Post
Topic
Board Speculation
Re: Bitcoin Bullish period and advantage.
by
Iranus
on 12/09/2024, 07:53:40 UTC

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.



That's what I want to tell people: invest in bitcoin with a long-term plan, don't rely too much on the 4-year cycle because there is no guarantee that it will repeat. This is a mistake I see everyone making, both old and new investors, people are too subjective and claim that history will repeat itself again and have no backup plan. Many people are so optimistic about the 4-year cycle that they invest money they cannot afford to lose, or many long-time investors are giving investment advice to newbies based on a 4-year cycle while they themselves have no idea whether that cycle will repeat itself. Which is alarming rather than commendable or proud.