Ninjastic
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Re: Bitcoin Bullish period and advantage.
by
laijsica
on 10/09/2024, 17:13:49 UTC
Quote from: piebeyb on September 09, 2024, 04:05:02 PM
Quote from: justdimin on August 23, 2024, 07:02:01 PM
Quote from: Iranus on August 22, 2024, 03:11:26 PM
With the previous 3 halvings, the market has gone up and bitcoin has increased thousands of percent after each halving, and I still hope history can repeat itself again. But to be fair, we have no guarantees that the cycle will repeat itself again, and the halving will still be a factor in bitcoin price increases. For now, we're still waiting for that to happen, but there's no guarantee so I don't think we should claim that just holding bitcoin after the halving will make everyone profitable.

I hope 4 year cycle repeats but I don't rule out the scenario that it probably won't happen because we saw bitcoin hit an ATH before the halving and that has never happened before. Things are gradually changing, so don't be too subjective.

But I agree with you that holding for long can help us profit because bitcoin demand is increasing over time even without halving.
There was never a guarantee that the cycle will happen, not now and not ever but it did happen before and I believe that we are going to probably see it again. Not everyone will invest based on that, there are times when it is not that clear and we could have some issues with time, but that doesn't mean that we are going to end up with the same result each time. We need to remember that it is going to be a hard period because it's clear that we are not going to make a profit based on a new cycle, that is very hard to happen.

What we are going to do is a situation where it will definitely go up just like the old days and we are going to make a profit like that. If you keep on waiting for something new to happen, then you might be wrong and that may not result with what you want to achieve. However, if you do end up investing into it like you want to invest into it, then the results will be a lot better and you could do something much greater, because it has happened like that before and could happen again.
I often discuss about the 4-year cycle where every halving of course the supply of bitcoins printed will be less from the mining results because that's why the increase in the price of bitcoin often occurs after every halving, I think we all know that this cycle will definitely happen again but no one knows when it will happen whether now or next year, even so everyone must be ready to accept all risks if this cycle does not happen again, always make sure that people must also understand that investing in bitcoin cannot bring quick profits, this investment is full of risks and must be long-term.
Exectly. An investor should tailor his investment plan according to Bitcoin's four-year cycle and focus on holdings accordingly. The halving trend can cause volatility among investors but if an investor accumulates bitcoins at regular intervals, he can avoid the fear of bitcoin halving. The three-week cycle following Bitcoin's halving is called the danger zone. Bitcoin's downtrend continues to lead to historical re-accumulation.

When it comes to investing in Bitcoin, you can check the greed index and the fear index among investors.



Popular crypto analyst rekt capital analyzed the halving and Bitcoin price in his X post as below:


https://x.com/rektcapital/status/1833257390944248038