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Author Topic: What are your big plans for the Bitcoin halving coming up in a few months?  (Read 401 times)
mirakal
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November 25, 2023, 08:53:48 PM
 #21

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
Well, that could also be possible with altcoins as there are really some potential altcoins who can ride with the bullish price of bitcoin. But as a piece of advice, never give your 100% trust on that because majority of altcoins still follow their pump and dump scheme. It's better to focus more on bitcoin and do DCA as much as you can because you can never be wrong with bitcoin as long as you stay investing on the amount you can afford to lose and you're willing to hold it when the price suddenly experience a decline.

However, DCAing with altcoins and bitcoin is certainly a great idea as well. But with limited amount of funds, I'd say stick to bitcoin.

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November 25, 2023, 09:42:37 PM
 #22

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
One of the things I do is to strengthen my heart to continue holding, and increase my Bitcoin accumulation as much as I can afford. Of course, we are all looking forward to the halving and also the bullish era that has been eagerly awaited for many years. However, without thorough preparation for various things, this might be a little difficult. Therefore, just focus on holding, whatever FUD may happen in the future, at least we keep trying and believe in our targets. Keep monitoring the market and don't get carried away by panic because of something that influences the market.

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November 25, 2023, 09:46:46 PM
 #23

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
DCA is my simple strategy and I’ve been doing this since the bear market. I made some profit already considering the value of the market today but this is not my target yet and I’m very optimistic about the future of the market especially after the Bitcoin halving event, just like in the past I’m sure this can be big. Doing your best action now is advisable, don’t listed to fud and stay focus, bull will be more big this time.
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November 25, 2023, 09:51:30 PM
 #24

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
A few weeks ago I planned to only go for BTC but after watching the potential of ALTs I am convinced by them and now I plan to invest in ALTs too but there are a number of ALTs in the market and it is very hard for me to chose any of them. So, I am approaching different channels, groups, and YT channels to gain more knowledge about ALTs, and even start learning to trade. Which I had not learnt before while investing in BTC because at that time I knew investing in BT for the long term does not need a high level of knowledge about TA and FA.

So, I simply followed the FA I made due to my presence on the internet and started investing in it. But now for trading in ALTs, I have to do TA also, I realize you were not talking about trading in ALTs instead you were talking about holding in ALTs.

But till now from what I have learned never hold ALTs, always set your targets and when you achieve your target exit the market with the capital you have invested you might book some profit too but exiting from the market will save your investment money and make you risk-free.

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November 25, 2023, 09:55:00 PM
 #25

The halving could also lead to a surge in interest in altcoins.
If you have the appropriate altcoin that will rise during the halving season, there will be a lot of interest. Currently, dozens of altcoins exist in the cryptosphere, and there's always a chance that many of them won't generate rewards for their investors. 

Therefore, don't hold out much expectation for the interest that altcoins would generate for you during the halving, as they might be disappointing. But bitcoin won't act in such a manner, whether it is halving or not. 

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November 25, 2023, 11:54:27 PM
 #26

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
A few weeks ago I planned to only go for BTC but after watching the potential of ALTs I am convinced by them and now I plan to invest in ALTs too but there are a number of ALTs in the market and it is very hard for me to chose any of them. So, I am approaching different channels, groups, and YT channels to gain more knowledge about ALTs, and even start learning to trade. Which I had not learnt before while investing in BTC because at that time I knew investing in BT for the long term does not need a high level of knowledge about TA and FA.

So, I simply followed the FA I made due to my presence on the internet and started investing in it. But now for trading in ALTs, I have to do TA also, I realize you were not talking about trading in ALTs instead you were talking about holding in ALTs.

But till now from what I have learned never hold ALTs, always set your targets and when you achieve your target exit the market with the capital you have invested you might book some profit too but exiting from the market will save your investment money and make you risk-free.

If you are exploring your opportunities with alts, better look at top 20 at least. Then, weigh your options on this market.
Because as you learn more about alts, and their strong points, you will understand their potential in the upcoming months.
And do remember, knowledge in TAs are great but most of the time, it won't have influence in the market performance of alts.
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November 26, 2023, 05:15:03 AM
 #27

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
In my case there is no need for any fancy plans, whatever I needed to be done has been done already, so the only thing that remains is to keep buying bitcoin periodically and let the bull market to finally appear.

More than anything I am also checking that my coins are secure and that I have not made any mistake along the way, as losing our coins now just when the bull market is around the corner would be a blow that most people will be unable to endure.
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November 26, 2023, 08:57:56 AM
 #28

In prior bull markets (2017/'21), I missed out on gains due to not converting paper profits into real profits, so my only plan this time around is to sell coins. I understand you can't know what's the top so I'm looking to dca-out certain percent out of my holding each time I feel like it's good price to sell.

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November 26, 2023, 01:24:59 PM
 #29

No specific plans for the halving I think but yeah just when it's about to happen, the price hikes and it may not be when it happens but a few days or weeks before due to the anticipation. I might short some BTC probably a couple of weeks before the halving and sell later depending on how the market performs.

Years ago halving used to be a massive event but I feel that with time, it's not really that big of an event because people anticipate and buy months before it happens like we are discussing it now while halving is not even close to happening.
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November 26, 2023, 02:01:02 PM
 #30

In prior bull markets (2017/'21), I missed out on gains due to not converting paper profits into real profits, so my only plan this time around is to sell coins. I understand you can't know what's the top so I'm looking to dca-out certain percent out of my holding each time I feel like it's good price to sell.
So during the bullish period (2017/2021) you didn't sell your holdings at that time even though you made a big profit? Maybe you were too greedy where the price will continue to rise instead of falling and the market enters bearish then many coins are stuck even more likely to continue to fall.

But now we are a little easy to shoot what will happen to bitcoin after halving, maybe we will know how bullish it was in 2017/2021, it is likely that the price of bitcoin can be bullish again in 2025, this is just looking in terms of the previous cycle.

So what you break up when you see a good price and then sell is actually not a problem because it will still be profitable, but it would be nice to keep holding in a few years but only for bitcoin.

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November 26, 2023, 02:12:11 PM
 #31

DCA is my simple strategy and I’ve been doing this since the bear market. I made some profit already considering the value of the market today but this is not my target yet and I’m very optimistic about the future of the market especially after the Bitcoin halving event, just like in the past I’m sure this can be big. Doing your best action now is advisable, don’t listed to fud and stay focus, bull will be more big this time.
DCA is for investment and with DCA, you can do it in bear and bull market. It is not only restricted to applicable in bear market if you understand DCA correctly.

It will depend on your investment plan and your understanding about Bitcoin market cycle. When you are unsure the market will hit it all time high and start a bear market shortly after that, you will have to stop DCA in a bull run and consider to hold your bitcoin, consider to take profit with it.

In a bear market, it is not smart to DCA when it just starts because to hit bottom price range, it will take like one year and a little bit longer. You can DCA about one year after a bear market start to maximize bitcoin you can buy with same capital for DCA.

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November 26, 2023, 03:13:01 PM
 #32

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
Same with others to accumulate as much as Bitcoin or any altcoin we like but prefer most the Bitcoin. Nothing unusual as I still use the same strategy that I've used before and continue to hold until it reaches my goal price. This would really be the plan of others too, to continue to accumulate Bitcoin and hold as much as they could to maximize profit. Though I am planning to buy some top altcoins but I will only do so when I have spare money to spend on after buying some Bitcoin.
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November 26, 2023, 04:25:50 PM
 #33

The halving could also lead to a surge in interest in altcoins.
It can, but I can't tell which altcoin, so I'll play it safe with Bitcoin. As attractive as altcoins can be to gamble on considering how cheap many of them are, thy have a higher failure rate than success, making them a huge risk.

My plan for the halving is to accumulate more Bitcoin, ride the waves of the bullrun and hopefully cone oug the other side with more bitcoins than I started with.
I feel like altcoins is just the more volatile version of BTC. For example, if the price of BTC goes down by 1% these altcoins will go down by 10% and similarly when the price for BTC pumps up, all the altcoins will surge up as well. That's mainly due to the low market cap and I would strongly advise against new coins because there are so many shit coins nowadays. Perhaps something within the top 200 CMC is a decent idea.

Looking for a big profit - trade alts. Looking for solid but slow profits - trade BTC.

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November 26, 2023, 04:29:53 PM
 #34

I feel like altcoins is just the more volatile version of BTC.
There are far too many differences between altcoins and bitcoins to term them volatile versions of Bitcoin.

• Bitcoin is secure, majority of alts are built on insecure algorithms.
• Bitcoin is decentralized, majority of alts are centralized.
• Bitcoin has a use case, majority of alts do not.

Volatility is just a factor of the difference.

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November 26, 2023, 04:40:42 PM
 #35

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
Same with others to accumulate as much as Bitcoin or any altcoin we like but prefer most the Bitcoin. Nothing unusual as I still use the same strategy that I've used before and continue to hold until it reaches my goal price. This would really be the plan of others too, to continue to accumulate Bitcoin and hold as much as they could to maximize profit. Though I am planning to buy some top altcoins but I will only do so when I have spare money to spend on after buying some Bitcoin.

Typically, Altcoin rise massively after Bitcoin reach its peak since Bitcoin investors will find new investment opportunities through altcoin but Bitcoin is still the best investment until halving is not done yet. Altcoin will always be outperformed by Bitcoin since traders is more focus on Bitcoin halving and just toss a portion of their investment on altcoins until the new ATH reach or halving is done.

Purchasing altcoin now is dangerous and useless at the same time because it will just copy Bitcoin movement while it’s correction is so brutal as always.

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November 26, 2023, 05:46:06 PM
 #36


Typically, Altcoin rise massively after Bitcoin reach its peak since Bitcoin investors will find new investment opportunities through altcoin but Bitcoin is still the best investment until halving is not done yet. Altcoin will always be outperformed by Bitcoin since traders is more focus on Bitcoin halving and just toss a portion of their investment on altcoins until the new ATH reach or halving is done.

Purchasing altcoin now is dangerous and useless at the same time because it will just copy Bitcoin movement while it’s correction is so brutal as always.

Altcoin in trading has its own place while we talk about the Bitcoin then it is still holding the significant place. We can't say that the coin will behave like weird after the bitcoin halving, even we see the market is also bullish now and we can expect good moves from the altcoins too. Recently we have seen that Bitcoin was almost up and the altcoins were moving at good condition. So, in the future we will also see Bitcoin at its highest trades and we will also see the altcoins on the same platform.

Like you say whenever the bitcoin got pumps it also gives some another altcoins a good pump like we see not only this time but it often do the same whenever the bitcoin prices rises in a condition.

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November 26, 2023, 09:54:35 PM
 #37

What are your plans for the upcoming halving?
I have no big plan in the upcoming halving. I just want to make it simple. I will just accumulate some Bitcoin everytime the price hit the support zone until halving. When halving occur, I will not buy Bitcoin immediately but to wait for a short term dump to occur before I going to buy because I believe that even though we can't see that the price of Bitcoin dump in it's halving history it's very possible to happen since smart money are aware of it.

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November 26, 2023, 09:58:56 PM
 #38

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
Maximizing my bitcoin portfolio through DCA. Bitcoin halving has become imminent and the best way I can achieve my goal with bitcoin is through doing DCA only. While DCA is not limited to bitcoin only, as you can also apply with some high potential altcoins, but if there's one thing I learned from my past investments, that is to focus on bitcoin only as reputable altcoins are only rare seen in the market now.

However, if you have been hodling already good altcoins in your portfolio, then that would be a lot better. Diversifying is good and productive as long as you end up with reputable altcoins in the market.

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November 26, 2023, 11:08:04 PM
 #39

I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?
Like other people, just focus on increasing our investment accumulation, as usual, keep holding without panicking when Bitcoin prices go up and down. In this case, the main focus is of course on Bitcoin alone as the main investment to prepare for the bullish era and the future. because we all already know how Bitcoin can make this happen.

On the other hand, if we hope to go into altcoins, make sure that we choose the right coin. This is not that easy because not all altcoins are able to survive or reach their highest prices again. Reflecting on the bullish era of last season, it seems, it would be much better if we were more careful. Top altcoins do not guarantee us big profits, but at least they are not as big as the risks of new altcoins. And not all top altcoins can survive in the future, because we make sure we choose those that are likely to have bigger chances than other altcoins. Ethereum is a prime candidate, and others, you can hold for yourself for analysis.

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November 26, 2023, 11:27:18 PM
 #40

If I can consistently DCA, I'll choose that no doubt.
But if some times that I can't do it, I'll just probably go over the lumpsum type of buying o whenever I can afford to. That's still a type of DCA because I'm buying at any time that I can avail to and there's no certain period or time limit that I can do it.


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