Your plan if no significant move on Bitcoin price along with the halving? - page 4.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: AniviaBtc on December 30, 2019, 11:47:01 AM

Quote from: Betwrong on December 29, 2019, 08:30:31 AM

~
Yes, as we can see from the posts in this thread and from the poll, most of us will be holding if nothing changes, or if the price goes a bit up or a bit down. But I have an impression that most of us don't realize what period of time we are talking about. It's not about 2-3 months before/after the halving, but rather about 1 year+ after the event. It's a pretty long period of time during which the price can significantly go up or down for other than the halving reasons. I personally believe that the price will go up significantly during 2020-2021, and not necessarily due to the halving.

Even me, myself, I will choose to still hold on bitcoin no matter what because when the time comes that bitcoin price becomes high again, you are the one who is a winner. So patience is always a way to success. I still trust bitcoin although they say that it will take too long before it becomes the no. 1 coin again.
~

Who's saying that? BTC is number 1 coin right now. Its dominance, in regards to the market cap, equals to 68%. And when the market cap figures can be fake for some shitcoins, we all know that they are not fake for BTC. I know some people say that market cap means nothing, but I think it shows how much money in total people can entrust to this or that coin, and this is a very important indicator.

Dart18

sr. member

Activity: 1400

Merit: 259

I will pick the 2nd option.
Keep holding until I see the next rise.

There is just not much option right?
It is like you have been here all the time and made so much effort. There is more backing out from it.
The weak might surrender but there are still people who will keep on fighting until the very good end.

AniviaBtc

sr. member

Activity: 1120

Merit: 272

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Quote from: Betwrong on December 29, 2019, 08:30:31 AM

Quote from: dothebeats on December 27, 2019, 12:57:43 PM

Holding would be the most obvious choice here should the scenario even happen. There's no reason to continue trading nor go against the tide if the ship is clearly sinking without any chances for recovery. By going against the tides, chances are you might just waste everything and sink insteas of just going with the flow and leace things as is.

Then again, this highly depends on who you're asking. A day-trader would surely continue on trading but for the most of us, the answer is just to hold.

Yes, as we can see from the posts in this thread and from the poll, most of us will be holding if nothing changes, or if the price goes a bit up or a bit down. But I have an impression that most of us don't realize what period of time we are talking about. It's not about 2-3 months before/after the halving, but rather about 1 year+ after the event. It's a pretty long period of time during which the price can significantly go up or down for other than the halving reasons. I personally believe that the price will go up significantly during 2020-2021, and not necessarily due to the halving.

Even me, myself, I will choose to still hold on bitcoin no matter what because when the time comes that bitcoin price becomes high again, you are the one who is a winner. So patience is always a way to success. I still trust bitcoin although they say that it will take too long before it becomes the no. 1 coin again.

I don't care about what they say, after 5 years from now. Maybe bitcoin will reach above $10k USD and it is huge enough. Imagine from $6k to $10k up. So that's why I still have faith in Btc.

audaciousbeing

hero member

Activity: 1330

Merit: 569

While its good to make a plan, its even better to make solid plans on what one can control while the ones you cannot control the plan there will be on making some excess spending assuming the plan is on revenue expected to be generated from the price of bitcoin. In my own case, while I am optimistic that the price of bitcoin would rise and the impact this would be on my finances should this happen, I am not oblivious that it might not happen which would me easily amenable to the current realities and the halving would not make any difference in that plan.

airdnasxela

sr. member

Activity: 728

Merit: 254

I might do both replanning and continue holding. Make some adjustments with my previous plan if ever the price didn't move that high compared to what is expected even with halving. And since I can't do anything with it, I'll just continue holding. In crypto, unexpected increase and decrease is normal so I'd better prepare myself if that is the case. That's the best thing I can do.

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: djsugar on December 30, 2019, 06:10:10 AM

I wanna look at the situation. This topic is highly being discussed that if the price didn't double after the halving, many miners will lose incentive for mining. This might create a problem for the Bitcoin network. Along with that, the rising expectation of the price rise after halving will create a fomo which in turn will take the price up. I will take that as an opportunity to sell my holdings before the halving.
I will reinvest only if there is a stability in the market after halving.

There will be no stability in the market even before neither after the halving. Halving is just a normal event in bitcoin and since the difficulty of mining bitcoin will go up then the price should also go up in order to maintain the miners in the bitcoin network. You cannot expect the market to be stable and you need to deal with its volatility because it is a blessing in disguise to make quick profits because of the fluctuations.

djsugar

sr. member

Activity: 686

Merit: 262

I wanna look at the situation. This topic is highly being discussed that if the price didn't double after the halving, many miners will lose incentive for mining. This might create a problem for the Bitcoin network. Along with that, the rising expectation of the price rise after halving will create a fomo which in turn will take the price up. I will take that as an opportunity to sell my holdings before the halving.
I will reinvest only if there is a stability in the market after halving.

Ailmand

hero member

Activity: 1274

Merit: 519

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Just keep on holding and if the price keeps on dropping or will be stable, I will keep on investing my savings while it is affordable. It has only been a few years since the last bull market. The bull-run might occur on the halving or a few months after it. I will just be patient, I have no olans where to use my money on crypto yet, so there is no sense for me to sell it or be disappointed if there is no significant rise on crypto after halving.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Personally I will hold until at least the last price peak. I will separate my Bitcoin, over 70% of my Bitcoin will be hold and the rest will be trading.
With current Bitcoin hype the demands will be more than supply, I'm sure the price will be higher than the last peak.
It's looks like more people already prepared for the next halving.

StevieChews

brand new

Activity: 0

Merit: 0

This will be hard for me but i will continue hodling

Savemore

sr. member

Activity: 952

Merit: 274

I will not be disappointed even if the price of the bitcoin didn't move after the halving. I do not expect too much after all and I do not care to news and updates in the internet. My decisions are always relying in technicals so I am type of trader who using technicals than fundamentals. I an a day trader and there are a lot of opportunities in the market. Even if the bitcoin did not go up after halving, I can still make profit from its swings.

carlzec

full member

Activity: 616

Merit: 100

Bitcoin price is giving signs of uptrend. However, it is necessary to be cautious. It is impossible to make a prediction for bitcoin as it rises or falls. But if the price of Bitcoin remains constant. The subcoins will be activated.

iamsheikhadil

full member

Activity: 1022

Merit: 133

If we see past trends, price doesn't increase immediately after halving but increase gradually and sky rockets after a year or so and hence I would hold my bag for atleast 2 years after the halving and try to save more in between with a hope of getting great returns!

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: dothebeats on December 27, 2019, 12:57:43 PM

Holding would be the most obvious choice here should the scenario even happen. There's no reason to continue trading nor go against the tide if the ship is clearly sinking without any chances for recovery. By going against the tides, chances are you might just waste everything and sink insteas of just going with the flow and leace things as is.

Then again, this highly depends on who you're asking. A day-trader would surely continue on trading but for the most of us, the answer is just to hold.

Yes, as we can see from the posts in this thread and from the poll, most of us will be holding if nothing changes, or if the price goes a bit up or a bit down. But I have an impression that most of us don't realize what period of time we are talking about. It's not about 2-3 months before/after the halving, but rather about 1 year+ after the event. It's a pretty long period of time during which the price can significantly go up or down for other than the halving reasons. I personally believe that the price will go up significantly during 2020-2021, and not necessarily due to the halving.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Holding would be the most obvious choice here should the scenario even happen. There's no reason to continue trading nor go against the tide if the ship is clearly sinking without any chances for recovery. By going against the tides, chances are you might just waste everything and sink insteas of just going with the flow and leace things as is.

Then again, this highly depends on who you're asking. A day-trader would surely continue on trading but for the most of us, the answer is just to hold.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: Karmakid on December 26, 2019, 08:28:43 AM

I will keep on holding until the next rise of the price of bitcoin. I am not in a rush to sell my bitcoin at a higher price and I am thankful that the market is giving me enough time to continuously accumulate bitcoin for my long term investment portfolio. I don't know why other people are so afraid to buy now when they know that the price of bitcoin will be so much more expensive than the price now.

if you buy it at the price of support I think you will be safe, but another story if you buy it at $ 10000 if halving does have a positive impact and bitcoin sky rocketing I think you are lucky, it's better to trade your bitcoin and you will feel safe

agentx44

sr. member

Activity: 756

Merit: 268

Quote from: Rengga Jati on December 21, 2019, 04:54:17 AM

Quote from: Rengga Jati on December 20, 2019, 07:00:45 AM

- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

We all know based on the historical data, Bitcoin should increase more than $20,000 in 2021. The first and second halving have proven significant moves on Bitcoin values. So, it makes sense if we believe that in 2021 will be another great year for Bitcoin.

However, who knows about it. No guarantee for the rising of Bitcoin value. Since Bitcoin is decentralized and no authority to have the responsibility, a bad scenario may happen to break off our expectations. So, how if there is no significant move on Bitcoin price in the upcoming halving? What is your plan as a Bitcoin holder?

- Disappointed and directly trade all holding Bitcoins.
- Keep holding until the next rising.
- No idea. I will think and replan later.
- Others (Write down on your reply).

*Sorry if this topic was already discussed before. I've used the search button and find out no result.

I have been investing on bitcoin for so long already and every decision I make here is well processed which usually takes up a long time to make every detail work according to my plan. If ever there will be no movement on the next halving or in 2021, I will definitely keep on holding still. Those speculation may occur or maybe it will not but I will still hold on to my faith in bitcoin and keep on going with my investment. I know and I can feel it that bitcoin will rise up more than what we are expecting soon, it may take long but the wait will surely be worth it.

Yatsan

legendary

Activity: 2436

Merit: 1232

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Quote from: minersday on December 26, 2019, 05:16:10 AM

My guess was as similar as the popular decision over here. Not that i would be selling all my bitcoins if it ever crosses $20K Grin

again. Whatever happens i sell some when i need it and hold the rest to continue to make profit of it. That's called an investment strategy Cool

.

It is not impossible for bitcoin to reach at $20K again and halvings already prove that it can greatly affect the price of bitcoin and another alternative coins however the market has changed after the previous halving. The previous halving occurred in 2016 which made the bitcoin market explode but then it dumps after a while, but that is not what I'm talking about coz I'm referring to changes in the market in terms of people/users/investors of bitcoin that hold and waits for the upcoming halving expecting the price to pump again. Way back 2016 there are lesser people talking about the halving which took the dump long after the pump, So I guess the dump after the halving in 2020 will just take a month of less and that dump will be massive.

Karmakid

sr. member

Activity: 742

Merit: 397

I will keep on holding until the next rise of the price of bitcoin. I am not in a rush to sell my bitcoin at a higher price and I am thankful that the market is giving me enough time to continuously accumulate bitcoin for my long term investment portfolio. I don't know why other people are so afraid to buy now when they know that the price of bitcoin will be so much more expensive than the price now.

boris singer

sr. member

Activity: 882

Merit: 268

as usual, I only need a few percent that I set for monthly withdrawals, and still always increase btc investments with periodic trading. even if bitcoin returns to $ 1000 I don't panic and always stick to the main goal. Continuous development will always produce maximum results, bitcoin always proves its quality in this 10 year period.

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