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

[Magkirap]

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.

Holding really means that you will hold it until something happens, until the thing you expected has reached like for example after the halving you expect yourself to hold until bitcoin reaches its ATH but like what you have said it really depends on people but we should not hold without a purpose because it is lile you don't know what you're doing and you'll lose lots of opportunities due to lack of plan. You just need to have a plan for everything so that you won't miss any possibble profits.

[fortunecrypto]

Very interesting chart and find, right now Bitcoin is at $8000 level and still moving forward, it's very tempting to sell if you bought Bitcoin at $6000 and there are reports of sliding back because some people consider this as an artificial pump, it's very tempting to sell some, and if many are thinking this way Bitcoin could go down again.

[beerlover]

I don't know if you guys would agree with me on this one or not but I had another idea about halving. Instead of buying right now, I will wait until halving and after halving if price doesn't go up like everyone expects then there could be a lot of people who will sell their coins, which means price will fall. I will buy from that fall and after I bought it I will be patient, maybe it will take a week, maybe a month or maybe even couple of months but eventually it will go back up and I will profit.

Do you think that is too risky because price may continue to go up until halving, or do you think there is really a possibility of price going down in disappointment after the halving? Am I making it up and there is no way of something like that ever happening?

[lixer]

I am not entirely sure whether there is going to be an increase after the halving, I can’t really predict. I have seen a lot of people say what they think is going to happen, some have said that there’s going to be an increase and a few have said that’s not true that there’s going to be a decrease instead and they all have their reasons on whatever opinion they have.

I just don’t know who to believe, but after looking at the chart of price movement after previous halving I think I’m more on the side that there is going to be a rise. So I’ve been holding my coins and I haven’t sold them yet, it’s really been a long time.

[senne]

I love how people just say... Never sell them!
Greed is in human nature. People just want to wake more and more while they forget to enjoy that money. I have seen that happening in crypto a lot. People will get rekt but won't exit from their investments till they have nothing left.
Always follow set targets and use the profits you have earned. Else why are you even trading if you just wanna keep it in your investment.

Halving is coming, speculation gonna take the price up. Earn profits and exit.

[huige007]

I don't know if you guys would agree with me on this one or not but I had another idea about halving. Instead of buying right now, I will wait until halving and after halving if price doesn't go up like everyone expects then there could be a lot of people who will sell their coins, which means price will fall. I will buy from that fall and after I bought it I will be patient, maybe it will take a week, maybe a month or maybe even couple of months but eventually it will go back up and I will profit.

Do you think that is too risky because price may continue to go up until halving, or do you think there is really a possibility of price going down in disappointment after the halving? Am I making it up and there is no way of something like that ever happening?

Bitcoin including whole crypto market has been in bearish phase for much longer time now and investors are exhausted by observing down graphs. All this hopelessness will boom if even after halving the prices don’t go up. That would not only be risky for the market but also very disappointing for the investors. I personally feel prices will go up in order to sustain market and you shall buy few coins in order to enjoy halving.

[tabas]

I understand the message of what op wants to send us. It's very plain that we just have to keep our bitcoins until the right time of selling it. Be it @$20,000 , $50,000 , $100,000 or more than that. Set a target price that you want to sell and hold it until it comes.

[hahay]

I understand the message of what op wants to send us. It's very plain that we just have to keep our bitcoins until the right time of selling it. Be it @$20,000 , $50,000 , $100,000 or more than that. Set a target price that you want to sell and hold it until it comes.

That is what it means, but we cannot assume that everyone has the same needs in this room because there may be some users who will only hold bitcoin for a mid term or maybe they will sell it when they need money quickly so that is also not a problem or other needs that might happen. But indeed, making a part of a long term investment for bitcoin will be better for us to remain patient because selling at peak prices is the main target for us.

[JeffBrad12]

I love how people just say... Never sell them!
Greed is in human nature. People just want to wake more and more while they forget to enjoy that money. I have seen that happening in crypto a lot. People will get rekt but won't exit from their investments till they have nothing left.
Always follow set targets and use the profits you have earned. Else why are you even trading if you just wanna keep it in your investment.

Halving is coming, speculation gonna take the price up. Earn profits and exit.

Exactly, just sell it if people feels they already hit the price point they really hoped for. To hold recklessly without considering any possibility that the price might go down all over again is simply foolish. There are so many people back then that decides to risk that way even though the price has become overvaluated and as a result the massive dump of bitcoin at early 2018.

[TheCoinGrabber]

Well, I think the possible earning is worth the risk. Our money is not earning anything while we are holding but if we manage to sell at the correct time the profit might make up for the opportunities lost while the money is stagnant. Anything over 5%/year held would be nice.

Exactly, just sell it if people feels they already hit the price point they really hoped for. To hold recklessly without considering any possibility that the price might go down all over again is simply foolish. There are so many people back then that decides to risk that way even though the price has become overvaluated and as a result the massive dump of bitcoin at early 2018.

Yes, I think setting a target is key. Sure it might still rise after you've sold and that would make you feel bad a bit but at least you know you already have to money to buy for the next dip, which will come, eventually.

[kapalmabur]

I understand the message of what op wants to send us. It's very plain that we just have to keep our bitcoins until the right time of selling it. Be it @$20,000 , $50,000 , $100,000 or more than that. Set a target price that you want to sell and hold it until it comes.

when is the right time to sell? it will be a waste of time, why not just trade the Bitcoin you have? great potential to get profits will be higher

[Murat]

Definitely, Holding Bitcoin is a good option for any situation but what about the halving issue? forget about the halving, Bitcoin holding always is worthy for anyone because certainly, it will bring a good amount of money, but for me when the price of Bitcoin is high then Bitcoin should be sold, short term or long term holding it doesn't matter, we should wait for the convenient moment, so spending Bitcoin is not a good idea, for me, If we can hold until the Bitcoin halving then it may a good thing for every Bitcoin holders but price high is the main thing.

[tabas]

I understand the message of what op wants to send us. It's very plain that we just have to keep our bitcoins until the right time of selling it. Be it @$20,000 , $50,000 , $100,000 or more than that. Set a target price that you want to sell and hold it until it comes.

when is the right time to sell? it will be a waste of time, why not just trade the Bitcoin you have? great potential to get profits will be higher

I can trade if ever I want to buy I'm not good on it and this is more precious than the alts that I have. I don't have to sell it for the moment and if you want to trade it and you don't get rekt, good for you but this isn't a good tradable coin for me. I have other choice to trade rather than bitcoin.
It's not a waste of time to sell at the right time, it's effortless and worth it.

[kaya11]

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

You have lost your mind, holding gives you profit, as long as it is sold more than you bought it. You see, divide your profits of selling by the days of holding it, that is answer is your daily profit.

[bitcoindusts]

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

You have lost your mind, holding gives you profit, as long as it is sold more than you bought it. You see, divide your profits of selling by the days of holding it, that is answer is your daily profit.

Holding does not give you profit because the amount of Bitcoin you hold is still the same.  You only profit if you sell it higher than the price you bought it.  So no matter how we are incline to hold Bitcoin, profit only come when we finally convert it back to cash.  And don't rush to sell your Bitcoin right after the halving because if we look at the history of Bitcoin, the time where it peaked its rally is a year after the halving.

[Gheka]

Definitely, Holding Bitcoin is a good option for any situation but what about the halving issue? forget about the halving, Bitcoin holding always is worthy for anyone because certainly, it will bring a good amount of money, but for me when the price of Bitcoin is high then Bitcoin should be sold, short term or long term holding it doesn't matter, we should wait for the convenient moment, so spending Bitcoin is not a good idea, for me, If we can hold until the Bitcoin halving then it may a good thing for every Bitcoin holders but price high is the main thing.

Indeed, bitcoin is always a place to invest in any case, the halving event is just a ray of hope to think that bitcoin will rise higher and sooner, so it will be effective or not, it's not so important when the end result is that the value of bitcoin will still increase with too high demand in the market, so much reference for the magical journey of bitcoin. And honestly, I don't have much appreciation for the topic that people talk when people think the halving event will help bitcoin go up, the demand for holding is so high and limiting selling in panic, this ratio will not help bitcoin can fly

[agentx44]

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

The upcoming halving would definitely make a massive change on bitcoin's price and everyone is very hopeful about it. It is very vital that we start preparing our investment for it so that when it comes, we can make sure that it would be very beneficial and our long wait will be worth it after that. Although we are not really certain that it will boost bitcoin's value a lot, we should still believe that it would change the status of bitcoin wherein it will keep on rising instead of going down more often just like what we have now.

[Genemind]

Most investors have been waiting for halving for such a long time and I believe that it will bring a huge impact on the price of Bitcoin. That's the reason why I keep on holding my Bitcoins and I have been trying to accumulate more so I would have a chance to gain a good profit with the prices strikes high. Yes, the market is unpredictable but there's no harm in hoping for the best market situation.

[Aying]

If I buy my bitcoin at a drop price then I will definitely hold mine now, but if its not, then it is not the time to hold because you will not get that much profit at halving time. I will probably wait for next dumping, it may be happen? maybe for sure coz we saw a decrease these past few days so it is worth the profit much if we purchase at lower price before halving started.

[btccashacc]

If you are a day trader or short term investor you must be made a profit by now, but if you are long term Investor HODL might be a good choice for you. I agree with OP's advice that everyone should create their cold wallet and start saving even though they are short term trader, at least in the future you have something that you can sell, but remember to keep your private key in the safest place.