$BTC #BTC So What now. The price didn't hit 50,500 nor re | Anas M_Hadai på Binance Square

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$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

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. Se användarvillkor.

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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.

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$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

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$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

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$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.

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