Quote from: taufik123 on September 28, 2022, 02:58:08 PM

Quote from: sayaya17 on September 27, 2022, 06:38:42 PM

-snip-
halving occurs, usually the Bitcoin price will rise very high after the Bitcoin halving occurs, and long term investment in Bitcoin is very good indeed.
We if we still have extra money can buy Bitcoin again at the current price or we can buy Bitcoin every time the price drops. Because accumulating
Bitcoin it would be very profitable to do, after all, Bitcoin is the safest to buy when there is a bear market like now.

Bitcoin halving is a highly anticipated event by all crypto users and those who hold bitcoin for the long term. Every time the halving happens it always reaches a new ATH and it is likely that it will also happen at the 2024 halving later. the current price could be a very cheap price if New ATH is reached again. Buying bitcoins for the long term would be highly recommended and of course allocating some funds to do bitcoin DCA should be done so as not to always get stuck at prices that are too high.

TA 2022-08-06: BTC Halving Analysis

source: https://www.tradingview.com/chart/BTCUSD/NRAuRwKO-TA-2022-08-06-BTC-Halving-Analysis/

A brief history
1. 2009 – Bitcoin mining rewards start at 50 BTC per block.
2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC.
3. 2016 – In the second halving, mining rewards go down to 12.5 BTC.
4. 2020 – In the third halving, mining rewards drop to 6.25 BTC.
5. 2024 – In the third halving, mining rewards drop to 3.125 BTC.

From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.

But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.