Post
Topic
Board Beginners & Help
Re: Why does the halving increase the price?
by
Seinlocko
on 05/01/2024, 14:01:12 UTC
A few random beginner questions:

- 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.

- Why would people invest loads of money in BTC after the halving and not before?
....
In recent years, the price of Bitcoin could be said to be cheaper than it is now. The low price makes it easier to buy bitcoin in larger quantities. But nowadays, even though the price of bitcoin is no longer what it used to be when it was still cheap, in my opinion, don't ever give up investing just because it's difficult to buy whole bitcoins. Because bitcoin still has a lot of potential to continue to experience price increases.

And the question is, why are more people investing their money in Bitcoin during the halving? I think the answer is because they are interested in making a profit in a bull market.