Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: SmartGold01 on April 23, 2024, 07:52:09 PM
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
The only thing that majority does have in mind when it comes to halving is that they are really that expecting something that pertains about the bull on which we know that this is something that they would really be mainly thinking up that this could happen right aware after the halving event but of course this is only into those noobs who hadnt have the experience those previous bull runes. Tension? there's no such thing that you would really be needing to have because if you are just that fully aware on how this market works and never ever make yourself
that anticipating on something on which it isnt realistic because once you do then it would really be just that bringing out that kind of disappointment.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level.
This never happened before.
The ATH always came a few months after the halving
The image is a bit outdated, but you can see:
(https://s3.tradingview.com/4/4ocD1Cgi_mid.png)
What was different this time is that we reached ATH before the halving, something unlikely every other cycle.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level.
What was different this time is that we reached ATH before the halving, something unlikely every other cycle.
You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
That's the wrong mindset though, it shouldn't be like a instant effect on the price once we have completed the halving.
Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.
Not sure why will they think like that? there are still incoming halving, and if there is one halving that we can be the last one could be around 2-3 halvings from now as 99% of all bitcoin have been mined by that time.
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
Yes, that is one of the best strategy here, but the only drawback is that it's hard to buy right now because of the exorbitant fees after the halving. Nevertheless, doing DCA and looking for the long term is a foolproof strategy.
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For me, I think that for many of the old-timers in the market, halving did not create any kind of tension for them, because they gained experience through previous sessions and now have some kind of knowledge of Bitcoin’s behavior and its cycle.
This cycle was somewhat different. Some predicted that we had already obtained ATH before the halving after the ETF approval. Others predicted that this might be the last rise for Bitcoin, but I think they are delusional and I don’t know why they imagine that.
For me I didn't feel any tension and it will continue until we get a new ATH which I expect to be between 100-125K$. But of course, we may need several months before we see that.
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the halving is stressful though, although its not really the reason why the transaction fees to go all the way to $200, its indirectly the cause. i have not sent $80 in BTC which is the only left in my wallet cause when i try to, it says insufficient amount.
been around since 2016 though so i know the effect of halving doesn't take place right away. it always take more than few months before the supplies really run out and that ht price has to shoot up because the demand is stronger than the supply.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
Yes, what is the best thing that happened with this halving is that Bitcoin right now has become a very attractive proposition for investing as we are still below the last ATH which happened before the halving and can be the result of the approved ETFs. Now, the consensus is that the big impact of the halving can come months after the very event hence we can be looking for another new ATH maybe around $100K and this can come within 2024 and into 2025 we should be looking forward to the $150K level. Eventually, only time can tell of the things that will be and so far we can only speculation and project of what can be so let's continue on watching and in doing so look for opportunities for possible gains.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
Thanks for giving some hopes as I have been seeing many OGz and old members saying that people should not get too much hopes from the halving event that it will make them good profit. Many are saying Halving has minimal impact on the price of BTC, and I doubt the fact why they are saying it. Well, IMHO Halving do have a big impact on the price of BTC and history has proved that.
If we see the halving history every time after the halving BTC made a new ATH but only this time it made ATH before the halving due to the widespread adoption of it as ETFs got approved. But I think if we combined the impact of ETFs and Halving we can still hope that BTC will make another ATH of $100k as many old institutional investors have predicted even before the ETFs approval. Well, I think a big dump might come which might take BTC to $53k or maybe lower what you think?
PS: I suggest you to add 4 magical letters in the last advice so you won't be targeted if BTC won't make new ATH and those letters are DYOR, you can also add NFA.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
People who are new in the crypto space might think that. But most of the veteran Bitcoiners know that the halving won't create a new price overnight. We have to wait for a certain period of time to realize the demand and the supply. We were having 6.25 Bitcoin for every new block before the halving, and now we will have 3.125 BTC per block which will add to the current circulation.
The scarcity won't create over night. As we all know that the price of a crypto currency depend on the demand and the supply. If there are not enough supply and there are still demands of Bitcoin, the price likely to go up. So, whoever thinking that halving will create Bitcoin shortage, I am sorry but they was wrong.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
I don't know, but I'm still holding on to prove whether this moment really came or not. I hope that's true, so that I get a little profit from my holding.
It seems that Bitcoin is starting to show movement, because in the last 7 days the price has increased from $63k now to $66k... Buying now may not be too late, but I'm still waiting for a market correction in the next few months to buy it again.
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What was different this time is that we reached ATH before the halving, something unlikely every other cycle.
You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
I agree. This was caused by the ETF and the huge volume and the new money coming in.
I also think that we are in a new moment now. New territory. As this cycle looks much different than the other ones.
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You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
The ETF (in my opinion) impacted strong resistance at $60k before the halving.
By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.
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You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
The ETF (in my opinion) impacted strong resistance at $60k before the halving.
By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.
Everything is happening concurrently but we will only discuss the ones we understand. Because there's a block that is going to be mined and the bitcoin reward will half, and that is why halving is so popular. In the other there's no block that will be mined to trigger bull run. So, we will only know about bull run when it starts, so there's no pressure about that. When bull run hits, the posts and hypes on social media will say it all.
According to smartgold, we cannot deny that ETF approval played a vital role in introducing a new ATH even before halving.
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the halving is stressful though, although its not really the reason why the transaction fees to go all the way to $200, its indirectly the cause. i have not sent $80 in BTC which is the only left in my wallet cause when i try to, it says insufficient amount.
been around since 2016 though so i know the effect of halving doesn't take place right away. it always take more than few months before the supplies really run out and that ht price has to shoot up because the demand is stronger than the supply.
Yeah, BTC halving has occurred with an increase in gas fees due to a large number of BRC-20 tokens being minted through the Rune protocol. This was expected as BRC-20 tokens are still just low-value NFTs, they need a narrative to come back and the halving is a great opportunity.
I personally count the halving and milestone as marking a new cycle and the start of bullrun + altseason. This means that I am starting to DCA ALTS more aggressively and regularly than before the halving, while reducing the amount of weekly DCA BTC because I believe that altseason will come soon and ALTS will bring more profits than BTC during the bullrun.
Currently, the market has not yet been able to feel the increase in BTC scarcity and the supply crisis from the halving has not yet had an impact on the BTC price. I hope that when BTC price goes sideways, many ALTS will recover after the sharp decline of the past few weeks. That will be the prelude to an upcoming crypto summer.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
In ad much as I'm bullish on Bitcoin, I think the bulbs are forcing the market, if there is no healthy correction in every Bitcoin run, the bull run wouldn't last because supports at the top will be hard to make when the price if falling but a really healthy correction forms support any time they are in actions.
I also think that this bull run will catch many people unaware because it's not similar to the previous bull run that we had where almost all the coins here where making doubles in number, the Defi went crazy but right now, there is nothing new here yet unless for meme and many shitcoins that comes and go.
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What was different this time is that we reached ATH before the halving, something unlikely every other cycle.
maybe this is the history of the new ATH achieved before the halving and it could reach a new ATH again after the halving later, all hope is definitely there for the highest value on this btc
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@op, you are right, we really can not deny the fact that many expected that Bitcoin and the entire crypto currency market will go into straight bull run after the halving had happened, needless say that from the comments on various social crypto groups, and the general market sentiment, alot of people are disappointed and can't believe we are still in the bear season even after the much anticipated bitcoin had come and gone.
I can bet a lot of persons bought alot of coins, both bitcoin and altcoins, expecting them to pump immediately during the halving, and continue to pump even after the halving, but unfortunately for them, we rather entered into another phase of the bear season after the halving..
But there is good news though, and the good news is that this phase is the last phase of the bear season we gonna see before everything explodes to high heavens, this is thus, another buying opportunity for those who did not accumulate enough even until now, the future is bright regardless of the situation of the market situations currently.
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But there is good news though, and the good news is that this phase is the last phase of the bear season we gonna see before everything explodes to high heavens, this is thus, another buying opportunity for those who did not accumulate enough even until now, the future is bright regardless of the situation of the market situations currently.
One very important thing a bitcoin investor should do is to be optimistic at all time regardless of the market situation because he knows what the market could give rise to at any given time, when most people invest they think the market is so magical in a way that it could give instant profits or double their portfolio as soon as possible or how they think it should be.
Sincerely speaking there is no hidden magic that happens within the space, the only magic needed is to invest at the right time and also apply patients to hold for long time without even thinking of making short and quick profits excepts for those who are altcoin freaks. Those who always wants to invest in a short time and expecting to make immediate profits within some limited durations.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
People want to see immediate effects of halving therefore when they are examining dip in price then they are becoming afraid of such dip and these days such people will never want to buy more Bitcoin as they are already in stress.
People who have trust in bitcoin and possess some knowledge about Bitcoin will must buy Bitcoin now because they know that a day will come when there will be a huge pump that will fulfil all their wishes for which they have waited a lot.
Maybe we will see a new ATH this year and there is also a chance that there will be a big bull season next year so be careful and those people will surely lose those who don't have trust in Bitcoin.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
This is my personal experience. I'm really looking forward to the halving moment, and I've been looking forward to this since the start of the bearish period. Like longing for something to meet for a long time. And finally, a few days before the halving, it became even more exciting.
Then, during the halving, did you know? I actually forgot about that moment. Because there are several activities in the real world that make me even forget that it is halving time. Until finally I opened this forum and found out that the halving had happened.
I also thought, then, what is the real effect of the halving on the crypto market? Then I realized some of what I had read. Yes, halving will not make many changes at once afterward. but the market will still take time to create a very high halving effect on the market.
So what we have to do now is to keep ourselves abreast of market developments, whatever they may be. And perhaps disappointment with the results or effects of the halving remains because it is not that significant. But once again, Market continues to show its very good progress. So, trust it and be patient.
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If you are saying that the next All Time High will start from next year 2025 then will bitcoin enter into dip this year because as it is in the market the price is still at the high side and buying bitcoin now is still difficult for some people. And I was thinking that bitcoin price will increase to the ATH this year. Though this is my first time of experiencing halving and I don't know what happened after the halving before the ATH. And according to the experienced users, everything in the bitcoin market is changing because even the All Time High happened before the halving so it is strange. And if I may asked immediately after the halving, what followed? Is it the dip or straight to the ATH?
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What was different this time is that we reached ATH before the halving, something unlikely every other cycle.
maybe this is the history of the new ATH achieved before the halving and it could reach a new ATH again after the halving later, all hope is definitely there for the highest value on this btc
Most definitely, Bitcoin always breaks through it's current ATH and reaches new ATH after every halving, it's just a matter of time.
Right now, it may seem like the impact of the halving isn't really visible as bitcoin still continues to fluctuate, but in a couple of months or weeks, we'll all witness the magic of the halving.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
This is my personal experience. I'm really looking forward to the halving moment, and I've been looking forward to this since the start of the bearish period. Like longing for something to meet for a long time. And finally, a few days before the halving, it became even more exciting.
Then, during the halving, did you know? I actually forgot about that moment. Because there are several activities in the real world that make me even forget that it is halving time. Until finally I opened this forum and found out that the halving had happened.
I also thought, then, what is the real effect of the halving on the crypto market? Then I realized some of what I had read. Yes, halving will not make many changes at once afterward. but the market will still take time to create a very high halving effect on the market.
So what we have to do now is to keep ourselves abreast of market developments, whatever they may be. And perhaps disappointment with the results or effects of the halving remains because it is not that significant. But once again, Market continues to show its very good progress. So, trust it and be patient.
Yes patient is one important thing we have to hold onto otherwise we might end up having to lose some very important things at the cause of wanting the market to surge the way we might think. Most people do not know when the halving effect would take place even though the halving itself has passed but the market growth is still within the corner and we are hoping to enter that phase where everyone would see their investment changes in price and increase uncontrollably.
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You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
The ETF (in my opinion) impacted strong resistance at $60k before the halving.
By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.
Everything is happening concurrently but we will only discuss the ones we understand. Because there's a block that is going to be mined and the bitcoin reward will half, and that is why halving is so popular. In the other there's no block that will be mined to trigger bull run. So, we will only know about bull run when it starts, so there's no pressure about that. When bull run hits, the posts and hypes on social media will say it all.
According to smartgold, we cannot deny that ETF approval played a vital role in introducing a new ATH even before halving.
That's true, because the bitcoin ETF had quite a big impact on the increase in the price of bitcoin which touched a new ATH before the halvibgg, but what makes many people curious is why after the halving the bitcoin price seems to be struggling.
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Was the halving created much tension you?
Tension is a rather strong word when it comes to something that is an ordinary technical event that happens approximately every 4 years. Therefore, I think that most people get too excited about something they shouldn't, especially since the halving itself does not have any immediate effect and none of us can influence when exactly it will happen.
In addition, with more than 19.6 million BTC in circulation and with a reward that produces only about 450 BTC per day, this and every subsequent halving will have less and less impact on the price. Of course, this does not mean that a new bull run will not happen, but that is only because everyone wants profit and those who have the power to push the price will certainly try to do it again.
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Was the halving created much tension you?
Tension is a rather strong word when it comes to something that is an ordinary technical event that happens approximately every 4 years. Therefore, I think that most people get too excited about something they shouldn't, especially since the halving itself does not have any immediate effect and none of us can influence when exactly it will happen.
In addition, with more than 19.6 million BTC in circulation and with a reward that produces only about 450 BTC per day, this and every subsequent halving will have less and less impact on the price. Of course, this does not mean that a new bull run will not happen, but that is only because everyone wants profit and those who have the power to push the price will certainly try to do it again.
Everyone wants the price of bitcoin to rise high during the bitcoin halving so they can achieve greater profits, but remember it usually happens after the halving before the bitcoin price rises to a higher price. There is always high tension when things don't go according to expectations, it's best to stay calm.
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The halving made people excited, but it's better not to get too carried away. Bitcoin is still doing well even after the halving. I am using Bitget's smart portfolio to get more Bitcoin when some altcoins go up in price against Bitcoin. I am buying more Bitcoin now at the current prices, before Bitcoin potentially goes up a lot again in the next bull run and reaches new high prices in 2025.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
If you will base on the history of the price movement of Bitcoin, there's really a chance that we might see a new ATH and a possible $100,000 price per Bitcoin next year. Many are waiting for it as well. :D
Many including me are waiting for their selling targets to get hit and when that time comes, I will immediately sell my Bitcoins and will take profit from it. Anyway, I just hope that all of us here have their own strategies on how they will sell their Bitcoins. I also hope that nobody here will get FOMOed just because they don't want to be left by the train. Now that Bitcoin's price is still low, follow what OP said. Accumulate more Bitcoin and chill. :D
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
In ad much as I'm bullish on Bitcoin, I think the bulbs are forcing the market, if there is no healthy correction in every Bitcoin run, the bull run wouldn't last because supports at the top will be hard to make when the price if falling but a really healthy correction forms support any time they are in actions.
how come that you know about Bullrun will not last? have you seen in your mirror ball?
have you happen to see other Bullrun after halving in the past? do the bull did not last? and remember that we have been bullying since last year so if that does not mean long lasting then better to check again.
I also think that this bull run will catch many people unaware because it's not similar to the previous bull run that we had where almost all the coins here where making doubles in number, the Defi went crazy but right now, there is nothing new here yet unless for meme and many shitcoins that comes and go.
actually it is the ETF approval that change everything this halving and we see that pattern comparing to all the halving that we had in the past.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
Bitcoin halving doesn't excite me. I have accumulated bitcoins and have been accumulating it slowly. Maybe this bitcoin can half tension for the people who invested in the new one and hold on. As we look at the market, the Bitcoin market has hit all-time highs since the ETF was approved. By now the Bitcoin halving is expected to slow the market down a bit, but not too much market dumping. The market is slowly moving up again, but we expect the market to reach all-time highs again once the Bitcoin bull run begins. Right now those who bought and held bitcoins have nothing to stress and those who haven't invested yet can invest as the market will reach new highs very soon.
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Everyone wants the price of bitcoin to rise high during the bitcoin halving so they can achieve greater profits, but remember it usually happens after the halving before the bitcoin price rises to a higher price. There is always high tension when things don't go according to expectations, it's best to stay calm.
I am well aware of history, but we should also not blindly believe that history will repeat itself in the sense that halving will cause an identical effect as before. Don't get me wrong, I also expect another bull run to follow this year or next, but I also think that each halving has a decreasing impact on the price of BTC.
These tensions that we are talking about here mostly stem from ignorance and unrealistic expectations, because everyone would like to get rich overnight, but Bitcoin is not some magical money as some promote it. In addition, we now have powerful companies like BlackRock and Fidelity + Grayscale in the game, which can at any moment cause a new bull run, but also a price drop of several tens of percent.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
There is no tension if you plan this halving like doing DCA and HODLING you will only create tension in yourself if you're just buying because of FOMO, halving is something you plan years before the halving because we all know as Bitcoin investors what halving means to the market and the community.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.
Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
Bitcoin halving doesn't excite me. I have accumulated bitcoins and have been accumulating it slowly. Maybe this bitcoin can half tension for the people who invested in the new one and hold on. As we look at the market, the Bitcoin market has hit all-time highs since the ETF was approved. By now the Bitcoin halving is expected to slow the market down a bit, but not too much market dumping. The market is slowly moving up again, but we expect the market to reach all-time highs again once the Bitcoin bull run begins. Right now those who bought and held bitcoins have nothing to stress and those who haven't invested yet can invest as the market will reach new highs very soon.
This may not excite you any longer because you already knows how the market works unlike those don't know from onset and that just ventured into the market newly. One thing about new investors is that they would always want the market to push above higher immediately bitcoin halving has past, but the market doesn't work that way and it would take its time to get another ATH which is not likely to happened this year so, those who are willing accumulate will keep accumulating to prepare themselves for the bull run coming next year.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
There is no tension if you plan this halving like doing DCA and HODLING you will only create tension in yourself if you're just buying because of FOMO, halving is something you plan years before the halving because we all know as Bitcoin investors what halving means to the market and the community.
I agree with what you said, this should not cause any tension at all if we have planned this from the start, and tension will occur if we have FOMO, as you said.
For people who have been in this space for a long time, we will casually follow the news about bitcoin, and we should also have a profit by now if we bought some time ago when the price of bitcoin was below.
Maybe for new people they will be a little tense, but that's normal because they are also in the learning process.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
There is no tension if you plan this halving like doing DCA and HODLING you will only create tension in yourself if you're just buying because of FOMO, halving is something you plan years before the halving because we all know as Bitcoin investors what halving means to the market and the community.
I agree with what you said, this should not cause any tension at all if we have planned this from the start, and tension will occur if we have FOMO, as you said.
For people who have been in this space for a long time, we will casually follow the news about bitcoin, and we should also have a profit by now if we bought some time ago when the price of bitcoin was below.
Maybe for new people they will be a little tense, but that's normal because they are also in the learning process.
New traders are sometimes very easily influenced by market conditions, so for those who already know cryptocurrency price movements will be like this, they will take advantage of FOMO to sell assets at high prices because usually the price of coins that are experiencing FOMO in the market will increase in price.
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Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level.
What was different this time is that we reached ATH before the halving, something unlikely every other cycle.
You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
Maybe it is because of some factors like the approval of Bitcoin ETF and stuff that is why it triggers ATH before the halving instead of happening after the said event. As we all know that change is the only constant, therefore it sometimes won't go on what we expected to happen like the history of events will repeat itself but it didn't this time. But the only thing we can do regardless of events is to accumulate as much as we can.
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But the only thing we can do regardless of events is to accumulate as much as we can.
Accumulate BTC you mean, I hope ;)
Ethereum has value, but BTC doesn't have any of the problems we are talking about.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
There is no tension if you plan this halving like doing DCA and HODLING you will only create tension in yourself if you're just buying because of FOMO, halving is something you plan years before the halving because we all know as Bitcoin investors what halving means to the market and the community.
The past halving was my first experience, and I already have accumulated some amount of bitcoin which I am looking forward to see the price of bitcoin by next year when the bull run will be at his peak. Maybe that is when I can be tensioned on selling some of my bitcoin, but for the halving, there is no tension at all on my side. This is because I never expected a price hike on bitcoin.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
There is no tension if you plan this halving like doing DCA and HODLING you will only create tension in yourself if you're just buying because of FOMO, halving is something you plan years before the halving because we all know as Bitcoin investors what halving means to the market and the community.
The past halving was my first experience, and I already have accumulated some amount of bitcoin which I am looking forward to see the price of bitcoin by next year when the bull run will be at his peak. Maybe that is when I can be tensioned on selling some of my bitcoin, but for the halving, there is no tension at all on my side. This is because I never expected a price hike on bitcoin.
Halving did not have a major positive effect on the price of Bitcoin but it did not have a major negative effect on it either. However, I am not too worried about the price of Bitcoin. Because most of the time I invest in Bitcoin long term so I don't check Bitcoin price very often. my target is to save satoshi for this I don't count dollars I keep investing regularly on Bitcoins following DCA strategy so I don't care about Halving this time either.
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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!
There is no tension if you plan this halving like doing DCA and HODLING you will only create tension in yourself if you're just buying because of FOMO, halving is something you plan years before the halving because we all know as Bitcoin investors what halving means to the market and the community.
The past halving was my first experience, and I already have accumulated some amount of bitcoin which I am looking forward to see the price of bitcoin by next year when the bull run will be at his peak. Maybe that is when I can be tensioned on selling some of my bitcoin, but for the halving, there is no tension at all on my side. This is because I never expected a price hike on bitcoin.
Halving did not have a major positive effect on the price of Bitcoin but it did not have a major negative effect on it either. However, I am not too worried about the price of Bitcoin. Because most of the time I invest in Bitcoin long term so I don't check Bitcoin price very often. my target is to save satoshi for this I don't count dollars I keep investing regularly on Bitcoins following DCA strategy so I don't care about Halving this time either.
Stacking satoshi is only for those knows how the market really works and not for a short investor who would keep getting worried over the change of price of bitcoin, and of a true while investing in bitcoin and you keep having this doubt on the price in dollars without looking at the fractions you would hold on bitcoin sure affects us.
As long time investor, just invest and hold don't be worried over the price of it over time as it keeps changes but look at the duration you wished to hold it.
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Stacking satoshi is only for those knows how the market really works and not for a short investor who would keep getting worried over the change of price of bitcoin, and of a true while investing in bitcoin and you keep having this doubt on the price in dollars without looking at the fractions you would hold on bitcoin sure affects us.
As long time investor, just invest and hold don't be worried over the price of it over time as it keeps changes but look at the duration you wished to hold it.
In investing we must have a plan at the start, for the long term or short term. If you want to be safe, buy during the bearish season and save for the long term, this is more profitable. But if you want to do it for the short term, you can trade on the exchange
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Stacking satoshi is only for those knows how the market really works and not for a short investor who would keep getting worried over the change of price of bitcoin, and of a true while investing in bitcoin and you keep having this doubt on the price in dollars without looking at the fractions you would hold on bitcoin sure affects us.
As long time investor, just invest and hold don't be worried over the price of it over time as it keeps changes but look at the duration you wished to hold it.
In investing we must have a plan at the start, for the long term or short term. If you want to be safe, buy during the bearish season and save for the long term, this is more profitable. But if you want to do it for the short term, you can trade on the exchange
Yes you are right..
Although trading seems pretty cool for those who can trade very well or those who seems to be professional in trading as well making profits. I just totally accepted investing at the bear market only on bitcoin since it easily bounce back to the price than altcoin, in altcoin investment most of them do not survived for long run and caused serious lost.
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Although trading seems pretty cool for those who can trade very well or those who seems to be professional in trading as well making profits. I just totally accepted investing at the bear market only on bitcoin since it easily bounce back to the price than altcoin, in altcoin investment most of them do not survived for long run and caused serious lost.
Most altcoins aren't suitable for long-term, they are only good for either scalping or short-term trades because when you are doing these things, you don't need to care about the long-term price results of that cryptocurrency because even if it moves up a little bit for one day or even for one hour, you will achieve what you were looking for and sell your assets immediately for a small percentage of profit.
Some altcoins are trusted by the market such as ETH, LTC, DASH, and some more, but other than ETH, none of the altcoins seems to be completely trustworthy when it comes to holding them for the long term, this is why traders only use altcoins for short-term mostly.
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Yes you are right..
Although trading seems pretty cool for those who can trade very well or those who seems to be professional in trading as well making profits. I just totally accepted investing at the bear market only on bitcoin since it easily bounce back to the price than altcoin, in altcoin investment most of them do not survived for long run and caused serious lost.
Trading is looking easy if we hear about it from others because we just assume that every buying and selling can give us profit. But only experts can make income through trading while newbies and those who don't know anything will just lower the value of their money if they blindly do trade without learning.
In case of Investment not only Bitcoin but some altcoins are also better for holding longer and examples include Ethereum, BNB, Solana so if you choose different coins with different values so you can take revenue from both Bitcoin and altcoins through investment.
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Although trading seems pretty cool for those who can trade very well or those who seems to be professional in trading as well making profits. I just totally accepted investing at the bear market only on bitcoin since it easily bounce back to the price than altcoin, in altcoin investment most of them do not survived for long run and caused serious lost.
Most altcoins aren't suitable for long-term, they are only good for either scalping or short-term trades because when you are doing these things, you don't need to care about the long-term price results of that cryptocurrency because even if it moves up a little bit for one day or even for one hour, you will achieve what you were looking for and sell your assets immediately for a small percentage of profit.
Some altcoins are trusted by the market such as ETH, LTC, DASH, and some more, but other than ETH, none of the altcoins seems to be completely trustworthy when it comes to holding them for the long term, this is why traders only use altcoins for short-term mostly.
I completely agree with you because I have came across some topics that people keep saying that altcoin are for short term and of a true with the way altcoin are being manipulated one could be forced to quickly sell of when there seems to be little changes in the market, and Long ethereum has been proven to be the coin after bitcoin since is the second in number and people prefer putting their investment in ethereum or bitcoin.
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Although trading seems pretty cool for those who can trade very well or those who seems to be professional in trading as well making profits. I just totally accepted investing at the bear market only on bitcoin since it easily bounce back to the price than altcoin, in altcoin investment most of them do not survived for long run and caused serious lost.
Most altcoins aren't suitable for long-term, they are only good for either scalping or short-term trades because when you are doing these things, you don't need to care about the long-term price results of that cryptocurrency because even if it moves up a little bit for one day or even for one hour, you will achieve what you were looking for and sell your assets immediately for a small percentage of profit.
Some altcoins are trusted by the market such as ETH, LTC, DASH, and some more, but other than ETH, none of the altcoins seems to be completely trustworthy when it comes to holding them for the long term, this is why traders only use altcoins for short-term mostly.
I completely agree with you because I have came across some topics that people keep saying that altcoin are for short term and of a true with the way altcoin are being manipulated one could be forced to quickly sell of when there seems to be little changes in the market, and Long ethereum has been proven to be the coin after bitcoin since is the second in number and people prefer putting their investment in ethereum or bitcoin.
Altcoins are used for daily trading because they have very fast price movements and the prices are still cheap, whereas if we do daily trading on Bitcoin of course that won't happen, therefore many altcoins are created in the hope of growing the Bitcoin assets we have.
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... we might still see another ATH within next year 2025. So buy and hold tight!
We talked about 2024 so much, now we are already talking about 2025, when there are still many months left until the end of this year.
This may not be encouraging for some new investors to read because there are people who invested in cryptocurrency with the knowledge of the halving, knowing that there was a very high potential for their investment to increase, but because it has not happened as expected yet, most of them, due to their lack of experience and knowledge, would not be encouraged to use this opportunity to invest more.
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... we might still see another ATH within next year 2025. So buy and hold tight!
We talked about 2024 so much, now we are already talking about 2025, when there are still many months left until the end of this year.
This may not be encouraging for some new investors to read because there are people who invested in cryptocurrency with the knowledge of the halving, knowing that there was a very high potential for their investment to increase, but because it has not happened as expected yet, most of them, due to their lack of experience and knowledge, would not be encouraged to use this opportunity to invest more.
Except for a newbie invest because we know that old investors don't panicked anymore since they already knew the market formation, so instead of them to be weak about the market they would utilized that opportunity to investor more and hodl. We can't deny the fact that bitcoin always follows it's historical data and for that we can't experience much bull even though there is but comes 2025 there would be another ATH.