Bitcoin Forum

Take advantage of the Bitcoin halving and make a small profit

No doubt, those who can should make sure they have bought enough Bitcoin so that they can get as much profit as possible once the second phase of the bull run starts in which we don't know how far the price of Bitcoin might go. Though the price of Bitcoin is quite low at the moment, it isn't the best price for buying but since we don't know whether the price will go any lower or not, investors need to start doing DCA from this point to make sure they don't miss this price point.

Since you didn't mention anything in the OP about it, I assume you mean altcoins by junk coins and even though you are right that one shouldn't hold a lot of altcoins, I don't agree that all altcoins are junk but a lot of them can be very profitable during the bull run alongside Bitcoin.

Yeah no doubt for pointing about something to invest directly on bitcoin since its no brainer after all that bitcoin is really the best investment we can get. But the problem is the execution and thinking about for short term then get small profit since any corrections might affect our decision so instead that we can earn we might lose our money especially if we don't know how to handle well our bitcoins since the only thing we expect is to earn about bitcoin. Risk management is important before we can achieve that.

Maybe OP is 100% into bitcoins and nothing wrong with this but I also doesn't agree that all altcoins is a junk since there are a lot of them performing good. Its our choice if we want to choose multiple investment and don't focus only on bitcoin since there are people believe on something that they need to split up their funds on multiple investment so that they can get a possible good result.

I've been doing that every halving. But most of us, just like those that have junkcoins based on the description you've got in your title, we also want to make big profits.

But determining how much profit we'll make also depends on the capital that we're going to invest on each assets that we're interested with and for example, with Bitcoin.

Yes, that's what he meant to say. Sell altcoins, shitcoins, meme coins and buy Bitcoin.

This is bitcoin maximalist mindset and there's really nothing wrong about it the guy just want to get less pressure on his invest that's why he decide to invest only on bitcoin since we all know that there's more potential to gain especially if know a lot about what strategies for accumulating is really convenient or working for us. But for other people maybe for now they still trying to explore their selves on those shitcoins that's why they still add this on their investments. But if they lose a lot and could able to know that holding bitcoin is more better option then for sure that they would join a lot of people do this hodl movement for long term profit gaining.

Yup.

It's actually a good strategy that we're all going to agree that whoever does it, is doing it correctly. There's so much to look at those interesting thoughts about being invested in the market and only stays on Bitcoin. I've been like that before but I've tried to explore and I guess that I am on the regretful part of it.

Because of diversification, I'm having the part of being happy but at the same time sad when things aren't doing good. But this is normal, so being a bitcoin maxi is still the best on this market.

I already sold all coin just hold few top coin with my following % Average

BTC 60% BTC

 15% USDT

 10% ETH

 6% XRP

 3% BNB

 2% Polygon ( Matic)

 2% XRP

 2% ADA ( Cardano)

Bitcoin has halved, it is not really predictable whether Bitcoin will rise in the coming days. But currently Bitcoin is looking bullish. I don't think it's a bad decision to invest in Bitcoin yet, if the bull season starts in the future we can see the price of Bitcoin go up a lot. I don't know what you mean by junk coins, but if you mean altcoins, I wouldn't consider the top alt coins to be junk. If Bitcoin goes up in the coming bull season, I think the top altcoins will too.

Your argument is not completely dismissed, investing in bitcoin at this time is almost certain to make you profitable.
But I would say that in the currently dips market, you may not get the opportunity to buy at this sinking price in the future - so you buy and hold Bitcoin. This HOLD bitcoin will make you much more profitable - long term investment. A bull run could take bitcoin to $100k soon. So you try to have a lot of profit instead of expecting small profit.

Market reliable coins should always be retained and market reliable points should always be preferred. There is no need to waste time unnecessarily holding on to coins that have no future prospects. In that case the bitcoins can be held and any other coins that are less likely to be sold can be sold.

BTC Still remain the coin you can invest in the halving season, and you will not be panic like other altcoins hodlers use to be panic in the altcoins halving because the bull run will surely occur that will make those that use the halving period to embrace the opportunity to get profit at the end of the market.  

But if you want to make a big profit from BTC, try to exercise patience for the price to go down again in the bear market before you can buy from the market, and the gas fee of BTC has rise higher, which is not advisable for people to use huge amount of money to buy BTC now than to wait before the end of this month for the gas fees to reduce.

Do you know you can make a big profit from your hodling, all you need to do is to hodl for a long years before you can sell to get the big profit from the market, because the price of BTC use to rise higher for hodlers to use the opportunity to sell and save money for another bear market to come.

US trend against privacy and the strong campaign against privacy wallets or mixiers, and no one knows what the end of the year will be like if all this activity in the first four months will make privacy an attractive thing, at least in the long term, buying XMR may not be a bad option, at least in the long term. I will buy litecoin for a small amount to use when bitcoin fees are high.
I will buy Ethereum if the Ethereum ETF is approved.

Thus, a better return than investing in Bitcoin alone, and I took into account some cases in which Bitcoin alone may not be the best option.

Not a small profit from Bitcoin, you will be able to achieve a much higher profit, just need long-term holding. The best way to earn from Bitcoin is to invest using the DCA method and hold it for the long term. Once you understand Bitcoin well and trust Bitcoin and hold it for a long time, it will give you huge profits in the future. Right now the price of bitcoin is very low, and just a few days ago the halving of bitcoin was completed, that is, we can say for sure that the price of bitcoin will start to increase and it will cross 100K.

That is, don't miss this opportunity, invest in Bitcoin instead of investing in other coins, it will give you more high profit than other coins.

I would say that its going to be the best thing that you could do in your cryptocurrency invest to stick to Bitcoin and avoid junk tokens in the market, in the past Bullrun I had a lot of funds wasted investing on promising tokens in the market and thinking that it is already the best token that is going to make me rich but it wasn't, and it didn't really do anything, I just lose a huge amount of money that I could have just invested on Bitcoin instead. Still, it's not that bad to diversify your investment as long as you know your limits, I still have a few altcoins in the portfolio that one that I think have a good potential to make me good profit in the coming Bullrun, but my portfolio is still focused on Bitcoin, having a huge percentage in Bitcoin, probably only around 5% was altcoin just to have some fun and possible profit.

If you're going to take advantage of the Bitcoin halving probably its a good move to sell in the last pump when it reaches the all-time high since its probably the last time that we are going to see it, most of the time the market crash in the Bitcoin halving, so I'm really expected for a huge correction in the coming months, probably because of the market congestion and high fees why we delay the market crash but still expecting it, its either so sell on the last all-time high, then reinvest on the drop or hold until the next bull run.

You don't only buy Bitcoin to make a few dollar profits, instead you accumulate as much as possible and hodl, for it is the amount of Bitcoin you have and how long your were able to hold that will determine how much of profits you will have, buy and hold Bitcoin for as long as achieving a reasonable size of Bitcoin possibly within 4 to 10 years or more that you can have a compounded value of your Bitcoin investment over time, yeah you can do whatever you like, but just Note that Bitcoin is best performanced when view on a long term perspective.

never mind, there is no better coin investment than bitcoin. Even though with altcoins you can get perhaps more profits in a short time, it will still end up returning to Bitcoin.
It's okay to diversify into altcoins, but still only use a small portion and not affect the bitcoin portfolio which is the main investment.

The big correction after the halving this time is actually an important moment to own bitcoin at a cheaper price than usual, let's just say this is a discount price before a few more years during the bull run, you will get big profits from there.

I can't agree less with what you're saying, for those that have the resources to accumulate Bitcoin now, this temporary price dip that we're experiencing now is the best time to do just that, the more it dips, the better for it's buyers, because eventually price surge will happen, as we're entering bull run.

Like some comments on this thread, I agree that it's not all altcoins that are junk, I wouldn't consider top altcoins like Ethereum, BNB, Solana and the rest of the reputable bunch as worthless, they're worth holding, and during Bitcoin bull run, it'll boost the altcoins bull run too. I'll agree if you call most new projects junks, because most of them are scams.

In fact, large profits will be obtained if large amounts of Bitcoin are purchased.
Halving Bitcoin price is lower than before the halving. Previously the price was above $61,000, now Bitcoin is trading at a price below $60,000. There is no reason to say that you will make a buying decision when the price is below it again.

If Bitcoin is purchased at the current purchase price, the profit will be not small but large one day from price returns because the bullish potential has not disappeared even though the price has decreased.
We have no doubts on Bitcoin. We still need patience until finally we will be happy with Bitcoin.

You did very well, if Bitcoin has the highest percentage in your crypto wallet then you are smart, it doesn't matter to me how much I invested in altcoins, I care about quality, if the project has good quality I am adding it to my bag, but having Bitcoin is a must.

Bitcoin is for a long term, something I will always have even if I sold for profit I will always buy back but altcoins will fade away, especially the brand new ones that are raising millions of funds right now.

Just sell them when they make new highs and hold your USDT until the next bear market, the fact is most altcoins won't be here anymore after a successful bull market, they aren't coming back, it is just a nice way of getting better ROI to me, so that I can have more Bitcoin in the end.

You can sell the altcoins you own to buy bitcoin. For this reason, you don't need to have a lot of altcoins and just focus on bitcoin. If you still want to invest in altcoins, you can just choose the top altcoins so you can hope to make a profit.
But it is difficult to know which altcoins can provide benefits for you because with so many altcoins on the market, you need to do research one by one. That is why many people cannot make a profit by investing in altcoins.
But if you decide to invest a larger portion in bitcoin, you can hope to make a profit during the bull run later. So be careful if you want to invest in altcoins and do your research before you decide.

the way it ought to be should be that you consider Bitcoin as the main dorman that takes in all the profit you get from whatever gambling you did with altcoin and you just reinvest it into Bitcoin .

So you have a narrative as this;
Should I make profit from my junk coin during the bull, it all goes into buying more Bitcoin. So, yeah you need to sell junkcoin and buy Bitcoin, that's the real deal.

Investing in Bitcoin is a good advantage and it has more profit to give than other cryptocurrencies. Bitcoin has better profit to give than other cryptocurrencies. It is so risky to invest in altcoins because it is not safe and reliable in the market. It is not too late to invest in bitcoin,  and it won't be a bad idea if all shitcoins investment are put to an end and begin to invest bitcoin.  It makes no sense of having more investment in altcoins when it is well known that bitcoin is the best investment to go into in cryptocurrency,  and every other coin are looking up to bitcoin in the Market.

Nobody could buy bitcoin because of the transaction fee was very high and also to sell was a problem but after the halving bitcoin price came down and the transaction fee also reduces to even 13 SATs so people can buy bitcoin now that the transaction fee is very low. Though many people were planning to buy some bitcoin in their portfolios in the halving if things were good but things were not favourable so everyone interest were destabilize. But now the market  is okay to invest. So no complain.

Bitcoin is the best compared to other cryptocurrency and its acceptance is increasing day by day all over the world and best for investment. Alternatives may risk your capital up to multiples but your best investment choice should be BTC. I will not deny its risk but if you diversify your portfolio with long term investments you can stay out of risk.

It's clear that only few investors want a small profit, what can small profits do? It's better to buy and hold, if possible just keep on accumulating for the better days. As time goes on Bitcoin continues to increase, even when it reduces it will still get high because that's the nature of Bitcoin. Bitcoin is not a thing one should rush and buy because he/she want to gain little profit. Halving is halving, you must  buy, accumulate and hold for the perfect time to sell.