Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM - page 3.

mamahdedeh

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Quote from: alisonwonder on January 23, 2020, 09:42:25 AM

Quote from: FanEagle on January 23, 2020, 04:27:50 AM

It’s very important that people hold some bitcoins in their wallet, even if you’re a day trader you still have to keep some coins in your Bitcoin wallet and any other coins you would like to save because at times the biggest profit might come from long term Hodl. We don’t really know how the situation might be after the Halving, there is no assurance that the same thing that happened in the past, the bull runs, will repeat itself this time around.

I have seen a lot of technical analysis and the price seems to be moving the same direction and I strongly there will be a bull run after the next Halving. I have invested an amount according to my level of risk and I’m waiting for it.

there will definitely be movement, but if you look at the halving beforehand, the movement will not occur simultaneously when halving occurs, the movement that occurs in my opinion is like a FOMO or FUD. we will still wait for quite a long time if prices will move significantly like previous halving. but I don't know whether this year halving will be so hype that it makes people FOMO or FUD so that before and after there will be a high enough increase?

I guess a lot of people don't want to miss that moment. days approaching that moment, I think there will be a lot of fomo. and in the end there will be an increase in prices as there is demand. and after that many people will wait for the results of the news to determine the steps after the halving bitcoin occurs, at that time there will certainly be a big movement, whether fomo or fud

olumyd

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Quote from: alisonwonder on January 23, 2020, 09:42:25 AM

Quote from: FanEagle on January 23, 2020, 04:27:50 AM

It’s very important that people hold some bitcoins in their wallet, even if you’re a day trader you still have to keep some coins in your Bitcoin wallet and any other coins you would like to save because at times the biggest profit might come from long term Hodl. We don’t really know how the situation might be after the Halving, there is no assurance that the same thing that happened in the past, the bull runs, will repeat itself this time around.

I have seen a lot of technical analysis and the price seems to be moving the same direction and I strongly there will be a bull run after the next Halving. I have invested an amount according to my level of risk and I’m waiting for it.

there will definitely be movement, but if you look at the halving beforehand, the movement will not occur simultaneously when halving occurs, the movement that occurs in my opinion is like a FOMO or FUD. we will still wait for quite a long time if prices will move significantly like previous halving. but I don't know whether this year halving will be so hype that it makes people FOMO or FUD so that before and after there will be a high enough increase?

You make a good point. Now that everyone anticipates the halving, it would be quite difficult to know when and how the movement will occur. Most likely towards the -ve trend, but one can not be too sure at the moment. In any case, holding BTC long term still pays off imho.

alisonwonder

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Quote from: FanEagle on January 23, 2020, 04:27:50 AM

It’s very important that people hold some bitcoins in their wallet, even if you’re a day trader you still have to keep some coins in your Bitcoin wallet and any other coins you would like to save because at times the biggest profit might come from long term Hodl. We don’t really know how the situation might be after the Halving, there is no assurance that the same thing that happened in the past, the bull runs, will repeat itself this time around.

I have seen a lot of technical analysis and the price seems to be moving the same direction and I strongly there will be a bull run after the next Halving. I have invested an amount according to my level of risk and I’m waiting for it.

there will definitely be movement, but if you look at the halving beforehand, the movement will not occur simultaneously when halving occurs, the movement that occurs in my opinion is like a FOMO or FUD. we will still wait for quite a long time if prices will move significantly like previous halving. but I don't know whether this year halving will be so hype that it makes people FOMO or FUD so that before and after there will be a high enough increase?

FanEagle

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It’s very important that people hold some bitcoins in their wallet, even if you’re a day trader you still have to keep some coins in your Bitcoin wallet and any other coins you would like to save because at times the biggest profit might come from long term Hodl. We don’t really know how the situation might be after the Halving, there is no assurance that the same thing that happened in the past, the bull runs, will repeat itself this time around.

I have seen a lot of technical analysis and the price seems to be moving the same direction and I strongly there will be a bull run after the next Halving. I have invested an amount according to my level of risk and I’m waiting for it.

julius caesar

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Well on my side, I do not really expect the bitcoin to rise up that much since it will still depends on how the consumer take care on their bitcoin holdings. If they sell it too early, it may not increase that high since the volume of the coin in the exchange will now grow. But, I am hoping that this thing will happen. For sure, all of the bitcoin holders will become a millionaire in just a snap. Lets just trust the process of bitcoin halving as of now.

asus09

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Quote from: yulionoo on January 21, 2020, 10:48:03 AM

you are right op in my opinion most of the bitcoin holders would choose to keep holding bitcoi. until bitcoin is reduced by half and pumping high as we expected. but I think this only applies to people who use bitcoin for long-term investment. but for people who are short-term investments or traders they will sell their bitcoin when bitcoin increases do not need to wait for bitcoin to be reduced by half.

You wrong with ideas keep holding bitcoin during halving time is coming, why many time you look want to make stupid keep holding because after halving bitcoin risk with lower price, never hear some one want to hold bitcoin but they are never holding bitcoin and get moment to make many people really trusted with bitcoin become good assets for the future.

yulionoo

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you are right op in my opinion most of the bitcoin holders would choose to keep holding bitcoi. until bitcoin is reduced by half and pumping high as we expected. but I think this only applies to people who use bitcoin for long-term investment. but for people who are short-term investments or traders they will sell their bitcoin when bitcoin increases do not need to wait for bitcoin to be reduced by half.

EdvinZ

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Most of the conversations are now about the upcoming halving. I think this is the biggest reason for the price of Bitcoin to rise this year. Miners are already moving their farms to more powerful mining equipment. No one refuses to mining Bitcoin due to the fact that the complexity of its production will increase. This means that large miners assume that the price increase will be due to a decrease in supply on the market.

DevilSlayer

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Quote from: milewilda on January 20, 2020, 05:41:50 PM

Quote from: otto_diesel on January 20, 2020, 03:31:33 PM

Quote from: moviebuff777 on January 20, 2020, 11:30:01 AM

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.

trust me: make a cold wallet and hold a bit of bitcoin for a long time.

Better say for 50-50 partition when it comes to Bitcoin hodling for years and the other portion is for active buy and sell and when you do profit then those bitcoin that had been accumulated would be put up on cold storage.
Rinse and Repeat until you earn a considerable amount for long term but of course, dont forget to sell them out when we're on the best opportunity because chances doesnt come often and missing it out
would really give regrets that you wont ever forget.Now, we are heading towards halving but doesnt mean you wont sell.Ive been actively trading and my sell point is before on the main event yet huge sell out
would most likely to happen on that time.

There is now a confirmation that market reversal will happen. There are now many opportunities to get a good position where we can have a profit while the uptrend is now forming. Holding while the trend is in bullish is good but holding when the bear market is not a good idea because of the high selling pressure. For those trend followers, there is no target profit because the right time to sell is when the uptrend snaps.

milewilda

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Quote from: otto_diesel on January 20, 2020, 03:31:33 PM

Quote from: moviebuff777 on January 20, 2020, 11:30:01 AM

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.

trust me: make a cold wallet and hold a bit of bitcoin for a long time.

Better say for 50-50 partition when it comes to Bitcoin hodling for years and the other portion is for active buy and sell and when you do profit then those bitcoin that had been accumulated would be put up on cold storage.
Rinse and Repeat until you earn a considerable amount for long term but of course, dont forget to sell them out when we're on the best opportunity because chances doesnt come often and missing it out
would really give regrets that you wont ever forget.Now, we are heading towards halving but doesnt mean you wont sell.Ive been actively trading and my sell point is before on the main event yet huge sell out
would most likely to happen on that time.

otto_diesel

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Quote from: moviebuff777 on January 20, 2020, 11:30:01 AM

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.

trust me: make a cold wallet and hold a bit of bitcoin for a long time.

olumyd

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Quote from: otto_diesel on December 31, 2019, 09:48:15 AM

May 14, 2020

118 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.

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 your bitcoins does not has to be huge. 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

When I opened this topic, bitcoin was nearly $ 7,000.

*pre-acceptance: Everyone knows 'never sell them' doesn't mean hold it till the grave. It's mean for years. I did a pre-acceptance about everyone that they are above average IQ

Bitcoin halving, so many speculations surrounding that subject and a lot of people have been panicking that the recent drop in the market may be leading to another heavy drop in the market. I would say to play it safe no matter what.

Quote

When I opened this topic, bitcoin was nearly $ 7,000.

Hoping the price goes beyond this, and we get to like $10k.

joshy23

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Quote from: rekinthis on January 19, 2020, 04:52:35 PM

Yeah, you're right at the moment we're not supposed to sell bitcoin. We've got to hold on to it until bitcoin's half down and the demand pumps. So usually people who don't have much time to focus on cryptocurrencies carry out this long-term investment strategy. But for people with a lot of time, relying on crypto as their main income. Then I guess it will be more attractive for short-term investment or regular trading.

People who are into this for everyday business mostly choose short term trading while for people who are truly supporting and believing to this industry will hold and wait for much longer position. The potential is high and the incoming halving will bring a big impact to each of those investors who keeps holding and accumulating more Bitcoin inside their wallets..

wildan88

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Quote from: Maslate on January 20, 2020, 11:07:48 AM

Quote from: Wintersoldier on January 20, 2020, 02:20:04 AM

Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

Holding is best only if you have no skills in trading but if you think you can make more profits in trading than simply holding, then go for it. Halving is a good start for bitcoin price to pump but if we can double our profits before the time of halving, i think it would be much better.

it's a good way than buying as much as possible because our money is limited, so it is better to grow with daily trading. but you must remember when the hype halving makes bitcoin increase, altcoin will down. you must be careful and focus when the down signal is coming. take the moment when it comes down as much as possible to get it at a low price because in the end altcoin will follow the rise of bitcoin.

moviebuff777

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I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Maslate

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Quote from: Wintersoldier on January 20, 2020, 02:20:04 AM

Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

Holding is best only if you have no skills in trading but if you think you can make more profits in trading than simply holding, then go for it. Halving is a good start for bitcoin price to pump but if we can double our profits before the time of halving, i think it would be much better.

Wintersoldier

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Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

Ailmand

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Accumulating bitcoin is actually good since the price is cheaper and everyon is expecting the parabolic cycle would occur on the next halving. If this would come true holding your accumulated bitcoin and selling it at one point on your desired price will be profitable. Holding forever is an overstatement. You will not enjoy your profit if you will not cash out at one point.

rekinthis

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Yeah, you're right at the moment we're not supposed to sell bitcoin. We've got to hold on to it until bitcoin's half down and the demand pumps. So usually people who don't have much time to focus on cryptocurrencies carry out this long-term investment strategy. But for people with a lot of time, relying on crypto as their main income. Then I guess it will be more attractive for short-term investment or regular trading.

merchantofzeny

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Quote from: Vispilio on January 18, 2020, 12:45:27 AM

Quote from: merchantofzeny on January 17, 2020, 05:12:52 AM

...

That's possible. Maybe if it ever hits 100k use some of it to buy up alts. What do you think would be the likely "medium" alt? It seems XRP is quite popular where I'm at.

I expect TRX to perform very strongly in that role. Transactions are super fast and very cheap. Justin Sun routinely receives some bad publicity on western mainstream media presumably because he is getting robust support from Chinese sources, although he keeps delivering on his promises, and realistically TRX is accomplishing what many other altcoins are struggling to do so in fast and pragmatic ways.

PoS gets criticisms of centralization, but that can be diversified further, and the economics of the PoS system of the Tron Network is already working pretty smoothly.

Haven't done much trading in a while and so not familiar with this. I'll look it up. So far the only crypto aside from BTC that's supported by our local exchange are ETH, BCH and XRP, so I'd probably keep using the latter for now.

Topic: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM - page 3. (Read 2520 times)