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Topic: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM - page 10. (Read 2548 times)

hero member
Activity: 1078
Merit: 696
Lot's of people refers the 'never sell' case. it's mean that  10 or 30 years, at least 10 years. Because increasing of price will be more slower than past halvings.  You can't wait for 3 or 5 years.  You have to wait at least 10 years to see the results. even bitcoin price rises 5x.

people still says that, you have to sell when you get a reasonable profit and you will buy when it drop. it's out of topic. You can easily do day trade or sell-buy with your other budgets.




Make a 0.1 BTC cold wallet and start to hold. it's not so bad to make 1 BTC, 5 BTC cold wallet.  Nobody will make fun of you in 2030 because of making a 5 BTC cold wallet in 2020.

If you don't have a budget for make a cold wallet. what a bad fortune, time is ticking away. But I think you can reserve 0.05 btc. it's not a astronomical price. Do your self a favor.


Do yourself a favor today.



sr. member
Activity: 686
Merit: 262
Halving is not a sure shot call for the price rise. But such threads gonna make people FOMO into buying Bitcoin before the halving actually happens.
Is that good for the market?
Not really.
But that will give the swing traders a good opportunity to earn over this fomo.
Many people gonna just buy and wait for the halving. My strategy gonna be to sell before having to cash in the profits because of the excessive bought in off FOMO.
hero member
Activity: 1302
Merit: 532
Nobody really motivates me for hold bitcoins, everyone talking about day-trading on twitter and reddit.  I know that the price will rise and bitcoin will be a skyrocket again.
Everyone knows the price of bitcoin will rally again and no one will motivate you when it comes to your investment as the profit and loss belongs to you and no one can take the responsibility for your decisions and investments  Tongue Cheesy.

You can create a budget for day trading, altcoins and gambling. you can get your %10 -%30 or lose all your money in shitcoins. doesn't matter, it's not a bad thing.
My policy is to stay away from shit coins and i invested in some promising projects in the past and not sparing any money for it anymore.

But you have to create a bitcoin budget for holding forever. Create a cold wallet now and start to save.
I am sure everyone does that if you know the dynamics and the past market movements.
sr. member
Activity: 896
Merit: 268
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Good points there, sir. I am now reconsidering the idea howver, I am not used to being passive especially in my income with a claim that I am not totally certain. I may reconsider the idea but I am not suggesting to go passive till the date of halving comes because first thing, bull weren't happening the same time as halving occurs. Might as well be productive till such price soar occurs.
full member
Activity: 1750
Merit: 118
holding forever  ? dang , for what reason  ? thought the reason why we hodl is because of the profit  .  you should have sell once you reach the profit that you want   . on the other hand  , you said halving will occur on the month of may yet  ? that date is still long imo  therfor we can still sell and buy or buy and sell  . when we are close to may , let say a month  . that is the time you hodl and buy  but i think everybody knows this already  .  they will wait for halving if they want to earn more profit  .
hero member
Activity: 1680
Merit: 655
Even if historically speaking Bitcoin goes up every time halving happens

The thing is, halvings haven't had any immediate effects on prices. We associate halvings with growth because of charts like OP's, but that doesn't necessarily have to be the case -- growth could have come without the halvings, and we wouldn't really know.

I agree that HODLing is the best course of action if you want to gain in this scenario, but only because it's the best course of action is most scenarios. People looking forward to the halving are very likely to be disappointed, and disappointed market actors often lead to a falling market.

That's why I said that you still need to practice precaution when the date of halving comes because it is never too wrong to still observe the market even if we all know historicaly speaking Bitcoin goes up during halving. Yeah hodling is the right approach when observing the market but not all has that privilege especially the ones who have bought Bitcoin without any margin of safety as you cannot really risk your money during events like this, I wouldn't even recommend buying Bitcoin just because we are nearing halving since you wouldn't have any kind of protection on your capital.
hero member
Activity: 1106
Merit: 503
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Am telling the same thing to my friends from last year but people are adamant on selling as the price was dropping. I even told people to buy when it reached 3-4k$ but they were arguing that it will dump more. Now when it doubled from that place, they dont wanna buy it. Right now the best thing to do is to keep your BTC in a private wallet and hold them.
sr. member
Activity: 1876
Merit: 318
It's true halving bitcoin is getting closer, and don't we sell the bitcoin that we have. Hold the bitcoin that we have indeed
the best decision. If we still have more funds we can increase the amount of bitcoin we have. Because we will regret it
if we don't collect as much bitcoin as possible. By 2020 this is actually the best opportunity to make a big profit we know
the possibility of bitcoin prices going up this year is huge, considering we will experience the halving event soon happened.
And if halving happens it is almost certain that the price of bitcoin will rise to the top.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Thanks, OP for motivating the crypto holders, when we are in such depression of bearish trend long time I hope the halving will become the right catalyst to bring the prices to next level but for that holders need to be more clear about their long term goals,don't get trapped by whales strategies.
member
Activity: 770
Merit: 12
Trphy.io
unfortunately I had time to sell my bitcoin yesterday to celebrate the party in the new year, actually did not want to do it but because it really needed. I hope that before halving happens, I can still earn more bitcoin.
the opportunity to enjoy bitcoin when halving is a very rare thing to happen, so lest we miss this.
Its not bad to sell some yet ive done the same thing where i do cashout or convert some of my coins to fiat because i need to.

We are all having those positive projections towards next halving and charts do give out reference on what would possibly happen on upcoming halving.

We do like to hold but there are situation where we do need to spend some. Grin
everyone has different needs and perspectives, so there is no harm in converting some of their assets, especially if the assets come from bounty prizes. but for me, I will still hold some of the bitcoin that I have for a better future
sr. member
Activity: 924
Merit: 265
For holders have patience, halving does not mean the price will goes to the top immediately so dont be surprise if your holding wont stake after halving because it will took time to happen specially in this case that it seems people are not excited with the halving
hero member
Activity: 2996
Merit: 609
unfortunately I had time to sell my bitcoin yesterday to celebrate the party in the new year, actually did not want to do it but because it really needed. I hope that before halving happens, I can still earn more bitcoin.
the opportunity to enjoy bitcoin when halving is a very rare thing to happen, so lest we miss this.
Its not bad to sell some yet ive done the same thing where i do cashout or convert some of my coins to fiat because i need to.

We are all having those positive projections towards next halving and charts do give out reference on what would possibly happen on upcoming halving.

We do like to hold but there are situation where we do need to spend some. Grin
hero member
Activity: 1386
Merit: 503
unfortunately I had time to sell my bitcoin yesterday to celebrate the party in the new year, actually did not want to do it but because it really needed. I hope that before halving happens, I can still earn more bitcoin.
the opportunity to enjoy bitcoin when halving is a very rare thing to happen, so lest we miss this.
hero member
Activity: 2828
Merit: 611
May 14, 2020

134 days left

Nobody really motivates me for hold bitcoins, everyone talking about day-trading on twitter and reddit.  I know that the price will rise and bitcoin will be a skyrocket again.

You can create a budget for day trading, altcoins and gambling. you can get your %10 -%30 or lose all your money in shitcoins. doesn't matter, it's not a bad thing.

But you have to create a bitcoin budget for holding forever. Create a cold wallet now and start to save.

your wallet has to be one way road, you can send bitcoins to your wallet but never let yourself to spend. You can use your other budgets. that's why we have them.

increasing it does not has to be huge. It you can save your bitcoins bit by bit.


Trust me, create a cold wallet and start to hold now. It's not hard.


https://bitcointalksearch.org/topic/i-am-pretty-confident-we-are-the-new-wealthy-elite-gentlemen-12156



[im g]https://www.cryptocointrade.com/wp-content/uploads/2019/04/BTC-Halvenings-4.png[/img]

[im g]https://ei.marketwatch.com/Multimedia/2018/11/02/Photos/NS/MW-GX701_bitcoi_20181102101902_NS.png?uuid=3f5c4858-deaa-11e8-a352-ac162d7bc1f7[/img]
Lol you’re right about that, I have not seen anyone that’s talking about holding Bitcoin, they are mainly talking about trading and that’s all. People should really hold their coins, although I don’t know if the price will increase, but I have this feeling that there is high percentage that the price will increase.

So, let’s just have patience and just hold to see what’s going to happen after the third halving. I have seen news that whales are buying and storing bitcoins secretly and it will soon reflect on the market, so I’m guessing that will be after the halving.
sr. member
Activity: 1204
Merit: 270
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I also think it's a good time to hold Bitcoin because the price will go up in front of it If you have bitcoin with no negative attitude try not to sell it. Believe in yourself and take aim Because everyone knows that the price of bitcoin will go up.
full member
Activity: 532
Merit: 100
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Don't be sure to make a comment that bitcoin's price will rise. I am quite suspicious about the Halving event this time. Litecoin also has a similar situation, people fomo proudly and until halving takes place it is down more than 65% from the top. So anything can happen, you should be more careful about holding bitcoins. Anyway, holding BTC now is still a good decision but don't be too greedy, set yourself the price you will sell and make it disciplined. everything is possible so hope you can manage your capital well.
full member
Activity: 980
Merit: 114
This is a good friendly advice and I hope many of us are going to follow this advice because we have no any option. I see this halving as an event that is going to determine the faith of bitcoin in 2020. I am expecting bitcoin to get above $20,000 before the end of this year.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
I still keep it even more than 8 years now, sorry for not selling it at cheap prices in 2017, I save it for 8 years is not a little time following my struggle to promote bitcoin in my country, the price of $ 20k doesn't make me tempted to sell it, because I will throw it away to people who can not afford it than I have to sell it cheap, I separate my BTC savings from my needs until now I have not sold it

I am also not interested in shitcoin so I only hold some of the best and top altcoins until now, we have taken 2020 now, what will happen now, I don't want to rush to see it increasing gradually before halving even afterwards, I still believe history will repeat back as I analyzed, thanks for your interesting charts analysis, lol  Grin
legendary
Activity: 2912
Merit: 1068
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So, what is the point of just holding Bitcoin in your wallet and never selling it? What is then actual use of Bitcoin? I understand that you want to keep it long enough to get sone value and profit but there is no use of keeping Bitcoin indefinetely.
I'm strongly convinced that Bitcoin is made to have real use in real life not just to keep it as some kind of souvenir.
As far as halving is concerned don't expect too much in terms of huge price rise.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
I disagree.

I think there will be a pump up to the halving, and then the price will drop. So if you can sell at a profit, do so. You can always buy back again at a lower price after it has dropped.

The people who sold at the top in 2018 at around $17,000 and then bought back at around $4000 are in the money. The ones who held simply watched a paper profit disappear. Always take some profits.
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