Quote from: macson on May 04, 2024, 11:35:18 AM

Quote from: Stepstowealth on April 22, 2024, 09:09:44 PM

The halving was a major event that attracted many new investors to bitcoins, some started investing seriously some months to the halving just so to make some profit from it.The halving was what attracted them, but now that the halving has come and gone, do you think that the number of new investors will reduce for the now until the next halving is close again?

we'll definitely see a decline in people buying Bitcoin after halving. anyway, we can know whether someone is an investor or not, if they start investing only when FOMO halving bitcoin then they are definitely not a bitcoin investor, they just want to try to join in the hype of the market, when the price of bitcoin goes down they will definitely blame they have been fooled or scammed by bitcoin.

It's reasonable to be in the market of opportunities. There could be lesser participants BUT the amount of Bitcoin being transacted remains the same. After the halving, more investors are getting cautious. They are not buying more and doing only HODL. Which means there's lesser trades for the upside since there is no offering for higher prices. Once the hype once kick in again in the market, more participants will be coming over. Which would make better transactions and price actions because there are more volume from that time on.