Common misconceptions about Bitcoin halving:
Bitcoin Halving Causes Immediate Price Increase: The history of halvings has always affected the price of Bitcoin. However, these price increases are not always as immediate as many imagine. Instead, returns tend to be affected by factors other than the halving event. Additionally, price increases tend to be gradual, lasting several months.
Bitcoin Halving Causes Miners to Quit: Another big misconception surrounding the halving event is that Bitcoin mining will become unprofitable, causing miners to quit en masse. However, this is not the case. Adjustments to mining difficulty can help support miner profitability (due to rising prices) while also maintaining the operational stability of the protocol.
Bitcoin Halving Is Specific to Bitcoin: While the Bitcoin blockchain was the first to implement the halving mechanism, the process is not unique to Bitcoin. Other digital currencies such as Litecoin, Bitcoin Cash, and Dash employ similar techniques to regulate the inflation of their currencies.
