I have been saving up and accumulating as much as I could, believing that the next halving would also set a new ATH and I could get a huge profit from it. But if it doesn't then for me I still consider this as a great investment and I could just wait for it to climb up again. If the halving wouldn't make it rise up then I am sure that there would be so many reason's in the future for it to set a new record of ATH.
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Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.
If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?
I would just split the prize since it is already a good amount of money and I could buy so many things from that prize. I don't want to be consumed by my greed anymore just like what happens in the past either it is in gambling or at trading. I used to aim for a higher profit and end up losing instead of gaining.
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To be honest I am expecting a new ATH because of it, I mean in the past halving we have seen Bitcoin creating a new ATH so I am also expecting it to have a new record because of it. But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.
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We are not rich like them but I remember my father supporting me and even laughing at me whenever I confess that I am gambling with my classmates and friends through PC Lan games like DOTA and Counter strike back when I was a student. It was like a regular topic for us but he always remind me to study well and don't let it consume me, gambling is fun but you must also remind yourself about your limits.
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What I like about Bitcoin or crypto is the anonymity and how we could earn on our own time. How easily we could use it to be honest I know some people who actually had crypto wallet first before having a bank account because of the same reason, they want anonymity.
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Proud to be a Filipino and I would love to visit it to relax and have some fun with my friends. To be honest some of my friends are already planning to visit Boracay even before this news, so might as well enjoy it with them if it would happen anytime soon.
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I am not against it but as much as I could I want my kid to enjoy her youth by playing and doing what she loves. We as an adult know how complicated and sometimes stressful crypto could be. I don't want her to feel it at a very young age.
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For me Bitcoin would never die it has faced so many ups and downs before but it is still kicking. I don't know how many times I have heard something like this whenever Bitcoin is having a downfall we would hear so many negative comments about Bitcoin.
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You will agree with me that society and the environment can have a great influence on the lifestyle of every individual, you often can find yourself doing, or being involved in that activity that almost everyone is involved with in that your locale as a result of influence. Now considering someone who is a gambling addict, is there any possibility of him/her becoming better if they are relocated to another environment or society where people around are not involved in gambling?
Can someone still develop the habit of gambling and become an addict even though no one around gambles?
For me if the person is already addicted to it then there is a low chance that he/she would stop even if he/she moves to a new place. We have so many online gambling sites nowadays so it would really be hard to stop for someone who is already addicted to it.
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I think only few would have been lucky to resist the temptation on selling their Bitcoin when they gained a lot of profit on the earlier years. I am curious on how many early adopters are still holding their early investment up to this moment.
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For me I think Satoshi still visit the forum I mean if you were the creator wouldn't you be curious about how it is? But if he/she or they aren't into crypto anymore I think they would be busy with another project who knows maybe we would hear from Satoshi again someday, but not about Bitcoin and it could be the project that he/she or they have been working on after leaving Bitcoin behind.
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I also done something like that before but only few of them are really interested in crypto. Some of them just like to listen or hang out some of them did invest and earn from it, and I am happy that somehow I manage to help them.
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I agree that crypto has always been volatile, But I don't think that a whale alone could really do that. They need something that would create FOMO or FUD, We could say someone that have a huge influence to the people like Elon who created a wave for Dogecoin.
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It would depends on the situation but honestly speaking I would think that Bitcoin is dying, although I would still have faith with it. If I think that it would continue to fall then I'll wait but if I think that it already hits the bottom then I'll buy for sure. Who would want to miss out that opportunity?
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Money does not need to be "backed up" by something. In fact no money in the world is backed up by anything. Take US dollar for example, it is not backed up by anything except a stupid faith 70 years ago. So the real question you need to be answering first is why should bitcoin be different from other currencies?
Exactly, I think everything depends on the stock and demand. We are the ones who are naming the price of things or even currency on this world. The market decides the price of everything based on the demand.
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Back in 2016 most of the friends that I met in crypto are around 16-20, So most of us are 20-30 now and I am thankful for crypto because I met so many friends and made some great memories with them.
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I am one of those people who also avoids politics, But complaint if things didn't go well. I just don't want to waste my energy on debating about something that wouldn't really be helpful or useful to me. Besides I am not really interested about it.
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I would sell almost everything that I could just to accumulate more this time. I believe that it would bounce back before halving so I like to get more this time before it starts to move up again.
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Holding, It is the only step that I am doing right now since I gain some crypto when it went down for the last couple of days. I am planning on holding it for a bit of time then sell and wait for another price fall to happen.
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It doesn't matter if you enter the market recently or from the early years. It all comes down to how you would handle your investment because surely if your an early investor and always looking at the price, You would take your profit whenever it hits the mark that you set and you wouldn't just HODL it all up till now.
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