Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 22/04/2024, 09:35:40 UTC
⭐ Merited by JayJuanGee (1)
Many newbies even thought that it's a deflationary currency, not a fixed-supply and currently still a inflationary currency that halves the inflation every four years.

The newbies who "got disappointed" because nothing happened immediately after the halving, should learn the hard way. - That by selling at the current price "in disappointment", they will FOMO again during a surge to $100,000 giving them less units in Bitcoin.
Halving is often associated with a surprise price that will increase many times over and that is the dream of Bitcoin holders, not just beginners but everyone. If you look at 2022 when bitcoin falls to $15k and in 2024 it rises to $73k of course the increase has already occurred many times over and they have to measure it to be a definite comparison in what they expect.

In this halving it may be a little unique because at the time of the halving we were hit by war between Iran and Israel but the price of Bitcoin was still strong enough to stay at $60k so my assumption is that when the war ends we will see a lot of money going into BTC which will make the price Bitcoin will rise again and continue to print a new ATH.

Holding is an action that must be maintained, therefore do not cash out if there is no urgent need for our living needs.