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Topic: We All Know, The halving time will be full of drama - page 3. (Read 1568 times)

hero member
Activity: 798
Merit: 702
It's been its rhythm every time lol. From 2012 up until the last halving which was 2020, things just conspire somehow to fuck with bitcoin's value for the meantime and then all of a sudden it bounces back anyway. This time will not be different I'm pretty sure of it so people should brace themselves up for a bumpy ride. People are already mobilizing with various crackdowns on cryptocurrency and bitcoin overall and I wouldn't expect these things to stop any time soon. As for the halving I'm not sure where it would lead us as there's no definitive reason that would drive the value of bitcoin to the moon other than the fact that it is halving. It's good enough but we'll need something sustainable to keep the bull run from going for as long as possible, otherwise we'd just be disappointed come 2024 when bitcoin's price trend couldn't match our expectations. 

It's all Just happening from time to time, yea, I hope we all could be strong-minded and don't give up to fudz when it will come, because it seems like on or before the halving, there are always some sort of centralized entities cooking up something that they always use to break the people from becoming stronger holders. They are into some cheap panic sellers, which usually results in a price dump. I believe the crypto community is now half a century wiser and is all prepared for the worst.
 
But to some point, I also do believe that all this funny drama happening around Bitcoin and its prices contributes to the growth of Bitcoin and the level of trust it has gained from its believers, as many racists have now turned out to be saying good things about it. as they have finally found out the potential that Bitcoin holds.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
So far we have had three halvings, and the fourth is fast approaching, and funny enough, we always do have some sort of crisis, or will I say some price dump, on or before the Bitcoin halving, which usually drops the price of Bitcoin drastically to its lowest level compared to its ATH.
 
1. As we know, the first halving happened in 2012, and during this time, the price dump happened just a year before the halving, which was In 2011, when the price fell from $30 to $2. And this was as a result of the Mt. Gox exchange hack incident, in which a total of about 850,000 Bitcoins were stolen.
 
2. The second one was 2016, and the price dump was in 2014. After the price pumped in December 2013 and reached a new all-time high of $1200, the next month, January 2014, the price fell below $550, and this was as a result of the Announcement made by China, who have always been against crypto, which states "Bitcoin was not a currency and could not be used as a form of payment."
 
3. The most recent halving occurred in 2020, which was the one I experienced, but before the halving, the price had already reduced from its all-time high, which it achieved in December 2017, which was about $20k+, but within a period of a year, there was a global regulatory attack on ICOs (Initial coin offerings), just as the SEC is attacking Security tokens. Back then, the regulators requested exchanges comply with what they called "Anti-money laundering (AML). This, I believe, was when AML and KYC became mandatory for most of the centralized exchanges out there. The pressure that came with this resulted in the price crash from $20k+ to its lowest of $3,500 in December 2018.

It's been its rhythm every time lol. From 2012 up until the last halving which was 2020, things just conspire somehow to fuck with bitcoin's value for the meantime and then all of a sudden it bounces back anyway. This time will not be different I'm pretty sure of it so people should brace themselves up for a bumpy ride. People are already mobilizing with various crackdowns on cryptocurrency and bitcoin overall and I wouldn't expect these things to stop any time soon. As for the halving I'm not sure where it would lead us as there's no definitive reason that would drive the value of bitcoin to the moon other than the fact that it is halving. It's good enough but we'll need something sustainable to keep the bull run from going for as long as possible, otherwise we'd just be disappointed come 2024 when bitcoin's price trend couldn't match our expectations. 
full member
Activity: 840
Merit: 188
I was start my bitcoin investment since long time ago and I was experience that so many time. I think it is important to always trust to bitcoin and it's advantage compared to fiat. by having a strong believe that bitcoin will be used by many more people in the future because of it's advantage, people will not easily afraid to FUD. the biggest problem about money that hit us directly as citizens is inflation, I feel the price of daily necessities are rise too high, although government say that the inflation is 5.5% but I don't believe it. Usually, I buy some snacks in minimarket and spent roughly $2 and I can get 4 snacks, now I only get 3 snacks. this halving event is really good for us as citizens, because it can make our money value increase.
full member
Activity: 1582
Merit: 132
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It looks like it will. Because everyone was hoping as before if the Halving was the main opener before the bullrun happened. And what will happen is sometimes not in accordance or in accordance with the expectations of all parties. From here, what if there are certain parties who don't want bullrun to happen? Does that mean the crypto market cycle will really change?
but if I still believe that Halving is one of the things that influence the market to be good and better then.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
Those who are spreading FUDs during every halving are those people that's been left out because they are always being hesitant buying Bitcoin when it was still on the dump season. So instead of congratulating those people that didn't doubt Bitcoin, they are trying to brainwash them by feeding negative thoughts.

Is China and US governments left out of buying or they decided they don't want to be part of this but still spreading the FUDs. Not only those that didn't buy Bitcoin are responsible for spreading the FUDs as the federal government has choosen this period to attack Bitcoin.

The federal government knows projects including Bitcoin will always have attention during this period so any bad news concerning Bitcoin will affect the market as investors would be scared and sell their coins instead of them to accumulate in preparation for bull market.

FUDs comes and goes so we shouldn't be scared when we see people or the government trying to create fuds in the markty. They have tried it before and failed aso instead of been scared, we should be strong and not falling for their dirty stricks to scare us from buying Bitcoin.
FUDs can drown out the noise. Despite the noise, its important to be calm. Could these governments be regretting their late Bitcoin adoption? Are they trying to influence the market?

Avoid FUDs. Bitcoin's tenacity should inspire admiration, not fear. Despite critics, it has innovated, persisted, and thrived. Instead of succumbing to deception, we should believe in Bitcoin's potential.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
Those who are spreading FUDs during every halving are those people that's been left out because they are always being hesitant buying Bitcoin when it was still on the dump season. So instead of congratulating those people that didn't doubt Bitcoin, they are trying to brainwash them by feeding negative thoughts.

Is China and US governments left out of buying or they decided they don't want to be part of this but still spreading the FUDs. Not only those that didn't buy Bitcoin are responsible for spreading the FUDs as the federal government has choosen this period to attack Bitcoin.

The federal government knows projects including Bitcoin will always have attention during this period so any bad news concerning Bitcoin will affect the market as investors would be scared and sell their coins instead of them to accumulate in preparation for bull market.

FUDs comes and goes so we shouldn't be scared when we see people or the government trying to create fuds in the markty. They have tried it before and failed aso instead of been scared, we should be strong and not falling for their dirty stricks to scare us from buying Bitcoin.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
Not only do we need to be patient, but we also need to take advantage of buying opportunities if the market continues to fall in the near term until the real bull season arrives.
Yes, I did buy with the DCA strategy, but it seems to need some mental arrangements especially if bad news comes often which makes us to sell the assets immediately. What are your though? how to arrangements it?


Once we have determined it is a long term investment and we are investing the money we can lose. There is no reason to panic when bad news comes and causes the market to crash. Like last year when Luna crashed and then FTX, I was mostly unafraid, and conversely, I'm excited with those black swans because they create the best DIP buying opportunity during bear season.
Given what's going on, it doesn't look like we're going to have another big crash, but if it continues, I'll keep buying, I don't see anything to fear if bitcoin falls below $20k again.
hero member
Activity: 1834
Merit: 879
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For me I don't like this halving because alot of people have high expectations on price to jump super high, and what tends to happen is when this day is approaching most cryptonians will buy and upon realizing price isn't getting to an all time high or something, then the dumping starts as they try to recoup their money back!

But on the positive side, the fourth having should be different because we have more crypto users today than ever before, and people could have matured from these buy and dump tendency as they have experienced  this phenomenon that's to come.
So generally the halving should have less drama this time around!
sr. member
Activity: 1008
Merit: 366
Those who already know this will always keep HODLING until all of this is over. This mostly affects the newcomers who are starting their journey. Or someone who has no control over their emotions. This could be an advantage for the traders. Market will be more volatile than other times, which could be a good time to make some quick profits. But if you are just HODLing, then forget about all those things and keep HODLing.
One's loss is another one's profit. This is how the market works. But we should not make the mistake of getting influenced by these FUDs and take reckless decisions. If you lack control over your emotions, this will be a great time to test that and improve yourself. As always, Bitcoin is a long term investment asset. We should just keep that in mind and hodl. Also if there are price dumps, keep some extra money to buy at that time. DCA will be a good choice IMO.
hero member
Activity: 1722
Merit: 895
Those who are spreading FUDs during every halving are those people that's been left out because they are always being hesitant buying Bitcoin when it was still on the dump season. So instead of congratulating those people that didn't doubt Bitcoin, they are trying to brainwash them by feeding negative thoughts.
Doubts will always arise even if they don't spread Fud and there is a lot of negative news that will continue to appear every now and then, because there people like that is really no conclusion regarding the selection of assets to invest. Bitcoin has shown a long process and many of us have also seen how its ability to survive in the middle of a recession, refusing to invest is an effort made by some people who do not have vision and the tendency of these people is caused by the ability to control risks that they do not have.

A person who is familiar with bitcoin knows how to behave in certain conditions and risk is an endeavor that can lead a person to the stage of financial independence. Holding will be a way and strategy to get big profits, depending on how someone tries to increase the amount of investment he makes.

Though, for me I always ignore those people since their opinion doesn't matter to me at all. What's important is that I always have Bitcoin on hodl for the biggest moment.
This is the reason that one must have experience in investing and if they are already involved it will not affect any of the conditions that occur. Bitcoin can always be counted on and there are many reasons why investing money in bitcoin is much more profitable.
full member
Activity: 1442
Merit: 116
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. Some of my friends sell their bitcoin to follow the moment and entering on XRP. I know it is such, Because indirectly dumps bitcoin price, but the funny thing is he's back to bitcoin when XRP go down back. So that circle always spinning around without adding the volume market.

your friend wants to get quick profits from what happens to Altcoins. unfortunately, if the decline occurs then your friend who returns to Bitcoin must suffer a loss.
Your friend was too hasty when he wanted to sell his Bitcoin, and clearly, he did not have a good investment plan.
if you want to get into altcoins in a few moments that occur. it's better to use other money, never convert Bitcoins that we already hold to altcoins in the hope of getting a pump quickly.
the moment that I have used so far is to place in bitcoin most of the capital I have, and for altcoins I do use it to diversify into several altcoins with smaller capital, when the bullish season arrives I will sell bitcoins and place some of the profits in altcoins that have not yet had a price reaction, but potential in my opinion, because sometimes bitcoin and altcoins move simultaneously. so for a bearish season like now I think placing most of your capital in bitcoin is the best choice in my opinion, and it seems unwise to sell bitcoins just to buy altcoins at this point
hero member
Activity: 826
Merit: 583
. Some of my friends sell their bitcoin to follow the moment and entering on XRP. I know it is such, Because indirectly dumps bitcoin price, but the funny thing is he's back to bitcoin when XRP go down back. So that circle always spinning around without adding the volume market.

your friend wants to get quick profits from what happens to Altcoins. unfortunately, if the decline occurs then your friend who returns to Bitcoin must suffer a loss.
Your friend was too hasty when he wanted to sell his Bitcoin, and clearly, he did not have a good investment plan.
if you want to get into altcoins in a few moments that occur. it's better to use other money, never convert Bitcoins that we already hold to altcoins in the hope of getting a pump quickly.
hero member
Activity: 868
Merit: 737
Not only do we need to be patient, but we also need to take advantage of buying opportunities if the market continues to fall in the near term until the real bull season arrives.
Yes, I did buy with the DCA strategy, but it seems to need some mental arrangements especially if bad news comes often which makes us to sell the assets immediately. What are your though? how to arrangements it?

Though, for me I always ignore those people since their opinion doesn't matter to me at all. What's important is that I always have Bitcoin on hodl for the biggest moment.
Someone who understands the situation like you will take it easy. What about the other?, especially another altcoin that come to rise and woke up like XRP several moments ago. Some of my friends sell their bitcoin to follow the moment and entering on XRP. I know it is such, Because indirectly dumps bitcoin price, but the funny thing is he's back to bitcoin when XRP go down back. So that circle always spinning around without adding the volume market.

You need to toughen up!!!!!!
Tks 4 motivated.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I am ONLY half way through this thread, but I felt I should chime in.

As an early adopter I don't think halvings and FUD are connected in any way. The "black swan" event normally happens months or even years before halving. Normally, the price right before or after halving has gone up significantly already. I think we have witnessed the lowest point this cycle already.
If we are often at The "black swan" event, surely we don't panic, but that effect does not apply for the weak hand which makes "the often people" sooner or later it will follow that fear, the talkative like this often happens following fud. this ever happened with me last year ago when ftx exchange collapsed which make Bitcoin price dump. Even I know this is the black swan, but I can't not hear screaming fud on everywhere which make me sold also my treasury. I am affected, even I know it will happen.

You need to toughen up!!!!!!

I think we have witnessed the lowest point this cycle already.
I also think so.

As far as drama is concerned, I think there will be little. The only thing is that until after halving and even when we are in the bull market there will be ups and downs, small dramas I would say. But the real drama would be for example that next cycle we do not have a bull market, that the price does not exceed the $69K of this cycle. Things like that, which are very unlikely to happen, but if they did happen they would be a real drama.

Yes..

Each of us who holds bitcoin need to be prepared for a variety of scenarios, and if we are not prepared for a variety of scenarios besides "my stash is going to at least double and perhaps 5x or more), then we are gambling rather than investing.

But hey do whatever, you like.  I prefer to prepare for either direction, and sure I am better off if the BTC price goes up, but I am also psychologically and financially prepared for more bearish scenarios, including downity scenarios.. or maybe whimpy sideways scenarios like you suggest could happen but you consider them to be low likely events.. which I would also think that sideways happens to be low likely because we are in a bit of a war.. that likely involves the largest peaceful transfer of wealth in history, so who of us should be expecting anything like that to happen without a bit of violence and perhaps some broken eggs along the way?

Without black swans like FTX or Luna, how can we buy bitcoin for $15k, and without drama between Binance and SEC, how can we buy bitcoin for $26k?
So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.

In free markets there is no reason to expect anyone to be fair or not to pull as many tricks in order to shake you from your bitcoins.

I just hope it would be fine. Fine enought to have less stress
You have to go to therapy to learn how to control it

Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.
The whales create FUD to control weak hand emotions, The whales know how to control their emotion. Because of that, the beginner before turning to the trading world must have knowledge of how to control emotions.  This is an important thing before, So if they know that, they don't need again trading knowledge, candle, chart or technical trading.

Sure whales likely have more experience than smaller players, but even whales make mistakes, and we saw quite a few examples of that in 2022.  In the future we are likely to have some countries getting rug pulled because they failed/refused to exercise enough due diligence.
hero member
Activity: 1218
Merit: 608
Almost forget with how many drama happen trough close with halving bitcoin time, FUD actually everywhere and SEC Commission try to make us or cryptocurrency holder are panic moment for selling our assets. But left 7 months before halving still not have indicated with FUD and some countries against with Bitcoin not announced yet they will banned all transaction kinds linked with cryptocurrency.
Keep calm and never panic what did or FUD make by SEC, countries against Cryptocurrency because halving is the great moment for bitcoin make new history price record. Keep holding our crypto assets and reject with all bad news publish by media who dislike with bitcoin as legal currency payment transaction at the future.
sr. member
Activity: 2436
Merit: 455
Those who are spreading FUDs during every halving are those people that's been left out because they are always being hesitant buying Bitcoin when it was still on the dump season. So instead of congratulating those people that didn't doubt Bitcoin, they are trying to brainwash them by feeding negative thoughts.

Though, for me I always ignore those people since their opinion doesn't matter to me at all. What's important is that I always have Bitcoin on hodl for the biggest moment.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
The Bitcoin halving time is happening in block 840,000, which is predicted time on April 26, 2024. Still, 270 days left, but I'm sure between times, there will be lots of drama which make the price jump or down sharply, so we have to be ready for any situation. Maybe at this time, some whales trying to create bad news so they can buy at a cheap price. Or maybe any government tries to jump the price because they already bought at the bottom moment. So anything change can happen, a little trader and holder must be patient to do not follow their path, if you can, then you are the winner of all the drama.

You must always have a plan and be ready for any situation at any time, not just focus on when we are approaching the halving. The cryptocurrency market is dramatic and volatile on a daily basis and does not follow any rules. Furthermore, although the halving event is approaching, the 4-year cycle is not over yet, so it is normal to see more volatility and stronger downtrends. Not only do we need to be patient, but we also need to take advantage of buying opportunities if the market continues to fall in the near term until the real bull season arrives.
hero member
Activity: 868
Merit: 737
The Bitcoin halving time is happening in block 840,000, which is predicted time on April 26, 2024. Still, 270 days left, but I'm sure between times, there will be lots of drama which make the price jump or down sharply, so we have to be ready for any situation. Maybe at this time, some whales trying to create bad news so they can buy at a cheap price. Or maybe any government tries to jump the price because they already bought at the bottom moment. So anything change can happen, a little trader and holder must be patient to do not follow their path, if you can, then you are the winner of all the drama.
member
Activity: 470
Merit: 61
for beginner usually with news that he thinks will cause btc to go down then he sells it but if sell it and make a profit I don't think it can hurt. but if sell it and don't get profit from the investment of course that's not good because after all we invest it for profit not loss so basically we only sell btc when we profit.

but for an investor who is an expert, of course, with a price reduction, he will definitely make the best use of it.
member
Activity: 476
Merit: 60
Investing in BTC always has obstacles and obstacles of course for everyone who invests in BTC, so what you say is true, the point is that we as BTC investors must hold our BTC firmly and not be affected by news that can make our investment a loss.

so the point is to invest in a relaxed manner and in investing we must be strong in holding and holding our btc.
so in investing in btc we have to be mentally strong.
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