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Author Topic: 2020 - Set your Target and Make your Plans  (Read 643 times)
aoluain (OP)
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January 02, 2020, 09:28:18 AM
 #21

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.

we are not sure of the halving date, I mentioned on or around the 14th of May,
and we are not sure of any market movement on the lead up to or after the event.

I dont trust altcoins at all, my focus is purely on Bitcoin!

R


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January 02, 2020, 09:48:48 AM
 #22

Definitely, but before the halving could occur, the difficulty is lesser plus, the market is continuing to decline as of the moment which is fact, a good opportunity to serve as the opening for the new investment. I don't think people would let it pass, but if I am to ask, I will invest my fullest once this market sets a new ATH. Like literally, grabbing the opportunity to accumulate more because I am pretty sure, it will be hard to have entry points in the future after the halving occur. As a preparation, we should have our own wallets to store bitcoins safely for now.
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January 02, 2020, 09:57:40 AM
 #23

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

I already did it. Mine was to be more careful about investing bitcoin and to watch more on charts because that's what made me lose a ton of money last year not watching the charts and being too confident about trading. Also accumulating top altcoins and bitcoins starting now until halving  and I hope that it will be a good choice.

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January 02, 2020, 10:02:35 AM
 #24

The irony here is that it is already tough to obtain 1 bitcoin right now. If time can be reverted back, I won't even have a second thought of buying in exchange of pizza. Anyway, time really flies as much as I hope to earn a piece of time prevents me of doing it so, you know I am just an average human doesn't even have a capacity of doing like what others did, I may earn bitcoin at a quite decent amount for someone like me but to earn a piece of it, and considering the fact that halving is near around I don't think I could even reach 1 bitcoin, but still I will be working my ass-off, to earn as much as I could.
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January 02, 2020, 10:50:34 AM
 #25

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.
Halving bitcoin will probably not cause the price of Bitcoin to rise, even if the bad situation occurs, the price of bitcoin will drop and cause many people to panic. Planning to invest in altcoins at this stage is really dangerous and you can lose many times if Bitcoin collapses in the next few months, the price of altcoin will definitely decrease many times and we will see many new bottom of altcoin
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January 02, 2020, 10:55:27 AM
 #26

For someone like me who has some great plans, altcoins trading has greatly depleted my good plans, hence I now very careful in my altcoin dealings in other not jeopardize my bitcoin future. I missed a great chance in 2017, in which I invested most of my bitcoin in USI-TECH and some mining companies.
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January 02, 2020, 11:30:24 AM
 #27

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.
I have the same goal as yours. I don't want to waste time and I'm planning to use my time wisely in acquiring and earning more bitcoin to hold before the price increases. Though I agree that it's not easy to earn bitcoin nowadays. We still need to look through different factors before buying bitcoins. We can't just buy without thinking, we need to analyze things first.

The data is nice. Interesting to see the percentage of the amount of bitcoin hold in an address. This just shows that we should work hrad in earning more bitcoin while we still have the chance. 

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January 02, 2020, 11:42:17 AM
 #28

Taking serious your goals is also a determination will help what to do and how to achieve it.Bitcoin is great thing now a days to reach your goals,But how you intelligent to sort out things timely.

Know yourself in which field you are good investing or trading and put all efforts on it to earn maximum in effective and efficient way.

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bitcoindusts
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January 02, 2020, 11:53:52 AM
 #29

As far as I know the year 2017-2018 is way harder than the current year to own BTC.  Mining reward maybe halved soon but the price to get 1 whole BTC is cheaper than those stated years.  So as far as logic is concern, I do not think that getting a whole BTC is harder than before.  Though, it would be a good step to plan to own a whole of BTC if we don't have it yet.
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January 02, 2020, 12:20:40 PM
 #30

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

  A lot of people in the community are dreading, but fail to see all the inspiration Bitcoin has caused that lead to other projects improving upon Bitcoin and Blockhains code and original idea. Ethereum could well be considered Bitcoin 2.0. The introduction to smart contracts and the utilization of tokens really took the whole scene a leap forward. The proof of work consensus algorithm pathed the way for proof of stake and all the others that were inspired by it. It was obvious this would happen, Bitcoin was going to become scarcer due to future halving's.

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January 02, 2020, 12:38:46 PM
 #31

Speculation in this market is very difficult so the plan is always the most important thing in this market. If you have a clear and feasible plan, you will certainly succeed in this market. in addition we should own as much bitcoins as possible because after May 2020 bitcoin will undoubtedly become scarcer and its price will certainly be higher than it currently is. This has been proven in the past by 2 previous halving

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January 02, 2020, 12:46:07 PM
 #32

As far as I know the year 2017-2018 is way harder than the current year to own BTC.  Mining reward maybe halved soon but the price to get 1 whole BTC is cheaper than those stated years.  So as far as logic is concern, I do not think that getting a whole BTC is harder than before.  Though, it would be a good step to plan to own a whole of BTC if we don't have it yet.
Bitcoin grows a lot and a lot easier to buy and sell bitcoin nowadays, people should have no reason on not buying bitcoin. Always set your plan, your plan should not depend on any occasion because you have to done your homework before making any decision. Owning bitcoin nowadays is a must, i hope everyone sees its importance as a good investment.

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January 02, 2020, 01:31:52 PM
 #33

As far as I know the year 2017-2018 is way harder than the current year to own BTC.  Mining reward maybe halved soon but the price to get 1 whole BTC is cheaper than those stated years.  So as far as logic is concern, I do not think that getting a whole BTC is harder than before.  Though, it would be a good step to plan to own a whole of BTC if we don't have it yet.
Bitcoin grows a lot and a lot easier to buy and sell bitcoin nowadays, people should have no reason on not buying bitcoin. Always set your plan, your plan should not depend on any occasion because you have to done your homework before making any decision. Owning bitcoin nowadays is a must, i hope everyone sees its importance as a good investment.

Sad to say that there were still some people who were weak enough and still can't see the potential of Bitcoin in the world, still they are afraid to take risk and just regret when the price of it becomes high. These are the people who are not motivated at all, they are just after the profit, but they don't really plan at all.

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January 02, 2020, 01:43:47 PM
 #34

Speculation in this market is very difficult so the plan is always the most important thing in this market. If you have a clear and feasible plan, you will certainly succeed in this market. in addition we should own as much bitcoins as possible because after May 2020 bitcoin will undoubtedly become scarcer and its price will certainly be higher than it currently is. This has been proven in the past by 2 previous halving
But make sure that guys are planning with reservation since we are talking about the market whose volatility rate is high and plans don't go as planned because the market is always changing. Speculation these past few years are getting harder because almost all of us are just waiting for the perfect timing, whales are even silent and not showing off.  The halving is the last resort of us to prevent bitcoin from going down to $6K.

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alisonwonder
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January 02, 2020, 01:44:30 PM
 #35

I included in the address total of 27%, my target has at least 1 BTC, but current market conditions make it hard for me to make a profit, I have no other way to double my current bitcoin. besides collecting from signatures.

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Asmonist
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January 02, 2020, 02:19:52 PM
 #36

This 2020 I will buy more coins as much as I can. Upon waiting for that very big day of crypto price high I can definitely make more profits by investing more as well. Taking advantage of this lower price level is somehow a grear opportunity to invest more. Of course, just the right amount that I can afford to invest. I still believe that its going to unpredictable but as well making plans for it rather not having at all.

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January 02, 2020, 05:10:36 PM
 #37

Say goodbye to 2019 and make strong goals for 2020. Our full efforts should be to achieve our legitimate goals. Few of my goals for 2020 are:
  -   Gather at least 1 bitcoin
  -   Visit another country (preferably Malaysia)
  -   Be active all year and not waste any of your time.

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Murat
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January 03, 2020, 08:13:07 AM
 #38

After completing 2019, I hope 2020 will bring to me a stroke of good luck because I have already set my mind to work hard and gain something special during this year, So already I made up my mind what to do and what should avoid, Basically, My plan totally based on cryptocurrency specially Altcoin based, Whatever the case, I want to gain at least some Bitcoin within 2020, I just believe Bitcoin could be my favorite thing for getting success in the coming days. I want to hold My Bitcoin until the price will reach 20K.

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January 03, 2020, 08:25:31 AM
 #39

My target in 2020 is to become a full time cryptocurrencies trader while my plan is to invest a reasonable amount of funds having been learning throughout 2019, having a less than 1 btc isn't a problem to me its all about trading profitable and consistently even with a little profits coupled with a sound money management, this year cryptos market would thrive better and I want to capitalize on every opportunities that avail in trading.

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January 03, 2020, 08:29:14 AM
 #40

What if it's just the same people but have different addresses? I think we cannot clear or clarify that some bitcoin addresses belong to one person. Based on the table, there would be more people trying to hold in different addresses, probably for various reasons.

As for the earning of Bitcoin, it would be harder to have more for miners because the rewards became half, but for the people in general, there are still plenty of Bitcoin circulating. It's not so much an effect if you think about it.

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