Post
Topic
Board Economics
Re: Investing against 2024
by
tabas
on 30/11/2022, 20:50:42 UTC
2024 is the time that the next halving will happen, so, it makes sense that you should look into that because we know how cheap the coins are right now. And then, how massively they could be on that time and most likely after the halving.
Yes, 2024 is the time for BTC halving. It is the time that people are waiting for because it usually triggers the price of Bitcoin and altcoins to skyrocket. Since this year is the bearish season and the price drops very much, it is a great time to buy Bitcoin and altcoins as many as possible at a very cheap rate. We can big profits when the prices of BTC and Altcoins increase massively in 2024 or 2025.
Be picky with altcoins, not all of them are good for you to have. Well, you may take a gamble if you want to and buy those cheap coins you think will have a sudden increase but again, not all of them are going to be like that. There's more assurance in bitcoin so, take that first and then go with altcoins you think are good choices.

Even if we tell them to buy bitcoin, they'll look for those altcoins that might go 100x and that's in their minds already. They don't see the stable growth and slowly but surely gain for bitcoin.
People are always greedy. They don't really care about safety.
Bitcoin is a safe coin but people think the possibility of its profits is lower than altcoins. So, people prefer to choose altcoins with a higher chance of huge profits although it is very risky.
There are just a few factors that make them look into that. Aside from being greedy, they think bitcoin is outdated. Just because they hear it from someone who's against bitcoin, they'll believe that guy and think that his words are true. Also, they think that bitcoin is too expensive now.