Quote from: KarlKanKarl on February 25, 2020, 10:51:37 AM

There are times I will sit down and think about bitcoin halving and when cryptocurrencies will reach new all time high. The last time it happened was in 2017 for strong cryptocurrencies like bitcoin.

There are only 21 million btc to be mined. And, only 18,236,512 btc has been mined. Only 2,763,488 btc remaining.

I am just thinking that with the little remaining bitcoin, can the effect make the price of cryptocurrencies to reach new all time high. It sounds impossible to me but I know that the price will increase but may not reach new all time high.

So, something not seen yet can be the reason why cryptocurrencies can reach new all time high such as people anticipation. Like I am anticipating, I have invest in 0.4 btc. Some people will also do as I did.

The second thing that can cause it is the increase in the price. Some people that know how to analyze crypto market will still see that the price will increase and therefore invest and make the price to continue to increase.

The third thing I believe can make the price to increase are fomo people. They will see everyone investing and they will also invest for not to miss the great benefit.

This is what I think about cryptocurrencies this year and next year because this process will extend to next year as I analyzed it. You people can also make contributions to know if we should invest more on cryptocurrencies this year.

Yes it is possible. We only need to wait because right now we faced a pandemic that affect our lives. But like before it will reach all time again. We need to be patient an be informed in everything.

Kanda Yu

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