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(https://i.imgur.com/Pss5L1O.jpg)
https://www.bitcoinblockhalf.com
Bitcoin is not obedient to anyone, Bitcoin is not related to anyone and its price always changes every time it trades.
I created this thread because it just relies on my imagination when everyone wants to be happy with Bitcoin prices "going up".
*I will imagine, what if Bitcoin's price drops after the Chalving Block is reached, for example now the Bitcoin price is around 42,400 USD, after the Bitcoin Halving it drops significantly to 22,400 USD, the difference is up to 20,000 USD.
*I don't want to get lost in the excitement of many people, I want to try to analyze myself differently from most people, and this is my question to you:
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
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This is my third cycle, I got to know cryptos and BTC in 2017, and I've often witnessed events that went the opposite way to what most people expected
Some halvings don't make the price go up, some token burns don't make the price go up or stay up, etc.
Regarding halving, at least in my opinion, the most prudent thing to do is to wait for some volatility in the short term, so it's preferable not to sell anything and those who are buying, make the purchases by DCA
In the long term it should go up in value if it maintains the same patterns
I'll continue to hodl my BTC, I don't have any intentions to sell, I don't think BTC will fall to 22k, but it will be a normal day in BTC if it happens ;D
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The equation is simple here: supply and demand. Whenever demand is increased and supply is constant or decreasing, the price increases and vice versa.
In halving, what happens is that the supply decreases, but the demand is either constant or increasing. Therefore, in the long term, the price increases, but in the short term, these sharp changes may not be clear. For example, if transaction fees increase, we will find that the return from the block may equal 6.25 Bitcoins, exactly as it is. Now, there is no guarantee that demand will be constant or high because sometimes the demand for Bitcoin decreases immediately after halving.
So, in the long term (6-12 months) of halving, the price will start to increase, and therefore you need to wait until October before we see a real rise in the price. Until then, the price of Bitcoin will be between $30,000 and $69,000 unless a unique event occurs.
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As per my experienced, the effect of the halving will not be immediately felt. Meaning, it will take weeks or months for the price to move on and then start that parabolic rise. Although we also have to understand that there could be factors that might stall the price for sometime.
But the thing is that once it got it running, it's going to be very hard to stop as the bulls are obviously taking over the market.
So if there is a dump then you shouldn't be nervous or something, it's just that the market is making a correction before we can move forward and reach new all time high again.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Yes, even if Bitcoin drops to $22,400 in value I will still buy Bitcoin in fact I will buy more Bitcoin if that happens. Of course I will keep Holding my Bitcoin even if it drops below $20k but at the same time I will keep accumulating more Bitcoin to increase my portfolio.
I won't feel anything bad even if Bitcoin's price goes up to $22,400 because that would open great possibilities for those who want to accumulate more Bitcoin. I believe it would be a golden chance for the ones who know about bull run and they will accumulate a lot of Bitcoin when they see it at such low price values.
I won't say any prayer but I'll try my best to sell most of the non useful stuff that I have and invest those in Bitcoin. I will have to wait just two years to reap the profits when Bitcoin reaches its ATH. The ones who believe in Bitcoin and the bull market will always do that.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
My plan is that I will continue my investments using the DCA method. I don't have a lot of money to invest, I can't invest more than what I earn from here. Those who invest using the DCA method for a long time never consider the market conditions.
Of course I will continue to hold because I will hold the investment for a long time.
If I see the price of Bitcoin drop to $22400 I will feel very bad because I always think that if I could have invested now then maybe my investment would have grown a lot in the future and I could have made a lot of money from it.
I watched the price of bitcoin go through $22,400 and prayed that now I have no means of earning, maybe if the opportunity comes again later, I will have an opportunity to invest.
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+You can say everything but this is my imaginations because Bitcoin price very volatile.
It's scary if Bitcoin drops to 20,000 USD, it looks like altcoins will also lose more than -80% of their value.
For me it would feel very scary and sad because surely all the markets would turn bloody and red and everyone would panic.
I will continue to buy Bitcoin and will tell my father that I will borrow his money to buy more Bitcoin, I will explain to my father first what Bitcoin is and immediately buy Bitcoin.
For those who are experienced in Bitcoin, they will definitely say that if the Halving moment then the Bitcoin price drops by -50%, they will definitely buy more Bitcoin, but for beginners in Bitcoin, I'm sure they will be skeptical. LOL
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I will definitely invest because I am never afraid to invest in Bitcoin. One should not dream that investing in Bitcoin will always bring benefits, because I have numbers to buy no matter how low the price of Bitcoin is. Those who invested in Bitcoin when it reached $16,500 in early 2023 benefited the most. Because the price of Bitcoin has tripled in one year, if you had bought Bitcoin for $1000, you would have made $3000 in profit in just one year.
There is still a chance that Bitcoin will halve in April 2024. A total of three halvings have already taken place since Bitcoin's inception, and each halving has increased the price of Bitcoin by several times. So I don't want to miss this bitcoin halving in 2024, that's why I'm invested because the price of bitcoin is sure to increase.
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There are a lot of "what ifs?" But my short answer to your question:
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
Yes, I will continue to buy Bitcoin and Holding. This is very easy, even if the prices drop by half, as you say, and the price of Bitcoin becomes 22K$, it will be a great opportunity for those who want to accumulate.
In my personal opinion, Bitcoin has gained great confidence among everyone, and any decrease in the price will lead to a significant increase in demand, which will lead to the price rising again, and so on.
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Yes, I will continue to buy Bitcoin and Holding. This is very easy, even if the prices drop by half, as you say, and the price of Bitcoin becomes 22K$, it will be a great opportunity for those who want to accumulate.
In my personal opinion, Bitcoin has gained great confidence among everyone, and any decrease in the price will lead to a significant increase in demand, which will lead to the price rising again, and so on.
When the price of BTC drops dramatically, as in the example to 20k USD (from now, 42k), most people disbelieve in BTC
Sentiment changes so quickly that few continue to buy BTC and follow the emotion of the moment, and even sell their BTC thinking it will die.
Those who manage to overcome this feeling and keep buying reap the rewards after a while.
What I mean is that sentiment changes a lot, today we're optimistic, but a quick move to 20k can bring all the distrust back and the cycle repeats itself
But I believe that BTC won't fall to 20k again in normal situations
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-What do you think, will you still continue to buy Bitcoin?
Bitcoin is a forever investment , though sometimes we need to sell but will surely buy after mate.
[/quote
-Will you continue to HodL Bitcoin?
this is also my forever strategy , may change to sell and buy sometimes but also continue to HODL when proper timing.
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?[/color][/size][/b]
i Dont have to say anything but to BUY BUY and BUY because this is the cheapest price we will ever have forever , you will never see this low in your lifetime.
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
lets share a toast when this bull market comes after Halving .
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Well, you have to give a more specific timeline on after halving. The year 2025 is likely the time when a huge dump happens. Before that, BTC could pump to twice its current price. As to what strategy I would use, maybe sell everything by January 2025 (the latest) and then wait for the market to turn red. I'll take the time to buy again in preparation for the next cycle.
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@rdluffy After I read this thread from the OP's writing to the last reply, I believe you more, because according to you, the basic thoughts are exactly the same as mine.
Bitcoin dropping by half the price difference makes everyone crazy, afraid and thinking negatively, there are many examples on various Telegram channels about Bitcoin.
Just dropping a little by a difference of 3000-5000 USD has written various bad news and such, especially this which can penetrate the difference of more than 20,000 USD, this is very scary.
Some people will continue to buy Bitcoin, maybe when the price falls to 22,400 USD, I will buy Bitcoin gradually because my basic thinking is still afraid that it will fall even further, maybe 15,000, 10,000, or maybe 5,000 USD.
I typed this thread and felt very afraid if it really happened and in the last paragraph I replied to this thread I was also afraid that Bitcoin would dump to a price of 5000 USD. :( :(
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After the halving, the price will not automatically rise, it will take a long time after this event, how do we know, because looking at the previous cycle with the 2020 halving and then the increase in the following year, so it would be natural if the price fell, I would not be surprised, maybe I would try to speculate.
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
It's a good opportunity, will continue to buy when the price drops to half.
Of course HODL, because if you sell then it's the same as suicide.
Don't worry when bitcoin drops to $22K in theory bitcoin always returns to a high price.
When the price touches $22K, it will buy by lumpsum preparing money for it.
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Yes, I will continue to buy Bitcoin and Holding. This is very easy, even if the prices drop by half, as you say, and the price of Bitcoin becomes 22K$, it will be a great opportunity for those who want to accumulate.
In my personal opinion, Bitcoin has gained great confidence among everyone, and any decrease in the price will lead to a significant increase in demand, which will lead to the price rising again, and so on.
When the price of BTC drops dramatically, as in the example to 20k USD (from now, 42k), most people disbelieve in BTC
Sentiment changes so quickly that few continue to buy BTC and follow the emotion of the moment, and even sell their BTC thinking it will die.
Those who manage to overcome this feeling and keep buying reap the rewards after a while.
What I mean is that sentiment changes a lot, today we're optimistic, but a quick move to 20k can bring all the distrust back and the cycle repeats itself
But I believe that BTC won't fall to 20k again in normal situations
Wise people like to invest patiently as you said. Because Bitcoin is a currency that will never disappear. If you lose patience in a little bit, then no success will come from holding. A bit of a dumping in the price of Bitcoin makes many people lose their heads, but he does not think that pumping again is normal. Everyone knows that the halving year for Bitcoin comes every four years. Investors have been holding Bitcoin for a long time for this period. I think those holding large amounts of bitcoins are going to get the results very soon.
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Pump and dump is a process for Bitcoin to grow. Without failure, you can't expect success. And without pump and dump, you can not hope for profits. That's how the market of Bitcoin works. Halving is just an excuse. History tells us that BTC will make a new ATH after halving but people will also focus on making a profit. So they will sell when they find the opportunity. And mass selling will lead to a price dump.
It will grow again. So I will keep on holding if I miss that opportunity to take my profits. This is nothing new for Bitcoin TBH.
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In halving, what happens is that the supply decreases, but the demand is either constant or increasing.
Why do you think demand can't decrease?
Besides, remember we're talking prices denominated in $ here, so basically the supply in November was already lower in $ than a halving at these prices, the last having cut the daily printed coins value from 18 mils to 9 mils, right now we're at around 38 million a day, so twice as much "supply' for investment as prior!
And every single cent added to the value is making the daily supply going up so basically inflation where you need more and more to cover the increase!
Anyhow, seeing the other replies the more I hear people saying that a huge drop is going to be another opportunity at buying the more I think I should start to invest in a kool-aid manufacturer, in two weeks we're going to have 3 years since we first hit 40k, another drop now? The moment the returns in the last year from investing in Bitcoin start to resemble just like normal shares be it google or apple the appetite will also go down, the money flow will follow the same pattern, most investors are not going to wait till they can't hit the toilet bowl from 10 tries to get their returns, they want it in a somewhat reasonable frame and a 50% drop after the much cheered ETF and even after the halving would be the complete deluxe frosting on the cake of refusal!
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:
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Remember the previous lies spread over BItcoin in the past halving and look where it is today, even if that occurs it will give more investors opportunity to keep on Buying so far it eradicate government and fiat third party influence and its a Peer to peer transaction system, that serve as a good reason buy. Halving won't immediately pump the price of BTC but for sure there will be a bullish market so y not invest more and more... :)
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
- No doubt, I will still continue to hold my Bitcoin and probably consider to buy again if I have funds.
- Yes. If I still don't get my target to take profits, I will hold my Bitcoin. But I believe I will get my target in this year or next year.
- If Bitcoin price dropped to $22k this year, I will buy Bitcoin as many as possible.
- I believe Bitcoin will have its new ATH in the end of 2024 or in 2025. I juts pray everything will be as expected.
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If the price of Bitcoin drops, it creates a very good opportunity to buy more, and those who have enough funds to invest will be happy to buy more. If by then I have more fiat to invest, I will definitely buy more because I know that the price will still spike and jump to an all-time high by 2025. If there is a sharp decline in the price of Bitcoin during the peak of the bull market, it usually surges very high, and that's the reason why I will invest in Bitcoin if I see that the price dumps. Although it will be a disappointment for some investors, especially those that are planning to sell their coin soon when the price gets to $60k, they are hoping that the price can reach $60k before or after the halving.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
If Bitcoin ever touches a new number that is lower than what it is now, it will undoubtedly be a good time to buy more. Bitcoin can dip before the halving but I don’t think it can go that dip as what you’re speculating it about. Every investor will definitely feel the emotional change in their mind when they see their money on a big loss, they need to quickly react to it. For news like that, it is not a good time to panic and sell but a good time to bag more bitcoins. I have been convinced and very certain about bitcoin, nothing will happen in the bitcoin space that will make me not to believe in bitcoin and sell my bitcoin for fear or anything related to that. Bitcoin has the ability to bounce back after facing any volatility that cause the market to crash.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
If Bitcoin ever touches a new number that is lower than what it is now, it will undoubtedly be a good time to buy more. Bitcoin can dip before the halving but I don’t think it can go that dip as what you’re speculating it about. Every investor will definitely feel the emotional change in their mind when they see their money on a big loss, they need to quickly react to it. For news like that, it is not a good time to panic and sell but a good time to bag more bitcoins. I have been convinced and very certain about bitcoin, nothing will happen in the bitcoin space that will make me not to believe in bitcoin and sell my bitcoin for fear or anything related to that. Bitcoin has the ability to bounce back after facing any volatility that cause the market to crash.
That means we are talking about 40k here mate? bitcoin have had fall to 42k and yeah lower but not so bad price is 40k
but of course because we are near April then the possibilities that it may drop to 30k level is on the table?
If the price of Bitcoin drops, it creates a very good opportunity to buy more, and those who have enough funds to invest will be happy to buy more. If by then I have more fiat to invest, I will definitely buy more because I know that the price will still spike and jump to an all-time high by 2025. If there is a sharp decline in the price of Bitcoin during the peak of the bull market, it usually surges very high, and that's the reason why I will invest in Bitcoin if I see that the price dumps. Although it will be a disappointment for some investors, especially those that are planning to sell their coin soon when the price gets to $60k, they are hoping that the price can reach $60k before or after the halving.
many of us now that have taken their profits last time bitcoin reached 48k is waiting for its lowering so we can purchase again
so undoubtedly we are expecting this to happen before Halving so chance f earning in 3rd quarter is there.
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Remember the previous lies spread over BItcoin in the past halving and look where it is today,
Okay, I also often see it for those who continuously give FUD to Bitcoin and I'm sure they have also bought Bitcoin at the lowest price or the price fell when the FUD occurred.
Various online media sources or social media also often provide FUD news, aka Bad News, but are you sure you will continue to buy Bitcoin when FUD occurs?
Remember, when bad news happens, all online media and various social media all provide links to evidence of bad news, will you continue to be mentally strong?
Do you still remember when the Bitcoin ETF was rejected several times?
Where were you at that time, had you bought more Bitcoin at that time? ;D
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- No doubt, I will still continue to hold my Bitcoin and probably consider to buy again if I have funds.
- Yes. If I still don't get my target to take profits, I will hold my Bitcoin. But I believe I will get my target in this year or next year.
- If Bitcoin price dropped to $22k this year, I will buy Bitcoin as many as possible.
- I believe Bitcoin will have its new ATH in the end of 2024 or in 2025. I juts pray everything will be as expected.
It is a highly appreciated action to continue to save what you have. If you can continue to make purchases with the funds you have, the results will certainly be more effective because it is estimated that the increase in Bitcoin will not be long after the halving era occurs. But it is very likely that there will be another correction. Of course, it is still open, in fact, it is the moment to buy again. But the ATH will most likely occur in 2025, but the exact time may still depend on the movement that occurs at the end of this year. Of course, everyone hopes that it can run according to the habits that Bitcoin has had so far, and we are waiting for that.
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We know BTC is trusted not in a sense that its prices are fixed but in a way that how much it falls it will regain its previous positions and BTC previously shows that it's crossed its previous ATH. When the halving occurs and the BTC price goes down to $22k I will invest in BTC as it's the best opportunity to invest in BTC and after investment, I will prefer the HODL until it reaches its ATH. We all know that after halving bull season occurs and when the bull season starts its price will go high and high and will be very difficult at that time to invest in BTC as it will require a huge investment.
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Bitcoin is not obedient to anyone, Bitcoin is not related to anyone and its price always changes every time it trades.
I created this thread because it just relies on my imagination when everyone wants to be happy with Bitcoin prices "going up".
*I will imagine, what if Bitcoin's price drops after the Chalving Block is reached, for example now the Bitcoin price is around 42,400 USD, after the Bitcoin Halving it drops significantly to 22,400 USD, the difference is up to 20,000 USD.
*I don't want to get lost in the excitement of many people, I want to try to analyze myself differently from most people, and this is my question to you:
I'm not an oracle but I can tell you for free that there is no way bitcoin is going to drop from $44k to $22k, not in the history of bitcoin halving have I ever seen such type of bitcoin market collapse during halving. Although, bitcoin has crash on under normal circumstances but not in halving. What you should expect during and after halving is market correction which is normal because some people are going to sell some of their investments.
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
If there is a correction, then it's a perfect opportunity to buy and hold because after the market cool down small, that is when it is expect of Bitcoin to pump to a new time hight but it's not a guarantee though but buy and hold is a good step.
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?[/color][/size][/b]
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
As I said earlier, it is not possible but on a second thought, nothing is impossible but if that happen that bitcoin crash by half, then I have the opportunity to buy more bitcoin and hold till further notice. When the market want to pump, it does not inform anyone, so it's better to hold and anticipate for positive news for Bitcoin
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-What do you think, will you still continue to buy Bitcoin?
No matter what will happen to Bitcoin I think majority of us will still buy Bitcoin including my self in the hope of reaping the benefits it offers in the future.
-Will you continue to HodL Bitcoin?
Of course why not? Institutions even has trusted Bitcoin how much more a lower class guy like me?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
I feel so excited to buy that dip of course.
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
DCA is my prayer for a much safer investment and of course I wish to have extra money to buy more during that time.
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No matter what will happen to Bitcoin I think majority of us will still buy Bitcoin including my self in the hope of reaping the benefits it offers in the future.
Yes, I will buy when there is maximum fear in the market. I don't have that condition right now, so I will refrain from buying for now. (Not financial advice, make your own decisions).
Of course why not? Institutions even has trusted Bitcoin how much more a lower class guy like me?
Yes and no. They invest knowing they will sell to us. And we, in turn, will piously believe the news and succumb to their various manipulations. They trust bitcoin because it's the easiest to manipulate. And it's where most of the people who came for quick cash are. One of the main elements! 8)
DCA is my prayer for a much safer investment and of course I wish to have extra money to buy more during that time.
Is DCA - really your favorite strategy? I don't know about the rest of you. But I think it is more convenient to allocate zones for buying (up to 3) than to go in and buy an asset every week/month. ::)
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Actually this ups and downs are not new thing in crypto market but we are witnessing that in every year there are half an year happy moments and half an year sad moments for crypto users but still we should not loss hope as currently the price is lower due to effects of news.
The lower price should be an opportunity for all users who still have not buy any bitcoin and bitcoin holder should wait more because good time has yet to come. Those who have trust in bitcoin will not effected by lower and upwards movement because they will understand that this is a crucial part of bitcoin without which we cannot get the benefit.
The price of 22400$ will not be a bad event because it is the dream of many people to invest in bitcoin but still there will be some holders of bitcoin who will be in fear of losing money when they will see such greater dip because there is a great difference between 42k$ and 22400$.
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The price of 22400$ will not be a bad event because it is the dream of many people to invest in bitcoin but still there will be some holders of bitcoin who will be in fear of losing money when they will see such greater dip because there is a great difference between 42k$ and 22400$.
Even earlier we also saw a price of $15k, and it could be a very good price to enter, but some people are afraid that the price will drop deeper.
I was also only able to buy a small amount of Bitcoin when the price was below $20k and can still hold it today.
Holding until now certainly gives 2x the profit, it looks very easy because it only holds a few months.
But it causes tremendous mental turmoil, there has to be planning for the long term and doing DCA when the price crashes again.
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Holding until now certainly gives 2x the profit, it looks very easy because it only holds a few months.
But it causes tremendous mental turmoil, there has to be planning for the long term and doing DCA when the price crashes again.
It seems very logical to buy in the downturn, but emotion counts for a lot at that time
I get tired of seeing people posting that if it hits 20k they'll buy more BTC, or that if it's worth 15k again, they'll sell everything and buy BTC, but those same people are the ones who, if it drops to 20k, will be frightened by the fall and won't buy out of fear
Those who are cold-blooded and patient get nice rewards with BTC, as you said yourself, you bought below 20k and today you've already made more than 2x on BTC
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What do you think, will you still continue to buy Bitcoin?
Why not? Bitcoin is known to surge months after the halving, even though Bitcoin market may goes sideways right after the halving event, its history shows that Bitcoin records its ATH months after the halving.
-Will you continue to HodL Bitcoin?
If I am able I would love to hodl Bitcoin, there is more profit the longer we hodl it and wait for numerous Bitcoin halvings.
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
It is normal, Bitcoin is highly volatile market, anything can happen but we seen that Bitcoin is able to recover and eventually make new records of ATH.
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Nothing...
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It is almost natural for humans and in this case pro Bitcoin investors to have some number of expectation on Bitcoin. History have thought us that, we don't get to experience a bear market after the halving as; having a significant drop up to $22,000 from current price, that's way half of the price and that puts price back within the bear markets zone.
That haven't been the case if we look at what the charts has dine previously. What we often have is a slight drop, followed by a push from the pulls to set new highs and records.
In the event that history doesn't get to repeat, it becomes easy still to bank on the many times Bitcoin have dropped and pushed back up to enable you see a buying opportunity in the dump.
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-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Let me start by quoting the comment I made months ago on the Bitcointalk forum regarding the history of the halving and how prices have been moving, which is sometimes last year.
Link (https://bitcointalk.org/index.php?topic=5457270.msg62447403#msg62447403)
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.
So even if price drops below 50% of where we had it before the halving, it's not new, and it won't change the fact that we can still see a new bull run. It happens, and when that happens, it's important for us to take advantage of the opportunity and buy as many as we can. Why wait for price correction and a new bull run to come? We can't expect the bull run to come this year as there are many unforeseen challenges that always hit bitcoin on or before the halving.
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-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Nothing...
lionheart78 ehhaaa, how are you now? Are you loyal to Bitcoin which you want to hold since 2014?
You don't need to "pray" if Bitcoin drops to 20,000 USD because you have had it since 2014, my respect for you is higher than the Bitcoin I own.
Even when the price drops to 5000 USD for 1 Bitcoin, you still don't need to "pray" because in 2014 the price of Bitcoin was still below 1000 USD, right?
But if it is true that Bitcoin drops to a price of 5000 USD, maybe many investors will panic, traders will suffer losses due to being hit by Liquid and you will definitely continue to buy more Bitcoin, I believe that because I believe your experience is very extensive regarding Bitcoin.
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Holding until now certainly gives 2x the profit, it looks very easy because it only holds a few months.
But it causes tremendous mental turmoil, there has to be planning for the long term and doing DCA when the price crashes again.
It seems very logical to buy in the downturn, but emotion counts for a lot at that time
I get tired of seeing people posting that if it hits 20k they'll buy more BTC, or that if it's worth 15k again, they'll sell everything and buy BTC, but those same people are the ones who, if it drops to 20k, will be frightened by the fall and won't buy out of fear
Those who are cold-blooded and patient get nice rewards with BTC, as you said yourself, you bought below 20k and today you've already made more than 2x on BTC
For people who have bought Bitcoin at a price of $20k, they should have made a withdrawal of profits at the current price, which reached more than $40k, and they should wait for the price to go down again, which will probably happen in the next few weeks because all this time I have seen Bitcoin's chart increase. The price will not last long and will definitely have a moment to fall again, and that's when we enter with all the profits we have obtained.
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For people who have bought Bitcoin at a price of $20k, they should have made a withdrawal of profits at the current price, which reached more than $40k, and they should wait for the price to go down again, which will probably happen in the next few weeks because all this time I have seen Bitcoin's chart increase. The price will not last long and will definitely have a moment to fall again, and that's when we enter with all the profits we have obtained.
Everyone has different strategies when buying BTC or any other cryptocurrency. Some prefer to speculate and take profits at the first opportunity, while others prefer to hold assets for several years. Of course, now there is a possibility that the BTC price may start to fall, but I personally don't think it will be a prolonged fall.
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I have difference ideas when investing in bitcoin since have bad bad news its moment to buy back bitcoin and sell later when sharing good news, I think before halving have many good news and moment for selling bitcoin although many people expected with much profitable after halving. Many investors have buy many bitcoin prepare for halving time, I don't sure they keep hold bitcoin after halving and before halving is time for us selling on higher price and buy back later after halving due many investor sold their bitcoin assets.
Don't be hype when many people buy bitcoin and raise to higher price but keep hold it, take profit when bitcoin on higher price and buy back later after going down.
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For people who have bought Bitcoin at a price of $20k, they should have made a withdrawal of profits at the current price, which reached more than $40k, and they should wait for the price to go down again, which will probably happen in the next few weeks because all this time I have seen Bitcoin's chart increase. The price will not last long and will definitely have a moment to fall again, and that's when we enter with all the profits we have obtained.
For those who only focus on trading, it could be a good idea
However, as I said a few posts ago, this is my third cycle in cryptos, and I know that when BTC starts to rise, it's very difficult to catch those dips and you can miss a good opportunity later on
My strategy is really HODL, I'm not a good trader and I find it extremely difficult to overcome the simple hold of BTC for a long period of time
If you look in the forums or on X, you'll see that there are people still waiting for the 15k BTC to buy... :D
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Why will you sell BTC because it dropped to $22k, when we have seen prices < $5k. I don't think BTC will drop to that price after the halving, but even if it happens it is an opportunity to buy BTC for a cheaper price. To be honest i don't see any problem in this and i don't see it as something to worry about.
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To be honest i don't see any problem in this and i don't see it as something to worry about.
Something that I am really worried about is whether our mentality will be disturbed or not when Bitcoin drops below the price of 5000 USD.
When it comes to money or funds that can be said to be ready to always be available to buy more Bitcoin, we can just look to other financial institutions, I mean borrowing or whatever.
And I also have the mindset that when Bitcoin drops to 5000 USD then I will borrow money from my mother to be able to buy more Bitcoin, but the mental problem when the price of Bitcoin dumps is what has been my thinking until now.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
Why will you sell BTC because it dropped to $22k, when we have seen prices < $5k. I don't think BTC will drop to that price after the halving, but even if it happens it is an opportunity to buy BTC for a cheaper price. To be honest i don't see any problem in this and i don't see it as something to worry about.
How do you feel when you see the price of Bitcoin rising again and now the price has reached more than $40k a few days ago? You should not rush to sell the BTC assets you own, BTC still has the opportunity to become very expensive due to the influence of a very limited supply. and as demand increases, many people will want to buy Bitcoin.
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To me there is nothing to feel sad about because I already have the knowledge how the price is being manipulate over some times so seeing bitcoin dipping unexpectedly won't warrant me to start panicking over time, we know there are things possibly to happened which includes price increase or price decrease there not above this to happened. Whenever an investor already have this knowledge I don't think s/he will have to panic over the price rather would sees it as opportunity to accumulate enough volume of bitcoin to add to their portfolio.
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For people who have bought Bitcoin at a price of $20k, they should have made a withdrawal of profits at the current price, which reached more than $40k, and they should wait for the price to go down again, which will probably happen in the next few weeks because all this time I have seen Bitcoin's chart increase. The price will not last long and will definitely have a moment to fall again, and that's when we enter with all the profits we have obtained.
Depending on each trader's target, If they buy bitcoin at $20k and hold it for the long term, they will not sell it.
Even when the market is crashing, they will buy back to accumulate more bitcoin assets.
There is nothing better than the long run, no panic and still having spare money to buy.
Make sure the main price target is reached or when the ATH is just reached, which is everyone's main target.
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First of all, we have to really understand that one of the characteristics of Bitcoin is its price volatility, which we cannot control and cannot make it stable. so we have to be really prepared for the volatile characteristics of Bitcoin. so we can take the most appropriate steps for us in dealing with this volatility wisely and precisely. In fact, this volatility can be used to get quite high profits for both traders and investors.
The second is that we also have to understand that Bitcoin in particular has very different cycles, namely bearish and bullish eras. and this cycle will continue to happen, so no matter what, we also have to be able to take advantage of this moment. As traders, maybe we have to do a deeper analysis of each market condition because it is short term so it really depends on volatility at any time to make a profit. Meanwhile, for long-term investors, this moment can be utilized as best as possible for us or all of them to get optimal profits. namely by collecting and buying as much Bitcoin as we can, especially during a bearish era or heading into a bullrun. then we can take profit during the next bullish era.
So once again it will depend on how we take advantage of Bitcoin market conditions. Personally, I don't have a problem and still continue to believe in Bitcoin if we can optimize all conditions to make a profit.
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To me there is nothing to feel sad about because I already have the knowledge how the price is being manipulate over some times so seeing bitcoin dipping unexpectedly won't warrant me to start panicking over time, we know there are things possibly to happened which includes price increase or price decrease there not above this to happened. Whenever an investor already have this knowledge I don't think s/he will have to panic over the price rather would sees it as opportunity to accumulate enough volume of bitcoin to add to their portfolio.
It is unavoidable for those who continue to follow Bitcoin's developments that knowledge to continue to know more deeply needs to continue to be done, so that it is true, as you said, when a situation where Bitcoin is corrected or increased will not cause the situation to panic.because situations like that are something that usually happens and is done by bitcoin, and you just need a lot of patience and don't need to panic when you see that situation.
That's right, moments like that can be used to increase your savings by buying when the price is corrected or selling when you get a profit, which is continuously renewed so that you can achieve the main goal of the investment.
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Depending on each trader's target, If they buy bitcoin at $20k and hold it for the long term, they will not sell it.
Even when the market is crashing, they will buy back to accumulate more bitcoin assets.
There is nothing better than the long run, no panic and still having spare money to buy.
Make sure the main price target is reached or when the ATH is just reached, which is everyone's main target.
Yeah, Long run is better than short.
Always good to hold for long term investment.
As you said If we bought bitcoin at $ 20K , We should hold until bullish season.
As many people predicted it will happen at the next year.
Better keep hold.
Don't panic, I agree with you.
If we are crypto holder for along time we know how crypto will go every 4 years.
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-What prayer did you say when Bitcoin touched the price of 22,400 USD?
DCA is my prayer for a much safer investment and of course I wish to have extra money to buy more during that time.
What does DCA mean?
Looks like I have heard DCA but not directly, can you explain DCA in my back topic?
I mean, what the DCA function is and how it can DCA can have an effect on Bitcoin when Bitcoin occurs dump.
Or can this DCA also be used when the price of Bitcoin Pump?
Do not be fixated on my ranking because I am in the Bitcoin section that I don't really understand how it works, transactions, trading or whatever is about bitcoin.
But I continue to want to learn cryptocurrency, including Bitcoin, Ethereum, Solana and various altcoins that have been scattered in various markets. :)
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What does DCA mean?
Y do I feel like this some kind of bluff :D
DCA is just some kinda method use for investment for a long period because it involves adding over and over so its mostly applicable to a long term investment, I won't say it in a proper way because I know you would have come across it several time on The BTT probably reviewing over will help else if not, Google is always available for help :)
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What does DCA mean?
DCA means Dollar-cost averaging short-term DCA like kent47400 said above it is a long-term investment that keeps investing this is a strategy of some investors if you apply this to Crypto while the price of the coin or token drops you can buy and then hold if the price drop again you can buy again and then hold until you reach the bottom price of the coin or token.
Only sell the coin or token once you already made a good percentage of profit. If you want to learn more about this check this wiki "Dollar Cost Averaging (https://en.wikipedia.org/wiki/Dollar_cost_averaging)"
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What does DCA mean?
while the price of the coin or token drops you can buy and then hold if the price drop again you can buy again and then hold until you reach the bottom price of the coin or token.
Only sell the coin or token once you already made a good percentage of profit.
If I imagine. Maybe I will write the conclusions like this below:
I have 50,000 USD then I bought Bitcoin in stages like this:
Buy Bitcoin Rate 43,000 USD with a capital of 1,000 USD.
Buy Bitcoin Rate 40,000 USD with a capital of 2,000 USD.
Buy Bitcoin Rate 37,000 USD with a capital of 3,000 USD.
Buy Bitcoin Rate 34,000 USD with a capital of 4,000 USD.
Buy Bitcoin Rate 30,000 USD with a capital of 5,000 USD.
Buy Bitcoin Rate 27,000 USD with a capital of 6,000 USD.
Until the price rate of Bitcoin at 27,000 USD I have ordained around 21,000 USD.
Is this what is called Dollar-Cost Averaging (DCA) in Bitcoin trading?
Or how do you think the conclusion is because my thinking is very narrow and difficult to understand what is the practice of dollar-cost Averaging (DCA). :(
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I won't say it in a proper way because I know you would have come across it several time on The BTT probably reviewing over will help else if not, Google is always available for help :)
Common, how hard it's to say that DCA means buying the same $ (dollar) denominated value of assets constantly over a period of time?
Was that hard? Or even far more simple, you invest the same amount of $ each day or each week or each month in an asset?
If I imagine. Maybe I will write the conclusions like this below:
I have 50,000 USD then I bought Bitcoin in stages like this:
Buy Bitcoin Rate 43,000 USD with a capital of 1,000 USD.
Buy Bitcoin Rate 40,000 USD with a capital of 2,000 USD.
Buy Bitcoin Rate 37,000 USD with a capital of 3,000 USD.
Buy Bitcoin Rate 34,000 USD with a capital of 4,000 USD.
Buy Bitcoin Rate 30,000 USD with a capital of 5,000 USD.
Buy Bitcoin Rate 27,000 USD with a capital of 6,000 USD.
Until the price rate of Bitcoin at 27,000 USD I have ordained around 21,000 USD.
Is this what is called Dollar-Cost Averaging (DCA) in Bitcoin trading?
No, you buy like this:
1st of January you buy Bitcoin with a capital of 10,000 USD.
1st of February you buy Bitcoin with a capital of 10,000 USD.
1st of March you buy Bitcoin with a capital of 10,000 USD.
1st of April you buy Bitcoin with a capital of 10,000 USD.
1st of May you buy Bitcoin with a capital of 10,000 USD.
So your average investment was 10 000 every month for 5 months!
The price of Bitcoin is irrelevant since we're talking about dollar cost average, what is important it's the amount in $ invested!
Your technique above is called "Averaging down" as you buy more as the asset is losing value to decrease the overall cost of your shares, since you're buying more at lower price thus increasing your profits for a potential bull-run in this case if your target would be above the starting point of 43 000!
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Depending on each trader's target, If they buy bitcoin at $20k and hold it for the long term, they will not sell it.
Even when the market is crashing, they will buy back to accumulate more bitcoin assets.
There is nothing better than the long run, no panic and still having spare money to buy.
Make sure the main price target is reached or when the ATH is just reached, which is everyone's main target.
Yeah, Long run is better than short.
Always good to hold for long term investment.
As you said If we bought bitcoin at $ 20K , We should hold until bullish season.
As many people predicted it will happen at the next year.
Better keep hold.
Don't panic, I agree with you.
If we are crypto holder for along time we know how crypto will go every 4 years.
I was blessed to have the opportunity to see Bitcoin low at the price of $19k and this was the period after Bitcoin had just reached the all time high of $67k then the massive dip came knocking and before you know it was wey down to 19k and sometimes even 18k and if anyone thought of buying Bitcoin that would be the ideal time and not only buying too, holding it is most important and if you would have hodl then I think you would up for some profits come this next bull season that is starting to show signs of coming
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Don't panic, I agree with you.
If we are crypto holder for along time we know how crypto will go every 4 years.
It will be difficult to survive when you don't have a good strategy and management.
Some reserve funds will also come in handy when prices continue to fall.
For the long term, just have to wait and wait.
The current crypto development is quite good, we can see Bitcoin still staying at the price of $40k++ and this is a pretty good indication for Bitcoin to break the next resistance.
This 4th Halving will be the most anticipated moment, so the Halving moment to reach the new ATH.
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As you said If we bought bitcoin at $ 20K , We should hold until bullish season.
As many people predicted it will happen at the next year.
Better keep hold.
Whatever the price you bought your Bitcoin, you must hold it until the bullrun season. It is the time when the price of Bitcoin can increase significantly. All people are waiting for the time, everyone plans to take profits.
Bullrun season must begin from this year. There is Bitcoin halving in the next few months. This halving will trigger the price to increase significantly, then Bitcoin may reach its new ATH (its peak) in this year or next year.
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The current crypto development is quite good, we can see Bitcoin still staying at the price of $40k++ and this is a pretty good indication for Bitcoin to break the next resistance.
This 4th Halving will be the most anticipated moment, so the Halving moment to reach the new ATH.
Hopefully, this will really happen in After the halving to reach a new ATH of Bitcoin. Yes, at least we have gone through the phase that we were worried about yesterday, namely the Bitcoin ETF. Yes, although in fact it turns out it doesn't have a significant impact on market development because at the moment the market is falling very hard. but at least it's still around $40k up, which is still pretty good. At least we are given time if we have plans to buy Bitcoin at an even lower price.
The Bitcoin halving will occur in a few months and the possibility of a Bullish era may be in Q4 this year or in 2025 at the latest. so actually we still have several opportunities to prepare it.
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Hopefully, this will really happen in After the halving to reach a new ATH of Bitcoin. Yes, at least we have gone through the phase that we were worried about yesterday, namely the Bitcoin ETF. Yes, although in fact it turns out it doesn't have a significant impact on market development because at the moment the market is falling very hard. but at least it's still around $40k up, which is still pretty good. At least we are given time if we have plans to buy Bitcoin at an even lower price.
The Bitcoin halving will occur in a few months and the possibility of a Bullish era may be in Q4 this year or in 2025 at the latest. so actually we still have several opportunities to prepare it.
BTC Halving has happened 3 times, and all 3 times BTC price quickly increased sharply and created a new ATH instead of creating a new bottom or continuing to stagnate for years. I believe this time will be the same: BTC price will accumulate for about 3-6 months after halving and then increase sharply to surpass $69K by the end of 2024.
(https://www.tradingview.com/x/kX4bTFu1/)
Sell-the-news after BTC Spot ETF is causing BTC price to enter a correction, but this correction will soon be ended by Halving. Instead, billions of dollars worth of new money will enter this market and push BTC to new price range above $100K in 2025.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
Continuing to hodl bitcoin will definitely still be done by all of us who invest for the long term. But I personally don't know whether I will panic or become more greedy and accumulate more if the price of bitcoin falls further. But I hope btc can surpass the previous ATH before the halving occurs. And then form a new ATH after the halving.
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No, you buy like this:
1st of January you buy Bitcoin with a capital of 10,000 USD.
1st of February you buy Bitcoin with a capital of 10,000 USD.
1st of March you buy Bitcoin with a capital of 10,000 USD.
1st of April you buy Bitcoin with a capital of 10,000 USD.
1st of May you buy Bitcoin with a capital of 10,000 USD.
So your average investment was 10 000 every month for 5 months!
The price of Bitcoin is irrelevant since we're talking about dollar cost average, what is important it's the amount in $ invested!
Your technique above is called "Averaging down" as you buy more as the asset is losing value to decrease the overall cost of your shares, since you're buying more at lower price thus increasing your profits for a potential bull-run in this case if your target would be above the starting point of 43 000!
Goshhhhtt, I Got The Point!
I began to understand a little about the Dollar Cost Average (DCA), and there will still be many more questions for a combination of Bitcoin trade and the Dollar Cost Average (DCA) technique.
Looks like I have a problem with a capital of 10,000 USD to purchase Bitcoin every 1st of the following month.
If I buy until May 1 with 10,000 USD but Bitcoin is still going down in June and July, what should I do?
I mean, I have run out of capital to 50,000 USD but the price of Bitcoin is still down.
This Dollar Cost Average (DCA) seems to make me afraid to do it.
"Averaging Down"
I also just heard this trait trick and it seems that this Averaging Down is very friendly for me to live because it tends to fall the price of Bitcoin, the more I buy Bitcoin.
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In your context you mention "feeling bad" because the price goes down, it is something relative,in fact, we should always have our price with down projection, on the contrary is always an opportunity to buy.
In the same way, no matter the price, you have to buy, in the case what to do , it is a mix of both, buy-sell, hodl.
I hope you update your OP, since there are fewer days. ;)
Ah!, "If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?": so, cool, I'll be buying.
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Looks like I have a problem with a capital of 10,000 USD to purchase Bitcoin every 1st of the following month.
If I buy until May 1 with 10,000 USD but Bitcoin is still going down in June and July, what should I do?
I mean, I have run out of capital to 50,000 USD but the price of Bitcoin is still down.
Well, my example was to correct yours to give you an idea how that works, but DCA isn't meant to work like that, each technique is more suited for something, and look even this case there are more risks, for example Bitcoin could go next day to 500% that means you should have bought all in and not spread it ,right?
DCA was more like a savings account, so you know that for 10 years from now on you have some extra $200 a month so you buy each month that amount worth of shares till your retirement, it's not designed for having now a huge chuck of money and then nothing! It's main strength is being spread over a longer period of time so despite volatility once you have enough entry points it evens out, much like the results from throwing dice six times and the results from throwing it 6000 times, very low chances of getting all the numbers in 6 tries but pretty close to getting the same amount on 6000 tries.
"Averaging Down"
I also just heard this trait trick and it seems that this Averaging Down is very friendly for me to live because it tends to fall the price of Bitcoin, the more I buy Bitcoin.
No technique is bullet proof.
Imagine you would buy 10k worth of Bitcoin every time is goes down by 10%.
- What happens if it goes back to 10k and you ran out of money? You bought at 3x time the price you could have!
- What happens if the price doesn't go down? You wait and wait.... ;D
Each thing has it's own strength and weakness, DCA is for guys not caring about the price , wiring $x each week or month and buying coins no matter the price, averaging down is someone looking to catch the dip with a margin of error, both can be rewarding both can fail miserable compared to others
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~I will continue to buy Bitcoin and Holding. This is very easy, even if the prices drop by half, as you say, and the price of Bitcoin becomes 22K$, it will be a great opportunity for those who want to accumulate.
In my personal opinion, Bitcoin has gained great confidence among everyone, and any decrease in the price will lead to a significant increase in demand, which will lead to the price rising again, and so on.
Many bitcoin holder always confident to hold their bitcoin.
Bitcoin dump after halving, I think It's not big problem.
Because I think bitcoin will increase again.
Bitcoin price 22K at the last year mate, Bitcoin price is so high now, over 40 K.
Bitcoin has correction now, and will increase again to face bitcoin halving.
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The Bitcoin halving will occur in a few months and the possibility of a Bullish era may be in Q4 this year or in 2025 at the latest. so actually we still have several opportunities to prepare it.
There will always be an opportunity to start buying Bitcoin, although at the moment the price is still above $40k but we don't know if the correction will continue.
Even though ETFs have been received, but only have a slight impact and subsequently experienced a significant decline in recent days.
ETFs cannot be used as a primary reference, because they are full of drama.
But the halving will be the point where a reversal is imminent, This is a moment that is always looked forward to.
But don't be too rash, buy when the price is cheap enough and now we see the price of Bitcoin drop quite drastically.
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DCA was more like a savings account, so you know that for 10 years from now on you have some extra $200 a month so you buy each month that amount worth of shares till your retirement,
Means that the technique of Dollar Cost Average (DCA) is more likely to be designed for the period of long term, right?
If it is true it can produce 200 USD per month until retirement, then this is a big value for myself.
Hmmmm, it's worth a try.
Imagine you would buy 10k worth of Bitcoin every time is goes down by 10%.
- What happens if it goes back to 10k and you ran out of money? You bought at 3x time the price you could have!
- What happens if the price doesn't go down? You wait and wait.... ;D
+Maybe I will be a statue that remains silent in the middle of a city that is so crowded to wait for the price to rise and I said with the word "Hodler". :P
+If the price of bitcoin does not go down, maybe here is my obstacle, because it only has a hope when bitcoin can go down and miss the train. :(
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Of course, the price of Bitcoin may be dumping a bit again, there is no doubt that the market can move lower at any time. As we know the halving day is ahead of us, the price of Bitcoin is very high right now. But I believe that until the halving, there is a possibility that the price of Bitcoin will increase a bit more but this time you can definitely invest and you will be able to make a good amount. In hindsight then bitcoin market may start dumping and from here you can buy using DCA and from here you can earn good amount of money. So for you just buy and hold it for a long time until the bitcoin market goes to that level, then you have to wait until the market is at the highest ATH so you hold.
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Of course, the price of Bitcoin may be dumping a bit again, there is no doubt that the market can move lower at any time. As we know the halving day is ahead of us, the price of Bitcoin is very high right now. But I believe that until the halving, there is a possibility that the price of Bitcoin will increase a bit more but this time you can definitely invest and you will be able to make a good amount. In hindsight then bitcoin market may start dumping and from here you can buy using DCA and from here you can earn good amount of money. So for you just buy and hold it for a long time until the bitcoin market goes to that level, then you have to wait until the market is at the highest ATH so you hold.
Market fluctuations, including potential price corrections, are common in the cryptocurrency space. The anticipation of events like the halving can contribute to price volatility as market participants adjust their positions based on expectations.
Bitcoin's halving, which occurs approximately every four years, involves a reduction in the reward miners receive for validating transactions. This event is often associated with increased attention and potential price movements. However, it's important to note that market predictions can be uncertain, and various factors influence cryptocurrency prices.
Being aware of market dynamics, staying informed about relevant events, and maintaining a diversified investment strategy are key considerations for navigating the cryptocurrency market, especially during periods of increased volatility.
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(https://i.imgur.com/Pss5L1O.jpg)
https://www.bitcoinblockhalf.com
Bitcoin is not obedient to anyone, Bitcoin is not related to anyone and its price always changes every time it trades.
I created this thread because it just relies on my imagination when everyone wants to be happy with Bitcoin prices "going up".
*I will imagine, what if Bitcoin's price drops after the Chalving Block is reached, for example now the Bitcoin price is around 42,400 USD, after the Bitcoin Halving it drops significantly to 22,400 USD, the difference is up to 20,000 USD.
*I don't want to get lost in the excitement of many people, I want to try to analyze myself differently from most people, and this is my question to you:
-What do you think, will you still continue to buy Bitcoin?
-Blockhalving, that's soon and that's my lucky number, namely 99!
Bitcoin halving will start in just 88 days. At the end of April 2024, the Bitcoin halving will begin, and the Bitcoin market will experience some dumping during the halving, and this halving will allow Bitcoin holders to purchase Bitcoin during the dumping. This is the current time to invest in Bitcoin so those who are yet to invest in Bitcoin should invest. And those who are short of money, adopt the DCA method of Bitcoin holding, will benefit the most from holding Bitcoin.
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- the Bitcoin halving will begin, and the Bitcoin market will experience some dumping during the halving, -
Is it true that Bitcoin will dump when Halving occurs?
Where did you get that trust if Bitcoin would dump after Halving?
Do you have a history of charts or purchases of bitcoin that used to be Halving?
I want to hear the explanation from you about the statement that you write because this concerns my funds when you will buy Bitcoin when Halving occurs.
I want to minimize the level of my portfolio loss in the wallet so that it does not look minus due to carelessness I buy Bitcoin when Halving occurs.
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I will definitely invest because I am never afraid to invest in Bitcoin. One should not dream that investing in Bitcoin will always bring benefits, because I have numbers to buy no matter how low the price of Bitcoin is. Those who invested in Bitcoin when it reached $16,500 in early 2023 benefited the most. Because the price of Bitcoin has tripled in one year, if you had bought Bitcoin for $1000, you would have made $3000 in profit in just one year.
There is still a chance that Bitcoin will halve in April 2024. A total of three halvings have already taken place since Bitcoin's inception, and each halving has increased the price of Bitcoin by several times. So I don't want to miss this bitcoin halving in 2024, that's why I'm invested because the price of bitcoin is sure to increase.
Yeah bitcoin price is sure to increase, no worries with bitcoin.
I have bought bitcoin at 2022 below $ 20K and still hold until now.
At this months after ETF approved I also bought bitcoin again to add my bitcoin collection.
Prepare to face bullish season next year.
It's a long time for hold.
But no matters, It's cold money, I have gotten from bounty rewards.
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+Maybe I will be a statue that remains silent in the middle of a city that is so crowded to wait for the price to rise and I said with the word "Hodler". :P
+If the price of bitcoin does not go down, maybe here is my obstacle, because it only has a hope when bitcoin can go down and miss the train. :(
You also have to shout loudly "I'm the Diamond Hand" and you'll reach the main target you set at the beginning.
And when the price of Bitcoin hasn't dropped for too long, you should certainly see how things are going.
If it leads to bulls that will reach your main target, you may be able to buy some with your spare money.
But if the price of bitcoin is indicated to be correcting, you should also be prepared to buy below.
Everything must be in accordance with the strategy you make, do not trade without any strategy because it is like walking in the dark.
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This upcoming halving would be the first halving am gonna experience well, since have being in this crypto space base on the previous halving bitcoin normally undergoes a dip before the main bull run. But in any scenario bitcoin dump to the price range of $22k damn!! I would take the dip as a Opportunity to accumulate more BTC. Because we all know that no matter what it's gonna bounce back massively.
Of course, the price of Bitcoin may be dumping a bit again, there is no doubt that the market can move lower at any time. As we know the halving day is ahead of us, the price of Bitcoin is very high right now. But I believe that until the halving, there is a possibility that the price of Bitcoin will increase a bit more but this time you can definitely invest and you will be able to make a good amount. In hindsight then bitcoin market may start dumping and from here you can buy using DCA and from here you can earn good amount of money. So for you just buy and hold it for a long time until the bitcoin market goes to that level, then you have to wait until the market is at the highest ATH so you hold.
that why as an investor if you are thinking of holding always have that fixed mindset that is long-term investment (holding for long) expecially when comes to bitcoin, we all know that bitcoin going to surge higher creating a new ATH but one thing we don't actually know is the time it's going to happen that why as you holding also try and back it up with some sweet DCA strategies ;D
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Actually depend on supply and demand with bitcoin will significant dump after halving? if have many investors keep believing with bitcoin price potential in the future its not problem although after halving bitcoin keep stable on the higher price.
But have many investors panic after halving with issues most of holder will sell their bitcoin but depend on positive news will make bitcoin more increasing to higher price.
Did you remember last halving time? bitcoin drastically pump after halving and don't worry keep hold your bitcoin after halving not guarantee will significant dump.
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Actually depend on supply and demand with bitcoin will significant dump after halving? if have many investors keep believing with bitcoin price potential in the future its not problem although after halving bitcoin keep stable on the higher price.
But have many investors panic after halving with issues most of holder will sell their bitcoin but depend on positive news will make bitcoin more increasing to higher price.
Did you remember last halving time? bitcoin drastically pump after halving and don't worry keep hold your bitcoin after halving not guarantee will significant dump.
Before bitcoin halving, we always see negative issues against bitcoin and crypto currency.
Bitcoin price fell after ETF approval because there was a big sale of BTC, but it doesn't matter. BTC price are going up again. wait until the bullish season,
Dump and pump in crypto currency is nature, because crypto is volatile.
Keep hold.
When dump, buy more Bullish season will happen next year.
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Cryptocurrencies and the link between changes in the price of Bitcoin and its split events are already something that people talk a lot about. From what we know, Bitcoin's rate at which new coins are made goes down and is about half every four years. In the past, some people thought that prices would go up a lot after the half because there would be less supply. But it's important to keep in mind that the market is complicated and is affected by many things. The idea of a big dump after cutting it in half is not always supported by historical statistics. Investors should be careful with these kinds of forecasts and look at the cryptocurrency market as a whole. The most important thing is to be careful with it.
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Cryptocurrencies and the link between changes in the price of Bitcoin and its split events are already something that people talk a lot about. From what we know, Bitcoin's rate at which new coins are made goes down and is about half every four years. In the past, some people thought that prices would go up a lot after the half because there would be less supply. But it's important to keep in mind that the market is complicated and is affected by many things. The idea of a big dump after cutting it in half is not always supported by historical statistics. Investors should be careful with these kinds of forecasts and look at the cryptocurrency market as a whole. The most important thing is to be careful with it.
⚠️ Publishing text written by an AI bot is a type of plagiarism. Anyone who is interested in the bot’s opinion can ask the bot a question himself, so there is no need to publish the bot’s texts on the forum.
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Well after the recent last halving, we know what happened some time after the price went up, and was at a new level, so basically everyone wants to take advantage of things for the next Halving, it's something like what happened with the bitcoin ETF, which Everyone believed that the price was going to rise to $100k at once and look at the price it is under now, the price did not rise, it is assumed that it could rise in about 3 months, maybe 4, let's see what the price will be like. price in those months, but it is not a sure thing, but why does that happen? because the masses think that after an event the price will rise, and it may be, but in the bitcoin market things happen very differently, sometimes the opposite happens and it is because the whales know that this is only the most logical, So they come in with shorts so that the rest sell in panic.
The market is like the jungle, only the strongest survives and if a person has a lot of hope that it will rise, they have to endure everything that comes their way.
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My average buying price is around 27K and I don't think I will ever sell my holding below that price. I might cashout some profits during the Bullrun. Now, It may take a few months to a year to enter the Bullrun. We never know what is going to happen. We might see a temporary dump on the market after the halving because a lot of people waiting for halving event and they will sell their holding to cashout their profits. But, who know's if we will touch a new ATH or not. It won't reach ATH in one night. We may have to wait another year for a bullrun. But, Most of the real Bitcoiners will accumulate more Bitcoin if Bitcoin falls back to 22K range.
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My average buying price is around 27K and I don't think I will ever sell my holding below that price. I might cashout some profits during the Bullrun. Now, It may take a few months to a year to enter the Bullrun. We never know what is going to happen. We might see a temporary dump on the market after the halving because a lot of people waiting for halving event and they will sell their holding to cashout their profits. But, who know's if we will touch a new ATH or not. It won't reach ATH in one night. We may have to wait another year for a bullrun. But, Most of the real Bitcoiners will accumulate more Bitcoin if Bitcoin falls back to 22K range.
Hold your bitcoin if you bought at $ 27K mate, Bitcoin will soar during bullish time.
Many investors predicted bitcoin price will reach around more $ 100K. Pump and Dump of bitcoin is nature, because bitcoin is high volatility. But always keep your bitcoin until touch new ATH, You will get high profit.
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(https://i.imgur.com/Pss5L1O.jpg)
https://www.bitcoinblockhalf.com
Bitcoin is not obedient to anyone, Bitcoin is not related to anyone and its price always changes every time it trades.
I created this thread because it just relies on my imagination when everyone wants to be happy with Bitcoin prices "going up".
*I will imagine, what if Bitcoin's price drops after the Chalving Block is reached, for example now the Bitcoin price is around 42,400 USD, after the Bitcoin Halving it drops significantly to 22,400 USD, the difference is up to 20,000 USD.
*I don't want to get lost in the excitement of many people, I want to try to analyze myself differently from most people, and this is my question to you:
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
With just 77 days to go until the Bitcoin Halving begins, this 2024 Bitcoin Halving is likely to be the largest Bitcoin price increase of 2024. Many experts have discussed that this time the majority of holders are high, and since the Bitcoin ETF was approved, the price of Bitcoin has fallen significantly. The current low Bitcoin price is definitely a good sign, as investors will invest in Bitcoin if the Bitcoin price falls before the halving. And now this opportunity is going on.
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With just 77 days to go until the Bitcoin Halving begins, this 2024 Bitcoin Halving is likely to be the largest Bitcoin price increase of 2024. Many experts have discussed that this time the majority of holders are high, and since the Bitcoin ETF was approved, the price of Bitcoin has fallen significantly. The current low Bitcoin price is definitely a good sign, as investors will invest in Bitcoin if the Bitcoin price falls before the halving. And now this opportunity is going on.
[/quote]
Halvings, which occur once every four years, halve the block rewards Bitcoin miners receive, thereby reducing the supply of new Bitcoins and increasing their scarcity.
Even halvings don't always result in immediate price increases. In the 2016 Halving, Bitcoin prices took several months to rise.
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(https://i.imgur.com/Pss5L1O.jpg)
https://www.bitcoinblockhalf.com
Bitcoin is not obedient to anyone, Bitcoin is not related to anyone and its price always changes every time it trades.
I created this thread because it just relies on my imagination when everyone wants to be happy with Bitcoin prices "going up".
*I will imagine, what if Bitcoin's price drops after the Chalving Block is reached, for example now the Bitcoin price is around 42,400 USD, after the Bitcoin Halving it drops significantly to 22,400 USD, the difference is up to 20,000 USD.
*I don't want to get lost in the excitement of many people, I want to try to analyze myself differently from most people, and this is my question to you:
-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
+You can say everything but this is my imaginations because Bitcoin price very volatile.
+See in the screenshot above, 99 days to reach Blockhalving, that's soon and that's my lucky number, namely 99!
In fact, this news about Bitcoin is not just a once in a lifetime. Every year we see that there is definitely some news that we can benefit from. If you look and think that the news of Bitcoin Halving has just came upto April will continue of who gets much profit.
After halving not that everyone will just withdraw money from Bitcoin, that there is no more effort. Future Bitcoin ?Future can never be Expire, some other news will come which will give us the same opportunity again and we are thinking to invest in Bitcoin.
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-What do you think, will you still continue to buy Bitcoin?
-Will you continue to HodL Bitcoin?
-If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?
-What prayer did you say when Bitcoin touched the price of 22,400 USD?
- I'm holding Bitcoin not because of the halving, but because of the bull run. I want to take as much profit as possible, and a dump after the halving will not make me any change with regards to my strategy.
- Yes I will until the bull run then I'll keep a small portion of my total Bitcoin holdings, and then will sell all of them.
- I feel blessed. I feel that I need to buy more Bitcoins at that price. TBH, seeing Bitcoin at that price again (22,400) is kind of impossible to me knowing that we might be experiencing a bull run a few months from now, but if that happens, I'm ready to buy more Bitcoins.
- Prayer? TBH, I'm not praying when it comes to investments. I'm praying when it comes to my health, but when it comes to investing, praying might be helpful, but relying on it alone will make you crazy. :D Why will you pray for your investments? You pray so that it will go up? No praying will not answer that, but the supply and demand will do.
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We should always expect to see a massive market dump and pum during and after halving, this is a period whereby the market will be more volatile than before and things can easily change between an eye blink on what we have invested on, as we know that the market becomes more unpredictable as it changes from one phase to another during this period, when there's .such supply, the market dumps and it gives others an avenue to buy and come in.
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Hold your bitcoin if you bought at $ 27K mate, Bitcoin will soar during bullish time.
Many investors predicted bitcoin price will reach around more $ 100K. Pump and Dump of bitcoin is nature, because bitcoin is high volatility. But always keep your bitcoin until touch new ATH, You will get high profit.
As you can see, I am still in profit. I don't know if 100K is my selling point or not. But I will cash out some profit during the Bull Run. Last time I was holding tight but didn't understand that the Bull Run is already ending. I waited and then got back to the 20K level again. I don't know if we are going to hit 100K this year or not. But we will surely surpass the 100K range in 2025. According to the Bitcoin history, it does not pump straight after the halving. It takes some time because some investors, miners, and companies are waiting for the halving event and will cash out their Bitcoin. So, we might see a temporary bear market after the halving. Nothing surprising.
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As you can see, I am still in profit. I don't know if 100K is my selling point or not. But I will cash out some profit during the Bull Run. Last time I was holding tight but didn't understand that the Bull Run is already ending. I waited and then got back to the 20K level again. I don't know if we are going to hit 100K this year or not. But we will surely surpass the 100K range in 2025. According to the Bitcoin history, it does not pump straight after the halving. It takes some time because some investors, miners, and companies are waiting for the halving event and will cash out their Bitcoin. So, we might see a temporary bear market after the halving. Nothing surprising.
When someone understands the cycles of bearish and bullish, usually we will exploit these periods for profit. Yes, at least we don't panic when the ebairsh happens and actually accumulate more Bitcoin when the price is going down and dropping. And there's no need to worry or worry if at that time the price drops further. because our goal is for long-term accumulation, not short-term.
And if it can rise to $100k in the next bullish era, this will be a very good bonus, and a very worth it investment return of course. Yes, let's just enjoy the process of this investment with all the risks involved.
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As is usually the case this is exactly what happens . After halving there is not a big growth after halving, if you look at graphite, bitcoin growth happens much later after halving, I think that by halving the market will be pushed again much harder than it can to accumulate more bitcoins and buy cheaper.
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When someone understands the cycles of bearish and bullish, usually we will exploit these periods for profit.
Exactly this is the line I wanted to point out. This is the reason we cannot give any kind of guarantee that Bitcoin will hit the ATH after the halving event. People already know that Bitcoin used to pump after the halving. This halving event is one of the most speculated halving and everyone's eyes are on it. Now, nobody knows what is going to happen. Big companies are waiting for halving and the miners and holders too.
If Bitcoin does not pump after the halving event, you may see a temporary bear market as well. But, I think it won't last for too long because the scarcity will start to increase after a year or so. So, I hope we will see a ATH in 2025.
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Based on my personal experience as an investor in bitcoin, I consistently view each given price as a chance to increase earnings or buy more at a discounted price.
There is no reason for me to be concerned or depressed if the price of bitcoin drops significantly following the halving since I firmly believe that it will rise beyond that level soon and that this will present a great opportunity to purchase Bitcoin at a lower price. Therefore, the price that remains after the halving season is a blessing for all of us(increased or decreased price)
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Based on my personal experience as an investor in bitcoin, I consistently view each given price as a chance to increase earnings or buy more at a discounted price.
There is no reason for me to be concerned or depressed if the price of bitcoin drops significantly following the halving since I firmly believe that it will rise beyond that level soon and that this will present a great opportunity to purchase Bitcoin at a lower price. Therefore, the price that remains after the halving season is a blessing for all of us(increased or decreased price)
Usually when the halving is over, there will be a price drop because there is often bad news, which ultimately makes the Bitcoin price go down. But what you need to know is that before the price collapses, the price will definitely be high, and when the price is high, you should be able to sell immediately and make a profit withdrawal. After that, wait until the next few days because the price will definitely fall.
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Usually when the halving is over, there will be a price drop because there is often bad news, which ultimately makes the Bitcoin price go down. But what you need to know is that before the price collapses, the price will definitely be high, and when the price is high, you should be able to sell immediately and make a profit withdrawal. After that, wait until the next few days because the price will definitely fall.
why do we have to rush to sell during the bitcoin halving, is it better to hold it until the bullish season. But it all depends on your financial. I think we will see any pump and dump before bullish season. That's nature.
It's the moment, we can buy more.
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Usually when the halving is over, there will be a price drop because there is often bad news, which ultimately makes the Bitcoin price go down. But what you need to know is that before the price collapses, the price will definitely be high, and when the price is high, you should be able to sell immediately and make a profit withdrawal. After that, wait until the next few days because the price will definitely fall.
why do we have to rush to sell during the bitcoin halving, is it better to hold it until the bullish season. But it all depends on your financial. I think we will see any pump and dump before bullish season. That's nature.
It's the moment, we can buy more.
A price reduction after the halvin is inevitable, but it all depends on how long after the halvin six months or a year or a year and a half will pass, period. But it is important to note that the market will fall first after the big whales decide to sell, and many small holders will sell as long as they have enough patience.
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A price reduction after the halvin is inevitable, but it all depends on how long after the halvin six months or a year or a year and a half will pass, period. But it is important to note that the market will fall first after the big whales decide to sell, and many small holders will sell as long as they have enough patience.
Yeah, we all will see pump and dump after halving, it's correction
We can buy more at that time.
Bitcoin halving has been predicted will happen at April this year and bullish season will happen one years after.
I always prepare my fund in stable coins to buy more when correction before bullish.
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bitcoin will have dump after halving, but not significantly. It's just correction, as many investors said. Because character of bitcoin is volatile, So I think It's normal. At that time we can buy more several bitcoin before bullish, so It's good moments. No doubt about it
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To me there is nothing to feel sad about because I already have the knowledge how the price is being manipulate over some times so seeing bitcoin dipping unexpectedly won't warrant me to start panicking over time, we know there are things possibly to happened which includes price increase or price decrease there not above this to happened. Whenever an investor already have this knowledge I don't think s/he will have to panic over the price rather would sees it as opportunity to accumulate enough volume of bitcoin to add to their portfolio.
That's right. During the spot ETF adoption - I think everyone has seen the SEC manipulation. What they were doing was nothing but laughter. :D Believe me, there will still be (many situations) in which we will be manipulated. + Don't forget, any manipulation by the SEC is a squeeze on funds.
P.S. When exactly to buy/sell is as individualized as possible. I will not advise anything. It depends on your goals and how much you want to earn on this market.
An interesting statistic came to hand. "The number of unique addresses containing at least 1 Bitcoin."
(https://i.ibb.co/TH563m0/photo-2024-02-05-13-00-09.jpg)
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bitcoin will have dump after halving, but not significantly. It's just correction, as many investors said. Because character of bitcoin is volatile, So I think It's normal. At that time we can buy more several bitcoin before bullish, so It's good moments. No doubt about it
The Bitcoin bull run will begin in 2025, with each halving followed by an increase in the price of Bitcoin in the following year, proven. After the Bitcoin halving in 2016, Bitcoin had a lot of growth in 2017. After the 2020 halving in 2021, Bitcoin price hit a high. So the Bitcoin halving in 2000 24 can certainly make the Bitcoin price hit a peak of $100,000 in 2025. So before and after the bitcoin halving takes place the price of bitcoin will be the same for a short period of time. So that investors get opportunity to invest again and again.
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The Bitcoin bull run will begin in 2025, with each halving followed by an increase in the price of Bitcoin in the following year, proven. After the Bitcoin halving in 2016, Bitcoin had a lot of growth in 2017. After the 2020 halving in 2021, Bitcoin price hit a high. So the Bitcoin halving in 2000 24 can certainly make the Bitcoin price hit a peak of $100,000 in 2025. So before and after the bitcoin halving takes place the price of bitcoin will be the same for a short period of time. So that investors get opportunity to invest again and again.
As you already know, Bitcoin price movements will definitely be short and will soon collapse when the Halving has occurred. Therefore, when you already have Bitcoin and the Halving has occurred, you must always pay attention to the price of Bitcoin on the exchange and hope that you are not too late in selling Bitcoin. at high prices.
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The Bitcoin bull run will begin in 2025, with each halving followed by an increase in the price of Bitcoin in the following year, proven. After the Bitcoin halving in 2016, Bitcoin had a lot of growth in 2017. After the 2020 halving in 2021, Bitcoin price hit a high. So the Bitcoin halving in 2000 24 can certainly make the Bitcoin price hit a peak of $100,000 in 2025. So before and after the bitcoin halving takes place the price of bitcoin will be the same for a short period of time. So that investors get opportunity to invest again and again.
As you already know, Bitcoin price movements will definitely be short and will soon collapse when the Halving has occurred. Therefore, when you already have Bitcoin and the Halving has occurred, you must always pay attention to the price of Bitcoin on the exchange and hope that you are not too late in selling Bitcoin. at high prices.
First, the price peaks after a powerful bullish rally. Having reached the top, Bitcoin begins to fall according to the Descending Triangle technical analysis model. Before breaking through the support level, the price bounces off it several times, after which it breaks out and moves to the “bottom.”
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First, the price peaks after a powerful bullish rally. Having reached the top, Bitcoin begins to fall according to the Descending Triangle technical analysis model. Before breaking through the support level, the price bounces off it several times, after which it breaks out and moves to the “bottom.”
When the Bitcoin price movement starts to fall downwards, supporters who have opened a buy order at the lower price will automatically prepare and look for the right position to enter because it is certain that the Bitcoin price will bounce and increase the price again. Price movements like this often occur so that when moments like this are seen by professional traders they will try to make a profit as quickly as possible.
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People often debate cryptocurrency and bitcoin price swings and split events. Current information suggests bitcoin generation reduces by half every four years. Some projected a significant cost spike after the halving due to a supply constraint. Remember that the industry is complex and affected by many factors. The statistical record doesn't always justify a big dump after a halving. Investors should be cautious and examine the Bitcoin business before making such predictions. Being careful is most important.
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People often debate cryptocurrency and bitcoin price swings and split events. Current information suggests bitcoin generation reduces by half every four years. Some projected a significant cost spike after the halving due to a supply constraint. Remember that the industry is complex and affected by many factors. The statistical record doesn't always justify a big dump after a halving. Investors should be cautious and examine the Bitcoin business before making such predictions. Being careful is most important.
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This thread started at btc being 42k it is now 52k.
½ ing is in 40-50 days.
so if we drift to 56k and then drop to 43k after the ½ it was mostly noise from Jan to April.
If we do go to 43k after ½ ing it will statistically be the worse mining ⛏️ period in last 10 years.
Will be interesting to see how the miners handle a price under 43k after the ½ ing.
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When the Bitcoin price movement starts to fall downwards, supporters who have opened a buy order at the lower price will automatically prepare and look for the right position to enter because it is certain that the Bitcoin price will bounce and increase the price again. Price movements like this often occur so that when moments like this are seen by professional traders they will try to make a profit as quickly as possible.
Yeah, maybe there are lots of bitcoin supporters who will do that, the most important thing is that there is no bad news that attacks bitcoin too deeply and will not make the price collapse to the bottom price, which is enough for me to stay in bitcoin.
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When the Bitcoin price movement starts to fall downwards, supporters who have opened a buy order at the lower price will automatically prepare and look for the right position to enter because it is certain that the Bitcoin price will bounce and increase the price again. Price movements like this often occur so that when moments like this are seen by professional traders they will try to make a profit as quickly as possible.
Yeah, maybe there are lots of bitcoin supporters who will do that, the most important thing is that there is no bad news that attacks bitcoin too deeply and will not make the price collapse to the bottom price, which is enough for me to stay in bitcoin.
Yes, I hope there will be no bad or bullish news next year, because that will affect the price that Bitcoin will reach when it hits ATH next year. looking at developments this year there are no signs yet - you will be attacked by bad news, because ETH bitcoin is approved. This shows that the US has started to open the door to accepting bitcoin. Although the government has not officially announced that bitcoin can be used as a payment method. But this is already a breath of fresh air for bitcoin lovers
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In response to the op, I would say that is a very relevant question, as I myself have always thought about that too, I did think about that before the bitcoin spot ETF was approved, everyone including myself expected that the price of bitcoin will go parabolic as soon as SEC announces that the ETF has been approved, but some time later, I paused to think or imagine what if the price of bitcoin drops after the ETF approval, how will I feel and how will most people feel?
It's a normal thing to always have this kind of feeling, and this is one of the reasons why we are advised to always invest not more than we are comfortable losing, regardless of the trust in bitcoin, investing in bitcoin still carries various degrees of risk depending on the entry price.
So, if you have invested the amount you can comfortably lose, this imagination of bitcoin price dropping after halving shouldn't bother you too much.