lionheart78
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October 13, 2023, 11:58:53 PM Merited by vapourminer (1) |
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I witnessed 2 halving, 2016 and 2020, I am a bit late to witness the halving of 2012 since I got to know Bitcoin in 2013 and registered here in the forum in 2014. Bitcoin does not automatically enter a bull run right after the halving, it somehow enters a momentum building first for some time before it literally enters the Bull run that records new ATH. Right after the ATH the market seems to have a correction and eventually enters a bear market. Keep your expectations in check, because past performance is not indicative of future results. If you're just betting on a bull market after the halving, what will you do if you ended up being wrong? Your investment/trade thesis immediately crumbles.
True that but we cannot deny the fact that history has a tendency to repeat itself. In a plan, there should always be another option for the "what ifs" things, a button for fail-safe.
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Fivestar4everMVP
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Leading Crypto Sports Betting & Casino Platform
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October 14, 2023, 01:08:09 AM Merited by vapourminer (2) |
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I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run. I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
This I believe to be a very honest question since I myself have had thoughts along this line on several occasions, I came to know about bitcoin in 2016, and in 2017/2018, there was a massive bull run which I completely missed or could not make anything out from because I was still very limited in my knowledge of crypto, then, I didn't even know what halving was and neither did I have any idea that the halving was the catalyst behind the massive growth in the price of bitcoin which eventually extended to altcoins. In 2020/2021, Another halving happened which also was accompanied with another massive bull run, for the bull run this time, most believed it was as a result of some institutional investors coming through and investing billions of dollars in bitcoin, this massive price growth of bitcoin also extended to altcoins as well. Now, another halving is coming, and let me say that ordinarily, I myself do not expect the halving alone to push the price of bitcoin up, there is definitely something else that will do that job, and that I don't know just yet, Maybe the much anticipated Bitcoin ETF will be finally approved by the SEC in the halving period, and this will act as the catalyst that will drive the price of bitcoin to a new all time high. So yeah, its good to be ready for anything, while we keep our fingers crossed and hope for nothing but the best.
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michellee
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October 14, 2023, 04:57:35 AM |
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I only experienced halving twice in 2016 and 2020, where the price of Bitcoin only increased in 2017 and 2021. It was a beautiful and exciting moment because I saw the price reaching ATH at each halving. I guess we will see it again at the next halving next year.
And the next halving next year will be the third halving for me. There is a possibility that the price will increase greatly beyond the previous ATH and there are many speculations that the price will reach above $100k. We will see what will happen in the next halving but we cannot know when the next ATH will occur.
Maybe the next ATH will occur in 2025 or 2026 because no one knows when.
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FinneysTrueVision
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October 14, 2023, 06:45:55 AM |
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I have experienced the previous two halvings. I knew about Bitcoin in it's early years but I didn't own any until late 2015. It is actually mind blowing that in just a few months the coinbase reward will be just 3.125 Bitcoin after starting at 50 BTC.
Based on previous history many are anticipating a new ATH soon after the halving. Circumstances evolve significantly over each period so it is not a guarantee. Governments are more aware of Bitcoin now and there is more regulation. There might be more ways to obtain Bitcoin but there will always be those who wish to suppress its adoption. I am looking forward to seeing the progress it is able to make the next four years.
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rodskee
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yahoo62278
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October 14, 2023, 09:46:26 AM |
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I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run. I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
it doesnt matter how many halving have we witnessed , instead what can we do before the halving comes . accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
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CageMabok
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October 14, 2023, 11:03:25 AM |
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it doesnt matter how many halving have we witnessed , instead what can we do before the halving comes . accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
The halving cycle often occurs once every four years and in general there are not that many because I personally have only seen the halving twice and next year's will be the third time for me although for other people it may be more than that. So as before I also implemented a buying strategy before the halving happened and now it's the same way because now is a big opportunity for everyone to continue buying before the halving because when the increase is happening it will definitely be difficult to buy because you always have to use more capital.
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Magic-Money
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October 15, 2023, 12:26:17 PM |
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Every business has a session, which is Bitcoin halving is the session of Bitcoin scarcity in the cryptocurrency market which really affect others Alt-coins price to be skyrocket base on the previous halving record. Secondly I just witnessed last halving that occurs 2020/2021 that makes Bitcoin all time high price value, which next having will be greater than previous years. Therefore the level of preparation determine the profits return investment during or after as the case maybe.
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BlackBoss_
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October 15, 2023, 12:28:58 PM |
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Every business has a session, which is Bitcoin halving is the session of Bitcoin scarcity in the cryptocurrency market which really affect others Alt-coins price to be skyrocket base on the previous halving record.
What? I even feel uncertain about future Bitcoin halvings on Bitcoin price. Maybe it will come to halvings when Bitcoin halvings will no longer cause Bitcoin price to double, tripple several months after that. Altcoins? They are no longer responsibility of Bitcoin halvings to increase prices of altcoins or values of altcoins. Values of altcoin projects and their tokens must be created by their developer teams, not by Bitcoin halvings.
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bitterguy28
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October 16, 2023, 05:23:49 AM |
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I only experienced halving twice in 2016 and 2020, where the price of Bitcoin only increased in 2017 and 2021. It was a beautiful and exciting moment because I saw the price reaching ATH at each halving. I guess we will see it again at the next halving next year.
most of us experienced the same thing mate , because we are mostly came here 6-8 years ago so we have only 2 halving experiences . and yes 2 ATH of course. And the next halving next year will be the third halving for me. There is a possibility that the price will increase greatly beyond the previous ATH and there are many speculations that the price will reach above $100k. We will see what will happen in the next halving but we cannot know when the next ATH will occur.
and I hope that Like me , you will never do the same mistakes as we do mate that we did not manage to keep holding our precious bitcoin back in the days.
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DabsPoorVersion
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www.Artemis.co
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October 16, 2023, 06:01:08 AM |
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I only experienced halving twice in 2016 and 2020, where the price of Bitcoin only increased in 2017 and 2021. It was a beautiful and exciting moment because I saw the price reaching ATH at each halving. I guess we will see it again at the next halving next year.
most of us experienced the same thing mate , because we are mostly came here 6-8 years ago so we have only 2 halving experiences . and yes 2 ATH of course. The same thing happened to me; I only knew Bitcoin in early 2016. I still have no idea of what's it and its effect. So, I missed investing while its price was low. During that time, I went to different people asking for more information, especially those people who brought me here. And the next halving next year will be the third halving for me. There is a possibility that the price will increase greatly beyond the previous ATH and there are many speculations that the price will reach above $100k. We will see what will happen in the next halving but we cannot know when the next ATH will occur.
and I hope that Like me , you will never do the same mistakes as we do mate that we did not manage to keep holding our precious bitcoin back in the days. All I can say is that we have enough knowledge to never repeat the same mistake in the past. We may not be able to determine the highest price Bitcoin can get, but at least we know that we must take a profit every time its price goes up.
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Alphakilo
Sr. Member
Online
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Merit: 257
Hire Bitcointalk Camp. Manager @ r7promotions.com
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October 16, 2023, 06:18:17 AM |
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This is going to be my first halving experience. I have read that historically the prices of Bitcoin increases such that you should expect a bull run after the event. But every halving is different. During the last halving, there were no etf's applications, institutional interest in Bitcoin, political interest in Bitcoin and the recent innovations in Bitcoin. What we are doing is just hanging on and hoping that history will repeat itself and be favourable to us as always.
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SOKO-DEKE
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October 16, 2023, 06:30:35 AM |
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I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run. I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I only began investing in Bitcoin last year, so I haven't seen any halvings before, but I have close friends who have, and during the most recent halving, I was with them when they predicted that the price of Bitcoin would start rising, and in some months I saw that truly, the price started increasing gradually when I was learning about Bitcoin and cryptocurrencies in general with them. However, I didn't have money to invest at the time.According to my understanding, the primary factors contributing to the ongoing increases in the price of bitcoin are the fewer new bitcoins being produced , which can raise demand, as well as the fact that demand does grow after a halving happens.
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Texac
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October 16, 2023, 08:27:23 AM |
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This is going to be my first halving experience. I have read that historically the prices of Bitcoin increases such that you should expect a bull run after the event. But every halving is different. During the last halving, there were no etf's applications, institutional interest in Bitcoin, political interest in Bitcoin and the recent innovations in Bitcoin. What we are doing is just hanging on and hoping that history will repeat itself and be favourable to us as always.
Even though you have never experienced a bull season before, your perspective on the market is very good, completely different from others. people just cling to history and insist that everything will repeat itself. People ignore other factors such as the popularity of bitcoin, large companies entering the market, especially the world economic situation...all of which are not the same as history. therefore, it is difficult to predict what will happen to the market, we should not be too subjective because history does not represent the future.
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Bitcoinpoly
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October 17, 2023, 12:25:01 PM |
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I can see many people focusing their certainty on Bitcoin pump after the halving, I wasn't here in 2012 halving and that's the only halving period I missed in the past, I noticed that Bitcoin gain momentum some months later after the halving, so if you are thinking that Bitcoin will spike after the halving you are going to be disappointed, all I can say is bear market can be very hard, I believe 2024 will be the hardest part of the bear season where many people will give up.
I am simply emphasizing on what has happened before, and I believe it will happen again, maybe people will get tired of holding, and many will take their losses and move out of the market, the momentum always returns when people don't expect, and that's where big investors will start coming back into crypto, I missed making the biggest gains in 2021 I believe I never made enough and I won't let this change slide again.
If you are smart you will keep DCA into Bitcoin gradually, as we are now in a crossroads where we don't know which way Bitcoin will go next, instead of trying hard to know it's better to be prepared for anything, keep buying Bitcoin as time goes by is the best investment strategy.
I think it’s high time we face reality, I won’t lie I’ve also been expectant too but at this point I just need to stop making countdown for the bull run so as not to get disappointed at the long run. Thank you so much for this, it’s really going to help me prepare my mind. Talk about the DCA, I really don’t know how to use it, does it run by itself automatically? just like the Bitget smart portfolio that helps to rebalances positions within a user-selected portfolio and also ensure a constant proportion of each coin is maintained. Please let me know how to use it.
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Bitcoinpoly
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October 17, 2023, 12:36:52 PM |
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This is going to be my first halving experience. I have read that historically the prices of Bitcoin increases such that you should expect a bull run after the event. But every halving is different. During the last halving, there were no etf's applications, institutional interest in Bitcoin, political interest in Bitcoin and the recent innovations in Bitcoin. What we are doing is just hanging on and hoping that history will repeat itself and be favourable to us as always.
Even though you have never experienced a bull season before, your perspective on the market is very good, completely different from others. people just cling to history and insist that everything will repeat itself. People ignore other factors such as the popularity of bitcoin, large companies entering the market, especially the world economic situation...all of which are not the same as history. therefore, it is difficult to predict what will happen to the market, we should not be too subjective because history does not represent the future. Piece like this will help calm people’s anxiety, the truth is always bitter they say but it’s better we reduce our level of anticipation and do what we can do maximize our profit. Thank you so much this is actually relieving.
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LittleBitFunny
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October 17, 2023, 01:01:49 PM |
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I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run. I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
I only began investing in Bitcoin last year, so I haven't seen any halvings before, but I have close friends who have, and during the most recent halving, I was with them when they predicted that the price of Bitcoin would start rising, and in some months I saw that truly, the price started increasing gradually when I was learning about Bitcoin and cryptocurrencies in general with them. However, I didn't have money to invest at the time.According to my understanding, the primary factors contributing to the ongoing increases in the price of bitcoin are the fewer new bitcoins being produced , which can raise demand, as well as the fact that demand does grow after a halving happens. What you said is what happened in the past and I don't want you, OP or anyone who hasn't been through bull season to be disappointed. But I think we should still be careful, I mean, there's no guarantee things will repeat exactly the same. So, we can expect a bull season after the halving, but we should also have a plan for this situation if the bull season does not take place. Because when it comes to the future, there are no guarantees, and we need to prepare for every scenario so we don't get too disappointed.
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rodskee
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yahoo62278
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October 20, 2023, 06:43:23 AM |
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it doesnt matter how many halving have we witnessed , instead what can we do before the halving comes . accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
The halving cycle often occurs once every four years and in general there are not that many because I personally have only seen the halving twice and next year's will be the third time for me although for other people it may be more than that. So as before I also implemented a buying strategy before the halving happened and now it's the same way because now is a big opportunity for everyone to continue buying before the halving because when the increase is happening it will definitely be difficult to buy because you always have to use more capital. Like yours, yeah this is the 3rd halving for me from my account creation but the problem is that I did not manage to earn good in the first one because of not that interested completely , i only got mine from signature payment in which I keep spending each week payday. not until the 2017 Bull that i manage to gather good volume so I can say that its the best halving for me. and now we are months afar from the other one , hoping that i will generate x3-5 from my buying amount.
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kryptqnick
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October 20, 2023, 09:29:04 AM |
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Halving is something that happens online, and Bitcoin price is monitored online as well. So, in my opinion, being involved with Bitcoin during halving does not provide any special knowledge regarding the price dynamics and the potential halving impact. There's everything available online, and people can't know more than more by the virtue of following the events when they occurred. This thread has a discussion of Binance CEO's observations about halving, and I checked all the things he mentioned and can confirm that I found them accurate, even if not presenting a full picture. I personally have been around for 2 halvings, the one in 2024 will be my third.
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Doan9269
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October 20, 2023, 10:12:39 AM |
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The highest so far that has happened is three and this coming one will make it four, I've witnessed one already and next year halving will be my second, part of the interesting things to write about this event is the massive rise in the market, whereby many bitcoin investors have the opportunity to make profits from what they have Invested over time, this also extend to other cryptocurrencies as well because the market rises except for shitcoins.
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DeathAngel
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October 20, 2023, 10:51:16 AM |
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This will be my third in 2024 & I can’t wait. It might not always make the price moon, in years to come when bitcoin is a more mature asset it may have less affect on the price. For now though, the reward halving is still a significant enough reduction to cause a supply shock which then sends the price up. Obviously when we are talking fractions of a bitcoin per block reward, the halving could have less of an affect. I think we will rally hard from the last half of 2024 to end of 2025.
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