schuriken (OP)
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March 01, 2020, 04:29:52 AM |
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Somewhere around 2021 to 2022 but the price will experience a boost in speculation before halvening. This virus may have messed up that idea slightly but the effect is still there underneath in helping sentiment slightly, its just not going to boom with such a weight of news on top of it. If you are talking long term then you not so much a trader type speculator but the type who measures ingredients, makes a cake and is willing to wait for it to bake which is good because the biggest gains come this way. BTC especially is extremely hard to judge in its volatility and in any case the trends over time are more certain and more easily observed by the lay person. after halving btc price will go up I like that you say after because the price I expect to be highest for 2020 in the first half and second half it will digest any gains, the news and protocol changes. It all plays a part in future growth and block changes to the reward for mining is not immediate in altering the markets but the longer the distance from the change event the greater the difference in available BTC from that source is. So I expect to see a larger move after more then 6 months then in this year itself, good things come to those who wait. If people expect too much then I think the market as the beast bull or bear tries to make them jump, possibly even sell. The reason selling is important is it is a large source of BTC to the market, when its wrung dry and that source is greatly reduced and demand is continuing and good then the market mood will change again. https://www.youtube.com/watch?v=Bkwy0scRXBUi am so agree with your opinion !
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schuriken (OP)
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March 01, 2020, 06:15:42 AM |
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I made this up myself:
Your rich next door neighbor owns a mansion. One day he dies - the mansion is still there, he could not take it with him.
all the thing u made up is meaning full like this or what?!
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LogitechMouse
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March 01, 2020, 10:54:10 AM |
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It depends on the set target selling price of the investor. There is a chance that when Bitcoin reaches near 20k, most of the investors and whales will sell their Bitcoin that they are holding. On the other hand, if it reaches near 20k, there is also a chance that it will push more and will rise more than 20k. Nobody knows what can happen to Bitcoin after halving but many are expecting that it will rise after halving.
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Meowth05
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March 01, 2020, 03:20:41 PM |
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most people believe that after halving btc price will go up to near 20k but most important question is WHEN and whats that road looks like. imagine after btc go to 16k or 17k so many people will sell btc in that price so price will dump unless Whales of btc push buy in markets . in the other hand we have so many good fundamental for growing btc price and developing blockchains all around the world. the main question also remains that which price is best to sell btc after halving!
Frankly, I have no idea when to sell my holdings but as long as we are in the bearish trend I won't make any move. Everybody expects that Bitcoin will skyrocket after halving event this year because they reasoned out that it will be the same just like the past Bitcoin halving. Anyway, as I've said I had no idea when to sell, perhaps I will do it if I saw that my holding will earn such a reasonable profit. One thing I also anticipated that as Bitcoin hits 16k to 17k worth of BTC it will create a FOMO so everyone will sell their assets.
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STT
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March 01, 2020, 03:24:35 PM |
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Even when it gets to 20k I dont think it'll be most and it doesn't have to be to tip the price, we only need to see the balance change so that sellers outweigh buyers and obviously as the price goes higher the possibility that people stop buying or reduce greatly does occur hence its more like a see-saw then a weighing scales and we can shift about quite dramatically. The only real thing to count is population of users for BTC rising then between them the differences are much smaller, only 0.01 in a wallet when its many millions begins to have great effect. 0.01 when I first used BTC was thrown away almost like copper change.
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eaLiTy
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March 01, 2020, 03:41:24 PM |
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the main question also remains that which price is best to sell btc after halving! Only you can answer this clearly, it depends upon a variety of factors that include you initial investment, how long you are planning to hold the coin and the most important fact is the market situation and the financial situation. To expect the market to soar after halving is just not ludicrous considering the past rallies we had after halving, this time around i am not expecting a huge rally like we used to see in the past but we will have a much better valuation around the all time high valuation.
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livingfree
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March 01, 2020, 03:54:28 PM |
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The answer depends how much you bought the coins that you are holding right now. If you have bought during the 2018's bottom, you can sell anytime that you want but many will rise their brows to you and will think that you're not doing the right thing.
As you have said, many will start selling if bitcoin once again reaches $15k-$20k and I think that would be an ideal price if you're longing to get a profit within the short term. But as for the people who have been believing that bitcoin is here to stay, you can aim higher than that.
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Free1bitco.in
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March 01, 2020, 05:37:07 PM |
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we all target the highest price after halving. if you feel you have benefited, you can sell it. maybe a suitable price is a range of $ 15k more. however, it all depends on the beginning you buy bitcoin or when you have it. Well, I suggest selling above $ 15k.
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schuriken (OP)
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March 01, 2020, 07:25:54 PM |
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It depends on the set target selling price of the investor. There is a chance that when Bitcoin reaches near 20k, most of the investors and whales will sell their Bitcoin that they are holding. On the other hand, if it reaches near 20k, there is also a chance that it will push more and will rise more than 20k. Nobody knows what can happen to Bitcoin after halving but many are expecting that it will rise after halving. exactly, i believe also after halving we expect that price go top and i also think we going to see a lot of shadows in chart after bitcoin price get near 17000-20000 .it depends on how much world going to push and buy and hold bitcoin to rise the price, i think pick a specific target for sell is the best option, i mean pick a target and be clear with that is good!
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schuriken (OP)
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March 01, 2020, 07:32:13 PM |
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Frankly, I have no idea when to sell my holdings but as long as we are in the bearish trend I won't make any move. Everybody expects that Bitcoin will skyrocket after halving event this year because they reasoned out that it will be the same just like the past Bitcoin halving. Anyway, as I've said I had no idea when to sell, perhaps I will do it if I saw that my holding will earn such a reasonable profit. One thing I also anticipated that as Bitcoin hits 16k to 17k worth of BTC it will create a FOMO so everyone will sell their assets.
i get your point about fomo and i also believe that will happens also in 17k price.there is a nice point u talking about and its > reasonable profit , i personally believe that depends on each person view and the price of buy . thats can be a good major to have a plan for selling assets.
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schuriken (OP)
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March 01, 2020, 07:40:10 PM |
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Even when it gets to 20k I dont think it'll be most and it doesn't have to be to tip the price, we only need to see the balance change so that sellers outweigh buyers and obviously as the price goes higher the possibility that people stop buying or reduce greatly does occur hence its more like a see-saw then a weighing scales and we can shift about quite dramatically. The only real thing to count is population of users for BTC rising then between them the differences are much smaller, only 0.01 in a wallet when its many millions begins to have great effect. 0.01 when I first used BTC was thrown away almost like copper change.
yes,i remember one of my friends used 3 bitcoin to just buy a digital book in internet, just compare now from 2 years ago u will see so many people now know bitcoin and blockchain technology so i think in time we go forward thats going to help a lot for bitcoin price to grow.
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schuriken (OP)
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March 01, 2020, 11:15:52 PM |
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we all target the highest price after halving. if you feel you have benefited, you can sell it. maybe a suitable price is a range of $ 15k more. however, it all depends on the beginning you buy bitcoin or when you have it. Well, I suggest selling above $ 15k.
that depends on your definition on benefit . i personally think bitcoin can provide 100-200k benefit in 2 years maybe and i will not sell it until i gain a good profit from it.waiting in crypto market is so important i believe
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exstasie
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March 01, 2020, 11:24:30 PM |
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most people believe that after halving btc price will go up to near 20k but most important question is WHEN and whats that road looks like. imagine after btc go to 16k or 17k so many people will sell btc in that price so price will dump unless Whales of btc push buy in markets . in the other hand we have so many good fundamental for growing btc price and developing blockchains all around the world. the main question also remains that which price is best to sell btc after halving!
Assuming the market is rising, it makes sense to sell BTC before the halving. The market will be anticipating a "buy the rumor sell the news" situation, so like the 2016 halving (or Litecoin's recent halving) it will dump beforehand. This is probably a good guess:
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bL4nkcode
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March 01, 2020, 11:28:17 PM |
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but most important question is WHEN and whats that road looks like.
Simply put it on your mind that you're in profit, whether you didnt sell on the ATH as long as you profit and benefits a lots more than a 100% then its still a good move. Those ideas getting stock for waiting to get much better profit ends up holding again, probably they just missed the price into ATH or the price is already dumping so they need to hold again.
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Viscore
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March 01, 2020, 11:52:24 PM |
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The question is quite confusing, the thing is, we don't sell at a certain period, we sell looking at the price if that already hits our target, so we should be more focusing on that. After the halving, there is no guarantee that the price will rise but of course we are hoping there's a rise but talking about long term investment, that still requires some specific target like x10 or x100 growth of your investment.
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thisnewcoin
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March 02, 2020, 10:52:15 AM |
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Don't just hold your bitcoin rather do play buy and sell the game! It means when you see Bitcoin price gained enough, sell them, as Bitcoin is volatile, so, you can be the sure price will come to down again, so, buy at low! No one is sure what exact price will come to Bitcoin after the halving, so better you pick a selling price on your own. Personally, I will sell at 14-15K USD, or even lower!
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Latviand
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March 02, 2020, 11:54:57 AM Merited by TimeTeller (1) |
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There's no such thing as right point to sell your Bitcoin because it only depends on the investors's mindset and satisfaction. If the investor feels selling at this point, he is free to do so, because that is his money. If he decided not to riak, then that is just fine. Let us cut the idea that people should always wait for the right time, because there is no right time. It is just those who would be patient has the higher tendency to earn bigger profit but that would cost time ofcourse and some people cannot afford lending such period in order to earn profit.
Also, there is no hundred percent assurance that the market price would immediately go upward after the halving because it would still depend on the market situation whether to behave upward or not. Those expectations that the price will reach twice its all time high before are just mere opinion, and the bottomline is the lack of certainty.
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bitbunnny
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March 02, 2020, 01:42:01 PM |
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There is no answer to that, it depends on personal judgement of every user itself. It depends how much you invested, what are your goals and.plans, how much did you earn, how much did you lose etc. Anyway, no.one can't decide instead of you when and if at all to sell your coins. Also, at this moment is still very hard to say what exactly halving brings us and how the price will move after that. The best thing is to watch the market and then make decision accordingly.
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Febo
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March 02, 2020, 02:45:37 PM |
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Sell price should be over $100k and not before end of 2021 or as it all looks like in 2022 or even a year latter. Price of Bitcoin will not go over $20000 in 2020.
100k!!!whats your reason and view for that price?and i think after halving we going to have a big dump for btc! My reasoning is just previous prices. So repeat of what already happened in past. Halving is only few months from now. There is no reason why not to see huge Bitcoin price depreciation. We could also have recession soon after. But that dont change that 2023 is two years away.
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Pamadar
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March 02, 2020, 02:58:53 PM |
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the main question also remains that which price is best to sell btc after halving! Only you can answer this clearly, it depends upon a variety of factors that include you initial investment, how long you are planning to hold the coin and the most important fact is the market situation and the financial situation. To expect the market to soar after halving is just not ludicrous considering the past rallies we had after halving, this time around i am not expecting a huge rally like we used to see in the past but we will have a much better valuation around the all time high valuation. Most of us agree that everything will be depends from each factors that influenced your holdings, it's you who can drive your profitable investment to its maximum capabilities, as long as you have the right pattern to follow and you set up plans in order to make things profitable to your investment, the right time will depends from how your perceptions and outlook be like after the halving take place.
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