Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM (118 days left)

[outatime1]

It would be really dumb of people to sell this close to the halving.  I expect a pump in price from now until the halving.  Then the price will pribaly show a small correction before the next big move up to new highs.

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[TIDOVEE]

First of all, I have to correct you for the date of the next halving - this is only a possible date, it is not possible to calculate the time period precisely because the blocks do not have a fixed time in which they occur, it is an average of 10 minutes between blocks, and blocks appear at different time intervals (1 minute or 1 hour). So the next halving can happen on May 14, 2020 - but also a few days before or after that.

When you say "holding forever", it just doesn't make sense. You may think of something in the sense that you leave everything to your descendants, but hardly any holder will resist the $ 100,000 price tag. I agree that you should always keep something on the side, Bitcoin has so far awarded everyone who was patient, hopefully, it will be the same in the future.

Unfortunatly, while you are hodling, you dont have any profits.

This may not be true, it depends on when you invest and when you sell. But if you invest few years ago when the price was under $1000 and just holding, you will still be in profit today. Same as you invest in the first few months of this year close to $3000 per BTC, you will be in more then 100% of profit if you sell today.

Yes, probably it Should have been constructed under speculation. Halving is close by around the suspected period. Real traders doesn't need to totally stop trading but to be strategic about it. Although at this time buying is more adviceable because we have been patient enough to enjoy the good of it. There are some coin you cannot even sell now because they are almost valueless.and the ones the has better value has much more in the future and will be better on HODL.eyes are on them.

[lienfaye]

Even before, im not selling my btc if not really needed, I take profit at times but I prefer to hold and wait until it reach my set target price. Now that halving is approaching many people says not to sell instead accumulate more bitcoin because the price might spike after the said event.

Well im aware of the past history of btc, halving has a positive impact but we cant be too confident that the history will repeat. Nevertheless there's no pain if we believe and follow what some expert says because the price now is showing improvement. It doesnt matter if its true or not as long as you believe in btc because even bull run dont happen this year, there are other opportunity where we can witness it just wait.

[carriebee]

We already observe the down and up price of bitcoin but until these days I'm not selling it. Although others are in panic when it's declined that they are able to sell it for sure they will realized how worth it to wait until such time of pump happen in bitcoin. Halving is approaching and I think of more growth will happen in bitcoin.

[Vispilio]

...

That's possible. Maybe if it ever hits 100k use some of it to buy up alts. What do you think would be the likely "medium" alt? It seems XRP is quite popular where I'm at.

I expect TRX to perform very strongly in that role. Transactions are super fast and very cheap. Justin Sun routinely receives some bad publicity on western mainstream media presumably because he is getting robust support from Chinese sources, although he keeps delivering on his promises, and realistically TRX is accomplishing what many other altcoins are struggling to do so in fast and pragmatic ways.

PoS gets criticisms of centralization, but that can be diversified further, and the economics of the PoS system of the Tron Network is already working pretty smoothly.  

[alisonwonder]

We already observe the down and up price of bitcoin but until these days I'm not selling it. Although others are in panic when it's declined that they are able to sell it for sure they will realized how worth it to wait until such time of pump happen in bitcoin. Halving is approaching and I think of more growth will happen in bitcoin.

now is not the right time to sell, but buying more for halving is it worth it? I hope it will be the same as 2017. so maybe I will invite some people to invest and become rich in 2021.

[merchantofzeny]

...

That's possible. Maybe if it ever hits 100k use some of it to buy up alts. What do you think would be the likely "medium" alt? It seems XRP is quite popular where I'm at.

I expect TRX to perform very strongly in that role. Transactions are super fast and very cheap. Justin Sun routinely receives some bad publicity on western mainstream media presumably because he is getting robust support from Chinese sources, although he keeps delivering on his promises, and realistically TRX is accomplishing what many other altcoins are struggling to do so in fast and pragmatic ways.

PoS gets criticisms of centralization, but that can be diversified further, and the economics of the PoS system of the Tron Network is already working pretty smoothly.  

Haven't done much trading in a while and so not familiar with this. I'll look it up. So far the only crypto aside from BTC that's supported by our local exchange are ETH, BCH and XRP, so I'd probably keep using the latter for now.

[rekinthis]

Yeah, you're right at the moment we're not supposed to sell bitcoin. We've got to hold on to it until bitcoin's half down and the demand pumps. So usually people who don't have much time to focus on cryptocurrencies carry out this long-term investment strategy. But for people with a lot of time, relying on crypto as their main income. Then I guess it will be more attractive for short-term investment or regular trading.

[Ailmand]

Accumulating bitcoin is actually good since the price is cheaper and everyon is expecting the parabolic cycle would occur on the next halving. If this would come true holding your accumulated bitcoin and selling it at one point on your desired price will be profitable. Holding forever is an overstatement. You will not enjoy your profit if you will not cash out at one point.

[Wintersoldier]

Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

[Maslate]

Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

Holding is best only if you have no skills in trading but if you think you can make more profits in trading than simply holding, then go for it. Halving is a good start for bitcoin price to pump but if we can double our profits before the time of halving, i think it would be much better.

[moviebuff777]

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

[wildan88]

Upon thinking about the fact that halving will coming near and near, I also realized that it is indeed, a bullish approach for us to buy and accumulate bitcoin starting today. But for me, we could't maximize the profit in a sense that we will not sell our hodlings to gain profit. 188 days is a huge timeframe for us to gain profit, if we could maximize this time to buy and sell.with short time frame, I'm pretty sure that in halving, we have more enormous amount of bitcoin.

Holding is best only if you have no skills in trading but if you think you can make more profits in trading than simply holding, then go for it. Halving is a good start for bitcoin price to pump but if we can double our profits before the time of halving, i think it would be much better.

it's a good way than buying as much as possible because our money is limited, so it is better to grow with daily trading. but you must remember when the hype halving makes bitcoin increase, altcoin will down. you must be careful and focus when the down signal is coming. take the moment when it comes down as much as possible to get it at a low price because in the end altcoin will follow the rise of bitcoin.

[olumyd]

May 14, 2020

118 days left

Nobody really motivates me for hold bitcoins, everyone talking about day-trading on twitter and reddit.  I know that the price will rise and bitcoin will be a skyrocket again.

You can create a budget for day trading, altcoins and gambling. you can get your %10 -%30 or lose all your money in shitcoins. doesn't matter.


But you have to create a bitcoin budget for holding forever. Create a cold wallet now and start to save.

your wallet has to be one way road, you can send bitcoins to your wallet but never let yourself to spend. You can use your other budgets. that's why we have them.

increasing your bitcoins does not has to be huge. you can save your bitcoins bit by bit.


Trust me, create a cold wallet and start to hold now.  It's not hard.


https://bitcointalk.org/index.php?topic=12156.0


When I  opened this topic, bitcoin was nearly $ 7,000.


*pre-acceptance: Everyone knows 'never sell them'  doesn't mean hold it till the grave. It's mean for years. I did a pre-acceptance about everyone that they are above average IQ

Bitcoin halving, so many speculations surrounding that subject and a lot of people have been panicking that the recent drop in the market may be leading to another heavy drop in the market. I would say to play it safe no matter what.

When I  opened this topic, bitcoin was nearly $ 7,000.

Hoping the price goes beyond this, and we get to like $10k.

[otto_diesel]

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.


trust me: make a cold wallet and hold a bit of bitcoin for a long time.

[milewilda]

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.


trust me: make a cold wallet and hold a bit of bitcoin for a long time.

Better say for 50-50 partition when it comes to Bitcoin hodling for years and the other portion is for active buy and sell and when you do profit then those bitcoin that had been accumulated would be put up on cold storage.
Rinse and Repeat until you earn a considerable amount for long term but of course, dont forget to sell them out when we're on the best opportunity because chances doesnt come often and missing it out
would really give regrets that you wont ever forget.Now, we are heading towards halving but doesnt mean you wont sell.Ive been actively trading and my sell point is before on the main event yet huge sell out
would most likely to happen on that time.

[DevilSlayer]

I will hold for now but I will eventually sell to lock in my profit. It will probably be sometime next year when the price reaches a new all time high and beyond that I will sell.

Make a isolated budget for holding in a cold wallet for a long time. You can seperate %20 of your bitcoin for holding in a cold wallet.


trust me: make a cold wallet and hold a bit of bitcoin for a long time.

Better say for 50-50 partition when it comes to Bitcoin hodling for years and the other portion is for active buy and sell and when you do profit then those bitcoin that had been accumulated would be put up on cold storage.
Rinse and Repeat until you earn a considerable amount for long term but of course, dont forget to sell them out when we're on the best opportunity because chances doesnt come often and missing it out
would really give regrets that you wont ever forget.Now, we are heading towards halving but doesnt mean you wont sell.Ive been actively trading and my sell point is before on the main event yet huge sell out
would most likely to happen on that time.

There is now a confirmation that market reversal will happen. There are now many opportunities to get a good position where we can have a profit while the uptrend is now forming. Holding while the trend is in bullish is good but holding when the bear market is not a good idea because of the high selling pressure. For those trend followers, there is no target profit because the right time to sell is when the uptrend snaps.

[EdvinZ]

Most of the conversations are now about the upcoming halving. I think this is the biggest reason for the price of Bitcoin to rise this year. Miners are already moving their farms to more powerful mining equipment. No one refuses to mining Bitcoin due to the fact that the complexity of its production will increase. This means that large miners assume that the price increase will be due to a decrease in supply on the market.

[yulionoo]

you are right op in my opinion most of the bitcoin holders would choose to keep holding bitcoi. until bitcoin is reduced by half and pumping high as we expected. but I think this only applies to people who use bitcoin for long-term investment. but for people who are short-term investments or traders they will sell their bitcoin when bitcoin increases do not need to wait for bitcoin to be reduced by half.

[asus09]

you are right op in my opinion most of the bitcoin holders would choose to keep holding bitcoi. until bitcoin is reduced by half and pumping high as we expected. but I think this only applies to people who use bitcoin for long-term investment. but for people who are short-term investments or traders they will sell their bitcoin when bitcoin increases do not need to wait for bitcoin to be reduced by half.

You wrong with ideas keep holding bitcoin during halving time is coming, why many time you look want to make stupid keep holding because after halving bitcoin risk with lower price, never hear some one want to hold bitcoin but they are never holding bitcoin and get moment to make many people really trusted with bitcoin become good assets for the future.