My Preparations for BTC Halving and bull market

[Japinat]

Investing into bitcoin is risk free, and gives the best profit. How can this be achieved is a an unknown myth. Based on my understanding whether the market is predicted to be bullish or bearish we should have the positive thinking. When we stay positive our act should be the same. For this it is always good to keep ourselves prepared to face the worst market situation. When we've kept our portfolio ready to face any form of fluctuations we can stay successful in the market.

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

History might still repeat itself and bring a lot of profits to those who deserve it. This is the reason why we need to take part in the preparation for the next halving and we can only do that through filling up our portfolio with potential coins like bitcoin. The more we get to store bitcoin in our portfolio, the higher our future profits will be. Through DCA, we can always achieve that goal. But we should never forget that investing using our spare money is important so that if the price will have to drop in the future, at least we can avoid from panic selling as we don't need our funds yet that badly. Investing for long term goal should always be encourage.

[freedomgo]

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

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

Well, there are always inevitable drops that are definitely hard to control and I think everyone has seen it coming. But if you were able to prepare for it, you will not be triggered if there are sudden crash or sideways in the market. For sure, that's just temporary and after a couple of days or weeks, bitcoin price will eventually surge high again. Although we can't be certain if bitcoin halving will still bring us profits, but it's better to prepare for it so that we will never miss another opportunity that might change our current social status in life.

[justdimin]

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

Not only it can discourage us to sell because it's a bit hassle to transfer our coins or to make a transaction but it can also protect our wallets from malicious threats. I think only those who have tons of Bitcoin on them are doing this. This people have a spare fund outside that they can use on emergency situation so they will never sell their coins easily. For those who aren't like that, they can sell when they badly needed a money as they may lack money outside but they won't also regret it because they use the money on important things.

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

Definitely a smart move, not a lot of people could really understand it completely because they do not understand how it works but if you use stuff like ledger or trezor then you are going to be able to say that you are more secure and that matters. I understand that some people may feel a bit different in that regard and I get that, you do not have to feel the same way and it could reach to a different point, but as long as you could make it work, there is nothing wrong with that at all.

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

[superman184]

I used 80% of fund on BTC and the other 20% on alts

This is courage and maybe you already know that Bitcoin is indeed better than any altcoin now so you have made a wise decision by placing 80% of your funds in Bitcoin and the remaining small amount in altcoins. I hope you can be consistent enough with this decision because you are not wrong in making a decision, you just have to be able to have consistency in holding it for the long term. Because when profits come, it will definitely be more from Bitcoin, not from altcoins.

[Ale88]

My targets are clear and will sell in parts after bitcoin reaches new highs.

At this point it would interesting if you could share your targets: you mentioned selling only after we reach a new ATH, but does that mean that $80k for you would be acceptable since the previous ATH was $69k? Personally I wouldn't sell before reaching at least $110-120k, and that would mean selling at a price which is not even double the previous ATH, and to be honest if we don't reach at least those numbers for me it would be a big deception.

[Viscore]

Your investment plan is great. However, if I may suggest, do not just focus on bitcoin but also take some risk from established altcoins. Others are even risking a lot through investing in meme coins but I won't suggest doing that because the probability rate to profit is like 50/50. Just prepare a higher allocation funds for bitcoin and diversify it with some potential altcoins that until now still on top of the marketcap.

[Baofeng]

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

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

Well, there are always inevitable drops that are definitely hard to control and I think everyone has seen it coming. But if you were able to prepare for it, you will not be triggered if there are sudden crash or sideways in the market. For sure, that's just temporary and after a couple of days or weeks, bitcoin price will eventually surge high again. Although we can't be certain if bitcoin halving will still bring us profits, but it's better to prepare for it so that we will never miss another opportunity that might change our current social status in life.

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

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

[Mauser]

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

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

[Blitzboy]

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

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

Its interesting how these round numbers, like "ATH," become more than just numbers; they become emotional markers. The strange thing about people is that they look for patterns, and round numbers become these invisible goals.

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

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