Post
Topic
Board Bitcoin Discussion
Re: Are you holding your bitcoin for a price increase?
by
bamboylee
on 01/07/2016, 04:41:01 UTC

Me too I'm just holding my bitcoin today to my wallet and it is because the people are speculating that bitcoins price will increase after the halving.
And I'm just following their speculations and hoping for a price increase also.

While following others speculation, make sure you are always up to date with the latest price rallies. Since price increase and decrease will be based on that and not with the halving itself. Watch out those big whales moves.
well even though you will be up to date with all the news in my opinion it would still be really hard to know whether the price is going to grow or it is going to fall, so i doubt anyone can predict the price

im holding my bitcoins at the moment because im pretty sure the price is going to grow at a really fast speed i think it will allow me to make some good profit in the near future after halving

That is why it is called prediction. It is hard and there is no right predictions all the time. You can only speculate on the price movement based on what you read on the news and in case of bitcoin the major psychological trends towards it. So if there is a hype on bitcoin because of halving, probably its price will go up high.