Altcoins Talks - Cryptocurrency Forum
Local => Nigerian Languages => Topic started by: Thyplaymaker on April 26, 2024, 12:34:19 AM
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Normally most of us here this halving is not our first , while some of us such as myself as red about the previous halvings but hasn't experience any . But base on those knowledge we have gathered from those experience shows that there's a big different in this bull run from the previous ones. Because by now market for dey red because there's always decrease in price before the journey (increase) of the new peak of Bitcoin go start.like for instance during the halving dip for sup but instead the prices just dey normal, is not surprising tho because the people wey dey buy bitcoin now dey many due to adoptions and most of them na big men and companies.
But now most of us are already in a state of been confused , but the only right thing to do is to keep holding because as this bull run season tey dey different From the others . Na so e go still tey surpassed the other previous bull run, which means there's a high chances that the percentage wey e go tey rise go beat the others .
So I hope you are still holdling . So that you won't endup regretting your actions when others are testifying.
Let's me say this , the truth must be told this our naija board nor too active at all .
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Because by now market for dey red because there's always decrease in price before the journey (increase) of the new peak of Bitcoin go start.
The decrease that is significant in previous halving was in March 2020 while halving was in May 2020. After halving, no much rise or fall until the bull run started. I did not check for other two halvings.
Na so e go still tey surpassed the other previous bull run, which means there's a high chances that the percentage wey e go tey rise go beat the others .
In percentage? No. Previous halvings price increase in percentage were more than the next. So if the percentage rise in this halving is lower, it should not be a surprise.
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Because by now market for dey red because there's always decrease in price before the journey (increase) of the new peak of Bitcoin go start.
The decrease that is significant in previous halving was in March 2020 while halving was in May 2020. After halving, no much rise or fall until the bull run started. I did not check for other two halvings.
40.74 % dip in 2012 - this happened only in 3 days and 38.83% dip in June 2016 before July 9, 2020 halving. What the percentage of this year dip?
Let's me say this , the truth must be told this our naija board nor too active at all .
Not only here, the forum overall. Noticed it too.
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Whoever is confused because he has never witnessed any halving but this one as their first halving should not bother about the current price of bitcoin, but use it as an advantage to keep buying if the price dips below this price, then it is a better opportunity for investors who are still accumulating. If the bull run comes, we will see it and no matter how long it takes, it is worth waiting for a while. We have being waiting for the bull run since 2022,so waiting for few more months is the best.
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40.74 % dip in 2012 - this happened only in 3 days and 38.83% dip in June 2016 before July 9, 2020 halving. What the percentage of this year dip?
I am not referring to the halving year dip, I am referring to the dip after halving. Example is in 2029, the dip was in March but halving had not occured at the time. 2020 halving was in May and the market did not go further down than expected, unlike before halving. In 2020, bitcoin went down below $3800 in March. Halving was in May and bitcoin was around $8800 at the time. Bitcoin never went down more than that price but increased more.
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But now most of us are already in a state of been confused , but the only right thing to do is to keep holding because as this bull run season tey dey different From the others . Na so e go still tey surpassed the other previous bull run, which means there's a high chances that the percentage wey e go tey rise go beat the others .
Truth na say by now many people wey dey hodl bitcoins dey expect say the price go dun dey fly by now based on halving wey dem dey wait for since, but patience is a virtue.
“The halving is often portrayed as a short-term event, but it can take several months to see the full effect.”
Read more here (https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-halving-2024/)
Let's me say this , the truth must be told this our naija board nor too active at all .
Na small small, I believe say our activity go soon increase. Many Nigerians wey dey bitcointalk nor dey this forum yet.
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40.74 % dip in 2012 - this happened only in 3 days and 38.83% dip in June 2016 before July 9, 2020 halving. What the percentage of this year dip?
I am not referring to the halving year dip, I am referring to the dip after halving. Example is in 2029, the dip was in March but halving had not occured at the time. 2020 halving was in May and the market did not go further down than expected, unlike before halving. In 2020, bitcoin went down below $3800 in March. Halving was in May and bitcoin was around $8800 at the time. Bitcoin never went down more than that price but increased more.
This is all you need - carries 3 historical pre and post-halving dip and spark.
(https://talkimg.com/images/2024/04/26/rAz41.png)
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Op first of all I been won tell you since. Dat campaign signature and avatar wey you dey wear dey paramulate around di forum, na free advert you dey do for di company and if dat campaign come back, di manager fit no pick you. So don't think say because you dey wear am dey post go make di manager go pick u na lie. Dat one na by way, really even me I was planning to buy more bitcoin to my portfolio but the irony was disappointment to many people. And dis one was my first time to experience halving so I don't know what would happen. Even the coming All Time High, I don't know what will happen. Some say the price will hit $150 and some said the nobody go fit make any transactions and sell because the transaction fee go too high so if you want to sell it is better we keep in exchange from now so that when the time comes you only sell and not sending from non custodial wallet again. And I see sense in dat tok.
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Dat one na by way, really even me I was planning to buy more bitcoin to my portfolio but the irony was disappointment to many people. And dis one was my first time to experience halving so I don't know what would happen. Even the coming All Time High, I don't know what will happen. Some say the price will hit $150 and some said the nobody go fit make any transactions and sell because the transaction fee go too high so if you want to sell it is better we keep in exchange from now so that when the time comes you only sell and not sending from non custodial wallet again. And I see sense in dat tok.
Don't buy the news
Buy Bitcoin
Nobody knows whats going to happen, the current price could be the first dip or could still go more dip. All we have now are speculations, historical price analysis and all That.
We saw Bitcoin go below it previous ATH last year for the first time so anything can happen.. just DYOR
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Whoever is confused because he has never witnessed any halving but this one as their first halving should not bother about the current price of bitcoin, but use it as an advantage to keep buying if the price dips below this price, then it is a better opportunity for investors who are still accumulating. If the bull run comes, we will see it and no matter how long it takes, it is worth waiting for a while. We have being waiting for the bull run since 2022,so waiting for few more months is the best.
Waiting is all what we can do because we are actually powerless against the price and putting your mind always on the price isn't really going to help because it will just increase your anxiety more and can even lead you to making mistake that you might end up regretting so like you advice, buying and stacking up is probably the best because no matter what the bull will surely come and that time we will all be smiling.
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This is all you need - carries 3 historical pre and post-halving dip and spark.
No. We are in after halving period and this post was made today. This is the OP part of the post that I corrected:
Because by now market for dey red because there's always decrease in price before the journey (increase) of the new peak of Bitcoin go start.
The decrease that is significant in previous halving was in March 2020 while halving was in May 2020. After halving, no much rise or fall until the bull run started. I did not check for other two halvings.
We are not in red by this time in 2020 halving. The market was less volatile and it later in two months increased and followed by increase.
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The decrease that is significant in previous halving was in March 2020 while halving was in May 2020. After halving, no much rise or fall until the bull run started. I did not check for other two halvings
Ohh then is before the halving na the dip tey dey sup abi, I thought was during halving because of the halfing of the mining reward.
We are not in red by this time in 2020 halving. The market was less volatile and it later in two months increased and followed by increase.
Na true sha bcus Bitcoin dun ready increase with nice percentage before the halving. But chance dey dey go rise well but no body know sha, but beating $100k nah sure thing .
Not only here, the forum overall. Noticed it too.
Exactly, every where con dey dull somehow. Well we still dey growing stage for the forum sha , just as Rruchi man talk am small small the traffic wey dey here go high and as more campaign open here , bcus I believe say most people wey wan promote through campaign dey observe first , so time still dey for more campaign to come even more users to come still .
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Let's me say this , the truth must be told this our naija board nor too active at all .
This place supposed active pass like this though but we know how the mats be na because many if us here dey already engaged in other forum and some people dey mostly dey active there than here because onto say here never too clear for them eyes so, dem gat to go where e go dey dem easy to cope.
Let's keep this aside, investment no really easy sha because no be dey way wey others dey financially stable wey anoda person go be and with wetin don happen so far people no expect say things go play out like this for bitcoin price. Some people think say halving go start and once e start and end we go see serious dip but this around the case different and if them no endure hold till ending of this year or next year nothing go sup for them.
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The halving came as scheduled and predicted and the price of bitcoin became as a surprised to most of us and if not to all. Because everyone was thinking that the price will hit the All Time High after the halving but it came before the halving. So we are still hoping to see another great one again.
Yes this na di first time I dey halving. And things I see in the halving were wonderful.
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Ohh then is before the halving na the dip tey dey sup abi, I thought was during halving because of the halfing of the mining reward.
We can only predict, we do not know about the future. I did not analyze 2012 and 2016 halving. I just did the one for 2020 halving. When I saw something opposite, that was why I did not further the analyses. Just like I said, we do not know the future, this time halving might be different. We got to all-time-high even before halving and bitcoin has been having resistance around $73000. I do not know where the market is going right now but I believe that bitcoin will still get to $100000 before the next massive bear market. I still even aim higher than $100000.
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This is all you need - carries 3 historical pre and post-halving dip and spark.
No. We are in after halving period and this post was made today. This is the OP part of the post that I corrected:
What post was made today? You requested to know Bitcoin performance in terms of price after every halving and the chart I provided covered 3 Bitcoin halving ( price before and after halving)
I am not referring to the halving year dip, I am referring to the dip after halving.
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Ohh then is before the halving na the dip tey dey sup abi, I thought was during halving because of the halfing of the mining reward.
We can only predict, we do not know about the future. I did not analyze 2012 and 2016 halving. I just did the one for 2020 halving. When I saw something opposite, that was why I did not further the analyses. Just like I said, we do not know the future, this time halving might be different. We got to all-time-high even before halving and bitcoin has been having resistance around $73000. I do not know where the market is going right now but I believe that bitcoin will still get to $100000 before the next massive bear market. I still even aim higher than $100000.
As it stands now, the market and price of bitcoin has no direction. All the predictions about Bitcoin going above ath immediately after halving is stalled. This goes to show that no one can predict the market but only speculate.
These are the reasons why I do not bother listening to all these social media motivational speakers without speaker. They just talk and talk speculating and decieving the masses making them think what they say is all correct.