Are you increasing your bitcoin investments because of today halving ? - page 2.

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Quote from: Russlenat on May 21, 2024, 06:45:32 PM

Quote from: CODE200 on May 17, 2024, 11:25:35 PM

Yes, that's the only logical thing that you do in that situation, you accumulate and hold for the long-term when you're invested in bitcoin which means that you're going to be enjoying profits that would be more than your wildest of dreams. I think that right now, we're racing against time when it comes to stuff that involves the halving, got to remember though that you only need to invest only what you can afford to lose because you still have to face the reality that you're paying bills and there's going to be times that you're going to need more than what you've got in your budget so be careful with investing more money because it might backfire though. Another thing about careful investing is that you're going to need to make sure that you're not too invested or obsessed with bitcoin, enjoy your life a little and it's alright to spend some money for leisure and fun stuff, just make sure that those fun stuff isn't illegal or anything that would land you in jail.

I think even without this bitcoin halving, surely majority has already set their goals to invest more so they can earn more in the future. Long term hodling particularly with bitcoin is probably the safest and less risky strategy that an investor should never regret of doing, although there won’t be easy and quick profits, but we all know the amount of profits in the end will be highly exceptional and more satisfying on our part. The reason why despite of sudden price corrections, we should not lose hope from long term hodling.

Only those who have a speculative mindset and want to get rich quickly will intend to increase their investment in bitcoin when the halving is coming or after the halving is completed. Because they rely on past bullish history, they find that bullish season usually comes after the halving ends.
For long-term investors, they will never wait for the halving event to buy large amounts of bitcoin. The first is that they use a weekly/monthly DCA strategy, or the second is that they will buy bitcoin during the bear season because bitcoin is much cheaper then.

Personally, I think speculation is too risky because bitcoin is unpredictable and there is no guarantee that history will always repeat itself. Bitcoin can increase in price at any time and we will lose the opportunity if the bull season suddenly strikes. Therefore, I think we should have a long-term vision when investing in bitcoin instead of speculating.

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Quote from: Russlenat on May 21, 2024, 06:45:32 PM

Quote from: CODE200 on May 17, 2024, 11:25:35 PM

Yes, that's the only logical thing that you do in that situation, you accumulate and hold for the long-term when you're invested in bitcoin which means that you're going to be enjoying profits that would be more than your wildest of dreams. I think that right now, we're racing against time when it comes to stuff that involves the halving, got to remember though that you only need to invest only what you can afford to lose because you still have to face the reality that you're paying bills and there's going to be times that you're going to need more than what you've got in your budget so be careful with investing more money because it might backfire though. Another thing about careful investing is that you're going to need to make sure that you're not too invested or obsessed with bitcoin, enjoy your life a little and it's alright to spend some money for leisure and fun stuff, just make sure that those fun stuff isn't illegal or anything that would land you in jail.

I think even without this bitcoin halving, surely majority has already set their goals to invest more so they can earn more in the future. Long term hodling particularly with bitcoin is probably the safest and less risky strategy that an investor should never regret of doing, although there won’t be easy and quick profits, but we all know the amount of profits in the end will be highly exceptional and more satisfying on our part. The reason why despite of sudden price corrections, we should not lose hope from long term hodling.

Bitcoin is the most promising currency among the cryptocurrencies which helps to earn profits in the safest way in the current risky times. Although it will take some time to earn a large profit from here it is a less risky route. And I also hope that we will be able to earn an exceptional way of profits from here. So those who are still away from holding and have lost hope I think are very unfortunate.

Russlenat

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Quote from: CODE200 on May 17, 2024, 11:25:35 PM

Yes, that's the only logical thing that you do in that situation, you accumulate and hold for the long-term when you're invested in bitcoin which means that you're going to be enjoying profits that would be more than your wildest of dreams. I think that right now, we're racing against time when it comes to stuff that involves the halving, got to remember though that you only need to invest only what you can afford to lose because you still have to face the reality that you're paying bills and there's going to be times that you're going to need more than what you've got in your budget so be careful with investing more money because it might backfire though. Another thing about careful investing is that you're going to need to make sure that you're not too invested or obsessed with bitcoin, enjoy your life a little and it's alright to spend some money for leisure and fun stuff, just make sure that those fun stuff isn't illegal or anything that would land you in jail.

I think even without this bitcoin halving, surely majority has already set their goals to invest more so they can earn more in the future. Long term hodling particularly with bitcoin is probably the safest and less risky strategy that an investor should never regret of doing, although there won’t be easy and quick profits, but we all know the amount of profits in the end will be highly exceptional and more satisfying on our part. The reason why despite of sudden price corrections, we should not lose hope from long term hodling.

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Quote from: dezoel on May 20, 2024, 03:08:49 AM

Basically people who do think that bitcoin will do fine on the long run, have nothing to worry about and will keep on trying to make it work. I personally believe that we are going to end up with a greater result one way or another, and it has to be something that will take a while, which isn't really all that complicated, it should be something that will take a while but it isn't really all that weird.

We should consider long term holders as people who are eternally hopeful, and I know I am, which means that buying bitcoin and accumulating more is a great way to move forward. I understand some may want to look at shorter term, and usually summers do not look great, so I understand the doubt for short term, but I look beyond that.

Regardless of market’s price crash and corrections, still I would stick to my goal of hodling bitcoin. That’s because I believe bitcoin has huge potentials to soar high in the future, so I won’t stop accumulating more bitcoin through DCA most especially if there are buying opportunities happening in the market. Although not everyone here is encouraged to take long term with bitcoin as others prefer short term, but what’s matter the most is you still earn a good amount and never lose from your investments.

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Quote from: Cryptoprincess101 on May 21, 2024, 11:08:32 AM

Quote from: tread93 on May 20, 2024, 07:40:29 AM

Quote from: krishnaverma on April 20, 2024, 01:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

I am but definitely not as much as I'd like to or should. The price seems so high right now but long term I don't see this price point being considered high. Long term I see this price point considered a very low price to what we will see in the future. Maybe this is just wishful thinking but I truly think that we can't be far off from 500k and then 1 million and after that the sky is the limit!

You may see it as wishful thinking but it does come to reality I mean with how Bitcoin price movement goes we all might wake up one day and see the price hit beyond our imagination and with the high volatility of Bitcoin, today it dips tomorrow it increases, next it stagnates and before you know the price jumps. We may not really be accumulating more at this time since the price looks crazy but however any price it's a buying time so far as you have long term targets. So we keep accumulating despite the price at the time of buying.

We have to be realistic and indeed now the price of Bitcoin is too high for us to buy it in large quantities but that is not a reason for us to keep it or invest it because what happened in the past can be a valuable lesson for us to take now that for what happens in the future don't missed again
After the Halving the price will soar high, that's what has been happening for a long time and I think if that is a reason to invest in Bitcoin then there is no harm in it and in fact I made it my own motivation to be able to keep Bitcoin longer so that I can get big profits in the future .

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Quote from: tread93 on May 20, 2024, 07:40:29 AM

Quote from: krishnaverma on April 20, 2024, 01:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

I am but definitely not as much as I'd like to or should. The price seems so high right now but long term I don't see this price point being considered high. Long term I see this price point considered a very low price to what we will see in the future. Maybe this is just wishful thinking but I truly think that we can't be far off from 500k and then 1 million and after that the sky is the limit!

You may see it as wishful thinking but it does come to reality I mean with how Bitcoin price movement goes we all might wake up one day and see the price hit beyond our imagination and with the high volatility of Bitcoin, today it dips tomorrow it increases, next it stagnates and before you know the price jumps. We may not really be accumulating more at this time since the price looks crazy but however any price it's a buying time so far as you have long term targets. So we keep accumulating despite the price at the time of buying.

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Quote from: dezoel on May 20, 2024, 03:08:49 AM

Basically people who do think that bitcoin will do fine on the long run, have nothing to worry about and will keep on trying to make it work. I personally believe that we are going to end up with a greater result one way or another, and it has to be something that will take a while, which isn't really all that complicated, it should be something that will take a while but it isn't really all that weird.

We should consider long term holders as people who are eternally hopeful, and I know I am, which means that buying bitcoin and accumulating more is a great way to move forward. I understand some may want to look at shorter term, and usually summers do not look great, so I understand the doubt for short term, but I look beyond that.

The question is whether it is worth buying Bitcoin because of the halving, it means that after some time after the halving Bitcoin always went up in price, so it would be logical to buy some Bitcoin now and sell it for more at the bull run. If this is a medium-term deal, then you can try, but you need to be careful, because there is a chance that Bitcoin is now moving sideways. And for a long-term investment, you had to buy much earlier without waiting for the halving. Halving is not a starting point and it does not immediately affect the price, but does so after some time.

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Quote from: NewRanger on May 14, 2024, 10:56:40 AM

Quote from: MissNonFall9 on May 14, 2024, 09:26:12 AM

During the halving period, it would not be very wise to sell Bitcoins unless there is great danger. It's time to invest on a long-term basis. But many may be disheartened by the slight price reduction. It is true that everyone invests in Bitcoin with a specific target. But if you are disappointed here, it will not be possible to achieve the planned goal.

Personally, I don't know what will happen to bitcoin or others if the correction situation continues, but at first glance I think the side way price process is not long and the decline is not deep at all and what needs to be done now is to continue to buy if you have enough funds for BTC and one more thing this needs to know: Don't be tempted by cheap prices when the market crashes. Many people say this is the best time to fill our bags but in fact we still have disadvantages if we buy.

This would be unimaginable with Bitcoin. If I'm trying to get through a fairly safe zone. I ‍am still not seeing any price levels to be disappointed. So I have been increasing my bitcoin investment every week as much as I can. I believe I will not be disappointed.

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Quote from: krishnaverma on April 20, 2024, 01:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

I am but definitely not as much as I'd like to or should. The price seems so high right now but long term I don't see this price point being considered high. Long term I see this price point considered a very low price to what we will see in the future. Maybe this is just wishful thinking but I truly think that we can't be far off from 500k and then 1 million and after that the sky is the limit!

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Just as I thought. I searched it up again to confirm things and I was right that the halving date is not on that same day you made your post or in April 20 but it is said that happened a day before it or on April 19.

If ever someone is planning to invest more because of the halving, then they could have done that earlier and not during the event because the price is already increasing during it.

I'm not a noob here anymore and as an experienced user who are one of those who give an advice to the newbies, including they should not FOMO or invest only for the sake of some events, I must apply it in my self first, so no, I don't invest more only because there is a BTC halving, rather I'm only sticking on my DCA strategy.

If you ask if how long I'm planning to hold these new investment of mine, I think it was until I see the $100k mark because I'm also excited for this, just like the others.

khalidkhan82118

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Cause Bitcoin halvings in 2012 and 2016 were followed by significant price increases. This historical precedent suggests that reduced supply can lead to higher prices over time.

That's why,

My plan to hold Bitcoin investments for at least the next 12 to 24 months to allow sufficient time for the market to react and potentially rise.

dezoel

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Basically people who do think that bitcoin will do fine on the long run, have nothing to worry about and will keep on trying to make it work. I personally believe that we are going to end up with a greater result one way or another, and it has to be something that will take a while, which isn't really all that complicated, it should be something that will take a while but it isn't really all that weird.

We should consider long term holders as people who are eternally hopeful, and I know I am, which means that buying bitcoin and accumulating more is a great way to move forward. I understand some may want to look at shorter term, and usually summers do not look great, so I understand the doubt for short term, but I look beyond that.

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Quote from: bettercrypto on May 04, 2024, 01:33:42 AM

Quote from: krishnaverma on April 20, 2024, 01:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

Honestly, no, I paid more attention to Altcoins investment than Bitcoin because my chances of being 10x my capital or more than Bitcoin were high. Then another of the tops were also the crypto assets.

In bitcoin, because you read only 5x or 6x, your capital can spin. Unless you are rich, people are all right, so we are not that kind of person in the hip.

For some people, the price of Bitcoin is too expensive for them, of course they also have their own speculation about wanting to get optimal profits from their investment. Yes, we cannot forbid someone from investing only in bitcoin, of course they also see opportunities in alt coins which have the potential to increase many times over if the bitcoin halving comes. But you must remember to be careful in choosing altcoins, choose alts whose fundamentals are quite good, this will make you calm down a little.

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When I have the opportunity to earn Bitcoin, I also sell it with other crypto assets that also have potential in the market. That's all I do; whatever I have to buy, that's the only amount I can fit. It's okay if my sources of income are large; I can increase my allocation amount.

Even when the other cryptos that I saw were in a bear market, I started to buy them little by little because they were still cheap, and even now I still buy via DAC.

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Quote from: tikemysoncoin on May 18, 2024, 07:43:03 AM

I believe the reduced supply rate will positively impact the price in the long term.

The supply isn't reduced. It was the Bitcoins that were being mined that were reduced so, the main impact goes first to the miners. But you're right about the long-term effect of it that the price will significantly going to increase.

Quote from: tikemysoncoin on May 18, 2024, 07:43:03 AM

I plan to hold this new investment for at least 3 to 5 years, as I expect the value to appreciate significantly over time.

If that's going to be that long again then you'll be able to get through the next halving on 2028 and 2029 is likely the next bull run if we'll be basing it on the 4 year cycle.

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Quote from: krishnaverma on April 20, 2024, 01:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

Yes, I am increasing my Bitcoin investments due to today's halving. I believe the reduced supply rate will positively impact the price in the long term. I plan to hold this new investment for at least 3 to 5 years, as I expect the value to appreciate significantly over time.

CODE200

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Yes, that's the only logical thing that you do in that situation, you accumulate and hold for the long-term when you're invested in bitcoin which means that you're going to be enjoying profits that would be more than your wildest of dreams. I think that right now, we're racing against time when it comes to stuff that involves the halving, got to remember though that you only need to invest only what you can afford to lose because you still have to face the reality that you're paying bills and there's going to be times that you're going to need more than what you've got in your budget so be careful with investing more money because it might backfire though. Another thing about careful investing is that you're going to need to make sure that you're not too invested or obsessed with bitcoin, enjoy your life a little and it's alright to spend some money for leisure and fun stuff, just make sure that those fun stuff isn't illegal or anything that would land you in jail.

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Quote from: dansus021 on May 17, 2024, 09:31:09 PM

Quote from: bitzizzix on May 03, 2024, 11:24:19 PM

As most people say, after the halving the Bitcoin price will rise at the end of this year or the beginning of the year it will reach $100K, and before that happens there will definitely be a decline in the Bitcoin price. And it's possible that the recent low of $58K after a new ATH of $73K is the best time to accumulate more Bitcoin and hold it for the long term.
And as long as the purchase price is below $73K, I think it's still a good time to buy Bitcoin and hold it until the Bitcoin price reaches $100K or more. And what we have to know is that Bitcoin is the best investment for long-term methods with various different ways or strategies to collect it which we don't need to worry about, because it will eventually bounce back.

For me 50K is a safe zone and best time to accumulate more and more just my feeling but Bitcoin cant reach below 20K again in the future. Even bear in the next year I believe Bitcoin can still manage above 30K or around that.

And as long as the purchase price is below $73K, I think it's still a good time to buy Bitcoin and hold it. CORRECTTTTTTT. Now Country like El-Salvador are buying 1 Bitcoin each day Micro Stategy and other companies are buying heck even the ETF is buying more so LFG

technically, bitcoin analysis has penetrated the previous ATH and formed a new ATH, and after that it experienced a correction, I think after this there will be a significant spike, but we don't know how long and at what price the correction will occur, I think the Fibo range is between 38 to with 61 being the golden area to buy it

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Quote from: bitzizzix on May 03, 2024, 11:24:19 PM

As most people say, after the halving the Bitcoin price will rise at the end of this year or the beginning of the year it will reach $100K, and before that happens there will definitely be a decline in the Bitcoin price. And it's possible that the recent low of $58K after a new ATH of $73K is the best time to accumulate more Bitcoin and hold it for the long term.
And as long as the purchase price is below $73K, I think it's still a good time to buy Bitcoin and hold it until the Bitcoin price reaches $100K or more. And what we have to know is that Bitcoin is the best investment for long-term methods with various different ways or strategies to collect it which we don't need to worry about, because it will eventually bounce back.

For me 50K is a safe zone and best time to accumulate more and more just my feeling but Bitcoin cant reach below 20K again in the future. Even bear in the next year I believe Bitcoin can still manage above 30K or around that.

And as long as the purchase price is below $73K, I think it's still a good time to buy Bitcoin and hold it. CORRECTTTTTTT. Now Country like El-Salvador are buying 1 Bitcoin each day Micro Stategy and other companies are buying heck even the ETF is buying more so LFG

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Quote from: MissNonFall9 on May 14, 2024, 09:26:12 AM

During the halving period, it would not be very wise to sell Bitcoins unless there is great danger. It's time to invest on a long-term basis. But many may be disheartened by the slight price reduction. It is true that everyone invests in Bitcoin with a specific target. But if you are disappointed here, it will not be possible to achieve the planned goal.

Personally, I don't know what will happen to bitcoin or others if the correction situation continues, but at first glance I think the side way price process is not long and the decline is not deep at all and what needs to be done now is to continue to buy if you have enough funds for BTC and one more thing this needs to know: Don't be tempted by cheap prices when the market crashes. Many people say this is the best time to fill our bags but in fact we still have disadvantages if we buy.

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