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Author Topic: The halving Gusto  (Read 401 times)
Charles-Tim
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May 01, 2020, 04:12:12 PM
Last edit: May 01, 2020, 06:37:44 PM by Charles-Tim
 #21


4)If you have never invested in bitcoin, you shouldn't just do so now because of the halving, you will be jumping the part you have to learn, and that could mean making mistakes.


You are very right about what you said, you talked about people that fomo and people that have no knowledge about bitcoin not to just invest in it at this time. But not about people that have not invested before, if they learn about it, they can just try and invest. This halving is more likely to yeild good results. So, let us encourage people to invest but to learn about it very well before investing.

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GDragon
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May 02, 2020, 02:46:17 AM
 #22

Don't tell people not to invest because they are new to this. Tell them to be smart, careful and to invest only the money that they don't need so if they lose it, they won't be broke.
You have a good point dude. That's right however I think this is not really the right time for them to invest since the market is now booming. I can foresee that if they insist it, they might be late for earning. If an expereienced like me don't yet invest then what more for them Cheesy (actually I just miss the boat that's why, my bad *facepalm). Maybe I will wait a little bit longer hoping the price decline.

Same, feels good to know someone also miss the boat(don't get me wrong). Just a little too late to buy and I just woke with the btc price at around 8k-9k. The only btc investment I have now comes from the campaign. The market is now booming but I am still planning to buy, I think it will be alright as long as the money I used isn't for something else, I can hold it as long as I can and wait for the btc price to reach the expected price after halving. I hope it will.

But just like you've said, still waiting if it will still decline, and I won't miss it again. ahecks.



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May 02, 2020, 07:18:31 AM
 #23



I don't know how many newbies here on bitcointalk are planning on doing the same thing, the halving is well anticipated, and it may(or may not)have a high appreciation in the price of bitcoin; But with that said there are things you should not do.
1)You should not invest more than what you can afford to lose because of the upcoming halving.
2)Do not take loans just to invest in bitcoin(because the halving is close), you could be left with debts to pay.
3)If you do not have knowledge about bitcoin/halving(like my friends), don't just act based on what's on the internet, always verify to make sure you are making the right choice.
4)If you have never invested in bitcoin, you shouldn't just do so now because of the halving, you will be jumping the part you have to learn, and that could mean making mistakes.
5)Do not feel the pressure of investing because alot of people are, it should be your decision and choice to make.

I have always recommend to all my recruits or those who are asking me about investing in Cryptocurrency to sit back first and do a lot of research I can only help them by sending links where they can read information about Cryptocurrency and investing, when it comes to investing, they need a good advice coming from the experts..

nakamura12
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May 02, 2020, 05:51:48 PM
 #24

If I have friends like you that doesn't have much knowledge about bitcoin halving is I would always let them know about t
point number 3 in your list which is a good choice to make and should to remember the other point in your list or else they will have huge debts to pay.
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