Should We Hold Crypto Coins Even After Halving?
Assalamu Alaikum
How are you? By Allah's grace, I'm doing very well. Today, the topic I want to discuss is should we hold crypto coins even after halving?
Last month, Bitcoin went to 72 thousand dollars and crossed its all time high. Then from there, it went down several times to 60-63 thousand dollars, but now Bitcoin has made a comeback from there. But today, I will discuss not only Bitcoin but also all other coins. Is it ok to do? After the bitcoin etf was approved, bitcoin went from $38,000 to $72,000. Then it went from $63,000 to $70,000 for about 3 months, and during this time I was more or less looking at other coins. Amazing. I have seen many such things. I will only give examples of some coins. Before the ETF was approved, Bitcoin was around $18,000. But Bitcoin pumped from 18 thousand dollars to 43-45 thousand dollars or more before the etf was approved. Then the rest of the coins in the market were slowly pumping but suddenly Bitcoin went down to 38 thousand dollars. Along with Bitcoin, the other coins were also dumped.
Then Bitcoin pumped again and slowly Bitcoin crossed its all time high. Not only Bitcoin but also other coins pumped. If you are investing in any coin long term or think you will in future then you need to do these analysis. You have to understand and gather a lot of information and for those who are currently holding any random coin, I would say to hold, because the market is very good right now and if you bought the coin when the market took a big dump a few days ago. Well done. The reason behind this down is not clear now, some think it was Iran-Israel attack and some think it was dumped due to the next halving of bitcoin. Anyway, the market gave down and those who exploited the down are now holding.
Currently the bull run has started in the market, the first one is the Bitcoin ETF and the second one is the Bitcoin halving. If you are a holder of bitcoin and any other altcoins as well then you should hold. That's because the halving event is not always available. It takes four years to wait, so you have to make a careful decision.
Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.
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A very nice topic bro,such a relevant one, People are wish to know these type of valuable information's and you give detailed report of should we hold crypto coins even after halving? Really interesting, Wish you a great success.
Thank you for the nice explanation
Of course holding your own crypto is necessary in this situation. Because even if the market is doing a little bad for a while, it will recover again in a few days and after that we can see a big bull run. The market is down a bit again today I think this may be a golden opportunity to invest in some coins. Of course holding your own crypto is necessary in this situation. Because even if the market is doing a little bad for a while, it will recover again in a few days and after that we can see a big bull run. The market is down a bit again today I think this may be a golden opportunity to invest in some coins. If you want to do.