Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Bitcoin is not natural and any artificial things does not last long, it has a lot of vantage and also has a lot of penalty, just because someone invest on bitcoin does not mean that they hinge on it, the venture that is roaming around about bitcoin as become something that is disheartening some people from investing on bitcoin, earning a lot of profits in bitcoin make everyone to be enthusiasm.
As a Bitcoin enthusiast you suppose know say bitcoin na volatile currency.De volatile means say the price of Bitcoin no stable,at one point e go increase and decrease,so na traders dey time the market wen the price high so dat dem fit sell to make quick profit but for the holders dem dey accumulate BTC for long period of time and when the bull run season reach which go give huge return dem go sell.Person wey know wetin ehn dey do no go dey follow misleading informations online,all those bloggers wey no even dey into BTC dey really mislead newbies well well.Now halving don pass most bitcoin enthusiast dey expect de price to high in an twinkle of an eye no be so oh after the halving e go take some months before the price go increase.
It is rumormongers that are posting fake news saying that immediately after Bitcoin halving the price of commodities rise higher, and that discourage people from investing with bitcoin, they believe does fake news without any futher investigation, and some traders are so greedy, they will be hoping that the price of things should rise higher so that they should make a lot of profits.
but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.
Exactly my point, this is what am trying to explain, people have a lot of time to plan a good budget before the increase take place, it is the newbies that haven't familiar with the bitcoin halving by now, but the high ranked members have get use to it.