Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving: What is it?
by
mauriek
on 13/02/2020, 10:18:14 UTC
Just found this on facebook. Maybe we can get something from this. What are your thoughts?
Does the future of bitcoin be affected? Is this good or bad? Should we still invest in Bitcoin?
Lol I don’t see why you should be asking whether this is good or bad when you know already that it has happened twice in Bitcoin space. If it was bad then most of us would have dropped after the first or second one. It’s not bad, it’s been happening, so there’s nothing bad about it. After the last two halving we saw the price of Bitcoin started going up and those investors who were able to have patience for long benefited from it since they started making lots of profit as the price kept going up. I strongly believe that this one wouldn’t be anything different but same as the other ones and the patience we have had for long would definitely pay off.
Maybe this time he was hesitant to invest before Halving whereas we have learned about Halving before where the price of Bitcoin increased dramatically after that. So I suggest to the OP if you have unemployed funds then you should buy some BTC now. After Halving you will become a rich man.  Grin