- 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.
This can be determined on when each everyone of us made the decision on joining the bitcoin network and adopted it use for an investment, some never have that kind of knowledge of making an investment with the purpose of targeting the halving because some years back, many were only having little about the bitcoin knowledge.
- Why would people invest loads of money in BTC after the halving and not before?
Because after halving there comes bullrun and the bitcoin market price rises to a new all time high till it achieved the maximum it could.
I have been seeing people talking about the Bitcoin halving while so many do not have sufficient understanding about what it really entails. Even though we might not have experienced what halving Actually means and what it entails. We need to understand one thing which is bull run. Halving is a time when the price of Bitcoin which normally triggers the price of altcoins to go bullish. We can make good profits from halving if we know what we are doing and the best way to do that is to keep buying and holding for when the actually time will comes.