Quote from: tygeade on May 15, 2024, 05:22:53 AM

Quote from: enwi on May 14, 2024, 09:20:35 AM

When we look at the history of bitcoin price movements after the halving, the price usually increases, but this year it seems very different, the FOMO that bitcoin gives traders means that the price of bitcoin has already made a new ATH before the halving occurs. If we still follow the history of bitcoin price movements, it is possible that next year there will be a bullrun and bitcoin has the potential to reach a new ATH again.

This shouldn't be really an issue, and we could consider the deal as something that will take some time. Of course it is not that clear if we could make money right away, but I think it is going to do fine, which shouldn't be really that much of a situation that is easy, because we should probably see the changes to be a lot more important given enough time but while waiting a lot of people will end up not realizing what kind of benefit we are going to have.

This is why it is going to be a lot of trouble for people who do not know what we are going to do, and because of this we are going to face some people selling earlier than they should, this main reason will cause a lot of trouble for people who do not understand the complete situation we are in right now.

Trust and patience are really what we need when vesting in Bitcoin. But having a lack of knowledge about this will certainly be full of uncertainties and not knowing what they will do next.

Until now, we are still not sure if we have already reached the ATH or not. We believe that history repeats itself and we assume that ATH will come next year but seeing the current situation, we might not know if we already missed it. But we can't lose hope and remain patient until the day the bear season starts again and then say it is over.