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

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[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.