Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving effect
by
Richbased
on 25/01/2024, 14:35:59 UTC
As we all are aware Bitcoin Halving is excepted to happen around April-May2024. Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024. If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock. I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Bitcoin halving is around the corner and there's a parable that goes "a good journey starts with a good kola" so at least since the halving is drawing near, we should have started seeing some good signs of our optimism in the price of Bitcoin rather than the price continuously dipping even more though the dip stands as an opportunity to accumulate more Bitcoins, but it would have been better if the price maybe fluctuate like the price dipping and rising a bit till the correction processes has been undergone but regardless of what we're experiencing in bitcoin price movement now, we should be optimistic that a noticable pump will surely occur after the halving in the bull market therefore, there shouldn't be any "cause for an alarm" now rather we should hold our coins and never sell it off before the halving.

"Those that fail to learn from history are doomed to repeat it"

Although we learn from histories of previous reoccurrence but however, what is permanent in life is changes because the future is uncertain regardless of our speculation and predictions therefore as we are hoping for the best, we should as well prepare for the worst.