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Bitcoin => Bitcoin Discussion => Topic started by: virasog on September 08, 2023, 03:20:33 AM



Title: My Preparations for BTC Halving and bull market
Post by: virasog on September 08, 2023, 03:20:33 AM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Faisal2202 on September 08, 2023, 03:36:46 AM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it.,.........

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
I really liked the idea of storing funds in hardware wallets. Despite the fact that hardware wallets provide us with better security than software wallets, this unique benefit that you just mentioned is also a great one. Because most people holding funds on centralised exchanges sell quickly once they see some profits and try to book them, Even in a few of the past discussions, a member here said to me that he or she would sell his coin and at least book the profit, which would be equal to his capital investment.

I also had this mindset about selling BTC once it made a new ATH. But someone said booking profit is better, but I still have the same mindset and will sell on ATH.

I think it is better for everyone to not expose how much BTC they have accumulated because this forum is full of bad actors and they might try a series of phishing attacks, which they are already trying, but still, it is better to stay off the grid and at the same time talk about it.

My plan is almost the same as yours, but I don't have any investments in Alts because my experience with them is not good and most of them brought huge losses. So I am just ignoring them.


Title: Re: My Preparations for BTC Halving and bull market
Post by: LittleBitFunny on September 08, 2023, 03:51:00 AM
I am confident that this bull season will be the best so far as it will be initiated by institutional investors.



I have the same belief as you, the upcoming bull season will be the best bull season we have ever had. Many people are humble just to expect bitcoin to hit $100k, and they'll sell it at that price, but for me, I want to sell it over $170k - $200k, that's my goal for bitcoin in the upcoming bull season. Of course, when bitcoin achieves such unimaginable growth, many altcoins will have crazy hype beyond our imagination. But choosing altcoins is not easy, everyone should be careful when investing in altcoins for the next bull season.


Title: Re: My Preparations for BTC Halving and bull market
Post by: mk4 on September 08, 2023, 04:54:59 AM
A lot of times, the markets move in ways we least expect it. Due to a good amount of people that are betting on the halving specifically, I think it probably won't move the way these people are expecting it to.

Either we dump hard, maybe we do a sideways chop, maybe we pump then just end up retracing. Just my guess though.


Title: Re: My Preparations for BTC Halving and bull market
Post by: pooya87 on September 08, 2023, 05:11:40 AM
The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.

Besides there is a high chance that alcoins you are bagholding could get dumped when bitcoin starts rising. It happens to a lot of them since the "investors" sell their coins to go back to bitcoin market and have more liquidity trading bitcoin/fiat pairs. That always dumps altcoins.


Title: Re: My Preparations for BTC Halving and bull market
Post by: fruktik on September 08, 2023, 05:31:55 AM
My plan is almost the same as yours, but I don't have any investments in Alts because my experience with them is not good and most of them brought huge losses. So I am just ignoring them.
In vain you treat alts like that. Here you need to be able to see the situation when it is profitable to invest in the project. For example, it could be a pre-sale moment. In this case, you will have a potential chance to make a good profit. Everything is not so clear.
I can say that you should not focus your attention only on one Bitcoin. The world of cryptocurrencies is diverse and there are many options for earning money. Yes, of course, to a greater extent it is investing and trading, but not only this is the same.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Lakai01 on September 08, 2023, 05:47:34 AM
The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.
-snip-
+1 from me
As an investor perspective, I always have to smile when people refer to their altcoins as a "portfolio". In my opinion, there is no asset class in which there is such a centrally driven dependency - at most the currency market until a few years ago where even a weakening dollar could depress the pairs at least in the short term, but that never lasted.

From an investor's point of view, altcoins are only suitable in the very short term for increasing the inventory of one's own bitcoins, as they definitely have the potential to achieve significantly higher percentage gains (and also regularly prove this in the bull runs). At the latest when the altcoin run cools down, however, it is appropriate to exchange back again, as can be seen here quite nicely in the loss against the ATH in the top 10 (ex. stable coins and Lidos ETH):

https://i.postimg.cc/JzCs4YdQ/screenshot-276.png (http://postimg.cc/JGKrpx8y)
Source (https://cryptorank.io/ath?sort=rank&direction=asc)


Title: Re: My Preparations for BTC Halving and bull market
Post by: Stella Mese on September 08, 2023, 05:48:11 AM
Collecting BTC when the market is bearish is of course a good thing, because if you collect BTC when the market is bearish of course there will be the potential for price increases.

op, you did a great job, and I also have btc ready for the btc halving and subsequent increases.
and I am also the same as you because most of my assets are BTC. op I wish you good luck in your investment and may we all benefit from investing in btc.


Title: Re: My Preparations for BTC Halving and bull market
Post by: HONDACD125 on September 08, 2023, 05:53:28 AM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.
Almost everyone who knows about the crypto currency market is well aware that after some time the bull season can begin. At this time, the prices of Bitcoin and other crypto currencies have dropped significantly. There are coins that have dropped more than 90%, but people are still not buying. I think we don't like cheap things and when the same things become expensive we start buying them. Then many blame the crypto currency market or Bitcoin that it is harmful to invest in it.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

Of course, if one invests for the long term, he should keep his assets in cold storage. Long term investment should not be kept in exchanges. Often times the market prices rise, in which case you are not tempted to make a small profit and you keep it for long term. Like you, most investors have set their own goals for selling their assets, in order to get a good profit. You have adopted the best strategy for the next bull season which is likely to bring you good profits.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Rikafip on September 08, 2023, 06:23:26 AM
@OP I have the similar plan (minus such a big exposure to altcoins which is a serious gamble) before every bull run but when bitcoin reaches the price I am waiting, I usually sell way less than I thought I will. Let's see what happens when/if bitcoin reaches $100k and whether I sell the amount I initially planned.


For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.
ETH is still above its 2018 ATH (~$1400 in 2018 vs ~$1600 now) so I don't know how you came to that. Unless you meant ETH/BTC.


Title: Re: My Preparations for BTC Halving and bull market
Post by: EarnOnVictor on September 08, 2023, 06:48:45 AM
This sounds like a good plan and most of them are part of my current plans towards the big tradition, and I've been executing them since last year. Bitcoin is a very good investment, and whether anyone likes it or not, it will not make you lose eventually but one should be careful at the striking price too so that you will not miss the opportunity of buying at lower prices.

This is why I came up with the idea of buying any amount that I could spare instead of saving it in my bank account, and as the money came in I made the plans a reality. This has actually helped me to stop wasting money on frivolities and I'm surprised at the amount I've accumulated so far.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Poker Player on September 08, 2023, 07:01:56 AM
Yeah, well, I guess I am "preparing" as well, as I keep accumulating but it's so routine that I wouldn't call it preparation.

As you know bitcoin halving is a few months away (first quarter 2024)...

According to Bitcoin Halving Countdown (http://), it will be in the second quarter, but some other site (https://www.bitdegree.org/halving/next-bitcoin-halving-dates) gives it as early as March.

A lot of times, the markets move in ways we least expect it. Due to a good amount of people that are betting on the halving specifically, I think it probably won't move the way these people are expecting it to.

Either we dump hard, maybe we do a sideways chop, maybe we pump then just end up retracing. Just my guess though.

You may be right, and it should be taken into account, but I personally rule out a catastrophic scenario, such as not beating the $69K ATH. I think we will pass $100K, and then we'll see. If it's a bad cycle we'll get below that figure soon.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Z390 on September 08, 2023, 07:08:50 AM
The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.

Besides there is a high chance that alcoins you are bagholding could get dumped when bitcoin starts rising. It happens to a lot of them since the "investors" sell their coins to go back to bitcoin market and have more liquidity trading bitcoin/fiat pairs. That always dumps altcoins.
There is a higher chance of having more Bitcoin with the help of these so called shitcoins of yours, the goal is never to get married with these altcoins but to use their profits to gather more Bitcoin, altcoins have given me better ROI in this bear market than Bitcoin, we all have our ways with hunting altcoins, and the risk are there but worth it.

I can name over five altcoins that have 10x or more between 2022 and this 2023, The best game with altcoins is getting into them early, through Seedify for example, I mean if you have joined all the projects launch on seedify since the beginning of this bear market you should have a different story to tell about altcoins.


Title: Re: My Preparations for BTC Halving and bull market
Post by: virasog on September 08, 2023, 07:14:58 AM
@OP I have the similar plan (minus such a big exposure to altcoins which is a serious gamble)

As i told you in my post, only 30 percent of my portfolio goes in the altcoins and the majority of them are large cap coins like Eth, XRP etc. Yes, I do include some low caps too but if you like or deny it, the altcoins do give big returns in the bull season. Yes, I know the risk that is why my exposure to each altcoin is very little so if any of the altcoin project fails, it won't have much effect on my portfolio.

Rest, I know bitcoin should be our focus and 70% of my portfolio stays in bitcoin.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Die_empty on September 08, 2023, 07:48:05 AM
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
Having a clear plan is important in investment like bitcoin, it helps you not to follow the crowd or be moved by FUD. I also like your target because it is realistic and void of greed. My target is more than that because I also bought when the price was higher than the current price. I am also planning beyond the having because bitcoin for me is a lifetime investment.

@OP I have the similar plan (minus such a big exposure to altcoins which is a serious gamble)

As i told you in my post, only 30 percent of my portfolio goes in the altcoins and the majority of them are large cap coins like Eth, XRP etc. Yes, I do include some low caps too but if you like or deny it, the altcoins do give big returns in the bull season. Yes, I know the risk that is why my exposure to each altcoin is very little so if any of the altcoin project fails, it won't have much effect on my portfolio.

Rest, I know bitcoin should be our focus and 70% of my portfolio stays in bitcoin.
As much as you know the risk involved in keeping these altcoins and you can sustain the loss without sinking your finances, it's okay. The profits from altcoins are very attractive but the loss can be devastating. Not everyone is are high-risk taker, hence bitcoin is their only option.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Sim_card on September 08, 2023, 08:10:05 AM
This is the plan of most investors but let's not get too excited and miss out in taking profit from our investment. It is better to have a price target that when bitcoin reaches that price,you should sell because if you are waiting for the new ATH,which nobody can predict the exact price,you might end up not selling till the price of bitcoin goes bearish. This will be a sad experience for those who over planned to see bitcoin price very high before they will sell due to greed. On the other hand if the price did not reach your selling price target,there is no harm for you to continue holding till the next two bull season. I don't know if I will be tempted to sell all my bitcoin portfolio is the price reaches my target or keep some fraction. ::)


Title: Re: My Preparations for BTC Halving and bull market
Post by: TheUltraElite on September 08, 2023, 08:15:59 AM
Hoping for a bull market at the next halving is a good thing but we should be prepared for the bull at any time in the future. The process of halving will come at a time for sure but the selling and buying should continue on their own like always. Keep accumulating as the prices drop and do sell at a profit. The halving time is unpredictable because you never know when the bull starts and when the prices drop.

Keeping a short percentage in the altcoin group is not a bad thing either. They help balance the long term bitcoin with a short term altcoin to sell in the next bull run.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Kaliandra on September 08, 2023, 08:36:00 AM
I think for sure the majority of the forum members here are potentially collecting btc and altcoins or have already collected a lot of bitcoins and altcoins.

and indeed the BTC halving is just around the corner and many people are speculating that crypto prices will soar high in 2024 or 2025.
and honestly, I can't wait for the bull market to happen quickly because I want to quickly get profits from my investment in BTC. hopefully the btc price during the bull run is above $100k.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bayu7adi on September 08, 2023, 09:03:21 AM
I'm still keeping an eye on the market, waiting for a bearish phase before the halving event takes place. I know there are significant events expected in 2024 and 2025, but this isn't just my own plan; many people are preparing for it as well. I believe price drops before pumps often occur during events like these. I'm trying not to rush my decisions to avoid regrets. I'm also following news on Telegram channels discussing Bitcoin movements so I don't miss the moment I'm waiting for.

https://www.talkimg.com/images/2023/09/08/mva6o.png
The time for the halving event hasn't passed yet, so it's not too late to buy Bitcoin. Right now, I'm still enjoying the market's movements.

Currently, I hold Bitcoin, but I've also set aside a substantial amount of FIAT to buy Bitcoin when the market turns bearish. So far, I've received an additional injection of FIAT funds, which has increased my FIAT assets to over 60% at the moment. I won't let the future bull run go to waste.


Title: Re: My Preparations for BTC Halving and bull market
Post by: KiaKia on September 08, 2023, 09:08:43 AM
Is it too late already? I don't think so, it takes only a single day for Bitcoin to lose 40% of it's value and we still have few months before the next halving, That's a lot of time left and anything can still happen.

It's not too late to buy Bitcoin right now or create your own crypto portfolio, Bitcoin can still decline anytime from now and it will drag every other coins along.

What is not adding up with peoples prediction is the adoption rate, we can't compare four years back to today, because now we have ETF approval waiting and more confidence is now on crypto, don't you think it will be hard to see a bigger dump like that of the past years again? I am not saying it's impossible I am just saying there is now strong beliefs in crypto vs the past years.


Title: Re: My Preparations for BTC Halving and bull market
Post by: gunhell16 on September 08, 2023, 09:29:43 AM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

Like you, I'm also excited, and in the few months before Bitcoin halving, I hope that before that day comes, I will have saved the exact amount I want for Bitcoin and even for other cryptocurrencies that I think will also follow with Bitcoin's value rising in the market.

It's also difficult to save in my situation with the amount of my daily expenses, so I also do proper financial management. That's why I also know that many are really expecting good things to happen in the bull run season for those who have holdings in bitcoins and other crypto assets.

So when there is a chance that the value of Bitcoin still falls, I will take the chance to buy more than hold, just like what the others are doing here in this field of crypto business.


Title: Re: My Preparations for BTC Halving and bull market
Post by: noormcs5 on September 08, 2023, 09:44:26 AM
I'm still keeping an eye on the market, waiting for a bearish phase before the halving event takes place. I know there are significant events expected in 2024 and 2025, but this isn't just my own plan; many people are preparing for it as well. I believe price drops before pumps often occur during events like these. I'm trying not to rush my decisions to avoid regrets. I'm also following news on Telegram channels discussing Bitcoin movements so I don't miss the moment I'm waiting for.

https://www.talkimg.com/images/2023/09/08/mva6o.png
The time for the halving event hasn't passed yet, so it's not too late to buy Bitcoin. Right now, I'm still enjoying the market's movements.

Currently, I hold Bitcoin, but I've also set aside a substantial amount of FIAT to buy Bitcoin when the market turns bearish. So far, I've received an additional injection of FIAT funds, which has increased my FIAT assets to over 60% at the moment. I won't let the future bull run go to waste.


Look like you are keeping a majority of your money in anticipation that Bitcoin will dump one last time before the halving, and then you will invest your fiat money in Bitcoin and cryptocurrencies.

I understand that you are taking this step based on the history of bitcoin, Well this is a risky decision because if the history does not repeat itself and the bitcoin price does not dump to your expected levels, then you will miss the rally. It is better to start the DCA now rather than waiting for the more lower prices.


Title: Re: My Preparations for BTC Halving and bull market
Post by: legendbtc on September 08, 2023, 10:00:31 AM
✂️✂️✂️

Keeping a short percentage in the altcoin group is not a bad thing either. They help balance the long term bitcoin with a short term altcoin to sell in the next bull run.

I also don't feel too bad that we have some altcoins in our portfolio because we all know that there will be some altcoins with impressive growth, so it would be a waste to get rid of altcoins during the bull season. But I don't understand why so many people still have a grudge against altcoins, even though I know that it is riskier than bitcoin, but high risk means high profit, all proportional to each other. Bitcoin cannot be more profitable than altcoins these days.


Title: Re: My Preparations for BTC Halving and bull market
Post by: tjtonmoy on September 08, 2023, 10:17:39 AM
I guess I am doing well in my preparation for the next bull market. The current market condition is too complicated for me to do trades. So I am just HODLING. Meanwhile, I am doing DCA every 2 weeks. I guess this is the best option you can choose in this kind of market situation. Not complicated at all. Just buy every 14 days and control my emotions and temptation to sell or buy more for a few profits while if I hodl, I can make a good profit in the long run.

I kept those in a private separate wallet same as you so that I don't interfere with that hodling amount. It's going great. Stop looking at the recent profit and loss and just focus on the future. That's all.



Title: Re: My Preparations for BTC Halving and bull market
Post by: Oshosondy on September 08, 2023, 10:20:56 AM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
This is good. I have many of my assets in bitcoin either. Out of the total that I have, 30% are one different exchanges. After sometimes to halving or immediately after halving, I will go 2x long and leave it for a long time. The remaining 70% are on a multisig wallet because I can not buy a hardware wallet when I have devices that I am using daily which I can use for multisig wallet. The 30% are on my noncustodial wallet for now, I will move it to exchanges when the time comes.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Rikafip on September 08, 2023, 02:36:57 PM
As i told you in my post, only 30 percent of my portfolio goes in the altcoins and the majority of them are large cap coins like Eth, XRP etc.
Yeah I know that 30% of your portfolio are alts but for me that is a huge percentage, and much bigger that I ever had in altcoins (at the moment I am like 95% in BTC, maybe even higher).


Yes, I do include some low caps too but if you like or deny it, the altcoins do give big returns in the bull season.
Some do but many don't and problem is that majority of people have is that they wait for too long to dump and then they end up being bagholders of a shitty project that will never go back to the previous all time high while that is not a problem when you all in bitcoin because even if you don't sell at all time high, there will be another bull run.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Smartvirus on September 08, 2023, 03:12:50 PM
So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.
One of the plans any beginner can have an obviously have things play in there favor is the DCA strategy. You can hardly be wrong about this especially when you have a long term plan for your accumulations. I wouldn’t prefer we consider this whole looking at altcoins but for bitcoin in per se, it works just fine and you don’t need much knowledge to practice it. Just know how to buy and some non custodial or cold wallet storage to hodl it on.

Quote
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.
Sure you’re very much experienced so I wouldn’t say much on the major capped coins but then, I’ve even been failed by those altcoins when I felt I had a good reason to pick them. Can’t trust them one bit, especially when it dumps.

Quote
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.
Well, no bitcoin halving has come without creating a new ATH. It’s okay to hope that history would repeat itself and the market would be kind to us still.


Title: Re: My Preparations for BTC Halving and bull market
Post by: m2017 on September 08, 2023, 04:12:38 PM
~snip
As I understand it, basically all the preparation for BTC Halving is that you have drawn up some kind of action plan, like selling bitcoin for new highs only.

I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

Everything else, like buying btc (and some major cap coins as part of your portfolio) and storing it in a cold wallet, is actually hardly preparation for the BTC Halving, and is, in fact, common practice, even outside of this event.

I believe that as part of preparation (planning), the following point can be added: in what way to sell bitcoin (on which exchange or in another way), in what form to receive and withdraw profits (cash or electronic money). It's a good idea to think through these points so you're ready to act once bitcoin reaches new ATH.


Title: Re: My Preparations for BTC Halving and bull market
Post by: DaNNy001 on September 08, 2023, 04:35:32 PM
✂️✂️✂️

Keeping a short percentage in the altcoin group is not a bad thing either. They help balance the long term bitcoin with a short term altcoin to sell in the next bull run.

I also don't feel too bad that we have some altcoins in our portfolio because we all know that there will be some altcoins with impressive growth, so it would be a waste to get rid of altcoins during the bull season. But I don't understand why so many people still have a grudge against altcoins, even though I know that it is riskier than bitcoin, but high risk means high profit, all proportional to each other. Bitcoin cannot be more profitable than altcoins these days.
Well you won't blame them for thinking that about altcoin considering the way the community here speaks so little about these altcoin but the truth is that not all altcoin are that bad as they do sometimes follow the uptrend during the market bull season and having a couple in your portfolio is worth risking as it will increase your profit that's if they do rise but the risk of them dumping is still there but life is all about risk so it's worth having especially ones that are a little bit reputable.


Title: Re: My Preparations for BTC Halving and bull market
Post by: qwertyup23 on September 08, 2023, 05:17:19 PM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

I do applaud your dedication in this kind preparation for the upcoming fork and bull run.

While it may be true that prices of BTC may increase, I still have yet to prepare my portfolio for this. I should, however, invest more in my cryptocurrencies especially on the amounts that I receive weekly from my campaign signature.

I actually somehow struggle to focus long-term as I always withdraw and use my weekly BTCs in order to convert it to my local currency. I just hope that this will give me that reality-check that I have been longing for me to save and invest my BTCs.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Finestream on September 08, 2023, 05:57:35 PM
Indeed, you have a great preparation for the upcoming bull run. And I think a lot are also doing the same thing as you do. However, the biggest challenge is when the market move sideways for a longer time. If you’re not strong enough, you will end up panic selling some of your stored coins in your portfolio. Because let’s just accept the reality that it’s much easier being said than done. When you get to experience the whole market is against on your plan, you might get into another thinking and eventually change your plan. A lot have fixed plans at the start until the condition of the market start to trigger them.


Title: Re: My Preparations for BTC Halving and bull market
Post by: usekevin on September 08, 2023, 06:07:21 PM
Is it too late already? I don't think so, it takes only a single day for Bitcoin to lose 40% of it's value and we still have few months before the next halving, That's a lot of time left and anything can still happen.

It's not too late to buy Bitcoin right now or create your own crypto portfolio, Bitcoin can still decline anytime from now and it will drag every other coins along.

What is not adding up with peoples prediction is the adoption rate, we can't compare four years back to today, because now we have ETF approval waiting and more confidence is now on crypto, don't you think it will be hard to see a bigger dump like that of the past years again? I am not saying it's impossible I am just saying there is now strong beliefs in crypto vs the past years.


The bitcoin had the next halves in the 6-7 months,So this is crucial time to hold the bitcoin.Many traders will loss their bitcoin before the halves by panic selling with small profit at the minor bull runs.Such panic selling should be avoided by the traders.The bitcoin can be brought at any price,because the all time high is 68k which is very far from the current value.Their will be some decline in bitcoin price from the bear run,use the moment and back to the bitcoin family.All the bitcoin family was depend on the new all time high in the 2024.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Ultegra134 on September 08, 2023, 06:09:53 PM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

I do applaud your dedication in this kind preparation for the upcoming fork and bull run.

While it may be true that prices of BTC may increase, I still have yet to prepare my portfolio for this. I should, however, invest more in my cryptocurrencies especially on the amounts that I receive weekly from my campaign signature.

I actually somehow struggle to focus long-term as I always withdraw and use my weekly BTCs in order to convert it to my local currency. I just hope that this will give me that reality-check that I have been longing for me to save and invest my BTCs.
I've also resorted to Bitcoin holding; more than 60% of my alleged portfolio is made up of Bitcoin, BNB, and stablecoins that I'm using to stake. The latter is a long story on how I ended up having stablecoins in my possession, but I'd prefer not to invest them anywhere else for the time being. I generally stick to signature campaign earnings regarding my Bitcoin accumulation. Personally, I'm more excited during a bear market because I'm taking advantage of the lower prices to acquire more and faster than I would during a bull market. Thus, I'm thinking of the immense capabilities of my investment a few years from now. My DCA is at about $28.000; I'd be extremely satisfied if we even reached $60.000 in the upcoming year or two, or if we simply approached the previous ATH. I'd almost triple my investment, which is insane.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Abu-Naim on September 08, 2023, 06:19:33 PM
So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.
Is it too late to buy?In my opinion, the price of bitcoin is now ok to buy, as the price is still below $30,000.Some of us are still accumulating some amount of bitcoin because we don’t have the opportunity to buy it all at once. I use some of my monthly salary income to buy the little I can and keep buying until I am satisfied, but for now I am still buying and hoping the price will go down a bit before the halving.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Kemarit on September 08, 2023, 06:25:46 PM
Is it too late already? I don't think so, it takes only a single day for Bitcoin to lose 40% of it's value and we still have few months before the next halving, That's a lot of time left and anything can still happen.

As for me and as far as experience goes, yeah it might be too late.
However, even in the bull run you can continue to grow and save Bitcoin specially right after the halving.
So I guess the name of the game is that, the earlier the better. Maybe last year if we start at the last 6 months, and then maybe invested or bought during the lowest low price of $15,500 and the continue till this year, we might have a big amount of Bitcoin in our wallet.
But I guess everyone is very different and as I have said, if you have experience the last bear market and bull run, you could have a idea when to start accumulating Bitcoin in preparation for the next bull run (how time flies, next year we will be at this cycle again).


Title: Re: My Preparations for BTC Halving and bull market
Post by: The Cryptovator on September 08, 2023, 07:32:42 PM
Make your goal and wait until you achieve it, no matter if you need to wait for a long time. The halving isn't something to push the Bitcoin price, technically. It's just all about FOMO, and we don't know if it will work or not. But we need to stick to our target. So we can make profits. I do not fully agree with the OP because I sell when I have decent profits and buy it back in dips. That's how I have been making money from trading. But I trade very rarely because I wait for the dump and capitalise it.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Bananington on September 08, 2023, 08:00:50 PM
Make your goal and wait until you achieve it, no matter if you need to wait for a long time. The halving isn't something to push the Bitcoin price, technically. It's just all about FOMO, and we don't know if it will work or not. But we need to stick to our target. So we can make profits. I do not fully agree with the OP because I sell when I have decent profits and buy it back in dips. That's how I have been making money from trading. But I trade very rarely because I wait for the dump and capitalise it.
When I see post talking about the halving, I just conclude how deficient is is concluded on, because it is just a process to facilitate ease in the system. There's not supposed to be any fuse raised on the issue, because it must happen. The best bet has always and will be to accumulate the percentage you can afford. I wouldn't include a loss probability, but the chance of the halving being profitable in the long run is undisputable.


Title: Re: My Preparations for BTC Halving and bull market
Post by: serveria.com on September 08, 2023, 09:34:50 PM
Waiting for the "bearish event" is not a very good strategy. I can't recall any major bearish events before previous halvings. Either the price will go up and then a correction will follow, so you'll have to buy roughly at the same price as we can see now. This dump or correction can also be very short-lived and can be easily missed. So IMHO it's much better to buy now. Most probably we'll go sideways for some time before the halving.

And yes: get rid of the shitcoins ASAP! 


Title: Re: My Preparations for BTC Halving and bull market
Post by: serjent05 on September 08, 2023, 09:52:28 PM
The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.

Besides there is a high chance that alcoins you are bagholding could get dumped when bitcoin starts rising. It happens to a lot of them since the "investors" sell their coins to go back to bitcoin market and have more liquidity trading bitcoin/fiat pairs. That always dumps altcoins.

I agree that altcoins are subject to pump and dump and the majority of them have no real-life use case at all but I do not remove the possibility of getting profit from these altcoins especially when we happen to learn its pump and dump scheme patterns.  I would also invest in altcoin but I will only put a small amount because the risk is quite huge on this kind of venture.  There is a huge possibility of losing our capital.

But for those investors that can't afford to lose his capital, I would say that better put it all into Bitcoin.


Title: Re: My Preparations for BTC Halving and bull market
Post by: taufik123 on September 08, 2023, 10:28:53 PM
Now it is quite strange to see many people selling their assets cheaply in a bear market like the current one.
Even though as you said, we must prepare everything before the bull market comes back, must prepare a strategy to start collecting Bitcoin and several altcoins that have the potential for the next increase.

The market is getting worse, of course it is a sign that many are selling in panic, we as long-term investors only need to buy it back from weak hands.
Getting at a cheaper price, whales are happy with this condition to collect their assets into more.

The storage required for long-term investment is certainly stored in a secure hardware wallet and not in a centralized Exchange, because the use of a centralized exchange for long-term storage will be at great risk, it is better to learn from previous exchange hacks or manipulations.


Title: Re: My Preparations for BTC Halving and bull market
Post by: serveria.com on September 08, 2023, 10:35:36 PM
Now it is quite strange to see many people selling their assets cheaply in a bear market like the current one.
Even though as you said, we must prepare everything before the bull market comes back, must prepare a strategy to start collecting Bitcoin and several altcoins that have the potential for the next increase.

The market is getting worse, of course it is a sign that many are selling in panic, we as long-term investors only need to buy it back from weak hands.
Getting at a cheaper price, whales are happy with this condition to collect their assets into more.

The storage required for long-term investment is certainly stored in a secure hardware wallet and not in a centralized Exchange, because the use of a centralized exchange for long-term storage will be at great risk, it is better to learn from previous exchange hacks or manipulations.

Not surprising, frankly. Many people are selling just to survive, pay bills etc. Overinvested waiting for the next bullrun and now forced to sell due to cost of living, energy prices going up. Something like this happened during all previous Bitcoin cycles and doesn't surprise me anymore.


Title: Re: My Preparations for BTC Halving and bull market
Post by: panganib999 on September 08, 2023, 10:41:31 PM
It's pretty common for people to jump in late, it's going to be a constant occurrence since after all, there's no end to newcomers as well as people who are not that well-informed about bitcoin. For one thing, at the very least I see this as the industry expanding even more since the influx of newcomers are a great sign that the industry is thriving, on the other hand it's a little too exhausting to tell these people how to invest lol.

At the end of the day we just have to make sure that we're not missing out, that's why investing ahead of the curve is a thing, DCA'ing, HODLing, all that stuff in the mixing pot. If you're doing that, you're already doing better than a large portion of the people in this industry. Take pride in that.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Alpha Marine on September 08, 2023, 10:46:33 PM
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

It's always good to have a plan. Plans may not always work out but without a plan, it means you're planning to fail.
It will be more beneficial if everyone has plans that work for them. This will make it possible for us not only to use spare money to invest, but we'll have money that we've set aside for investing.

When we plan we might get to a stage where you're buying Bitcoin out of luxury because you have the money to. If we just wait to use only spare money we might never get to where we want because it's not every day we get spare money. There's always a use for money.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Dr.Bitcoin_Strange on September 08, 2023, 11:26:04 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

Everybody doesn't have the same approach or strategy for investing in Bitcoin, and not everyone will buy Bitcoin for the first time during the bull season when the price is already rising. I know that so many people are already buying Bitcoin on a DCA strategy and are also preparing for the bull market, just like you. Only an non experience or newbie Bitcoin investor would buy Bitcoin during the bull market because of FOMO which is the major drive of some investors. About two months ago, some members here created a similar topic with their accumulation plans in preparation for the bull market.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Emmanuelex on September 08, 2023, 11:34:31 PM
Good one. I am also accumulating Bitcoin, but slowly. I just have a feeling that there will be a drop in the price post-halving. I think that usually happens before the price takes off to the moon. If it does go down, I might buy heavily, and then start waiting for the main bull run to kick off.


Title: Re: My Preparations for BTC Halving and bull market
Post by: legendbtc on September 09, 2023, 02:52:06 AM
✂️✂️✂️

Keeping a short percentage in the altcoin group is not a bad thing either. They help balance the long term bitcoin with a short term altcoin to sell in the next bull run.

I also don't feel too bad that we have some altcoins in our portfolio because we all know that there will be some altcoins with impressive growth, so it would be a waste to get rid of altcoins during the bull season. But I don't understand why so many people still have a grudge against altcoins, even though I know that it is riskier than bitcoin, but high risk means high profit, all proportional to each other. Bitcoin cannot be more profitable than altcoins these days.
Well you won't blame them for thinking that about altcoin considering the way the community here speaks so little about these altcoin but the truth is that not all altcoin are that bad as they do sometimes follow the uptrend during the market bull season and having a couple in your portfolio is worth risking as it will increase your profit that's if they do rise but the risk of them dumping is still there but life is all about risk so it's worth having especially ones that are a little bit reputable.

Everything has risk including bitcoin and the higher the risk the higher the return. I know many members here don't like when it comes to altcoins, for them bitcoin is like god and there is only one god. But we are here to make profit, not to argue with anyone to prove ourselves right and others wrong. Because that too cannot give us optimal returns, we need to be more open with our investments.

Bitcoin has also been criticized and despised by traditional investors like Warren Buffett or Bill Gates, but we still invest in Bitcoin. Finally, many people are smiling at bitcoin and they don't need to argue with Warren Buffett or Bill Gates, the results speak for themselves. Why don't we do that with altcoins? Criticizing altcoins shows we are just as bad and intolerant as those traditional investors. Altcoins are risky, so invest short term in them, who forces us to hold them long term like bitcoin?


Title: Re: My Preparations for BTC Halving and bull market
Post by: Bazzu on September 09, 2023, 04:55:26 AM
there are bull markets and there are bear markets, and I like both because bull markets always provide profits, while bear markets always provide profit opportunities, because we can buy in bear markets and sell in bull markets.

if you have collected a lot of btc I want to congratulate you and wish you good luck on your investment in crypto.

and I also happen to have collected btc and altcoins in my wallet
and even now I still continue to buy btc and altcoins using the DCA system.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Silberman on September 09, 2023, 05:59:45 AM
there are bull markets and there are bear markets, and I like both because bull markets always provide profits, while bear markets always provide profit opportunities, because we can buy in bear markets and sell in bull markets.

if you have collected a lot of btc I want to congratulate you and wish you good luck on your investment in crypto.

and I also happen to have collected btc and altcoins in my wallet
and even now I still continue to buy btc and altcoins using the DCA system.
You are thinking like an investor and that is a great thing, I often see people complaining about the bear market and how their holdings are worth less than before, and I often think that such people if they do not change the way they think they will not make it far, an investor takes advantage of every opportunity they can find, bear markets are great as they allow you to buy the assets you like for a very low price, so when the bull market finally comes you can decide to sell whenever you want and make great profits anyway.


Title: Re: My Preparations for BTC Halving and bull market
Post by: TheSpiral on September 09, 2023, 06:31:08 AM
All those who wants to make preparations for bitcoin have a favorable time to invest now. Halving duration is unknown that when it will accrue and when it will ends because exact date in not known by anyone so purchase bitcoin now as the price is lower to be afford.

100k$ will be the price to sell bitcoin as if you wait more and the price does not reach much higher as you aspect then all your efforts and wait will remain hope.
Hope for more increase is sometimes possible to move your investment in opposite direction as once the market goes down after halving then there will be more time needed to again reach the extent of 100k$ or more.


Title: Re: My Preparations for BTC Halving and bull market
Post by: lovesmayfamilis on September 09, 2023, 06:43:18 AM
So many expectations for the growth of Bitcoin after the halving reminds me of waiting for the coming of Santa, who will suddenly make everyone rich. Has anyone ever thought that suddenly something might not go according to plan? We have never been able to accurately predict Bitcoin's next move, so why are we confident that everything will be as it was before? I also hope for the best, but follow the saying, “hope for the best, but be prepared for the worst.”


Title: Re: My Preparations for BTC Halving and bull market
Post by: Haunebu on September 09, 2023, 07:24:02 AM
So many expectations for the growth of Bitcoin after the halving reminds me of waiting for the coming of Santa, who will suddenly make everyone rich. Has anyone ever thought that suddenly something might not go according to plan? We have never been able to accurately predict Bitcoin's next move, so why are we confident that everything will be as it was before? I also hope for the best, but follow the saying, “hope for the best, but be prepared for the worst.”
Anything is possible in the extremely volatile world of cryptocurrencies as you mentioned, but investors are usually very optimistic about BTC halving events since they tend to trigger massive bull-runs and history has proven that.

Personally, I advise investing only what you are willing to lose at the end of the day.


Title: Re: My Preparations for BTC Halving and bull market
Post by: noorman0 on September 09, 2023, 07:24:22 AM
I have been accumulating my bitcoins for more than a year now, not thinking at what price to sell them and how. The upcoming ATH is actually not my only hope of cashing out (let's assume it will happen) if my income continues to be as stable as it is now. I'd rather accumulate it, maybe for 1 more halving cycle. But I'm not sure especially if my wife contributed a reason to sell.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Russlenat on September 09, 2023, 09:07:23 AM
Putting your coins in a cold storage is good idea. No matter what happens, do not be tempted to sell everything you have if you don't want to live with regrets in the future. You have started a great plan and I hope no matter how the market behaves, even if it move sideways and does take a long time before it recovers, just stick to your goal and continue DCA while opportunities are still knocking on your door. Bitcoin halving and bull run are fast approaching, soon you will come to reap everything what you have been investing.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bayu7adi on September 09, 2023, 09:19:17 AM
Putting your coins in a cold storage is good idea. No matter what happens, do not be tempted to sell everything you have if you don't want to live with regrets in the future. You have started a great plan and I hope no matter how the market behaves, even if it move sideways and does take a long time before it recovers, just stick to your goal and continue DCA while opportunities are still knocking on your door. Bitcoin halving and bull run are fast approaching, soon you will come to reap everything what you have been investing.
Wouldn't it be wiser to set a target price to avoid getting caught up in the moment? When Bitcoin reaches a new all-time high (ATH), one should consider selling it at a specific price because previous cycles have shown that prices will drop to a certain level again. Rather than continuing to speculate and regret missing out on the bull run, it's better to place a sell order when the signs of a bull run are evident.

In previous halvings, the ATH was $69k, and with each new halving, the prices have become crazier and higher. If the next halving could make BTC reach $100k, selling it at $85k would be a safe choice, preventing greed. It's important to note that there's no guarantee that this scenario will actually occur, so make sure you don't regret it when BTC prices tend to stagnate even after a halving has taken place.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Blitzboy on September 09, 2023, 10:11:35 AM
Putting your coins in a cold storage is good idea. No matter what happens, do not be tempted to sell everything you have if you don't want to live with regrets in the future. You have started a great plan and I hope no matter how the market behaves, even if it move sideways and does take a long time before it recovers, just stick to your goal and continue DCA while opportunities are still knocking on your door. Bitcoin halving and bull run are fast approaching, soon you will come to reap everything what you have been investing.
Wouldn't it be wiser to set a target price to avoid getting caught up in the moment? When Bitcoin reaches a new all-time high (ATH), one should consider selling it at a specific price because previous cycles have shown that prices will drop to a certain level again. Rather than continuing to speculate and regret missing out on the bull run, it's better to place a sell order when the signs of a bull run are evident.

In previous halvings, the ATH was $69k, and with each new halving, the prices have become crazier and higher. If the next halving could make BTC reach $100k, selling it at $85k would be a safe choice, preventing greed. It's important to note that there's no guarantee that this scenario will actually occur, so make sure you don't regret it when BTC prices tend to stagnate even after a halving has taken place.
From a "I-don't-want-to-get-caught-in-the-crypto-race" point of view, your idea does make sense. It's like putting up a "goal post" in a football game to make sure you score, but even the best teams sometimes miss the mark. If we look back at Bitcoin's colorful, if sometimes bumpy, past, your plan might make sense. Remember when Bitcoin was just a few dollars and people sold it because they thought they had won the lottery? Oops... Also, past ATHs like $69k were important, but they were also just small parts of Bitcoin's great story. With each half, there is a new story and a new element of the unexpected. But I'm going to be critical: Putting in an order to sell at $85k? It sounds like leaving a party right when your favorite song starts to play. Just don't be the guy who says, "I could've been a crypto-millionaire!"


Title: Re: My Preparations for BTC Halving and bull market
Post by: fruktik on September 09, 2023, 10:25:38 AM
Not surprising, frankly. Many people are selling just to survive, pay bills etc. Overinvested waiting for the next bullrun and now forced to sell due to cost of living, energy prices going up. Something like this happened during all previous Bitcoin cycles and doesn't surprise me anymore.
Today there is really nothing surprising. It seems to me that this will continue for several more months in a row. Well there are no major events on the horizon other than the acceptance of ETF contracts.
If there is no financial way out, then there is absolutely nothing left to do but sell some of the crypto coins. In my country there is definitely a situation in which prices in stores are rising much faster than wages are indexed. You have to survive somehow, and not live on this income.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Lakai01 on September 09, 2023, 11:10:04 AM
For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.
ETH is still above its 2018 ATH (~$1400 in 2018 vs ~$1600 now) so I don't know how you came to that. Unless you meant ETH/BTC.

Yes, you actually always talk about the BTC pair and never the USD pair in altcoin valuation. And here ETH actually had no ATH in the last bull run:

https://i.postimg.cc/T3zQnMwL/screenshot-277.png (https://postimages.org/)
Source (https://finance.yahoo.com/quote/ETH-BTC/chart?p=ETH-BTC#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-)

By the way, this also applies to many other altcoins (i.e., of course, those that existed in 2018); they were also unable to reach the old ATHs in 2020/2021. This also includes Cardano which, for example, had clearly exceeded the USD ATH from 2018/2019 with over $3, but not in the BTC pair - although Cardano came significantly closer to the ATH than Ethereum.


Title: Re: My Preparations for BTC Halving and bull market
Post by: KingsDen on September 09, 2023, 11:16:48 AM
Bitcoin halving and bull run is not something that takes people unaware. It is something that is announced and something that trends for some years before it happens. But the irony of it is that there are people do not still enjoy the bull run despite being aware of it. This set of people believe that halving could fail to produce a bull run, they are uncertain, but when the bull run starts, they will join in the middle or towards the end.

Yet, there is another set of people who do not know what is halving and they don't care to know. They only troop into the crypto market at the apex of bull run when the wave will be very high in the social media. This set of people are the ones that are always the victim of bull run. They will not exit before the bear market will hit them hard. It is important for every member of this forum to prepare for the up coming bull run in order not to be taking unaware.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Sanitough on September 09, 2023, 11:25:22 AM
So many expectations for the growth of Bitcoin after the halving reminds me of waiting for the coming of Santa, who will suddenly make everyone rich. Has anyone ever thought that suddenly something might not go according to plan? We have never been able to accurately predict Bitcoin's next move, so why are we confident that everything will be as it was before? I also hope for the best, but follow the saying, “hope for the best, but be prepared for the worst.”
Anything is possible in the extremely volatile world of cryptocurrencies as you mentioned, but investors are usually very optimistic about BTC halving events since they tend to trigger massive bull-runs and history has proven that.

Personally, I advise investing only what you are willing to lose at the end of the day.
Bitcoin halving still cannot guarantee us that everything will end up rising. Who knows if history will never  repeat itself, and it might end up the opposite way far from our expectation. Investing in bitcoin and preparing for a bitcoin halving is always good, but we should never forget to always invest with high caution. Invest at your own risk, so that if things fall out from the original plan, you will never see yourself in a worst situation.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Smartvirus on September 09, 2023, 12:31:10 PM
Bitcoin halving and bull run is not something that takes people unaware. It is something that is announced and something that trends for some years before it happens. But the irony of it is that there are people do not still enjoy the bull run despite being aware of it. This set of people believe that halving could fail to produce a bull run, they are uncertain, but when the bull run starts, they will join in the middle or towards the end.
Talking about announced in terms of the bullrun, I suppose you don’t mean it like we have in the halving which comes with more specification on when, the dates and even time. The bullrun is just a proven scenario that plays out with the bullrun but then, it’s off point have got zero specification to it, you only get to notice it as it goes with the continued up trend and price appreciation. A time you’re asked to buy, when it’s growing but, I agree with you that some would still miss out. Those who are always expecting the coin to dump some more and even when it does, they still hope it dumps a little more and forget that, it’s a bullrun taking shape and every little drop is responder with a leap in $1000 of sats.

Some would even buy at the peak but of course, it would serve them right with the many opportunities they are letting slide by just now.


Title: Re: My Preparations for BTC Halving and bull market
Post by: kryptqnick on September 09, 2023, 01:41:14 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
People do often buy when the price is suddenly getting higher, and then don't have the patience to wait for several more years for their mistake to become something more positive. So your plan, op, is very responsible. I don't believe that halving is responsible for the bull market, but I do believe we're likely to see the bull market around Q4 2024, so prepping ahead makes sense to me.
I wonder what you mean by it becoming the best bull season, though. Is it by market cap that Bitcoin gains, or is it by the multiplier of the price? Because if it's the latter, I don't think we'll see anything beyond 2-3x rise above the previous ATH this time, with or without institutional investors. As the market capitalization is getting bigger, Bitcoin is clearly growing slower in price.


Title: Re: My Preparations for BTC Halving and bull market
Post by: abel1337 on September 09, 2023, 02:08:22 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
People do often buy when the price is suddenly getting higher, and then don't have the patience to wait for several more years for their mistake to become something more positive. So your plan, op, is very responsible. I don't believe that halving is responsible for the bull market, but I do believe we're likely to see the bull market around Q4 2024, so prepping ahead makes sense to me.
I wonder what you mean by it becoming the best bull season, though. Is it by market cap that Bitcoin gains, or is it by the multiplier of the price? Because if it's the latter, I don't think we'll see anything beyond 2-3x rise above the previous ATH this time, with or without institutional investors. As the market capitalization is getting bigger, Bitcoin is clearly growing slower in price.
From my experience, the bull market shows it's signs months after the halving. Actually, I'm expecting it to come months after this halving because I believe that it is the pattern that the market is following. So my personal plan is to collect as many crypto as I can in our current season to be ready for the bull market in 2024/2025.

I believe that massive adaptation can boost bitcoin growth with the help of institutional investors and also for it to hit at least 5x from it's ATH in the next bull market. The higher that bitcoin hits it's all time high is the harder for it to gain multiple of its amount.


Title: Re: My Preparations for BTC Halving and bull market
Post by: fuguebtc on September 09, 2023, 02:08:43 PM
So many expectations for the growth of Bitcoin after the halving reminds me of waiting for the coming of Santa, who will suddenly make everyone rich. Has anyone ever thought that suddenly something might not go according to plan? We have never been able to accurately predict Bitcoin's next move, so why are we confident that everything will be as it was before? I also hope for the best, but follow the saying, “hope for the best, but be prepared for the worst.”
Anything is possible in the extremely volatile world of cryptocurrencies as you mentioned, but investors are usually very optimistic about BTC halving events since they tend to trigger massive bull-runs and history has proven that.

Personally, I advise investing only what you are willing to lose at the end of the day.
Bitcoin halving still cannot guarantee us that everything will end up rising. Who knows if history will never  repeat itself, and it might end up the opposite way far from our expectation. Investing in bitcoin and preparing for a bitcoin halving is always good, but we should never forget to always invest with high caution. Invest at your own risk, so that if things fall out from the original plan, you will never see yourself in a worst situation.

Optimism is good, but don't put all your faith, expectations and assets in bitcoin, that's the approach I took for myself. The future is unpredictable and sometimes will not turn out as we expect so I always prepare myself a backup plan. In case bitcoin does not increase in price and the market is no longer potential. I will immediately start looking for other avenues, other ways to make money because there are many other important things in life besides bitcoin.

My life has improved somewhat thanks to bitcoin, but before knowing about bitcoin I could still live and survive so there is no reason for me to be depressed because bitcoin is not increasing in price.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Haunebu on September 09, 2023, 05:45:06 PM
Bitcoin halving still cannot guarantee us that everything will end up rising. Who knows if history will never  repeat itself, and it might end up the opposite way far from our expectation. Investing in bitcoin and preparing for a bitcoin halving is always good, but we should never forget to always invest with high caution. Invest at your own risk, so that if things fall out from the original plan, you will never see yourself in a worst situation.
It's possible that history won't repeat itself and a bloodbath could take place, but the chances of something like that happening are on the lower side based on my extensive research.

I advise investing in less popular coins/tokens that have a solid foundation since they could explode in value thanks to the halving event.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Ziskinberg on September 10, 2023, 12:20:59 PM
Bitcoin halving still cannot guarantee us that everything will end up rising. Who knows if history will never  repeat itself, and it might end up the opposite way far from our expectation. Investing in bitcoin and preparing for a bitcoin halving is always good, but we should never forget to always invest with high caution. Invest at your own risk, so that if things fall out from the original plan, you will never see yourself in a worst situation.
It's possible that history won't repeat itself and a bloodbath could take place, but the chances of something like that happening are on the lower side based on my extensive research.

I advise investing in less popular coins/tokens that have a solid foundation since they could explode in value thanks to the halving event.
Although we could say that the market behavior had already changed and shown something different trend unlike before but I still believe that not all the time we see the market is in a bloodbath. We currently experienced a huge price fall over a month already but this won't say that we will experience like this until the end as I was sure that the market would recover. It is all about faith and we can't be hopeless either knowing that there is always sunshine after the rain.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Fivestar4everMVP on September 10, 2023, 12:51:39 PM

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Have you done any research to know what was the real driver of the 2020/2021 bull run?, well, if you haven't, I have, and I will like to let you know what institutional investors coming into crypto and investing heavily was the real driver of the last bull season we had ..

Now, speaking of the supposed coming bull run, we have only one thing we are sure about, and several things we are not sure about ..

Now, what are we sure about ?? - we are sure of when the next Bitcoin halving will occur, there is a date and time fixed for this event, so every one of us can indeed monitor and watch the event take place ..

Things we are not sure about is ..
1. If there will be another bull run .
2. When the next bull run will be if there is going to be another .
3. What the new all time high for Bitcoin will be .

I say this things because, it is high time we all begin to realize that bull run are not tied to Bitcoin halving, That is, it is not a mandate that there must always be a bull run or season any time Bitcoin halves, so in as much as it is not wrong to invest in Bitcoin, please do so with the right mindset, and also only invest what you can afford to lose....



Title: Re: My Preparations for BTC Halving and bull market
Post by: Bitstar_coin on September 10, 2023, 01:08:33 PM
I don't see why the tradition of bull run after btc halving will change, I know it will happen, lots of speculations from big names already in the open. Besides, if btc can dump more than 30% from previous ath I don't see why it should trade at this current price even after btc halving.

And yes, I also have my target point to sell, there is no doubt btc will surpass previous ath, and I don't want to play the diamond hand when I can easily flip my btc position with such given opportunity. Lots of price speculation but I want to be in that moment first then everything else will be a breeze  8)


Title: Re: My Preparations for BTC Halving and bull market
Post by: Blitzboy on September 10, 2023, 02:43:10 PM

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Have you done any research to know what was the real driver of the 2020/2021 bull run?, well, if you haven't, I have, and I will like to let you know what institutional investors coming into crypto and investing heavily was the real driver of the last bull season we had ..

Now, speaking of the supposed coming bull run, we have only one thing we are sure about, and several things we are not sure about ..

Now, what are we sure about ?? - we are sure of when the next Bitcoin halving will occur, there is a date and time fixed for this event, so every one of us can indeed monitor and watch the event take place ..

Things we are not sure about is ..
1. If there will be another bull run .
2. When the next bull run will be if there is going to be another .
3. What the new all time high for Bitcoin will be .

I say this things because, it is high time we all begin to realize that bull run are not tied to Bitcoin halving, That is, it is not a mandate that there must always be a bull run or season any time Bitcoin halves, so in as much as it is not wrong to invest in Bitcoin, please do so with the right mindset, and also only invest what you can afford to lose....


A link doesnt automatically imply a causation. Geopolitical events, technological improvements, and market sentiment can affect market movement. Your prediction about bull runs' uncertain future is correct. Even though the Bitcoin halving event and timing are known, tying it to a bull run may be too straightforward. Bitcoin is a volatile market with no algorithm or formula that can predict the future. Thus, investors should only risk what they can afford. Can you explain how buyers should prepare for these unknowns?


Title: Re: My Preparations for BTC Halving and bull market
Post by: bitLeap on September 10, 2023, 02:52:45 PM
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
What about the latest news from FTX which has been given permission by the court to liquidate its assets totaling more than $3.4 billion and the sales process will be done in stages every week, namely selling assets of around $200 million. At the same time, this is also a threat or blessing for us smallholders if we really have cold funds to accumulate. Then this moment will increasingly make the bitcoin ETF initiated by Blackrock et al buy at cheap prices. So are you ready for this massive sale to maintain your confidence in Bitcoin's ATH?

Following are some of the assets that will be liquidated.
https://i.ibb.co/YWXkLFh/image.png
https://twitter.com/WhaleChart/status/1700490945471414690


Title: Re: My Preparations for BTC Halving and bull market
Post by: Lida93 on September 10, 2023, 03:46:45 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
Putting down a prepared plan on how you'll be accumulating your portfolio  that you can make big profit in the next bitcoin ATH is also tied to your source of income, how steady it is and how much is left on you when you take away a spare amount for your investment plan. Your plan is good but it may not work for those with low income, except they wanna starve while stacking.

And I think a good portfolio plan towards the ATH is one invested only in bitcoin, those altcoins ain't dependable and the risk is that they may not pump along with bitcoin when the ATH eventually take place. I don't really see investment in altcoins as reliable one counting the risk involved with alts.

Am going to agree with you that in the aspect of not selling in a hurry when the bull arrives and also buying in within such period too is not duly profitable compared to buying now in the dip.


Title: Re: My Preparations for BTC Halving and bull market
Post by: eightdots on September 10, 2023, 04:07:25 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

People who act in a planned manner usually achieve their goals. People who buy coins after the bull season comes also make a profit. Not everyone's economic conditions are the same, so not everyone can afford to buy coins now and wait. So I can't blame them. We can enter the crypto market early or late. We can make a profit in both options. Those who invest early and save coins, of course, make more profit. If they can manage to wait. However, some people can buy crypto with large amounts of money and earn more profit after the bull season starts. So this may differ from person to person. The crypto market can generate income for every investor.

Another situation is this. People who invest in the long term and say they will not sell Bitcoin before it reaches a certain level are generally more comfortable in the crypto market. Because they generally do not use the money they invest because they have the capital to use when they need it urgently and they can wait for their investments to appreciate. This is a big advantage.


Title: Re: My Preparations for BTC Halving and bull market
Post by: sompitonov on September 10, 2023, 06:52:06 PM
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
What about the latest news from FTX which has been given permission by the court to liquidate its assets totaling more than $3.4 billion and the sales process will be done in stages every week, namely selling assets of around $200 million. At the same time, this is also a threat or blessing for us smallholders if we really have cold funds to accumulate. Then this moment will increasingly make the bitcoin ETF initiated by Blackrock et al buy at cheap prices. So are you ready for this massive sale to maintain your confidence in Bitcoin's ATH?

Following are some of the assets that will be liquidated.
https://i.ibb.co/YWXkLFh/image.png
https://twitter.com/WhaleChart/status/1700490945471414690

If you look at the capitalization of the entire crypto market (currently more than $1 trillion), it seems to me that this won't be a big problem for prices. Moreover, there will always be those who will buy at cheaper prices, this will happen sooner or later. Perhaps even in 2024, after the Bitcoin halving, which will be the reason for the start of a bullish rally. This seems to me the most likely scenario at the moment.

I wouldn't want larger Bitcoin holders such as MicroStrategy, who control 152,800 BTC (which is equal to 0.7% of the total BTC supply) to sell. If several of these large campaigns sell out in a short period of time, it will be a nightmare.


Title: Re: My Preparations for BTC Halving and bull market
Post by: armanda90 on September 10, 2023, 06:53:45 PM
Looks interested with OP preparation for BTC halving will happen in few months later keep accumulate and dominance investing in Bitcoin more than 70%, I have started last five months later and keep left my capital for preparation when Bitcoin suddenly dump and hold it until close with halving for bitcoin chance can raise to $50k. Based on current halving time in last several edition, always promising with Bitcoin will pump drastically and I am so excited with accumulate Bitcoin as many possible in every moment when bitcoin dump. But not all investor braves for investing in Bitcoin actually with moment Bitcoin have down drastically and panic moment for cut loss and sell Bitcoin in lower price. Have chance with bad habit actually with panic moment when investing in bitcoin, no doubt although Bitcoin dropped drastically always has chance for recovering and Bitcoin back to higher price.


Title: Re: My Preparations for BTC Halving and bull market
Post by: so98nn on September 10, 2023, 07:17:33 PM
I’m pretty sure the upcoming halving is going to be more intense. This is in terms of having strong bull run since we have more adoption of bitcoin as compared to what we had in the previous halving cycle. Not just that we also had very less active investors and miners 4 years ago. The spiked numbers are surely going to have positive effects on how things work in the upcoming halving process. The mining machines have developed lot better so mining isn’t going to stop at all if someone says that next halving going to make the rewards go even shorter and mining more “un-profitable”. But as stated we have more powerful ASICS, more investors, more money flooding in the zone so this going in the correct direction for sure.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Agbe on September 10, 2023, 09:10:06 PM
I think everyone is preparing for the bull and that is why the accumulation of bitcoin is high this days. Anyone who is buying bitcoin at the bull market is a long term investor and he is planning to keep for next bull market again. Bitcoin now is bull upon bull when one bull end another bull begins in the next four years. The halving that is will be great and people are keeping it on their watchlist to experience it. To partake in the long waiting bull market, you have to put it into action from now, that is you have to start buying from now that the market is still at the low level.


Title: Re: My Preparations for BTC Halving and bull market
Post by: molsewid on September 10, 2023, 09:51:02 PM
I’m pretty sure the upcoming halving is going to be more intense. This is in terms of having strong bull run since we have more adoption of bitcoin as compared to what we had in the previous halving cycle. Not just that we also had very less active investors and miners 4 years ago. The spiked numbers are surely going to have positive effects on how things work in the upcoming halving process. The mining machines have developed lot better so mining isn’t going to stop at all if someone says that next halving going to make the rewards go even shorter and mining more “un-profitable”. But as stated we have more powerful ASICS, more investors, more money flooding in the zone so this going in the correct direction for sure.
I agree, those who are still don't have time to buy bitcoin can still buy bitcoin like me,even for a small portion little by little every time I got my salary I am buying bitcoin since I can't buy a whole of it. I wonder how much or how high it could go up next year. I am planning to buy altcoins as well so that I can leave it my wallet and come back again next year. I am hoping for a best bull run next year.


Title: Re: My Preparations for BTC Halving and bull market
Post by: carlfebz2 on September 10, 2023, 09:58:25 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
Did actually made the same move or thing on which i did bought my hardware wallet and transfer all of my coins there so that i wont really be able to touch it up in case if there would some pumps like x2 or even x3

because im quite that impulsive when it comes if in talks about short term pumps which i do immediately having that kind of impression on which selling out and secure profits.Its true that there might be some
more possible dumps that could happen along the way considering that we are still approaching halving event and the price isnt that moving that much and having some small increments of decreasing price
which it might be getting even more worst or lower on the time comes or even with this year or early months of 2024 which we know that it is really that near on halving period.

We to those people who do have experience and have been on this market for a while now does really know on how this market behaves in terms of pattern or whatever correlated aspect.
Instead on freaking out yourself on the time that it dumps, it would be wise on seeing this as an opportunity for you to get in instead.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bayu7adi on September 10, 2023, 10:26:09 PM
I think everyone is preparing for the bull and that is why the accumulation of bitcoin is high this days. Anyone who is buying bitcoin at the bull market is a long term investor and he is planning to keep for next bull market again. Bitcoin now is bull upon bull when one bull end another bull begins in the next four years. The halving that is will be great and people are keeping it on their watchlist to experience it. To partake in the long waiting bull market, you have to put it into action from now, that is you have to start buying from now that the market is still at the low level.
However, I believe that buying Bitcoin during a bullish market will only entail waiting for uncertainty. It is of utmost importance for a trader to employ a Dollar Cost Averaging (DCA) strategy when entering at elevated price points. With the assistance of DCA, your BTC purchase price gradually decreases, allowing you to sell at a slightly lower price than your initial purchase while still turning a profit.

As long as you sell above the average price established through your DCA mechanism, it seems that the opportune moment to sell for a profit arrives more swiftly.


Title: Re: My Preparations for BTC Halving and bull market
Post by: G_Besar on September 10, 2023, 11:05:25 PM
A link doesnt automatically imply a causation. Geopolitical events, technological improvements, and market sentiment can affect market movement. Your prediction about bull runs' uncertain future is correct. Even though the Bitcoin halving event and timing are known, tying it to a bull run may be too straightforward. Bitcoin is a volatile market with no algorithm or formula that can predict the future. Thus, investors should only risk what they can afford. Can you explain how buyers should prepare for these unknowns?

Being prepared to face the unknown is being prepared to withstand any risk if it comes in the future, because as you said it is also logical enough for investors to understand, where they only have to take risks based on the abilities they have. It doesn't make it forced, because this is about market conditions whose certainty is still unknown even though there are many people who already know what events can affect the market and you have also mentioned some of these things.

However, things that have been predicted can still change because as we know, price and market predictions are initial guesses from research by experts and also each person based on what they have experienced before, although there is no complete guarantee that this will happen. -Things that have happened can be repeated more easily in the market because we are always in different years with different events, even though the names for each event may not be much different.


Title: Re: My Preparations for BTC Halving and bull market
Post by: PX-Z on September 10, 2023, 11:14:32 PM
That's good plan. Anyone who have preparations such as this are sure ready for upcoming halving. I never think anything like that aside from holding BTC on my wallet, my HW is not working anymore so i just keep it the way i do it currently.



Title: Re: My Preparations for BTC Halving and bull market
Post by: AmoreJaz on September 10, 2023, 11:18:27 PM
A link doesnt automatically imply a causation. Geopolitical events, technological improvements, and market sentiment can affect market movement. Your prediction about bull runs' uncertain future is correct. Even though the Bitcoin halving event and timing are known, tying it to a bull run may be too straightforward. Bitcoin is a volatile market with no algorithm or formula that can predict the future. Thus, investors should only risk what they can afford. Can you explain how buyers should prepare for these unknowns?

Being prepared to face the unknown is being prepared to withstand any risk if it comes in the future, because as you said it is also logical enough for investors to understand, where they only have to take risks based on the abilities they have. It doesn't make it forced, because this is about market conditions whose certainty is still unknown even though there are many people who already know what events can affect the market and you have also mentioned some of these things.

However, things that have been predicted can still change because as we know, price and market predictions are initial guesses from research by experts and also each person based on what they have experienced before, although there is no complete guarantee that this will happen. -Things that have happened can be repeated more easily in the market because we are always in different years with different events, even though the names for each event may not be much different.

to be honest, individuals who can store their bitcoin long-term without much problem of waiting are the ones who are financially stable. it means, they are not depending on this investment for potential emergencies, because they have other means. well, lucky for them because not so many bitcoin holders can have such capability.
but if you have funds and you strongly believe on this market, why not? in time, you will reap your rewards if all goes well with your predictions.


Title: Re: My Preparations for BTC Halving and bull market
Post by: romero121 on September 10, 2023, 11:39:03 PM
Investing into bitcoin is risk free, and gives the best profit. How can this be achieved is a an unknown myth. Based on my understanding whether the market is predicted to be bullish or bearish we should have the positive thinking. When we stay positive our act should be the same. For this it is always good to keep ourselves prepared to face the worst market situation. When we've kept our portfolio ready to face any form of fluctuations we can stay successful in the market.

Every halving used to bring bullish move in the market. Considering it, accumulating as much possible is good. However we should also be cautious while doing it. While spending the spare money no need to panic, if we're spending the money allocated for something else we need to be observing the market closely to book the profit and take the profit leaving the capital.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Dzwaafu11 on September 11, 2023, 04:57:31 AM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

You have a very good plan, and I think it is a good idea to invest 70% of your portfolio in bitcoin because that is where we all know we are and the one we think is the safest one. However, I think investing in other altcoins, as you said, is not a good idea for me because all these coins follow the bitcoin price. If the bitcoin dumps more, they will also do the same, and if it pumps seriously, that’s where we have problems. Sometimes some of these coins did not go high, and from there, I believe you will start thinking about why you chose those coins the first time because even some coins you thought would go high during the halving may decline in the market, so I think investing in only bitcoin will be the wisest idea.


Quote
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

If you still have the money right now, we still have the opportunity to buy more bitcoin, or did you think it would dump more? Nah, mate, I don’t think so, so you can see that all this while bitcoin has been dumping is still $25k, but let's see, the market is unpredictable; anything can happen; let’s just hope for the better.

However, I have never experienced the bull run before, but as it’s now serious, I’m well prepared, as I’ve bought some bitcoins and am still buying them once in a while, and I don’t think I will stop investing till I see the market go above $30k. That is when I think I will stop buying bitcoin as my plan, even though I know and I can see other people have been saying they think the price may be more than $100k or even more than that when the bull comes, which I believe will happen.


Title: Re: My Preparations for BTC Halving and bull market
Post by: DanWalker on September 11, 2023, 05:29:46 AM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.


Title: Re: My Preparations for BTC Halving and bull market
Post by: MFahad on September 11, 2023, 04:57:36 PM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.

Also agreed as we all know the fact that everything possess some sort of risk may be its little of more. Bitcoin is risky investment but not as much as that of altcoins and everyone knows that after reduction there will be promoting worth of bitcoin therefore it is not consider as much risky.

Without the income which government provides for your job everything is full of risk because in government job you will have constant and confirmed payment whereas in the field where you invest will show you reducing value to discourage you.

Like that of bitcoin and gold which are lower in value presently and one who choose these two assets will be agonies about how to recover their cash back.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Casdinyard on September 11, 2023, 05:44:54 PM
The biggest misconception about the bitcoin halving is that it's automatically going to ensue a bull run. The rewards being cut down in half as well as the discoverable supply is good and all that but taking 2020 for example, it's not necessarily enough to put bitcoin at a much better spot.

There are a lot of things at play that would cause bitcoin to increase in value besides the halving, if you'll ask me it's the least of the things that could really affect the people's disposition towards bitcoin. Let's hope a chain reaction happens or something, much like what happened during the best halving as of yet to put us in a more secure situation, otherwise I guess let's just work with what we have lol.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Distinctin on September 11, 2023, 06:00:44 PM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.
We always believed that history will repeat itself that’s why we have this mindset that once bitcoin halving will takes place, all the crypto coins will experience a price high surge. When in reality, there’s no guarantees that the same effect for halving will happen. It could still be the same in the previous halving, or it could start a new outcome that is unexpected. So all we have to do is to prepare for it, not only for the best but also for its worst as we hold no certainties that bitcoin halving will still bring a lot of profits.


Title: Re: My Preparations for BTC Halving and bull market
Post by: sompitonov on September 11, 2023, 08:39:29 PM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.
We always believed that history will repeat itself that’s why we have this mindset that once bitcoin halving will takes place, all the crypto coins will experience a price high surge. When in reality, there’s no guarantees that the same effect for halving will happen. It could still be the same in the previous halving, or it could start a new outcome that is unexpected. So all we have to do is to prepare for it, not only for the best but also for its worst as we hold no certainties that bitcoin halving will still bring a lot of profits.
It will be very interesting to see what happens if there is no growth after the halving. But unexpected things always happen in the market, so it will definitely happen sooner or later. There is even a short joke among traders on this topic:
- Do you know what is written on the traders’ grave?
- What?
- I see this for the first time.

This is of course dark humor, but there is some truth in it. Of course, I wanted the cycles to repeat like the previous halvings, but we will only find out with time. There will also be those who will bet a fortune on repeating the cycle, and they will lose everything if this does not happen.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Odohu on September 11, 2023, 10:47:14 PM
The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.

Besides there is a high chance that alcoins you are bagholding could get dumped when bitcoin starts rising. It happens to a lot of them since the "investors" sell their coins to go back to bitcoin market and have more liquidity trading bitcoin/fiat pairs. That always dumps altcoins.
I agree with you completely; a lot of people have not really come to terms that Bitcoin is the real deal. Maybe they are swayed by the promised huge profits that always end up being a mirage. To further add to what you said, just this year there was halving in Litecoin (LTC) and there was practically no effect on the market.


We always believed that history will repeat itself that’s why we have this mindset that once bitcoin halving will takes place, all the crypto coins will experience a price high surge. When in reality, there’s no guarantees that the same effect for halving will happen. It could still be the same in the previous halving, or it could start a new outcome that is unexpected. So all we have to do is to prepare for it, not only for the best but also for its worst as we hold no certainties that bitcoin halving will still bring a lot of profits.
There is a high chance the halving will surely have effect. The market is driven by demand and supply and when the demand is higher or there is a drop in supply, the market will respond accordingly.What I'm saying is that the halving will create a reduction in supply (this time, block reward) and this will invariably cause a rise in price. Besides, Bitcoin is also influenced by news, so the news around the halving is enough energy to propel huge influx of capital which will correspond to a rise in price. Therefore, there is a huge tendency we might be seeing a surge in price following the halving event.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Ojima-ojo on September 11, 2023, 11:24:35 PM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.
This rush buy order during bull market is one of the evedent feature of weak hands,  who does not have the mental capacity to analyze the Bitcoin market on a long term base because buying Bitcoin when the price is already on uptrend to a certain degree were it could be call a possible bull market places you at risk of possible lost.


And if care is not taken,  it will take the investor a very long time before he could recover his invested capital before he starts talking about gains,  so is very important to have that in mind before their decide to buy at the top,  but anyone that is wise and take bitcoin as a long term investment,  will accumulate Bitcoin over time,  and always take advantage of discount market to make each purchase.
Quote
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
I started my bitcoin accumulation journey over a year ago,  and up until this point,  I have never considering diversifying my portfolio and with my current bitcoin balance,  I am ready for the next bull market to take maximum profits at the top.


This is the best advantage of the DCA approach,  it allows you to buy Bitcoin with the smallest amount and accumulate on a long-term basis.


Title: Re: My Preparations for BTC Halving and bull market
Post by: dunfida on September 12, 2023, 01:50:09 AM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.
We always believed that history will repeat itself that’s why we have this mindset that once bitcoin halving will takes place, all the crypto coins will experience a price high surge. When in reality, there’s no guarantees that the same effect for halving will happen. It could still be the same in the previous halving, or it could start a new outcome that is unexpected. So all we have to do is to prepare for it, not only for the best but also for its worst as we hold no certainties that bitcoin halving will still bring a lot of profits.
This is what we do have in mind is on which we do really believe that there's a cycle on this market on which if theres bear market then there's definitely a bull one. It did really just turn out that people would really be starting on having doubts on the time that they would really be experiencing long time recovery or havent been seeing some significant movement in the space on which it would really be resulting that kind of emotion which it isnt really that new anymore. Now that we are fast approaching on halving event of Bitcoin then this is where bullish sentiments would be coming out.

Preparations? Then it would really be just wise that you should really be buying now since the price isnt really that high yet and this is the most sensible thing to be done. People would really be starting on FOMO
on the time that the price is starting to climb up but they should have done this thing earlier. Its always been like this where regrets do always come at the end and having that kind of regret
but actually we are on the situation on which this is the ideal spot for you to get in.


Title: Re: My Preparations for BTC Halving and bull market
Post by: xSkylarx on September 12, 2023, 02:07:30 AM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.
We always believed that history will repeat itself that’s why we have this mindset that once bitcoin halving will takes place, all the crypto coins will experience a price high surge. When in reality, there’s no guarantees that the same effect for halving will happen. It could still be the same in the previous halving, or it could start a new outcome that is unexpected. So all we have to do is to prepare for it, not only for the best but also for its worst as we hold no certainties that bitcoin halving will still bring a lot of profits.

As long as the money you put into it is what you can afford to lose then it is good to take the risk. There have really always been surges in the past halving on Bitcoin that almost all of the crypto goes green and reach their own ATH so because we already predict it even not 100% it is best if we can risk it and try to ride it because if not we will lose the opportunity.

There is no guarantee in our investment but if you don't take a risk and just be scared there will also no guarantee with us to gain profit, so just choose yours if what you want.


Title: Re: My Preparations for BTC Halving and bull market
Post by: BALIK on September 12, 2023, 02:27:01 AM
The only part I don't agree with is buying altcoins and calling it a "portfolio". We all know that all these altcoins depend on bitcoin price and majority of them have absolutely no future even the bigger ones are going to get dumped in the long run. For example the biggest shitcoin called ethereum has not been capable of pumping back to its 2017 highs and has lost about half of its value over the past 6 years. That's contrary to bitcoin that is still above its previous ATH.

Besides there is a high chance that alcoins you are bagholding could get dumped when bitcoin starts rising. It happens to a lot of them since the "investors" sell their coins to go back to bitcoin market and have more liquidity trading bitcoin/fiat pairs. That always dumps altcoins.
I agree with you completely; a lot of people have not really come to terms that Bitcoin is the real deal. Maybe they are swayed by the promised huge profits that always end up being a mirage. To further add to what you said, just this year there was halving in Litecoin (LTC) and there was practically no effect on the market.


I don't care about LTC because it's not worth the investment, but I disagree when pooya87 talks about ETH. I remember that ETH's ATH in 2017 was over 1k$ and ETH's ATH during the 2021 bull season was almost 5k$. Why do you say it can't return to the 2017 high? I agree, most altcoins are gambling not investments but ETH is not like that. You guys are bitcoin maximalists but you shouldn't deny the ongoing truth that ETH has as much potential as BTC. I even bet you two that the profit that ETH brings in the next bull season will be more significant than BTC brings if we calculate from the bottom price of this year's bear season.

People do not accept bitcoin as real, but you two also do not accept that ETH is a coin that is doing very well in the market, we need to be realistic.


Title: Re: My Preparations for BTC Halving and bull market
Post by: OcTradism on September 12, 2023, 02:33:04 AM
I don't care about LTC because it's not worth the investment, but I disagree when pooya87 talks about ETH. I remember that ETH's ATH in 2017 was over 1k$ and ETH's ATH during the 2021 bull season was almost 5k$. Why do you say it can't return to the 2017 high? I agree, most altcoins are gambling not investments but ETH is not like that.
Ethereum is still a risky altcoin even it has many years in the market, went through some bear markets and had some great bull runs.

A biggest risk of Ethereum is its centralization that puts the ETH blockchain under super big risk of being seriously regulated by governments. With its centralized network, transactions can be rolled back like after the DAO hack or censored by their big centralized validators.

If you want something really decentralized, it's only Bitcoin and if one more, it's Monero but not Ethereum.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Bazzu on September 12, 2023, 02:49:31 AM
there are bull markets and there are bear markets, and I like both because bull markets always provide profits, while bear markets always provide profit opportunities, because we can buy in bear markets and sell in bull markets.

if you have collected a lot of btc I want to congratulate you and wish you good luck on your investment in crypto.

and I also happen to have collected btc and altcoins in my wallet
and even now I still continue to buy btc and altcoins using the DCA system.
You are thinking like an investor and that is a great thing, I often see people complaining about the bear market and how their holdings are worth less than before, and I often think that such people if they do not change the way they think they will not make it far, an investor takes advantage of every opportunity they can find, bear markets are great as they allow you to buy the assets you like for a very low price, so when the bull market finally comes you can decide to sell whenever you want and make great profits anyway.

I think there will always be complaints if we buy and after buying the price continues to drop down even though we use the dca system because we won't know to what extent the price will drop, but there are times when the heart becomes doubtful if capital starts to run low even though we bought with the dca system at the time there is a price reduction.

So I think in crypto investment there are always obstacles and hurdles that must be overcome even if a great investor.


Title: Re: My Preparations for BTC Halving and bull market
Post by: YUriy1991 on September 12, 2023, 03:00:39 AM

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

There is huge upside potential, so some see the upside potential as outweighing the risk. But for some traders, the desire for more profits justifies the use of leverage.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

Investing in BTC can be a truly profitable venture for us but only if we do it right and  you have built better patterns and security.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bayu7adi on September 12, 2023, 03:26:45 AM
The crux of the matter is that there's no certainty that a bull run will occur after each halving event, even though historically, a bull run has followed the four-year cycle of halving. However, we cannot guarantee that this cycle will repeat itself in the next halving.

What's on my mind right now is how market manipulators and whales might respond to the increasing number of people preparing for the post-halving bull run. Doesn't a growing anticipation among the masses diminish the element of surprise? After all, Bitcoin's surprises are more fitting when they come unexpectedly.

There is no guarantee in our investment but if you don't take a risk and just be scared there will also no guarantee with us to gain profit, so just choose yours if what you want.
Taking a calculated risk by not going all in, in my opinion, is sufficient for betting on our respective speculations.


Title: Re: My Preparations for BTC Halving and bull market
Post by: summonerrk on September 12, 2023, 04:44:43 AM
~~~

A few weeks ago, we were waiting for the halving of litecoin. Everyone was talking about growth, and that now the price of litecoin will be about $ 300 based on the experience of previous halvings. Three times I have even seen opinions that the price will be about 1000. Before halving, I placed the deferred orders and bought litecoins at a cheap price. As a result, nothing happened on the day of halving. Because everyone was waiting for growth. But in previous cycles, the public was not so sure about the price growth on the day of halving.

Therefore, now, when they talk about halving bitcoin, I am almost sure that practically nothing will happen on this day. After all, it would be too easy for everything to be so predictable in the cryptocurrency market.


Title: Re: My Preparations for BTC Halving and bull market
Post by: ancafe on September 12, 2023, 05:09:56 AM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.
This is a very good idea and holding bitcoin at 70% of the portfolio is very enjoyable and if it can continue to be improved to be more optimal then it will be even better because bitcoin is one of the best investments available. One thing that makes me sure is that you have strong self-confidence as a long-term holder, where you know very well the journey process and highest achievement (ATH). You didn't mention any buying strategy clearly, I assume you use the method of buying when bitcoin goes down and might also need to consider DCA as another method for you. 3 or 4 months into the market if you don't use large capital for purchases then the portfolio you have is not very large now, unless you are trying to buy large amounts from this fairly close period.

Long-term holders don't need to panic even though the market is badly corrected because the idea as long-term holders is just hoping to make a profit at ATH. So stay calm and wait for the cycle to run itself, then we will get the maximum profit as desired, but if you don't have a lot of spare money, maybe you should try the DCA pattern which will be much more optimal.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bitLeap on September 12, 2023, 03:48:19 PM
If you look at the capitalization of the entire crypto market (currently more than $1 trillion), it seems to me that this won't be a big problem for prices. Moreover, there will always be those who will buy at cheaper prices, this will happen sooner or later. Perhaps even in 2024, after the Bitcoin halving, which will be the reason for the start of a bullish rally. This seems to me the most likely scenario at the moment.

I wouldn't want larger Bitcoin holders such as MicroStrategy, who control 152,800 BTC (which is equal to 0.7% of the total BTC supply) to sell. If several of these large campaigns sell out in a short period of time, it will be a nightmare.
Indeed, there will be an impact on market prices, but this will not last long because as we know, ahead of the Halving, people will take advantage of cheap purchases this year. So if this scenario is implemented and FTX sells every week, of course investors who are waiting for momentum will not waste this opportunity. I quite agree with you, large institutions with Bitcoin holdings will control the price but there is nothing we can do but follow their lead while being part of a small percentage of Bitcoin investors.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bittraffic on September 12, 2023, 04:23:24 PM

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.


Title: Re: My Preparations for BTC Halving and bull market
Post by: aoluain on September 12, 2023, 07:21:22 PM

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.

Of course there is a chance of a drop - before or after the halving and actually the markets
usually take a drop after the halving but what follows is usually Bull Bull Bull!

In terms of "My Preparations..." I have been accumulating along with smaller amounts
of selling for different projects or collectibles. Anyone into Bitcoin for at least a reasonable
amount of time will be preparing for this event and a lot will be ready to take profits too.


Title: Re: My Preparations for BTC Halving and bull market
Post by: GbitG on September 12, 2023, 07:23:44 PM
Investing into bitcoin is risk free, and gives the best profit.
Nothing is risk-free, especially when it comes to taking risks. In the crypto space, to stay profitable long-term, you need to understand risk management. In risk management, you have to know about many things to keep on your monitor, such as proper identification, analysis, and evaluation of the place where you have to go for investment. I mean, you have to keep an eye on the exchange where you made the investment. Sometimes there are no such regulatory protections as the registered security rule, which may increase your risk from a safety perspective.
So similarly, when you have to go for investment in Bitcoin, you definitely should monitor all the issues that are in your way from a technical analysis, fundamental analysis, and security perspective.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Zigabel on September 12, 2023, 07:25:54 PM


So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

Talking about plans as it regards preparation for the bull market, one aught to be sure that your plans is also backed up with a sound strategy that is proven to be profitable enough to be added to your plans in preparations for the bull market. This strategy could include the incorporation of indicators, bots and other trading tools so as to get desired results from the strategy of choice to be used.

Furthermore you can go ahead to backtest your strategy on a the charts using any timeframe you find comfortable but I advise you use longer time frames to have clearer insight into how Bitcoin has played out over the time, I will quickly give a sneak peek into my strategy, I will first buy some unit of Bitcoin now then wait until the halving so as to get an idea what the next ATH will be then I will further add up some more units (not a financial advise ) then I hope to take my profit at the new ATH just before the dawn of a bear market again.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bhadz on September 12, 2023, 07:26:39 PM
That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Bazzu on September 13, 2023, 03:29:15 AM
That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.


Title: Re: My Preparations for BTC Halving and bull market
Post by: bitzizzix on September 13, 2023, 03:44:13 AM
That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.
Of course everyone or investors will sell when the price reaches its highest point and make big profits, and as long as you do a good plan like DCA and also buy when the price goes down and sell when the price goes up. Both are the best choices for investing in Bitcoin, because Bitcoin is a promising long-term investment.
And waiting for the next halving is what everyone and investors are waiting for and they are competing to collect more Bitcoin, and my suggestion is that now is still the right time to make purchases and also the right time to increase purchases in the DCA strategy. And you can normalize your purchases when the price of Bitcoin starts to rise, and never panic or be afraid even though the decline continues because in the long term Bitcoin will rise again.


Title: Re: My Preparations for BTC Halving and bull market
Post by: laurenB7742 on September 13, 2023, 03:49:27 AM

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.

Even if the halving takes place, the market will likely decline, don't be too subjective that the halving is approaching and the market will never decrease further.

People are quite naive to think that as the halving approaches, bitcoin will not decrease further due to increased demand. And we are forgetting one thing, in addition to demand, the market is being manipulated by other forces and they always make things go against what the crowd thinks. I still predict that the market still has many corrections and will not recover immediately even when the halving occurs.


Title: Re: My Preparations for BTC Halving and bull market
Post by: kotajikikox on September 13, 2023, 03:58:32 AM
actually you are not preparing for Bull market instead what you did is doing a HODL
that's why you are prepared if ever there is a need for emergency expenses like
having spare funds to use for.
and also since you also have altcoins then you knew that diversification is the best way to perform for this kind of market.
but it is much better if you put those coins here in your post since you already have bitcoin mentioned , there will be no conflict for altcoin mentioning.
That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.
if you are into some kind  of market like crypto , never that you must use PANICKING because with that attitude , surely you will lose.
wrong decisioning will follow from that.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Bitcoin_people on September 13, 2023, 04:38:59 AM
Many studies have shown that Bitcoin will experience a bull market just a few months after its halving in 2024. also, many experts have researched that by 2024/25, the value of Bitcoin will increase rapidly and the market will again make new history. Where the price of Bitcoin reached its all-time high we saw in 2021. So we can expect the Bitcoin price to cross $100k by 2025. That's why my current plan is to buy and hold Bitcoin with whatever money I have and wait for a bull market. I will successfully invest bitcoins and HODL them for a long period of time so that I can make good profit from them. I will invest now and hold until the next bull market, my goal is to make a lot of money and profit from Bitcoin.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Gallar on September 13, 2023, 05:20:59 AM
~Cut

People start buying Bitcoin and cryptocurrencies when a bull market is underway and prices are already high. Some are even afraid of missing out and buy at the peak of the bull market. As a result most people also lose money in the bull season.
Basically, that's the problem. Because when the bitcoin market is bullish, it cannot be denied that there will always be people who experience losses. Because when the market is bullish, there we will all be competing and rushing to sell the bitcoin assets we own. Because if it is too late, the price of bitcoin will definitely decline again, because this is caused by many bitcoin investors selling their bitcoin assets.

Apart from that, when the bitcoin market is experiencing bullishness. At that time, the mentality of bitcoin investors will definitely be tested. Especially for bitcoin investors who no longer have bitcoin assets. It is certain that the hearts and minds of these people will be restless, because these people will be very tempted when they see the high increase in Bitcoin prices. Maybe some people who no longer have bitcoin assets will dare to buy bitcoin when market prices are bullish. And as a result, there are bound to be those who experience profits, and there are also those who experience losses. So in conclusion, don't waste time now. Because as long as the price of bitcoin is not too high, it's best to buy as much as possible.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.
Fortunately, I personally have prepared a plan to welcome the bitcoin halving or bull market. By buying bitcoin last year. So now I just need to wait for the bitcoin halving and bull run market to arrive. So you could say I've calmed down now and would probably add more bitcoin, if I had cold hard cash.


Title: Re: My Preparations for BTC Halving and bull market
Post by: peter0425 on September 13, 2023, 05:41:22 AM
That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.
and with that, let us forget about the panic thing in crypto , because for
how many times from the beginning those who losses are the one who keeps using panic behavior .
and also everyone must learn how to use DCA in all chances.
lucky for me that I know how to keep holding and stay supporting while the market is falling  badly.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Reatim on September 13, 2023, 05:49:59 AM
As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.



actually it is not few months away mate, because we are more than half year before halving so there are more than few months to wait.
but 2024 maybe and will not take 2025, because if this comes in April then we can expect the best result in December or in 4th quarter of 2024.
though I love your way of preparing , I think you can have it grow when the bull rund finally happen .


Title: Re: My Preparations for BTC Halving and bull market
Post by: pawanjain on September 13, 2023, 04:06:25 PM
Pretty decent plan and I am sure you will make great returns if you will be able to hold for the next ATH price.
I have the same plan and I am just waiting for the bull cylce to go nuts and create a new ATH price.
I don't think it will happen soon. It might take more the end of next year to reach previous high levels again.
May be we can see the next ATH price in 2025.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Crypt0Gore on September 13, 2023, 05:30:46 PM
My best advice, in this red market, always have some spare money, some people have already run out of money, they have DCA all they could and they can't anymore, I think this is the different between someone who makes stable income every month compare to someone who make money from unstable sources.

If the projects you are betting your money on are solid you will become a winner, since I've been around crypto for years I don't feel panic like I used to, because I now understand the market better now compared to years before.

Whatever you are planning to do, make sure that before the halving is gone you always have enough money for DCA purposes, your reward will be better than those who DCA twice and waiting on the bull market.

Make sure you don't run out of money.


Title: Re: My Preparations for BTC Halving and bull market
Post by: dezoel on September 15, 2023, 10:14:39 AM
Putting your coins in a cold storage is good idea. No matter what happens, do not be tempted to sell everything you have if you don't want to live with regrets in the future. You have started a great plan and I hope no matter how the market behaves, even if it move sideways and does take a long time before it recovers, just stick to your goal and continue DCA while opportunities are still knocking on your door. Bitcoin halving and bull run are fast approaching, soon you will come to reap everything what you have been investing.
Not only it can discourage us to sell because it's a bit hassle to transfer our coins or to make a transaction but it can also protect our wallets from malicious threats. I think only those who have tons of Bitcoin on them are doing this. This people have a spare fund outside that they can use on emergency situation so they will never sell their coins easily. For those who aren't like that, they can sell when they badly needed a money as they may lack money outside but they won't also regret it because they use the money on important things.

These people can't do a DCA but they will only buy once there is a money available. It's fine. At least they still try their best, than not investing at all. BTC halving is still far and as of now, there is no signs yet of a bull run. It's not a reason though to not get motivated.


Title: Re: My Preparations for BTC Halving and bull market
Post by: inthelongrun on September 15, 2023, 10:30:46 AM
My best advice, in this red market, always have some spare money, some people have already run out of money, they have DCA all they could and they can't anymore, I think this is the different between someone who makes stable income every month compare to someone who make money from unstable sources.

If the projects you are betting your money on are solid you will become a winner, since I've been around crypto for years I don't feel panic like I used to, because I now understand the market better now compared to years before.

Whatever you are planning to do, make sure that before the halving is gone you always have enough money for DCA purposes, your reward will be better than those who DCA twice and waiting on the bull market.

Make sure you don't run out of money.

Yes, it is really better to just make a DCA rather than make a one-time investment. Because we cannot really predict the lowest price of bitcoin it is better to continue accumulating regularly. There are some investors that are buying bitcoin every time it drops big but then it is also 50/50 if it continues to go down or it will start moving upward again. I am doing a regular monthly DCA and I am not stopping until bitcoin surpasses $50k.

I also do not feel any panic this time. What a shame I was brought down by fear a few years ago even though I have seen it in the previous cycles. I guess it is a different learning when we experience it on our own.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Negotiation on September 15, 2023, 12:58:13 PM
That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.
Bitcoin should not be terrified in investing bitcoin is not a stable currency, its price increases for its price rise. There are many investors that they are low in the price, so the price is terrified and sells and are damaged. That is why bitcoin has to invest in investing and wait for the market to increase the price. Long term investment will give good return. Some prefer to be in BTC and others like to diversify their holding through altcoin. Waiting for your own goals is much less likely to fail.


Title: Re: My Preparations for BTC Halving and bull market
Post by: xSkylarx on September 15, 2023, 01:43:57 PM
Pretty decent plan and I am sure you will make great returns if you will be able to hold for the next ATH price.
I have the same plan and I am just waiting for the bull cylce to go nuts and create a new ATH price.
I don't think it will happen soon. It might take more the end of next year to reach previous high levels again.
May be we can see the next ATH price in 2025.

Let's be more patient with what will be happening in the upcoming years. What is important is that we will continue accumulating bitcoin as long as we have an income. Just imagine that you are putting a penny in a piggy bank and let's just open it after a few years when needed or if it is already full.

We should also keep our expectations low as we don't know if it will again reach its ATH so we won't be expecting much and getting hurt later on. What is important is that we hold a bitcoin when it reaches its ATH and if not we still hold that bitcoin.


Title: Re: My Preparations for BTC Halving and bull market
Post by: sompitonov on September 15, 2023, 07:47:05 PM
My best advice, in this red market, always have some spare money, some people have already run out of money, they have DCA all they could and they can't anymore, I think this is the different between someone who makes stable income every month compare to someone who make money from unstable sources.

If the projects you are betting your money on are solid you will become a winner, since I've been around crypto for years I don't feel panic like I used to, because I now understand the market better now compared to years before.

Whatever you are planning to do, make sure that before the halving is gone you always have enough money for DCA purposes, your reward will be better than those who DCA twice and waiting on the bull market.

Make sure you don't run out of money.

Yes, it is really better to just make a DCA rather than make a one-time investment. Because we cannot really predict the lowest price of bitcoin it is better to continue accumulating regularly. There are some investors that are buying bitcoin every time it drops big but then it is also 50/50 if it continues to go down or it will start moving upward again. I am doing a regular monthly DCA and I am not stopping until bitcoin surpasses $50k.

I also do not feel any panic this time. What a shame I was brought down by fear a few years ago even though I have seen it in the previous cycles. I guess it is a different learning when we experience it on our own.

I think most of the advice here is about smooth accumulation and partial sales after BTC halving on the next cycle. But following these great tips isn't so easy when it comes time to actually do it. Some will experience stupor, numbness and other psychological barriers in their head. Of course, for those who have experience in halving cycles, it will be easier to do everything as you advise. But not everyone succeeds even in this. I have already seen several BTC halving cycles, but I have not been able to make money on any of them, I hope this time I will succeed because I worked on improving my psychological state.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Japinat on September 15, 2023, 08:08:08 PM
Investing into bitcoin is risk free, and gives the best profit. How can this be achieved is a an unknown myth. Based on my understanding whether the market is predicted to be bullish or bearish we should have the positive thinking. When we stay positive our act should be the same. For this it is always good to keep ourselves prepared to face the worst market situation. When we've kept our portfolio ready to face any form of fluctuations we can stay successful in the market.

Every halving used to bring bullish move in the market. Considering it, accumulating as much possible is good. However we should also be cautious while doing it. While spending the spare money no need to panic, if we're spending the money allocated for something else we need to be observing the market closely to book the profit and take the profit leaving the capital.
History might still repeat itself and bring a lot of profits to those who deserve it. This is the reason why we need to take part in the preparation for the next halving and we can only do that through filling up our portfolio with potential coins like bitcoin. The more we get to store bitcoin in our portfolio, the higher our future profits will be. Through DCA, we can always achieve that goal. But we should never forget that investing using our spare money is important so that if the price will have to drop in the future, at least we can avoid from panic selling as we don't need our funds yet that badly. Investing for long term goal should always be encourage.


Title: Re: My Preparations for BTC Halving and bull market
Post by: freedomgo on September 15, 2023, 08:25:34 PM

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.
Well, there are always inevitable drops that are definitely hard to control and I think everyone has seen it coming. But if you were able to prepare for it, you will not be triggered if there are sudden crash or sideways in the market. For sure, that's just temporary and after a couple of days or weeks, bitcoin price will eventually surge high again. Although we can't be certain if bitcoin halving will still bring us profits, but it's better to prepare for it so that we will never miss another opportunity that might change our current social status in life.


Title: Re: My Preparations for BTC Halving and bull market
Post by: justdimin on September 16, 2023, 03:14:15 PM
Putting your coins in a cold storage is good idea. No matter what happens, do not be tempted to sell everything you have if you don't want to live with regrets in the future. You have started a great plan and I hope no matter how the market behaves, even if it move sideways and does take a long time before it recovers, just stick to your goal and continue DCA while opportunities are still knocking on your door. Bitcoin halving and bull run are fast approaching, soon you will come to reap everything what you have been investing.
Not only it can discourage us to sell because it's a bit hassle to transfer our coins or to make a transaction but it can also protect our wallets from malicious threats. I think only those who have tons of Bitcoin on them are doing this. This people have a spare fund outside that they can use on emergency situation so they will never sell their coins easily. For those who aren't like that, they can sell when they badly needed a money as they may lack money outside but they won't also regret it because they use the money on important things.

These people can't do a DCA but they will only buy once there is a money available. It's fine. At least they still try their best, than not investing at all. BTC halving is still far and as of now, there is no signs yet of a bull run. It's not a reason though to not get motivated.
Definitely a smart move, not a lot of people could really understand it completely because they do not understand how it works but if you use stuff like ledger or trezor then you are going to be able to say that you are more secure and that matters. I understand that some people may feel a bit different in that regard and I get that, you do not have to feel the same way and it could reach to a different point, but as long as you could make it work, there is nothing wrong with that at all.

I personally try my best and try to use my ledger as much as I can, it allows me to make sure that I have all my long term holdings in there, I still have some at Binance to trade, but all my long term coins are in my ledger.


Title: Re: My Preparations for BTC Halving and bull market
Post by: superman184 on September 16, 2023, 04:09:36 PM
I used 80% of fund on BTC and the other 20% on alts
This is courage and maybe you already know that Bitcoin is indeed better than any altcoin now so you have made a wise decision by placing 80% of your funds in Bitcoin and the remaining small amount in altcoins. I hope you can be consistent enough with this decision because you are not wrong in making a decision, you just have to be able to have consistency in holding it for the long term. Because when profits come, it will definitely be more from Bitcoin, not from altcoins.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Ale88 on September 16, 2023, 08:20:28 PM
My targets are clear and will sell in parts after bitcoin reaches new highs.
At this point it would interesting if you could share your targets: you mentioned selling only after we reach a new ATH, but does that mean that $80k for you would be acceptable since the previous ATH was $69k? Personally I wouldn't sell before reaching at least $110-120k, and that would mean selling at a price which is not even double the previous ATH, and to be honest if we don't reach at least those numbers for me it would be a big deception.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Viscore on September 16, 2023, 08:36:29 PM
Your investment plan is great. However, if I may suggest, do not just focus on bitcoin but also take some risk from established altcoins. Others are even risking a lot through investing in meme coins but I won't suggest doing that because the probability rate to profit is like 50/50. Just prepare a higher allocation funds for bitcoin and diversify it with some potential altcoins that until now still on top of the marketcap.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Baofeng on September 16, 2023, 08:52:13 PM

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.
Well, there are always inevitable drops that are definitely hard to control and I think everyone has seen it coming. But if you were able to prepare for it, you will not be triggered if there are sudden crash or sideways in the market. For sure, that's just temporary and after a couple of days or weeks, bitcoin price will eventually surge high again. Although we can't be certain if bitcoin halving will still bring us profits, but it's better to prepare for it so that we will never miss another opportunity that might change our current social status in life.

Just take advantage of it in the price goes down, I don't know though, but there could be investors here who I might say not being affected when the price goes down hard as their experience it already in the past bear and bull market and so they know what they need to do, simply accumulate at any point.

For selling it, yes, you could do it in drops or just it one sell, or not sell at all and really look or the next bull run and see how it goes. It's going to be a big mental test though, but if you can't take that then look to sell some of your stash and enjoy the profits.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Mauser on September 17, 2023, 01:24:23 PM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

That's a good bitcoin allocation, I also try to have 70-80% of my crypto money in bitcoins. Bitcoin is still the most popular coin and offers a good return outlook with the halving next year. I expect that most people are waiting for next year before consider selling any coins. Waiting for the price to reach the ATH is another strong level after which people could start selling again. The problem is that if many people focus on such fixed levels to take profits in bitcoins is that there will be a lot of selling pressure. It could even get so bad that there are not enough buyers in the market and prices would drop sharply. Let's assume we surpass the ATH next year and directly the next day a large number of longterm investors want to sell their coins. Without many buyers in the market this could lead to a panic and collapse of the price again. I try not link my profit goals to fixed bitcoin prices as I still believe the longterm trend is upwards for Bitcoin.


Title: Re: My Preparations for BTC Halving and bull market
Post by: Blitzboy on September 18, 2023, 12:06:03 PM
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.

That's a good bitcoin allocation, I also try to have 70-80% of my crypto money in bitcoins. Bitcoin is still the most popular coin and offers a good return outlook with the halving next year. I expect that most people are waiting for next year before consider selling any coins. Waiting for the price to reach the ATH is another strong level after which people could start selling again. The problem is that if many people focus on such fixed levels to take profits in bitcoins is that there will be a lot of selling pressure. It could even get so bad that there are not enough buyers in the market and prices would drop sharply. Let's assume we surpass the ATH next year and directly the next day a large number of longterm investors want to sell their coins. Without many buyers in the market this could lead to a panic and collapse of the price again. I try not link my profit goals to fixed bitcoin prices as I still believe the longterm trend is upwards for Bitcoin.
Its interesting how these round numbers, like "ATH," become more than just numbers; they become emotional markers. The strange thing about people is that they look for patterns, and round numbers become these invisible goals.

Now, what about the big sales after ATH? Its possible that it will happen, and your fears are valid. But keep in mind what the market is all about: supply and demand. People who sell something today may buy it tomorrow, especially if they see value in it.

Someone who sees the bigger picture and is focused on the long game instead of the short-term drama is nice to see. Hold on tight, and let's ride the Bitcoin wave together while we learn how it rises and falls.