Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving effect
by
Altryist
on 25/01/2024, 20:06:54 UTC
It is a fact and very obvious how bitcoin price have moved rapidly after every halving that have taken place since the inception of bitcoin ecosystem. It is no more a news and has become something that is highly anticipated by all bitcoin enthusiasts and the public to see how bitcoin will make a new all-time high after the next coming halving which will take place this year.

For those that want to benefit from it, they’re already sticking their bags and preparing for the big rewards and with all this signs, some people don’t feel interested and still think that the bitcoin investment is not something to be trusted as they think they’ll be doomed if they invested in such asset.

One thing is certain, which is that; you can never get everyone interested in something 100%, no matter how genuine and truthful it might look, some people will still find an excuse to support their claim in why they don’t fancy it. Let those who believe invest and those that don’t can simply back out and watch out the space will grow more.
In fact, not many people invest, and even if a person knows about Bitcoin and knows that it can grow and make a profit, but has never invested money anywhere before, then he may simply be afraid to try, afraid to risk his savings, because fear losing everything is stronger than the desire to make a profit.
Halving should do its job and most likely we will see a growth Bitcoin price after the halving, but now it is difficult to say what this growth will be, how much Bitcoin can grow, and the most important question: will correction before the halving and how much the price of Bitcoin can fall. If it falls, it will be a good reason to buy more Bitcoin.