Topic: Why has bitcoin prices not increased just after halving ? - page 2. (Read 852 times)

Smiles, you introduced your friend without educating them on how Bitcoin works that's why you are been blamed. You literally made they believe that they will make money once halving is over and clearly showing indication of short term present and gain off the market. You have to think of Bitcoin in terms of a valuable asset for long-term investment rather than a tradable coin, how about when the bull run is over will you still be present!!!

You need to understand that the market doesn't work the way we think, just be patient and no need to panic, consider building and accumulating more Bitcoin, than thinking about how the market should go. Educate and talk to them they would understand and listen. They shouldn't be so impatient, it would appreciate.

In my experience, it doesn't really increase on the Bitcoin halving day most of the time, I mean we might see something you but if you are going to base on the Bitcoin halving timeline we don't usually see any increase on the Bitcoin halving event, If you tell your friends that market is going to skyrocket because of the Bitcoin halving for sure in theory that is what is going to happened, but your didn't make enough research if you said that it is going to skyrocket on the Bitcoin halving day, because the effect of halving is going to take in a year or even more, its already evident if you are going to check the Bitcoin halving timeline usually we are going to see the Bullrun after a year after the Bitcoin halving event.

There was an increase in its market price because of the Bitcoin halving event but it didn't happen on Bitcoin halving day, it usually happened before the Bitcoin halving event happened which is a few months before the halving, and we did see it, with some triggers and hype of the Bitcoin ETH we broke the all-time high market price, I believed in preparation of the Bitcoin halving it help to hype the market at that time.

I learned my lesson the hard way encouraging friends to invest in cryptocurrency, my advice is don't do it at all, you just want to share information but the encourage but actually you should discourage them because of its risk, then after that, if they still wanted to continue even before hearing the risk, you should teach them that they should be the one that is going to handle their money and do the research on there own.

Patience is the key. If you can’t be patient and can’t wait for few more months to see if bitcoin price has create a progress, then I believe even if we are not talking about halving, your mindset will definitely not work with bitcoin. Know that bitcoin price will certainly not stay high or low all the time, as it’s highly volatile so it makes price fluctuations most of the time.

You should have prepared for this before you decide to take the risk investing in bitcoin. Otherwise, if you chose to be in panic, you will only feel a lot of stress that will push you to sell at a loss.

Actually, you are not wrong in advising your friends to invest in Bitcoin because we are entering the halving moment and after the halving the price did not increase significantly, this is very normal. You should also teach your friends about patience and investing in bitcoin for the long term, not the short term.

Because it must be admitted that this fourth halving is slightly different from the previous halving. The difference with this year's halving is that the bitcoin price had already reached ATH before the halving momentum occurred, namely in March, but when the halving occurred, the bitcoin price actually fell.
 
Therefore, the impact of this year's halving will only be felt after the halving occurs. If looked at historically, the crypto market halving cycle will show positive growth in the next seven to nine months and rise towards a new ATH after that. Because after the halving there needs to be a price adjustment that crypto investors and traders must pay attention to. So it is possible that the bull run cycle is not expected to end at the end of this year, but possibly in the middle or quarter one and quarter two of next year. So you can tell your friends to continue to be patient, don't be rash in making decisions, study the history of the halving cycle again.

Yes, I agree. Having high expectations about the price of bitcoin rising quickly after the halving is not wrong, but there must be great support which in turn can make demand for bitcoin higher. Large flows of funds in the market from large investors or whales will have a quick positive impact on prices, but I don't see that as a big possibility because I think currently large investors and whales tend to wait for the right moment to influence the market.

I have no problem holding bitcoin for longer especially if the price I expect hasn't arrived yet. I expect a much higher ATH in the next 12 to 15 months, so as a consequence I have to be patient until that target is achieved. I don't know, it could be less than a year or maybe more, patience is the key to success.

Once again, I agree with your statement. It takes time to see the price of bitcoin rise significantly, so it's true that we just need to be patient and go through each stage without hesitation.

We will definitely see a lot of talking heads to say one or the other, there will always be people who will try to speculate about bitcoin and the price, that is not even just bitcoin related stuff, it is something that we are going to end up seeing about every asset, you are going to see people who will say invest into real estate, you will see people who will say it will crash and you shouldn't, or you will see people who will suggest getting nvidia or tesla stocks, or you will see people who will say that it's gone too high and you should avoid it.

At the end of the day, we are going to always have people who will say one thing positive, and another person who will say something negative in the end as well that's important.

We are all wrong about it because it is the fees that badly increase while the price drops. This is probably because the majority are selling their BTC causing a huge drop. But this does not say it will be like this until this year because I was still optimistic it would come soon and kept on waiting for the new ATH. Just like the previous halvings, it never pumps right after halving but just after a few weeks. 

The market moves in a roller coaster, up and down -- and every pump happens, there is always a drop to follow, and vice versa.
Indeed, impatient people keep on complaining and too much expectation will somewhat affect our minds negatively.

Not good for people to think about it will be done automatically after the halving event occur. They need to understand that eventhough we already reach at this phase still there's a lot of things to consider. And if they are not happy with current movement then I guess they don't have long patience and maybe they just newly experience this season on bitcoin. It really takes time before we can see some pumps if this is what they are waiting for and for sure that those people who are still holding will be lucky but those people got disappointed and afraid for a dump to came might regret what decision they do especially if these people will think about to dump all their holdings because they don't want to lose their money.

According to my experience most of the people have just bought Bitcoin because they were assuming that market will automatically go higher once halving takes place but it is not true because the quick effects of halving have not been seen in previous halving. If such people have used their knowledge then they don't need to buy accurately to other people's estimation and now they will not be questing about the timing of halving effects.

If there were sudden and quick effects of halving then people will sell their assets one day after halving and will leave the market but there is no known limit of all the time high value and no exact time is known therefore people can take profit by using their tolerance here.

People are rushing and expect that after day 1 of halving event they are really that longing for that huge long green candle on the chart. lol

For those who havent been able to experience bull run then they would really be having that kind of approach or beliefs that they do have in mind since they do lack that awareness and experience.
On the time that they've been wary about on how this market works then they would really be that tending to adjust accordingly. It do really still takes time but of course its something that would
not be known on when it would happen. It is really just that people are really that too impatient on things on which they do really believe that they could really be able to handle it out
so easily and did expect that price pumps could really happen afterwards.

You are right there. People should not rush into bitcoin in order to ride with the bull run, because that may only cause high pressure on the part of investors and may only get frustrated if their awaited bull run does not meet their expectations. It’s better that they will invest without knowing bull run so they won’t chase for it, and invest when the market is still bearish so they will be able to maximize their purchase and gain massive profits when they decide to sell after years of hodling their coins.

Indeed. The price won't suddenly skyrocket, it takes time for a significant increase. It is not a new altcoins that may skyrocket just in few days because of a hype. Bitcoin is an established coin that grows gradually. Let's give it the time for growing day after day. Even if it looks a bit slower, but it looks like to grow as we expect.

If we look at the history of the previous bullrun seasons, it may need some months or even a year to increase significantly. It probably will be at the end of this year or in the early of 2025 to see the big move in Bitcoin price. Bitcoin has just reached its new ATH few weeks ago ($73k), it should take time to have another new ATH. So, it is true that we must be patient to wait for the next big pump of Bitcoin price.

One of the most common newbie behavior is that they are really that impatient on which on the time that they would really be making out some investment or have decided to throw up some bucks into Bitcoin or crypto then they would already be  that expecting that it would really be having a pump on the 1st day of their waiting and on the time that they've seen it dropping then this is the time that they would really be freaking out on which this is really something that a very common newbie mistake on such behavior. On the time that they would really be able to gain up sufficient experience on how this market works then they would really be soon laughing into themselves that they have those kind of laughable thoughts initially and pretty sure that majority of us did really able to pass up into this kind of phase. 

In regarding about post halving price increase then its not something a guaranteed. There's no such thing about assurance even if we do have that halving event.
Usually prices would be starting up to climb after several months of post halving event but no one really knows the exact dates of course.

Isn't it a right timing to invest in Bitcoin because a bull run is coming?  When do you suggest to invest in Bitcoin?  When the bear market is coming?  Since the bull run is coming, those who invested before the bull run will surely get a profit when the bull run comes.  I believe it is best to accumulate Bitcoin before the bull run and not before the bear market take place.

The current Bitcoin transaction hike is not because of the higher volume of Bitcoin transactions but because of the Rune that is launched right after the Bitcoin hlaving.

 

Actually, we do not have any obligation to teach anyone about Bitcoin.  Teaching people about Bitcoin is voluntary not mandatory unless you are paid for it.



That is why we need to accumulate either through bulk buying or DCA before the bull market take place.


Whether one needs a bull run or not, the bull market may occur if the recent price is more than 20% of the current market bottom.  It is a natural occurrence of a market regardless of whether people need it or not.

It would be better if we will ask them first if they have a long patience before we recommend BTC to them or they are the ones who approach for some tips about it. Some people can lie about it which we will not know if we are not around with them at all times but that is already their problem once they complain later on if they did not met their expectations.

The OP already answered his own question there but other than that, maybe the tension on some countries are also responsible for it. The price is still high so it may not be a big deal for some who bought before but the ones that bothers them is the sudden increase in transaction fees.

Some days? No, it won’t take some days for the price to take effect as a result of the halving but it would take months and months or even probably a year from now. Introducing people into bitcoin should not be too enticing to them when telling them to join, you will be the one to be blamed if things don’t go as explained to them, just like what you did. This could be their first time attempt and because they’re not seeing the market moving in the direction you’ve told them, they may dislike this investment forever. You made it look so easy to them like it is a get quick rich scheme and that is where the problem contains. Next time, tell people it is a long term investment if they’re willing  to invest in bitcoin.

1yr before would be fine advice and a cheap price.  Before as in a day before when its clearly signaled and easily known as an flagged event, this is hardly advice more akin to bet on red.     The market works just like any other price anywhere, if everybody already knows about it then the price reflects the tip or advise or clearly known factors already.  Its in the price, take it as lesson to remember because it happens frequently.

Halvening is a change sure but its an alteration of a repeated 10 minute event.   So there is alot of 10 minute blocks every day, across weeks and months.  Thats the real time frame on BTC, it is confusing that the moves can be sharp but the real vice like movement to halvening is like a tortoise race it matters and it is occurring but the change is slow not sharp and immediate.  I believe that dynamic does matter and we see it reflected in prices.  Your friends will be fine imo, dont worry.

Your question reminds me of one of the experts who speculated on the price of Bitcoin when it entered the halving or after.
He said:

Elsewhere I have also seen experts speculating about the price of Bitcoin after the halving.

The two sources I mentioned about Bitcoin after the halving occurred, as we saw above, I certainly don't have much to say in terms of the price of Bitcoin, in essence I will consider both speculations to be correct.

That's the wrong impression of other people which they think that automatically the price would able to increase after halving. It still goes the same which it needs a lot of demands before we can see those good price pumps.

Also people need to have patience to see this and if they get discourage because they don't see what they expect to occur instantly then provably they might dump their coins for these reasons. And they might able to missed the possible bull run if this would take effect after several weeks or months. Maybe they really need to learn or get some experience on current situation so that they can figure out something good which can possibly contribute on their future investment and get successful results.

That's true, if you give people the right tools and the warnings, rest is up to them. I mean we all knew what we got into, some of us didn't even knew, and we tried our very best, after that the rest is up to them.

Look at the crypto market, so many people ended up making a mistake because they didn't had all the facts, they didn't know all the situation, and of course they did ended up with a mistake, we should not be worried about something like that, we should worry about the fact that we do not really know what's going on and we should be trying to just argue that if we can help someone then we should, that's about it. I believe that helping as best as we can is the only thing we can do. After that, it's all what they can do.