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

[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!