Come June 14th, those users who invested probably about 10-50 btc will all dump their WAVES and profit about 100%. Lets say someone invested about 10btc on Waves so he now double up to 20btc after dumping. Come halving, his 20btc will also turned 40btc. That's about 300% return. Will he buy back WAVES? more than likely NO. seeing he already squeeze a lot of btc during the release. it may take a year before WAVES will ever recover just like how Lisk turned out.
But he may possibly buy RISE instead to once again dump.
but you see there's no guarantee on BTC price doubling at halving considering the circumstances that have caused this price hike. The biggest markets that have cause the BTC price increase are coming from China. Chinese that now own lots of BTCs , can't do anything with it. Can't buy a house, car,.... Nothing. Except this is the best way for them to convert their yuan to USD specially when those rich ones leave their country. So we've seen big buyouts and I think we'll see big sell offs as well. All my opinion while living here in China. Please, I beg everyone NOT to make any financial decisions based on my writing. It's simply my observation. Thank you and Good Luck to all.