- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)
We all know based on the historical data, Bitcoin should increase more than $20,000 in 2021. The first and second halving have proven significant moves on Bitcoin values. So, it makes sense if we believe that in 2021 will be another great year for Bitcoin.
However, who knows about it. No guarantee for the rising of Bitcoin value. Since Bitcoin is decentralized and no authority to have the responsibility, a bad scenario may happen to break off our expectations. So, how if there is no significant move on Bitcoin price in the upcoming halving? What is your plan as a Bitcoin holder?
- Disappointed and directly trade all holding Bitcoins.
- Keep holding until the next rising.
- No idea. I will think and replan later.
- Others (Write down on your reply).
*Sorry if this topic was already discussed before. I've used the
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I have been investing on bitcoin for so long already and every decision I make here is well processed which usually takes up a long time to make every detail work according to my plan. If ever there will be no movement on the next halving or in 2021, I will definitely keep on holding still. Those speculation may occur or maybe it will not but I will still hold on to my faith in bitcoin and keep on going with my investment. I know and I can feel it that bitcoin will rise up more than what we are expecting soon, it may take long but the wait will surely be worth it.