Topic: Bitcoin halving countdown - page 2. (Read 637 times)

I missed investing in Bitcoin in the previous halving cause then I didn't got as much knowledge of Bitcoin and the bull run like I do now, I think back then i was busy saving fiat in the bank instead of investing it in Bitcoin like others, ignorance they say is really a disease. Well I'm really impressed of the knowledge I've managed to gather here concerning Bitcoin and other cryptocurrencies as well.

 But what I'm not really impressed about is the fact that due to some financial challenges i encountered earlier, I wasn't able to invest heavily and with the current drop in price before the halving I'll miss an opportunity to profit more, well I'll try my best to prepare very well for the next halving after this.

 Anyways what excites me is the good knowledge and information I've got concerning the bitcoin halving and it's circle, coupled with the little I invested. Also anyone that's not taking advantage of the dip currently, maybe doesn't know about crypto or have the funds to buy more coins, cause I don't see why one would be financially strong enough to seize this opportunity and refuse to.

If you approach bitcoin with such mentality that an event can cause you to be wealth then you might be disappointed, bitcoin from time to time has proved to be unpredictable and can go either way, as an investor you should be prepared for either up or down when investing in an asset like bitcoin, yeah the halving has been mostly anticipated to bring the bear in full, but come to think of it what really would cause the price to soar if not more demand and less supply, so with more money flowing in, more persons would want to hold, but what happens after the halving if nothing great happens or if bitcoin doesn't soar as expected from many, most of you would start to sell.

My point is don't invest because if short term gains, its better to invest for long term than short term, and your whole post shows that you are expecting some serious price increase from bitcoin to make huge profits for the short term.

Reading your message what it feels like is “If smokers are liable to die young, why are you letting people smoke the cigarettes anyways?” Just because I support Bitcoin as a currency than how the mass sees it doesn’t mean that I can’t converse about it unless it’s currency-wise. You are not in my wallet to know if I’m hoarding to make profit or if I am using it as a currency, so you can’t make assumptions. Predicting Bitcoin ATH means that it shouldn’t be used as a currency? You’ve left me more confused than you are, fam.

I do talk about it as an investment (which it can be), but I don’t fail to recognize why it was created. Why is why my last sentence wasn’t saying that OP must look at it as a currency but that he shouldn’t look at it as just an investment but as a currency too. I converse peacefully.

Well even though there's no significant changes happen on bitcoin price which many people look forward that there's something big to happen after it approves still this is good development since we can see bitcoin legally traded. Maybe we can't see the effect for now but for sure maybe in future it can generate some good changes especially if those traditional investor will start to notice about how good bitcoin to add as their alternative asset. This halving maybe we can't expect something big but for sure there will be good changes to happen since many people are still positive for some hype that could possibly move the price of bitcoin in the market. If they continue to think negatively and be disappointed at earliest part of this season maybe it can affect their investment decisions towards their bitcoin holding if there's still left in their wallets.

Here we refer to a Bitcoin halving as the completion of a four-year cycle, and around this halving each Bitcoin's price record is set. And currently 2024 is the halving year at this time investors are investing in bitcoins to increase their wealth. Because getting married will definitely benefit his money, because every halving bitcoin has created a new record. There are records from history like 2020 halving bitcoin price was very low and in 2021 the highest benefit was achieved and bitcoin price was recorded till after 69k dollar. So after 2024 halving in 2025 bitcoin price will make the highest record. That's why investing in Bitcoin is one of the best strategies.

Everything takes time to have an impact, such as when there was news that ETFs was approved and bitcoin did not increase in price immediately after, leaving many people disappointed and discouraged. At that time, many people constantly complained because things did not go as they expected. I think those things will happen again because most expect bitcoin to increase immediately when the halving is triggered. And of course again, things will not go as many people are thinking and they will continue to whine and be disappointed….and that is what market makers want to see.

I think the Op is only spilling about the halving awareness which definitely can not be manoeuvred by Investors as it may be part of every circles of 4 years in the space of Bitcoin activities.
Moreover, lot of investors has actually been expectants hoping on the halving to come so that they could buy more of Bitcoin in addy to their assets values.

It would really be a bittered resultant if investors who may think that the Shortcut of them to easily buy and accumulate much values of Bitcoin in a cheap rate by the halving would get them chances of a quick approach to getting quick rich.
That would only foster you the potentials to get rich but the matter of time which could take a long miles and while should not be compromised to be very brief to get quick rich so, that absolutely is not a time for a quick richness.

The fumes of wondering why the price of bitcoin has not yet slashed to the pool of the halving could be that the 210, 000 blocks as required to be mined in the every 4 years that would linger the halving has not been mined yet which could cause the delays of the full down to the halving and why we still have the Bitcoin price within the range of $60K +.

The last halving was experienced around the month of may and we should not be surprised if the halving did not take its place this April as speculations can also influence when the halving would actually take place.

This is close to halving, store more coins and ensure you're going for promising one. We have our rising moment and down time in the system, in whatever cases, we should always push for brilliant results in all round figures. We have advantage of earning huge profits from the system, we just need time to exercise patience and having a presentable profitable outcome is our target. The halving will happen in days, we should be ready for the bull run and ensuring we've grabbed good entries on these projects earlier before now.

If this is your first halving then you are in for a ride, the bull run that appears soon after it is unbelievable, as when the market is at the top we can get several ATHs during the same week and that is just incredible, however you need to also keep your emotions in check, as at the time it may seem as if the bull run is unstoppable and the market will grow forever, but just when you start to think that way, that is when a correction may come which could stop that growth and it could be the first sign that a bear market is now close to appear.

The Bitcoin halving is indeed in a matter of days, but for people who are waiting for the moment to see the increase, I don't think it will happen instantly. This means that some perceptions regarding halving are a little skewed in that they think they will immediately see a big spike in the market, Kadi needs to be straightened out. Considering the decline that occurred, you should have taken advantage of the discount price if you think the halving process will provide profits and don't hesitate to buy more.

Even if the price of Bitcoin pumps, one should still buy. Large investments would be more profitable on the short run, if one has enough money during and after the halving event. Why we however often advice investors with not as much a lump of money, is to DCA from now for a duration that may be up to a decade.

I anticipate the halving more because it is actually my first experience since joining this community and learning about Bitcoin as well as other crypto currencies in general.

It's every 4 years so yeah, maybe in terms of waiting and preparation, it's like Olympic games or somethin and so everyone is excited. And in the last halving, I don't think that there is a party or celebration as we are in the lockdown already.

So it's like 620 blocks away, but the bad thing is that the mempool is congested again, fees are going up, because someone wanted to "rune" it for this year,  .

Current price is $63k, and let us just be positive and say that still a bargain price before the halving itself.

I will try to follow the party in the EU. The Bitcoin Film Festival 2024 and European Halving Party in Warsaw, Poland.

The halving is a cool event, like the Olympic Games or something.
BTC>

Should buy, if you already know that bitcoin will rise after halving. In the next few months.

In reality there are still many people think that way where bitcoin is a get-rich-quick scheme by investing now and then hoping for a quick increase, this is not so instant they have to patiently wait longer and don't know when the time is but the cycle always repeats history again.

When people expect faster returns, but because they are impatient, they sell not at the highest price.

The $73.7k level will soon be broken again or even more than that, this is what I think.

Bitcoin is very much unpredictable mate. No matter how attentive to charts we are or how technically we are inclined, things must take us unaware sometimes.
Who has thought that ATH will happen before halving;
Who thought big dip will happen after ETF approval;
Little did we know it was preparing for higher move;
I won't be surprised if there's no correction after halving;
There's a big change in the bitcoin ecosystem, and it seems a new standard wants to emerge. To be on a safer side, you should have been DCAing from 2022.

Yes we are, because bull runs are the time for us to sell for greater profits. Bull run can only come rarely so we are ensuring our selves that we will get the best out of it by the time it arrives. Other than the bull run, we also have another positive event called Bitcoin halving which can have the same effect. This is great because hodlers can profit twice this year. It's a nice comeback over the past bear years that we experienced.

We know ourselves. If we are not buying enough coins, then yes we are slacking over these opportunities. I still believe that many people are not like that, so you are right with your presumptions there.

I bought enough bitcoin to hold, I won't buy any more even if bitcoin corrects and drops further. I have my reasons and I'm not comfortable stating them. So what I expect is that bitcoin will continue to rise and will have a new ATH this month or later in May. Even though bitcoin is correcting, I have not changed my view.

But I have advice for those who have money left and want to invest in bitcoin, I think you should buy as soon as possible because after all, bitcoin is very unpredictable.

It is very known that every halving and its bull run season always gives birth to a set of wealthy people who learn to accumulate bitcoin through DCA strategy and also sell at a very high price.

The halving is what comes every four years, missing this opportunity to become wealthy through it, is what someone would wait for another four years before they can make it big in crypto.

I am excited about, this is my first halving experience and I think I will be among those who will earn big in bitcoin during the bull run because I have accumulated a lot of bitcoin at a discount price, waiting for my set price to reach so that I sell some part of my bitcoin for profits.

If you consider bitcoin a currency, why are you giving OP investment advice? More importantly, are you using bitcoin as currency and are you using it for everyday payments? Or are you still investing in bitcoin and still expecting it to increase to make a profit? Stop fooling yourself and everyone else, you are using bitcoin to make profit but on the other hand you are advising others to use bitcoin as currency. Is this fair? You consider bitcoin as currency but you still predict its price and ATH, you really confuse me  .

If you are just simply holding then maybe yes you might not become super wealthy however if you take your profits from your previous investment then go ahead and invest it again then I think you can make serious money and soon be wealthy