Post
Topic
Board Bitcoin Discussion
Re: Will the number of new investors reduce?
by
Uhwuchukwu53
on 04/05/2024, 21:47:41 UTC
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?
Many people rush to invest in Bitcoin immediately they have the information of Bitcoin having coming to manifest but they don't know that If halving May fail and also may not fail, so from my own perspectives the understanding of cryptocurrency we should not invest without investigation if you want to make a profit in cryptocurrency industry or cryptocurrency investment don't hesit to make a proper research before you invest many people lose their coins because they fail to understand the procedures of cryptocurrency and to know when to invest and when not to invest

All what your saying is truth as one may incured losses if proper research and investigation is not made before going into crypto investment, but for me I believe most of this losses easily occur when investor dive into shiltcoin or altcoin he/she  has no proper knowledge of,  although one of the tools to invest on the crypto space is through speculation but there some prediction that can't work as there is allot of failure in some shiltcoin and altcoin as they can't withstand the market pressure after when the are dump into the market system, but investor who concentrate on investing in BTC with intensions of holding for long term will definitely make it no matter how the market moves, BTC investment is more profitable when invested for long term.

There is more high level of gain in BTC compared to any shiltcoin that can failed out of market at any time before many are fake project already which don't withstand the market pressure.