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Topic: Your plan if no significant move on Bitcoin price along with the halving? - page 6. (Read 1289 times)

hero member
Activity: 1106
Merit: 503
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Most of us who are here on this forum are supporters of Bitcoin so what do you expect the result will be..?
Another thing is that it is 99% speculated that bitcoin will boom towards halving. So we may see some positive trends soon.
sr. member
Activity: 1638
Merit: 261
But again what's the guarantee that the history will repeat again when it comes to Bitcoin price increase which you are waiting for?  Yes I do believe that the value does increase every year at some point of time but it's not as big as we are expecting as we have to settle for gradual increases.
hero member
Activity: 1106
Merit: 502
You sound like the superior over Bitcoin. You are like threatening to leave Bitcoin if halving will not give you the price that you want. Well, do not hope that it will pump high in the coming months. Halving is already known beforehand. And it cannot be enough to pump the price high. For me, I will keep hodling regardless of the price after halving.

It should be like that, we all expect halving so that it can make prices increase like halving before. so what would make the price of bitcoin go up so high if halving had no effect? because the supply and demand factors are very big influence on prices. but I will not be disappointed if indeed there is no significant movement. as long as bitcoin still has a high value, I will stay focused on quantity.
sr. member
Activity: 1123
Merit: 253
You sound like the superior over Bitcoin. You are like threatening to leave Bitcoin if halving will not give you the price that you want. Well, do not hope that it will pump high in the coming months. Halving is already known beforehand. And it cannot be enough to pump the price high. For me, I will keep hodling regardless of the price after halving.
sr. member
Activity: 882
Merit: 251
will history always be same time in repeating? if there is no significant increase in 2021, but with a note if the price of bitcoin rises slowly and does not go down, of course I will wait next rising, surely there is still a chance to increase. of course 2 things happen, if there is no increase it means there is no interest, so confidence decreases and prices fall.
sr. member
Activity: 1274
Merit: 265
Honestly, I don't have any expectations with this coins halving event coming next year. I am sure this will pass without any impact on bitcoin prices. Bitcoin mostly goes up once in a year and I will wait for that moment in the coming year to sell me bitcoin holdings.
hero member
Activity: 2072
Merit: 656
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There's a button at the bottom to make a poll, should be written as something like "add poll" so you could add it here and give a bump. I'd be interested in the numbers we see...
Done. I've just created a poll for this topic. Let's see what people will prefer to do for their Bitcoin assets.  Smiley


Bump!!! Everyone, please vote your option on the poll above. If you choose others, you need to explain it clearly in your reply. Thanks
sr. member
Activity: 1918
Merit: 370
I don't expect that halving will bring some major price changes, I never counted on that so in fact Idon't have any special plan different to what I'm doing now.
I will continue to keep the balance between keeping and spending Bitcoin and as long as I have some steady income in Bitcoin I don't worry too much about the price.
I have the opposite belief as yours, I think there will be a huge price change on bitcoin since we have seen it on previous halving event but I guess that won't be long and will just cause another dump. As for my plan, I think of immediate sell when the price of bitcoin escalates quickly, I won't aim for a huge profit instead I'll look for a decent profit. We still do not know what this coming halving could bring since the market has changed in 4 years, might as well we don't expect too much from it.
sr. member
Activity: 896
Merit: 268
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No idea, may be I will replan besides majority are the doing the same. We cannot totally rely on our expectation as it bitcoin price is too unpredictable though halving had happened twice, and it really make the price soar but that doesn't mean it will always happen as halving comes. We gotta need to do something better specially when we always get false hopes.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
There's a button at the bottom to make a poll, should be written as something like "add poll" so you could add it here and give a bump. I'd be interested in the numbers we see...
hero member
Activity: 1582
Merit: 523
Well if the price did not rise when halving happen, my plan is still holding bitcoin until such time I can attain a profit. Being positive about the market could gives us hopes in bitcoin. So in my point, there still a good thing that can happen and the possibility still exists that price may increase.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
Can you not make a poll for this?
Yeah creating a poll is a good idea
You are right. But It is already created.  Cheesy  Maybe I will make a poll for the next topic. Thanks for the suggestion, sir.

-snip-
As for the original question I'll sit and do nothing. We come and go in waves. At some point another wave will arrive. It may have nothing to do with the halving at all.
I like the way how you answer my questions above. It's simple but clear enough.

Good question. I never really have thought about this that much since I'm more positive in Bitcoin's halving.
Thanks, buddy. But sometimes you need to think about how to anticipate if you get the worse result. We mustn't be like an amateur investor that feels doubt and panic because of experiencing an unexpected situation.  Wink
full member
Activity: 616
Merit: 100
A shock wave may come after the halving. Not much time left. I can make a new plan for May 2020. I think it's worth trying. This time I can invest long term with the right strategy. We cannot speak of a certain rise, but there is a possibility of a rise.
legendary
Activity: 3024
Merit: 2148
Then I'll keep waiting for as long as it takes to encounter a new bull run, there's a very-very high chance that it will happen, we are significantly below the ATH, adoption is increasing, new capabilities are being added to the network, supply is fixed - all the fundamentals are there, you just need time and patience to see big profits.
hero member
Activity: 1862
Merit: 830
Well due to halving the price should have been affected from even now onwards because it's not a sudden thing , it's starts small but then it gains momentum but instead of seeing a positive growth it's more or less stable and I cannot see any market fluctuations.
I think it might now increase too , who knows , I am not really sure since the halving is gonna be in June and consider January be the month where we would start seeing something.
hero member
Activity: 2170
Merit: 528
I'll keep holding. I don't need to take profit now and I realized that when we had this mini rally a few months ago. I held at 4000 and we went to 10 and I felt no need to sell. This means that deep inside I know I don't need money now and I know Bitcoin is worth more than 10 thousand dollars.

Maybe if the halving rally was to take us above 20 thousand I'd think of buying myself a few things with my coins but I'd still not sell everything.
legendary
Activity: 3234
Merit: 5637
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~snip~
For those who view Bitcoin from the perspective of technology that has practically not started at full speed, and for those investors who are investing in the long run, the next halving is by no means a crucial point. What is more important to me is the fact that almost 99% of Bitcoin will be mined in the next 10 years, all this with 3 halvings that will happen (2020, 2024, 2028).

I personally do not mean to take any drastic steps in the event that no new large pump happens by the end of 2021, which I personally do not consider to be a realistic outcome, because I believe that history will be repeated again. In the end, it's not all about the money, Bitcoin can remain at the same value for another 2 years, and I don't see how that would diminish its real value.
sr. member
Activity: 854
Merit: 253
l0tt0.com
- 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?


I will have a different direction for myself. I am definitely not holding bitcoin, it is too risky to expect too much of the halving event. Think about it, if there are too many people who believe that Bitcoin will grow very strongly during this halving event, then everyone will buy and win, so who will lose? Maybe the crowd will make their own trap and sharks just need to wait for the ripe time to sell a lot of their bitcoins during this halving event. I have always been cautious in this market because I know this is a market full of manipulation and crime, so I will sell my bitcoin when it sees its price increase 10% after the halving event.
sr. member
Activity: 742
Merit: 329
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If there will be no huge move from bitcoin to go up after the halving, then I will just use it to do altcoin trading. I will try my best to multiply it for a few months and once I saw a potential move up of bitcoin then I will convert my altcoins into bitcoin and hold them and wait for the result of the rally to think if I will be selling or not.
legendary
Activity: 2296
Merit: 1335
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I will keep holding but I won't tell you what to do because it depends on your finances.

I bought Bitcoin years ago for less than 1k USD and was briefly at a loss but just took a break from all of it. I kept my coins in 2015 and 16 when the markets were bloody and didn't care. Since my coins are now worth over 7 times more than they were when I bought them I'm fine. It was to be my safety fund for stormy weather and I'd be ok with 5k USD Bitcoin even if it was to stay like that for years.

Each of you will have a different idea because if you buy now at 7k and after the halving price will be 6k you'll be devastated and I understand that. For me it will be just another day of my personal bank working as it should.
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