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

[Dodoymabs]

Obviously, it is important because at some point those who buy at low really need to wait for the increased. With so many hodlers of Bitcoin waiting for the continuous increased and it really shows why it is so important. Also, for the sake of gaining profits which everyone wanted to.

[1714807912]

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[1714807912]

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[FiveReels]

It is important for me because I am bitcoin holder, I keep holding it since the time I met bitcoin, I am also optimistic that bitcoin is the answer of all my problems financially, This is my only hope to get out from poverty, Bitcoin is a good source of income. As the value will rise, It is advantageous to my part because I gain profit from it which I used to support my needs.

[xuan87]

Long term investment or hoarding doesn't mean that you abandon your coin, but it needs a constant watch, maybe not as often as the day trading but still it need to be watched, so if you think that the profit already suitable with your target then you can sell it, don't hold your coin until there is no value

[Getcoinsite]

I am not really sure I get your point here. If you have an initial $1,000 invested, and you get positive returns every year, how can you end with just $100?

I do agree in cashing out from time to time, especially in ATHs.

Yups cashing out from time to time when hype means securing your income and your capital,in this way we can minimize our losses and maximizing our earning

This is what im doing ATH and i believe until now winning is what ive got and no signs of losing if constant

[Altcoins enthusiast]

For now it is very important for bitcoin price to be going up and the pumping did help to publish bitcoin and cryptocurrencies.  I know we have to have stability in price in other to see bitcoin been adopted by business and nor profits organization.  I also think that stability is still for the future and now we need bitcoin above $100,000.

[EnricoGomez]

The constant rise in the value of bitcoin is important basically to cash out, you would want profit from the amount you have invested - you literally just wait for your money to grow and the only effort you need is to acquire more knowledge to sufficiently and effectively manage your coins.
Growth of the value of bitcoin also increases its popularity attracting more investors in the game.

[suraza21]

The rise of bitcoin is driven by many factors. In the end, the rise of BTC prices is due to the increasing perfection of its investment attributes. BTC no breakthrough in usage scenarios, but as an investment, BTC has already is an important investment target, whose nature is more and more like gold, its use value is no longer important, important is its increasingly recognized as an investment.

The rise in price of bitcoin is affected by the supply and demand. If the demand is less then the price will decrease and vice versa. It depends on the amount of btc dug up day by miners. Its speaks to the market demand for this bitcoin paradigm

[Pattart]

Long term investment or hoarding doesn't mean that you abandon your coin, but it needs a constant watch, maybe not as often as the day trading but still it need to be watched, so if you think that the profit already suitable with your target then you can sell it, don't hold your coin until there is no value

Yeah monitor is also important to do to see if the price is already in accordance with the target price you've made. monitor is important because we know that price changes do not occur constantly as prices go up every year? bitcoin price changes do not happen like that so the monitor really needs to be done

[Betwrong]

I am not really sure I get your point here. If you have an initial $1,000 invested, and you get positive returns every year, how can you end with just $100?

I do agree in cashing out from time to time, especially in ATHs.

This should not be too difficult to understand. You buy at say $1000 in year 1 and the price drop with 50%, then you are left with $500. Then it drops with another 50% in year 2 and you are left with $250 of your initial investment.

If you invested that $1000 in some traditional investment and you received say 20% in year 1, then you would have had $1200 by the end of that year and $1440 in year 2 and so on...

The best strategy would be to take profits in whatever year the price of Bitcoin reach a ATH again, to secure your profits. You should not just follow a blind "hoarding" strategy, where you hope that the price will be much higher than what you might have received from an investment in a traditional investment with a fixed return.

I took profits last year, when the price skyrocketed to a ATH, so my profits are locked in. <800% in 1 year> So, even if the price decrease now, I would still have recovered my initial investment with some good profits.  

I can lose all my money invested into Bitcoin now and I would still be in the green, because I cashed out the profit on a ATH.  

Well, I guess you were very lucky and I sincerely congratulate you with that, but imo it's from very hard to impossible to follow your advice from the OP since we never know when the the price will stop rising. For example, in May 2017 the price reached ATH at the moment, US$1,402, but was that the right time to cash out? Certainly not. And the thing is that we can say this only post factum. Many people cashed out in May 2017 and were regretting their decision several months later.

Nevertheless I think you are right in a way. If they bought at $300-$600 and partially cashed out at $1,400 to return the money they invested, we can't say that anything bad happened to them because their investment in BTC was profitable overall. It's just the question of how much do you want to profit from your investment. If someone wants to get at least any profit, in that case your advice is perfect for them.

[richmcrich]

Okay… you must have been into this business of bitcoin/cryptocurrency for a long time and I believe that you have seen a lot of people mention the word hodl. Hodl is about holding your investment till it yields you something bigger right? Good.

That is also the main reason why big investors usually come for Bitcoin to manipulate the price and make profit out of it, and if you’re smart you will be able to make something from the pumped price too. So come to think of when there is no more volatility to the price of Bitcoin… do you think anyone would be interested?

[Thanasis]

It is important for me because I am bitcoin holder, I keep holding it since the time I met bitcoin, I am also optimistic that bitcoin is the answer of all my problems financially, This is my only hope to get out from poverty, Bitcoin is a good source of income. As the value will rise, It is advantageous to my part because I gain profit from it which I used to support my needs.

Most of the people are holding the bitcoin for this purpose but there are lot of traders are doing this as their profession so which makes the prices to swings a lot.But bitcoin was found to be used as an currency so it needs to have a constant value if it needs to stay long in this for usage.So people start holding them which helps it to have constant price.

[ChrishAi28]

If there will be things like that, we will prefferably choose to buy bitcoin, knowing that it will grow, like some bank deposit.

We will not know if it will going to grow in the future, buying bitcoin and any coins is a big risk. Invest and buy then wait, thats is all that you can do. If it grows then it a celebration then if not just accept you loss. Buy again another until you gain profit.

[putra daerah]

The constant rise in the value of bitcoin is important basically to cash out, you would want profit from the amount you have invested - you literally just wait for your money to grow and the only effort you need is to acquire more knowledge to sufficiently and effectively manage your coins.
Growth of the value of bitcoin also increases its popularity attracting more investors in the game.

yes I agree with you, the increase that applies to the consultant gives a good impact for us coin holders in order to get a huge profit.
and can change the lifestyle and family economy.

[DeadCoin]

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. 

What if the value of bitcoin goes up every year and has minimum of 100% growth every year.  It's.  Going to be more beating the profit from other investment. If this ratio is kept up then you are going to benefit with more turn over. Anything can happen in the crypto currency market. Bitcoin growth trend has been much better so can really hope for big turn over in five years.

[boki77]

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[cryptojac17]

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. 

What if the value of bitcoin goes up every year and has minimum of 100% growth every year.  It's.  Going to be more beating the profit from other investment. If this ratio is kept up then you are going to benefit with more turn over. Anything can happen in the crypto currency market. Bitcoin growth trend has been much better so can really hope for big turn over in five years.

If the price of bitcoin keep going up that  mean also that the return of investment is great and the market is more aggressive because investors who buy more bitcoins,

[bocyaj]

Actually constant raise of bitcoin will not important.If the price is fluctuates,we can buy valuable bitcoin at cheap price.It will not possible,if the constant price raise is happened.The constant raise is good news for the bitcoin holding people and not a good deal for new investors.

[Twentyonepaylots]

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.

That is correct. Bitcoin is only the best investment of a given time period, if it yields more or outperforms the next available investment.

I think that's where the difference between a trader and a holder start to emerge. Holders aren't technically in bitcoin to make the most amount of money, they just want to conserve their wealth away from fiat currencies for the long term.

That's why if you're a trader, or someone who is into bitcoin more as an short term investment, it's so important that you sell at appropriate times. Bitcoin has its peaks and troughs, just like all other investments in the real economy.

The price value of Bitcoin often time goes up and goes down dependent on the volume of investment in trading market, Yes, short term investment is more beneficial to long term with Volatility of the market affect the price value of Bitcoin. I am not comfortable with the notions of computation of % gain at the time the Bitcoin investment was made then, compute it after 5 years. the fluctuation in the market  price is dependent on the movement of investment in the trading market.this is not a solid investment, instead a digital currency.

[feverpitch]

 I believe that with the increasing of the demand on a market the price should go up and it would be healthy sign

[Limar0]

Obviously a constant rise in the price of bitcoin means a constant increase of profits also in our end.And when it happens all investors on bitcoin will become rich or millionaires in just a short period of time.That's why we're keep on hoping and praying that bitcoin will increase gradually to solve our financial needs.