kryptqnick
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June 24, 2023, 12:32:56 PM |
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While halving does seem to get a lot of attention each time, I think the attention is usually positive. Namely, a lot of people believe that halving is correlates strongly with the bull market. The reasoning here is that mining becomes more difficult, so fewer new bitcoins are mined, and so scarcity of Bitcoin becomes prominent, leading to the increase of price. Alternatively, there's reasoning that mining must stay profitable, and as fewer coins are being mined, the price is bound to go up. Both are faulty, of course, but it doesn't mean they aren't influential.
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Bananington
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June 24, 2023, 12:37:51 PM |
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Yes, like the title above, we all know the halving time is will always full of drama, this always happens at that time, but I don't know why many people forget and still spread FUD everywhere. If they understand that and know it always happens on every 4 years, they shall be calm and relaxed to face SEC, Binance, or anything drama.
The halving becomes a time where, human greed is expressed. I call it human greed in the fact that, despite the FUD that would be passed or rally along the halving, its the time where you would find new investors and those with shaking hands find the courage to buy or hold on a little longer yo there precious bitcoin and sats to earn them more value. Its a time where you find users fixing there eyes on the price rather tha the many FUD that would be tossed around. Then you would have those who wished they ha invested early and those who wished, they didn't sell when they sold and the rest who wished, they had held to them precious sat and not looked at it to be worth nothing. You make it seem like it's a judgement days for cryptocurrency holders. It isn't going to be that way I can clearly assure. News would be here and there making FUD about the situation, but I believe before this happens, stringent fail-safes will be inputted to absorb whatever the nuance that's going to occur. I am not to going to stop buying coins as long as it is sold, even during the time of the halving. To experience such which happens elin four years, is a learning curve for any Bitcoin holder. If BTC survives the halving, it would prove to other users and coins that is it yet again more stable and on top, because it can successfully implement such a protocol and still assures profit for both traders, miners and investors who HOdl.
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retreat
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June 24, 2023, 01:04:04 PM |
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Drama will continue to occur in the Bitcoin market, before or after the halving. Either it comes from the government or from the crypto market itself. The point is how can we respond to this condition and keep holding our assets until our goals are achieved. Because a lot of people get carried away by these dramas and panic and end up selling their Bitcoins and that's what those who want Bitcoins are hoping to drop and then buy them at a cheap price.
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KiaKia
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June 24, 2023, 02:01:50 PM Merited by JayJuanGee (1) |
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There are bunch of people that will still give up after the halving of bitcoin because they have the expectation of seeing a new all time high after the halving is successful but knowing that they have to wait another year will be less encouraging for them and everything will feel even more boring, how prepared you are is what will set you for greatness in crypto investment, it's not going to be a smooth journey, trust me, there might come a time where you will doubt yourself and the objectives you are pursuing. This is why I always try to advise many investors to never invest money that they have plans to use in the coming few years, you can never tell how long the bear market will last, let the past be seen as past, and don't always expect the future to repeat the past.
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robattfield
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June 24, 2023, 02:40:32 PM |
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Do not panic and calmly face these fluctuations. Understanding the causes of fluctuations and the market will help you make smarter decisions and take advantage of opportunities if they arise. We are in the market, its volatility has a cause, so not only this event, but I understand at the right time, we will see for ourselves the conditions to push the price of bitcoin, there are What happened is the basis for our study, but actually I prefer looking at the present rather than thinking about the possibility of things repeating periodically.
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bayu7adi
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June 24, 2023, 10:53:20 PM |
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Just like always, whales have their own way of creating opportunities to buy Bitcoin at affordable prices. They know that their power can manipulate the market. Sacrificing a small amount of money to gain bigger returns is not a bad decision.
This may sound harsh for small traders who can only follow the market's movements. However, it all comes down to the same reason—volatility. So, there's no need to worry about the drama that unfolds.
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panganib999
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June 24, 2023, 11:03:26 PM |
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It's just FUD in general — not necessarily because the halving is around the corner. I'm pretty sure the government could care less about the halving. The FUD recently has mostly been before the spot ETF announcements — it's a pretty safe assumption that it's been coordinated.
Yeah lmao. I won't even be surprised if they didn't know about bitcoin halving or anything about it at all. Although coincidentally FUD seems to just be strongest when the halving's afoot. Like last 2020 as we all know we got struck by the pandemic and all that, does it all mean that everything's conspiring to devalue bitcoin, discourage all of its believers, and push everyone who trusted it away from the cryptocurrency giant? I don't think so. It just happens, apparently. Just like always, whales have their own way of creating opportunities to buy Bitcoin at affordable prices. They know that their power can manipulate the market. Sacrificing a small amount of money to gain bigger returns is not a bad decision.
This may sound harsh for small traders who can only follow the market's movements. However, it all comes down to the same reason—volatility. So, there's no need to worry about the drama that unfolds.
Your argument would make complete sense if not for the fact that a lot of the "FUD" that you said was used to weaponize and use to dump bitcoin's value to open buy opportunities for whales before the halving is, well, acts of God and nature. Pandemic, Inflation, a lot of it is really stuff that you can't control or with effects on bitcoin that are only an afterthought.
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serveria.com
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Privacy Servers. Since 2009.
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June 24, 2023, 11:09:21 PM Merited by JayJuanGee (1) |
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Yes, like the title above, we all know the halving time is will always full of drama, this always happens at that time, but I don't know why many people forget and still spread FUD everywhere. If they understand that and know it always happens on every 4 years, they shall be calm and relaxed to face SEC, Binance, or anything drama.
I hope this lesson gives you an important point. They create this to dump Bitcoin, they do this to scare you, they do this to buy Bitcoin at a cheap price, and After buying with a lot of money, you already know that today Bitcoin price is pumped like crazy, right?
So, I just want to say; Don't forget, The drama could happen again and repeat until the halving time. you must be strong and patient. you will definitely win if you face it with a quiet and strong hand if happen again in the near future.
Cheers
As an early adopter I don't think halvings and FUD are connected in any way. The "black swan" event normally happens months or even years before halving. Normally, the price right before or after halving has gone up significantly already. I think we have witnessed the lowest point this cycle already.
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Sarah Azhari (OP)
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June 28, 2023, 12:21:11 AM |
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As an early adopter I don't think halvings and FUD are connected in any way. The "black swan" event normally happens months or even years before halving. Normally, the price right before or after halving has gone up significantly already. I think we have witnessed the lowest point this cycle already.
If we are often at The "black swan" event, surely we don't panic, but that effect does not apply for the weak hand which makes "the often people" sooner or later it will follow that fear, the talkative like this often happens following fud. this ever happened with me last year ago when ftx exchange collapsed which make Bitcoin price dump. Even I know this is the black swan, but I can't not hear screaming fud on everywhere which make me sold also my treasury. I am affected, even I know it will happen.
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Poker Player
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June 28, 2023, 03:49:33 AM |
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I think we have witnessed the lowest point this cycle already.
I also think so. As far as drama is concerned, I think there will be little. The only thing is that until after halving and even when we are in the bull market there will be ups and downs, small dramas I would say. But the real drama would be for example that next cycle we do not have a bull market, that the price does not exceed the $69K of this cycle. Things like that, which are very unlikely to happen, but if they did happen they would be a real drama.
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Die_empty
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June 28, 2023, 09:05:15 AM |
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So, I just want to say; Don't forget, The drama could happen again and repeat until the halving time. you must be strong and patient. you will definitely win if you face it with a quiet and strong hand if happen again in the near future.
As a Bitcoiner, I have never personally experienced Bitcoin halving; instead, I only hear that the Bitcoin price do go above its all-time high. Since I've learned a lot from this forum and am actively looking for ways to acquire more Bitcoin before the price starts to rise, nothing can make me consider selling my current Bitcoin holdings. It is also my first halving season and I hope it favors me. I am also pleased to be in the forum at this time. I don't blame people that dump their coins because of FUD because they don't have enough information. Some of them also have bad experiences with shitcoins, so they are always terrified. But this forum has been informative and motivational, I am just fortunate to be here. While halving does seem to get a lot of attention each time, I think the attention is usually positive. Namely, a lot of people believe that halving is correlates strongly with the bull market. The reasoning here is that mining becomes more difficult, so fewer new bitcoins are mined, and so scarcity of Bitcoin becomes prominent, leading to the increase of price. Alternatively, there's reasoning that mining must stay profitable, and as fewer coins are being mined, the price is bound to go up. Both are faulty, of course, but it doesn't mean they aren't influential.
The halving season gives the principle of demand and supply the opportunity to function. With the mining of fewer coins and the usually positive views that people have for the season, demand will go high which will lead to a high in price. Some people will never buy bitcoin until the price starts going up. They are short-term investors that want to make fast profits.
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tranthidung
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Farewell o_e_l_e_o
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June 28, 2023, 09:29:01 AM Merited by JayJuanGee (1) |
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As far as drama is concerned, I think there will be little. The only thing is that until after halving and even when we are in the bull market there will be ups and downs, small dramas I would say. But the real drama would be for example that next cycle we do not have a bull market, that the price does not exceed the $69K of this cycle. Things like that, which are very unlikely to happen, but if they did happen they would be a real drama.
Drama, FUD and "Bitcoin is dead" are parts of Bitcoin market but the intensity of calling like "Bitcoin is Dead" has been decreasing with time. If Bitcoin is not dead, it has been become stronger. What can not kill you, will make you stronger. Deaths by year
2010: 1 2011: 6 2012: 1 2013: 17 2014: 29 2015: 39 2016: 28 2017: 124 2018: 93 2019: 41 2020: 14 2021: 47 2022: 27 2023: 7
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Onyeeze
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June 28, 2023, 09:32:16 AM |
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Bitcoin halving always a drama time but the thing is that it's some one who have the mind and also understand the move of Bitcoin that will be relaxed in anything that happens in Bitcoin weather the situation in price is nice or not, I don't bother in Bitcoin price because I have heard many information of Bitcoin during the bullish market and bearish market, only thing a investor should do in Bitcoin is to have patients until the it increase again in market if it's having a difficulties for market
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Ahli38
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June 28, 2023, 09:46:26 AM Merited by JayJuanGee (1) |
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All I can do in response to Bitcoin's journey towards halving is to stay firm in accumulation mode. no matter where the fud comes from. As long as my accumulation target has not been fully met, I will continue to continue DCA amidst the storm of drama and price waves that continue to ebb and flow. I am enjoying my DCA journey because I believe Bitcoin has a future that is getting better from time to time.
Giant financial companies are now even starting to enter and glance at Bitcoin. So of course I don't want to miss the party again when Bitcoin again surpasses its highest price.
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posi
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June 28, 2023, 09:55:27 AM Merited by JayJuanGee (1) |
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Drama will continue to occur in the Bitcoin market, before or after the halving. Either it comes from the government or from the crypto market itself. The point is how can we respond to this condition and keep holding our assets until our goals are achieved. Because a lot of people get carried away by these dramas and panic and end up selling their Bitcoins and that's what those who want Bitcoins are hoping to drop and then buy them at a cheap price.
Drama is part of the market, and it will always happen at any time, it and the halving really don't have any connection, as OP mentions. To solve this problem beyond knowledge, I don't think there is a 2nd solution. Once we become bitcoin investors as long as we know everything about bitcoin, dealing with Fuds becomes too easy. For me, Fuds or black swans are a good thing for us instead of panicking. Without black swans like FTX or Luna, how can we buy bitcoin for $15k, and without drama between Binance and SEC, how can we buy bitcoin for $26k?
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yazher
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June 28, 2023, 11:40:11 AM |
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In the crypto market, you always need to be ready for anything that could happen when the price is not looking good because what follows is fake news everywhere to discourage us from holding our bitcoins for the long term. Whether it will be bitcoin halving season or not, you need to get ready and expect not always what you see it in the crypto market is green scenery because that's not all the case. Patience and perseverance are your only way of surviving the harsh situations of the crypto market ignore every negative rumor that will affect your peaceful mind, and don't listen to the podcast stating negative things about investing in bitcoins.
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Flexystar
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June 28, 2023, 12:17:59 PM |
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I believe the drama is not just limited to halving but the entire crypto space itself. SEC or CBDC or any other financial associated system they will always be there to have their share of potion. I don’t know if it is intentional or they really do the job all the time but it’s hectic for the investors. Various institutes had to close the doors just because of such drama.
Anyhow, bitcoin is always solid when it comes to SEC drama or other institute’s bugging into it. The only few things happen with it are: it drops in value, it rises in value, it stays still, it rolls. I hope the oldest investor here knows what I mean by this. Just keep holding.
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Questat
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June 28, 2023, 12:34:30 PM |
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Yes, like the title above, we all know the halving time is will always full of drama, this always happens at that time, but I don't know why many people forget and still spread FUD everywhere. If they understand that and know it always happens on every 4 years, they shall be calm and relaxed to face SEC, Binance, or anything drama.
Well, as you have said the market is full of drama, and that what you see is part of it. In fact, it was impossible to stop people from believing in FUDs as negativity will appear in their minds once seeing and hear negative things that would influence their market insights. But I say that this drama helps to gain more attraction because the more that people talks negatively, the more it increases visibility and then creates curiosity in the community. It doesn't bother me anyway, yes, let some investors sell their coins because some people are waiting for it to buy.
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JoyMarsha
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June 28, 2023, 10:39:47 PM Merited by fillippone (1) |
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Any industry that is experiencing growth will inevitably see dramas, and the crypto market is no different. Dramas are created in the crypto market to test the fate of investors and get them out before the halving time. Only strong-minded investors who understand the crypto market drama is only but a while, it will be over and they will make it through. Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.
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Sarah Azhari (OP)
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June 29, 2023, 01:07:53 AM |
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Without black swans like FTX or Luna, how can we buy bitcoin for $15k, and without drama between Binance and SEC, how can we buy bitcoin for $26k?
So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand. I just hope it would be fine. Fine enought to have less stress
You have to go to therapy to learn how to control it Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.
The whales create FUD to control weak hand emotions, The whales know how to control their emotion. Because of that, the beginner before turning to the trading world must have knowledge of how to control emotions. This is an important thing before, So if they know that, they don't need again trading knowledge, candle, chart or technical trading.
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