Why is a constant rise in the price of Bitcoin, important?

[charlotte04]

Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time>

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.   ..... You might end up with a bitcoin worth $100 in year 5. 

It is not a good way to wish for something to go up every time. We should try to accept for what ever Bitcoin may turn out to be in the future.

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[Diced90]

Hard to get what you saying but you are correct once in a while we need to take out some profits to avoid feeling the pinch of inflation  :- when we had the chance, you can never know if price will maintain a certain range or continue to rise...so prudence is key to having a good crypto investment.

[entrepmind23]

Hard to get what you saying but you are correct once in a while we need to take out some profits to avoid feeling the pinch of inflation  :- when we had the chance, you can never know if price will maintain a certain range or continue to rise...so prudence is key to having a good crypto investment.

Most people will say that they are investing in bitcoin or in other altcoins for the long term and I personally invested in it for the long term too but taking profits from time to time is the smart thing to do because we are not assured of the profits for the years to come. If we are already in profit then take some because you may end up not having profits later on. There is a possibility that bitcoin would be more valuable in the future given that people are so positive about it but as you say, we should exercise prudence and if possible, diversify our investments and not only invest in cryptocurrencies but in other investment vehicles too such as real estate.

The constant rise in price of Bitcoin is very important. This will help the Bitcoin with the main issue; Bitcoin can earn many investors from all over the world due to its stable rise in prices. This is what needed at the moment. Many people around the world are still afraid to invest in crypto because of its price. So if Bitcoin will show some constant rise in price it can boost the confidence of many people for investing in it.

You are right. We still need more demand for bitcoin to attract more people to use it. Price at the moment is not attractive and people are not exuberant to invest in it because price is not moving that much. Taking into account the decline from all-time high, people would be attracted to invest when it shows sign of being bullish again. But still, when you are in profit, you should consider taking some of it because there are unexpected happenings that may end up for you being at a loss than being in profit.

[ivrynx]

Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time>

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.   ..... You might end up with a bitcoin worth $100 in year 5. 

I understand what you are saying and I clearly see what you ate trying to make us understand, I am also doing this strategy, since we are investing in bitcoin, and it is considered a very volatile investment, if you look at at within 6 months, you'll say that you need to watch the market closely since it might go down anytime, but if you take a look at it for 5 years, and invest in it for long term, just like what had happened, if we look back 5 years ago, you'll still say that you gained profit, and for me, that is a great investment, since in the traditional stock market, only blue chips company could do the same, but the returns is not as high a bitcoin.

[mia khalifa]

I think the rise in bitcoin prices is very constant because bitcoin has a very limited supply and bitcoin also has a very high demand that makes bitcoin very fast to rise in price.

[miyaka26]

Correct to those who want to maximize their profits from peaks and crashes hoarding has its own consequences and ups so do the day trading and long-term holding, if you've taken the advantage from the ATH converting into fiat to be on the safe side last year then you probably going to make a buy from the lowest point of crash to stretch your own capital gaining a tremendous return of investments when the timing is right.

[Hirameki]

I would still choose stabilization over constant price. Though constant price may give you profit or loss while stabilization can give the world economy a revolutionary way of transaction that would boost various businesses and freelancers. I can say as years come bitcoin becomes more stable because of its large price. It may affect by whales and weak hands but it is a domino effect meaning no certain entity could dictate its price.

[richardsNY]

It is not a good way to wish for something to go up every time. We should try to accept for what ever Bitcoin may turn out to be in the future.

I agree. The focus should be on the technical side of Bitcoin instead of the market. If we look at how volatile the market is and has always been, and how many +50% corrections we have gone through, then it didn't even dent Bitcoin and its network. Last year was the perfect example of how the market just doesn't mirror its utility value and probably never will. This year's correction is the perfect example of how people's dropped confidence in Bitcoin doesn't mirror all the developments in the background, where on top of that, the difficulty has been going up continuously. In other words, don't trust the market, but just the technology.

[crazymelons12]

On a very technical context you are right with your point. Bitcoin must have to rise in value before alternative investments draw a line to push it off the balance. On a very simple analysis to make it more understandable, the rise in the value of bitcoin represents people joining it. Without its price moving up then it would mean that it did not create a good market for itself and the less people did use it and therefore would lose to other alt investments. This idea gives us a clear message that if bitcoin fails the altcoins will dominate and it will be even hard for bitcoin to move up. No users no price going up.

[jrrsparkles]

It is not a good way to wish for something to go up every time. We should try to accept for what ever Bitcoin may turn out to be in the future.

I agree. The focus should be on the technical side of Bitcoin instead of the market. If we look at how volatile the market is and has always been, and how many +50% corrections we have gone through, then it didn't even dent Bitcoin and its network. Last year was the perfect example of how the market just doesn't mirror its utility value and probably never will. This year's correction is the perfect example of how people's dropped confidence in Bitcoin doesn't mirror all the developments in the background, where on top of that, the difficulty has been going up continuously. In other words, don't trust the market, but just the technology.

Yes we need to accept the current market of the bitcoin and trust the decentralization one day the prices will recover so we have to hold our bitcoins until that,but most of the people get panic when there is a little correction in the prices and they will starts to speak that bubble is going to burst.This mentality need to be changed if the bitcoin need to stay long in the usage.

[tee-rex]

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

You cannot have a price decrease of 400% in a year or ever. The price can only fall to zero and that would be exactly 100%. Bitcoin is for speculation, especially for those who bought it with their own money. People who are hodlers are either those who bought their coins very cheap (and cheap here means dirty cheap) so they don't care what the price is, or those who bought at last November/December highs. And the latter are forced to be long-term holders, whether they like it or not.

[btyco]

You forgot to mention the amount of money lost to paying tax, if anyone is actually doing it! The reason it is important to rise continuously is to maintain interest, otherwise the media will ignore it and most of us won't be here.

[Irviyandi]

Because with the constant rise of the Harag bitcoin will be beneficial for anyone who keeps bitcoin either in a lot that wants to in a small amount due, but if you've saved a lot of bitcoin and you hoard over the next five years most likely will benefit but if for example the price drops then it's a risk that you have to accept, because an investment in no harm as well.

[Harleybtc01]

Because with the constant rise of the Harag bitcoin will be beneficial for anyone who keeps bitcoin either in a lot that wants to in a small amount due, but if you've saved a lot of bitcoin and you hoard over the next five years most likely will benefit but if for example the price drops then it's a risk that you have to accept, because an investment in no harm as well.

Yes, its definitely right a constant rise of bitcoin is really important for this just mean that a lot of investors were investing and trust bitcoin. And this will also tells us that the business is good and profitable.

[sevenbits]

Now the price is a reflection of the public interest in the crypto market. while the market is very flexible and there are many factors that affect the exchange rate. someone will say that the growth of the rate will also ensure the arrival of institutional investors in the market.

[anxioushoarder]

Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time>

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.   ..... You might end up with a bitcoin worth $100 in year 5. 

Not a bad concept, but there is a fundamental problem with it: the alternative investments at this moment with low interest rates are really bad. Not even close to 5%.

[ladydark]

Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time>

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.   ..... You might end up with a bitcoin worth $100 in year 5.  

Yes.I think you are right.It would be much better if we have some profits by selling during ATH and rebuy at a down price.B it at the same time,if the price goes very high like bitcoin's ATH price of 10,000 dollars from just 1,000 dollars,then holding would not be a wrong decision.

[localcrypto]

the market should nt be stable and consistent to one price it keeps moving then only as a trader can make money and it attracts more investors to invest in bitcoin market as well

[Webetcoins]

Hard to get what you saying but you are correct once in a while we need to take out some profits to avoid feeling the pinch of inflation  :- when we had the chance, you can never know if price will maintain a certain range or continue to rise...so prudence is key to having a good crypto investment.

Most people will say that they are investing in bitcoin or in other altcoins for the long term and I personally invested in it for the long term too but taking profits from time to time is the smart thing to do because we are not assured of the profits for the years to come. If we are already in profit then take some because you may end up not having profits later on. There is a possibility that bitcoin would be more valuable in the future given that people are so positive about it but as you say, we should exercise prudence and if possible, diversify our investments and not only invest in cryptocurrencies but in other investment vehicles too such as real estate.

The constant rise in price of Bitcoin is very important. This will help the Bitcoin with the main issue; Bitcoin can earn many investors from all over the world due to its stable rise in prices. This is what needed at the moment. Many people around the world are still afraid to invest in crypto because of its price. So if Bitcoin will show some constant rise in price it can boost the confidence of many people for investing in it.

You are right. We still need more demand for bitcoin to attract more people to use it. Price at the moment is not attractive and people are not exuberant to invest in it because price is not moving that much. Taking into account the decline from all-time high, people would be attracted to invest when it shows sign of being bullish again. But still, when you are in profit, you should consider taking some of it because there are unexpected happenings that may end up for you being at a loss than being in profit.

It is important as to give defeat to the market negative sources and to attract the investments of people towards it. The price few days ago was 7k dollar and after that 7.2k dollar and right after that 7.4k dollar and yesterday it was 7.5k dollar. Today the price is 7.7k dollar so this is the increase trend and constant increase trend and this due to the demand of people as they want to get benefit of the market. This constant increase brings a hope of a green market soon.

[Vatimins]

Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time>

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.   ..... You might end up with a bitcoin worth $100 in year 5. 

     Valid point. Although I agree with your thought, I think that it is one sided. I mean, just think about it, you only made last year as an example. If you tried to make an example out of the start of bitcoin then I think that it will not agree with your point. You see, the prices has gone way up than what it was back then. Sure, if a person invests stupidly, then he will surely lose a lot of money. But if he only invests money he can throw away and just continue to put more extra to invest then not touch it, I am pretty sure that it will be worth a fortune if the history of bitcoins continue to move the way it did.