I don't think the economy will be in a much worse state than it is right now. We're quite close to hitting rock bottom. How much worse can it get in just a few years? Even if it's in the exact same situation, Bitcoin after the halving will certainly be worth more than it's worth right now for the reasons you previously explained.
Therefore, I don't find any particular reason to sell my Bitcoin before the halving occurs, unless I'm in dire need of money. I'm patient enough to hold for as long as possible.
Therefore, I don't find any particular reason to sell my Bitcoin before the halving occurs, unless I'm in dire need of money. I'm patient enough to hold for as long as possible.
Yes. But what if China decides to invade Taiwan in the middle of the Russo-Ukraine crisis? Then the global economy would be in a much worse state than what it is right now. If that happens, Bitcoin will dive deeper in price, making the dreams of reaching $100k per coin a distant one. By the time Bitcoin's block reward is cut in half (2024), it's likely market prices will soar but not to a point where BTC gets past its latest ATH in price. That is if the global economy worsens or remains the same as it is right now. If things improve by 2024, then Bitcoin will rise faster than you could've ever imagined. The future holds many surprises, so we can only hope for the best. Just my thoughts
