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Anas M_Hadai
@anas_M_Hadai
An enthusiastic, supportive and fan of Crypto world.
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#HotTrends #Halving
What is Bitcoin halving and why it matters?
Simply, you can think of it just like a Job that you do.
What you do is "mining."
What you get is "reward" as a "Proof of Work"
Where you work is "Blockchain."
🎗Imagine an event where the rate of your reward is cut by half.
Rewards are calculated based on blocks completion. After each block, miners get an amount of BTC as rewards. Currently, it is 6.25 BTC per block.
📌Do you know that
•BTC was first found and mined in 2009 by Satoshi Nakamato.
•After the first block was mined, he got a reward of 50BTC.
✅Why it is very low?
Because of #BitcoinHalving.
•Halving event cuts the reward for mining new blocks in half.
•This reduction happens automatically after every 210k blocks are created.
•The blockchain takes about 4 years to open more 210k blocks.
🔃Halving dates?
•Nov. 28, 2012, to 25 BTC.
•July 9, 2016, to 12.5 BTC.
•May 11, 2020, to 6.25 BTC.
•Next halving is anticipated in Apr 2024,
cutting it 3.125 BTC.
•This continues until 2140, when all BTC are mined. •By the final halving, BTC reaches the maximum
supply of 21M.
•Today, BTC are in circulation is about 19.65M.
🔵Why #Halving matters?
Halving effects demand, inflation, investing, mining,trading, etc.
👉It addresses inflation concerns to counter the decrease in purchasing power of BTC over time and thus maintaining scarcity.
👉By reducing the rate of new BTC introduced, demand for new BTC increases.
👉Historically, BTC’s price rise with halving event.
👉For investors, BTC is recognized as a potential gain, not only as a payment coin.
👉For Miners, (individuals, groups, or businesses) the focus is on profit, but halving makes it less profitable with smaller miners being unlucky even if BTC price rises.
👉As for us, traders Halving comes with a bull market, thus a good chance for profitable trading.
To sum up, understanding BTC halving is essential for anyone involved in the cryptocurrency space, as it influences investment strategies, mining profitability, and overall market sentiment.
What is Bitcoin halving and why it matters?
Simply, you can think of it just like a Job that you do.
What you do is "mining."
What you get is "reward" as a "Proof of Work"
Where you work is "Blockchain."
🎗Imagine an event where the rate of your reward is cut by half.
Rewards are calculated based on blocks completion. After each block, miners get an amount of BTC as rewards. Currently, it is 6.25 BTC per block.
📌Do you know that
•BTC was first found and mined in 2009 by Satoshi Nakamato.
•After the first block was mined, he got a reward of 50BTC.
✅Why it is very low?
Because of #BitcoinHalving.
•Halving event cuts the reward for mining new blocks in half.
•This reduction happens automatically after every 210k blocks are created.
•The blockchain takes about 4 years to open more 210k blocks.
🔃Halving dates?
•Nov. 28, 2012, to 25 BTC.
•July 9, 2016, to 12.5 BTC.
•May 11, 2020, to 6.25 BTC.
•Next halving is anticipated in Apr 2024,
cutting it 3.125 BTC.
•This continues until 2140, when all BTC are mined. •By the final halving, BTC reaches the maximum
supply of 21M.
•Today, BTC are in circulation is about 19.65M.
🔵Why #Halving matters?
Halving effects demand, inflation, investing, mining,trading, etc.
👉It addresses inflation concerns to counter the decrease in purchasing power of BTC over time and thus maintaining scarcity.
👉By reducing the rate of new BTC introduced, demand for new BTC increases.
👉Historically, BTC’s price rise with halving event.
👉For investors, BTC is recognized as a potential gain, not only as a payment coin.
👉For Miners, (individuals, groups, or businesses) the focus is on profit, but halving makes it less profitable with smaller miners being unlucky even if BTC price rises.
👉As for us, traders Halving comes with a bull market, thus a good chance for profitable trading.
To sum up, understanding BTC halving is essential for anyone involved in the cryptocurrency space, as it influences investment strategies, mining profitability, and overall market sentiment.
#
LIVE
Binance Square Official
--
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
$DOGE $SHIB $BONK
It is not a bearish. It is not a dump.
We still climbing higher and higher.
The pumb will continue.
But REMEMBER,
Be careful of those huge whales. They will come out of a nowhere. Take you by surprise. Get you liquidated.
When you think the market is in its highest move for the day, TAKE PROFIT.
Don't be greedy. Even if the market continues to rise, bears will come with huge whales.
#TrendingTopic
#Write2Earn
It is not a bearish. It is not a dump.
We still climbing higher and higher.
The pumb will continue.
But REMEMBER,
Be careful of those huge whales. They will come out of a nowhere. Take you by surprise. Get you liquidated.
When you think the market is in its highest move for the day, TAKE PROFIT.
Don't be greedy. Even if the market continues to rise, bears will come with huge whales.
#TrendingTopic
#Write2Earn
$SHIB $DOGE $BTC
A golden ruel that most newcomers cannot tolerate.
<Buy low. Sell High.>
As a new comer, you enter the arena, you try to load your pocket and catch the bus with others.
You are trying to buy, and take profit as fast as possible. But be careful, very careful.
Don't buy any coin you come across.
Do not buy any coin that has reached its highes price recently.
Do not buy any coin just because its price is very low.
Look at charts.
Huge and green candlea, may be a sign of a trend, but may be dumb sooner.
Huge and red candles, may be a sign of a down trend. but may pump sooner. Or may be a further dumb.
So,
Be patient.
Do some research.
Read a lot l.
Finally, start with a very few balance. Like 10$ or 20$.
Consider your first buy as an experiment.
Do not rash, even if you read in the square and find some guides.
Wish you the best of luch.
#Write2Earn
A golden ruel that most newcomers cannot tolerate.
<Buy low. Sell High.>
As a new comer, you enter the arena, you try to load your pocket and catch the bus with others.
You are trying to buy, and take profit as fast as possible. But be careful, very careful.
Don't buy any coin you come across.
Do not buy any coin that has reached its highes price recently.
Do not buy any coin just because its price is very low.
Look at charts.
Huge and green candlea, may be a sign of a trend, but may be dumb sooner.
Huge and red candles, may be a sign of a down trend. but may pump sooner. Or may be a further dumb.
So,
Be patient.
Do some research.
Read a lot l.
Finally, start with a very few balance. Like 10$ or 20$.
Consider your first buy as an experiment.
Do not rash, even if you read in the square and find some guides.
Wish you the best of luch.
#Write2Earn
$BTC $ETH $BNB
Coins are accumulating. There is a good level of Support and Resistance. Most coins are moving in the same direction like what happened last week.
One thing you can do is wait untile you find the best chance to buy low. Then wait for two or three days _ maybe Tuesday is good enough_ and sell high.
Best of luck to all of you.
#TrendingTopic
#Write2Earn
Remember: market is volatile and use the percent of your account that you can afford.
Coins are accumulating. There is a good level of Support and Resistance. Most coins are moving in the same direction like what happened last week.
One thing you can do is wait untile you find the best chance to buy low. Then wait for two or three days _ maybe Tuesday is good enough_ and sell high.
Best of luck to all of you.
#TrendingTopic
#Write2Earn
Remember: market is volatile and use the percent of your account that you can afford.
$BTC $ETH $SOL
I am not a day trader. I like swinging. It is less stressful.
My entry was on
51460$/BTC.
3040$/ETH
350 $/BNB
104 $/SOl
My tragets are resolved and I am presistence, despite the huge dump yesterday.
72,000 btc
4000 Eth
450 Bnb
150 sol
I wish I have extra USDT, so I can buy more if it dump again.
Goodluck to you all. #TrendingTopic
I am not a day trader. I like swinging. It is less stressful.
My entry was on
51460$/BTC.
3040$/ETH
350 $/BNB
104 $/SOl
My tragets are resolved and I am presistence, despite the huge dump yesterday.
72,000 btc
4000 Eth
450 Bnb
150 sol
I wish I have extra USDT, so I can buy more if it dump again.
Goodluck to you all. #TrendingTopic
Guys
look at charts today.
Coins are accumulating very hard.
Get your gears on for the second pump.
$BTC $ETH $SHIB
share in the red packet and get free PEPE $ 🎁🎖
#Write2Earn #TrendingTopic
look at charts today.
Coins are accumulating very hard.
Get your gears on for the second pump.
$BTC $ETH $SHIB
share in the red packet and get free PEPE $ 🎁🎖
#Write2Earn #TrendingTopic
$BTC $ETH $BNB
When I look a the 1H chart, something looks interesting. Almost all coins have the same shape, move in the same direction, show the same value.
We can see there is a symetrical market condition.
Does this brings any thing to you. I am puzzled 😅.
#Write2Earn #TrendingTopic
click the link to claim red pocket USDT.
When I look a the 1H chart, something looks interesting. Almost all coins have the same shape, move in the same direction, show the same value.
We can see there is a symetrical market condition.
Does this brings any thing to you. I am puzzled 😅.
#Write2Earn #TrendingTopic
click the link to claim red pocket USDT.
#BTC is going crazy wild. 🤑🤑🤑
I will qout #binance news
"The nine US spot bitcoin funds, excluding the Grayscale Bitcoin Trust ETF (GBTC), collectively saw a record $2.4 billion in trading volumes on Monday. The BlackRock BTC fund's trading volumes ranked 11th among ETFs, trailing the Vanguard S&P 500 ETF (VOO) and ahead of State Street Global Advisors' Financial Select Sector SPDR Fund (XLF). IBIT is the largest spot bitcoin fund, aside from GBTC, with nearly $7 billion in assets."
#Write2Earn #TrendingTopic
I will qout #binance news
"The nine US spot bitcoin funds, excluding the Grayscale Bitcoin Trust ETF (GBTC), collectively saw a record $2.4 billion in trading volumes on Monday. The BlackRock BTC fund's trading volumes ranked 11th among ETFs, trailing the Vanguard S&P 500 ETF (VOO) and ahead of State Street Global Advisors' Financial Select Sector SPDR Fund (XLF). IBIT is the largest spot bitcoin fund, aside from GBTC, with nearly $7 billion in assets."
#Write2Earn #TrendingTopic
$BTC #BTC
So What now.
The price didn't hit 50,500 nor reached 50,000.
The trend goes on and on. A bullish is on the horizon.
Just wait till the week time frame.
By Sunday, The clock ticks. #Write2Earn
So What now.
The price didn't hit 50,500 nor reached 50,000.
The trend goes on and on. A bullish is on the horizon.
Just wait till the week time frame.
By Sunday, The clock ticks. #Write2Earn
$BTC I might be a newbie, but no one can deny the fact that BTC is rising exponentially. No one dares to sell. If I may have a word on this, the best path for a crypto lover is to buy as much as you can. Some day we will remember 52,000$ as we remember 19,000$ today.
#Write2Earn #PYTH #BTC #TrendingTopic
#Write2Earn #PYTH #BTC #TrendingTopic
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