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Author Topic: What are we expecting between now and Bitcoin halving?  (Read 611 times)
taufik123
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December 20, 2023, 11:39:13 PM
 #41

It's a good decision to hold it until now and then when the price is really already Bullish.
You only need to determine at what price your sales target is, and don't force it if you can't afford to hold it longer.

But buying right now or when the price is bearish, and you've made a 26% profit is already a good portfolio.
It must continue to be developed by doing DCA using the spare money you have.

We will wait for the halving effect for the next 2 years 2024-2025.
I have a target for ATH $100k DWYOR.

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December 20, 2023, 11:58:57 PM
 #42

Do not expect that the price surge will appear continuously because that will never happen for a volatile coin like bitcoin. However, expect that there will be sudden price correction any time. It's better to prepare for it and become unbothered, than to resort into panic selling which will only result your investment into at loss.

Now if asked if you will continue to hold or take profits at some point, that depends on you. If you don't need your funds at the moment, then it's a wise idea to continue hodling until you will find good reason to sell and make decent profits.
Price spikes will not always appear, but at least the halving will provide an opportunity to increase the price of Bitcoin and provide many benefits for users of Bitcoin and other digital currencies. Meanwhile, when that happens, it is better to sell it when the price is high so that profits can be obtained. Never buy when the price is rising high because it will trap your assets at high prices because, as you said, the price movements of Bitcoin and other currencies can fall instantly.

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December 21, 2023, 12:14:30 AM
 #43

Your holdings is a very impressive one that I will love you to hold more till the market is really bullish, even though we smell some profit at the corner already it shouldn't be tempting enough to sell now because the halving is already near and selling now shouldn't be an option.

You have a 26% profit already and with an empathic understanding I feel the dilemma to sell and take some profit but in as much am not in your position I can't make a decision for you but if your feel selling is the best for you then you should sell but if you feel it's not the best then hold till the big bullish market. Reason for not making a particular suggestions for you is based on the fact you make decisions yourself so even if I give a particular suggestions you will still choose from you mind.

Afaik, we aren't in the position to tell what the market will do next year because nobody know the next move everything that you might even hear should be a probability not certain.

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December 21, 2023, 01:08:02 AM
 #44

26% in profit is very low. Decide for yourself, but I'm just putting myself on your shoes. That to me is nothing because the potential is way bigger than that. I'm even convinced that 100% growth is very possible less than a year from now.

The sentiment is generally bullish so I guess between now and the Bitcoin halving in April the price would slowly but surely climb higher. And it's not just the halving that is being influential right now. The Bitcoin spot ETF is actually a big factor.
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December 21, 2023, 03:16:21 AM
 #45

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
Congratulations on making a profit with your Bitcoin investment. I understand you might be anxious about price volatility leading up to and following the BTC halving, and there's the concern you might lose your current gains if the price drops. However, I have a small piece of advice for you: don't focus too much on the short term when investing in Bitcoin. The high-profit opportunities might take longer compared to Altcoins, so with a profit of only 26% that you've cashed in, it might not justify the time you've held your investment.

I believe it's not easy to buy Bitcoin at a low price anymore, maybe below $30,000 USD. So, if you have had a good position, it might be wise to hold onto it. Cashing out now could make you miss out on Bitcoin and force you to buy back at a higher price if, unfortunately, the price continues to rise without a significant correction to a lower level than your initial purchase.

Many see the potential for Bitcoin to increase in value over the next 1-2 years, but not many can hold long-term because they often get swayed by the media and the ups and downs of profits, which erode their initial determination. Optimizing each market wave is very challenging; one wrong move, and what was a profitable situation can turn into a loss.

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December 21, 2023, 03:37:41 AM
 #46

History shows that every bitcoin halving, the bitcoin price always rises high and always records a new ATH price.
whether 2024 when halving will happen the same thing, my prediction remains the same halving will make bitcoin record its latest ATH price

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December 21, 2023, 03:38:17 AM
 #47

I am just wondering what we are all expecting between now and the Bitcoin halving in April next year. Is it going to be a steady climb till then or is there usually a crash of some kind?
None. Don't expect too much.

What I mean is that, what you've seen that happen this year might happen as well in between today, and the day before the halving. Don't expect that Bitcoin will reach ATH at that time frame because based on history, Bitcoin usually goes up in price a few months after the halving. What I mean when I say it goes up is that, it just goes up, and up, and not going down that much. If that happens, that also means that we are in a bull run already.

Just look at what happened in 2020 & 2021. It might happen as well.

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
Well, it's good for you that you took the opportunity to buy during the bear market. Most of the investors were afraid to buy at that time for some unknown reasons, but like you, I also took advantage of it and bought some coins including Bitcoin at that time as well.

As for your question, just hold on to it, wait for the bull market to happen then sell at the peak or near its peak. Smiley Have some target selling prices as well, and be patient. Make sure that those selling prices are a bit realistic as well meaning there's a high chance that it will reach that price during the bull run.


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December 21, 2023, 07:52:53 AM
 #48

First bull run coming up for me and after seeing the price of Bitcoin rally in the last few months particularly it is getting me somewhat excited for what is to come over the next few years.

I am just wondering what we are all expecting between now and the Bitcoin halving in April next year. Is it going to be a steady climb till then or is there usually a crash of some kind?

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
What I do expect now  is that bitcoin will even Hold 30k and above and that is more than enough or better to expect and that will also shows us that there will no big dump coming .

and about the halving? there will never be a continues Pumping watching how bitcoin moves over the year.

so if you are going to believe that it will increase from here till then? i am afraid you'll ever have one.

what you need to expect is that price will drop from next year and may bring you good growth in the last quarter of the year at least.

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December 21, 2023, 09:26:39 AM
 #49

Just see to it that even if we're getting some guarantees that the price of Bitcoin will go up, much better to look at it as if it will still have some downtime and correction. There is no other expectations for you to be made when you're like that and what's important is you know that it is not daily pump but there will be some balancing along its way to a new high. So, if you still don't know what to do. Keep on observing and like what others are reminding everyone, buy and HODL.
There's no guarantee that the price will go up after the halving, the price pump happens months if not years before happening so just cool down and not get too excited when the halving happens because there's not a lot of eventful things when halving happens, maybe the price will go up for a little bit and then become steady, and that's how it's been for awhile already. Just do what you've already said in the last part, that's the only thing you can do anyways and all we can do is just wait for things to happen.



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December 21, 2023, 09:38:51 AM
 #50

26% in profit is very low.
~snip~

If by any chance you read my previous post, then you could see that I already commented on that information - and the reason for such a small profit lies in the fact that the OP invested exclusively in altcoins (you can see that from his post history). However, considering the interest rates on savings and deposits in banks, even that 26% seems like very good earnings in a period of 1-2 years of investment.

OP (and many others) don't seem to understand the moment the market is in at all, because if you ask the question "should I sell now or wait?" they obviously haven't studied the history of halving even a little bit. Of course, one should always take into account that history does not always have to repeat itself, but if you are already doing something exclusively for the sake of profit, then it is still not bad to look at the historical facts.

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December 21, 2023, 09:57:16 AM
 #51

26% in profit is very low. Decide for yourself, but I'm just putting myself on your shoes. That to me is nothing because the potential is way bigger than that. I'm even convinced that 100% growth is very possible less than a year from now.

The sentiment is generally bullish so I guess between now and the Bitcoin halving in April the price would slowly but surely climb higher. And it's not just the halving that is being influential right now. The Bitcoin spot ETF is actually a big factor.

I don't think 26% profit overall for my portfolio at this point is that bad considering we still have bull run to come for next few years.

I have some altcoins that I am up almost 1000% , some 500 % but also have some that I am down on around 30%.

I am looking forward to the next few years and hoping it can be the first step for me towards retiring in the 2028/29 bull run.

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December 21, 2023, 11:46:59 AM
 #52

26% in profit is very low. Decide for yourself, but I'm just putting myself on your shoes. That to me is nothing because the potential is way bigger than that. I'm even convinced that 100% growth is very possible less than a year from now.

The sentiment is generally bullish so I guess between now and the Bitcoin halving in April the price would slowly but surely climb higher. And it's not just the halving that is being influential right now. The Bitcoin spot ETF is actually a big factor.

I don't think 26% profit overall for my portfolio at this point is that bad considering we still have bull run to come for next few years.

I have some altcoins that I am up almost 1000% , some 500 % but also have some that I am down on around 30%.

I am looking forward to the next few years and hoping it can be the first step for me towards retiring in the 2028/29 bull run.
If you are looking for long term, yeah 26% might be low for now, but in the next bull run, let's say bitcoin goes on massive and end up like in the $160k as all time high, then that is already huge profit.

But if you say that you are going to hold for the next 5-6 years or so, it might be tough, but if you are looking to retire as a millionaire and willing to stay this long and continue to accumulate and retire, then goodluck to your plan mate.

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December 21, 2023, 11:54:50 AM
 #53

History shows that every bitcoin halving, the bitcoin price always rises high and always records a new ATH price.
whether 2024 when halving will happen the same thing, my prediction remains the same halving will make bitcoin record its latest ATH price
It's okay for everyone to think that the same thing will happen during or after the Bitcoin halving, which is due in 2024. But everyone also shouldn't be disappointed if the same thing doesn't happen during the halving or after the halving. Because currently there are still many price levels that Bitcoin must reach in order to be able to record its new ATH, especially since this year is only a short time away and everyone will enter next year with enthusiasm and full of hope for better things in Bitcoin.
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December 21, 2023, 02:14:39 PM
 #54

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
Next year halving will happen but it is not exactly when the Bitcoin price will be bullish. It may also be that Bitcoin starts to become bullish after the halving event ends or may take more time. But it is certain that the market will go back to a bullish movement. If you are holding Bitcoin then I would say definitely hold it because investing in Bitcoin will definitely give you good returns in due course but if you are holding any cryptocurrency other than Bitcoin then there will be fear. Altcoins can take you from profit to loss at any time. So do market analysis and take appropriate decision. If you invest in Bitcoin, you will definitely have the right way which will be supported by all.

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Jating
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December 21, 2023, 09:30:28 PM
 #55

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
Next year halving will happen but it is not exactly when the Bitcoin price will be bullish. It may also be that Bitcoin starts to become bullish after the halving event ends or may take more time. But it is certain that the market will go back to a bullish movement. If you are holding Bitcoin then I would say definitely hold it because investing in Bitcoin will definitely give you good returns in due course but if you are holding any cryptocurrency other than Bitcoin then there will be fear. Altcoins can take you from profit to loss at any time. So do market analysis and take appropriate decision. If you invest in Bitcoin, you will definitely have the right way which will be supported by all.

Base on what we have seen before, right after the halving, we might not see the impact of it. It might take weeks or months before the price will slowly rises. Last halving, this was the case until Elon Musk influence the market and then the price goes to $50k. And then the following year we reaches new all time high at $69k.

So that might be the case here, although different scenario as we have in mind what could be the factor that will push the price for this scheduled block halving. And this is the approval of  the Bitcoin spot ETF that majority of us could excited as it will push the price to 6 digits at least making us the winner and giving us huge profit.
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December 21, 2023, 09:46:29 PM
 #56

History shows that every bitcoin halving, the bitcoin price always rises high and always records a new ATH price.
whether 2024 when halving will happen the same thing, my prediction remains the same halving will make bitcoin record its latest ATH price
History repeats itself and that’s why many are bullish with Bitcoin right now and they are prepared to see the new ATH with Bitcoin. It’s not too late yet to accumulate and I know Bitcoin will be more expensive as the months goes by. The halving will be the biggest reason for the next bull run and no one can stop it, though right now we are seeing FOMO because of the news about ETF, but corrections are still possible so wait for the right time to buy more.

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December 21, 2023, 10:19:20 PM
 #57

History repeats itself and that’s why many are bullish with Bitcoin right now and they are prepared to see the new ATH with Bitcoin. It’s not too late yet to accumulate and I know Bitcoin will be more expensive as the months goes by. The halving will be the biggest reason for the next bull run and no one can stop it, though right now we are seeing FOMO because of the news about ETF, but corrections are still possible so wait for the right time to buy more.

There is a saying that not all the time do History gets to repeat its self but not with bitcoin. The bitcoin Market is moving gradually towards the the ATH that I think we might even beat that faster than previous bull runs. The reason for this is as you have pointed out which is the FOMO. The ETF approval of gotten next year will inspire the market bullish period and we could beat the ATH next year instead of the past trend of it happening one year after the halving period. But as we look at the positive side of the market let’s also anticipate the bearish trend too, I feel this can only come at this time if the bitcoin market is met with a negative news like hack or collapse of a top exchange. Another could be if the ETF doesn’t get approved then we might definitely see a. Market correction

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December 21, 2023, 10:50:45 PM
 #58

Just see to it that even if we're getting some guarantees that the price of Bitcoin will go up, much better to look at it as if it will still have some downtime and correction. There is no other expectations for you to be made when you're like that and what's important is you know that it is not daily pump but there will be some balancing along its way to a new high. So, if you still don't know what to do. Keep on observing and like what others are reminding everyone, buy and HODL.
There's no guarantee that the price will go up after the halving, the price pump happens months if not years before happening so just cool down and not get too excited when the halving happens because there's not a lot of eventful things when halving happens, maybe the price will go up for a little bit and then become steady, and that's how it's been for awhile already. Just do what you've already said in the last part, that's the only thing you can do anyways and all we can do is just wait for things to happen.
If you have been on this market for so long and been through with a few halvings. You'd say that there's a guarantee that it will definitely go up but then, I was saying that don't think of it as if there's a guarantee. As for the event, I think that you're aware of all the Bitcoin ETF waiting to get some approvals. By the time that they've been applied, we've already seen the market up by those news and they're not just rumors at all. That's why if you think that there's not a lot of events that's going to happen after the halving, it's up to you what you think and everyone's opinion is right I guess.

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December 21, 2023, 11:17:36 PM
 #59

First bull run coming up for me and after seeing the price of Bitcoin rally in the last few months particularly it is getting me somewhat excited for what is to come over the next few years.

I am just wondering what we are all expecting between now and the Bitcoin halving in April next year. Is it going to be a steady climb till then or is there usually a crash of some kind?

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
What we are seeing in the market right now is quite positive, and we can predict that the price will breach the ATH soon. However, I feel this was a trap that people should be aware of because the retracement has not yet occurred, and I anticipate a large dump will occur shortly. Looking back at Bitcoin's history, there will be a price drop before the halving, followed by an explosion. And now that a lot of people are aware of this, and we know that smart money is here to entice us, we must act differently than most people do.
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December 21, 2023, 11:59:25 PM
 #60

Up until now I have just been buying throughout the bear market and not sold anything , my portfolio is currently 26% in profit which I am happy with but wondering if I should keep holding till past the bull run or take some profits now.
Next year halving will happen but it is not exactly when the Bitcoin price will be bullish. It may also be that Bitcoin starts to become bullish after the halving event ends or may take more time. But it is certain that the market will go back to a bullish movement. If you are holding Bitcoin then I would say definitely hold it because investing in Bitcoin will definitely give you good returns in due course but if you are holding any cryptocurrency other than Bitcoin then there will be fear. Altcoins can take you from profit to loss at any time. So do market analysis and take appropriate decision. If you invest in Bitcoin, you will definitely have the right way which will be supported by all.
I believe that the best thing to do in regards to something like this would be just making sure that we do have some bitcoin that we are holding. Too many people are missing that point and they are trying to just figure out when would be the best time to buy, but they are not aware that today is the best time to buy and second best day is tomorrow.

You should get in, and you should get as much bitcoin as you possibly can during this period so that it would make sense, but that doesn't mean that we are going to end up with anything better, we need to keep it working. All those people who still hold their money at tether or similar stablecoins, waiting to get in, are making a huge mistake right now and it will be terrible for them.

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