do during this time is to hold you bitcoin, since it not profitable to trade it since fluctuation isn't that high to get a good profit.  Though I believe this is the better time to invest on a more volatile market such as altcoins and convert back when Bitcoin shows a sign of being bullish.  Just make sure that you are already in a profit when you convert your altcoin to bitcoin else, you will be at a lost if you decided to convert it back to bitcoin at a lower price.  

[fulmetal08larz]

Bitcoin is showing signs of reversal but the momentum might not be the same with trading that happened last Q4 of 2017. It could be rising gradually and we may be able to see another new all time high within the year 2018. What's best to do is cost averaging method and have a target goal for long term investment in BTC.

[1kings]

That stability is good. There's been too much frenzy lately. Especially Q4 2017.  slow and steady growth with occasional losses is reasonable and sustainable. The steeper it rises, the harder it's fall. Like we have now.

So far you didn't buy only at the December 2017 ATH. You have no reason to worry. If that was your only entry, then buy more. Yes, buy more and average your expenses on it. Then hold.

You'd be glad.

[bering]

some people want stable price but volatille in bitcoin is not really bad and most of us expect can utilize those volatillity because we can buy at low price and sold at high price but if bitcoin price stable from months to months then probably people will hold their bitcoin for long term purposse until see the price will jumping again too or possibly too people will went to altcoin trading

[Haynes]

Bitcoin isn't moving very much just now.  Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

yes, pump and dump is not so significant right now. but the current circumstances provide an opportunity for people who can be patient for several months ahead. precisely if they really want to buy it now and sell it about 6 months ahead I think the price will change and we can get half a percent of all profits. I am predicted from the state of bitcoin price in the previous year.

[aizen10]

bitcoin is not just to gain/earn profits in a very short period of time, we just all be more greedy to earn bitcoin in a very short period of time because of the huge pump of bitcoin last year, but before, year 2015-2016 we are all contented on how bitcoin really works in pump and dump moment by moment and we all dont care when this bitcoin pump more because we are all expected/predicted that bitcoin will pump/grow in the year 2020 but it all happened early as expected at last quarter of the year 2017, and now we are all have a greed mind to earn more profits in just very short period like we all experienced recently.

[ObroQ]

Bitcoin isn't moving very much just now.  Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

In my opinion, any profit is a good profit. Big spikes of price would only help those who already have bitcoins and intend to sell them for a good profit. The ones that are buying now must understand that money wo't come overnight because of a price growth (altough it can happen)

[mOgliE]

Hi,

Your post... Just shows that you don't really understand bitcoin.

Because, indeed, stability is bad for short-term profits. So it is a bad news if you are only using bitcoin as a trading opportunity.

Yet, the aim of bitcoin is to create a currency that can be used be anyone, without the control (and thus potential manipulation) of any financial authority. Banks are working like this, the goal here is to get rid of these. And actually, if you consider bitcoin this way, then stability is a good news. Most people say that bitcoin cannot be a real currency because of its volatility. If prices get stable, then this argument is out!

So, sorry but I completely disagree with you. Stability is GREAT!

[chidrawarster]

It all depends till what time u wanna hold the positions and reap the profits in the short term or the long term. Everybody have got their level of holding the positions keeping in view of their capital invested . Some may also take profits in the short term and some may take in the long term, thats the only difference.Still there will be volume in the market in both the directions, financial instruments also fluctuate on the news or some kind of trend in the market to reverse or yet to establish.

[bitcoinvamp]

Bitcoin isn't moving very much just now.  Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

I think this little up and down has been only for few days but if you remember the last few months then you should know that how it rises to 20000$ and now suddenly dropped to 10000$ . All this happened in only 3 to 4 months which is quite a lot to take in. So, there is no point of people getting bore as 10 days of constant price doesn't mean that it would not rise again and people are gonna get bored because of this. The price will hike soon and people are gonna make profit out of it.

[nightxglow]

You can't expect bitcoin price to change drastically just in a moment. It needs a time, and it wont be short.
I know before bitcoin price increase quickly, but if it continues like that, it might be a little scary and may be the end of bitcoin because it's going higher and higher, without any limit and go uncontrol.
I believe that the price will increase, slow but sure.
No need to rush, you just need to take advantage of this moment and invest as much as you can, don't wait until it's too high and you barely afford it anymore.

[zitbau]

If the bitcoin value only holds at a certain price. I think many investors will not choose bitcoin anymore. They will go to another currency. Because bitcoin is very stable and nobody wants to invest in a stable currency because we make a profit by tapping into volatility.

[Sunnyyy]

I do not think the value of bitcoin will hold a value for months. because bitcoin is really unstable. Value increases or decreases unequally as it is affected by different aspects so it can not hold value for a long time.

[Slow death]

Bitcoin isn't moving very much just now.

The price has fallen a lot and in January it tends not to go up much, I think this is due to the fact that people use fiat money to pay taxes, there is the Chinese new year and the issue of the regulation that it has in South Korea and in many countries. you will not see many people investing in bitcoin until the situation calms down, see this:

Nasdaq Undecided About Launching Own Bitcoin Futures, ‘Still Evaluating’ Feasibility

They are probably undecided because of regulatory issues.

Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

you are evaluating the price daily, evaluate the price monthly or for months and see that even if you evaluate the daily price you will notice that you always have a profit of more than $500. if you want to do day trade, then invest a lot of money so that you will get a lot of profit