Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM - page 7.

otto_diesel

hero member

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Quote from: LogitechMouse on January 05, 2020, 08:53:45 AM

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

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

Holding forever?? I don't think that this is a good idea. The reason why you are investing into cryptocurrency is to have profits since it is considered an "investment". I don't want to hold Bitcoins until I die LOLS. A percentage of the total supply of Bitcoin right now is inaccessible for some reasons and I feel that it is increasing. Its good to hold Bitcoin but don't hold it forever. Sell it at some point and use it to buy a Lamborghini Cheesy

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

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

Why use for a cold wallet if I can buy a hardware wallet Cheesy

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that's great bro. yes a hardware wallet a type of a cold storage. ✅

You can storage your bitcoins in any exchange, you can do day-trade, lending whatever. But your bitcoin holding wallet must be a cold storage. .

Trust me and Start to save a bit of bitcoin in a cold wallet for future.

johant123

newbie

Activity: 17

Merit: 2

First of all; there is so much publicity about the upcoming halving indeed that I can hardly believe it not being priced in already. I don't expect a giant price hike this year ( but I hope I am wrong).

What I do is to keep most of my BTC safe in my own wallet for now, while I use a small part for swing trading. On the one hand, for trying to accumulate more without investing additional €€ but mostly because I want to learn. It's the same I do with my ETH and LTC amounts, only I use a larger percentage for "trade practice" because most of my invested money is in BTC anyway.

I won't become a professional trader this way, but it allows me to learn, and hopefully I make some profit on the way too.

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: iamsheikhadil on January 05, 2020, 09:27:24 AM

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits Cheesy

While you are holding your bitcoin for the upcoming halving, you should also try to learn something so you can use or apply it to yourself to make more bitcoin. We all want to make profits but getting more bitcoin will give us more profits once the price appreciates up because of the halving from the upcoming months.

iamsheikhadil

full member

Activity: 1022

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I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits Cheesy

LogitechMouse

legendary

Activity: 2422

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Chancellor on brink of second bailout for banks

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

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

Holding forever?? I don't think that this is a good idea. The reason why you are investing into cryptocurrency is to have profits since it is considered an "investment". I don't want to hold Bitcoins until I die LOLS. A percentage of the total supply of Bitcoin right now is inaccessible for some reasons and I feel that it is increasing. Its good to hold Bitcoin but don't hold it forever. Sell it at some point and use it to buy a Lamborghini Cheesy

.

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

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

Why use for a cold wallet if I can buy a hardware wallet Cheesy

.

Lanatsa

hero member

Activity: 2786

Merit: 646

Quote from: peter0425 on January 05, 2020, 05:35:12 AM

Quote from: coiningz on December 31, 2019, 10:35:16 AM

Unfortunatly, while you are hodling, you dont have any profits. To get them you should find right date for selling. And i guess, after halving will be right time for that

but that is what Op says,we must Hold and wait for after halving before selling,and who says that you dont have profit while holdings?when the value is growing then our holdings making some profit though it is little by little because we can just sell anytime we want and no one is hindering us mate.

i will stay Hold my Bitcoin and other altcoins also,while looking for a chance to buy again before May 14 this year.

Of course you would really profit out but it depends if the price is higher compared on when you do buy in.
Holding will be your option if you dont tend nor risk to day or active trade with it.We know that halving event is approaching
and we know the possibilities of price shoot up but we shouldnt expect too much yet neither the price on that time will
decrease rather than increasing as we anticipate.

peter0425

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Activity: 2618

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Quote from: coiningz on December 31, 2019, 10:35:16 AM

Unfortunatly, while you are hodling, you dont have any profits. To get them you should find right date for selling. And i guess, after halving will be right time for that

but that is what Op says,we must Hold and wait for after halving before selling,and who says that you dont have profit while holdings?when the value is growing then our holdings making some profit though it is little by little because we can just sell anytime we want and no one is hindering us mate.

i will stay Hold my Bitcoin and other altcoins also,while looking for a chance to buy again before May 14 this year.

drlukacs

sr. member

Activity: 854

Merit: 253

l0tt0.com

Quote from: jostorres on January 05, 2020, 04:36:25 AM

What people are missing out is that I know halving is about to happen, you know it too, your friends now it, everyone here knows it, hell peoples grandma now knows it, halving is already known and expected.

If you still think that price will go up just because halving happened you have never been in a traders market, if something good is going to happen they put that in price months even years beforehand, you think you are the only person who can see the price going up after the halving? You are not, everyone who wants to buy before the halving already bought before the halving already, so it is already counted in the price. When halving happens nothing will change in the price because that %100 increase in this years price? That was already for the halving already.

This is not necessarily true. despite the price of
Bitcoin has increased by more than 100% since the beginning of this year but it is due to the influence of the sharks. they knew that people were still unprepared for this halving event, so it bought a lot of bitcoins at around $ 6k5 and $ 7k. People will gradually buy more bitcoins. Meanwhile, the shark will take advantage of this and sell bitcoin to make reversals. This is the strategy of manipulative organizations and we should be careful.

jostorres

hero member

Activity: 2464

Merit: 585

What people are missing out is that I know halving is about to happen, you know it too, your friends now it, everyone here knows it, hell peoples grandma now knows it, halving is already known and expected.

If you still think that price will go up just because halving happened you have never been in a traders market, if something good is going to happen they put that in price months even years beforehand, you think you are the only person who can see the price going up after the halving? You are not, everyone who wants to buy before the halving already bought before the halving already, so it is already counted in the price. When halving happens nothing will change in the price because that %100 increase in this years price? That was already for the halving already.

Hallmader

sr. member

Activity: 1123

Merit: 253

Quote from: ice098 on January 04, 2020, 01:12:26 AM

Quote from: Hallmader on January 03, 2020, 11:22:13 PM

Quote from: moviebuff777 on January 03, 2020, 10:41:57 PM

I agree, but I do thinks it’s okay to spend some as ling as you have made a good profit. Otherwise, there was no need to buy the Bitcoins to begin with. If you just hold all of them, then they dot do you any good.

Yes, that is the best thing to do with your Bitcoin. HODLing is encouraged if what you are about to do with your Bitcoin is to sell it for fiat or to trade them with altcoins. But if you intend to use it to buy the things that you want, then it is more advisable to just spend them. That would help Bitcoin more. The rest of your Bitcoins you will HODL.

Actually his suggestions is good if you have another job or sideline besides trading because it is not advisable to store your bitcoins if you dont have another job or sideline coz come to think of it, if you stock your bitcoin or altcoins in your cold wallet, where are you going to get the money for your budget and for your daily needs or your other financial related agendas?

You need to use some to buy the things that you need. If you cannot spend them as Bitcoin then you need to convert them into fiat but convert only the amount that you particularly need. The rest you will keep as Bitcoin. There is still growth waiting for them in the future.

rdluffy

legendary

Activity: 2226

Merit: 1304

I'm holding my BTC for more than years, of course I want BTC to the moon but we have to be realistic and maybe the price will be the same for a Long time or even the prices will fall, so it's important to be prepared for everything

Bitcoincc

newbie

Activity: 28

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

May 14, 2020

129 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 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

https://www.cryptocointrade.com/wp-content/uploads/2019/04/BTC-Halvenings-4.png

https://ei.marketwatch.com/Multimedia/2018/11/02/Photos/NS/MW-GX701_bitcoi_20181102101902_NS.png?uuid=3f5c4858-deaa-11e8-a352-ac162d7bc1f7

Some people are predicting that bitcoin halving might not cause any increase in cryptocurrency prices. This is against normal previous technical analyses. Halving will surely have positive effect on market price as it will initiate another bull market or price increase. Hodling now is highly advisable.

posi

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Leading Crypto Sports Betting & Casino Platform

Quote from: minersday on January 04, 2020, 06:09:24 PM

Never had a thought cross my mind saying otherwise Grin

. Selling bitcoin at this time is not the best of decision with news of bitcoin block halving just a few months away from us. I have started filling buying and holding more as i am predicting that the price of bitcoin will definitely hit slightly above 10K. Don't fall for the regular pumps and dumps of whales Grin

Yeah,selling of ones bitcoin is never a good decision but at the same time it all depend because i actually sold some portion of my holding during the holiday season because i have some urgent and important expense concern my family which i have to care of and I'm sure 65% of every crypto holder does it either.

otto_diesel

hero member

Activity: 1078

Merit: 696

nearly 129 days left for halving.

May 14 2020 is not the exact date, it was difficult to guess the exact date in past halvings but now its easier calculate the dates for next halvings. because blockchain became more stable, don't get stuck on the dates. Price rising can take 1 year after halving.

minersday

hero member

Activity: 1484

Merit: 535

Never had a thought cross my mind saying otherwise Grin

. Selling bitcoin at this time is not the best of decision with news of bitcoin block halving just a few months away from us. I have started filling buying and holding more as i am predicting that the price of bitcoin will definitely hit slightly above 10K. Don't fall for the regular pumps and dumps of whales Grin

Negotiation

sr. member

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★Bitvest.io★ Play Plinko or Invest!

Quote from: binhvo1505 on January 02, 2020, 12:45:07 PM

The plan is wonderful, but not necessarily that curve. I remember there were many people who drew the same chart for Litecoin and it completely shit after Halving. This is the financial market and everything is possible, so we still cannot confirm that bitcoin will rise as we expected. I recommend that everyone speculate in small amounts to ensure the safety of their money. I doubt this Halving event won't be good because there are too many fomo. Is anyone worried like me?

I'm not worried about you because I don't think there's any foam here Because we all want to protect our money we want to earn more by investing a small amount of money That's why the best way to earn easy is to hold Bitcoin Because everyone knows the price will go up in front.

coolcoinz

legendary

Activity: 2618

Merit: 1103

This is exactly what I'm doing now. I honestly think that I will never sell, unless we are in an extreme situation of a 100k+ Bitcoin and completely no stores and businesses that would take it. I don't believe that's possible and thus I will never sell. Instead, I will exchange it for goods and services.
Of course I don't advise others to do it. I got my coins very cheap and whatever happens I will not be at loss, but if you bought a lot for 10k don't be stubborn and keep holding at 6k.

Experia

sr. member

Activity: 924

Merit: 265

Quote from: smyslov on January 04, 2020, 09:10:57 AM

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

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.

Yes this is the best time to hodl your Bitcoin and add more, but after we see the price and realized profit, we should also know when how to sell, until now I still have fear that Bitcoin will have another all timer high and get busted again by dropping again, we should hodl coins for long term and at the same time sell some when we realize that we are in profit, we don'[t want to be in a bad scenario where we are late in selling again, as it could happen again.

That is the best thing to do, acquire more while the price is too quiet this time and make some savings in the market allocated for the upcoming halving there will be nothing to happen if you will just hold it is better if you will make some for holding purposes.

smyslov

sr. member

Activity: 2002

Merit: 269

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

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.

Yes this is the best time to hodl your Bitcoin and add more, but after we see the price and realized profit, we should also know when how to sell, until now I still have fear that Bitcoin will have another all timer high and get busted again by dropping again, we should hodl coins for long term and at the same time sell some when we realize that we are in profit, we don'[t want to be in a bad scenario where we are late in selling again, as it could happen again.

Harriti

sr. member

Activity: 756

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HEX: Longer pays better

Will Halving really make Bitcoin's price soar? This is the question that I have been asking for so many days. I have seen your views but I think it is so unreasonable, why do you force it to increase? Earlier, I also witnessed the decline of Litecoin after halving. So, why do you say Bitcoin will increase this year? I have yet to find any data other than predictions derived from the past. show me what motivates you to buy bitcoin and hold it? What is the value of Bitcoin?

Topic: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM - page 7. (Read 2489 times)