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Author Topic: This will be my first BTC halving  (Read 467 times)
aoluain
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April 20, 2024, 07:19:33 AM
 #21

I just got into Bitcoin after the 2nd halving and was able to experience the the big pump up
to approximately $20,000 at the end of 2017 start of 2018. The third halving was just as
exciting in 2020 with the following pump up to approximately $65,000.

So there is a trend there which we will experience from here on. For me its not the halving
itself its the excitement of the bull run after the event.

I remember the last halving, on the day norhing happened in the markets, it took a week
ot two IIRC for the bull run to get going, it could be similar this year too.

R


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April 20, 2024, 07:40:56 AM
 #22

That's great because you have a chance to see it happen. What you have to do next is prepare your bitcoin so you can sell it at the next highest price because that is the next ATH we are waiting for. Maybe we won't see the price rise much yet, but the price will slowly rise. But it is also possible that the price will immediately rise high after this halving so that we can determine the selling price we want.

We have already seen temporary highs for the year, although they are currently declining at $64k, and we have not seen any signs of a price increase. We can still hope that we are ready for the arrival of the next highest ATH.

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April 20, 2024, 09:45:52 AM
 #23

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year.
You can be involved in Bitcoin investment as much as you can, but there is no need to say that fiat is a fraud because it is not the fiat itself that is actually committing fraud, but rather unscrupulous individuals. Congratulations on your first bitcoin. I hope you continue to consistently invest in this asset that is so valuable now. I hope that in the future you will not say that Bitcoin is also a fraud because you are worried that when you lose a lot of money or there is fraud due to your own mistakes, you will say it is a fraud too.

Thanks to this forum and happy halving y'all!
Thank you again and continue to interact with each other, so that your understanding of Bitcoin will get better. We will welcome the highest price for bitcoin and hopefully it will be the first celebration for you here.

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April 20, 2024, 01:35:35 PM
 #24

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley

If it's your first time OP, enjoy the journey and be observant of those around you who stay here in the crypto space. Be vigilant and cautious if you ever have an interest in bitcoin or other cryptocurrencies. Just remember that investing here always has risk.

So it's up to you if you want to take a risk with the decision you make here in the crypto space. So, good luck, and know that your journey in this industry will be good.
Just stay positive and be strong.

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April 20, 2024, 02:31:19 PM
 #25

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley
Actually this is not my first time but my first, second and third halving was not that intense or I mean I don't even recognize it however this one recently was for me I am kinda excited on what was the result but seems nothing for now except for the transaction fee that is quite high at the moment. 😅

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April 20, 2024, 02:51:48 PM
 #26

That's great because you have a chance to see it happen. What you have to do next is prepare your bitcoin so you can sell it at the next highest price because that is the next ATH we are waiting for. Maybe we won't see the price rise much yet, but the price will slowly rise. But it is also possible that the price will immediately rise high after this halving so that we can determine the selling price we want.

We have already seen temporary highs for the year, although they are currently declining at $64k, and we have not seen any signs of a price increase. We can still hope that we are ready for the arrival of the next highest ATH.
Yes, we can all see the halving moment arriving this year, of course everyone is definitely preparing to sell their assets at each individual's estimated price. Not only that, I think this month is a constant moment to add our bitcoins, even though the price is not yet visible and is still being corrected. Many people predict that the price will rise at the end of 2024 or the beginning of 2025. We should remain patient in holding our bitcoins until the price actually happens.

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April 20, 2024, 05:10:59 PM
 #27

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley
This is one of the true perks of bitcoin: it makes you understand how the financial system that we are used to is completely corrupted and it's not sustainable. Keep up with buying bitcoin, studying, and your experience and life will keep improving, you'll really start to see things from a completely different perspective.

 
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April 20, 2024, 08:11:37 PM
 #28

It must be a very good moment to make a new ATH with bitcoin halving. As Bitcoin reaches new heights all eyes in the cryptocurrency world are on bitcoin. Crypto analysts and enthusiasts are eager to see which cryptocurrency will ride the wave and increase in value in terms of bitcoin's performance. The bull run is poised to experience significant growth.

All times there is a halving, prices decline before and after it, and the price does not return to rising until after a long time (months). This time, the halving time coincided with an unprecedented rising wave that reached a new peak (ATH) recently. That is, those who were afraid of a price decline coinciding with the classification when the price of Bitcoin was between 40 and 50 thousand dollars have now become afraid that the price will return to the same level that they wanted to maintain. I personally do not see that any decline in the price will have a significant impact on the crypto market or the Bitcoin domination, and that the market is in a state of continuous recovery, especially with the frequency of news from everywhere about more support for (ETF) investments, in addition to launching more projects in the field.

Now, what we are really waiting for is an increase in the rate of fees on Bitcoin transactions, since the rewards derived directly from mining have decreased by half. If this does not mean a significant increase in fees (which will undoubtedly be reflected in the speed of transactions on the network), it means a decline in mining investments and perhaps some small farms will be forced to stop their activities.

 
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April 20, 2024, 08:18:30 PM
 #29

So, how does it feel being after the halving, OP? Time flies when you think about it. I came here right after the 2013 bull market and the 2016 halving felt like yesterday. Really, I remember everything I was doing in 2017 when the bull run started. I can't believe it was 7 years ago because to me it felt like 3 or 4. Hope you'll be here to tell us stories and brag how your investment came out at the next halving.
Good luck!
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April 20, 2024, 09:09:12 PM
 #30

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley
This must make you very enthusiastic about this halving. Yes, this is what is special about Bitcoin and the various moments that will emerge. And here, the halving has happened, how do you feel and is it in line with your expectations?

Whatever it is, you still have to always be alert and careful in taking every action. It is not uncommon for beginners or those who have just experienced the halving to make hasty decisions due to panic during the post-halving situation.

Maybe some people will think that automatic halving can cause prices to skyrocket easily. However, in reality that is not the case. There will be certain phases where the price will  also still fluctuating  and face some corrections

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April 20, 2024, 09:14:19 PM
 #31

Actually this is not my first time but my first, second and third halving was not that intense or I mean I don't even recognize it however this one recently was for me I am kinda excited on what was the result but seems nothing for now except for the transaction fee that is quite high at the moment. 😅
There are pro traders and investors in the system. Halving completed and watching the price moments, it becomes dormant and not encouraging for most of these traders. This halving have been on different phase for us, we have clue on the up and down movement of the system. Bitcoin halving is one of the promising moment and crucial information are passed out to the eligible traders in the system. We should ready ourselves to face threatening forces.

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April 21, 2024, 05:55:38 AM
 #32

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley

Thank you for enjoying this halving, but the price of Bitcoin remains under control at this time. But if you are patient you will definitely see a bull market after the halving. But you notice the history of each halving cycle: the 2012 halving, the 2016 halving, the 2020 halving, and the fourth halving in 2024. Each halving has seen Bitcoin price rise to record highs.
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April 21, 2024, 06:08:58 AM
 #33

Yes, we can all see the halving moment arriving this year, of course everyone is definitely preparing to sell their assets at each individual's estimated price. Not only that, I think this month is a constant moment to add our bitcoins, even though the price is not yet visible and is still being corrected. Many people predict that the price will rise at the end of 2024 or the beginning of 2025. We should remain patient in holding our bitcoins until the price actually happens.
It's best if they already have a target selling price for their Bitcoin and immediately place a sell order if the Bitcoin price starts to increase so they don't miss out on selling Bitcoin. Now is still the right moment to buy Bitcoin because the price is still in the range of $64k-$65k, which is not too high compared to the predictions of people who say that the price of Bitcoin could reach more than $100k after this halving.

I think the price will also start to rise at the end of the year. Maybe there will be movement from the middle of this year to the middle of next year. So whatever it is, we have to be able to prepare ourselves well. Patience is a good way to wait for the price to increase.

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April 21, 2024, 06:49:51 AM
 #34

1 hour and 34 minutes it's block halving we just noticed after a bearish week it seems there are many people buy Bitcoin a few hours ago that turned the price movement into bullish and let's see what will be the impact of the block halving since the supply will be cut into half if the demand is the same we sure that BTC price will surge.

The bearish movement of Bitcoin recently is just normal it also happen last 3rd halving look at the image below to those who do not know


Interesting, but I am thinking after this bearish movement, there will be a bull run, it might not happen immediately but we should be expecting it from next year, as good investors before the price surge we should buy more Bitcoin, stalk as many as you can, Hodl for the next price surge might take all of us unawares, this halving will significantly increase the demand more than we saw in the last three halving event, so let's stalk more btc and wait for the profit when there will be a surge in price.
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April 21, 2024, 08:04:58 AM
 #35

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley

The halving has completed and how do you feel, can you share your feelings with everyone? Or what you are waiting for is not the halving but the price increase of the entire market? And if later, the bull season will no longer depend on the halving, will you continue to wait for the halving or will you not even care what it is?

Most newbies are excited at this point because having heard stories about previous seasons, people are talking about the bull season that will come after the halving. And everyone is waiting for the bull season that will bring x100, x1000 profits, not too many people are waiting for the halving event if there is no accompanying bull season.

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April 21, 2024, 11:28:37 AM
 #36

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley
Is everyone excited at the prospect of a Bitcoin halving, or is there a big bull run ahead? Cryptocurrencies have gained a lot of popularity and everyone's focus is now on Bitcoin at this year's halving event. Especially the day before Bitcoin halving, Bitcoin price tends to go up and Bitcoin price is currently not going down. Those who have already invested and held Bitcoin may get a big bumper in the upcoming bull season. But those who haven't invested or those looking to invest afresh can invest now, the big bulls are moving ahead.
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April 21, 2024, 12:55:08 PM
 #37

Congrats mate, let's see how it goes this time  Wink

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April 21, 2024, 01:21:22 PM
 #38

Everyone is posting about BTC halving but I didn't find anything about this halving till now. Basically what is bitcoin halving and how it works, if someone explained in detail about it, I would have been clear about this. Hopefully I will know my unknown subject.

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April 21, 2024, 05:06:48 PM
 #39

We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all! Smiley
Hmm it's good to see that you have come to know about Bitcoin and realized that traditional financial systems aren't what most people think they are, you need to understand that you will have a lot to learn yet. This is a vast industry, and if you wish to stay around for long and make sure you are getting benefits from the industry, start learning from today and make sure you don't leave any corner so that you don't face any problems while you are around.

It's your first halving, and it can probably become one that you will remember forever based on the predictions of most people and how optimistic the whole market is. Bitcoin has already hit a new all-time high earlier this year, so we are expecting to witness something greater this time.

ETFs being accepted around the globe will bring positive vibes to the industry as well.


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April 21, 2024, 05:20:02 PM
 #40

Now, what we are really waiting for is an increase in the rate of fees on Bitcoin transactions, since the rewards derived directly from mining have decreased by half. If this does not mean a significant increase in fees (which will undoubtedly be reflected in the speed of transactions on the network), it means a decline in mining investments and perhaps some small farms will be forced to stop their activities.

Price never jumps up immediately after halving rather it takes at least a year before we start seeing price going up. After recent halving the price has gone up to 2,750 satoshis per virtual byte (sat/vB) or over $240 per transfer on April 19, 2024 (news.bitcoin.com). I was reading on Binance that it was first time ever that Bitcoin transaction fee has crossed 100$ and it's mainly because of recent halving event. This high price will make transaction of low price impractical, let's see when this high fee issue is settled.

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