What are your big plans for the Bitcoin halving coming up in a few months? - page 2.

Yamifoud

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

I already reached the maximum limit of investment capital, I have nothing to do for now but just wait for the bull season.
For those who have not yet filled their limits, this is the time to do it now. Though we can expect some corrections before halving but for me, we don't need to wait for it before deciding to buy instead, make a decision now rather than losing the chance. The market price is still way far for the ATH which is why buying at the current will still give us a profit when selling them at its peak price.

Volimack

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

My big plan for Bitcoin halving was that I would deposit some bitcoins before Bitcoin halving started and sell it after the halving and deposit more later. But since I don't have bitcoins at the moment, that plan may not be possible to implement but hopefully I can save some bitcoins.If you don't deposit bitcoins before halving, you won't be able to make much profit.

AicecreaME

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Probably to invest more in Bitcoin to accumulate more profits for the next bull run or all time high.

It is important to maximize profit as much as possible. I don't save my money in the bank, whenever I have an extra money, I never hesitate to put it in Bitcoin. For sure, when bull run will start to happen, many people will regret not buying Bitcoin, or they will buy at the top and start regretting and will spread FUD when bitcoin's bull market stop and bear market starts to happen.

milewilda

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Quote from: wxa7115 on December 02, 2023, 01:12:38 AM

Quote from: Strongkored on November 29, 2023, 01:16:10 AM

Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

For retail or small investors like me doing what you are doing is the best choice but for whales they will be able to buy large amounts of Bitcoin to sell in the next 1-2 years or after the halving, but it doesn't really matter how we start accumulating bitcoin, because what is important is that we are not left behind in the next bull run, and it does not rule out the possibility that people who do the current DCA is not targeting the nearest bull run but more than 5 year.

More than anything what matters is that people begin to save, to invest and do this consistently, people often are looking for a secret strategy that will allow them to achieve their goals in a short amount of time, but what they fail to realize is that a strategy as simple as just buying bitcoin whenever they have some spare cash can be incredibly powerful as long as this is done often enough.

However such a strategy is so obvious and boring that it is immediately dismissed as ineffective, even if it is one of the easiest and most powerful strategies that anyone could use.

There's no such thing about secret on how to invest or trying out to accumulate or something talks about strategy yet its been just needing that kind of awareness about on how things should really be
done. If we do see that Bitcoin is really that having a potential and it do really convinces to accumulate then its up to our choice. It is really just that there are people who are really that skeptical
when it comes to Bitcoin or crypto investment on which i couldn't blame them considering on how volatile and unpredictable this market is then you would really be having those kind of
hesitation but well if we do invest on the amounts that we can afford to lose then it would really be just that fine.

Plans before halving? I do expect that there would be some huge dump neither before near halving or after halving. This is where these corrections or final
dumps do happen. So better watch out because thats the best time to get in but well if you dont care about on the price then this wouldnt really be an issue.

wxa7115

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Quote from: Strongkored on November 29, 2023, 01:16:10 AM

Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

For retail or small investors like me doing what you are doing is the best choice but for whales they will be able to buy large amounts of Bitcoin to sell in the next 1-2 years or after the halving, but it doesn't really matter how we start accumulating bitcoin, because what is important is that we are not left behind in the next bull run, and it does not rule out the possibility that people who do the current DCA is not targeting the nearest bull run but more than 5 year.

More than anything what matters is that people begin to save, to invest and do this consistently, people often are looking for a secret strategy that will allow them to achieve their goals in a short amount of time, but what they fail to realize is that a strategy as simple as just buying bitcoin whenever they have some spare cash can be incredibly powerful as long as this is done often enough.

However such a strategy is so obvious and boring that it is immediately dismissed as ineffective, even if it is one of the easiest and most powerful strategies that anyone could use.

rat03gopoh

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I don't have any specific plans for the upcoming halving, the fact is that from previous events the price will not suddenly move in a positive direction drastically.
Bull market cycles may always occur, but no one guarantees the exact date. Just accumulate and diversify portfolios and hope one of them experiences a positive trend early.

Strongkored

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

For retail or small investors like me doing what you are doing is the best choice but for whales they will be able to buy large amounts of Bitcoin to sell in the next 1-2 years or after the halving, but it doesn't really matter how we start accumulating bitcoin, because what is important is that we are not left behind in the next bull run, and it does not rule out the possibility that people who do the current DCA is not targeting the nearest bull run but more than 5 year.

Faisal2202

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Quote from: TimeTeller on November 25, 2023, 07:54:27 PM

If you are exploring your opportunities with alts, better look at top 20 at least. Then, weigh your options on this market.
Because as you learn more about alts, and their strong points, you will understand their potential in the upcoming months.
And do remember, knowledge in TAs are great but most of the time, it won't have influence in the market performance of alts.

I value your suggestions, but I get to hear a lot about looking at top 10, top 20, or top 50 alts because they are already doing good, have a better market cap, are listed on good exchanges, etc. etc. But I don't really think this works or is it? Just asking as a newbie not countering your suggestion (peace). And to be honest, I don't really have enough knowledge to judge the potential of any ALTs, I mean either its gamefi, L2, or any other type, I don't have enough knowledge to judge which would give me some decent profit.

And to be crystal clear, I suggested to the members who do not hold ALTs that even though I am holding some but I am holding with the money and I don't care if I make a loss with them. And talking about TA, I have also faced this, because a few days ago I started to learn indicators and how to read candles but on trying them I am not getting any positive results (just observing not making real trades by following these indicators).

traderethereum

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You have a good plan because you want to diversify your investment in crypto. But you should be careful when investing in altcoins.
With so many altcoins on the market, it will make you confused about choosing one, especially if you don't find accurate information about altcoins.
Indeed, investing in altcoins can provide big profits too, but this search factor is not easy, which is an obstacle for investors in finding the right altcoin.
I still do DCA for bitcoin investments. Meanwhile, I am still monitoring the movement of altcoins and it is the altcoins that are in the top 100 positions.
And if I want to invest in altcoins, I will limit the amount of money because I remain focused on investing in bitcoin.

KingsDen

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

As you rightly said, although I do not think there should be a unique or a special plans for halving. It should be a plan that has been in existence or whether you are talking about an exit plan.
First, I will advise anyone who is investing through DCA to stop investment immediately the bitcoin price hits $50. I do not have any theories to support this, it is just what I feel is right. Anyone who started to DCA when bitcoin price was at the range of $15k, should be able to stop DCA when the price gets to $50k and then begin to plan an exit method.

My major challenge which I know will also be the challenge of many is when to exit the market. I can say that if bitcoin makes a new ATH, anyone is free to exit at any point, else you could be trapped back to bear market.

justdimin

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Quote from: boyptc on November 24, 2023, 02:28:26 PM

Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

What are your plans for the upcoming halving?

Nothing unusual but to keep on accumulating as well and try to keep away from the temptation of selling early.

I have got plans when I should sell and that must be after the halving and when it has pumped a lot. I have some numbers on my mind but whether they're reached or not, I'll have to decide whether to sell or not.

But even so, I am likely to sell no matter what happens because I have got some plans to buy something big for myself.

What if the pump came before and during the halving only? And after it, there will be no more? You know, correction, and market cycle. Oh well, as you said, you still have numbers written in your mind, so maybe you will still sell once they are reached and it doesn't matter if what occasion we are having. I'm curious BTW, if what is that thing you are planning to buy. Hmm. My guess could be a car or a house? Hehe.

Although there are also small items which can be very expensive. It was still fine, as it was a reward for our selves for the hardwork that we have done. Also don't forget to treat your loved ones. It should as well act as a celebration for another milestone that BTC have reached/achieved.

libert19

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Quote from: salad daging on November 26, 2023, 10:01:02 AM

Quote from: libert19 on November 26, 2023, 04:57:56 AM

In prior bull markets (2017/'21), I missed out on gains due to not converting paper profits into real profits, so my only plan this time around is to sell coins. I understand you can't know what's the top so I'm looking to dca-out certain percent out of my holding each time I feel like it's good price to sell.

So what you break up when you see a good price and then sell is actually not a problem because it will still be profitable, but it would be nice to keep holding in a few years but only for bitcoin.

Yea, it's good to convert one's profits into BTC, but do not hold onto alts, as they may never recover and you'll just become a bag holder.

My mistake was to hold onto alts forever, eventually they all bitten the dust.

Convert to BTC/ETH (ETH is my personal choice) or any stablecoin but never keep holding onto alts.

terrific

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If I can consistently DCA, I'll choose that no doubt.
But if some times that I can't do it, I'll just probably go over the lumpsum type of buying o whenever I can afford to. That's still a type of DCA because I'm buying at any time that I can avail to and there's no certain period or time limit that I can do it.

TelolettOm

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

Like other people, just focus on increasing our investment accumulation, as usual, keep holding without panicking when Bitcoin prices go up and down. In this case, the main focus is of course on Bitcoin alone as the main investment to prepare for the bullish era and the future. because we all already know how Bitcoin can make this happen.

On the other hand, if we hope to go into altcoins, make sure that we choose the right coin. This is not that easy because not all altcoins are able to survive or reach their highest prices again. Reflecting on the bullish era of last season, it seems, it would be much better if we were more careful. Top altcoins do not guarantee us big profits, but at least they are not as big as the risks of new altcoins. And not all top altcoins can survive in the future, because we make sure we choose those that are likely to have bigger chances than other altcoins. Ethereum is a prime candidate, and others, you can hold for yourself for analysis.

Russlenat

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

Maximizing my bitcoin portfolio through DCA. Bitcoin halving has become imminent and the best way I can achieve my goal with bitcoin is through doing DCA only. While DCA is not limited to bitcoin only, as you can also apply with some high potential altcoins, but if there's one thing I learned from my past investments, that is to focus on bitcoin only as reputable altcoins are only rare seen in the market now.

However, if you have been hodling already good altcoins in your portfolio, then that would be a lot better. Diversifying is good and productive as long as you end up with reputable altcoins in the market.

jeraldskie11

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Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

What are your plans for the upcoming halving?

I have no big plan in the upcoming halving. I just want to make it simple. I will just accumulate some Bitcoin everytime the price hit the support zone until halving. When halving occur, I will not buy Bitcoin immediately but to wait for a short term dump to occur before I going to buy because I believe that even though we can't see that the price of Bitcoin dump in it's halving history it's very possible to happen since smart money are aware of it.

TakeItEasy

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Quote from: Beparanf on November 26, 2023, 12:40:42 PM

Typically, Altcoin rise massively after Bitcoin reach its peak since Bitcoin investors will find new investment opportunities through altcoin but Bitcoin is still the best investment until halving is not done yet. Altcoin will always be outperformed by Bitcoin since traders is more focus on Bitcoin halving and just toss a portion of their investment on altcoins until the new ATH reach or halving is done.

Purchasing altcoin now is dangerous and useless at the same time because it will just copy Bitcoin movement while it’s correction is so brutal as always.

Altcoin in trading has its own place while we talk about the Bitcoin then it is still holding the significant place. We can't say that the coin will behave like weird after the bitcoin halving, even we see the market is also bullish now and we can expect good moves from the altcoins too. Recently we have seen that Bitcoin was almost up and the altcoins were moving at good condition. So, in the future we will also see Bitcoin at its highest trades and we will also see the altcoins on the same platform.

Like you say whenever the bitcoin got pumps it also gives some another altcoins a good pump like we see not only this time but it often do the same whenever the bitcoin prices rises in a condition.

Beparanf

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Quote from: xSkylarx on November 26, 2023, 11:13:01 AM

Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

Same with others to accumulate as much as Bitcoin or any altcoin we like but prefer most the Bitcoin. Nothing unusual as I still use the same strategy that I've used before and continue to hold until it reaches my goal price. This would really be the plan of others too, to continue to accumulate Bitcoin and hold as much as they could to maximize profit. Though I am planning to buy some top altcoins but I will only do so when I have spare money to spend on after buying some Bitcoin.

Typically, Altcoin rise massively after Bitcoin reach its peak since Bitcoin investors will find new investment opportunities through altcoin but Bitcoin is still the best investment until halving is not done yet. Altcoin will always be outperformed by Bitcoin since traders is more focus on Bitcoin halving and just toss a portion of their investment on altcoins until the new ATH reach or halving is done.

Purchasing altcoin now is dangerous and useless at the same time because it will just copy Bitcoin movement while it’s correction is so brutal as always.

Upgrade00

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Quote from: fullhdpixel on November 26, 2023, 12:25:50 PM

I feel like altcoins is just the more volatile version of BTC.

There are far too many differences between altcoins and bitcoins to term them volatile versions of Bitcoin.

• Bitcoin is secure, majority of alts are built on insecure algorithms.
• Bitcoin is decentralized, majority of alts are centralized.
• Bitcoin has a use case, majority of alts do not.

Volatility is just a factor of the difference.

fullhdpixel

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Quote from: Upgrade00 on November 24, 2023, 04:10:55 PM

Quote from: R100K-Martin-Lunger on November 24, 2023, 12:23:56 PM

The halving could also lead to a surge in interest in altcoins.

It can, but I can't tell which altcoin, so I'll play it safe with Bitcoin. As attractive as altcoins can be to gamble on considering how cheap many of them are, thy have a higher failure rate than success, making them a huge risk.

My plan for the halving is to accumulate more Bitcoin, ride the waves of the bullrun and hopefully cone oug the other side with more bitcoins than I started with.

I feel like altcoins is just the more volatile version of BTC. For example, if the price of BTC goes down by 1% these altcoins will go down by 10% and similarly when the price for BTC pumps up, all the altcoins will surge up as well. That's mainly due to the low market cap and I would strongly advise against new coins because there are so many shit coins nowadays. Perhaps something within the top 200 CMC is a decent idea.

Looking for a big profit - trade alts. Looking for solid but slow profits - trade BTC.

Topic: What are your big plans for the Bitcoin halving coming up in a few months? - page 2. (Read 397 times)