Your plan if no significant move on Bitcoin price along with the halving?

[Rengga Jati]

- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

We all know based on the historical data, Bitcoin should increase more than $20,000 in 2021. The first and second halving have proven significant moves on Bitcoin values. So, it makes sense if we believe that in 2021 will be another great year for Bitcoin.

However, who knows about it. No guarantee for the rising of Bitcoin value. Since Bitcoin is decentralized and no authority to have the responsibility, a bad scenario may happen to break off our expectations. So, how if there is no significant move on Bitcoin price in the upcoming halving? What is your plan as a Bitcoin holder?

- Disappointed and directly trade all holding Bitcoins. 
- Keep holding until the next rising.
- No idea. I will think and replan later.
- Others (Write down on your reply).

*Sorry if this topic was already discussed before. I've used the search button and find out no result.

[Wexnident]

Uhm replan? I mean, I should have a general idea of how BTC would move after the halving if it doesn't boom off like how we all anticipated. Determining whether BTC would actually drop off the famous coins because of this or it's actually just lazying around, feeling the sun kinda moment is something I should probably get the answer once 2021(end of it) comes. It also depends on what would actually happen in the year of the halving, aka next year. You never know, movement of BTC may actually move up its time frame, happening a little bit after a few months after the exact halving.

[Jan-Choeks]

Based on the stock to flow ratio and bitcoin scarcity factor, I believe that in the future the value of bitcoin will be even higher than the increase in value in 2017.

The bitcoin stock to flow ratio is high because the addition of supply is relatively low compared to the amount circulating on the market. A higher ratio shows that the commodity is increasingly scarce and therefore more valuable as a store of value. After halving and decreasing the subsidy, bitcoin will be used as a store of value. When the amount of bitcoin reaches its maximum supply (21 million), the supply becomes limited even though market demand will not shrink, causing scarcity and the price will be even higher.

With the assumption above I will hold bitcoin as a long-term asset. But it is possible that I will use a small part for trading with short-term margin goals.

[harizen]

- Disappointed and directly trade all holding Bitcoins.  
- Keep holding until the next rising.
- No idea. I will think and replan later.
- Others (Write down on your reply).

Above all of this, just accumulate no matter what, if possible or just do the usual activity of buy-sell-trade.

People's preferred price target might not be reached on their expected year but isn't it better that whatever happened, bull or bear, ups and downs, we must have a decent number of BTC in our stash. If people are really optimistic about bitcoin's future, they should just focus on having more.

Yes, it might be risks to others as putting money regularly on BTC isn't a joke and a big crash can happen anytime but the moment people decided to deal with bitcoin's volatility, they should already aware of this risks.

Trust the process.

[Ryker1]

Well, first I think this thread should be moved into the bitcoin speculation board.
Reply above was right, no matter what happens accumulating and holding is the best decision despite this current situation of Bitcoin price.
The fact is bitcoin price is unpredictable and no one knows about it. If the first and second block reward halving was experienced a massive pump up after a year, probably at this third one will also be expected to experience the same scenario and yeah, let us just hoping by the same situation repeatedly will happen.

Indeed, we should always be ready for what possibly happens. The risk was always there.

[alyssa85]

- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

I don't think the moves in 2013 and 2017 were anything to do with the halving at all.

The key event of 2013 was the Cyprus crisis where they did bail-ins without warning people. Lots of people lost their savings and some businesses even lost their payroll money and couldn't pay their staff.

That led to people saying, "be your own bank, and use bitcoin, at least the govt won't be able to seize it". And worldwide, this created interest in bitcoin.

In 2017 it was China that was the reason. China has capital controls but people were able to get some money out to buy property abroad. (They'd usually buy a property in Vancouver or Sydney with a mortgage and then take money out of china each year to pay that mortgage. After 25 they'd have got their money out and hopefully made a capital gain as well).

The crackdown on that kind of thing led to people trying to get their money out via bitcoin. Especially after Xi Jingping declared himself president for life. That initial rise in the bitcoin price then got publicised everywhere and millenials in the west started buying.

In order for that sequence to repeat, we need a new story that will compel people to buy bitcoin - but I can't see where that story is going to come from.

[Experia]

we cant assure the next possible thing to happen since after halving we cant see any changes yet it will appear after few months or it might took a year like what happen on last halving, still we cant conclude that the price moves because of halving due to lots of factors to consider.

[gabmen]

Well my plans aren't actually dependent on the halving next year. With my btc's, i'm planning on just accumulating whenever i can. The price can plunge after halving, i don't really care. Good if it does pump though i'm not planning on selling as well if that happens. For me, bitcoin is something i'd utilize in a few more years.

[gentlemand]

The key event of 2013 was the Cyprus crisis where they did bail-ins without warning people. Lots of people lost their savings and some businesses even lost their payroll money and couldn't pay their staff.

That led to people saying, "be your own bank, and use bitcoin, at least the govt won't be able to seize it". And worldwide, this created interest in bitcoin.

I think that's bilge myself. Same goes for Greece. It might have been used as an excuse to initiate a pump by the same old suspects but that's about it. Both events are hardly ever mentioned any more. I'll bet no more than a few hundred Cypriots or Greeks actually used it for what Bitcoin fans believe they did.

As for the original question I'll sit and do nothing. We come and go in waves. At some point another wave will arrive. It may have nothing to do with the halving at all.

[Findingnemo]

If prices didn't rise as expected in the third halving, I will simply hold the coins until it increases. Because I bought those coins for much lesser price than the current market so I am not in a loss anyway only have to wait to reap the profits and can even resit my selling coins for any reason for the next 5 years or something nearer.

[enhu]

If the halving doesn't make the price go more than $10k by the first Q3 of 2020, I'd probably be selling more altcoins to start my small business or I'd be seeking a new  day job by then and will just check my altcoin investment from time to time. I'm staking coins and become a node to some altcoins as well. Its not going to earn me thousands a month, definitely can't provide substantial amount of money for me to live comfortably.

[blckhawk]

Good question. I never really have thought about this that much since I'm more positive in Bitcoin's halving. But in case it didn't turn out as expected, I might still hold my coins for long-term investment. I also do believe that adoption is difficult to avoid, and we are in the verge of using digital currencies such as cryptocurrencies in our daily lives. In which case, having stock of coins stored on my wallet is always a good idea.

[Divinespark]

- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

We all know based on the historical data, Bitcoin should increase more than $20,000 in 2021. The first and second halving have proven significant moves on Bitcoin values. So, it makes sense if we believe that in 2021 will be another great year for Bitcoin.

However, who knows about it. No guarantee for the rising of Bitcoin value. Since Bitcoin is decentralized and no authority to have the responsibility, a bad scenario may happen to break off our expectations. So, how if there is no significant move on Bitcoin price in the upcoming halving? What is your plan as a Bitcoin holder?

- Disappointed and directly trade all holding Bitcoins. 
- Keep holding until the next rising.
- No idea. I will think and replan later.
- Others (Write down on your reply).

*Sorry if this topic was already discussed before. I've used the search button and find out no result.

I believe that it is likely that bitcoin will not grow as people expect, no one can guarantee this. But for me if Bitcoin does not rise to more than $ 15,000 then I will continue to hold and wait for it in the future. Sooner or later, the price of Bitcoin will surely exceed ATH

[panganib999]

Replan I'd say. There isn't much question there. Sides, all the choices are actually byproducts of re-planning in the end. In case such disappointment did occur, I'd just depend my actions on the current state of events not only of the market but also the community around it. You never know, governments and countries might initiate a total ban over BTC or any other crypto for that matter, I'd have no choice but to give up on it and turn a new leaf right?

[the rise]

make withdrawals of less than half of my portfolio, according to the plan that there must be results that are enjoyed in a period of 4-5 years. Then starting to reset to accumulate bitcoin and altcoin together, I believe the market will be very bumpy in the 2020-2021 period and I use it to look for as many opportunities as possible. I'm sure the speculation will be very bullish, at least bitcoin will try to retest up to $ 20k, if that's true, then that's more than enough.

[jackg]

Can you not make a poll for this?

If we see no run next year I don't think I'd be disappointed... I would probably anticipate something a few months after or before the halving but if nothing happens it's nothing to me... Invest for a return in 1 to 5 years, don't come here for a return tomorrow as you may be disappointed... Even the stock market is the same as crypto, a lot of the time it's worse trying to time the market rather than just putting in funds and leaving them there.

[veleten]

Yeah creating a poll is a good idea
to answer your question : I'm not planning anything special , HODL the main stash amount , spending the rest whenever and wherever I can
currently trying to pay for my vpn , digital goods  ,hosting etc. in bitcoin only
and silently hoping that bitcoin will be moving up , at least breaking the 10k mark somehwere closer to april -may
realistically ( and historically) halving should play a positive role
but once again - you never know with bitcoin

[bamboylee]

So, how if there is no significant move on Bitcoin price in the upcoming halving? What is your plan as a Bitcoin holder?

First, I think the pattern will hold true. There will be a significant move in the price of bitcoin after the halving.

But if the opposite happens, then the plan is to continue what I have always been doing. Earn bitcoins, spend some and save the most for HODLING. There will be another halving after this one, and if the price doesn't move to our favor on this one, maybe on the next it will. 

[FLoving]

- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

We all know based on the historical data, Bitcoin should increase more than $20,000 in 2021. The first and second halving have proven significant moves on Bitcoin values. So, it makes sense if we believe that in 2021 will be another great year for Bitcoin.

However, who knows about it. No guarantee for the rising of Bitcoin value. Since Bitcoin is decentralized and no authority to have the responsibility, a bad scenario may happen to break off our expectations. So, how if there is no significant move on Bitcoin price in the upcoming halving? What is your plan as a Bitcoin holder?

- Disappointed and directly trade all holding Bitcoins. 
- Keep holding until the next rising.
- No idea. I will think and replan later.
- Others (Write down on your reply).

*Sorry if this topic was already discussed before. I've used the search button and find out no result.

Along with the chart we have to observe the mechanism of the halving that why it happens and what affect of it comes on the market. With halving I know the supply will be reduced and it will trigger the rise of the price. So keeping this in my mind I will definitely hold my portfolio till the rise in the value of bitcoin.

[Febo]

We all know based on the historical data, Bitcoin should increase more than $20,000 in 2021.

There is two years to go to 2021. Only way for Bitcoin not to go over $20k is a fatal flaw in protocol or if we get a huge financial crysis in worst time possible so in start or mid 2021.   Making plans for 2 years ahead in Bitcoin is a bit silly to me. I mean you can plan to hold, but not to buy or sell.