Should I invest in Bitcoin before halving?

[hellcat]

As many Bitcoin enthusiasts know, the total supply of bitcoins has been deliberately limited to 21 million to contain inflation. This means only 21 million bitcoins will ever be minted. That makes Bitcoin a scarce commodity by design, and that’s why, like gold, many see Bitcoin as a way to hedge against the inflationary pressures fiat currencies can be subject to.
**There’s no shortage of people who would like to invest in cryptocurrency. The hard truth without a combination of experience, a feel for the market, and access to the latest cryptocurrency news this can be quite difficult to do in a profitable way over the middle and long term. In exciting news in this area, PremiumCryptoHub (www.premiumcryptohub.com) is now offering a solution to this problem. PremiumCryptoHub is a new cryptocurrency investment platform that opens up the chance to of high-earnings through investing in its platform, tapping the knowledge of its team of crypto experts. The enthusiasm surrounding the new platform is high. The new platform is a partner of many popular cryptocurrency exchanges. This is an investment Platform for the elites. Please use the referral code ikG81axJ**
Since the inception of the network in 2009, roughly 18 million bitcoins have been generated and the total supply of new bitcoins increases daily. As seen, halvings make this increase unwind at a gradually decreasing rate, substantially reducing the number of newly minted bitcoins per block every four years. That will continue until the plateau of 21 million bitcoins has been reached, somewhere around the year 2140.
Currently, there are roughly 54.000 new bitcoins being minted every month, which means that, at current price levels (around €6.500 per bitcoin), the amount of value added to the total Bitcoin supply is roughly €351 million per month.
A large part of these freshly minted bitcoins needs to be sold for cash on the market by small miners to cover their monthly operation costs. Now that the reward for their service is being halved, some of these miners might not be able to make ends meet, and therefore be forced to leave the market. This could decrease the selling pressure from miners in the months after the halving, pushing the price higher in the medium term.
However, let’s not forget that oil prices are at historic lows, which in turn is driving down the price of electricity – miners’ main variable cost – pretty much everywhere. Therefore, in this particular scenario, many small miners could manage to keep running operations for a while after the halving, so the effect described above could be somewhat hampered or delayed.
Furthermore, if we assume the market is efficiently pricing bitcoins (i.e. the current price discounts all available information to date), the expected outcome of the halving should be already priced in. This is a strong assumption though, as the truth is no one actually knows what’s going to happen.

[ShadowCrypto]

It's priced in to the extent that buyers are paying more today in the knowledge that it will be more expensive to mine.

But the actual cost of mining is 8k. Miners are selling at 8k plus or minus.

[masterrex]

If you believe that the upcoming Bitcoin block reward halving can influence and drive the Bitcoin price upward then it is your call to buy and Hold! But if you are not convinced or believe in the price speculation will thats not good for you because I think you are just Like riding in a Fear of Missing Out (FOMO).

[nicwenzel]

I think that investors are now suffering huge losses, whether it's traders, always in profit.

[SauvasET]

I think that investors are now suffering huge losses, whether it's traders, always in profit.

What do you think about trading bots? Can bots make you rich?

[nicwenzel]

I think that investors are now suffering huge losses, whether it's traders, always in profit.

What do you think about trading bots? Can bots make you rich?

There are many trading strategies, and bots are not the least of them.

[jonnydepp]

premiumcryptohub is too expensive to start to invest on. minimum of $5000 is too expensive for we that cannot afford it.

[Vandalinh1]

There are many trading strategies, and bots are not the least of them.

I can recommend you one platform, where they discuss various trading bots, in General, there is a lot of information. https://tradingbot.info/cryptocurrency-trading-bots-reviews [nofollow]

[jonnydepp]

There are many trading strategies, and bots are not the least of them.

I can recommend you one platform, where they discuss various trading bots, in General, there is a lot of information. https://tradingbot.info/cryptocurrency-trading-bots-reviews [nofollow]

instead of relying on bots, why can you just invest on platforms like cryptoexchangefx.com

[naitik01]

Bitcoin has been halving, bitcoin has now started moving forward, still investing in bitcoin will prove to be more beneficial in the long run.

[Rashed0]

I think bitcoin should not be invested before bitcoin halving, you can invest when bitcoin is halving, because you can profit by investing then, bitcoin will pump bitcoin after halving, then your investment is profitable.  Will be doubled,

[cheezcarls]

As Bitcoin halving began days ago, the price stands at $8,500. During the pre-halving period, Bitcoin was on it's way to $10k. Afterward, it reached resistance and was rejected which leads to a pullback of around $8k. Hours before the halving period, it slowly climbs back to $8,400+ before closing in on $8,500.

Now we are at $9,700, attempting to reach the $10k mark. Analysts claimed that the week closes out at least $9,200, it's a major hint of a possible bull run. However, we don't know what would happen in the coming weeks as the market is still unpredictable these days.

[hellcat]

you are all right.

[vgk88]

Yes, I think that after halving, it's a good time to invest in Bitcoin. I think that now there will be a shortage of Bitcoin in the market.

[gunhell16]

If anyone buys bitcoin before halving then holding it, I could say that they did the right things. But if you buy bitcoin while in the progress of Halving it is still good and not too late. Because if you buy Bitcoin after halving I guess that's too late for you to earn more in the future in my own perception.