Re: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM (118 days left)

Its very important that people hold some bitcoins in their wallet, even if youre a day trader you still have to keep some coins in your Bitcoin wallet and any other coins you would like to save because at times the biggest profit might come from long term Hodl. We dont really know how the situation might be after the Halving, there is no assurance that the same thing that happened in the past, the bull runs, will repeat itself this time around.

I have seen a lot of technical analysis and the price seems to be moving the same direction and I strongly there will be a bull run after the next Halving. I have invested an amount according to my level of risk and Im waiting for it.

there will definitely be movement, but if you look at the halving beforehand, the movement will not occur simultaneously when halving occurs, the movement that occurs in my opinion is like a FOMO or FUD. we will still wait for quite a long time if prices will move significantly like previous halving. but I don't know whether this year halving will be so hype that it makes people FOMO or FUD so that before and after there will be a high enough increase?

I guess a lot of people don't want to miss that moment. days approaching that moment, I think there will be a lot of fomo. and in the end there will be an increase in prices as there is demand. and after that many people will wait for the results of the news to determine the steps after the halving bitcoin occurs, at that time there will certainly be a big movement, whether fomo or fud

I advise caution not to fomo when approaching halving, I worry when the price goes up it will dump again or make corrections because it rises too fast when halving happens and based on history it's not like that. certainly I am waiting for the peak of the increase in 2021.

I think it has become a natural thing that cryptocurrency price movements will always go up and down, you only need to take advantage of the moment of coin price movements when they fall then you can buy them and when prices go up you can sell them, you should not be affected by buying coins when prices are high because it can make you stuck at expensive prices and make you lose because you can not use your trading capital.

I know it is a fluctuation, and that is normal because fluctuation is one of the big advantages that we can get from trading cryptocurrencies. in trading you must always prepare more funds, to backup if your capital is stuck.

Having a backup plan for your investments is the one of best strategy to reduce the level of risk and increase the chances of profits. One other way to avoid the risk is you can involve yourself in both short term and long term investments. As in short term or daily trading the chances of changes are low so the chances of lose are also low. You can also hold the rest for the time of more rise in price tom get big results.