Don’t Buy Bitcoin Without Reading this ⚠️ Don’t buy Bitcoin ($BTC ) with less than $100 ⚠️All Small holders Of Bitcoin ($BTC )Read This ⚠️ Go check the order book of Bitcoin, you will still see people buying Bitcoin worth $20 -$100 🤦 You will see a young person trying to find his balance in Crypto investing into Bitcoin with $100 just because he saw influencers and celebrities buying Bitcoin If you should buy BTC worth $100 now bitcoin is trading at $68,000 - $70,000, do you have an idea on how long it will take you to see a 100% return? Do you have any idea on how long it will take your $100 to grow into $150 ? Do you have any idea on how long it will take your $100 to grow into $300 ? This guys buying and holding Bitcoin are worth a lot of money, they are not worth $100,000 , they are worth millions of dollars and you are not You need a project that can easily take your $100 -> $500 You need to be looking at solid projects like Solana that can easily 2x - 5x your capital with little risk We missed Bitcoin, now is the time for people with money to get hold of Bitcoin Holding Bitcoin is a great thing, Bitcoin has a limited supply(21M) and the demand for Bitcoin will continue to grow, but you as a beginner will not have that time to wait Remember, we are trying to get rich, we are trying to build generational wealth Instead of you to buy Bitcoin with $100 why not buy $NOT ($0.019) and Hold NOTCOIN will easily give you more returns than Bitcoin As a beginner with less than $10,000 in your portfolio, Bitcoin should be far from you, invest into sold projects with low market cap and hold them till they 100x When you have $500,000 - $1,000,000(+) you can now start buying and holding Bitcoin, hold as much as you can A lot of people will disagree to this, but no problem If you find this educative and interesting, please give this post a like and please do well to follow us to get notified when we drop more educative posts
Why BTC and all other cryptocurrencies has fallen? Well, you may think this was a usual fall as same happened recently when BTC failed to break its resistance point.
You are completely wrong! The reason behind the fall market is Pre BTC Halving Effect…
Let’s look at some data: 1st Bitcoin Halving:
Date: November 28, 2012 Reward reduction: 50 BTC to 25 BTC Total Bitcoin supply: About 10.5 million Price 1 day before: Around $11 per BTC
2nd Bitcoin Halving: Date: July 9, 2016 Reward reduction: 25 BTC to 12.5 BTC Total Bitcoin supply: About 15.75 million Price 1 day before: Around $657 per BTC
3rd Bitcoin Halving: Date: May 11, 2020 Reward reduction: 12.5 BTC to 6.25 BTC Total Bitcoin supply: About 18.375 million Price 1 day before: Around $8,600 per BTC
4th Bitcoin Halving (Estimated): Date: April 19, 2024 Reward reduction: Expected from 6.25 BTC to 3.125 BTC Total Bitcoin supply (Estimated): About 19.6875 million Price 1 day before: Cannot be accurately predicted.
I know it’s confusing. Let me explain..
How Bitcoin actually works? Well, Bitcoin haven’t started like current ETH based coins where the developers mint as many coin they want and start airdropping.
BTC was programmed in a way, that if you need BTC you must mine it. Even the founder of Bitcoin, he also mined Bitcoin and stored in his wallet.
The more the number of blocks in the network, the more complicated the mining process gets. Basically miners are behind all the transactions confirmation. If you haven’t read my post on Halving, I would suggest you to go and read all my post. I use most simple words to explain.
The issue is, the founder knew, as technology will evolve, mining will be easier. So more and more people will start mining Bitcoin, so market supply will be increasing dramatically.
So he decided to write a function that eventually reduces the rewards by half. So in feature, a point will came when the total supply will decrease instead of increasing. And the point is 21 million Bitcoin which will be the max supply of Bitcoin in lifetime.
I know today many people will lose money. I know people will buy WIF at a high price. I know when $WIF will be launched, it will be overhyped. THEN EVENTUALLY IT WILL BE GOING DOWN. I know some people will be posting “You will lose only if you sell, keep holding.” I know after getting your money sucked there, you will also post some predictions saying WIF will up, #WIF will moon, I see bullish trends. I know many people seeing your post will buy WIF. I know you will think, as you’re leading people to buy this coin and hold this coin, the price will be up. But you don’t know that the developers are holding most of the coins, they will keep selling them to raise funds and to change their life. Obviously, blockchain in gaming can be a revolutionary concept, but it still too early for this type of stuff. I swear you, for the sake of the money you earned by hardworking, for the sake of the God, don’t gamble with new cryptos. If you think this project could be successful, wait 1 month, let the market collect data, let the chart form a trend, let the developers form some infrastructures, then invest. However, it’s up-to you. How you play with your money, how you play with your life, how you play with the feature of your family. It’s totally up-to you. Bye!