I answer that in my original comment. "First part I disagree with, long term steady rises is what makes holding worth it, also short term spikes draw attention and new investors so price is relevant even to long term holders."
I would also like to note that I can leverage my portfolio value with lenders for real-estate investments, just like a stock portfolio. So I can use the value of the portfolio as reserves because its liquid, so even though I'm holding, the price being higher gives me more leverage.
I answer that in my original comment. "First part I disagree with, long term steady rises is what makes holding worth it, also short term spikes draw attention and new investors so price is relevant even to long term holders."
I would also like to note that I can leverage my portfolio value with lenders for real-estate investments, just like a stock portfolio. So I can use the value of the portfolio as reserves because its liquid, so even though I'm holding, the price being higher gives me more leverage.