A question about halving

[fortunecrypto]

Someone asked me this question yesterday and I decide to share it with others on here today.

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

Am I wrong? Am I right? Leave your thoughts below, thanks

If you are talking about Bitcoin, yes it's worth it, we are talking about cutting in the supply and if there is a huge demand but the supply can't keep up then there is a possibility that the price will go up, I cannot speak for other coins or tokens but these coins are just relying on the price of Bitcoin for their performance in the market.

[TheGreatPython]

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

You must have answered in terms of bitcoin. In my opinion halving must be the biggest feature in bitcoin's economic rules because only because of halving deflation will occur quickly which must be the important thing for making bitcoin as one of the attractive investment opportunity of our life time. Yes, we do not need to bother about any other coin's halving feature because other halving will not impact crypto markets unlike how influentially bitcoin's halving will be impacting.

Simply I must say, halving will be the enough reason for anyone to invest with bitcoins. But do not get mislead by same kind of halving feature for any other coin. This way I believe you might have answered to your friend in the right sense.

[Linkkoin]

As we are on altcoin subforum we will give you an example.

In December 2020 the price of LTC was $20. Half a year later, there had been halving of Litecoin. Because of that, the price of Litecoin skyrocketed to almost $200 (5 weeks before halving itself).
After this peak the halving bubble burst (one of the reasons behind that was that for smaller miners, mining stopped to be profitable and they went mining another crypto), and today the price of LTC is $60.

[Tash]

Last year about 3.2% of all coins where mined. The next 4 years about 1.6% of all coins be mined every year, 0.8% the halving after that.....

Blocks 24h ~ 150 times reward 12.5 times price is new coins available to sell per day, The reward is sliced.

[jrrsparkles]

Someone asked me this question yesterday and I decide to share it with others on here today.

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

Am I wrong? Am I right? Leave your thoughts below, thanks

Halving doesn't make changes in its value only the speculation hype from the halving made this into more profitable.So not every coin is going to be suitable for investing after halving but after bitcoin halving most cryptos expected to boom.

[bitgolden]

The halving you’re talking about , do you mean Bitcoin or just these altcoins? If you’re referring to altcoins then that’s a total waste of time. A Halving is not enough reason for anyone to invest in an altcoin, the only halving that I know have been able to have an effect on the market is the Bitcoin Halving. About two times the Bitcoin Halving took place, there were some movements in the chart and the price of most cryptocurrencies, especially Bitcoin and top altcoins did go up.

The last one halving was what led us to the all time high price where we were able to reach an all time high of almost $20,000. So I will say that Halving is a good reason to invest in Bitcoin, and not altcoins. But I’m not saying that halving is enough reason, you still have to be very careful.

[Javi_Anibarro]

It is not about whether it will work for several years or not but halving is a feature to control the inflation rate,
The real value comes from the usage of the coin itself, halving can not be used as a sole indicator to invest because it does not bring any technical usage.
Just like fiat, if we are using gold or silver as form of payment then what is the usage of fiat?
You can use it to measure the potential risk of a certain coin but you must not use it as a guide to make an investment.

[Jannyh]

In as much as I haven't really witnessed any halving,but from information I got while researching,I think it is good to invest even because of halving,as I was told and hope to see the effect of halving this year,that there will be price surge in bitcoin,so I think it's an opportunity to benefit from the price surge.

[LbtalkL]

Halving is only happening on bitcoin it has no connection with other projects, so you yeah you made the right decision, On bitcoin, it is not guaranteed that the price will go up but it is expected that it will happen I hope so, but we are on crypto industry unexpected things might always happen even it is good or bad for us. Tell your friend don't invest just because it is halving, invest because you already made a background check and a lot of research about a particular project.

[btcholder]

Depend on what kinda project are you looking for. If i talk about btc then you can see btc price bump in every btc halving. Halving is really good opportunity for miners because of bonus price. Now there is one thing, if miners sold there bonus after halving then price might be dump. Otherwise it's a good thing for project and project's product price.

[moonblocks]

Projects that have tokenized assets don't have halving like Proof-of-Work coins such as Bitcoin and a halving for the latter can be beneficial as it reduces the block rewards and can result in price appreciation in the lead up to and afterwards

[joseyphil82]

Coins like BCD and few others have their Halving coming up after Bitcoin halving and I can say it's a good buy because the reward for miners will definitely be lower, price increasing is possible

[Tash]

Coins like BCD and few others have their Halving coming up after Bitcoin halving and I can say it's a good buy because the reward for miners will definitely be lower, price increasing is possible

Price decrease is also possible.

[gensol]

No it isn't and anyone waiting on Bitcoin halving to perform a price miracle on bitcoin price will be disappointed at the end. Halving does not guarantee price spike I learnt this from LTC halving.

[Inkdatar]

The halving that you're saying the price of bitcoin could possibly increase. Not a good reasons to invest in altcoin.  Before this to occur mostly users are into buying before price could soar high in the market. A lot of speculations actually on what could happen during that time, but, on your contentment searching is the best before making any decisions in crypto.

[BitTraderCute]

No it isn't and anyone waiting on Bitcoin halving to perform a price miracle on bitcoin price will be disappointed at the end. Halving does not guarantee price spike I learnt this from LTC halving.

many people thinking and hope halving will make bitcoin price rise directly. but based on history and learn from litecoin halving it is not true. even price drop after halving. we need to learn about price history and market psychology when facing this important news.everything could happen although halving was main trigger for crypto recovery.

[VDraci]

Every coins that have this halving feature are minable coins, might be different algorithms but they decrease overtime apart from high difficulty this is another thing for miners to be worried about

[Tash]

Every coins that have this halving feature are minable coins, might be different algorithms but they decrease overtime apart from high difficulty this is another thing for miners to be worried about

No, lots of mineable coins dont. Dogecoin mines 10000 doge per block forever, Monero at about May 2022 starts the 0.3 new XRP every minute, Dash reduces 7.1% every year.........

Bitcoin until no new coins produced, in about year 2140.
https://bitcointalk.org/index.php?topic=5225158.msg53821350#msg53821350

[Rosilito]

It works best when you'll invest prior to such event then withdrawing the profit when it is on its peak, the thing is that you don't know where will be the peak be at, 'cause you might either wait believing that it will continue to go up then it don't, and worse the market suddenly goes down and you didn't even get the chance to claim the most profitable place. Anyway, it is a good investment, IMO, at some point since it was proven that it helps rasises the market. But when your friend are about to invest after or several months, years passed and you believe on it because it happens usually sooner or later then your friend must be patient, 'cause it takes years to happens, and bullrun doesn't occur right when halving is about to start.

[asriloni]

Projects that have tokenized assets don't have halving like Proof-of-Work coins such as Bitcoin and a halving for the latter can be beneficial as it reduces the block rewards and can result in price appreciation in the lead up to and afterwards

POS is not using halving but it was reducing the annual yield that will bring an impact for the coin that will be distributed to the market caused by staking. You should know the mechanism of POS and you will understand it correctly.