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 would prefer a steady grow, but it's impossible because of unstable supply and demand of bitcoin, as well as fluctuating interest of crypto investors. I know this pattern is unpopular - traders prefer fluctuations (that's how they make money using the price differences). But I like thinking about bitcoin as a currency and not only the speculative investment.