Post
Topic
Board Speculation
Re: Bitcoin in 2020?
by
Fatunad
on 04/11/2019, 14:27:40 UTC
~snip~
While I was positive about the bitcoin halving and also kept thinking the same as others that the bitcoin halving will increase the price of bitcoin, I have now realized that too many people are waiting for the same to occur which gives me an insight that if so many people are waiting for it to occur then chances are there it might not occur at all or even if it occurs then it will soon be disrupted since there will be many waiting for the price to increase just so that they can dump their load.
Expect it to come.

And everyone has learned the lesson that we should be keen on when we should sell and stop being greedy. That's why whenever we hit the all time high again it's either there will be some that will continue to keep for future holdings but a portion of their holdings will be no doubt to be sold.

Despite of that, just be prepared whatever comes.

If we are talking about hitting the all time high that's really difficult knowing a lot people are going to sell when there is a price pump. Just like what happened to the btc price when it touched the $10k figure. The only hope for btc to pump again and reach the ath is when a huge company or group of people who holds massive amount of money will buy btc or other cryptocurrency. Bitcoin halving may also trigger a supply demand due to the trend that will going to happen like the past two halving.