Despite how halving increases the price of bitcoin to make it more profitable to investors, I'm wondering if it will not lead to devaluing of the currency in every four years?
Bitcoin price is dependent on the supply and demand, with Bitcoin having, it means that the Bitcoin incoming supply is cut by half and in trading we all know that when the supply is lessen while the demand stay the same, it will make the price go up. Thus the value or price of Bitcoin will increase.
Will the effect of these not be inflation of bitcoin in every four years?
The supply of Bitcoin inflates every 10 minutes since the new block that has a reward is known to be mined at 10-minute intervals. So it does not need 4 years to inflate the number of BTC in cirdulation. It only needs at least 10 minutes.
I'm quit new in bitcoin, and I might be wrong, but I think that as halving continues to occur, bitcoin value might start to diminish gradually. And will it not negatively affect the purchasing power of bitcoin, in making payments for goods and services? I stand to be corrected.
You can verify if what you are thinking is wrong by researching the economics of BTC. It will give answer to your question on how Bitcoin halving affects Bitcoin economics.
You can start by reading these articles:
https://cointelegraph.com/news/the-economics-of-bitcoin-halving-understanding-the-effects-on-price-and-market-sentimenthttps://cointelegraph.com/learn/bitcoin-halving-how-does-the-halving-cycle-work-and-why-does-it-matterhttps://www.investopedia.com/bitcoin-halving-4843769