Quote from: justdimin on July 18, 2023, 02:11:49 PM

Quote from: Distinctin on July 17, 2023, 08:48:03 AM

Quote from: Z-tight on July 09, 2023, 04:52:07 PM

This isn't true, BTC halving doesn't happen every year, to calculate it better you have to use mined blocks and so the block reward gets halved after 210,000 mined blocks. I would not tell people to 'prepare' for BTC halving, it can make them to become desperate or invest for the wrong reason, take note that BTC isn't a get rich quick thing. I will recommend that people buy BTC because they believe in it and know what they are getting into, for example buying with dca years before the halving is a more orgaic approach and with lower risks.

I have to agree with this. Bitcoin halving does not mean that bitcoin price will rise immediately and that people will expect a get-rich-quick that time. No, it will still take months before the price will create a significant effect. However at some point, bitcoin halving only create a very small price increase, the reason why we should not be overwhelmed about it. Instead, we should invest through DCAing because it has the biggest potentials to succeed in the future, and not because bitcoin halving is nearly approaching that everyone will expect to get massive profits.

It may not mean that the price will rise right away, but at least it means that we are going to do fine, and that matters, that difference matters. Also maybe it will not go up right away, but it will certainly go up after a while and that means good things. Bitcoin price always goes up after the halving, that has been the case so many times in a row now and I do not think that it will change anytime soon neither, we are going to keep seeing that happen one way or another.

This is why it's quite important to see that type of difference, it matters and we should care about it. It's a difficult thing to trust the future, I know that, but at the end of the day at least trust the past and how it has been after each halving.

There is no solid evidence that bitcoin will increase in price after the halving, whether it happens immediately or after a while. It is true that in the past, bitcoin has always increased after the halving, but there is no guarantee that things will repeat in the future. If bitcoin is sure to go up in price and everyone knows about it, won't we all get rich easily? Everything is just our expectations and predictions, so there is still a risk if we focus too much on halving. I agree with what Z-tight said, bitcoin is a long term investment, and it always returns when you hold it long term.
Don't speculate about the halving, it's like gambling.