The reality here is that for a while Bitcoin started to sound like a broken record. Huge investor inflows into ETFs could drive up Bitcoin's price. Again, although the flow of ETF-investors has cooled somewhat, the momentum of capital in cryptocurrencies is considered to be increasing. But don't worry, we've seen this story before with Bitcoin. And experienced cryptocurrency investors know this has happened to Bitcoin before Again the price of Bitcoin is not going up, even if it plays an indirect role for ETFs, the main reason is that you have retail and top buyers investors like me who are not institutional investors, you will notice that retail investors are increasing their holdings in Bitcoin. As time goes by we can expect more institutional investors to start buying crypto.
We need to go back to what we invested for in the first place. Do you just want to see the price of bitcoin increase rapidly in a short time or want to see progress for the long term. What bitcoin is doing right now, i dissagree if it is said to be a broken record just because some people think that Halving and ETFs will make bitcoin jump quickly and take advantage by getting out of bitcoin because it is considered profitable.
ETFs and Halving are only a small part of the events we face in bitcoin so there is no need to feel that bitcoin is failing and like a broken record just bcause your expectations do not match the expectations that occur.
We are not making a trade that only thinks bitcoin will be able to accelerate in a short time because what we are aiming for is a longterm investment that really wants a situation where we have financial freedom in the future with bitcoin . Its just that most people especially for beginners, are too referring to ETFs and halvings that have occurred and expect bitcoin to jump and get instant profits but they dont realize that investing in bitcoin is not like that in terms of concepts.
Halving is indeed an important part of bitcoin. The problem is that the topic isn't properly being put into a coherent context. Coinbase transactions matter and if the coinbase rewards decrease, it entails a whole array of discussions regarding miner rewards, fees and how to maintain the incentive structure such that bitcoin will be sufficiently supported by miners in order to keep up its current level of security. Less hash power, less security. Less rewards, less miners? Answer, higher fees? > Less adoption?
This what the discussion should be about although not in this thread. But it does make sense to discuss these things regardless as the thread title contains the term "HODL". The question is, is it worth HODLing bitcoin? My answer is yes as there is technology in the pipeline that can address some of the issues coming up with decreasing coinbase rewards and required increase in adoption to generate more transaction fees, more incentives for miners to stay in business. Adoption should go hand in hand with decreased selling pressure and increased buying pressure. If Lightning network allows for micro transactions at scale one day, velocity would increase but probably still reduce selling pressure. There are people who want to HODL, and there are people who want to use it for various purposes. But the network needs to remain secure and that is why the halving debate and its implications makes sense, but not from the point of view that people could think bitcoin goes through the roof naturally every the block reward is cut in half. That is nonsense, but it has manifested itself in the brains of most newbies and those being naive.