Benefits of Halving
Assalamu Alaikum
How are you? By Allah's grace, I'm doing very well. Today, the topic I want to discuss is halving.
Some time back there was a good pump in kiptomarket but now this pump is temporarily closed. For this, horse coin, bit coin, ethereum, whatever you say, is it the best opportunity to buy? The market will then discuss where cryptomarket can move. At the beginning I want to share with you another thing that is currently working in people is about halving. If you understand cryptomarket you need to understand charts first, charts will help you predict (but it's not 100% correct just guess).
We all saw Bitcoin pumped a lot before the ETF was approved. Maybe Bitcoin was supposed to pump more volume, and we all know that when Bitcoin pumps, other coins start pumping, but Bitcoin didn't pump as much after the ETF was approved. Instead of pumping, it was dumped instead. But a few days ago we saw Bitcoin pumped quite a bit. Which was the highest value of Bitcoin. But currently the market is going down again.
But halving is coming, and every halving event Bitcoin and other coins pump a lot of money, we all know about this and the current dump that the market has given is actually very good for people who want to make long term investments, still sitting with relatively good prices. The coins, however, if you wait a little, the price of these coins will decrease. If you buy and hold them later, you will get a lot of profit after halving.
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.
Upvoted! Thank you for supporting witness @jswit.
The cost of Bitcoin will increase after the Bitcoin reward halving and it is going to be beneficial for the entire community.
Yeah.
I think you are a good writer. You keep giving us something good every day. Thank you. Good luck for you.
Thanks brother.
I think Bitcoin will break $80K before Halving very soon, Bitcoin will perform best in 2024!
Yeah.
Your presentation is beautiful. You are a good writer. Looking forward to more good posts from you. All the best to you.
Thanks.
Well one thing is certain, the halving will lead to a supply shock which will help to drive bitcoin price upward with the increased demand