Bitcoin Forum

May 14, 2020

118 days left

Nobody really motivates me for hold bitcoins, everyone talking about day-trading on twitter and reddit.  I know that the price will rise and bitcoin will be a skyrocket again.

You can create a budget for day trading, altcoins and gambling. you can get your %10 -%30 or lose all your money in shitcoins. doesn't matter.


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

your wallet has to be one way road, you can send bitcoins to your wallet but never let yourself to spend. You can use your other budgets. that's why we have them.

increasing your bitcoins does not has to be huge. you can save your bitcoins bit by bit.


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


https://bitcointalk.org/index.php?topic=12156.0


When I  opened this topic, bitcoin was nearly $ 7,000.


*pre-acceptance: Everyone knows 'never sell them'  doesn't mean hold it till the grave. It's mean for years. I did a pre-acceptance about everyone that they are above average IQ



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

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

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

First of all, I have to correct you for the date of the next halving - this is only a possible date, it is not possible to calculate the time period precisely because the blocks do not have a fixed time in which they occur, it is an average of 10 minutes between blocks, and blocks appear at different time intervals (1 minute or 1 hour). So the next halving can happen on May 14, 2020 - but also a few days before or after that.

When you say "holding forever", it just doesn't make sense. You may think of something in the sense that you leave everything to your descendants, but hardly any holder will resist the $ 100,000 price tag. I agree that you should always keep something on the side, Bitcoin has so far awarded everyone who was patient, hopefully, it will be the same in the future.


This may not be true, it depends on when you invest and when you sell. But if you invest few years ago when the price was under $1000 and just holding, you will still be in profit today. Same as you invest in the first few months of this year close to $3000 per BTC, you will be in more then 100% of profit if you sell today.

Bitcoins will be skyrocket again and increase higher and higher. But, its not at all time the price will grow up. Bitcoins will drop if the economic not suitable and stable. So i think the best way is you can know what time to hold and sell. I know its not easy, but by experience we can learn and learn forward.

Not to the point of not selling them, but should be to the point of knowing when to sell them. If you see an exit point you're satisfied with, even if it isn't after the halving, I suppose it is fine to exit there and then. I know, too much money can never hurt you, but expecting to earn much could hurt you. Sides, you can hold and sell both at the same time. Part with some of your coins and hold some, win win situation right? Don't be disappointed with the profit you could've earned, be satisfied with the profit you earned.

Well, yeah. That's why it's called hodling after all. Only when you exit and the price is above when you entered, would you actually get profit.

I have no idea why you have to hold money and never sell them, then the meaning of owning them? If you are billionaire and never spend money from those collected billions, then you are just random guy and not a billionaire and no one knows what will happen around you tomorrow.
Current halving expectation is different from old, I don't know why because in past we had huge rise and today we should have even higher expects but the problem is that price doesn't show any promise as for now and it's not so easy to see rise from 7K to 20K and higher cause this amount of money is really big.
But I have no idea if daily trading is the most suggested choice because you don't have to catch every moment (both good and bad) but it's better to catch great moments and this great moments aren't a few and in overall it's far more beneficial. Trade when you think it's good time.

So if I have ten million in the bank but I'm not spending a penny cause I have a different source of monthly revenue that doesn't make me a millionaire because I'm not spending it all? 


Well, the ones that bought at 90 000$ will be holding to it quite easily..
Joking aside the thing with holding forever is probably because of bad translation, not that any bitcoin here is planning to hold the coins till their deathbed.
What would be the point of having x10 more money in the last year of your life than having x3 10 years before?



You forget about it going sideways  ;D ;D

@otto_diesel while I’m excited for the halving event, I don’t understand the need to create a cold storage wallet because if I want to hold my coins I can hold it in a normal wallet too. Also I’m very excited for this event and I hope that bitcoins prices will touch at least $15k once we near this event, but I’m also keen to know what are other people’s predictions too.

if bitcoin price usually rising in halving, why not we can't?
the price will be rising arround 1-2month before halving, maybe arround feb-mar.
holding is best option if you can't get profit by daily trading, if you have freerimes you can do it, finding right moment to in (buy) and out (sell).

i agree with you and i am sure that halving can make prices at high level ; and the only way for making bitcoin at high prices always is hold ; some people already sell their bitcoin but i think they will buy again when halving approaching much and much

Holding has always been a viable tactic. It is a synonym of long-term investing - which approach is chosen by many established big investors and well-versed in the financial world.
My recommendation is to always invest just what you can really afford to lose. How much you can afford to lose is a function of  every individual's needs and desires, risk tolerance and some other factors. Bitcoin is an asset that has great fundamentals and therefore IMO a great potential for further appreciation in price. Call me crazy, but personally I don't think that $1M/btc is a big number taking into account the limited supply and the inflation of fiat currencies especially the US Dollar.

Op is maybe getting too excited about the next halving, you must understand that things may not also go quite as smooth as you're envisioning it, if you're investing, you must still be wise enough as to prepare for both sides of the coin: if it's a profit or a loss.

I wouldn't be holding forever, and I hope no one holds forever, we all should have an opportunity to have to make some profits from our investments and use them for our daily benefits at least when we're still alive  ;D. Happy new year to everyone by the way.

You have good faith ;D
Well, I don't have Bitcoin budget for holding forever, but at least I have Bitcoin budget for long-term holding which I can double my Bitcoin from time to time, I hold until halving time coming at least Bitcoin price at the last peak or more, then I sell them, the market usually in bearish after halving so I will buy back, then I will hold it maybe until the next halving or when the price jump again at the peak.

Even if historically speaking Bitcoin goes up every time halving happens with Bitcoin it's not wrong to still practice due diligence when it comes to your holding since there is really no guarantee that the next halving will produce the same result it had for the previous years. The crypto market isn't really a buy and forget type of market where you just don't look at your portfolio constantly since sudden movements in the opposite direction can always happen. Aside from that it is really wrong to base your decisions based on historical price movements since this is really an inaccurate way of basing your trade.

Umm what about using it.  Again bitcoin is useless if everyone just hoards it.  Should you save some, yeah just like fiat.  But at the same time use it!  It's meant to be used not stored indefinitely.  Ypu will enjoy your vacation you take that is all on bitcoin, enjoy life its short

Hold and sell, not hold and never sell. There would still come a time where a trader would want to exit because he is satisfied with the price of the BTC in the market. But, I agree with holding though. Just like you said, every halving in the past has shown significant growth to the market of BTC, and holding some wouldn't hurt that much and accumulation would slowly progress. Something small will become bigger when accumulated for a bit of time after all.

Well, I'd say Op is saying to hold it then sell it when the price hits the top. Hoarding it isn't really the same as holding it after all.

Bitcoin remains to be the most viable of all cryptocurrencies we have on the market. And we are all excited on the many things that the coming halving can be bringing. We just hope that this can spur Bitcoin to a new height or at least to a good level where everybody can be happy about. However, we know that Bitcoin can be unpredictable, so we are seeing some who think that the real bull run can be happening actually in 2021, within a year after the halving. Which of these ideas and opinions can be coming true let us all wait and see.

Hold bitcoin is a good choice, but you should not hold too long with it because no one really knows what its future will be like. Its price may collapse in the future and it will make you lose.
It is best to hold and sell when you make a profit, and depending on how much profit you want. Do not hold BTC just like you are holding gold, which is not a smart decision, I personally think that after halving, the price of BTC will decrease rather than increase as people expect. So buy now and sell before halving happens

Yeah better consider keeping and prepare for upcoming event. Even the some opinion of so called experts in the field are negative we must trust our own instincts and stay contrarian. But I believe that the cycle will repeat and surprise us again.

I would certainly agree to an extent.

However, it would be foolish to not cash out if you see an opportunity to do so at the peak of a bubble. As we saw in the 2017 bubble, a lot of people were reluctant to cash out and buy back at a lower rate later on which caused some pretty sizable losses.

Just remember that unless you are planning on holding BTC permanently you still need to sooner or later find an exit point for yourself. Even if you are a long term holder there is no reason not to cash out a portion of your position at the height of the bubble and thus have the means to buy the dips continually.

I am not just holding my bitcoin, but I also trade my bitcoin to increase the amount because I am sure that bitcoin price will be increased so high in the future, especially we will see a halving time soon. From now on, I am sure that many people are doing the same thing as me because they also believe that bitcoin prices will increase and hit the next highest rate. Gladly, we are seeing bitcoin price still fluctuating until now, and that can be our opportunity to make more profit in bitcoin and fiat. If you can analyze the price, you will see that the bitcoin price will give you a chance to make more and more bitcoin. But be careful because the price can get down too deep without you know.

It is just a pure speculation, you do not any proof that bitcoin can skyrocket again like the year 2017. Hope can sometimes became the reason why we lose money. We are hoping too much and it is the problem because it is not really realistic. I have bitcoins but I keep trading it. I'm not a fan of a holding so I do not prefer to hold my bitcoins. It is boring to keep my bitcoin in my wallet. I want to increase it and that is why I keep trading it.

yes you are right op for the time being we really should not sell bitcoin. we have to hold on to it until bitcoin is reduced by half and the price is pumping. and usually this long-term investment strategy is carried out by people who don't have much time to focus on cryptocurrency. but for people who have a lot of time and rely on crypto as the main income. then I think short-term investment or daily trading will be more profitable.

Too much hope is not good, I also have hope but it is not too much, I expect that the halving will have an effect to the price of bitcoin but the thing is I do not prefer holding at bear market. At bear market the price is continue to go down, I converted my btc to usd and I will pick at the bottom where there is a confirmation of market reversal.

The person who introduced me to the bitcoin usage instructed to hold as much possible. Myself kept trying to hold bitcoin, but it is truly hard to keep hold until we reach the aimed target. In between used to encounter some financial difficulties and I wasn't able to keep the holdings for a long time.

There are a lot of obstacles from holding our coins for too long, one of this is greed when seeing profit we are tempted to sell, and another one which is compelling of all is financial difficulties, I can stop myself from selling because of the profit, but I cannot from financial needs.

I don't think this halving event will go up sharply. when so many people fomo so the trend is easy to go against. Have you noticed this in the financial markets? When the crowd is too fomo about a certain issue, it will definitely have a problem and go backwards. Matic, for example, everyone thought it would soon increase to $ 1 with this growth momentum, but who would have expected that in an hour of the night, everything would have collapsed and it had dropped more than 86%. So this halving event beware, the market with only the winners is not a market. there will be losers, and there are too many fomo.

It would be much better in my opinion if the first chart included the price as of now, since we could visualize more easily whether the price have been reflecting the past halvings on a year before basis, and when do we expect another ATH coming into the market. Nevertheless, it's still unpredictable whether it would follow the pattern this year's halving, as the dominance is decreasing and altcoins do also improve over time.

The thing is, halvings haven't had any immediate effects on prices. We associate halvings with growth because of charts like OP's, but that doesn't necessarily have to be the case -- growth could have come without the halvings, and we wouldn't really know.

I agree that HODLing is the best course of action if you want to gain in this scenario, but only because it's the best course of action is most scenarios. People looking forward to the halving are very likely to be disappointed, and disappointed market actors often lead to a falling market.

   Don't sell, wait for the moment when we can use them. I remember comments from last year, how to buy a house with 10000$? Buy 1 Bitcoin,
wait couple years and you will be able to buy a house with that 1 Bitcoin. Now Bitcoin is under 10000$, the house can be bought with less
money apparently.
    It's my dream, to buy something big with 1 Bitcoin that I will have one day.

I got an advices from my friends too that since last month they says buy bitcoin as much as you can and hold it until next year because we are already given good opportunity to buy more bitcoin on 2019 so instead of panic and sell bitcoin then i have to buy more bitcoin and hold because they says soon if the price high again then you won't regret your decissions

I respect your opinions because all of us have doesn't same mindsets and also ideas. I'm aware that most of people nowadays are holding bitcoin because halving is near. I respect their decision because it is their own life after all. I'm a trader and holding bitcoin is not suitable for me, I recently sold my bitcoins when it got bounce in its resistance level. For me there are more opportunities in trading bitcoin than to hold it for a long time.

Good decision to have with if you are open minded for the possibilities since there are many things will happen in span of 1 year but if you just hold since you are been hype  and don't know on what you are going thru then might it's a bad decision to do since you might gonna face the consequences to get panic when the dumping stage occurs.

looks good and is very educational this time I will hodl by looking at the accumulation in your chart ,actually I'm also still hodl for bitcoin from most of the income that I get but my family economy made me sell yesterday well forget it and I will follow the way you save it to be frozen and maybe it will be a little reduction in my economic spending even though its extremely difficult for me personally

That's what I am really going to do. Even if we don't know how this halving will affect bitcoin's price, I will still keep and hold my Bitcoin. Cause for me, it's not just about halving. I just believe that sooner, the time will come and we will get what we've been waiting. We just need to be patient and hold. Before halving comes, I'll do my best to earn more Bitcoin so I can hold more.

I disagree.

I think there will be a pump up to the halving, and then the price will drop. So if you can sell at a profit, do so. You can always buy back again at a lower price after it has dropped.

The people who sold at the top in 2018 at around $17,000 and then bought back at around $4000 are in the money. The ones who held simply watched a paper profit disappear. Always take some profits.

So, what is the point of just holding Bitcoin in your wallet and never selling it? What is then actual use of Bitcoin? I understand that you want to keep it long enough to get sone value and profit but there is no use of keeping Bitcoin indefinetely.
I'm strongly convinced that Bitcoin is made to have real use in real life not just to keep it as some kind of souvenir.
As far as halving is concerned don't expect too much in terms of huge price rise.

I still keep it even more than 8 years now, sorry for not selling it at cheap prices in 2017, I save it for 8 years is not a little time following my struggle to promote bitcoin in my country, the price of $ 20k doesn't make me tempted to sell it, because I will throw it away to people who can not afford it than I have to sell it cheap, I separate my BTC savings from my needs until now I have not sold it

I am also not interested in shitcoin so I only hold some of the best and top altcoins until now, we have taken 2020 now, what will happen now, I don't want to rush to see it increasing gradually before halving even afterwards, I still believe history will repeat back as I analyzed, thanks for your interesting charts analysis, lol  ;D

This is a good friendly advice and I hope many of us are going to follow this advice because we have no any option. I see this halving as an event that is going to determine the faith of bitcoin in 2020. I am expecting bitcoin to get above $20,000 before the end of this year.

Don't be sure to make a comment that bitcoin's price will rise. I am quite suspicious about the Halving event this time. Litecoin also has a similar situation, people fomo proudly and until halving takes place it is down more than 65% from the top. So anything can happen, you should be more careful about holding bitcoins. Anyway, holding BTC now is still a good decision but don't be too greedy, set yourself the price you will sell and make it disciplined. everything is possible so hope you can manage your capital well.

I also think it's a good time to hold Bitcoin because the price will go up in front of it If you have bitcoin with no negative attitude try not to sell it. Believe in yourself and take aim Because everyone knows that the price of bitcoin will go up.

Lol you’re right about that, I have not seen anyone that’s talking about holding Bitcoin, they are mainly talking about trading and that’s all. People should really hold their coins, although I don’t know if the price will increase, but I have this feeling that there is high percentage that the price will increase.

So, let’s just have patience and just hold to see what’s going to happen after the third halving. I have seen news that whales are buying and storing bitcoins secretly and it will soon reflect on the market, so I’m guessing that will be after the halving.

unfortunately I had time to sell my bitcoin yesterday to celebrate the party in the new year, actually did not want to do it but because it really needed. I hope that before halving happens, I can still earn more bitcoin.
the opportunity to enjoy bitcoin when halving is a very rare thing to happen, so lest we miss this.

Its not bad to sell some yet ive done the same thing where i do cashout or convert some of my coins to fiat because i need to.

We are all having those positive projections towards next halving and charts do give out reference on what would possibly happen on upcoming halving.

We do like to hold but there are situation where we do need to spend some. ;D

For holders have patience, halving does not mean the price will goes to the top immediately so dont be surprise if your holding wont stake after halving because it will took time to happen specially in this case that it seems people are not excited with the halving

everyone has different needs and perspectives, so there is no harm in converting some of their assets, especially if the assets come from bounty prizes. but for me, I will still hold some of the bitcoin that I have for a better future

Thanks, OP for motivating the crypto holders, when we are in such depression of bearish trend long time I hope the halving will become the right catalyst to bring the prices to next level but for that holders need to be more clear about their long term goals,don't get trapped by whales strategies.

It's true halving bitcoin is getting closer, and don't we sell the bitcoin that we have. Hold the bitcoin that we have indeed
the best decision. If we still have more funds we can increase the amount of bitcoin we have. Because we will regret it
if we don't collect as much bitcoin as possible. By 2020 this is actually the best opportunity to make a big profit we know
the possibility of bitcoin prices going up this year is huge, considering we will experience the halving event soon happened.
And if halving happens it is almost certain that the price of bitcoin will rise to the top.

Am telling the same thing to my friends from last year but people are adamant on selling as the price was dropping. I even told people to buy when it reached 3-4k$ but they were arguing that it will dump more. Now when it doubled from that place, they dont wanna buy it. Right now the best thing to do is to keep your BTC in a private wallet and hold them.

That's why I said that you still need to practice precaution when the date of halving comes because it is never too wrong to still observe the market even if we all know historicaly speaking Bitcoin goes up during halving. Yeah hodling is the right approach when observing the market but not all has that privilege especially the ones who have bought Bitcoin without any margin of safety as you cannot really risk your money during events like this, I wouldn't even recommend buying Bitcoin just because we are nearing halving since you wouldn't have any kind of protection on your capital.

holding forever  ? dang , for what reason  ? thought the reason why we hodl is because of the profit  .  you should have sell once you reach the profit that you want   . on the other hand  , you said halving will occur on the month of may yet  ? that date is still long imo  therfor we can still sell and buy or buy and sell  . when we are close to may , let say a month  . that is the time you hodl and buy  but i think everybody knows this already  .  they will wait for halving if they want to earn more profit  .

Good points there, sir. I am now reconsidering the idea howver, I am not used to being passive especially in my income with a claim that I am not totally certain. I may reconsider the idea but I am not suggesting to go passive till the date of halving comes because first thing, bull weren't happening the same time as halving occurs. Might as well be productive till such price soar occurs.

Everyone knows the price of bitcoin will rally again and no one will motivate you when it comes to your investment as the profit and loss belongs to you and no one can take the responsibility for your decisions and investments  :P :D.

My policy is to stay away from shit coins and i invested in some promising projects in the past and not sparing any money for it anymore.

I am sure everyone does that if you know the dynamics and the past market movements.

Halving is not a sure shot call for the price rise. But such threads gonna make people FOMO into buying Bitcoin before the halving actually happens.
Is that good for the market?
Not really.
But that will give the swing traders a good opportunity to earn over this fomo.
Many people gonna just buy and wait for the halving. My strategy gonna be to sell before having to cash in the profits because of the excessive bought in off FOMO.

Lot's of people refers the 'never sell' case. it's mean that  10 or 30 years, at least 10 years. Because increasing of price will be more slower than past halvings.  You can't wait for 3 or 5 years.  You have to wait at least 10 years to see the results. even bitcoin price rises 5x.

people still says that, you have to sell when you get a reasonable profit and you will buy when it drop. it's out of topic. You can easily do day trade or sell-buy with your other budgets.

---

Make a 0.1 BTC cold wallet and start to hold. it's not so bad to make 1 BTC, 5 BTC cold wallet.  Nobody will make fun of you in 2030 because of making a 5 BTC cold wallet in 2020.

If you don't have a budget for make a cold wallet. what a bad fortune, time is ticking away. But I think you can reserve 0.05 btc. it's not a astronomical price. Do your self a favor.


Do yourself a favor today.

I believe you meant ‘don’t sell them now’. Because at one point you would want to. Holding forever does not cut it. Like, what is the point?
Anyways, hodling has always been lucrative. It requires a lot of patience and believe, though.
And, hey, your prediction is not guaranteed.
History might have repeated itself many times, but surely not all the time.

I know what did you mean by hold your bitcoin and never sell them because you want to make many people trust until bitcoin halving time close and after halving bitcoin keep exist with higher price? Bullshit recommendation because very investor will sell their bitcoin during have higher price without care close with bitcoin halving time or not, they just take care about profit and never mind how much bitcoin growing up.

It is possible for everyone to start accumulating the coin every month and hold them for the long term even if the investment is a few hundred dollars every month and in the long run you will have a substantial huge amount of coins at your disposal. It is a fact that everyone likes to make the profit in the short term and many of the investors who got attracted to the market is simply because of the profit they can make in a small window compared to the rest of the market and if they are able to accumulate the coins as an investment for the long term then they could make a good profit than any other market.

I completely agree

The only valid argument I know is that the market expects a rise and gets over bought. thereby on the halving any rise will be reason to sell into and take profits. But in my opinion that is only a temporary sell as over following months the lower new supply will be felt and eventually be reflected in price. So I'm looking for a lot of volatility near the halving and then gradual steady rise some time later.

Yeah that is the idea. I don't really want to sell from this point onwards.
Maybe buying will be the better choice instead of even trading it.

I don't want to regret anything before or even the halving happens.
Just like what I did before.
Learned my lessons already from that experience.

Proper management of crypto currency asset is one key to increase your investment here in cryptoworld. Its is good that you seem to be knowledgeable on the ways and strategies to secure investment. You should continue to be optimistic about the price of bitcoin, because it seems that bitcoins price, for me too would increase in the coming days. But, should always be careful and to always have a backup plan to avoid getting bankrupt.

Agree. I was basically doing the same thing for 2+ years now. It's not "hodling" per se but I would not much different. Most of my BTC all these time is in hodl account, while I also budget a very small amount for trading, just to get better at it. These two next years should be really exciting for Bitcoin, at least I hope so.

That's also a concern I've been thinking for a while. I'm for sure gonna cash out some of my hodling when I feel comfortable with the price, far from current ATH obviously. And the rest, I don't think I'll ever cash that out unless something extra ordinary happen. I'll keep them in my portfolio for life.

To be honest, do not hold your bitcoins just because there is a hype or a positive speculation because of the halving that is approaching. Hold your bitcoin because you are seeing a good reasons and you are seeing good technical from the chart. Halving was a good event for bitcoin based on the past but we cannot see the future and we should not risk it all.

Why not, not to hold? I mean there already occurred bitcoin halving in the past on which it greatly affected the price of bitcoin, halving performed the pump 3 times a row so there is more probability that it will going to happen again. And with the price of bitcoin longing for such a short price point, buying is good for now and holding is the best option since the halving is near.

You're right but I think there's nothing to lose if you hold your Bitcoin for a little longer. We're still at the bear market and we are just waiting for a bull run. We all have different decisions if we want to hold or sell our bitcoins. But holding them right now is like a play safe since halving is approaching. There's nothing wrong hoping for a good result after halving since it was proven before so there's still a possibility.

Not every one is in need of immediate profit. Some people prefer to have the profit huge and all at once while others prefer to have it bits by bits. Whichever one works best for you, stick to it. There is no rules guiding it.
What matters is whether you see holding or trading, are you doing it right.

I am not entirely sure if people realize that not everyone uses bitcoin the same way that they use it. For example maybe someone is a day trader, it doesn't matter to them if in 6 months bitcoin will be 100%, as long as bitcoin goes up and down inside a day they are willing to buy and sell back and forth all day every day because it is their job and they like doing it that way.

Some people are long term holders and no matter if there is a halving or not they will just hold it anyway. Some people are just trying to live with crypto, they get paid crypto and spend crypto so they went full digital. I mean not every single person has to care about halving, that is something the middle term investors like to do, I personally don't even care when it happens for example.

It's true, we really have to save little by little to buy bitcoin from now on, yeah that's if you have excess money from the results of work. Or maybe you can put aside a little bit of bitcoin from the bounty and not sell it now. Let's just say that money forgot so that when bitcoin rises rapidly, the bitcoin can be sold.
But trading is also a good idea to increase the value of bitcoin so that it will multiply, but it must have expertise in trading, because trading is not easy.

That's why holding is still very risky right now because you don't know when to stop. Selling bitcoin is not certain until now, its price is very low compared to last last year 2017 that it reaches $10K USD. But in the end it suddenly dropped, if that happens I know it is still possible. The only problem is that we don't know when it will occur again. It is very hard to guess the season where bitcoin will become popular and its price will rice again.

Majority of the investment that are expected in the bitcoin market in the next one year is because of the hype that surrounds the coins because of the past rallies and this too we are expecting new investors coming in after the halving expecting to make a quick profit. I am not that great in looking at the charts to predict how the market will do in the next few days but i have a basic understand what the market will be in the next two years.

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

Always sell when you think you are getting good profit on your bitcoin. Never ever  greed. Like if you have bought bitcoin at 5k and bitcoin price surge to 10k then immediately sell don’t wait for price to reach 20k or 50k. Many have lost golden opportunities to sell bitcoin just because of this greed. Coin halving to me is just a hype, it won’t be a spring.

it's not the point. Being a day-trader doesn't stop you to create a cold wallet and save some bitcoin.  You can create a holding wallet in any situation. being a day trader, a gambler, a fireman, a engineer, doesn't stop you

You can make a separate budget for cold wallet as I mentioned in the topic.

A hardware wallet is going to have to suffice for me, and unfortunately I don't have a lot of bitcoin stashed in it--but that's where it's going to stay until at least well after the halving.  I don't plan on selling or trading any of what I have, but I'm also not confident that the halving is going to bring sunny times to the crypto market either.  But I'd rather have some bitcoin saved up just in case the market starts to go buck wild as it did leading up to the end of 2017.

Not that I'm hoping 2017 repeats itself, because the crash apparently shook a lot of bitcoin investors out of the market and they never came back.  I have a feeling, though, that if we have another clear-cut bull market starting, those dropouts will probably start to get very interested in bitcoin once more.  But we'll see.  There's still a lot of time before the halving.

You are making wrong comparisons over here and sounds totally illogical. Owning those coins means, you are the sole owner of those coins. If a person holds onto a coin, he will eventually sell them once his profit goal has been reached. Billionaires don't hold their money because holding paper money gives you no benefit like gains or interest etc. Rather, holding paper money  becomes more risky as inflation gets added into the economy. On other hand, holding crypto coins like bitcoin does give you profit in the long. That is why people holds on their btc instead of their fiat money.

Might be a bit of good advice but for me, why just hold because there's an upcoming halving?

Whatever the purpose of anyone involved in crypto, it's always a recommended thing to do that as much as possible, always have bitcoin savings at any means. Not just because of its expected high value in the future but because of the advantage.

Don't be hyped because of the upcoming halving that's why we need to saved but be hyped because of what bitcoin can do for us.

That's why sometimes we need other ways to get profits. I mean not only holding, but we can also try trading to earn regular profits. Holding is mostly intended for a long term investment. It should take for months/years. Surely, we won't hold forever, there is a time to trade assets.   

People like you always try to treat Bitcoin like it's a share or a financial asset. Such things have to be sold for profit because you can't go to a store and buy something for 10 shares of Amazon, or a  gold bar.
Bitcoin is not like that. You don't have to be a trader to profit. In fact you don't have to sell for fiat ever in your life. You can go to a store and buy something and with the new banks setting up bitcoin accounts soon you'll have bitcoin debit cards. First bitcoin bank is to open in q1 2020.

That's why we really need to be careful when spending our precious BTC here.

I mean there are individuals who loves to trade bitcoin or crypto to make money out of it. But there are people as well who just accumulate overtime hide it somewhere, be it on a hardware or a wallet that they have control over the private keys.

Good for those who are going to hold, because it takes a lot of psychology to really not touch your coins in the next six months and wait for the halving and see how it goes.

I think otherwise! When Bitcoin halves, don't rush to sell. So you have no words. The most appropriate time to sell is to wait patiently for the opportunity to sell at high prices. Don't be afraid when Bitcoin drops, many investors are waiting for you to sell cheap to buy. Entering this market you have to stand firm.

because right now is not the time to sell but buy slowly when it's really cheap, people have been taking bitcoin since last year and now they don't throw it anymore, seeing overnight prices falling below $ 7000 then going back up above $ 7000 in quick time, it shows that the buying trend is strong in the $ 7000 area, they are slowly coming to bring money to buy it at current prices, buy your train ticket now, bitcoin is profitable as a long-term investment  ;)

How you deal with your portfolio is something only you can be the judge of, do not react to market movements depending on the talks here on bitcointalk, honestly specially bitcointalk because there are so many people who have no idea how things work here and willing to share their worthless and useless opinions on people since there is absolutely no filter and anyone can write anything here, I can start a topic saying "bitcoin will be 100 dollars tomorrow" and no one can stop me or I can do the same with 1 million dollars, both of which has been done before.

Halving is something very valuable for the technology behind bitcoin and it does prevent miners to get too powerful and does have a possibility to increase the price but it is just a possibility and not a must.

You do know that all we are doing now is just speculation, none of us really knows whether there is going to be an increase after the halving next year, we are just saying there’s going to be an increase because of what has happened before. So, we are basically using the last to judge the future, what if things happens to be different this time around?

Also of course, I have seen some experts that claimed it’s not going to be the same, but as you have said, we all needs to keep holding no matter what, but anyone that’s holding Bitcoin should be sure that they are holding what they can risk, don’t just jump straight to it with everything you have because you believe that the same thing that happened before would repeat itself.

I still think that sometimes could be dangerous or at least useless to follow advice here on forum.
They come from different users, with different knowledge and experience and sometimes they don't need the smartest thing to.
To never sell Bitcoin is one of such advice because what is the purpose of jusf indefinetely holding without real use?
Also, I wouldn't expect that much of halving, I think that people dream of some exaggerated prices that don't have much to do with reality

I got your point pal and yes believing into different point of views can put you into danger most especially if you believe in those person's point of view without their own proof that can strengthen their statements that's why you have to be smart in which idea you are picking because there are some false ideas and also there are some correct. People here in the crypto world become optimistic they believe that after the halving season they can earn a huge amount of money because of the increase in the value of bitcoins and the altcoins. Look there is nothing if you will be an optimistic sometimes. If what we are expecting now comes true later then we are lucky if not, still we are lucky because we learn from oir experiences here

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

Trade them to make more money on the wild swings. It is rather easy to catche these 10% swings as long as you're staying long enough in your position. The market usually comes back. But keep in mind the long term and rather hold your coins, than fiat.

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

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

Everyone is talking halving ... halving ... halving ..., I'm not sure many users are holding at the moment. if many buy and hold bitcoin, surely the market is crawling up, but in reality the bitcoin market is on the sideway.

OK if we look at halving events before this we can see an increase, but is the increase right after halving? we can not just hold it, users must also understand the market and demand for crypto. from technical analysis also that the down trend will occur before halving. so be careful and buy using analytics.

You are right to that presumption yet people do talks about halving and its possible price increase but we do see that the price is still tanking on previous levels which possibly means that majority is still
trying to observe on what are the initial movements or progress that they would see yet they do know that halving is fast approaching.

Im sure that price will surely be known if we do head up a month before the actual event.

You have to look at the chart from the halving before, indeed before and after halving there will be no significant increase. increase after halving occurs it takes about 1 year. so don't be surprised if bitcoin prices are still sideaways, if there is an increase maybe it's a FUD or FOMO

We don't know what will be the price of bitcoins after halving because now is not the same before. That investor is easly believe in hype that bitcoin will increase because of Bitcoin Halving,  Bitcoin will increase upto 1 million and many more speculation that in the end are not come true. 

Investors now are very smart on this , thats why price of bitcoin after halving will not be really increases futher and breaks the record of all time high in 2017. Now many investors much focus on securing thier profit and this wil prevent bitcoin to increase futher after bitcoin halving.

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

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

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

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

Never had a thought cross my mind saying otherwise ;D. Selling bitcoin at this time is not the best of decision with news of bitcoin block halving just a few months away from us. I have started filling buying and holding more as i am predicting that the price of bitcoin will definitely hit slightly above 10K. Don't fall for the regular pumps and dumps of whales ;D

nearly 129 days left for halving.  

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

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

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

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

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

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

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

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

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

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

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

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

Why use for a cold wallet if I can buy a hardware wallet :D.

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

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

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

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

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

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

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

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

The market was waiting for this date. We used to count days in fork. But the bitcoin prizes of the miners are more important than anything else. This does not raise the price immediately. However, the expectation that the price related to everything will increase will increase.

For those who hold their coins in the long term (my plan as well), doesn't it make sense to sell them at the (potential) top after the halving, and re-buy them after the (inevitable) dip after the hype settled down?

it's called trading bro. you can trade your bitcoins, but it's a wallet for never sell. (it doesn't mean you have to hold till the grave)

We should start doing this so no one will regret of not having a lot of bitcoin because the price is soon to go up. Though the chart shows that within a year bitcoin will goes high and high until it makes a new ATH, don’t expect for a big pump on a day of halving its still good to hold within a year after halving, that’s a safest time to sell.

yes its like self-fulfilling prophecy and its a reality. i think selling after the ATH not a bad idea but you can still hold for 3-4 halvings. its makes at least 10 years.

It is always a good idea to sell at the all time high price because you don't know if the price is gonna fall again or not. Holding your cryptocurrency is always an option but you should always remember that you should sell some if the price is expensive enough for you. Do not hold forever, try to unload sometimes to enjoy your hard earned profits.

Each person do have its own set of goals on when they gonna sell.Some wouldnt even sell out even it do hit up its ATH yet waiting for more for higher price will most likely be done.For people who had bought on peak price like on 2017 will surely be longing for this period to come yet they would break even at least on what they had lost for that time.Hodling isnt bad but it shouldnt be on the point that you wont sell out on a specific price.It will vary from person to person though and as said i dont really expect too much that there would be a big price jump after halving but lets see on what would happen.

Holding really means that you will hold it until something happens, until the thing you expected has reached like for example after the halving you expect yourself to hold until bitcoin reaches its ATH but like what you have said it really depends on people but we should not hold without a purpose because it is lile you don't know what you're doing and you'll lose lots of opportunities due to lack of plan. You just need to have a plan for everything so that you won't miss any possibble profits.

Very interesting chart and find, right now Bitcoin is at $8000 level and still moving forward, it's very tempting to sell if you bought Bitcoin at $6000 and there are reports of sliding back because some people consider this as an artificial pump, it's very tempting to sell some, and if many are thinking this way Bitcoin could go down again.

I don't know if you guys would agree with me on this one or not but I had another idea about halving. Instead of buying right now, I will wait until halving and after halving if price doesn't go up like everyone expects then there could be a lot of people who will sell their coins, which means price will fall. I will buy from that fall and after I bought it I will be patient, maybe it will take a week, maybe a month or maybe even couple of months but eventually it will go back up and I will profit.

Do you think that is too risky because price may continue to go up until halving, or do you think there is really a possibility of price going down in disappointment after the halving? Am I making it up and there is no way of something like that ever happening?

I am not entirely sure whether there is going to be an increase after the halving, I can’t really predict. I have seen a lot of people say what they think is going to happen, some have said that there’s going to be an increase and a few have said that’s not true that there’s going to be a decrease instead and they all have their reasons on whatever opinion they have.

I just don’t know who to believe, but after looking at the chart of price movement after previous halving I think I’m more on the side that there is going to be a rise. So I’ve been holding my coins and I haven’t sold them yet, it’s really been a long time.

I love how people just say... Never sell them!
Greed is in human nature. People just want to wake more and more while they forget to enjoy that money. I have seen that happening in crypto a lot. People will get rekt but won't exit from their investments till they have nothing left.
Always follow set targets and use the profits you have earned. Else why are you even trading if you just wanna keep it in your investment.

Halving is coming, speculation gonna take the price up. Earn profits and exit.

Bitcoin including whole crypto market has been in bearish phase for much longer time now and investors are exhausted by observing down graphs. All this hopelessness will boom if even after halving the prices don’t go up. That would not only be risky for the market but also very disappointing for the investors. I personally feel prices will go up in order to sustain market and you shall buy few coins in order to enjoy halving.

I understand the message of what op wants to send us. It's very plain that we just have to keep our bitcoins until the right time of selling it. Be it @$20,000 , $50,000 , $100,000 or more than that. Set a target price that you want to sell and hold it until it comes.

That is what it means, but we cannot assume that everyone has the same needs in this room because there may be some users who will only hold bitcoin for a mid term or maybe they will sell it when they need money quickly so that is also not a problem or other needs that might happen. But indeed, making a part of a long term investment for bitcoin will be better for us to remain patient because selling at peak prices is the main target for us.

Exactly, just sell it if people feels they already hit the price point they really hoped for. To hold recklessly without considering any possibility that the price might go down all over again is simply foolish. There are so many people back then that decides to risk that way even though the price has become overvaluated and as a result the massive dump of bitcoin at early 2018.

Well, I think the possible earning is worth the risk. Our money is not earning anything while we are holding but if we manage to sell at the correct time the profit might make up for the opportunities lost while the money is stagnant. Anything over 5%/year held would be nice.


Yes, I think setting a target is key. Sure it might still rise after you've sold and that would make you feel bad a bit but at least you know you already have to money to buy for the next dip, which will come, eventually.

when is the right time to sell? it will be a waste of time, why not just trade the Bitcoin you have? great potential to get profits will be higher

Definitely, Holding Bitcoin is a good option for any situation but what about the halving issue? forget about the halving, Bitcoin holding always is worthy for anyone because certainly, it will bring a good amount of money, but for me when the price of Bitcoin is high then Bitcoin should be sold, short term or long term holding it doesn't matter, we should wait for the convenient moment, so spending Bitcoin is not a good idea, for me, If we can hold until the Bitcoin halving then it may a good thing for every Bitcoin holders but price high is the main thing.

I can trade if ever I want to buy I'm not good on it and this is more precious than the alts that I have. I don't have to sell it for the moment and if you want to trade it and you don't get rekt, good for you but this isn't a good tradable coin for me. I have other choice to trade rather than bitcoin.
It's not a waste of time to sell at the right time, it's effortless and worth it.

You have lost your mind, holding gives you profit, as long as it is sold more than you bought it. You see, divide your profits of selling by the days of holding it, that is answer is your daily profit.

Holding does not give you profit because the amount of Bitcoin you hold is still the same.  You only profit if you sell it higher than the price you bought it.  So no matter how we are incline to hold Bitcoin, profit only come when we finally convert it back to cash.  And don't rush to sell your Bitcoin right after the halving because if we look at the history of Bitcoin, the time where it peaked its rally is a year after the halving.

Indeed, bitcoin is always a place to invest in any case, the halving event is just a ray of hope to think that bitcoin will rise higher and sooner, so it will be effective or not, it's not so important when the end result is that the value of bitcoin will still increase with too high demand in the market, so much reference for the magical journey of bitcoin. And honestly, I don't have much appreciation for the topic that people talk when people think the halving event will help bitcoin go up, the demand for holding is so high and limiting selling in panic, this ratio will not help bitcoin can fly

The upcoming halving would definitely make a massive change on bitcoin's price and everyone is very hopeful about it. It is very vital that we start preparing our investment for it so that when it comes, we can make sure that it would be very beneficial and our long wait will be worth it after that. Although we are not really certain that it will boost bitcoin's value a lot, we should still believe that it would change the status of bitcoin wherein it will keep on rising instead of going down more often just like what we have now.

Most investors have been waiting for halving for such a long time and I believe that it will bring a huge impact on the price of Bitcoin. That's the reason why I keep on holding my Bitcoins and I have been trying to accumulate more so I would have a chance to gain a good profit with the prices strikes high. Yes, the market is unpredictable but there's no harm in hoping for the best market situation.

If I buy my bitcoin at a drop price then I will definitely hold mine now, but if its not, then it is not the time to hold because you will not get that much profit at halving time. I will probably wait for next dumping, it may be happen? maybe for sure coz we saw a decrease these past few days so it is worth the profit much if we purchase at lower price before halving started.

If you are a day trader or short term investor you must be made a profit by now, but if you are long term Investor HODL might be a good choice for you. I agree with OP's advice that everyone should create their cold wallet and start saving even though they are short term trader, at least in the future you have something that you can sell, but remember to keep your private key in the safest place.

I agree, "holding forever" doesn't make much of a sense, but if by "selling" you mean selling all of it, please consider the following. In July 2010 Bitcoin price went from $0.008 to $0.08. That was 900% increase. And maybe it looked like the right time to sell, but those who sold everything at the time were regretting it one year later, when the price was $30. Now, $30 looked like a really good price to sell everything at, because BTC went sharply down ending up at $2 level at the end of the year(2011). Yet, it was $266 in April 2013, and so on.

My point is, even if Bitcoin reaches $100k, don't sell everything. Leave yourself an opportunity to become much richer in the future.

It depends on how you hold your bitcoin. Does not matter how long you hold, as long as your profit once there you can cut it off and re-invest again or what so ever. While holding you also monitor the market price and know that you are being had profited or ready to harvest your gain. If the first and second halving showed the market increased, then, it is not impossible this third one will probably increase the price too. But nobody knows, that's why we keep holding and accumulating if you can.

Never keep on hodling, sell your coins whenever you are getting good profit and exit. Current bull run is giving good opportunity to many people to exit. You may sell now or buy in next dip. Thats how smart traders play in crypto market.

Halving is approaching and this time I still hold my bitcoin. I think there is a big impact on the price once halving will happen. Actually, people can decide to sell their bitcoin once in profit already. And also many expectation for the increase of bitcoin so as I am also being observant on bitcoin price to reach this year.

Nearly 118 day left, date is not important.  It just for showing the truth. There will be lots of halving its not the last one.  It's important to focus on reality for holding motivation.

make a small saving for future, make a cold wallet now and just leave it out for years.


making a cold wallet and save a bit of bitcoin, it doesn't effect your, day-trading, sells and buys, gambling and your altcoin investments.

But the point is are we even sure that the bitcoin can become more valuable in the future like what you said? $100k per each is not realistic, I do not say that trading is better than holding. I'm favor with trading because I'm a trader and not a investor. For me therr are more opportunities in trading than in holding. And we should also be aware that holding requires right timing.

I am not sure enough to hold back my emotions for not selling all. First, if I buy a lower amount of bitcoin and if I get double the profit, selling everything is the right thing for me.

The reality is not many people can control their emotions and selfishness to hold bitcoin longer if prices rise quickly above 50% of the capital thrown into the market.

The question would be, what if that time does not come?  We all know that the current Bitcoin market is bullish and the rally is just starting, so if we buy BTC now, there is a bigger possibility that we will profit in a shorter time than waiting for it to dump while the market has greater hype.  Buy now, hold and sell when it breaks ATH.

Seriously I’ve gotten sick of waiting for this bull run that people has-been predicting since 2018, it’s really been a long time and it’s starting to like really annoy me. The only reason why I’m keeping up with this is because of this halving that’s going to take place this year, so I have decided to have patience till then and see what’s going to happen.

I have really held some coins in my wallet for a long time. I have even seen people that are predicting there is not going to be any bull run, though I’m not saying there is 100% possibility for same thing that happened before to repeat itself, but I strongly believe that there’s going to be an increase.

Traders and holders surely have different strategies from one another. I'm sure there are many holders waiting for something like $100k for starting to cash out, while good traders cash out at any peak, and then buy back, partially at least, during a correction.

You are saying that $100k per 1 BTC is not realistic? Well, read or watch something regarding history of Bitcoin. Back in the old days, when BTC was less than $0.1 many were saying that it will never surpass $1, and they were more than confident that $1+ was unrealistic.

yes holding forever doesn't mean holding till grave. its mean that for years.  its writing on OP

100k / BTC is a very ambitious figure, expect instant massive corrections if price ever approaches near that number...

If that comes to pass, it will have massive implications for crypto currencies in general.
Bluechip companies routinely go for stock splits when their per share price reaches even 4 figures, if they want to keep an active popular demand...

BTC stabilizing even around say 50k USD will also almost certainly lead to at least one or more altcoins grabbing tremendous market share for day to day functionalities like "medium of exchange"...

the better the development of bitcoin, then the number is possible to be achieved, but indeed not in a short time. about the type of trading I think everyone will have their own strategies. selling at the peak and buying when prices are indeed more profitable, but the risk is also greater than investing

Bitcoin price is very volatile and there are peaks and trough every weeks. If the price goes below $8K again, it would be a nice price to buy.
But again if we aspect the price to reach $20K around the halving, today's price too would yield more than twice the profit in 4 months.
No other investments could provide such returns.

$8899 as of this moment. I don't know if there'll still be a drop before the halving but it's been rising these past few days. I think I'll keep on holding for now and wait the actual halving before I decide what to do with this.
That's possible. Maybe if it ever hits 100k use some of it to buy up alts. What do you think would be the likely "medium" alt? It seems XRP is quite popular where I'm at.

That's basically what im doing im accumulating even with small portions so that i can atleast earn some profit, halving is an event that lowers the rewards of mining and when halving comes the price surges. I wonder if this upcoming halving carries significance towards the price. I see bitcoin has recovered from its 80% correction approximately, so i hope this continues.

Only 116 days left now and the price looks like it is around $9k now, do you guys think price will get bigger and bigger until the halving? Can we really sustain this type of bull run until the halving day comes? I want to continue investing into bitcoin because I believe in it from the idealist perspective (it is a better investment than fiat ones) but I also do not want to be caught in a bad situation where price goes up and I buy it then price starts to go down as well, I got lucky so far and I have a decent amount of bitcoin in my wallet that I can actually sell and make a profit right now.

So, do I take the profit and leave and wait for it to go down? Or do I keep on getting more of it with the hopes that price would continue to go up? I am very indecisive right now about that, anyone care to share their opinion?

You have a good argument
Even if you really want to sell evreything because you are on a big profit for example, it's always interesting to not sell everything and stay with zero cryptos, because what's a good price today maybe it's not in a year or more
I've never sold all my coins, and I always try to have at least some USD and BTC to be in a good position in every market condition

In any case, what is happening today in the cryptocurrency market pleases the eyes of every cryptocurrency user.  Nevertheless, one cannot blindly believe all the predictions and forecasts of professionals and analysts of the cryptocurrency market, because each of us must remember the risks that exist in the cryptocurrency market.  Of course, proposals to keep Bitcoin and invest even more of your personal funds in it sound very tempting, but I believe that you need to adhere to a predetermined strategy, and keep only existing Bitcoins in your portfolio, and not replenish coin supplies at the current price.  It may be dangerous.

Yes, you're right that we shouldn't sell bitcoin right now. We've got to hold on to it until bitcoin's half down and the price pumps. And usually people who don't have much time to focus on cryptocurrencies carry out this long-term investment plan. But for people with a lot of time, focus on crypto as their main income. Then it might be wise to do trading I guess as it can bring you some good money.

It would be really dumb of people to sell this close to the halving.  I expect a pump in price from now until the halving.  Then the price will pribaly show a small correction before the next big move up to new highs.

Yes, probably it Should have been constructed under speculation. Halving is close by around the suspected period. Real traders doesn't need to totally stop trading but to be strategic about it. Although at this time buying is more adviceable because we have been patient enough to enjoy the good of it. There are some coin you cannot even sell now because they are almost valueless.and the ones the has better value has much more in the future and will be better on HODL.eyes are on them.

Even before, im not selling my btc if not really needed, I take profit at times but I prefer to hold and wait until it reach my set target price. Now that halving is approaching many people says not to sell instead accumulate more bitcoin because the price might spike after the said event.

Well im aware of the past history of btc, halving has a positive impact but we cant be too confident that the history will repeat. Nevertheless there's no pain if we believe and follow what some expert says because the price now is showing improvement. It doesnt matter if its true or not as long as you believe in btc because even bull run dont happen this year, there are other opportunity where we can witness it just wait.

We already observe the down and up price of bitcoin but until these days I'm not selling it. Although others are in panic when it's declined that they are able to sell it for sure they will realized how worth it to wait until such time of pump happen in bitcoin. Halving is approaching and I think of more growth will happen in bitcoin.

I expect TRX to perform very strongly in that role. Transactions are super fast and very cheap. Justin Sun routinely receives some bad publicity on western mainstream media presumably because he is getting robust support from Chinese sources, although he keeps delivering on his promises, and realistically TRX is accomplishing what many other altcoins are struggling to do so in fast and pragmatic ways.

PoS gets criticisms of centralization, but that can be diversified further, and the economics of the PoS system of the Tron Network is already working pretty smoothly.  

now is not the right time to sell, but buying more for halving is it worth it? I hope it will be the same as 2017. so maybe I will invite some people to invest and become rich in 2021.

Haven't done much trading in a while and so not familiar with this. I'll look it up. So far the only crypto aside from BTC that's supported by our local exchange are ETH, BCH and XRP, so I'd probably keep using the latter for now.

Yeah, you're right at the moment we're not supposed to sell bitcoin. We've got to hold on to it until bitcoin's half down and the demand pumps. So usually people who don't have much time to focus on cryptocurrencies carry out this long-term investment strategy. But for people with a lot of time, relying on crypto as their main income. Then I guess it will be more attractive for short-term investment or regular trading.

Accumulating bitcoin is actually good since the price is cheaper and everyon is expecting the parabolic cycle would occur on the next halving. If this would come true holding your accumulated bitcoin and selling it at one point on your desired price will be profitable. Holding forever is an overstatement. You will not enjoy your profit if you will not cash out at one point.

Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

Holding is best only if you have no skills in trading but if you think you can make more profits in trading than simply holding, then go for it. Halving is a good start for bitcoin price to pump but if we can double our profits before the time of halving, i think it would be much better.

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

it's a good way than buying as much as possible because our money is limited, so it is better to grow with daily trading. but you must remember when the hype halving makes bitcoin increase, altcoin will down. you must be careful and focus when the down signal is coming. take the moment when it comes down as much as possible to get it at a low price because in the end altcoin will follow the rise of bitcoin.

Bitcoin halving, so many speculations surrounding that subject and a lot of people have been panicking that the recent drop in the market may be leading to another heavy drop in the market. I would say to play it safe no matter what.



Hoping the price goes beyond this, and we get to like $10k.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.


trust me: make a cold wallet and hold a bit of bitcoin for a long time.

Better say for 50-50 partition when it comes to Bitcoin hodling for years and the other portion is for active buy and sell and when you do profit then those bitcoin that had been accumulated would be put up on cold storage.
Rinse and Repeat until you earn a considerable amount for long term but of course, dont forget to sell them out when we're on the best opportunity because chances doesnt come often and missing it out
would really give regrets that you wont ever forget.Now, we are heading towards halving but doesnt mean you wont sell.Ive been actively trading and my sell point is before on the main event yet huge sell out
would most likely to happen on that time.

There is now a confirmation that market reversal will happen. There are now many opportunities to get a good position where we can have a profit while the uptrend is now forming. Holding while the trend is in bullish is good but holding when the bear market is not a good idea because of the high selling pressure. For those trend followers, there is no target profit because the right time to sell is when the uptrend snaps.

Most of the conversations are now about the upcoming halving. I think this is the biggest reason for the price of Bitcoin to rise this year. Miners are already moving their farms to more powerful mining equipment. No one refuses to mining Bitcoin due to the fact that the complexity of its production will increase. This means that large miners assume that the price increase will be due to a decrease in supply on the market.

you are right op in my opinion most of the bitcoin holders would choose to keep holding bitcoi. until bitcoin is reduced by half and pumping high as we expected. but I think this only applies to people who use bitcoin for long-term investment. but for people who are short-term investments or traders they will sell their bitcoin when bitcoin increases do not need to wait for bitcoin to be reduced by half.

You wrong with ideas keep holding bitcoin during halving time is coming, why many time you look want to make stupid keep holding because after halving bitcoin risk with lower price, never hear some one want to hold bitcoin but they are never holding bitcoin and get moment to make many people really trusted with bitcoin become good assets for the future.

Well on my side, I do not really expect the bitcoin to rise up that much since it will still depends on how the consumer take care on their bitcoin holdings. If they sell it too early, it may not increase that high since the volume of the coin in the exchange will now grow. But, I am hoping that this thing will happen. For sure, all of the bitcoin holders will become a millionaire in just a snap. Lets just trust the process of bitcoin halving as of now.

It’s very important that people hold some bitcoins in their wallet, even if you’re a day trader you still have to keep some coins in your Bitcoin wallet and any other coins you would like to save because at times the biggest profit might come from long term Hodl. We don’t really know how the situation might be after the Halving, there is no assurance that the same thing that happened in the past, the bull runs, will repeat itself this time around.

I have seen a lot of technical analysis and the price seems to be moving the same direction and I strongly there will be a bull run after the next Halving. I have invested an amount according to my level of risk and I’m waiting for it.

there will definitely be movement, but if you look at the halving beforehand, the movement will not occur simultaneously when halving occurs, the movement that occurs in my opinion is like a FOMO or FUD. we will still wait for quite a long time if prices will move significantly like previous halving. but I don't know whether this year halving will be so hype that it makes people FOMO or FUD so that before and after there will be a high enough increase?

You make a good point. Now that everyone anticipates the halving, it would be quite difficult to know when and how the movement will occur. Most likely towards the -ve trend, but one can not be too sure at the moment. In any case, holding BTC long term still pays off imho.

I guess a lot of people don't want to miss that moment. days approaching that moment, I think there will be a lot of fomo. and in the end there will be an increase in prices as there is demand. and after that many people will wait for the results of the news to determine the steps after the halving bitcoin occurs, at that time there will certainly be a big movement, whether fomo or fud

I advise caution not to fomo when approaching halving, I worry when the price goes up it will dump again or make corrections because it rises too fast when halving happens and based on history it's not like that. certainly I am waiting for the peak of the increase in 2021.

I think it has become a natural thing that cryptocurrency price movements will always go up and down, you only need to take advantage of the moment of coin price movements when they fall then you can buy them and when prices go up you can sell them, you should not be affected by buying coins when prices are high because it can make you stuck at expensive prices and make you lose because you can not use your trading capital.

I know it is a fluctuation, and that is normal because fluctuation is one of the big advantages that we can get from trading cryptocurrencies. in trading you must always prepare more funds, to backup if your capital is stuck.

We notice the price pump but we cannot assure if it still rise until bitcoin halving. I think even the price rise before halving, after that it will back to normal and the price we can see will falling down again. So be wise from your bitcoin but it is better if we hold our bitcoin.

Having a backup plan for your investments is the one of best strategy to reduce the level of risk and increase the chances of profits. One other way to avoid the risk is you can involve yourself in both short term and long term investments. As in short term or daily trading the chances of changes are low so the chances of lose are also low. You can also hold the rest for the time of more rise in price tom get big results.

Is it possible to know which prices we should consider "high"? For example, in the beginning of September 2017 the price of BTC reached $4,600+, which was a great improvement in comparison with the previous ATH, $1,150. But was it the right time to sell? Hardly. Because the price was $19k+ just 3 months later. In short, I think that selling more than 50% of what you have is never a good idea.

I think before bitcoin halving is a good time for us to sell bitcoins. Why not after halving like other halving? because Litecoin has let me down and I think this market is moving towards collecting coins for early selling. That happened to Litecoin, many sold off after halving and the price of Litecoin is now very low. So to keep your portfolio safe, you should set price targets and sell it before halving to avoid panic sell by whales.

litecoin is different from btc  and did you sell imediately before everyone sells out  ? or you are only late , thats why you got caught up by a dump  .

also , did the litecoin price rise before the halving   ?  if yes , you should sell yours and you dont need to wait for more because being greedy is something that lead us to loose   .  btc halving is approaching but these days we can see that btc price fell down   .  it could be that the down continue or become worst once the halving time is getting close 

of course, I'm not going to sell them, we are in the best time of accumulation period, I am trying to get as much as could on the best coin to hodl I even take a loan for this coming halving, its not a bank loan but a loan from a friend with very minimum interest, I'm confident that the profit I'll get is higher than my interest. 

The best accumulation period is 2018-2019 in my opinion.

Bitcoin today is quite expensive at $8k, although you can still invest on it, but the best price is around $3k-$6k. So we don't know if that opportunity will present itself again. As the price seems to be slowly peaking at $9k and we might see 5 digits again maybe next month.

As far as halving, I'm sure that there will be a lot of holders, not willing to sell and will wait till after the halving and see how their portfolio are going to make them profits. We're all waiting for another bullrun and all time high, and this is possible after weeks and months of the halving, so better be a HOLDer.

That is very right :) some people just don’t know about halving. Judging from the experience with the last two halving and the chart going the same way as of then, there’s likely to be another bull run after this Halving. I have not even seen anyone here mention anything about holding Bitcoin , they just talk about other things and they don’t talk about Hodl.

I am not good at day trading , so Hodl has been my thing since I started with Bitcoin and it has really been working out for me, though there are times I do experience loss.

I like the enthusiasm this year after 2 years of bearish market. We are still not in a bull market certainly. But if the sentiments stay strong, we might get in one. Right now market is still trying to overcome from bear cycle. This speculation surrounding the halving could help in giving that one push after that the positive sentiments will do the rest. Let's see how it all turns out. Even I am accepting a fomo before halving.

Hodl your coins!

nice countdown mate but i already holds my Bitcoins and will keep holding this year,though i am having difficulties deciding which will be spend in case of emergency is that my Altcoins or part of my Bitcoin?because we cannot deny the fact that things will happen along the way while we are waiting for Halving this May.
great job mate but please dont do it again of taking loans just to Invest in volatile market like Bitcoin,because the safest way to venture here is to avoid risking money that you cannot afford to lose.

I wouldn't exactly call it overcoming the "bear cycle", rather the downwarding channel, which was actually a very good reality check after the overcoming of the bear market in 2019 and its rally to $13200. The trend downwards is just to put us back to the ground, the halving is still 3 months away, so there is still time for accumulation and weak hands to get shaky. Lucky for us, the halving is extremely bullish and people really try to hold on their coins for the next bull.

All of my friends group discussions are ending with this statement now. Not the time to sell Bitcoin, accumulation time going on. I have sold some of my alts recently and converted them to btc as I wanted to hold more in terms of BTC. My opinion is that the rally will start after the halving so still time is there.

But this is not the first time bitcoin will be going for 20k dollars. In 2017 this also happened and it continued for quite many days. If previous halving happened at low prices of bitcoin, same is the condition of bitcoin right now. Fiat is limited but not more limited than bitcoin itself. I believe that the halving is going to push price beyond 20k dollars easily since people are ready to invest big money before halving which will eventually add on to the effect of halving.

I think with margin trading we won't have the pumps that we had before Bitcoin Futures and leverage trading appeared on the Scene for Bitcoin and Cryptos. Also, bear in mind most Bitcoin has been mined now and every time there is a halving, less and less Bitcoin is mined. The only thing that really can boost the price is more mass adoption and more people buying and holding to the point that it exceeds those trading on leverage. As soon as BTC pumps a little, you get the margin traders dumping and shorting the market. They don't have the patience to make the x 10 gains we used to see in the early days. When a trader is trading with 100:1 leverage, he only needs to see BTC move by a small percentage to make considerable gains, so if the shorters are making a ton of profit shorting with just a few percentages in gain, they will continue to do this. It's easy money for them. I still think Bitcoin is a great store of value compared to FIAT though.

It'll be the most sensible thing to do honestly. You expect an increase on your assets so hodl on them until the increase comes in, then you sell it. And I like the enthusiasm most people here are showing right now. I mean, after almost 2 years of bad news and stale progress, we have already received great news regarding bitcoin's price. I cannot be more happier. Just hoping that less weak-hearted people come in here only to sell their coins after they find out it's not a get rich-scheme. Just hoping for the best.

I really look forward to not just surge in bitcoin price after halving,  but also fast approach to mass adoption. 
We shouldn't be selfish about price surge, but also in working towards mass adoption.

It's time to buy some bitcoins as the price is very low and later on it will rise. If you have altcoins you can convert all of them into bitcoin and store them to bitcoin. Now is time to keep holding and waiting for the price fast recovery as market takes it's own time to recover. Recent halving made good approach toward bullish market and it's going to be fully high soon we just need to keep holding.

Everyone is hoping best and crypto will not make its users hopeless. Bitcoin is rising, people who have hold their money for long time will get good benefits like big bonus and similarly who are making small investments will also be benefited. Stay happier and you will be happiest by the halving effects. I am also very hopeful, be determined, stay positive and ignore haters.

Yes there are too much expectations from the upcoming halving,Traders,investors looking for best price of Bitcoin to hold for halving.Mentioned charts predicted according the past history of the Bitcoin but i think may rise more as predicted because the adoption of Bitcoin increased as past and the demand of Bitcoin is also increasing day by day.Hope for best and see what happens to Bitcoin and crypto market after halving at least we will learn many things from this great event.

Investors will be the accumulating for the past few years when the market went down and this time around i have different thoughts about the rally, i am expecting the market to reach the all time high valuation and i am not expecting a mad rally like we saw last time but even if we see a rally i am not expecting soon after the halving.

Your analysis was quite closed to what happened now at the price of bitcoin in the market mate.
I know for sure that everybody are smiling for what was going on in the performance of bitcoin as well.
I do really wish it will continue more and more now. Just hold on guys.

I am also very hopeful and I have adopted the same strategy of ignoring the criticism. I always take every type of criticism as motivation for me and I use it in possible way. This never let me downfall, and always encourage me to do more effort. Beside that I never believe on the posts and news shared by the people, I always check all the information by myself. Our hopes will never discourage us in crypto.

It settled a bit at $9300 and slowly going down. Felt tempted to try to sell and maybe wait for a slight drop but managed to push through and hold. If we don't get a massive bull run on halving, we could maybe 2 months or so after judging by previous halving results.


True. It just don't make sense that the epidemic should cause a price hike. I'm expecting people to actually panic and take out their money and spend it protect themselves.

Of course we could have billionaire whales who are unbothered (and are prepared for black swan events like this) and would try to pump it but again, they'd probably also expect the masses to sell rather than buy.

There would be definitely some pullbacks but if it would tank or hold up on $9300+ price then possibly we would able to reach or break that 10k resistance.We cant still be sure if we would able to witness the same
situation on previous halvings and if we do tend to hold and wait up for that moment then buying on particular levels wont really be that an issue.

We do really have that mindset that halving events do trigger out bull runs but this isnt always the case because history might or might not repeat.

Yes, there'll be a fair amount of guessing for regular users. I believe there are analytic tools out there for predicting movement but I don't have access to that so I'd have to rely on hunches. Either way if we are staying here for years anyway we'd be able to recover even if we sold at the wrong time.

Don't worry, they are all nothing more than hunches. If there were reliable tools for predicting price movements, we would know about them already, because people would be selling them for huge prices, and those who bought them would be leaving positive reviews. Another option would be some genius anarchist sharing such tools for free. But there are no such things going on currently, as far as I can tell.

I think indeed the existence of halving bitcoin can have a good impact because the price can go up because it will be increasingly difficult to be able to get bitcoin and demand will increase, that is because the price of bitcoin can potentially be very expensive from year to year.

I think not till the halving but one should think about before the halving one should actually sell , on the halving the price is drastically gonna fall a lot , because the bitcoins will be at their highest in long long months and now one should understand that if it's like that then sooner or later people will sell and the market will go down and you will still sit waiting for the next halving and we have already started seeing all the affects of the halving.
And to all the people calling Corona virus an epidemic trust me it's not that yet.

As usual, speculators will in any case react to what is happening on the cryptocurrency market.  If the price of Bitcoin rises to a maximum level and lingers at that level for a certain period, then speculators in any case will increase the volume of “supply” of Bitcoin in the market in order to lower the price, since it will be profitable for them to make cryptocurrency price fluctuations rather than stabilize them.

the good news are that it can happen even with USD so it is a sign of maturity of bitcoin

Yeah, I agree and that's another bigger opportunity, I mean, if the price is to rise in the following year after halving, imagine what can holding all coins up until next year can do to your portfolio even if it's less amount but gradual savings :)

I plan to sell before the halving happens. If you just hold then you won't have any profit. I've learned my lesson since 2017's ATH.
I've been holding since that time and regret I didn't sell. I will take my profit anytime soon and just wait again when I can buy at a cheap price.
If price soars too high I would sell only a portion of it then keep the remaining until the next halving.

I also have a plan like that, but I will sell 50% of the bitcoin that I have, this is due to my experience when rumors Baakt can make prices go up high, but in reality there is no to the moon

"Cheap price" may never happen again, so I tend to agree with your intention, expressed in the last sentence, about selling only a portion of it. No one can tell what is "too high" for Bitcoin, as long as it is still below $1 million. I personally think that $1 million is unlikely to happen, but $200k is pretty much possible. So, be careful while deciding when to sell, and never sell all of it, at least before we have surpassed the previous ATH.

I think people should recommend when to sell and when to buy instead of only approaching to buy and not to sell! There were many predictions like this, in 2017. Many people listened and kept holding as they said BTC price will be 40K USD, and the rest of the history you may know already. So, I do not agree with this suggestion, but still thank you for your helpful thread.