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

[posi]

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

Yeah,selling of ones bitcoin is never a good decision but at the same time it all depend because i actually sold some portion of my holding during the holiday season because i have some urgent and important expense concern my family which i have to care of and I'm sure 65% of every crypto holder does it either.

[Bitcoincc]

May 14, 2020

129 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 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



https://www.cryptocointrade.com/wp-content/uploads/2019/04/BTC-Halvenings-4.png

https://ei.marketwatch.com/Multimedia/2018/11/02/Photos/NS/MW-GX701_bitcoi_20181102101902_NS.png?uuid=3f5c4858-deaa-11e8-a352-ac162d7bc1f7

Some people are predicting that bitcoin halving might not cause any increase in cryptocurrency prices. This is against normal previous technical analyses. Halving will surely have positive effect on market price as it will initiate another bull market or price increase. Hodling now is highly advisable.

[rdluffy]

I'm holding my BTC for more than years, of course I want BTC to the moon but we have to be realistic and maybe the price will be the same for a Long time or even the prices will fall, so it's important to be prepared for everything

[Hallmader]

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?

You need to use some to buy the things that you need. If you cannot spend them as Bitcoin then you need to convert them into fiat but convert only the amount that you particularly need. The rest you will keep as Bitcoin. There is still growth waiting for them in the future.

[jostorres]

What people are missing out is that I know halving is about to happen, you know it too, your friends now it, everyone here knows it, hell peoples grandma now knows it, halving is already known and expected.

If you still think that price will go up just because halving happened you have never been in a traders market, if something good is going to happen they put that in price months even years beforehand, you think you are the only person who can see the price going up after the halving? You are not, everyone who wants to buy before the halving already bought before the halving already, so it is already counted in the price. When halving happens nothing will change in the price because that %100 increase in this years price? That was already for the halving already.

[drlukacs]

What people are missing out is that I know halving is about to happen, you know it too, your friends now it, everyone here knows it, hell peoples grandma now knows it, halving is already known and expected.

If you still think that price will go up just because halving happened you have never been in a traders market, if something good is going to happen they put that in price months even years beforehand, you think you are the only person who can see the price going up after the halving? You are not, everyone who wants to buy before the halving already bought before the halving already, so it is already counted in the price. When halving happens nothing will change in the price because that %100 increase in this years price? That was already for the halving already.

This is not necessarily true. despite the price of
Bitcoin has increased by more than 100% since the beginning of this year but it is due to the influence of the sharks. they knew that people were still unprepared for this halving event, so it bought a lot of bitcoins at around $ 6k5 and $ 7k. People will gradually buy more bitcoins. Meanwhile, the shark will take advantage of this and sell bitcoin to make reversals. This is the strategy of manipulative organizations and we should be careful.

[peter0425]

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

but that is what Op says,we must Hold and wait for after halving before selling,and who says that you dont have profit while holdings?when the value is growing then our holdings making some profit though it is little by little because we can just sell anytime we want and no one is hindering us mate.

i will stay Hold my Bitcoin and other altcoins also,while looking for a chance to buy again before May 14 this year.

[Lanatsa]

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

but that is what Op says,we must Hold and wait for after halving before selling,and who says that you dont have profit while holdings?when the value is growing then our holdings making some profit though it is little by little because we can just sell anytime we want and no one is hindering us mate.

i will stay Hold my Bitcoin and other altcoins also,while looking for a chance to buy again before May 14 this year.

Of course you would really profit out but it depends if the price is higher compared on when you do buy in.
Holding will be your option if you dont tend nor risk to day or active trade with it.We know that halving event is approaching
and we know the possibilities of price shoot up but we shouldnt expect too much yet neither the price on that time will
decrease rather than increasing as we anticipate.

[LogitechMouse]

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

Holding forever?? I don't think that this is a good idea. The reason why you are investing into cryptocurrency is to have profits since it is considered an "investment". I don't want to hold Bitcoins until I die LOLS. A percentage of the total supply of Bitcoin right now is inaccessible for some reasons and I feel that it is increasing. Its good to hold Bitcoin but don't hold it forever. Sell it at some point and use it to buy a Lamborghini .

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

Why use for a cold wallet if I can buy a hardware wallet .

[iamsheikhadil]

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits

[Karmakid]

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits

While you are holding your bitcoin for the upcoming halving, you should also try to learn something so you can use or apply it to yourself to make more bitcoin. We all want to make profits but getting more bitcoin will give us more profits once the price appreciates up because of the halving from the upcoming months.

[johant123]

First of all; there is so much publicity about the upcoming halving indeed that I can hardly believe it not being priced in already. I don't expect a giant price hike this year ( but I hope I am wrong).

What I do is to keep most of my BTC safe in my own wallet for now, while I use a small part for swing trading. On the one hand, for trying to accumulate more without investing additional €€ but mostly because I want to learn. It's the same I do with my ETH and LTC amounts, only I use a larger percentage for "trade practice" because most of my invested money is in BTC anyway.

I won't become a professional trader this way, but it allows me to learn, and hopefully I make some profit on the way too.

[otto_diesel]

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

Holding forever?? I don't think that this is a good idea. The reason why you are investing into cryptocurrency is to have profits since it is considered an "investment". I don't want to hold Bitcoins until I die LOLS. A percentage of the total supply of Bitcoin right now is inaccessible for some reasons and I feel that it is increasing. Its good to hold Bitcoin but don't hold it forever. Sell it at some point and use it to buy a Lamborghini .

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

Why use for a cold wallet if I can buy a hardware wallet .

that's great bro. yes a hardware wallet a type of a cold storage. ✅

You can storage your bitcoins in any exchange, you can do day-trade, lending whatever.  But your bitcoin holding wallet must be a cold storage. . 

Trust me and Start to save a bit of bitcoin in a cold wallet for future. 

[bdivrik]

The market was waiting for this date. We used to count days in fork. But the bitcoin prizes of the miners are more important than anything else. This does not raise the price immediately. However, the expectation that the price related to everything will increase will increase.

[johant123]

For those who hold their coins in the long term (my plan as well), doesn't it make sense to sell them at the (potential) top after the halving, and re-buy them after the (inevitable) dip after the hype settled down?

[otto_diesel]

For those who hold their coins in the long term (my plan as well), doesn't it make sense to sell them at the (potential) top after the halving, and re-buy them after the (inevitable) dip after the hype settled down?

it's called trading bro. you can trade your bitcoins, but it's a wallet for never sell. (it doesn't mean you have to hold till the grave)

[samcrypto]

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits

We should start doing this so no one will regret of not having a lot of bitcoin because the price is soon to go up. Though the chart shows that within a year bitcoin will goes high and high until it makes a new ATH, don’t expect for a big pump on a day of halving its still good to hold within a year after halving, that’s a safest time to sell.

[otto_diesel]

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits

We should start doing this so no one will regret of not having a lot of bitcoin because the price is soon to go up. Though the chart shows that within a year bitcoin will goes high and high until it makes a new ATH, don’t expect for a big pump on a day of halving its still good to hold within a year after halving, that’s a safest time to sell.

yes its like self-fulfilling prophecy and its a reality. i think selling after the ATH not a bad idea but you can still hold for 3-4 halvings. its makes at least 10 years.

[Karmakid]

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits

We should start doing this so no one will regret of not having a lot of bitcoin because the price is soon to go up. Though the chart shows that within a year bitcoin will goes high and high until it makes a new ATH, don’t expect for a big pump on a day of halving its still good to hold within a year after halving, that’s a safest time to sell.

yes its like self-fulfilling prophecy and its a reality. i think selling after the ATH not a bad idea but you can still hold for 3-4 halvings. its makes at least 10 years.

It is always a good idea to sell at the all time high price because you don't know if the price is gonna fall again or not. Holding your cryptocurrency is always an option but you should always remember that you should sell some if the price is expensive enough for you. Do not hold forever, try to unload sometimes to enjoy your hard earned profits.

[milewilda]

I agree to it wholeheartedly and I have started to save from now on that I will not a a single penny on gambling or anything and save till I have enough till the halving approaches so then I will not have regrets of missing of potential profits

We should start doing this so no one will regret of not having a lot of bitcoin because the price is soon to go up. Though the chart shows that within a year bitcoin will goes high and high until it makes a new ATH, don’t expect for a big pump on a day of halving its still good to hold within a year after halving, that’s a safest time to sell.

yes its like self-fulfilling prophecy and its a reality. i think selling after the ATH not a bad idea but you can still hold for 3-4 halvings. its makes at least 10 years.

Each person do have its own set of goals on when they gonna sell.Some wouldnt even sell out even it do hit up its ATH yet waiting for more for higher price will most likely be done.For people who had bought on peak price like on 2017 will surely be longing for this period to come yet they would break even at least on what they had lost for that time.Hodling isnt bad but it shouldnt be on the point that you wont sell out on a specific price.It will vary from person to person though and as said i dont really expect too much that there would be a big price jump after halving but lets see on what would happen.