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The importance of investing in the bitcoin currently!

Stardom22

Stardom22

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As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more, but increases in value when it's price is halved. But note that Bitcoin as an asset is very volatile in nature, therefore you shouldn't invest all your savings but a spare money you could lose without getting very emotional. However everyone needs to take advantage of this years halving and take profits to prepare for the next very early.
 
If you are going to buy Bitcoin, it's best after the halving occurs in a few days, and it looks like the price of BTC will fall but is still above $60k. And it is expected that the price of Bitcoin will rise to $87k by the end of 2024, and above $100k in 2025.
 
Stardom22 said:
As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more, but increases in value when it's price is halved. But note that Bitcoin as an asset is very volatile in nature, therefore you shouldn't invest all your savings but a spare money you could lose without getting very emotional. However everyone needs to take advantage of this years halving and take profits to prepare for the next very early.
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What if this halving was different and the price didn't go up because hedge funds are betting lower against the asset? when something becomes apparent it starts not working as desired, why is Bitcoin going to rise after the halving this time? Why did he do it other times in the past? These guesses can lead you to lose money.
 
No one can predict the price of Bitcoin correctly after the halving, but however we have to remain optimistic, meaning we don't have to immediately sell the Bitcoin we have and we also have to have fundamentals such as:
We also have to observe and evaluate the interaction between macroeconomics and the Bitcoin market and it seems that the Bitcoin price will correct slightly in the next few days. Historically the price of Bitcoin will start to creep up slowly after a few months of the halving.
 
eLdavis said:
Only time would tell, though I think it would be good to also invest in other coins as well.
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You are right, only time will tell, but do we have to keep quiet, of course not, we also have to monitor the market, look for the best opportunities, so that we can make decisions with more confidence
 
Stardom22 said:
As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more, but increases in value when it's price is halved. But note that Bitcoin as an asset is very volatile in nature, therefore you shouldn't invest all your savings but a spare money you could lose without getting very emotional. However everyone needs to take advantage of this years halving and take profits to prepare for the next very early.
Click to expand...
I will never advise any investor to invest in bitcoin now. Bitcoin halving is a bit confusing and nobody can predict accurately how the market will be. It is better to calm down and exercise some patience.
 
Xtynehappy said:
I think it's better for one to make a great research for them to invest in the bitcoins. This can however reduce the chances of loosing.
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Very true, before making any investment, you need proper research so you won't go into losses.
 
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