Topic: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM - page 11. (Read 2548 times)
That's what I am really going to do. Even if we don't know how this halving will affect bitcoin's price, I will still keep and hold my Bitcoin. Cause for me, it's not just about halving. I just believe that sooner, the time will come and we will get what we've been waiting. We just need to be patient and hold. Before halving comes, I'll do my best to earn more Bitcoin so I can hold more.
looks good and is very educational this time I will hodl by looking at the accumulation in your chart ,actually I'm also still hodl for bitcoin from most of the income that I get but my family economy made me sell yesterday well forget it and I will follow the way you save it to be frozen and maybe it will be a little reduction in my economic spending even though its extremely difficult for me personally
Good decision to have with if you are open minded for the possibilities since there are many things will happen in span of 1 year but if you just hold since you are been hype and don't know on what you are going thru then might it's a bad decision to do since you might gonna face the consequences to get panic when the dumping stage occurs.
I respect your opinions because all of us have doesn't same mindsets and also ideas. I'm aware that most of people nowadays are holding bitcoin because halving is near. I respect their decision because it is their own life after all. I'm a trader and holding bitcoin is not suitable for me, I recently sold my bitcoins when it got bounce in its resistance level. For me there are more opportunities in trading bitcoin than to hold it for a long time.
I got an advices from my friends too that since last month they says buy bitcoin as much as you can and hold it until next year because we are already given good opportunity to buy more bitcoin on 2019 so instead of panic and sell bitcoin then i have to buy more bitcoin and hold because they says soon if the price high again then you won't regret your decissions
Don't sell, wait for the moment when we can use them. I remember comments from last year, how to buy a house with 10000$? Buy 1 Bitcoin,
wait couple years and you will be able to buy a house with that 1 Bitcoin. Now Bitcoin is under 10000$, the house can be bought with less
money apparently.
It's my dream, to buy something big with 1 Bitcoin that I will have one day.
wait couple years and you will be able to buy a house with that 1 Bitcoin. Now Bitcoin is under 10000$, the house can be bought with less
money apparently.
It's my dream, to buy something big with 1 Bitcoin that I will have one day.
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.
It would be much better in my opinion if the first chart included the price as of now, since we could visualize more easily whether the price have been reflecting the past halvings on a year before basis, and when do we expect another ATH coming into the market. Nevertheless, it's still unpredictable whether it would follow the pattern this year's halving, as the dominance is decreasing and altcoins do also improve over time.
I don't think this halving event will go up sharply. when so many people fomo so the trend is easy to go against. Have you noticed this in the financial markets? When the crowd is too fomo about a certain issue, it will definitely have a problem and go backwards. Matic, for example, everyone thought it would soon increase to $ 1 with this growth momentum, but who would have expected that in an hour of the night, everything would have collapsed and it had dropped more than 86%. So this halving event beware, the market with only the winners is not a market. there will be losers, and there are too many fomo.
The person who introduced me to the bitcoin usage instructed to hold as much possible. Myself kept trying to hold bitcoin, but it is truly hard to keep hold until we reach the aimed target. In between used to encounter some financial difficulties and I wasn't able to keep the holdings for a long time.
There are a lot of obstacles from holding our coins for too long, one of this is greed when seeing profit we are tempted to sell, and another one which is compelling of all is financial difficulties, I can stop myself from selling because of the profit, but I cannot from financial needs.
The person who introduced me to the bitcoin usage instructed to hold as much possible. Myself kept trying to hold bitcoin, but it is truly hard to keep hold until we reach the aimed target. In between used to encounter some financial difficulties and I wasn't able to keep the holdings for a long time.
yes you are right op for the time being we really should not sell bitcoin. we have to hold on to it until bitcoin is reduced by half and the price is pumping. and usually this long-term investment strategy is carried out by people who don't have much time to focus on cryptocurrency. but for people who have a lot of time and rely on crypto as the main income. then I think short-term investment or daily trading will be more profitable.
Too much hope is not good, I also have hope but it is not too much, I expect that the halving will have an effect to the price of bitcoin but the thing is I do not prefer holding at bear market. At bear market the price is continue to go down, I converted my btc to usd and I will pick at the bottom where there is a confirmation of market reversal. 
yes you are right op for the time being we really should not sell bitcoin. we have to hold on to it until bitcoin is reduced by half and the price is pumping. and usually this long-term investment strategy is carried out by people who don't have much time to focus on cryptocurrency. but for people who have a lot of time and rely on crypto as the main income. then I think short-term investment or daily trading will be more profitable.
I am not just holding my bitcoin, but I also trade my bitcoin to increase the amount because I am sure that bitcoin price will be increased so high in the future, especially we will see a halving time soon. From now on, I am sure that many people are doing the same thing as me because they also believe that bitcoin prices will increase and hit the next highest rate. Gladly, we are seeing bitcoin price still fluctuating until now, and that can be our opportunity to make more profit in bitcoin and fiat. If you can analyze the price, you will see that the bitcoin price will give you a chance to make more and more bitcoin. But be careful because the price can get down too deep without you know.
It is just a pure speculation, you do not any proof that bitcoin can skyrocket again like the year 2017. Hope can sometimes became the reason why we lose money. We are hoping too much and it is the problem because it is not really realistic. I have bitcoins but I keep trading it. I'm not a fan of a holding so I do not prefer to hold my bitcoins. It is boring to keep my bitcoin in my wallet. I want to increase it and that is why I keep trading it. 
I am not just holding my bitcoin, but I also trade my bitcoin to increase the amount because I am sure that bitcoin price will be increased so high in the future, especially we will see a halving time soon. From now on, I am sure that many people are doing the same thing as me because they also believe that bitcoin prices will increase and hit the next highest rate. Gladly, we are seeing bitcoin price still fluctuating until now, and that can be our opportunity to make more profit in bitcoin and fiat. If you can analyze the price, you will see that the bitcoin price will give you a chance to make more and more bitcoin. But be careful because the price can get down too deep without you know.
I would certainly agree to an extent.
However, it would be foolish to not cash out if you see an opportunity to do so at the peak of a bubble. As we saw in the 2017 bubble, a lot of people were reluctant to cash out and buy back at a lower rate later on which caused some pretty sizable losses.
Just remember that unless you are planning on holding BTC permanently you still need to sooner or later find an exit point for yourself. Even if you are a long term holder there is no reason not to cash out a portion of your position at the height of the bubble and thus have the means to buy the dips continually.
However, it would be foolish to not cash out if you see an opportunity to do so at the peak of a bubble. As we saw in the 2017 bubble, a lot of people were reluctant to cash out and buy back at a lower rate later on which caused some pretty sizable losses.
Just remember that unless you are planning on holding BTC permanently you still need to sooner or later find an exit point for yourself. Even if you are a long term holder there is no reason not to cash out a portion of your position at the height of the bubble and thus have the means to buy the dips continually.
Yeah better consider keeping and prepare for upcoming event. Even the some opinion of so called experts in the field are negative we must trust our own instincts and stay contrarian. But I believe that the cycle will repeat and surprise us again.
December 31, 2019, 11:34:20 PM
Hold bitcoin is a good choice, but you should not hold too long with it because no one really knows what its future will be like. Its price may collapse in the future and it will make you lose.
It is best to hold and sell when you make a profit, and depending on how much profit you want. Do not hold BTC just like you are holding gold, which is not a smart decision, I personally think that after halving, the price of BTC will decrease rather than increase as people expect. So buy now and sell before halving happens
It is best to hold and sell when you make a profit, and depending on how much profit you want. Do not hold BTC just like you are holding gold, which is not a smart decision, I personally think that after halving, the price of BTC will decrease rather than increase as people expect. So buy now and sell before halving happens
December 31, 2019, 10:45:10 PM
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.
Bitcoin remains to be the most viable of all cryptocurrencies we have on the market. And we are all excited on the many things that the coming halving can be bringing. We just hope that this can spur Bitcoin to a new height or at least to a good level where everybody can be happy about. However, we know that Bitcoin can be unpredictable, so we are seeing some who think that the real bull run can be happening actually in 2021, within a year after the halving. Which of these ideas and opinions can be coming true let us all wait and see.
December 31, 2019, 09:01:03 PM
Hold and sell, not hold and never sell. There would still come a time where a trader would want to exit because he is satisfied with the price of the BTC in the market. But, I agree with holding though. Just like you said, every halving in the past has shown significant growth to the market of BTC, and holding some wouldn't hurt that much and accumulation would slowly progress. Something small will become bigger when accumulated for a bit of time after all.
Umm what about using it. Again bitcoin is useless if everyone just hoards it. Should you save some, yeah just like fiat. But at the same time use it! It's meant to be used not stored indefinitely. Ypu will enjoy your vacation you take that is all on bitcoin, enjoy life its short
Well, I'd say Op is saying to hold it then sell it when the price hits the top. Hoarding it isn't really the same as holding it after all. Jump to: