Quote from: Etranger on December 17, 2023, 12:12:03 PM

Quote from: WeThePe0ple on December 15, 2023, 09:22:56 PM

- Why would people invest loads of money in BTC after the halving and not before?

I believe, it is connected to FOMO. Halving symbolises something new, some changes. It feels like there are less and less bitcoin available. And more and more people start worrying that they don't own any so far. That is because they buy. And they notice that many people around are buying as well. And the effect becomes more massive.

Those who bought after the halving are those who get carried by the hypes and some people are like that, they don't invest if that commodity is not the talk of the town on how it has increased in price, this makes them to feel that is the best time for them to invest, thinking that the price will continue to pump till infinity and vefore they know it they will miss out from taking profit and run at loss the moment the bull run is over.