Show Posts
The halving was a major event that attracted many new investors to bitcoins, some started investing seriously some months to the halving just so to make some profit from it.The halving was what attracted them, but now that the halving has come and gone, do you think that the number of new investors will reduce for the now until the next halving is close again?
After every halving events comes unnecessary worries among investors, I was once like you OP, and thinking this way makes me lose hope in Bitcoin only to be surprised in few months later, if you are smart enough you will hold your Bitcoin like your life depends on it.
So many people will lose hope, it has always happen this way in the past post halving season, and the real redistribution of wealth will start taking place, many will leave and some will accumulate more, while everything keeps looking boring, things will start changing.
Its a trick on the mind if you believe that its over, when it looks like its over is when a parabolic move is gearing up, do not be a fool, you have been warned.
That's how the market works. In my opinion, the market will only grow when people get bored and sell all their bitcoins., the market will never increase in price if there are still many investors who are optimistic and determined not to sell their bitcoins. Market makers won't push the market to high levels for investors to take profits because they won't get anything out of it, but by making things dull and boring, people will feeling disappointed and selling thier bitcoins. Then they will push the market up in people's doubts and people will buy back at high prices and that is when market makers take profits.
