BTC supply crisis will appear soon

[tranthidung]

We all know that OP refers to the Bitcoin halving. When Bitcoin halving happens, the circulating supply will be decreasing a lot while the demand is high. In this moment, Bitcoin will increase the price significantly, many people may sell their Bitcoin at that time. I also prepare to sell my Bitcoin if there is a pump during Bitcoin halving. I will buy again when there is a dump after the Bitcoin halving.

By writing this, you don't actually understand about Bitcoin halving.

Three things to note.

• Bitcoin total supply is fixed and finite. It is capped at 21 millions.
• Bitcoin circulating supply will increase with time until 2140 when all 21 million bitcoins mined. Whenever there are new bitcoins from new Bitcoin blocks as block subsidy, there will be new bitcoins added in its circulating supply.
• New (future) supply, it will become less and less with each 210,000 Bitcoin blocks (halving). This is what you are discussing, not circulating supply.

This supposed "crisis" is a double-edged sword. We will see those who try to jump on the bandwagon when the price skyrockets and they will pay dearly for each Bitcoin they want to buy. On the other hand, we will see those who have held their Bitcoins for years seeing their funds increase while hesitating whether or not to sell while waiting for higher prices. It will be the same as in the cycles to which we are accustomed, but on a much larger scale, so the supposed “crisis”, if it exists, will not be bad.

They hesitated to take profit with past cycles and even now but if they have private keys and access to their bitcoins, sooner or later, they will take profit.

Exception is only if they lost private keys and lost their bitcoins forever like people who did not move their bitcoins last 7years+

• https://www.lookintobitcoin.com/charts/hodl-waves/

[Freemind]

They hesitated to take profit with past cycles and even now but if they have private keys and access to their bitcoins, sooner or later, they will take profit.

Exception is only if they lost private keys and lost their bitcoins forever like people who did not move their bitcoins last 7years+

• https://www.lookintobitcoin.com/charts/hodl-waves/

They are already making profits even if they have not sold, and it is clear that at some point they will, the question is when and the overall consequences for the market. Regardless of when they do it, I don't think they will sell all their reserves, but rather they will do it in batches. Otherwise, they would harm themselves by causing the market to crash. I suppose they will wait the maximum time stipulated by each company or agent to sell, but seeing the current market situation and the next halving, with the consequent demand, it is likely that it will not take them long to start selling.

[philipma1957]

well so far btc price has worked a bit like the tides.

a repetitive high then low then high then low.

each cycle a higher high and a higher low.

the value of the circulation coins is around 1 trillion.

so do we rise to two trillion for this high

then retreat to 800 million.


Or do we rise to three trillion then retreat.

Personally I think we top four trillion in the upcoming run.  then maybe retreat to 1.5 trillion.


or 200k a coin in 2025 down to 60k a coin in 2026.

all this guessing is very hard. since high fee attacks and EFT are a new angle which could alter any guesses accuracy.

[Google+]

They are already making profits even if they have not sold, and it is clear that at some point they will, the question is when and the overall consequences for the market. Regardless of when they do it, I don't think they will sell all their reserves, but rather they will do it in batches. Otherwise, they would harm themselves by causing the market to crash. I suppose they will wait the maximum time stipulated by each company or agent to sell, but seeing the current market situation and the next halving, with the consequent demand, it is likely that it will not take them long to start selling.

Yes, as you said, the profit that some people want to achieve certainly has various opinions. Maybe he wants to hold Bitcoin for a longer amount until the price reaches hundreds of thousands of dollars so that that way he can get a lot of profit.

[Freemind]

Yes, as you said, the profit that some people want to achieve certainly has various opinions. Maybe he wants to hold Bitcoin for a longer amount until the price reaches hundreds of thousands of dollars so that that way he can get a lot of profit.

One way in which large investment groups make profits is by selling in lots, date and previous purchase price. They sell Bitcoin in batches based on purchase dates and price and compare it to the X profit percentage. That way they will never have losses by having a calendar marked with the values ​​they already have set. They should do things very badly to have losses. When selling this way, large groups need more time (and patience) from purchase to sale, but guarantee virtually risk-free profits.

[legend45]

Yes, as you said, the profit that some people want to achieve certainly has various opinions. Maybe he wants to hold Bitcoin for a longer amount until the price reaches hundreds of thousands of dollars so that that way he can get a lot of profit.

Holding bitcoins for a longer time is the best way to earn bigger profits, but it requires a lot of capital.  Where money is not needed for a long time.  Some people just hold by buying when bearish and selling when bullish, hold for 4 years.

[TopT3ns]

One way in which large investment groups make profits is by selling in lots, date and previous purchase price. They sell Bitcoin in batches based on purchase dates and price and compare it to the X profit percentage. That way they will never have losses by having a calendar marked with the values ​​they already have set. They should do things very badly to have losses. When selling this way, large groups need more time (and patience) from purchase to sale, but guarantee virtually risk-free profits.

With what you explained, I think it is simpler to assume that they have a clear portfolio to record all buying and selling transactions of cryptocurrency assets that have been carried out, patience is indeed an important point to gain profits and risk will always follow whatever you do in the world of cryptocurrency because When your money or assets go digital, you can't touch them anymore and have the potential to be lost.

[Fivestar4everMVP]

Yes, as you said, the profit that some people want to achieve certainly has various opinions. Maybe he wants to hold Bitcoin for a longer amount until the price reaches hundreds of thousands of dollars so that that way he can get a lot of profit.

Holding bitcoins for a longer time is the best way to earn bigger profits, but it requires a lot of capital.  Where money is not needed for a long time.  Some people just hold by buying when bearish and selling when bullish, hold for 4 years.

Yeah, from my personal experience as once a day trader, and as well have turned hodler, I would say that, hodling is the best way to make good amount of money in crypto, traders can make money, but a total profit a trader makes in give years, can be made in like 2, 3, 4 years of hodling, if the investor is lucky of course.

In Altcoins, the risk is higher than bitcoin, but the potentials is also very higher than bitcoin as well, as I have seen really lucky guys who buys an altcoin at a time it seems the altcoin is dead, but just within 30 to 60 days, that altcoins pumps so hard turning a hundred or less dollar investment into hundreds of thousands of dollar, and some times, even up to a million dollars.
Money is in crypto, and one can make the quickest of profit, not just with bitcoin but with altcoins as well if they are lucky, all I think it takes is, buy in to bitcoin or the altcoin at the right time before a major pump.

[tranthidung]

Holding bitcoins for a longer time is the best way to earn bigger profits, but it requires a lot of capital.  Where money is not needed for a long time.  Some people just hold by buying when bearish and selling when bullish, hold for 4 years.

I think different.

We only need to manage our personal finance well, to invest in Bitcoin without pressure and stress that we will have to sell our bitcoins for cash because of emergencies.

An investor does not need to have big capital to invest. If I am a poor man, can afford to spend $1,000 for investment in Bitcoin, a profit like $1,000 will be very good for me. I don't have to chase for $100,000 or $1M profit like big investors.

Demands from Bitcoin Spot ETFs will not dry soon and supply on OTC market declines a lot and more than that, Bitcoin halving will come in 51 more days.

We are going to see a supply shock, then price shock upwards.

[dekafee79]

Yes, as you said, the profit that some people want to achieve certainly has various opinions. Maybe he wants to hold Bitcoin for a longer amount until the price reaches hundreds of thousands of dollars so that that way he can get a lot of profit.

Holding bitcoins for a longer time is the best way to earn bigger profits, but it requires a lot of capital.  Where money is not needed for a long time.  Some people just hold by buying when bearish and selling when bullish, hold for 4 years.

Yeah, from my personal experience as once a day trader, and as well have turned hodler, I would say that, hodling is the best way to make good amount of money in crypto, traders can make money, but a total profit a trader makes in give years, can be made in like 2, 3, 4 years of hodling, if the investor is lucky of course.

A holder only buys when bearish and holds for 3-4 years, the profits can be the same as a daily trader.  We know that some investors choose to become holders because they are busy in the real world, and don't have time to become a daily trader.  They have large amounts of money, so the assets they hold are very large.  The profits generated during the bullish season are also very large.

[Lucius]

Holding bitcoins for a longer time is the best way to earn bigger profits, but it requires a lot of capital.  Where money is not needed for a long time.  Some people just hold by buying when bearish and selling when bullish, hold for 4 years.

The golden rule is that you do not invest anything that you are not ready to lose, which means that you only invest money that you do not need in your everyday life. The key is persistence in what you do and having a plan, and that is something that many people make mistakes in.

If you had invested only 5% of what you earned in the past 5 years on a monthly basis, I am sure that you would already have a very nice profit - and in the coming years that profit would increase even more.

A large capital is not something that is necessary in order to make a profit when it comes to investing in Bitcoin, because you will hardly find something that has such a great potential when it comes to increasing the price. For those who are young and can afford a long-term investment, regardless of the risk, I would rather risk investing in Bitcoin than retirement funds.

I don't know how it is in the rest of the world, but in most EU countries there is more and more talk about extending the working life even more - and we ordinary people already have a saying for that which reads "from the workplace to the cemetery".

[pawel7777]

The golden rule is that you do not invest anything that you are not ready to lose, which means that you only invest money that you do not need in your everyday life. The key is persistence in what you do and having a plan, and that is something that many people make mistakes in.

I never liked that rule as it implies you can be un-invested, which is a wrong way of looking at things. Whenever you own anything of value, you're invested in something. Cash is no different, but it's one of the worst investments (except of some exceptional periods of recession etc), as you're guaranteed to lose value due to inflation.

[Stompix]

I never liked that rule as it implies you can be un-invested, which is a wrong way of looking at things. Whenever you own anything of value, you're invested in something.

And when the thing you invested is losing value you lose money, and when it goes Enron/Theranos/BitConnect you lose eveything.
One of my childhood friends poured in almost all of his money and a mortgage  in a hair saloon for his wife to manage and a select coffee shop for him right next to it in the autumn of 2019, since you obviously know what happened next you can guess how their finances looked two years later! In theory he still had every single bit of he investment, in reality...

It would be foolish to believe that no matter what Bitcoin will NEVER suffer a major downturn exactly when you are in need of money!

I don't know how it is in the rest of the world, but in most EU countries there is more and more talk about extending the working life even more - and we ordinary people already have a saying for that which reads "from the workplace to the cemetery".

The European welfare model of pension is doomed, the private pension model or 401k are far better.
We're going to learn the hard way that you need to put money aside while you work, not wait for paychecks after you retire.

[Don Pedro Dinero]

I agree with the two points made by Stompix.

And when the thing you invested is losing value you lose money, and when it goes Enron/Theranos/BitConnect you lose eveything.
On of my childhood friends poured in almost all of his money and a mortgage  in a hair saloon for his wife to manage and a select coffee shop for him right next to it in the autumn of 2019, since you obviously know what happened next you can guess how their finances looked two years later! In theory he still had every single bit of he investment, in reality...

It would be foolish to believe that no matter what Bitcoin will NEVER suffer a major downturn exactly when you are in need of money!

Although I see a major bitcoin downturn in the near future as unlikely, it cannot be ruled out. In the case of cash, it is true that it is a sure loss due to inflation, which is why it is not a good refuge for the long term. I particularly have cash savings, both for contingencies and for future expenses that I expect to make in less than a couple of years. What I lose due to inflation I take as a cost to pay for the security that when I need the money I will not find myself with 50% less due to a downturn in the market.

]
The European welfare model of pension is doomed, the private pension model or 401k are far better.
We're going to learn the hard way that you need to put money aside while you work, not wait for paychecks after you retire.

The welfare state worked very well in Europe after WW2 and until a couple of decades ago. It was a time of expansion, starting with reconstruction, cheap energy and population growth. The pay-as-you-go pension system was put in place when people were living much shorter lives, and in many cases did not get their pensions. Also the birth rate was higher. Nowadays the low birth rate is only saved a little by immigration, and people are living much longer.

I don't think you can radically change the system in a short period of time, but you can leave state pensions as a minimum and encourage people to save for their pensions on their own.

[Captain Corporate]

It is one of the main reasons why bitcoin prices usually go up during the bull periods as well. You can't really make it work in a way that you just keep having more and more bitcoin after the halving, even if people start to sell. We will have less, and that's the main reason why the price goes down. I honestly expect it to be something that could benefit us. Just realize that we are talking about something that may get us to profit, because bul run or even the hype around the bull run is the thing that makes it go up like this currently, and its going to keep growing more and more after the halving as well.