3 smart ways to bet on the upcoming bitcoin halvening with options

[vennali]

Are you prepared for the upcoming Bitcoin (BTC) halvening? Learn more about how you can not only protect, but also boost your crypto portfolio with options.
First things first, what is bitcoin halvening?

Bitcoin halvening is an event which halves the rate in which new Bitcoins are produced once every four years.

You don’t have to worry about BTC running out anytime soon though! To keep inflation under control, the bitcoin protocol was programmed with a limited supply of 21 million, with new bitcoins gradually entering the system as an incentive for network processors (aka miners).

Similar to the increased difficulty of gold mining overtime, the rate at which bitcoins are created is reduced by half every four years.

Bull or bear? Upcoming halvening in May 2020

The next BTC halvening is expected to happen in a few months time in May 2020. Just like in previous halvenings, this has led to differing opinions about the price direction with the potential massive price fluctuations and “supply shock” to be expected.

As one of the most flexible derivative instruments, options will enable you to manage, boost or protect your crypto positions ahead of the halvening.
Here are 3 ways you can do so:

1. Turn your halvening bets into profit

2. Protect your crypto portfolio from potential halvening REKT

3. Think the halvening will be a non-event? Make your crypto assets work for you anyway.

Read about it in detail with graphs by clicking HERE

[leyton11]

I think the problem is not in the emotions anymore, the problem will be in the profit plan in the future.  Some people often have a trade habit without a plan, so that when the cows gradually disappear and the price goes down, they decide to sell.  This is one of the most misguided steps and from now on you need to set a clear profit-taking plan.  For example, you have 10 bitcoins.  so okey, you would set a goal that if bitcoin increased to $ 11k, you would sell 2 bitcoins;  If the price of bitcoin rises to $ 12k, you will sell 2 more bitcoins, etc.This is the best way for you to manage risks and profits, because when the price drops quickly, you still have profit.

[davis196]

Your blog post is more promotional than informative.
I've never heard about this sparrowexchange.com website.Are you affiliated with this crypto trading platform?
I guess that selling options is a new trading tool to hype up the noobs before the Bitcoin halving.
Only experienced traders should use options.The newbie traders might face financial loss.I understand that the possible loss might be limited,compared with actual crypto trading,but people should use options with caution.

[Wexnident]

A lot of people trying to advantage of the halving FOMO and are coming up with ways to spread news that would turn to their advantage. Still, I posted my opinion in the past about options and would do so again, don't. Even experienced traders have difficulties in managing their portfolios when entering the scene of options, what more those whom know nothing about it. Not only that, it's closer to gambling than it is to trading, which really shows how much risk it actually brings to its users. 

[rijaljun]

2. Protect your crypto portfolio from potential halvening REKT

I read about this one in the mentioned link, do you mean that halving event could lead the price down and Bitcoin holders are in risk?

This is basically suggesting people to take more risk (in option trading) to fight halving risk (the price changes because of halving).

[red4slash]

A lot of people trying to advantage of the halving FOMO and are coming up with ways to spread news that would turn to their advantage. Still, I posted my opinion in the past about options and would do so again, don't. Even experienced traders have difficulties in managing their portfolios when entering the scene of options, what more those whom know nothing about it. Not only that, it's closer to gambling than it is to trading, which really shows how much risk it actually brings to its users. 

indeed there will always be FOMO, but this year many people are burning the news and making people trapped in the FOMO they made. so far the consistency in the ways that we have must continue to be maintained, because it would be better to see the potential price first than just watching the news.

[NeuroticFish]

1. Turn your halvening bets into profit
2. Protect your crypto portfolio from potential halvening REKT
3. Think the halvening will be a non-event? Make your crypto assets work for you anyway.

So, to be short: "We don't care what you do as long as you use our platform and we get the fees".
I understand that you try to get people trade there, but you have to find some guys who can make proper speculation posts (like this example), most probably on shorter terms, but at least helping newbies try to understand what happens around them. You should have better luck on getting at least readers to that.

[milewilda]

Your blog post is more promotional than informative.

Yeah its promotional and theres no question to that basing on his sig space https://sparrowexchange.com/

I understand that you try to get people trade there, but you have to find some guys who can make proper speculation posts (like this example), most probably on shorter terms, but at least helping newbies try to understand what happens around them. You should have better luck on getting at least readers to that.

+1 to this and people do get interested if they do able to read up a corresponding analysis when it comes to possible price movements.

[panganib999]

Those decisions don't even need the halving to be considered. Read it, but it contained close to zero information that could possibly help any newbie or experienced trader in their trades. Not only that, you didn't even discuss on the basics of what Options are and what are the possible pros and cons in case of the development in what your 3 cases entails. Halving is discussed, sure, but it's quite irrelevant, since the core idea is still playing around with options.

[sisule]

1. Turn your halvening bets into profit
2. Protect your crypto portfolio from potential halvening REKT
3. Think the halvening will be a non-event? Make your crypto assets work for you anyway.

So, to be short: "We don't care what you do as long as you use our platform and we get the fees".
I understand that you try to get people trade there, but you have to find some guys who can make proper speculation posts (like this example), most probably on shorter terms, but at least helping newbies try to understand what happens around them. You should have better luck on getting at least readers to that.

Better not waiting with bitcoin halving time if reach profit by bitcoin growing to higher price sell soon as possibility without care what happen after bitcoin halving time, I believe some one can destroy bitcoin price without halving near and they can make many people panic for selling bitcoin and we must smart just enough with our profit with bitcoin investment.

[ChrisPop]

Options have always been a magnificent instrument for the professionals to hedge their portfolios. However for the amateur crypto trader options and derivatives in general can represent a daunting new world. Remember that when you sell call options you are exposed to unlimited risk( your whole account is exposed). Then you have to ask yourself if it is not better to just buy perpetual contracts on leverage instead of making a bet by buying a probably expensive option. But all these things depend on your trading/investment strategy.

While options can be very rewarding as all the other trading instruments, they can make a trader's account disappear as fast as a lightning.

[Kelvinid]

I understand that you are promoting your platform and I know that was a helping option for traders. But granting how the market it looks like, we can't say that most traders will take that options rather than to follow their own market trade strategies. What is in the mind of traders as halving fast approaching? They gonna make money at that moment and even don't follow such options as you've said.

[adaseb]

There is already a bitcoin options platform with decent liquidity,
https://www.deribit.com/main#/options?tab=all

However I wouldn't be trading the halving, especially with options.

Why? The premium is just way too high and most likely on May 2020, nothing will happen. Maybe BTC will rally sometime late in the year or in 2021. Too many people are thinking they can outsmart the market because "Less supply, higher price" or "Because last 2 halvings were bullish". Look what happened with LTC. The price rose to the halving and then started to go back down. Basically buy the rumor and sell the news.

[Upgrade00]

I am not going all into the halvening, it is believed by a majority to have a positive effect on the market, as miners try to come with the halvening of their rewards, the price is expected to increase so that it can remain profitable. This, of course, does not always happen.
I'm buying as I normally would with my budget, Day trading options are always available, but as a longer-term holder, all you have to do is buy and hold. There are many indicators suggesting how to go do this.

[jcpone]

Are you prepared for the upcoming Bitcoin (BTC) halvening? Learn more about how you can not only protect, but also boost your crypto portfolio with options.
First things first, what is bitcoin halvening?

Bitcoin halvening is an event which halves the rate in which new Bitcoins are produced once every four years.

You don’t have to worry about BTC running out anytime soon though! To keep inflation under control, the bitcoin protocol was programmed with a limited supply of 21 million, with new bitcoins gradually entering the system as an incentive for network processors (aka miners).

Similar to the increased difficulty of gold mining overtime, the rate at which bitcoins are created is reduced by half every four years.

Bull or bear? Upcoming halvening in May 2020

The next BTC halvening is expected to happen in a few months time in May 2020. Just like in previous halvenings, this has led to differing opinions about the price direction with the potential massive price fluctuations and “supply shock” to be expected.

As one of the most flexible derivative instruments, options will enable you to manage, boost or protect your crypto positions ahead of the halvening.
Here are 3 ways you can do so:

1. Turn your halvening bets into profit

2. Protect your crypto portfolio from potential halvening REKT

3. Think the halvening will be a non-event? Make your crypto assets work for you anyway.

Read about it in detail with graphs by clicking HERE

Well, this was your opinion but each everyone here in the forum had their own way of preparation for the bitcoin halving. I just really wish that this I must have at least a few capital to buy those coins that I like to get before the halving is happen for the coming month of May 2020, so that at least I could get a nice profit anyway.

[nicolas1979]

You already have mindset bitcoin halving is not profitable event and should take safety for your asset, that pessimist or scare?. We can't push people into our decision but mostly I agree about safety, with out that lost will be ours. My prediction halving will make bitcoin dump but not far from $ 9.000 the safety is close all transaction before halving event. This time keep trade and invest in medium plan, majority us still need money for daily activity.

[bitgolden]

Unfortunately we cannot estimate when market starts to react for this crypto space's most significant event. Yes, halving must be the most prominent event in entire crypto space but in the past markets just ignored it and traded like non-event for before six months and after six months as well. You need to wait for more than 8 to 10 months for FOMO to be formed so that market will enter into a true bullish trend. I am just talking about from what I had observed in the 2016 halving.

I guess there should be no need of any special way of trading with respect to halving; just continuing what we are regularly doing would be more than enough and safer method for any trader. Options trading is not at a recommended way of trading hence modifying something into it for the reason of halving is definite not a good thing to do.

[arbifahrozy]

option 1 :just hodl bitcoin before halving,a few days,then sell it, u will get a profit.
option 2 :just hold bitcoin for long time after halving,u will get more profit.
that the simple option on my mind.

[vennali]

There is already a bitcoin options platform with decent liquidity,
https://www.deribit.com/main#/options?tab=all

However I wouldn't be trading the halving, especially with options.

Why? The premium is just way too high and most likely on May 2020, nothing will happen. Maybe BTC will rally sometime late in the year or in 2021. Too many people are thinking they can outsmart the market because "Less supply, higher price" or "Because last 2 halvings were bullish". Look what happened with LTC. The price rose to the halving and then started to go back down. Basically buy the rumor and sell the news.

Yes there is, but more platforms, the better it is for the consumers.  You can arbitrage across platforms and try to get the best out value out of it. I do agree that market perception does dictate the price to an extent but you dont really have to trade options to Outsmart the market. You can use to as a way to secure your position incase of volatility and try to be profitable even on the worst case scenarios. Its not easy, but it is possible. At least use it as an insurance, if the market goes crashing in the near future. You can secure your position and stay happy. There are long term options like 6 months etc, if you are unsure how the market will progress in a short span of time.

[sisule]

People and investor mind with halving is time for buying and investing with bitcoin because halving could be most effective way how to see bitcoin on fire with higher price, many investor always check feed back how bitcoin become success on higher price last halving before and make decision with halving three months later become success again.

[the rise]

it is better not to take a risky step in the derivatives market, we can simply buy bitcoin on the spot market and hold it until the price increase momentum occurs, especially for holders under 1 btc. the estimated time is still unconfirmed because the market will surge hard for a year after halving, this is what I learned earlier, it is very dangerous to speculate with leverage.

[pakhitheboss]

There are two kinds on investor  short and long then there is a trader. As for me I am short ter investor and for a person like me halving is the right time to accumulate till end of April and then sell.

[naira]

it is better not to take a risky step in the derivatives market, we can simply buy bitcoin on the spot market and hold it until the price increase momentum occurs, especially for holders under 1 btc. the estimated time is still unconfirmed because the market will surge hard for a year after halving, this is what I learned earlier, it is very dangerous to speculate with leverage.

buy when the spot market conditions are quite good, because there will be a possibility to go up. investing bitcoin in small amounts might be better this way, because if investing long term with small capital I think the income will not be big enough. but if it's ready with those rights then I think the biggest step is in him to determine the place.

[Jating]

option 1 :just hodl bitcoin before halving,a few days,then sell it, u will get a profit.
option 2 :just hold bitcoin for long time after halving,u will get more profit.
that the simple option on my mind.

Yes, this is just the simplest strategy that you can find or use specially prior or after the halving.

You just have to invest on it, little by little and let your wallet grow and then waited it out on what will be the sentiments of the market. But as we all know, we've been hearing a lot of positive things right after the halving so it make sense to just buy and HODL on it. By just holding, you are being smart, of course it takes lot of psychology behind it, but if you want to make it simple as it is, then you can used this strategy.

[Coyster]

There are two kinds on investor  short and long then there is a trader. As for me I am short ter investor and for a person like me halving is the right time to accumulate till end of April and then sell.

I can only understand your situation and what you feel towards this forthcoming bitcoin event, this is the first bitcoin halving I've experienced as a bitcoin trader/investor, and I've read so much positive information about it in the past and I know you have too, and that's the reason why you wish to accumulate bitcoins till that period and sell immediately afterwards.
I'll also buy bitcoins as I've been doing for sometime now, I'll closely be watching the period before and after the halving, this network can really be tricky, I would not do what I wouldn't ordinarily do, like buying "more than my pocket" and I wouldn't be selling immediately.

[vennali]

option 1 :just hodl bitcoin before halving,a few days,then sell it, u will get a profit.
option 2 :just hold bitcoin for long time after halving,u will get more profit.
that the simple option on my mind.

Yes, this is just the simplest strategy that you can find or use specially prior or after the halving.

You just have to invest on it, little by little and let your wallet grow and then waited it out on what will be the sentiments of the market. But as we all know, we've been hearing a lot of positive things right after the halving so it make sense to just buy and HODL on it. By just holding, you are being smart, of course it takes lot of psychology behind it, but if you want to make it simple as it is, then you can used this strategy.

I mean, thats the simplest strategy there is. Buy a stock and hold until it rises up. With the help of Options trading, you can safeguard the current pricing there is, if you like where BTC is, and fear that it might go down. You could buy puts and set a desired price and pay a negligible amount of trading fees for a long or short duration. If it does go down, you get a chance to sell at the price youve set and if not, all youve lose it a negligible fraction of funds, just like an insurance. Other is Selling call options, Selling call options can enhance your earnings and mitigate against losses. When you sell a call option, you give the buyer the right to buy your crypto asset at the strike price on the expiry date. You will be paid an instant premium that’s yours to keep. For example: Sell a 1 ETH/USD call option with a strike price of $300 for 14 days. You will receive ~$3.00 from the Instant Premium up front and its yours to keep. If the price of ETH falls to $220, the Instant Premium would offset some of the loss. However, if the price of ETH rises to $300, the Instant Premium would boost your profit beyond $50. The key point is that the Instant Premium is yours to keep regardless. You can treat it as income or use it to buy protection for the portfolio. The next example will deal with protection. The final tip is to straddle. If you are happy with the way BTC is, and the market is volatile.. you want to maintain the price and earn if it does go up you can collar (Sell Call + Buy Put) for low cost hedging. The post is already pretty long, but all I'll say is in Collar/Straddle, you sell calls and with the premium earned you can finance your puts and be happy whichever way BTC goes. 

[BitHodler]

The post is already pretty long, but all I'll say is in Collar/Straddle, you sell calls and with the premium earned you can finance your puts and be happy whichever way BTC goes. 

I read the whole thread yet still find it hard to understand. I don't think there is much incentive for most people to look into options with how complicated they are, especially not with how little people know about the simplest form of trading.

I have seen a couple of options threads on this forum already and the general sentiment is that the people commenting just don't know what they are talking about. For their own wellbeing it's better that they do not look into options.

[royalfestus]

If we compare the market before halving in 2016, it still look similar to the present market. The FOMO is properly managed, I believe the control is for the best of the space , am beginning to trust the whales. Any bloated price can damage the process into the rally. The regular price trace back is enjoyable for me as I also check the fear and greed level of investors, every investors need loads of patience. It is possible this pump could hold the price above $9k throughout February.

[vennali]

The post is already pretty long, but all I'll say is in Collar/Straddle, you sell calls and with the premium earned you can finance your puts and be happy whichever way BTC goes. 

I read the whole thread yet still find it hard to understand. I don't think there is much incentive for most people to look into options with how complicated they are, especially not with how little people know about the simplest form of trading.

I have seen a couple of options threads on this forum already and the general sentiment is that the people commenting just don't know what they are talking about. For their own wellbeing it's better that they do not look into options.

Ill try to make it simple to you. Buying puts is like buying an insurance for a certain period of time. When you buy an insurance, you pay a small amount that is the insurance fee in advance and it covers your assets for any damages, or losses. Buying puts works the same way. You pay a small amount and a specific price so that, in an even in the near future..BTC market crashes hard.. you can claim insurance.which is the right to sell for the price you had set earlier. Basically, you earn more BTC..incase the price drops. You may ask, why not just Sell the BTC instead of buying puts and paying small trading fee? It gets a bit complicated here but in simple terms what you are trying to do is shorting BTC..which is dangerous for the market. The other scenario is when you are bullish. I'll write that in the future posts, just so I know people are following it and ask questions regarding the same, if there are any doubts. Options is a necessary tool for traders to have it in their grasp imho.

[Finestream]

How about we handle it our own, it's better not to trust anyone or a 3rd party, what's important is to educate ourselves and do the right thing going to the halving. Eventually if people think halving will be bullish, there will be a hype and that would give us an opportunity to accumulate now and then sell later at a possible good return in just a short period of time.

[imstillthebest]

How about we handle it our own, it's better not to trust anyone or a 3rd party, what's important is to educate ourselves and do the right thing going to the halving.

is that online wallets a kind of third party service  ? but of course we only chose the wallet that has a proof of thier legitimacy   . same as on this halving , if there are service related to it why not trust a few that is proven to be legit  ? 

Eventually if people think halving will be bullish, there will be a hype and that would give us an opportunity to accumulate now and then sell later at a possible good return in just a short period of time.

the said hype are the ones that people also create  . its not just we think that halving can pump the price , but people are actually the one that does it . and  its now happening  , people now started buying and holding in preparation for the halving  . cant you see the price starts to increase now  ?

[ScamViruS]

There are two kinds on investor  short and long then there is a trader. As for me I am short ter investor and for a person like me halving is the right time to accumulate till end of April and then sell.

Each trader follows different upcoming news well. Because news based trades often give good profit. I'm a long term investor. So I don't worry too much about this. I think this halving will have a long term huge impact on Bitcoin prices. Your thoughts are good. Earn good profit by accumulating low prices and selling at higher prices. However, those who are in the long term they do not think much about these issues.

[FanEagle]

There are two kinds on investor  short and long then there is a trader. As for me I am short ter investor and for a person like me halving is the right time to accumulate till end of April and then sell.

Each trader follows different upcoming news well. Because news based trades often give good profit. I'm a long term investor. So I don't worry too much about this. I think this halving will have a long term huge impact on Bitcoin prices. Your thoughts are good. Earn good profit by accumulating low prices and selling at higher prices. However, those who are in the long term they do not think much about these issues.

Following any news is the basic start of making our own technical analysis which plays the most important role into our trading careers. There have been an major impact on the society only because of the news and we have to accept that the media has an major influence on the people and they can also manipulate the prices for coins.

There might even be some fake news trying to create FOMO but these news should least be trusted. Only news from official or trusted platforms can be relied upon. Also, as you said Long term holders might not need to worry about the halving but yet, halving might bring something exciting to the markets which might even affect the long term holders.

Price might quickly pump or dump and might remain constant after the halving takes place which might even give profit or loss to long term holders.

[mbakruroh]

Those decisions don't even need the halving to be considered. Read it, but it contained close to zero information that could possibly help any newbie or experienced trader in their trades. Not only that, you didn't even discuss on the basics of what

Yes, I agree with you, the writer try to invite people into his mindset by ignore all possibility about halving it self. He try to create negative sentiment and fear about halving, I must say if you pessimist just switch your crypto asset into currency and wait until halving arrive, his post is not helping at all.

[barbara44]

Bitcoin halving would never be a problem to all those who already have their roots strong into trading.
Yes, some new traders who might have joined the markets recently might find it difficult to spot the halving and also they might need to face loss just in order to gain some experience. Most of us already have been experienced halving in the past and hence that makes us prepare ourselves for the next halving which might occur soon.

This halving process can also give us major profits if we have the skills to convert the bad impacts of halving into profitable ones for our individual sake. Halving may bring bearish signs into the market which might also make the bear markets to arrive so hence we should manage our portfolio in such a way that even if the bear markets arrive, they bring profits for us.

[Hippocrypto]

Those decisions don't even need the halving to be considered. Read it, but it contained close to zero information that could possibly help any newbie or experienced trader in their trades. Not only that, you didn't even discuss on the basics of what

Yes, I agree with you, the writer try to invite people into his mindset by ignore all possibility about halving it self. He try to create negative sentiment and fear about halving, I must say if you pessimist just switch your crypto asset into currency and wait until halving arrive, his post is not helping at all.

As of now, we can't determine which cryptocurrency will be the best one to switch for. However, this person made that certain statement behind this due to an emotional affection. That came up to that idea about a speculations, because halving was really unpredictable while the right price hasn't arrived yet. Don't switch your asset while there's no proper awareness on the asset that you're going to invest with.

[vennali]

1. Turn your halvening bets into profit
2. Protect your crypto portfolio from potential halvening REKT
3. Think the halvening will be a non-event? Make your crypto assets work for you anyway.

So, to be short: "We don't care what you do as long as you use our platform and we get the fees".
I understand that you try to get people trade there, but you have to find some guys who can make proper speculation posts (like this example), most probably on shorter terms, but at least helping newbies try to understand what happens around them. You should have better luck on getting at least readers to that.

Nope, that isnt the idea. The idea is, nobody knows which way bitcoin is going to go post halving. It could be positive (it has to be) but there is a possibility of it going south(should never rule out the possibility, if you are an experienced trader). The idea of the post is to how do we get in control when Halving could be a turning point either way. It ends with the 3rd point, if you think it wont be turning point, you could try this to work for you utilizing Options trading.

Those decisions don't even need the halving to be considered. Read it, but it contained close to zero information that could possibly help any newbie or experienced trader in their trades. Not only that, you didn't even discuss on the basics of what Options are and what are the possible pros and cons in case of the development in what your 3 cases entails. Halving is discussed, sure, but it's quite irrelevant, since the core idea is still playing around with options.

I understand what you mean. We do have other posts about Options trading. I think in this post, the author is just suggesting possible plays you can make, depending on your position on halving. If you think BTC will be on a bull run? try 1st point and utilize Options trading to your advantage. If you think there's going to a potential bear market? try 2nd point. If you think Halving will be a non-event, try step 3 and utilize Options. This isn't a post with a mindset to tell its readers to do something, it was written with a mindset to help you in whatever choice you think is right, and make it more profitable.

[bitbunnny]

The strategy depends very much on type of investor, long term or short term.and also on risk apetite.
But no matter which type of investor you are don't expect too much of halving, you might get disappointed. In a way halving will influence the price but I don't expect some huge price rise or long term effect.

[vennali]

The strategy depends very much on type of investor, long term or short term.and also on risk apetite.
But no matter which type of investor you are don't expect too much of halving, you might get disappointed. In a way halving will influence the price but I don't expect some huge price rise or long term effect.

Your first like is what the article is about. Its upto you, which path you take. It also takes your 2nd sentence into consideration. If you dont think halving will have a huge impact, you can still make money out of it, to an extent.

[vennali]

Boosting your trades with crypto options
Options, being versatile tools, enable you to boost your trades in any market condition, whether you think the market is going up, down or sideways. Click on the headline to read more!  

[SquallLeonhart]

Are you prepared for the upcoming Bitcoin (BTC) halvening?

I believe nothing needs to be done for the reason of upcoming halving for my bitcoin stash, I mean I will just keep them like how I am doing for years. The bitcoin market is working for me to make the value of my bitcoin holding into multiple folds rather than I'm just looking for multiplying it in numbers and losing some percentage of them. Yes, when we are having a completely risk-free way, why should go for any other methods?

Options, being versatile tools, enable you to boost your trades in any market condition, whether you think the market is going up, down or sideways.

Options or leveraged trading is not a recommended way of boosting methods for your bitcoins due to its high risk involved. Please do not misguide new traders. Options trading nothing different from gambling. If you recommend gambling to boost bitcoins for the occasion of halving, I feel something is not good here.

[vennali]

Are you prepared for the upcoming Bitcoin (BTC) halvening?

I believe nothing needs to be done for the reason of upcoming halving for my bitcoin stash, I mean I will just keep them like how I am doing for years. The bitcoin market is working for me to make the value of my bitcoin holding into multiple folds rather than I'm just looking for multiplying it in numbers and losing some percentage of them. Yes, when we are having a completely risk-free way, why should go for any other methods?

Options, being versatile tools, enable you to boost your trades in any market condition, whether you think the market is going up, down or sideways.

Options or leveraged trading is not a recommended way of boosting methods for your bitcoins due to its high risk involved. Please do not misguide new traders. Options trading nothing different from gambling. If you recommend gambling to boost bitcoins for the occasion of halving, I feel something is not good here.

It depends how you utilize options trading. It is completely up to the trader. You could play it safe and sell calls at a distant price to earn instant premium. You could buy puts and a target price and pay negligible trading fees to use Options as an Insurance (which is a much better implementation than shorting). With the market being positive, you could buy long term calls and basically do what you intended to do anyway, HODL. If it does go up, you are boosting your profits. Of course it does come with risks, that is with any form of trading.

[puertorikosena]

I think the problem is not in the emotions anymore, the problem will be in the profit plan in the future.  Some people often have a trade habit without a plan, so that when the cows gradually disappear and the price goes down, they decide to sell.  This is one of the most misguided steps and from now on you need to set a clear profit-taking plan.  For example, you have 10 bitcoins.  so okey, you would set a goal that if bitcoin increased to $ 11k, you would sell 2 bitcoins;  If the price of bitcoin rises to $ 12k, you will sell 2 more bitcoins, etc.This is the best way for you to manage risks and profits, because when the price drops quickly, you still have profit.

Absolutely agree. Nothing will come of it if you wait for superprofits and hope that you exit the market at the best price. This never happens. As a rule, people lose their money due to greed. You need to have a clear plan and follow it, and not wait for superprofits.

[Distinctin]

I think the problem is not in the emotions anymore, the problem will be in the profit plan in the future.  Some people often have a trade habit without a plan, so that when the cows gradually disappear and the price goes down, they decide to sell.  This is one of the most misguided steps and from now on you need to set a clear profit-taking plan.  For example, you have 10 bitcoins.  so okey, you would set a goal that if bitcoin increased to $ 11k, you would sell 2 bitcoins;  If the price of bitcoin rises to $ 12k, you will sell 2 more bitcoins, etc.This is the best way for you to manage risks and profits, because when the price drops quickly, you still have profit.

Absolutely agree. Nothing will come of it if you wait for superprofits and hope that you exit the market at the best price. This never happens. As a rule, people lose their money due to greed. You need to have a clear plan and follow it, and not wait for superprofits.

But we can't deny also that more people become rich because of greed and equality.
If you are buying hundreds of Bitcoins today it doesn't mean that you are greedy enough in preparation for the upcoming halving. Yes, it might look like that but it is their way/strategy to generate more profits once the market is in the bullish. We can't hold them back and told them that is was a fool because just like them, we are also wanting to make money as well.

[fullhdpixel]

It depends how you utilize options trading. It is completely up to the trader. You could play it safe and sell calls at a distant price to earn instant premium. You could buy puts and a target price and pay negligible trading fees to use Options as an Insurance (which is a much better implementation than shorting). With the market being positive, you could buy long term calls and basically do what you intended to do anyway, HODL. If it does go up, you are boosting your profits. Of course it does come with risks, that is with any form of trading.

Always all the traders want to trade safe but we need to consider the possible outcome of our trading which means not touching leveraged trading must be the best option regardless of how much capital and how much risk you are able to take. Just due to the leverage trading and options way trading, I am also thinking trading is turning as gambling.

Spot trading must be the best one because we are able to hold without paying any fee for our holding. Moreover your capital will be living within your wallet and you never need to worry about exchange hacks and scams.

[wozzek23]

I think the problem is not in the emotions anymore, the problem will be in the profit plan in the future.  Some people often have a trade habit without a plan, so that when the cows gradually disappear and the price goes down, they decide to sell.  This is one of the most misguided steps and from now on you need to set a clear profit-taking plan.  For example, you have 10 bitcoins.  so okey, you would set a goal that if bitcoin increased to $ 11k, you would sell 2 bitcoins;  If the price of bitcoin rises to $ 12k, you will sell 2 more bitcoins, etc.This is the best way for you to manage risks and profits, because when the price drops quickly, you still have profit.

Absolutely agree. Nothing will come of it if you wait for superprofits and hope that you exit the market at the best price. This never happens. As a rule, people lose their money due to greed. You need to have a clear plan and follow it, and not wait for superprofits.

But we can't deny also that more people become rich because of greed and equality.
If you are buying hundreds of Bitcoins today it doesn't mean that you are greedy enough in preparation for the upcoming halving. Yes, it might look like that but it is their way/strategy to generate more profits once the market is in the bullish. We can't hold them back and told them that is was a fool because just like them, we are also wanting to make money as well.

That's why crypto investors are often said to be panic-sellers because we as investors have too big of expectations on the price of bitcoins. I mean, there is often a case where you ask crypto investors and they will say we only managed a 10% profit, while it's so easy to say for them in real world you would struggle to make a 5% return on investment.

This is where I feel that despite being the biggest investing opportunity the cryptos .. we as investors are still very immature in dealing with the small hiccups and sharp downfalls. I am not expecting halving to bring massive price swings but I at least expect the market price to go up only.

[Mahanton]

I think the problem is not in the emotions anymore, the problem will be in the profit plan in the future.  Some people often have a trade habit without a plan, so that when the cows gradually disappear and the price goes down, they decide to sell.  This is one of the most misguided steps and from now on you need to set a clear profit-taking plan.  For example, you have 10 bitcoins.  so okey, you would set a goal that if bitcoin increased to $ 11k, you would sell 2 bitcoins;  If the price of bitcoin rises to $ 12k, you will sell 2 more bitcoins, etc.This is the best way for you to manage risks and profits, because when the price drops quickly, you still have profit.

Absolutely agree. Nothing will come of it if you wait for superprofits and hope that you exit the market at the best price. This never happens. As a rule, people lose their money due to greed. You need to have a clear plan and follow it, and not wait for superprofits.

But we can't deny also that more people become rich because of greed and equality.
If you are buying hundreds of Bitcoins today it doesn't mean that you are greedy enough in preparation for the upcoming halving. Yes, it might look like that but it is their way/strategy to generate more profits once the market is in the bullish. We can't hold them back and told them that is was a fool because just like them, we are also wanting to make money as well.

That's why crypto investors are often said to be panic-sellers because we as investors have too big of expectations on the price of bitcoins. I mean, there is often a case where you ask crypto investors and they will say we only managed a 10% profit, while it's so easy to say for them in real world you would struggle to make a 5% return on investment.

This is where I feel that despite being the biggest investing opportunity the cryptos .. we as investors are still very immature in dealing with the small hiccups and sharp downfalls. I am not expecting halving to bring massive price swings but I at least expect the market price to go up only.

You cant blame people not to think like that yet we do able to experience those big gains back in previous years.
Back on topic talking about options where im not really that fan of it since from forex options. Huge price swings or high
volatility will surely kill you easily unless if said time limit wont really be that big or can really be adjusted.

[maydna]

I think the problem is not in the emotions anymore, the problem will be in the profit plan in the future.  Some people often have a trade habit without a plan, so that when the cows gradually disappear and the price goes down, they decide to sell.  This is one of the most misguided steps and from now on you need to set a clear profit-taking plan.  For example, you have 10 bitcoins.  so okey, you would set a goal that if bitcoin increased to $ 11k, you would sell 2 bitcoins;  If the price of bitcoin rises to $ 12k, you will sell 2 more bitcoins, etc.This is the best way for you to manage risks and profits, because when the price drops quickly, you still have profit.

Absolutely agree. Nothing will come of it if you wait for superprofits and hope that you exit the market at the best price. This never happens. As a rule, people lose their money due to greed. You need to have a clear plan and follow it, and not wait for superprofits.

If people become greed to expect a bigger profit, yes, they will lose the profit because they cannot use the time to take the profit. As long as we can sell at a price we want, and the price itself reaches the target price that we want, we can sell it for some amount while we will have another time to buy back the coin. I am sure that if we can use the right time that we can see, we will not lose the profit.

We need to have a target price to buy and sell by analyzing the market because if we don't have the target price, we will hard to get the profit because we will want to chase bigger profit.

[vennali]

~Snip~

You cant blame people not to think like that yet we do able to experience those big gains back in previous years.
Back on topic talking about options where im not really that fan of it since from forex options. Huge price swings or high
volatility will surely kill you easily unless if said time limit wont really be that big or can really be adjusted.

Well, There is Options trading for long duration. You could set the time period for up to 6 months. I think that's fair and long enough. Make Volatility your friend by straddling your positions. So, that even in the worst case scenario. You don't lose much and in the best case, you are into good profits. The best part about Options is that, You don’t need 1 BTC to buy a 1 BTC call. You just need to pay the premium. So, you are already limiting your losses in case things turn south.

[cryptofan101]

I bought a call for BTC halvening

[ufaiz50]

at first I thought you gave good information, but after I read your blog. it is more about promoting your system and using an exchange sparrow, moreover your system leads to investment with some of the access rights and payable that you are talking about. I think for traders who are still confused and investors who don't have much time, then using an investment like this is a good choice.

[vennali]

at first I thought you gave good information, but after I read your blog. it is more about promoting your system and using an exchange sparrow, moreover your system leads to investment with some of the access rights and payable that you are talking about. I think for traders who are still confused and investors who don't have much time, then using an investment like this is a good choice.

with some of the access rights and payable that you are talking about. -> those are options definitions. We are just trying to share more about options trading, the tips are not just specific for our exchange per se, but it could be applicable to any other options trading platform.

[el kaka22]

The "smartest" thing you can do is to keep your money in bitcoin and putting it in a safe place and nowhere else. I do not understand people who are trying to make the most profit out of their money and go out of their way to do something risky when they are trying to do that. If you try to force your hand too much and go all out to make as much profit as you can with the amount of money you have, you will definitely lose more than you anticipated as well, which is a risk you really do not have to take just for bigger profits.

Bitcoin already gives people insane amount of profit compared to other stuff, last year we went up %100 in one year and this year we are already at above 20% in profit as well which I assume will probably end with another %100, why do you feel the need to make even more profit?

[cryptofan101]

And now, we already have the price halvening before the real halvening 

[gettingrektallthetime]

less than 50 days for the halvening, right now im still confused on the direction btc will take, especially with the current economy situation

[cryptofan101]

what are your plans for bitcoin halvening? what if its priced it :/

[vennali]

what are your plans for bitcoin halvening? what if its priced it :/

Well, I have long term buy calls and I straddle weekly depending on what the BTC movement is like.

6 days and 6 hrs to go! The article is still worth looking into if you are trying to get into Options. 

[vennali]

Feeling bullish? Buy a Call option.

[drlukacs]

I do not agree with opinion number 3. we should clearly consider it as an important event because it determines the psychology and buying / selling action of traders in the near future. As the halving day approaches, the psychology of traders will be further affected and we need to study that to make trading decisions. avoiding important events will only make us turn trading into a gambling game.

[so98nn]

I do not agree with opinion number 3. we should clearly consider it as an important event because it determines the psychology and buying / selling action of traders in the near future. As the halving day approaches, the psychology of traders will be further affected and we need to study that to make trading decisions. avoiding important events will only make us turn trading into a gambling game.

Yeah, many people are ignoring this but its a unique event that occurs every 4 years which means you have to wait foreseemingly long before you can buy at lower prices one more time. It is tendency of bitcoin to fall in value before and after the halving for short period of time. I believe the period of "before"has already passed since we are just few days shorter from the next halving. Those who already bought it last couple of weeks ago are already enjoying their profits in the pockets. It wouldn't be long when they will double it sooner or later. I am pretty much sure history will repeat itself when it already did the same thing for the last two halvings. Its just gonna be more better than this time too. Profits baby!

[vennali]

Yeah, many people are ignoring this but its a unique event that occurs every 4 years which means you have to wait foreseemingly long before you can buy at lower prices one more time. It is tendency of bitcoin to fall in value before and after the halving for short period of time. I believe the period of "before"has already passed since we are just few days shorter from the next halving. Those who already bought it last couple of weeks ago are already enjoying their profits in the pockets. It wouldn't be long when they will double it sooner or later. I am pretty much sure history will repeat itself when it already did the same thing for the last two halvings. Its just gonna be more better than this time too. Profits baby!

In case you are wondering how BTC price actually transpired around halving.

The problem is, you never know when the price would actually go down and when do you get the best value out of it while buying or selling. You see that there's a trend but always the uncertainty of when the trend starts. Also, like you said, those who bought BTC few weeks ago are enjoying profits. Now Imagine if they would have bought calls for BTC instead of just HODLing? They would have amplified the profits to a much larger one. Its because of the uncertainty, that it is a bit risky and people should straddle.

[LUCKMCFLY]

The blog you placed has a lot of emphasis towards the site, I think that the best strategy for now for the Halving of Bitcoin is simple, buy Bitcoin what you can and hodl. If the price goes up you win, if it goes down it does not matter, you have your bitcoin there, I know that it will increase at some point and if the price is maintained it is not bad.

Reviewing the history in the previous Halving, the probability of a price increase is high, it may repeat itself despite the fact that the market is very volatile and unpredictable.

[vennali]

The blog you placed has a lot of emphasis towards the site, I think that the best strategy for now for the Halving of Bitcoin is simple, buy Bitcoin what you can and hodl. If the price goes up you win, if it goes down it does not matter, you have your bitcoin there, I know that it will increase at some point and if the price is maintained it is not bad.

Reviewing the history in the previous Halving, the probability of a price increase is high, it may repeat itself despite the fact that the market is very volatile and unpredictable.

The point of Options trading is to either enhance your trades or to secure your crypto from potential swings. Like the halving event. I'm sure most of the people were bullish. Imagine just a week or two ago you have bought calls. I'm sure you would have had over 300% returns instead of maybe 20-30%? I think its a lot risky and not advisable to just go all in on 1 trade. That is where you straddle. Insure your bitcoins in case of a downfall and with the premium you are given to keep for free, you buy calls and enhance your trades. There are a lot of other ways of utilizing Options but these are the basic ways and I'm sure it can be very useful to a lot of people.

[beerlover]

There is no "smart" way to bet on halving. Not with options, not with anything, because halving is a very dangerous thing right now, we do not know if it will cause a skyrocketing price that will peak at 20k, we also do not know if it will be a disappointment that will result with prices going down.

You could think you know what is about to happen, you may think that you figured out everything but at the same time we are not really doing anything that is substantial that will figure out what will happen, we are just looking at some charts and some indicators and so forth to see what is going on and that's it. Long story short we should definitely be careful and not go with options or betting, we should basically just buy bitcoin or sell bitcoin at maximum and nothing else.

[vennali]

Well, most of us were at least expecting BTC to go up during and after halving. There has always been a bump here and there but thats how it has always panned out. With that info, imagine you had bought some calls when BTC was at 6k? or even 7k?

[rexxarofmoknathal]

Well, most of us were at least expecting BTC to go up during and after halving. There has always been a bump here and there but thats how it has always panned out. With that info, imagine you had bought some calls when BTC was at 6k? or even 7k?

To be honest, it doesn't seem at all impossible that people who have been around crypto for years didn't know that this was coming. By this I mean how the market drops before and during halving and how from the past has recovered. With that in mind it wold have been easy for traders alike to invest by buying at the dumps and. selling at the highs which are yet still to come.

[ethereumhunter]

Well, most of us were at least expecting BTC to go up during and after halving. There has always been a bump here and there but thats how it has always panned out. With that info, imagine you had bought some calls when BTC was at 6k? or even 7k?

I guess he will make a big profit if he sells it right now because, with the gap in the price at let's say $2,500, he books a good profit which he cannot always get. But the problem that profit will be at the people who already bought 1 bitcoin so they can feel that big profit. The other people who bought bitcoin at a  fraction can still enjoy their profit but not as much as people who have big money to buy bitcoin before. What I am worried now is bitcoin price will have another correction which we don't know how deep the price will go down.

[iv4n]

Well, most of us were at least expecting BTC to go up during and after halving. There has always been a bump here and there but thats how it has always panned out. With that info, imagine you had bought some calls when BTC was at 6k? or even 7k?

Most of us expect that, at least us who were here before! We have the same situation now, and surprisingly price is holding good after halving, I expected to see some drop… maybe we need to wait to see that drop!
I don't have to imagine buying at low prices, I bought and sell many times since that time! Many of us are in for a long time, and this halving is just an event, but real changes will come after some time, and we are aware that we need to wait that. In the meantime the price will go up and down, and make some silly moves, but most of us knows that next year will be one of the best years for crypto!

[carter34]

I still believe this that now is a good time for bitcoin investment. As price was low around $6k, it was to the benefit of risk takers. Now is still worth it.

Well, most of us were at least expecting BTC to go up during and after halving. There has always been a bump here and there but thats how it has always panned out. With that info, imagine you had bought some calls when BTC was at 6k? or even 7k?

I guess he will make a big profit if he sells it right now because, with the gap in the price at let's say $2,500, he books a good profit which he cannot always get. But the problem that profit will be at the people who already bought 1 bitcoin so they can feel that big profit. The other people who bought bitcoin at a  fraction can still enjoy their profit but not as much as people who have big money to buy bitcoin before. What I am worried now is bitcoin price will have another correction which we don't know how deep the price will go down.

Well no matter the price or fraction you buy, the profit and loss will be same as what is invested. So buying one bitcoin or fraction has it advantage and disadvantages too.

[vennali]

I still believe this that now is a good time for bitcoin investment. As price was low around $6k, it was to the benefit of risk takers. Now is still worth it.

Well, most of us were at least expecting BTC to go up during and after halving. There has always been a bump here and there but thats how it has always panned out. With that info, imagine you had bought some calls when BTC was at 6k? or even 7k?

I guess he will make a big profit if he sells it right now because, with the gap in the price at let's say $2,500, he books a good profit which he cannot always get. But the problem that profit will be at the people who already bought 1 bitcoin so they can feel that big profit. The other people who bought bitcoin at a  fraction can still enjoy their profit but not as much as people who have big money to buy bitcoin before. What I am worried now is bitcoin price will have another correction which we don't know how deep the price will go down.

Well no matter the price or fraction you buy, the profit and loss will be same as what is invested. So buying one bitcoin or fraction has it advantage and disadvantages too.

If you think BTC will go up, maybe try Options trading to enhance your profits. Sparrow now has a mobile friendly version too. So, trading has gotten even simpler.

Check out these option picks for the week via our iOS mobile-optimized interface!

Buy options
- 10x your returns with BTC 9750 P if BTC < 6449.3 on Settlement Date
- 10x your returns with BTC 10000 C if BTC > 13205.2 on Settlement Date

Sell options
- Get 230.14% APR in premium if you sell a BTC 9750 P
- Get 224.48% APR in premium if you sell a BTC 10000 C