Post
Topic
Board Beginners & Help
Re: Why does the halving increase the price?
by
ZAINmalik75
on 16/12/2023, 14:53:23 UTC
- There have been 3 halvings, and in all of them the BTC price was insignificant compared to what it is today. Am I the only one who thinks that it is premature to speak of a pattern when something only happened 3 times before, and in completely different price ranges? Buying 1 BTC was realistic for many people before the first 3 halvings. Now that is no longer the case.
I will not call it premature but a good thought because many of us who are not into crypto or are just starting there journey had this same thought that should we accept the old patterns as an indicator for future predictions as you said 3 times might not be enough and to be honest I also had the same thoughts when I was newbie but the number of halving was not 3 at that time.

And buying 1 btc back in time was easier than now.
- Why would people invest loads of money in BTC after the halving and not before?
Smart people invest before having and less smart people invest after halving and not smart people don't invest in BTC at all.