What if Bitcoin just hold steady for months and months

[BingoDog]

We have witnessed such situation before, when the prce was more or less stable for longer period. If you rememember that was before bitcoin prise started to climbe over 2000$. Nothing dramatic will happen, just that traders like volatility more because that is something that gives them profit.

[Uno17]

It’s been happening lately, it’s just moving very slowly it goes up a little bit and and goes down too, but still we keep holding so there is no reason not to prolong holding more since the interest here is we want a longterm holding and look after for a bigger profit, only patience is all we need inorder not the get bored on this very slow market fluctuation, but this is normally part of the movement, the steady, high and low moments are expected to hit at anytime, so for me i will keep holding no matter where the fluctuation brings to😃

[pinggoki]

The reason why merchants and quit accepting  bitcoins as payment, is because of the high volatility. And the customers have the same thoughts about the volatility, besides the high fees and lengthy waiting times. So, with the narrowing prices, bitcoin can be used more and more what it was meant for: a decentralized currency.

Indeed, voltality is the reason why they are quit to accept bitcoin and that also thr reason why most of the investor preferred to go this coin. Though bitcoin was almost freeze at $10,000 to $14,000 still it is better to gain profit here because bitcoin investment is more likely effective at long term investment. These stability is just temporarily that is why all we need to do is to hold and be patience..

[fabiorem]

Well, if 10% of bitcoin holders control 90% of the supply, we can guess a sideways move for two years would distribute bitcoin more evenly. Any whale selling now would not be able to buyback, as the price wont go down any more.

We just need to spread the HODL cult for the newcomers. The more people holding bitcoin, the more it will succeed.

[1Referee]

If so, then people should see it as the best possible opportunity available to accumulate as many coin as possible. Your only more worthless becoming fiat currencies will for once be able to consistently buy Bitcoin at practically the same price levels. Seriously, people should stop looking at stagnant periods as being something rather negative. For quite a long period of time last year, your $1000 would only buy you less coins due to how the price has been going up, and now there is a moment where you can enjoy buying pretty steadily within current range. Instead of ending up with less coins for the same amount of fiat, you can now almost buy the same amount of coins for the same amount of fiat - pretty good deal if I may say so.

[jlaw007]

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. 

BTC is really like forex and stocks mixed up, but more stable and risky if you didn't study. Just like many big corps, its stock prices fluctuates but would just go up eventually over a long time with few exceptions. Something called demand.

[Coffee135]

The reason why merchants and quit accepting  bitcoins as payment, is because of the high volatility. And the customers have the same thoughts about the volatility, besides the high fees and lengthy waiting times. So, with the narrowing prices, bitcoin can be used more and more what it was meant for: a decentralized currency.

Indeed, voltality is the reason why they are quit to accept bitcoin and that also thr reason why most of the investor preferred to go this coin. Though bitcoin was almost freeze at $10,000 to $14,000 still it is better to gain profit here because bitcoin investment is more likely effective at long term investment. These stability is just temporarily that is why all we need to do is to hold and be patience..

It seems to me that volatility is not the main cause. The sellers don't accept bitcoin because it is inconvenient. Have to wait long for approval of the transaction. High transaction cost is also not stimulates trade. Buyers are also not in a hurry to part with their coins. Now we keep the coins because the price is low. After the price increase we will keep coins expecting that they will grow more.

[Risk taker]

i say bitcoin will increase the price,the more steady much bigger prices

yes you are right bro the bitcoin price will be increase very soon so we need to hold our bitcoin for just two or one month then i hope after its price will touch to 20,000$ again. Now all peoples need to be patients with their bitcoin.

[Idrisu]

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. 

stability is what bitcoin need in other to be adopted by the socialty. Many online retailers and wholesale shop may like to use bitcoin if the price is stable. We are having instability today because of the way people see bitcoin through the publication by the media house. If you turn your station to cnn you will see how there are published bad news about bitcoin and this creates the sell up we are having now.

[LFC_Bitcoin]

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 don’t see sideways price action as a bad thing, if anything it gives potential investors confidence that they’re not going to lose a shit tonne of money. Anybody with half a brain knows that investing in bitcoin will pay off massively in the long term, a bit of patience might be required though.

[el kaka22]

I don’t see sideways price action as a bad thing, if anything it gives potential investors confidence that they’re not going to lose a shit tonne of money. Anybody with half a brain knows that investing in bitcoin will pay off massively in the long term, a bit of patience might be required though.

Sideways markets are always good for another rapid rally. Because sustaining prices will always get into another rally. Usually prices are stable before making another big wave. If bitcoin prices will be steady for months then I guess it will attract more investors. But theoretically there will be less possibility for bitcoin prices to get struck within a range for months.

Anybody with half a brain knows that investing in bitcoin will pay off massively in the long term, a bit of patience might be required though.

Yes, this could be a reason how stable prices will be attracting more investors rather than the a fluctuating one. When people finding bitcoin is more stable and by analyzing the potential of bitcoin they will get into boat as early as possible.

[Omega Weapon]

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. 

This is just a small moment of calm, even if this lasts for month or years you need to take advantage of the opportunity, we all know that bitcoin is not going to remain at that price forever and most likely it will go up once again, so if this lasts then save all the money you can and invest in bitcoin, I have been waiting for something like this for months and now that is finally here it is a good idea to take advantage of it.

[SHAWN-MIDWAYS]

A stable currency is a healthy currency and i think day traders will be forced to find a volatile crypto to make some money from it...

What if Bitcoin just hold steady for months and months

bitcoin is not a centralized currency i think it cant hold steady for months, just my opinion could be wrong

[Noctis Connor]

Dont be on hurry and dont speculate anything. You are not the only who is experiencing that kind of scenario. Everyone and everything here is on focus and putting effort to get the boom of the price. Just wait for the perfect time and be responsible for every oppurtunity that you will make and take.

[jinksters09]

It's okay. There are really times that the value is stable in how many months but don't loose hope in the future. The best thing is to invest in this moment and take this as an opportunity so that when the value increase surely you will be instant rich. In my opinion the value for now is not a lifetime. Also take this as a good sides because lately there are bad comments reagarding bitcoins. In this case we can assure them that investing in bitcoins is not dangarous instead it was profitable.

[elizavetausova0112]

Hello. Well he too does not stick to constantly! And it will not be. He will fall and raise ! All on I think slightly

[ice_man75]

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. 

Please leave. You don't belong here. If you think Bitcoin is just a form of investment and see it as if something you can make a profit from than you don't belong in this community. Bitcoin is our revolution to take back control from the corrupted ones.