My Thoughts On Bitcoin Halving 2024.
The Bitcoin halving is an event that takes place every 4 years where automatically the amount of bitcoins been mined globally a day is reduced by half or better still divided into two equal halves. What this means is that it reduces the circulating supply of Bitcoin, thereby causing the value to increase by a minimum of 100%. This takes place in the month of April.
What happens normally during the halving is that most hodlers sell at a profit either imm before or after the halving event, but quickly buy up after a sharp fall; (which is long term win).
With big financial houses like Blackrock, Fidelity and Microstrategy leading the ETF's we are in for a long bull run the whole of 2024. If you are scared of loosing money in the crypto market, then buy Bitcoin now as a hedge, and sell in early 2025, but if you can risk it add some alt coins such as SOL, BNB, AR, LINk to your portfolio and enjoy the ride to the top. Meme coins are also a great way to get rich quickly this year, but you can also quickly loose it all. The discretion is yours to take. Always do your own research before buying any crypto.
