bobitza
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January 03, 2020, 07:53:26 AM |
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Unfortunatly, while you are hodling, you dont have any profits. To get them you should find right date for selling. And i guess, after halving will be right time for that
I think otherwise! When Bitcoin halves, don't rush to sell. So you have no words. The most appropriate time to sell is to wait patiently for the opportunity to sell at high prices. Don't be afraid when Bitcoin drops, many investors are waiting for you to sell cheap to buy. Entering this market you have to stand firm.
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piebeyb
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January 03, 2020, 07:53:59 AM |
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Yes, you're right that we shouldn't sell bitcoin right now. We've got to hold on to it until bitcoin's half down and the price pumps. And usually people who don't have much time to focus on cryptocurrencies carry out this long-term investment plan. But for people with a lot of time, focus on crypto as their main income. Then it might be wise to do trading I guess as it can bring you some good money.
because right now is not the time to sell but buy slowly when it's really cheap, people have been taking bitcoin since last year and now they don't throw it anymore, seeing overnight prices falling below $ 7000 then going back up above $ 7000 in quick time, it shows that the buying trend is strong in the $ 7000 area, they are slowly coming to bring money to buy it at current prices, buy your train ticket now, bitcoin is profitable as a long-term investment
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Trade on the go. Anywhere, anytime.
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beerlover
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January 03, 2020, 02:22:06 PM |
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How you deal with your portfolio is something only you can be the judge of, do not react to market movements depending on the talks here on bitcointalk, honestly specially bitcointalk because there are so many people who have no idea how things work here and willing to share their worthless and useless opinions on people since there is absolutely no filter and anyone can write anything here, I can start a topic saying "bitcoin will be 100 dollars tomorrow" and no one can stop me or I can do the same with 1 million dollars, both of which has been done before.
Halving is something very valuable for the technology behind bitcoin and it does prevent miners to get too powerful and does have a possibility to increase the price but it is just a possibility and not a must.
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redsun114
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January 03, 2020, 02:24:42 PM |
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You do know that all we are doing now is just speculation, none of us really knows whether there is going to be an increase after the halving next year, we are just saying there’s going to be an increase because of what has happened before. So, we are basically using the last to judge the future, what if things happens to be different this time around?
Also of course, I have seen some experts that claimed it’s not going to be the same, but as you have said, we all needs to keep holding no matter what, but anyone that’s holding Bitcoin should be sure that they are holding what they can risk, don’t just jump straight to it with everything you have because you believe that the same thing that happened before would repeat itself.
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bitbunnny
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January 03, 2020, 02:38:32 PM |
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I still think that sometimes could be dangerous or at least useless to follow advice here on forum. They come from different users, with different knowledge and experience and sometimes they don't need the smartest thing to. To never sell Bitcoin is one of such advice because what is the purpose of jusf indefinetely holding without real use? Also, I wouldn't expect that much of halving, I think that people dream of some exaggerated prices that don't have much to do with reality
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k@suy
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January 03, 2020, 08:34:45 PM |
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I still think that sometimes could be dangerous or at least useless to follow advice here on forum. They come from different users, with different knowledge and experience and sometimes they don't need the smartest thing to. To never sell Bitcoin is one of such advice because what is the purpose of jusf indefinetely holding without real use? Also, I wouldn't expect that much of halving, I think that people dream of some exaggerated prices that don't have much to do with reality
I got your point pal and yes believing into different point of views can put you into danger most especially if you believe in those person's point of view without their own proof that can strengthen their statements that's why you have to be smart in which idea you are picking because there are some false ideas and also there are some correct. People here in the crypto world become optimistic they believe that after the halving season they can earn a huge amount of money because of the increase in the value of bitcoins and the altcoins. Look there is nothing if you will be an optimistic sometimes. If what we are expecting now comes true later then we are lucky if not, still we are lucky because we learn from oir experiences here
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moviebuff777
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January 04, 2020, 02:41:57 AM |
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I agree, but I do thinks it’s okay to spend some as ling as you have made a good profit. Otherwise, there was no need to buy the Bitcoins to begin with. If you just hold all of them, then they dot do you any good.
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Wexlike
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January 04, 2020, 03:11:48 AM |
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I agree, but I do thinks it’s okay to spend some as ling as you have made a good profit. Otherwise, there was no need to buy the Bitcoins to begin with. If you just hold all of them, then they dot do you any good.
Trade them to make more money on the wild swings. It is rather easy to catche these 10% swings as long as you're staying long enough in your position. The market usually comes back. But keep in mind the long term and rather hold your coins, than fiat.
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Hallmader
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January 04, 2020, 03:22:13 AM |
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I agree, but I do thinks it’s okay to spend some as ling as you have made a good profit. Otherwise, there was no need to buy the Bitcoins to begin with. If you just hold all of them, then they dot do you any good.
Yes, that is the best thing to do with your Bitcoin. HODLing is encouraged if what you are about to do with your Bitcoin is to sell it for fiat or to trade them with altcoins. But if you intend to use it to buy the things that you want, then it is more advisable to just spend them. That would help Bitcoin more. The rest of your Bitcoins you will HODL.
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ice098
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January 04, 2020, 05:12:26 AM |
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I agree, but I do thinks it’s okay to spend some as ling as you have made a good profit. Otherwise, there was no need to buy the Bitcoins to begin with. If you just hold all of them, then they dot do you any good.
Yes, that is the best thing to do with your Bitcoin. HODLing is encouraged if what you are about to do with your Bitcoin is to sell it for fiat or to trade them with altcoins. But if you intend to use it to buy the things that you want, then it is more advisable to just spend them. That would help Bitcoin more. The rest of your Bitcoins you will HODL. Actually his suggestions is good if you have another job or sideline besides trading because it is not advisable to store your bitcoins if you dont have another job or sideline coz come to think of it, if you stock your bitcoin or altcoins in your cold wallet, where are you going to get the money for your budget and for your daily needs or your other financial related agendas?
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nasipadang
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January 04, 2020, 05:52:01 AM |
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Everyone is talking halving ... halving ... halving ..., I'm not sure many users are holding at the moment. if many buy and hold bitcoin, surely the market is crawling up, but in reality the bitcoin market is on the sideway.
OK if we look at halving events before this we can see an increase, but is the increase right after halving? we can not just hold it, users must also understand the market and demand for crypto. from technical analysis also that the down trend will occur before halving. so be careful and buy using analytics.
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Oilacris
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January 04, 2020, 09:23:23 AM |
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Everyone is talking halving ... halving ... halving ..., I'm not sure many users are holding at the moment. if many buy and hold bitcoin, surely the market is crawling up, but in reality the bitcoin market is on the sideway.
OK if we look at halving events before this we can see an increase, but is the increase right after halving? we can not just hold it, users must also understand the market and demand for crypto. from technical analysis also that the down trend will occur before halving. so be careful and buy using analytics.
You are right to that presumption yet people do talks about halving and its possible price increase but we do see that the price is still tanking on previous levels which possibly means that majority is still trying to observe on what are the initial movements or progress that they would see yet they do know that halving is fast approaching. Im sure that price will surely be known if we do head up a month before the actual event.
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alisonwonder
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January 04, 2020, 09:43:34 AM |
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Everyone is talking halving ... halving ... halving ..., I'm not sure many users are holding at the moment. if many buy and hold bitcoin, surely the market is crawling up, but in reality the bitcoin market is on the sideway.
OK if we look at halving events before this we can see an increase, but is the increase right after halving? we can not just hold it, users must also understand the market and demand for crypto. from technical analysis also that the down trend will occur before halving. so be careful and buy using analytics.
You are right to that presumption yet people do talks about halving and its possible price increase but we do see that the price is still tanking on previous levels which possibly means that majority is still trying to observe on what are the initial movements or progress that they would see yet they do know that halving is fast approaching. Im sure that price will surely be known if we do head up a month before the actual event. You have to look at the chart from the halving before, indeed before and after halving there will be no significant increase. increase after halving occurs it takes about 1 year. so don't be surprised if bitcoin prices are still sideaways, if there is an increase maybe it's a FUD or FOMO
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Palider
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January 04, 2020, 12:42:16 PM |
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Will Halving really make Bitcoin's price soar? This is the question that I have been asking for so many days. I have seen your views but I think it is so unreasonable, why do you force it to increase? Earlier, I also witnessed the decline of Litecoin after halving. So, why do you say Bitcoin will increase this year? I have yet to find any data other than predictions derived from the past. show me what motivates you to buy bitcoin and hold it? What is the value of Bitcoin?
We don't know what will be the price of bitcoins after halving because now is not the same before. That investor is easly believe in hype that bitcoin will increase because of Bitcoin Halving, Bitcoin will increase upto 1 million and many more speculation that in the end are not come true. Investors now are very smart on this , thats why price of bitcoin after halving will not be really increases futher and breaks the record of all time high in 2017. Now many investors much focus on securing thier profit and this wil prevent bitcoin to increase futher after bitcoin halving.
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smyslov
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January 04, 2020, 01:10:57 PM |
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May 14, 2020
134 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, it's not a bad thing.
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 it does not has to be huge. It you can save your bitcoins bit by bit.
Trust me, create a cold wallet and start to hold now. It's not hard.
Yes this is the best time to hodl your Bitcoin and add more, but after we see the price and realized profit, we should also know when how to sell, until now I still have fear that Bitcoin will have another all timer high and get busted again by dropping again, we should hodl coins for long term and at the same time sell some when we realize that we are in profit, we don'[t want to be in a bad scenario where we are late in selling again, as it could happen again.
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Experia
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January 04, 2020, 02:20:56 PM |
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May 14, 2020
134 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, it's not a bad thing.
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 it does not has to be huge. It you can save your bitcoins bit by bit.
Trust me, create a cold wallet and start to hold now. It's not hard.
Yes this is the best time to hodl your Bitcoin and add more, but after we see the price and realized profit, we should also know when how to sell, until now I still have fear that Bitcoin will have another all timer high and get busted again by dropping again, we should hodl coins for long term and at the same time sell some when we realize that we are in profit, we don'[t want to be in a bad scenario where we are late in selling again, as it could happen again. That is the best thing to do, acquire more while the price is too quiet this time and make some savings in the market allocated for the upcoming halving there will be nothing to happen if you will just hold it is better if you will make some for holding purposes.
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coolcoinz
Legendary
Online
Activity: 2800
Merit: 1191
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January 04, 2020, 02:28:11 PM Merited by otto_diesel (1) |
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This is exactly what I'm doing now. I honestly think that I will never sell, unless we are in an extreme situation of a 100k+ Bitcoin and completely no stores and businesses that would take it. I don't believe that's possible and thus I will never sell. Instead, I will exchange it for goods and services. Of course I don't advise others to do it. I got my coins very cheap and whatever happens I will not be at loss, but if you bought a lot for 10k don't be stubborn and keep holding at 6k.
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Negotiation
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January 04, 2020, 02:33:18 PM |
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The plan is wonderful, but not necessarily that curve. I remember there were many people who drew the same chart for Litecoin and it completely shit after Halving. This is the financial market and everything is possible, so we still cannot confirm that bitcoin will rise as we expected. I recommend that everyone speculate in small amounts to ensure the safety of their money. I doubt this Halving event won't be good because there are too many fomo. Is anyone worried like me?
I'm not worried about you because I don't think there's any foam here Because we all want to protect our money we want to earn more by investing a small amount of money That's why the best way to earn easy is to hold Bitcoin Because everyone knows the price will go up in front.
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minersday
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January 04, 2020, 10:09:24 PM |
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Never had a thought cross my mind saying otherwise . Selling bitcoin at this time is not the best of decision with news of bitcoin block halving just a few months away from us. I have started filling buying and holding more as i am predicting that the price of bitcoin will definitely hit slightly above 10K. Don't fall for the regular pumps and dumps of whales
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otto_diesel (OP)
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January 04, 2020, 10:29:25 PM |
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nearly 129 days left for halving.
May 14 2020 is not the exact date, it was difficult to guess the exact date in past halvings but now its easier calculate the dates for next halvings. because blockchain became more stable, don't get stuck on the dates. Price rising can take 1 year after halving.
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