My Preparations for BTC Halving and bull market

[bittraffic]

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.

[aoluain]

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.

Of course there is a chance of a drop - before or after the halving and actually the markets
usually take a drop after the halving but what follows is usually Bull Bull Bull!

In terms of "My Preparations..." I have been accumulating along with smaller amounts
of selling for different projects or collectibles. Anyone into Bitcoin for at least a reasonable
amount of time will be preparing for this event and a lot will be ready to take profits too.

[GbitG]

Investing into bitcoin is risk free, and gives the best profit.

Nothing is risk-free, especially when it comes to taking risks. In the crypto space, to stay profitable long-term, you need to understand risk management. In risk management, you have to know about many things to keep on your monitor, such as proper identification, analysis, and evaluation of the place where you have to go for investment. I mean, you have to keep an eye on the exchange where you made the investment. Sometimes there are no such regulatory protections as the registered security rule, which may increase your risk from a safety perspective.
So similarly, when you have to go for investment in Bitcoin, you definitely should monitor all the issues that are in your way from a technical analysis, fundamental analysis, and security perspective.

[Zigabel]

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

Talking about plans as it regards preparation for the bull market, one aught to be sure that your plans is also backed up with a sound strategy that is proven to be profitable enough to be added to your plans in preparations for the bull market. This strategy could include the incorporation of indicators, bots and other trading tools so as to get desired results from the strategy of choice to be used.

Furthermore you can go ahead to backtest your strategy on a the charts using any timeframe you find comfortable but I advise you use longer time frames to have clearer insight into how Bitcoin has played out over the time, I will quickly give a sneak peek into my strategy, I will first buy some unit of Bitcoin now then wait until the halving so as to get an idea what the next ATH will be then I will further add up some more units (not a financial advise ) then I hope to take my profit at the new ATH just before the dawn of a bear market again.

[bhadz]

That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

[Bazzu]

That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.

[bitzizzix]

That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

Of course everyone or investors will sell when the price reaches its highest point and make big profits, and as long as you do a good plan like DCA and also buy when the price goes down and sell when the price goes up. Both are the best choices for investing in Bitcoin, because Bitcoin is a promising long-term investment.
And waiting for the next halving is what everyone and investors are waiting for and they are competing to collect more Bitcoin, and my suggestion is that now is still the right time to make purchases and also the right time to increase purchases in the DCA strategy. And you can normalize your purchases when the price of Bitcoin starts to rise, and never panic or be afraid even though the decline continues because in the long term Bitcoin will rise again.

[laurenB7742]

There is still a chance of BTC dropping and most probably the whales are also waiting for it. The last attempt for the bears who are betting on the futures market that keeps dragging the price down.

Halving is coming that's right. It is however not trying to climb as expected and the price might likely go up after a few months of halving. It's too different from what it was in the previous bull market and the indicators are still pointing down.

Even if the halving takes place, the market will likely decline, don't be too subjective that the halving is approaching and the market will never decrease further.

People are quite naive to think that as the halving approaches, bitcoin will not decrease further due to increased demand. And we are forgetting one thing, in addition to demand, the market is being manipulated by other forces and they always make things go against what the crowd thinks. I still predict that the market still has many corrections and will not recover immediately even when the halving occurs.

[kotajikikox]

actually you are not preparing for Bull market instead what you did is doing a HODL
that's why you are prepared if ever there is a need for emergency expenses like
having spare funds to use for.
and also since you also have altcoins then you knew that diversification is the best way to perform for this kind of market.
but it is much better if you put those coins here in your post since you already have bitcoin mentioned , there will be no conflict for altcoin mentioning.

That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.

if you are into some kind  of market like crypto , never that you must use PANICKING because with that attitude , surely you will lose.
wrong decisioning will follow from that.

[Bitcoin_people]

Many studies have shown that Bitcoin will experience a bull market just a few months after its halving in 2024. also, many experts have researched that by 2024/25, the value of Bitcoin will increase rapidly and the market will again make new history. Where the price of Bitcoin reached its all-time high we saw in 2021. So we can expect the Bitcoin price to cross $100k by 2025. That's why my current plan is to buy and hold Bitcoin with whatever money I have and wait for a bull market. I will successfully invest bitcoins and HODL them for a long period of time so that I can make good profit from them. I will invest now and hold until the next bull market, my goal is to make a lot of money and profit from Bitcoin.

[Gallar]

~Cut

People start buying Bitcoin and cryptocurrencies when a bull market is underway and prices are already high. Some are even afraid of missing out and buy at the peak of the bull market. As a result most people also lose money in the bull season.

Basically, that's the problem. Because when the bitcoin market is bullish, it cannot be denied that there will always be people who experience losses. Because when the market is bullish, there we will all be competing and rushing to sell the bitcoin assets we own. Because if it is too late, the price of bitcoin will definitely decline again, because this is caused by many bitcoin investors selling their bitcoin assets.

Apart from that, when the bitcoin market is experiencing bullishness. At that time, the mentality of bitcoin investors will definitely be tested. Especially for bitcoin investors who no longer have bitcoin assets. It is certain that the hearts and minds of these people will be restless, because these people will be very tempted when they see the high increase in Bitcoin prices. Maybe some people who no longer have bitcoin assets will dare to buy bitcoin when market prices are bullish. And as a result, there are bound to be those who experience profits, and there are also those who experience losses. So in conclusion, don't waste time now. Because as long as the price of bitcoin is not too high, it's best to buy as much as possible.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

Fortunately, I personally have prepared a plan to welcome the bitcoin halving or bull market. By buying bitcoin last year. So now I just need to wait for the bitcoin halving and bull run market to arrive. So you could say I've calmed down now and would probably add more bitcoin, if I had cold hard cash.

[peter0425]

That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.

and with that, let us forget about the panic thing in crypto , because for
how many times from the beginning those who losses are the one who keeps using panic behavior .
and also everyone must learn how to use DCA in all chances.
lucky for me that I know how to keep holding and stay supporting while the market is falling  badly.

[Reatim]

As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

actually it is not few months away mate, because we are more than half year before halving so there are more than few months to wait.
but 2024 maybe and will not take 2025, because if this comes in April then we can expect the best result in December or in 4th quarter of 2024.
though I love your way of preparing , I think you can have it grow when the bull rund finally happen .

[pawanjain]

Pretty decent plan and I am sure you will make great returns if you will be able to hold for the next ATH price.
I have the same plan and I am just waiting for the bull cylce to go nuts and create a new ATH price.
I don't think it will happen soon. It might take more the end of next year to reach previous high levels again.
May be we can see the next ATH price in 2025.

[Crypt0Gore]

My best advice, in this red market, always have some spare money, some people have already run out of money, they have DCA all they could and they can't anymore, I think this is the different between someone who makes stable income every month compare to someone who make money from unstable sources.

If the projects you are betting your money on are solid you will become a winner, since I've been around crypto for years I don't feel panic like I used to, because I now understand the market better now compared to years before.

Whatever you are planning to do, make sure that before the halving is gone you always have enough money for DCA purposes, your reward will be better than those who DCA twice and waiting on the bull market.

Make sure you don't run out of money.

[dezoel]

Putting your coins in a cold storage is good idea. No matter what happens, do not be tempted to sell everything you have if you don't want to live with regrets in the future. You have started a great plan and I hope no matter how the market behaves, even if it move sideways and does take a long time before it recovers, just stick to your goal and continue DCA while opportunities are still knocking on your door. Bitcoin halving and bull run are fast approaching, soon you will come to reap everything what you have been investing.

Not only it can discourage us to sell because it's a bit hassle to transfer our coins or to make a transaction but it can also protect our wallets from malicious threats. I think only those who have tons of Bitcoin on them are doing this. This people have a spare fund outside that they can use on emergency situation so they will never sell their coins easily. For those who aren't like that, they can sell when they badly needed a money as they may lack money outside but they won't also regret it because they use the money on important things.

These people can't do a DCA but they will only buy once there is a money available. It's fine. At least they still try their best, than not investing at all. BTC halving is still far and as of now, there is no signs yet of a bull run. It's not a reason though to not get motivated.

[inthelongrun]

My best advice, in this red market, always have some spare money, some people have already run out of money, they have DCA all they could and they can't anymore, I think this is the different between someone who makes stable income every month compare to someone who make money from unstable sources.

If the projects you are betting your money on are solid you will become a winner, since I've been around crypto for years I don't feel panic like I used to, because I now understand the market better now compared to years before.

Whatever you are planning to do, make sure that before the halving is gone you always have enough money for DCA purposes, your reward will be better than those who DCA twice and waiting on the bull market.

Make sure you don't run out of money.

Yes, it is really better to just make a DCA rather than make a one-time investment. Because we cannot really predict the lowest price of bitcoin it is better to continue accumulating regularly. There are some investors that are buying bitcoin every time it drops big but then it is also 50/50 if it continues to go down or it will start moving upward again. I am doing a regular monthly DCA and I am not stopping until bitcoin surpasses $50k.

I also do not feel any panic this time. What a shame I was brought down by fear a few years ago even though I have seen it in the previous cycles. I guess it is a different learning when we experience it on our own.

[Negotiation]

That's the plan, we're going to sell whenever when we need it or when it was higher the all time high. And just keep thriving to follow DCA whenever you're able to. There's no need to panic if we're seeing the market crashing as that's very normal to see before something big happens.
The problem with some of the holders is that they are quick in panicking even if they have set a plan. So, that's the other plan and that's to be steadfast and hold on to what they have planned for like holding for long and never to panic.

I think it's a good idea to sell when the BTC price is high, and in my opinion you can also sell BTC using the DCA system, because in my experience the DCA system is really needed when selling BTC. but of course in this case everyone has their own way of selling BTC.


Yes, with panic, sometimes we always fail to achieve our goals.

Bitcoin should not be terrified in investing bitcoin is not a stable currency, its price increases for its price rise. There are many investors that they are low in the price, so the price is terrified and sells and are damaged. That is why bitcoin has to invest in investing and wait for the market to increase the price. Long term investment will give good return. Some prefer to be in BTC and others like to diversify their holding through altcoin. Waiting for your own goals is much less likely to fail.

[xSkylarx]

Pretty decent plan and I am sure you will make great returns if you will be able to hold for the next ATH price.
I have the same plan and I am just waiting for the bull cylce to go nuts and create a new ATH price.
I don't think it will happen soon. It might take more the end of next year to reach previous high levels again.
May be we can see the next ATH price in 2025.

Let's be more patient with what will be happening in the upcoming years. What is important is that we will continue accumulating bitcoin as long as we have an income. Just imagine that you are putting a penny in a piggy bank and let's just open it after a few years when needed or if it is already full.

We should also keep our expectations low as we don't know if it will again reach its ATH so we won't be expecting much and getting hurt later on. What is important is that we hold a bitcoin when it reaches its ATH and if not we still hold that bitcoin.

[sompitonov]

My best advice, in this red market, always have some spare money, some people have already run out of money, they have DCA all they could and they can't anymore, I think this is the different between someone who makes stable income every month compare to someone who make money from unstable sources.

If the projects you are betting your money on are solid you will become a winner, since I've been around crypto for years I don't feel panic like I used to, because I now understand the market better now compared to years before.

Whatever you are planning to do, make sure that before the halving is gone you always have enough money for DCA purposes, your reward will be better than those who DCA twice and waiting on the bull market.

Make sure you don't run out of money.

Yes, it is really better to just make a DCA rather than make a one-time investment. Because we cannot really predict the lowest price of bitcoin it is better to continue accumulating regularly. There are some investors that are buying bitcoin every time it drops big but then it is also 50/50 if it continues to go down or it will start moving upward again. I am doing a regular monthly DCA and I am not stopping until bitcoin surpasses $50k.

I also do not feel any panic this time. What a shame I was brought down by fear a few years ago even though I have seen it in the previous cycles. I guess it is a different learning when we experience it on our own.

I think most of the advice here is about smooth accumulation and partial sales after BTC halving on the next cycle. But following these great tips isn't so easy when it comes time to actually do it. Some will experience stupor, numbness and other psychological barriers in their head. Of course, for those who have experience in halving cycles, it will be easier to do everything as you advise. But not everyone succeeds even in this. I have already seen several BTC halving cycles, but I have not been able to make money on any of them, I hope this time I will succeed because I worked on improving my psychological state.