maydna
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January 01, 2020, 05:38:08 AM |
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I am not just holding my bitcoin, but I also trade my bitcoin to increase the amount because I am sure that bitcoin price will be increased so high in the future, especially we will see a halving time soon. From now on, I am sure that many people are doing the same thing as me because they also believe that bitcoin prices will increase and hit the next highest rate. Gladly, we are seeing bitcoin price still fluctuating until now, and that can be our opportunity to make more profit in bitcoin and fiat. If you can analyze the price, you will see that the bitcoin price will give you a chance to make more and more bitcoin. But be careful because the price can get down too deep without you know.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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TitanGEL
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January 01, 2020, 05:43:05 AM |
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I am not just holding my bitcoin, but I also trade my bitcoin to increase the amount because I am sure that bitcoin price will be increased so high in the future, especially we will see a halving time soon. From now on, I am sure that many people are doing the same thing as me because they also believe that bitcoin prices will increase and hit the next highest rate. Gladly, we are seeing bitcoin price still fluctuating until now, and that can be our opportunity to make more profit in bitcoin and fiat. If you can analyze the price, you will see that the bitcoin price will give you a chance to make more and more bitcoin. But be careful because the price can get down too deep without you know.
It is just a pure speculation, you do not any proof that bitcoin can skyrocket again like the year 2017. Hope can sometimes became the reason why we lose money. We are hoping too much and it is the problem because it is not really realistic. I have bitcoins but I keep trading it. I'm not a fan of a holding so I do not prefer to hold my bitcoins. It is boring to keep my bitcoin in my wallet. I want to increase it and that is why I keep trading it.
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karanggatak
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January 01, 2020, 05:50:57 AM |
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yes you are right op for the time being we really should not sell bitcoin. we have to hold on to it until bitcoin is reduced by half and the price is pumping. and usually this long-term investment strategy is carried out by people who don't have much time to focus on cryptocurrency. but for people who have a lot of time and rely on crypto as the main income. then I think short-term investment or daily trading will be more profitable.
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Savemore
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January 01, 2020, 06:43:24 AM |
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yes you are right op for the time being we really should not sell bitcoin. we have to hold on to it until bitcoin is reduced by half and the price is pumping. and usually this long-term investment strategy is carried out by people who don't have much time to focus on cryptocurrency. but for people who have a lot of time and rely on crypto as the main income. then I think short-term investment or daily trading will be more profitable.
Too much hope is not good, I also have hope but it is not too much, I expect that the halving will have an effect to the price of bitcoin but the thing is I do not prefer holding at bear market. At bear market the price is continue to go down, I converted my btc to usd and I will pick at the bottom where there is a confirmation of market reversal.
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AjithBtc
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January 01, 2020, 07:18:25 AM |
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The person who introduced me to the bitcoin usage instructed to hold as much possible. Myself kept trying to hold bitcoin, but it is truly hard to keep hold until we reach the aimed target. In between used to encounter some financial difficulties and I wasn't able to keep the holdings for a long time.
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coin-investor
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January 01, 2020, 07:53:25 AM |
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The person who introduced me to the bitcoin usage instructed to hold as much possible. Myself kept trying to hold bitcoin, but it is truly hard to keep hold until we reach the aimed target. In between used to encounter some financial difficulties and I wasn't able to keep the holdings for a long time.
There are a lot of obstacles from holding our coins for too long, one of this is greed when seeing profit we are tempted to sell, and another one which is compelling of all is financial difficulties, I can stop myself from selling because of the profit, but I cannot from financial needs.
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drlukacs
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January 01, 2020, 08:05:17 AM |
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I don't think this halving event will go up sharply. when so many people fomo so the trend is easy to go against. Have you noticed this in the financial markets? When the crowd is too fomo about a certain issue, it will definitely have a problem and go backwards. Matic, for example, everyone thought it would soon increase to $ 1 with this growth momentum, but who would have expected that in an hour of the night, everything would have collapsed and it had dropped more than 86%. So this halving event beware, the market with only the winners is not a market. there will be losers, and there are too many fomo.
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blckhawk
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January 01, 2020, 08:36:41 AM |
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It would be much better in my opinion if the first chart included the price as of now, since we could visualize more easily whether the price have been reflecting the past halvings on a year before basis, and when do we expect another ATH coming into the market. Nevertheless, it's still unpredictable whether it would follow the pattern this year's halving, as the dominance is decreasing and altcoins do also improve over time.
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jseverson
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January 01, 2020, 08:37:00 AM |
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Even if historically speaking Bitcoin goes up every time halving happens
The thing is, halvings haven't had any immediate effects on prices. We associate halvings with growth because of charts like OP's, but that doesn't necessarily have to be the case -- growth could have come without the halvings, and we wouldn't really know. I agree that HODLing is the best course of action if you want to gain in this scenario, but only because it's the best course of action is most scenarios. People looking forward to the halving are very likely to be disappointed, and disappointed market actors often lead to a falling market.
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Bezobraznike
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January 01, 2020, 08:44:51 AM |
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Don't sell, wait for the moment when we can use them. I remember comments from last year, how to buy a house with 10000$? Buy 1 Bitcoin, wait couple years and you will be able to buy a house with that 1 Bitcoin. Now Bitcoin is under 10000$, the house can be bought with less money apparently. It's my dream, to buy something big with 1 Bitcoin that I will have one day.
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bering
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January 01, 2020, 08:47:22 AM |
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I got an advices from my friends too that since last month they says buy bitcoin as much as you can and hold it until next year because we are already given good opportunity to buy more bitcoin on 2019 so instead of panic and sell bitcoin then i have to buy more bitcoin and hold because they says soon if the price high again then you won't regret your decissions
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KnightElite
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January 01, 2020, 08:58:51 AM |
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I respect your opinions because all of us have doesn't same mindsets and also ideas. I'm aware that most of people nowadays are holding bitcoin because halving is near. I respect their decision because it is their own life after all. I'm a trader and holding bitcoin is not suitable for me, I recently sold my bitcoins when it got bounce in its resistance level. For me there are more opportunities in trading bitcoin than to hold it for a long time.
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ultrloa
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January 01, 2020, 09:26:46 AM |
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Good decision to have with if you are open minded for the possibilities since there are many things will happen in span of 1 year but if you just hold since you are been hype and don't know on what you are going thru then might it's a bad decision to do since you might gonna face the consequences to get panic when the dumping stage occurs.
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R |
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Doell
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January 01, 2020, 10:03:32 AM |
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looks good and is very educational this time I will hodl by looking at the accumulation in your chart ,actually I'm also still hodl for bitcoin from most of the income that I get but my family economy made me sell yesterday well forget it and I will follow the way you save it to be frozen and maybe it will be a little reduction in my economic spending even though its extremely difficult for me personally
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airdnasxela
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January 01, 2020, 10:16:16 AM |
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That's what I am really going to do. Even if we don't know how this halving will affect bitcoin's price, I will still keep and hold my Bitcoin. Cause for me, it's not just about halving. I just believe that sooner, the time will come and we will get what we've been waiting. We just need to be patient and hold. Before halving comes, I'll do my best to earn more Bitcoin so I can hold more.
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alyssa85
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January 01, 2020, 10:43:32 AM |
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I disagree.
I think there will be a pump up to the halving, and then the price will drop. So if you can sell at a profit, do so. You can always buy back again at a lower price after it has dropped.
The people who sold at the top in 2018 at around $17,000 and then bought back at around $4000 are in the money. The ones who held simply watched a paper profit disappear. Always take some profits.
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bitbunnny
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January 01, 2020, 10:43:56 AM |
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So, what is the point of just holding Bitcoin in your wallet and never selling it? What is then actual use of Bitcoin? I understand that you want to keep it long enough to get sone value and profit but there is no use of keeping Bitcoin indefinetely. I'm strongly convinced that Bitcoin is made to have real use in real life not just to keep it as some kind of souvenir. As far as halving is concerned don't expect too much in terms of huge price rise.
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piebeyb
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January 01, 2020, 10:56:27 AM |
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I still keep it even more than 8 years now, sorry for not selling it at cheap prices in 2017, I save it for 8 years is not a little time following my struggle to promote bitcoin in my country, the price of $ 20k doesn't make me tempted to sell it, because I will throw it away to people who can not afford it than I have to sell it cheap, I separate my BTC savings from my needs until now I have not sold it I am also not interested in shitcoin so I only hold some of the best and top altcoins until now, we have taken 2020 now, what will happen now, I don't want to rush to see it increasing gradually before halving even afterwards, I still believe history will repeat back as I analyzed, thanks for your interesting charts analysis, lol
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okala
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January 01, 2020, 11:32:47 AM |
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This is a good friendly advice and I hope many of us are going to follow this advice because we have no any option. I see this halving as an event that is going to determine the faith of bitcoin in 2020. I am expecting bitcoin to get above $20,000 before the end of this year.
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cosmofly
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PrimeDAO - An Adoption Engine for Open Finance
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January 01, 2020, 12:02:31 PM |
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Don't be sure to make a comment that bitcoin's price will rise. I am quite suspicious about the Halving event this time. Litecoin also has a similar situation, people fomo proudly and until halving takes place it is down more than 65% from the top. So anything can happen, you should be more careful about holding bitcoins. Anyway, holding BTC now is still a good decision but don't be too greedy, set yourself the price you will sell and make it disciplined. everything is possible so hope you can manage your capital well.
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