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

[X-ray]

Just hold, the market is unpredictable and the right thing to do is to wait for our target to be reached and if this halving happen to can't fulfil my target then there's nothing i really want to do actually and I think people will think the same too. it'll be yet another ordinary hodl day for us the hodlers which has become the norm whatsoever.

[sana54210]

I would still keep holding bitcoin in my wallet and I would keep holding it if it goes up or down as well. What people are missing out is that not everyone cares about the price of bitcoin in the short term. People think one week is short term, 3 years is short term for my sense of investment.

I will be able to retire at the age of 56 with the laws of my country so I do not have any problems at all or any issues after I am 56, what I need is a way of not having to worry about money until I am 56 and that is where bitcoin goes into affect, I need to manage to have enough money to cover me for the next 25 years and bitcoin is not there just yet.

I want bitcoin to be at least 100 thousand dollars, if that happens (which I doubt will happen any time soon) I will sell my coins, until then I don't care about halving, I don't care about bakkt, I don't care about SEC or libra or anything else.

[Amel]

Yeah it should be the scenario, but it's true what you say, no matter how good we hope in the bitcoin scenario, bitcoin will still store various surprises later. Some time ago I found a thread, which in my opinion could illustrate a scenario that might occur in 2021, was made based on the two previous scenarios. Let's look here.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

UPDATE: (27/11/2019)

Bitcoin prediction 2.0, more informative about trends and proportions, best technique for the construction of the curve.
https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/

[kaya11]

- 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 think I am gonna quit, I will just let my future get along with my current standings in life and go on living a simple life. As of now for me bitcoin is a ticket of big time success, if it really does goes down, then I will just have to accept it and make my business on my town grow without engaging in bitcoin or in any crypto anymore.

[bitbunnny]

I don't expect that halving will bring some major price changes, I never counted on that so in fact Idon't have any special plan different to what I'm doing now.
I will continue to keep the balance between keeping and spending Bitcoin and as long as I have some steady income in Bitcoin I don't worry too much about the price.

[joelsamuya]

I am expecting some significant jump in Bitcoin price leading to the scheduled halving that can happen within May 2020. However, we all know that Bitcoin may or may not be following its own historical precedents so as we all know there is no guarantee here. I am not so sure how would I feel and what will I do in case there can be failure for appreciation but maybe I will just have to wait for 2021. Maybe we are already expecting too much with Bitcoin and this uncontrolled expectation can be dangerous if it is not meet exceedingly.

[gentlemand]

I think I am gonna quit, I will just let my future get along with my current standings in life and go on living a simple life. As of now for me bitcoin is a ticket of big time success, if it really does goes down, then I will just have to accept it and make my business on my town grow without engaging in bitcoin or in any crypto anymore.

Or you could just wait a bit longer? The people pouring money into services like Bakkt aren't doing it for fun. They're expecting a future where it's much, much larger than it is now. It may not arrive on the timescale so many here seem to think is already in the bag but that doesn't mean one unexpected misfire signals it's over for good.

If zilch has happened by the end of 2021 I'll be rattled but I won't be throwing in the towel.

[darkangel11]

I will keep holding but I won't tell you what to do because it depends on your finances.

I bought Bitcoin years ago for less than 1k USD and was briefly at a loss but just took a break from all of it. I kept my coins in 2015 and 16 when the markets were bloody and didn't care. Since my coins are now worth over 7 times more than they were when I bought them I'm fine. It was to be my safety fund for stormy weather and I'd be ok with 5k USD Bitcoin even if it was to stay like that for years.

Each of you will have a different idea because if you buy now at 7k and after the halving price will be 6k you'll be devastated and I understand that. For me it will be just another day of my personal bank working as it should.

[meliodas]

If there will be no huge move from bitcoin to go up after the halving, then I will just use it to do altcoin trading. I will try my best to multiply it for a few months and once I saw a potential move up of bitcoin then I will convert my altcoins into bitcoin and hold them and wait for the result of the rally to think if I will be selling or not.

[drlukacs]

- 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?

I will have a different direction for myself. I am definitely not holding bitcoin, it is too risky to expect too much of the halving event. Think about it, if there are too many people who believe that Bitcoin will grow very strongly during this halving event, then everyone will buy and win, so who will lose? Maybe the crowd will make their own trap and sharks just need to wait for the ripe time to sell a lot of their bitcoins during this halving event. I have always been cautious in this market because I know this is a market full of manipulation and crime, so I will sell my bitcoin when it sees its price increase 10% after the halving event.

[Lucius]

~snip~

For those who view Bitcoin from the perspective of technology that has practically not started at full speed, and for those investors who are investing in the long run, the next halving is by no means a crucial point. What is more important to me is the fact that almost 99% of Bitcoin will be mined in the next 10 years, all this with 3 halvings that will happen (2020, 2024, 2028).

I personally do not mean to take any drastic steps in the event that no new large pump happens by the end of 2021, which I personally do not consider to be a realistic outcome, because I believe that history will be repeated again. In the end, it's not all about the money, Bitcoin can remain at the same value for another 2 years, and I don't see how that would diminish its real value.

[pixie85]

I'll keep holding. I don't need to take profit now and I realized that when we had this mini rally a few months ago. I held at 4000 and we went to 10 and I felt no need to sell. This means that deep inside I know I don't need money now and I know Bitcoin is worth more than 10 thousand dollars.

Maybe if the halving rally was to take us above 20 thousand I'd think of buying myself a few things with my coins but I'd still not sell everything.

[fiulpro]

Well due to halving the price should have been affected from even now onwards because it's not a sudden thing , it's starts small but then it gains momentum but instead of seeing a positive growth it's more or less stable and I cannot see any market fluctuations.
I think it might now increase too , who knows , I am not really sure since the halving is gonna be in June and consider January be the month where we would start seeing something.

[hatshepsut93]

Then I'll keep waiting for as long as it takes to encounter a new bull run, there's a very-very high chance that it will happen, we are significantly below the ATH, adoption is increasing, new capabilities are being added to the network, supply is fixed - all the fundamentals are there, you just need time and patience to see big profits.

[carlzec]

A shock wave may come after the halving. Not much time left. I can make a new plan for May 2020. I think it's worth trying. This time I can invest long term with the right strategy. We cannot speak of a certain rise, but there is a possibility of a rise.

[Rengga Jati]

Can you not make a poll for this?

Yeah creating a poll is a good idea

You are right. But It is already created.    Maybe I will make a poll for the next topic. Thanks for the suggestion, sir.

-snip-
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.

I like the way how you answer my questions above. It's simple but clear enough.

Good question. I never really have thought about this that much since I'm more positive in Bitcoin's halving.

Thanks, buddy. But sometimes you need to think about how to anticipate if you get the worse result. We mustn't be like an amateur investor that feels doubt and panic because of experiencing an unexpected situation. 

[Inkdatar]

Well if the price did not rise when halving happen, my plan is still holding bitcoin until such time I can attain a profit. Being positive about the market could gives us hopes in bitcoin. So in my point, there still a good thing that can happen and the possibility still exists that price may increase.

[jackg]

There's a button at the bottom to make a poll, should be written as something like "add poll" so you could add it here and give a bump. I'd be interested in the numbers we see...

[alexsandria]

No idea, may be I will replan besides majority are the doing the same. We cannot totally rely on our expectation as it bitcoin price is too unpredictable though halving had happened twice, and it really make the price soar but that doesn't mean it will always happen as halving comes. We gotta need to do something better specially when we always get false hopes.

[Twentyonepaylots]

I don't expect that halving will bring some major price changes, I never counted on that so in fact Idon't have any special plan different to what I'm doing now.
I will continue to keep the balance between keeping and spending Bitcoin and as long as I have some steady income in Bitcoin I don't worry too much about the price.

I have the opposite belief as yours, I think there will be a huge price change on bitcoin since we have seen it on previous halving event but I guess that won't be long and will just cause another dump. As for my plan, I think of immediate sell when the price of bitcoin escalates quickly, I won't aim for a huge profit instead I'll look for a decent profit. We still do not know what this coming halving could bring since the market has changed in 4 years, might as well we don't expect too much from it.