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Question: Your plan if no significant move on Bitcoin price along with the halving?
Disappointed and directly trade all holding Bitcoins.   - 1 (2.1%)
Keep holding until the next rising. - 39 (81.3%)
No idea. I will think and replan later. - 5 (10.4%)
Others (write down on your reply). - 3 (6.3%)
Total Voters: 48

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Author Topic: Your plan if no significant move on Bitcoin price along with the halving?  (Read 1257 times)
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Rengga Jati (OP)
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December 23, 2019, 12:01:33 PM
Merited by jackg (2)
 #41

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...
Done. I've just created a poll for this topic. Let's see what people will prefer to do for their Bitcoin assets.  Smiley


Bump!!! Everyone, please vote your option on the poll above. If you choose others, you need to explain it clearly in your reply. Thanks

R


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December 23, 2019, 12:02:18 PM
 #42

Honestly, I don't have any expectations with this coins halving event coming next year. I am sure this will pass without any impact on bitcoin prices. Bitcoin mostly goes up once in a year and I will wait for that moment in the coming year to sell me bitcoin holdings.

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December 23, 2019, 12:03:50 PM
 #43

will history always be same time in repeating? if there is no significant increase in 2021, but with a note if the price of bitcoin rises slowly and does not go down, of course I will wait next rising, surely there is still a chance to increase. of course 2 things happen, if there is no increase it means there is no interest, so confidence decreases and prices fall.

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December 23, 2019, 12:53:05 PM
 #44

You sound like the superior over Bitcoin. You are like threatening to leave Bitcoin if halving will not give you the price that you want. Well, do not hope that it will pump high in the coming months. Halving is already known beforehand. And it cannot be enough to pump the price high. For me, I will keep hodling regardless of the price after halving.

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December 23, 2019, 01:17:18 PM
 #45

You sound like the superior over Bitcoin. You are like threatening to leave Bitcoin if halving will not give you the price that you want. Well, do not hope that it will pump high in the coming months. Halving is already known beforehand. And it cannot be enough to pump the price high. For me, I will keep hodling regardless of the price after halving.

It should be like that, we all expect halving so that it can make prices increase like halving before. so what would make the price of bitcoin go up so high if halving had no effect? because the supply and demand factors are very big influence on prices. but I will not be disappointed if indeed there is no significant movement. as long as bitcoin still has a high value, I will stay focused on quantity.
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December 23, 2019, 06:02:12 PM
 #46

But again what's the guarantee that the history will repeat again when it comes to Bitcoin price increase which you are waiting for?  Yes I do believe that the value does increase every year at some point of time but it's not as big as we are expecting as we have to settle for gradual increases.

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December 23, 2019, 06:56:34 PM
 #47

Most of us who are here on this forum are supporters of Bitcoin so what do you expect the result will be..?
Another thing is that it is 99% speculated that bitcoin will boom towards halving. So we may see some positive trends soon.

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kotik085
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December 23, 2019, 07:16:57 PM
 #48

Oh, if the price does not change, after Halving Bitcoin in May 2020, then this will be a disappointment for me. I keep bitcoin and want it to grow in value.
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December 23, 2019, 09:08:42 PM
 #49

- 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.
In 2013 there was 100x rise in price, in 2017 - more than 30x (declined by 3x) and in 2021, logically it must be more than 10x rise and I think it will be pretty logical to think that we will see bitcoin's price 100K USD. But on another hand let's calculate price rise from all time highs, from 1,100 it went up to 20K so had 19x rise and from 20k, how much rise can we see? 5x or 10x?
Well, personally I think another 100K high price will be logical and I have high hopes that it will happen, don't think that there won't be significant move, if that happens, then I will sell all of my bitcoins and try to keep alive instead of being dead.

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December 24, 2019, 12:54:56 PM
 #50

I do not expect too much in halving so I will not be disappointed if the price did not increase. I just rely on price action so I do not guess what will happen to the price of bitcoin. They say that halving can cause to the rapidly growth of the bitcoin but the thing is we are not sure what will happen in the future. I do not believe to the self proclaim experts who keep saying their prediction because the do not also know what they are saying.
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December 24, 2019, 02:11:27 PM
 #51

I will still hold the bitcoin that I have. but have to look for work outside. because I fund my life from bitcoin. I still hope bitcoin has the next increase in 2020/2021, after halving is done. because I believe. bitcoin scarcity will make bitcoin prices higher.
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December 25, 2019, 06:17:13 AM
 #52

I don’t really know for sure if I’m going to continue holding Bitcoin if there is no increase after the halving. I’d sure like to Hodl, but when things seem like they are not going to work out, then I will have to create a new plan that’s going to work out for the situation I’m in. If after the halving and Bitcoin seems to retain a price that is above what I purchased at, then I will continue to hold.

But, if it starts to fall to the extent it seems like it’s literally going to crash to the extent I will lose too much, I will sell my coins. Well, I am not hoping that this happens lol, I really want the price to increase after the halving.

Well, personally I think another 100K high price will be logical and I have high hopes that it will happen, don't think that there won't be significant move, if that happens, then I will sell all of my bitcoins and try to keep alive instead of being dead.
I guess you may expect at least 5x growth and the maximum may be 20x or 100x like the past. But, we cannot be sure that would happen immediately after halving. Because in the past, halving trigger bull markets very slowly like after some 6 to 10 months of time. Also, I like to suggest you not to quit all your BTC holding at a time. Sell some % which could transform your life and save the rest within bitcoins and you may tack me after decades for sure.

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December 25, 2019, 08:05:13 AM
 #53

Actually i have no idea if this is happen because i still cannot thinking about further plan if bitcoin price not increasing after halving and maybe one of the worst step i will choose is to trade all of my bitcoin but maybe too i will still hold my bitcoin until uncertain time so it maybe will depend on the situations for bitcoin itself

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December 25, 2019, 10:04:36 AM
 #54

I will continue to HODL. I think I will not be disappointed as much as my disappointment when I continued to HODL during the time when Bitcoin reached almost $20,000. I did not sell at that time. I sold before that and after that. But it was not selling because I gave up. I sold because I had to. I am HODLing for a long time, not just within the next year or the next halving.

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December 25, 2019, 10:37:19 AM
 #55

I have voted for "Keep holding until the next rising", but it doesn't mean I'm going to cash out right away, if Bitcoin rises, say, to $25k. I will be glad, of course, if that happens, and will probably cash out some part to celebrate it, but no one knows to which height can BTC really go. There is upper limit, which is around $4 million, and it is very unrealistic to expect that price, but to expect something in the range of $150k-$300k during the next several years is not that unfounded, in my opinion.

Overall, I think halving might have rather a psychological effect on traders and potential investors. But still, there will be an effect.

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December 25, 2019, 10:46:45 AM
 #56

Actually i have no idea if this is happen because i still cannot thinking about further plan if bitcoin price not increasing after halving and maybe one of the worst step i will choose is to trade all of my bitcoin but maybe too i will still hold my bitcoin until uncertain time so it maybe will depend on the situations for bitcoin itself
to trade it maybe I still think again, until now I still hold it, and maybe for the long term, or at least worth it for sale. It is very frustrating to feel after the price has fallen far, but that has become a risk. besides that I still have several tokens, and it's possible that those tokens that I will convert to bitcoin


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December 25, 2019, 10:51:11 AM
 #57

I am glad that everyone voted for the 2nd option. It seems to me that it is not so important when the price rises. The idea is important. It is important that we all want change, that we all strive for the best.
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December 25, 2019, 11:23:28 AM
 #58

I am glad that everyone voted for the 2nd option. It seems to me that it is not so important when the price rises. The idea is important. It is important that we all want change, that we all strive for the best.

Of course, that's the smart way, if you wanted to make a good ROI down the road. Instead of being disappointed or cash it out because it didn't go on your way. History will tell us that being a holding will give you a higher chance in the future to make a lot of money.

So let's look at the bright side, use this opportunity to stash more bitcoin in your wallet. It doesn't mean you need to purchase 1 BTC right away. Just small portion of let's say .01 BTC and then I'm sure you will be on your way to make 1 BTC or more before the next halving.

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December 25, 2019, 12:52:22 PM
 #59

I am glad that everyone voted for the 2nd option. It seems to me that it is not so important when the price rises. The idea is important. It is important that we all want change, that we all strive for the best.

Of course, that's the smart way, if you wanted to make a good ROI down the road. Instead of being disappointed or cash it out because it didn't go on your way. History will tell us that being a holding will give you a higher chance in the future to make a lot of money.

So let's look at the bright side, use this opportunity to stash more bitcoin in your wallet. It doesn't mean you need to purchase 1 BTC right away. Just small portion of let's say .01 BTC and then I'm sure you will be on your way to make 1 BTC or more before the next halving.
Yes. It is better to do dollar cost averaging rather than buying bitcoin big time. Divide your number goal of bitcoin into weeks or even months (depending on your preferences) and buy bitcoin each deadline and that will build you a good amount of average purchased price and after that, just hold it until the price reaches new all time high because based on the forecast, we can see up to 6 digit price per 1 bitcoin.

 
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December 25, 2019, 01:42:53 PM
 #60

I voted "others," here what I'm going to do:
I will keep creating educational posts and posts that can make you guys laugh in this forum (yes, I like jokes). I believe signature campaigns are still here, so I can earn whether BTC price goes to the moon or not.

I think this forum is the 2nd best thing aside from Bitcoin.

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