The 2024 Bitcoin halving it's going to be my first time witnessing one. I came to know of Bitcoin in the year 2021. I have witnessed a bull run but not a halving. But as I have seen in the past data, in the previous Bitcoin halving , the market experienced a bull run after each of them. As far as I know, after every event there was a bull run. So we can expect to see another one after the upcoming halving.
This is going to be a whole new experience for me. I still don't know if I am ready for it or not. Let's see what happens. I am very confident about myself that I will be able to hold till I see the peak.
Topic: how many halvings have you witnessed? (Read 504 times)
Since I started my Bitcoin journey till date, I haven't witnessed any halving but the bear and bull market seasons I have experienced and it took all grit to hold back the tears of spot trading at a wrong time like during the bearish seasons.
There's also the fees fluctuating duration these days I experienced and it affected trading pairs and conversion rates/fees between exchanges and P2p.
The halving am looking forward to isn't far from now, and by April/May 2024, we can know exactly how the outcome of the halving will be. No doubts about the expected bull run after the halving, am more glad I am going to witness it as a Bitcoin enthusiasts, investor, trader and a Bitcointalk forum member most importantly.
There's also the fees fluctuating duration these days I experienced and it affected trading pairs and conversion rates/fees between exchanges and P2p.
The halving am looking forward to isn't far from now, and by April/May 2024, we can know exactly how the outcome of the halving will be. No doubts about the expected bull run after the halving, am more glad I am going to witness it as a Bitcoin enthusiasts, investor, trader and a Bitcointalk forum member most importantly.
I have witnessed only the halving of 2020. I was just starting out my journey. The price increased very high and some of the coins I have bought, I have paid higher amounts than today's bitcoin exchange rate. But, in every halving, the price has gone up. It's normal, since the supply decreases and thus the coins' availability is lower.
The crypto market has seen three good halvings, and each of these halvings sparked a bull run months later. The crypto market will experience its fourth halving in 2024, and it is anticipated that what happened during the previous halving will repeat itself in the upcoming halving season (2024).
I'll experience my first halving and bull run in the years 2024 and 2025. According to what I have read or heard about the halving season, there has never been a halving without a bull run that followed a few months later. By next year, we will see more of the same.
I'll experience my first halving and bull run in the years 2024 and 2025. According to what I have read or heard about the halving season, there has never been a halving without a bull run that followed a few months later. By next year, we will see more of the same.
In the three previous halvings, the bull season took place some time after the halving and what we expect is that history will repeat itself again. But in the end, it's just our prediction and expectation, we have no evidence or anything to guarantee it will definitely repeat.
Yes, I don't want to disappoint you because it will be your first time but you need to plan further. For example, if bull season comes much later than we expected or there will be no bull season after that. What will you do and continue to wait or leave the market...? You should have a plan for those things.
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
So far, I witnessed two halvings. The first one was in 2016 right when I joined the crypto world, back then I had no idea what halving is and I also didn't really follow the crypto prices closely. For me bitcoin was just another currency with which I could transfer money around in online games and take profits in my CSGO skin trading. All my coins I converted back to Fiat money, so I also didn't notice if there were any big price movements in the bitcoin price due to the halving. After a break from cryptos I came back in 2019/20 and that was my second halving I witnessed, but I didn't notice any huge price movements. Now I am really looking forward to 2024 and what the halving is going to bring to the Bitcoin market. My idea is that the price is not going to move in the short term, too many investors are expecting a price increase and there won’t enough new buyers to push up the price. And even if there would be a small increase in price, I think that many investors would like to take some profits, pushing the price back down again. It’s going to be hard to have big upswing when so many investors are believing the price is going in the same direction. All the buyers that would like to add to their Bitcoin holdings would be buying before the halving and not right after it. That is why I will remain cautious next year and rather keep holding my coins.
Take a look at this; the chart below is sourced from Google and appears to encapsulate what you've been inquiring about all this time.
There have been three Bitcoin halvings so far, and yes, post-halving, we've witnessed a bullish market for approximately a year. While this data is history-based, and everyone regards it as a template for reaching the next all-time high (ATH), it's crucial to remain cautious because the market's movements are truly unpredictable.
Everyone assumes that the next halving will usher in a new Bitcoin ATH. Only time will provide the answer, and the tangible evidence will be our own eyes to witness whether it truly materializes or not.
There have been three Bitcoin halvings so far, and yes, post-halving, we've witnessed a bullish market for approximately a year. While this data is history-based, and everyone regards it as a template for reaching the next all-time high (ATH), it's crucial to remain cautious because the market's movements are truly unpredictable.
Everyone assumes that the next halving will usher in a new Bitcoin ATH. Only time will provide the answer, and the tangible evidence will be our own eyes to witness whether it truly materializes or not.
There has been three bitcoin halving. After each halving, bullrun followed it. With how the price of bitcoin has been increasing, it is evident that only reducing mining reward can not do it, increasing demand is another reason. The mining reward is reducing, but the reward is still adding to the circulating supply and the effect is reduction in price, but in a way that it is not significant. The demand will increase the marketcap and increase in the marketcap means increase in the price of bitcoin.
Right now, I've already halved twice, and third next year. In the first halving year of 2017, I experienced a profit there somehow, but in 2021, I was not able to keep up and set aside because at this time we were still in recovery from the pandemic era.
I hope this upcoming halving I will experience a good profit again, although I am already accumulating cryptos, which I think can also follow the rise in the value of Bitcoin to be honest, and I can still accumulate via dca just like some people do here anyway.
all of them.
the 1st was the most fun as no one really knew how it would work out with miner profitability, hash rate and price. and people turned on just about anything that could hash to try and solve that block. iirc it was solved by a small miner on a midrange gpu.
the bull run that happened after the 1st halfing sorta set the expectations for the others. and so far every halfing has been followed by a new ath, and then a pretty good dip afterwards. repeat each halfing as needed.
just be aware that doesnt mean btc wont crash and burn this time around though. past performance and all that.
the 1st was the most fun as no one really knew how it would work out with miner profitability, hash rate and price. and people turned on just about anything that could hash to try and solve that block. iirc it was solved by a small miner on a midrange gpu.
the bull run that happened after the 1st halfing sorta set the expectations for the others. and so far every halfing has been followed by a new ath, and then a pretty good dip afterwards. repeat each halfing as needed.
just be aware that doesnt mean btc wont crash and burn this time around though. past performance and all that.
The crypto market has seen three good halvings, and each of these halvings sparked a bull run months later. The crypto market will experience its fourth halving in 2024, and it is anticipated that what happened during the previous halving will repeat itself in the upcoming halving season (2024).
I'll experience my first halving and bull run in the years 2024 and 2025. According to what I have read or heard about the halving season, there has never been a halving without a bull run that followed a few months later. By next year, we will see more of the same.
I'll experience my first halving and bull run in the years 2024 and 2025. According to what I have read or heard about the halving season, there has never been a halving without a bull run that followed a few months later. By next year, we will see more of the same.
To be honest this upcoming BTC Halving, Will be the first halving I will be experiencing since knowing about Bitcoin. But with the little knowledge I've about BTC halving, is that previous bitcoin as bought up a bullish momentum in the market.
The halving in 2024 is going to be the first one I witness with bitcoins in my wallet. The previous one that happened 3 years ago, while I was aware of it because it was all over social media, I did own any Bitcoin. I don't think I felt bad because I had not grasped what the whole halving was all about. But right now with the amount of information I possess about it, if it meets me unprepared, I'll be so pained.
This will be my third in 2024 & I can’t wait. It might not always make the price moon, in years to come when bitcoin is a more mature asset it may have less affect on the price. For now though, the reward halving is still a significant enough reduction to cause a supply shock which then sends the price up. Obviously when we are talking fractions of a bitcoin per block reward, the halving could have less of an affect. I think we will rally hard from the last half of 2024 to end of 2025.
The highest so far that has happened is three and this coming one will make it four, I've witnessed one already and next year halving will be my second, part of the interesting things to write about this event is the massive rise in the market, whereby many bitcoin investors have the opportunity to make profits from what they have Invested over time, this also extend to other cryptocurrencies as well because the market rises except for shitcoins.
Halving is something that happens online, and Bitcoin price is monitored online as well. So, in my opinion, being involved with Bitcoin during halving does not provide any special knowledge regarding the price dynamics and the potential halving impact. There's everything available online, and people can't know more than more by the virtue of following the events when they occurred.
This thread has a discussion of Binance CEO's observations about halving, and I checked all the things he mentioned and can confirm that I found them accurate, even if not presenting a full picture. I personally have been around for 2 halvings, the one in 2024 will be my third.
This thread has a discussion of Binance CEO's observations about halving, and I checked all the things he mentioned and can confirm that I found them accurate, even if not presenting a full picture. I personally have been around for 2 halvings, the one in 2024 will be my third.
it doesnt matter how many halving have we witnessed , instead what can we do before the halving comes .
accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
The halving cycle often occurs once every four years and in general there are not that many because I personally have only seen the halving twice and next year's will be the third time for me although for other people it may be more than that. So as before I also implemented a buying strategy before the halving happened and now it's the same way because now is a big opportunity for everyone to continue buying before the halving because when the increase is happening it will definitely be difficult to buy because you always have to use more capital.accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
first one because of not that interested completely , i only got mine from signature payment in which I keep spending each week payday.
not until the 2017 Bull that i manage to gather good volume so I can say that its the best halving for me.
and now we are months afar from the other one , hoping that i will generate x3-5 from my buying amount.
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I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I only began investing in Bitcoin last year, so I haven't seen any halvings before, but I have close friends who have, and during the most recent halving, I was with them when they predicted that the price of Bitcoin would start rising, and in some months I saw that truly, the price started increasing gradually when I was learning about Bitcoin and cryptocurrencies in general with them. However, I didn't have money to invest at the time.According to my understanding, the primary factors contributing to the ongoing increases in the price of bitcoin are the fewer new bitcoins being produced , which can raise demand, as well as the fact that demand does grow after a halving happens.
This is going to be my first halving experience. I have read that historically the prices of Bitcoin increases such that you should expect a bull run after the event. But every halving is different. During the last halving, there were no etf's applications, institutional interest in Bitcoin, political interest in Bitcoin and the recent innovations in Bitcoin. What we are doing is just hanging on and hoping that history will repeat itself and be favourable to us as always.
Even though you have never experienced a bull season before, your perspective on the market is very good, completely different from others. people just cling to history and insist that everything will repeat itself. People ignore other factors such as the popularity of bitcoin, large companies entering the market, especially the world economic situation...all of which are not the same as history. therefore, it is difficult to predict what will happen to the market, we should not be too subjective because history does not represent the future.
Piece like this will help calm people’s anxiety, the truth is always bitter they say but it’s better we reduce our level of anticipation and do what we can do maximize our profit. Thank you so much this is actually relieving.
I can see many people focusing their certainty on Bitcoin pump after the halving, I wasn't here in 2012 halving and that's the only halving period I missed in the past, I noticed that Bitcoin gain momentum some months later after the halving, so if you are thinking that Bitcoin will spike after the halving you are going to be disappointed, all I can say is bear market can be very hard, I believe 2024 will be the hardest part of the bear season where many people will give up.
I am simply emphasizing on what has happened before, and I believe it will happen again, maybe people will get tired of holding, and many will take their losses and move out of the market, the momentum always returns when people don't expect, and that's where big investors will start coming back into crypto, I missed making the biggest gains in 2021 I believe I never made enough and I won't let this change slide again.
If you are smart you will keep DCA into Bitcoin gradually, as we are now in a crossroads where we don't know which way Bitcoin will go next, instead of trying hard to know it's better to be prepared for anything, keep buying Bitcoin as time goes by is the best investment strategy.
I am simply emphasizing on what has happened before, and I believe it will happen again, maybe people will get tired of holding, and many will take their losses and move out of the market, the momentum always returns when people don't expect, and that's where big investors will start coming back into crypto, I missed making the biggest gains in 2021 I believe I never made enough and I won't let this change slide again.
If you are smart you will keep DCA into Bitcoin gradually, as we are now in a crossroads where we don't know which way Bitcoin will go next, instead of trying hard to know it's better to be prepared for anything, keep buying Bitcoin as time goes by is the best investment strategy.
I think it’s high time we face reality, I won’t lie I’ve also been expectant too but at this point I just need to stop making countdown for the bull run so as not to get disappointed at the long run. Thank you so much for this, it’s really going to help me prepare my mind. Talk about the DCA, I really don’t know how to use it, does it run by itself automatically? just like the Bitget smart portfolio that helps to rebalances positions within a user-selected portfolio and also ensure a constant proportion of each coin is maintained.
Please let me know how to use it.
This is going to be my first halving experience. I have read that historically the prices of Bitcoin increases such that you should expect a bull run after the event. But every halving is different. During the last halving, there were no etf's applications, institutional interest in Bitcoin, political interest in Bitcoin and the recent innovations in Bitcoin. What we are doing is just hanging on and hoping that history will repeat itself and be favourable to us as always.
Even though you have never experienced a bull season before, your perspective on the market is very good, completely different from others. people just cling to history and insist that everything will repeat itself. People ignore other factors such as the popularity of bitcoin, large companies entering the market, especially the world economic situation...all of which are not the same as history. therefore, it is difficult to predict what will happen to the market, we should not be too subjective because history does not represent the future.
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I only began investing in Bitcoin last year, so I haven't seen any halvings before, but I have close friends who have, and during the most recent halving, I was with them when they predicted that the price of Bitcoin would start rising, and in some months I saw that truly, the price started increasing gradually when I was learning about Bitcoin and cryptocurrencies in general with them. However, I didn't have money to invest at the time.According to my understanding, the primary factors contributing to the ongoing increases in the price of bitcoin are the fewer new bitcoins being produced , which can raise demand, as well as the fact that demand does grow after a halving happens.
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