2020 - Set your Target and Make your Plans

[aoluain]

For those who own less than 1 Bitcoin, that illusive target of owning at least 1 could
potentially get harder in 2020. Today being the first day on the new year it is a good time
to set a goal and make plans on how we all propose to meet our targets.

Everyone knows that Bitcoin Halving is happening this year on or around the 14th of May
this obviously means that the amount of Bitcoin reward will be halved which in turn means
miners will have 50% less to sell to the markets. [decrease from 12.5 to 6.25 coins]

It has been debated to death already on how or if this will affect the value of Bitcoin but if we
take it that the value will rise and it doesnt have to be an astronomical figure it means that
whatever your target is now, it could be potentially harder to reach after the halving.

https://www.bitcoinblockhalf.com/

Here are some interesting statistics on the distribution of Bitcoins and through what wallets they reside.



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

An interesting article has come to my attention which states an interesting statistic as follows:
owning and holding at least 0.28 BTC will mean that no more than 1% of the current world’s population can ever own more BTC than you

According to former product director for Google Steve Lee

"Throughout the next few years, the scarcity of Bitcoin will increase as more investors and institutions continue to accumulate the cryptocurrency,
which could further reduce the total possible number of individuals that can ever own one whole Bitcoin (1 BTC)."

Further Rerading > https://finance.yahoo.com/news/bitcoin-still-early-stage-hold-134600144.html?soc_src=community&soc_trk=wa&guccounter=1&guce_referrer=aHR0cHM6Ly9jb25zZW50LnlhaG9vLmNvbS8&guce_referrer_sig=AQAAAMWPa1fWYPGHLfOuaqHc7TBUc5pPjfgElk5kZzcOeFIT0nv3dgGpDA3_eiajFlblMBVWraDzu7qhK9eLoEGZcb-B27QcmPahuCU4LAwQYdXAVY0kEvzjYW0x7_gmFpndLv5oj2kWkYqXDVsuX4ObbQAHUaX1HOs2YzcMjtP16PiJ

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[k@suy]

For those who own less than 1 Bitcoin, that illusive target of owning at least 1 could
potentially get harder in 2020. Today being the first day on the new year it is a good time
to set a goal and make plans on how we all propose to meet our targets.

Everyone knows that Bitcoin Halving is happening this year on or around the 14th of May
this obviously means that the amount of Bitcoin reward will be halved which in turn means
miners will have 50% less to sell to the markets. [decrease from 12.5 to 6.25 coins]

It has been debated to death already on how or if this will affect the value of Bitcoin but if we
take it that the value will rise and it doesnt have to be an astronomical figure it means that
whatever your target is now, it could be potentially harder to reach after the halving.

https://www.bitcoinblockhalf.com/

Here are some interesting statistics on the distribution of Bitcoins and through what wallets they reside.



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

An interesting article has come to my attention which states an interesting statistic as follows:
owning and holding at least 0.28 BTC will mean that no more than 1% of the current world’s population can ever own more BTC than you

According to former product director for Google Steve Lee

"Throughout the next few years, the scarcity of Bitcoin will increase as more investors and institutions continue to accumulate the cryptocurrency,
which could further reduce the total possible number of individuals that can ever own one whole Bitcoin (1 BTC)."

Further Rerading > https://finance.yahoo.com/news/bitcoin-still-early-stage-hold-134600144.html?soc_src=community&soc_trk=wa&guccounter=1&guce_referrer=aHR0cHM6Ly9jb25zZW50LnlhaG9vLmNvbS8&guce_referrer_sig=AQAAAMWPa1fWYPGHLfOuaqHc7TBUc5pPjfgElk5kZzcOeFIT0nv3dgGpDA3_eiajFlblMBVWraDzu7qhK9eLoEGZcb-B27QcmPahuCU4LAwQYdXAVY0kEvzjYW0x7_gmFpndLv5oj2kWkYqXDVsuX4ObbQAHUaX1HOs2YzcMjtP16PiJ

Actually I have my on plans and target for the next. My plan is to hoard a lot of altcoins in order for me to earn a lot in the halving season and my target is to earn so much because of the high value of altcoins that's why I am hoarding a lot. That is the best and smartest way of using your altcoins.

[MURONDI]

Actually I have my on plans and target for the next. My plan is to hoard a lot of altcoins in order for me to earn a lot in the halving season and my target is to earn so much because of the high value of altcoins that's why I am hoarding a lot. That is the best and smartest way of using your altcoins.

altcoin hoarding doesn't always end up fun, actually hoarding altcoin and bitcoin is the same, because most of the price of altcoin will follow the movement of bitcoin, but it is not recommended to hoard new altcoins, because most new altcoins will end up being shit coins, just a personal experience, I lost a lot of money from hoarding altcoin a few years ago.

[Xxmodded]

I have big dreaming with on 2020 become more success and better than last year with get much profit with bitcoin as trading or investing, I will schedule good planning at this year which one way have to focus beside joining bounty campaign as my source income I will trade my money in bitcoin and altcoin, keep profitable and make good planning before beginning with trading ways.

[pixie85]

Bitcoin is still mostly based on speculative demand which means that you have 50% chance of being profitable in short term. Most people can't take short term losses and panic sell and for this reason the market isn't for everyone. Remember that when you're making your plans for 2020.

On the positive side we have lost 70% from all time high which really makes it easy for bitcoin to at least go back to 50% I bet just 1 rich whale could make us go up 10%.

[0xcosmos]

i think the immediate effects wont be much before or at the halving but in some time after the halving it will start to take effect of the reduction and increase in price
so it is still a good time to bag some btc before it takes on for another bull rally
i have my twenty percent in btc but i will increase my holdings to around fifty in some time

[yulionoo]

of course everyone hopes that in 2020 they can get a greater profit from cryptocurrency. I have a target I should be able to increase my bitcoin count by 0.1 satoshi btc. and I hope that this year bitcoin can pump up to $ 15,000 and then in 2021 bitcoin can be a bull run of up to $ 30,000 this is my hope. and I also hope that this year the altcoin that I hold can experience an increase.

[taraku78]

My target for 2020 is to make more profit than last year. I will give more time on trading and also the bounty hunting. So I will have more bitcoin to hold if I can convert my altcoins that I have before the halving happens. The halving is near to come.

[piebeyb]

a few years ago with 10k of BTC buying pizza, even the income of getting free bitcoin from the faucet bitcoin also got big a few years ago, the income for those who sell services here whether it's bounty participants and whatever signature, I think it will be difficult again for people people get 0.1 BTC in the future when halving, the more difficult we will get because it is very rare, so in your opinion what is the price of bitcoin so we feel hard to have it in the future, the answer is only in your mind, we are talking about bitcoin how about other crypto like ETH if they are also scarce in the future, there will be a price set later

[pooya87]

acquiring 1 bitcoin has been arguably getting harder every year as the price continues rising if you exclude the bubbles and their bursts you can clearly see a constant rise every year in value. if people want to accumulate bitcoin i think the best strategy (which i myself also use) is to buy it on fixed intervals like once a month as you get your paycheck for example and try not to get greedy like wanting to wait for a big drop to buy although it should be a preferred thing to buy in the dip.

[oktana]

What's terrible is if the majority of bicoin is successfully held by the institution.

they can accumulate at any time with a few scheduled touches of fud, the spot market is also not their level. I myself have had difficulty getting 1 bitcoin in the last two years, one of the best ways is to accumulate it with altcoin trading every day. and monthly profits are passively stored in a separate BTC wallet.

[DevilSlayer]

acquiring 1 bitcoin has been arguably getting harder every year as the price continues rising if you exclude the bubbles and their bursts you can clearly see a constant rise every year in value. if people want to accumulate bitcoin i think the best strategy (which i myself also use) is to buy it on fixed intervals like once a month as you get your paycheck for example and try not to get greedy like wanting to wait for a big drop to buy although it should be a preferred thing to buy in the dip.

My goal in this year is also to acquire bitcoin as much as I can but I do not just buy bitcoin without proper timing and proper analysis. There is always perfect timing in terms of buying bitcoin and we should seek for it, there are people who ranting because they didn't consider the time and price when they bought bitcoin. There are many buying techniques that I usually do, the first is I buying at near at the support and the second thing is I buying after the successful breakout.

[aoluain]

buying regularly at opportune times is essential if trading is not an option,
that means buying at the dips as @pooya87 posted.

This means we buy at various different prices over time creating an average
buy price.

Whales and institutions may be able to affect the market from time to time
but there is nothing we can do about that other than pick our moments and
make the best informed decisions we can. we must do our own research!

[Sadlife]

We can always wait for the dip when bitcoin is to expensive to buy like when it corrected and fall down back $3200.
As much as i'd like to own 1 bitcoin its just impossible for me, that came from the lower class population so im investing whatever i can and buying into the dips then cashout whenever the price uptrends and from there slowly grow it.

[bitvalak]

But for now only those who have more money who have more than 1 bitcoin amount.
Yes indeed saving little by little is the most effective way to collect bitcoin because the amount will decrease along with halving.

[sunsilk]

A very interesting read and encouraging goal setting. It's a fact that this year will make acquiring of bitcoin harder mostly for newbies if they don't focus on their goals of having one or even to the brackets of 0.01 - 0.1 - 1.

Cost averaging still the best idea for them or wait until the dip comes. But whenever a dip comes, there will be opinions and speculations that there will be more of it which encourages them to wait until the 'bottom', so a lower one than the possible bottom that we might see.

We can always wait for the dip when bitcoin is to expensive to buy like when it corrected and fall down back $3200.

I'm optimistic about the price but thinking of $3,200 is still possible.

[wildan88]

if I look at the history of halving it will increase in the following year after halving happened in 2020 it means that 2021 should be able to create a new ATH price. my plan for 2020 hoping that I really want alt season to happen, I have some long-term investments in altcoins and hope to at least be able to profit above 1 BTC, so I'm ready to face an increase after halving.

[bobitza]

Very interesting stats

Defiantly having 1 BTC now days is not for every average user and the more time passes it harder gets to obtain BTC at a good rate

The more people get to know about cryptos, the more exchange happen daily, the more the coin grows and this is happening a very fast pace

Digital is the better option, government will probably attempt to hold it back even further

Right! Digital is a good investment choice for us. Investing in time and in time can bring you large sums of money. Not all governments accept bitcoin payments, so you have to have your own strategy. What are your goals and plans for 2020? And I'm waiting for bitcoin to increase in price to sell and buy when prices fall.

[vintages]

Interesting statistics.
However, let's start with, how are we so sure that the halving will occur around that month. Many people have been speculating different day.
Also, there is still no guarantee that there will be price pump.
I hope your plan goes well for you, trusting altcoins for profit return is quite hard for me.

[gabmen]

Very interesting stats

Defiantly having 1 BTC now days is not for every average user and the more time passes it harder gets to obtain BTC at a good rate

The more people get to know about cryptos, the more exchange happen daily, the more the coin grows and this is happening a very fast pace

Digital is the better option, government will probably attempt to hold it back even further

Right! Digital is a good investment choice for us. Investing in time and in time can bring you large sums of money. Not all governments accept bitcoin payments, so you have to have your own strategy. What are your goals and plans for 2020? And I'm waiting for bitcoin to increase in price to sell and buy when prices fall.

Well bitcoin isn't the only digital asset though. And i can say my plans for the btc i'm holding can go well beyond 2020. I agree that the halving this may will be something to put into consideration, but mostly for those people who have plans for their bitcoins this year. It's just accumulate as much btc as i can for now. The halving isn't  something i'm thinking about too much.