Post
Topic
Board Bitcoin Discussion
Re: We All Know, The halving time will be full of drama
by
Yamifoud
on 01/07/2023, 20:50:31 UTC
but I don't know why many people forget and still spread FUD everywhere. If they understand that and know it always happens on every 4 years, they shall be calm and relaxed to face SEC, Binance, or anything drama.
I don't believe those who spread FUD around halving time forget anything. It's a strategy to cause panic and dump so they can get in at lower prices. It's whales doings and every close watcher shouldn't get distracted by that. I first experienced this scenario in 2017. After that I made up my mind not to be shaken by anything negative on Bitcoin anymore. I encourage everyone to be resolute hodling Bitcoin till next bull rally and expected ATH in 2025 before taking profit.
Perhaps, it was an effective strategy that these whales are using because it has to know that people are still believing what they hear from others especially if they are using influential people. It really creates panic and a huge market crash, then whales take advantage of the situation and succeed in their plan. Even though we know that thing already still a lot of people never thought about it and they think it was real. That is why whales never stop doing this because they know that it is still working and benefiting a lot.