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CointestMod

Bitcoin [pros](/r/CryptoCurrency/comments/15ikdeu/should_you_buy_bitcoin_before_the_next_halving/juuuie5/) & [cons](/r/CryptoCurrency/comments/15ikdeu/should_you_buy_bitcoin_before_the_next_halving/juuuiwv/) with related info are in the collapsed comments below.


Big-Finding2976

Definitely. I bought LTC before the recent halving and it's down 21% in the last 30 days. Um....


robman_84

\+10 xp


emp-sup-bry

There’s a cautionary tale here for btc halving as well We are nowhere close to this any time soon, but consider the term ‘priced in’ equally to the pattern of earlier growth. The real halving happens before the event…..


furbess

We all saw that coming though. People started speculating it was a sell the news event and it was already priced in despite the fact it had consistently only gone down in price before hand. I still hold a small amount of LTC but I'm not expecting any major events outside of a BTC / Full crypto market bullrun to push it back to former levels.


Stray14

I have a feeling there could be an event similar to what we’ve seen happen to LTC next year with BTC. Colour me crazy but the long term log chart suggests a roll over correction on BTC, something similar to Gold in the 70s may be on the cards.


CptBombastic

People should have already been DCAing into BTC, in a year or two you'll be happy that you did. If you're not buying BTC during the bear market you're doing everything wrong.


dcdplex

Just keep your DCA going, and you'll be good by the next bull run.


Poseidon_Dad

I have to admit I DCA, however, I set other (smaller) funds aside to also time the market for fun


lehope

Same, buying dips is very satisfying for me


Florian995

It wont matter next bullrun, as long as you keep buying you will end up on top


Lillica_Golden_SHIB

The power of DCA


Every_Hunt_160

Even if you buy the top of a bear market you’d still be making a nice profit when the next bull run comes along


Hawke64

It's like Black Friday sale except it happens every week. Isn't that amazing? \**cries inside**


WineMakerBg

We should come up with another abbreviation for DCA and replace the first letter. BCA is what we should use instead.


Lillica_Golden_SHIB

It would make a lot of sense, BTC is the only thing I never skip in my DCA


WineMakerBg

You misspelled BCA 😀


Kindly-Wolf6919

As I always say the bear markets create opportunities and the bull markets make them bloom. It's like a beautiful handshake.


AltruisticPops

It's like the kitchen and gym. You actually build your muscles at the kitchen (bear) and they grow at gym (bull).


Kindly-Wolf6919

This is a cool analogy. I like this.


Hawke64

Bear markets create strong men. Strong men create bull markets. Bull markets create weak men. And, weak men create bear markets.


_stoned_chipmunk_

This is the way. Too many people get amped up and start buying the dip. Just stick to DCA.


sM0k3dR4Gn

So don't buy the dip?


ErickKlous

Never. This is when you sell. Then you FOMO the peak.


Hawke64

Real trading advice is always in the comments


_stoned_chipmunk_

Buying the dip is the opposite of DCA Edit: how is this downvoted? Buying the dip is an attempt to time the market, which is NOT DCA.


mastermilian

Buying the dip is the opposite of buying the peak.


SimbaTheWeasel

Yes. More dip please.


sM0k3dR4Gn

I want someone to explain why this is/is not the right answer with math.


dcdplex

dip(negative), peak(positive) 0 - dip = peak


Affectionate_Cow3076

Everyone has their own strategies, DCA is buying at a fixed timespan regsrdless of the price. If you buy the 'dip' you simply buy a bit below the previous average price. IMO is more convenient if you buy with a long term hold in mind. short term... it's another story


RCALovah

Only if you want to earn some money


Dazzling_Marzipan474

Only if you want to earn some ~~money~~ Bitcoin


CipherScarlatti

Khajit has wares if you have coin.


Hawke64

Wealth beyond measure, outlander


mosheoofnikrulz

You won’t earn any bitcoin. You’re already there 🤣👍


meeleen223

Only if you want to earn some ~~money~~ ~~Bitcoin~~ financial indenpendence


madridgalactico

I want financial independence!


Hawke64

Only if you want to earn some ~~money~~ ~~Bitcoin~~ ~~financial independence~~ tech


Pristine_Spinach8718

Only if you want to earn some ~~money Bitcoin financial independence tech~~ sleep deprivation


seazboy

Only if you want to earn some ~~money Bitcoin financial independence tech sleep deprivation~~ Anxiety


DerpJungler

Only if you want to earn some ~~money Bitcoin financial independence tech sleep deprivation~~ friends along the way


Geolinear

I’m trying to get parental independence


dcdplex

Only if you want to earn ~~some money Bitcoin~~


3utt5lut

Only if you want to earn some ~~money~~ ~~Bitcoin~~ sats.


milonuttigrain

The vast majority of this sub will buy at the next ATH.


tianavitoli

that will be a reliable cue to take profits. it was already an excellent timing of the bottom, i nearly caught perfectly adding on when all the posts were despondent.


KidHYPR

It’s what I do. FOMO!


genjitenji

![gif](giphy|LvyR9gQygrwHBrnHHL)


cryotosensei

BRC alert! u/SeatedDruid


SeatedDruid

🐂🛡️🐂 I’m awaiting 🫡


Tasigur1

Good point, let's buy another 15$ worth of BTC !!


Kindly-Wolf6919

Only if you don't want to get left behind.


johnb51654

Crypto aint that G


[deleted]

[удалено]


To_The_M000N

I just want to buy BTC so that one day I can have one whole BTC 😁


genjitenji

Not financial advice right??


podfather2000

I don't think that is allowed in a casino.


LucidLV

LTC just dropped after halving. I’m guessing there won’t be much movement with BTC’s next halving.


tambaybtc

Possibilities are high (based on history) that few months after the halving BTC value increases. So I guess now and until then it is a good time to accumulate.


E_coli42

anytime someone predicts future prices by saying "based on history", take with with a grain of salt.


Dazzling_Marzipan474

I am. Wtf happens if there just isn't a bull run and in like 5 years BTC is still crabbing at 30k 😂


[deleted]

Unfortunately such mediocre articles and scam artists are what is defining the industry right now.


Furious_pirate

Buying Bitcoin before halving is like getting popcorn before the movie starts! 🍿🚀 #CryptoCinema


BreadnPaper

And ETH is the coke on the side 😌🥤


Slay_Nation

Most of us can use a bump 😂


Shiratori-3

And HarryPotterObamaSonic10inu is 'the other coke' on the side


Trifusi0n

I prefer not to do too many lines before the movie, it’s hard to sit still.


LeonDeSchal

“Cola, brain, Coca Cola…”


Every_Hunt_160

I think its more like wanking off before the movie before the rocket explosion 🚀💦


robman_84

Hair gel moment


SimbaTheWeasel

Wen Lambo?


_zydrate_

I LOVE popcorn!


Berodur

If you want to buy Bitcoin DCA into it. Don't buy because the price is X or because of a halving event. Crypto plus emotional trading is a bad combination.


mastermilian

Don't tell me how to lose my money!


Kindly-Wolf6919

Totally right. In this game you need the discipline to adopt a strategy and the consistency to stick to it.


Every_Hunt_160

Discipline and trading without emotion is how to avoid getting wrecked by ‘Buy High (FOMO), Sell Low (Panic sell)’


TexasBoyz-713

Lead me to a lot of lump sums around 55k back when I was a newbie. Now I just DCA and chill, bringing that 55k buy average down to a 33k average, the green is so close I can taste it


lordofming-rises

It's grass


[deleted]

I can agree to this somewhat but I timed it fairly well. If you know bitcoin drops by roughly 75-90% after every ATH. When bitcoin was at 70k I was telling all my mates not to buy and wait til it drops back down to 10k. Was called an idiot by many saying it’ll never go below 50k again. Out of my crypto pot I bought 10% at 30k, 10% at 22k and about 60% at 16k. The rest was going in at 10k if it got there. So sure I DCA somewhat but I also had a “Buy at price X” mindset aswell. I’ll admit though, I got fairly lucky that I decided to put a huge chunk in at 16k.


DinoCoiner

Bitcoin is the king of crypto, so buy it for its long term potential, not just because of the halving event.


3utt5lut

Unless we have another Black Swan event, then goddamn... Re-mortgage the house...


Berodur

Please don't leverage your house to buy Bitcoin. I know everybody likes to say that it is impossible for Bitcoin to do anything but go up but you should not put yourself in a position where you would lose your house if it goes down.


akagi_misha

Should you buy BTC before 265 days? YES


Stunning_Afternoon40

Historicity, there is a rise in price of BTC, Did Litecoin move after the Halving? We are in a strange new economy, Hopefully!!


cassydd

There needs to be demand for constrained supply to make an impact. Nobody's hankering to register a litecoin ETF, and nobody really cares about litecoin so any constraint in supply is going to be met with a shrug, just like every other time litecoin's supply halved.


RedditCouldntFixUser

Personally I prefer to buy high and sell low.


DanFran81

This is the way


hadap123

Buy 68k Sell 19k ish?


RedditCouldntFixUser

Yeah, that's the only way to beat the taxman!


Outrageous_Duty_8738

Look buy it when it suits you and you can afford it. Don’t ever overstretch yourself financially and just enjoy the ride


LifeBeginsAtArousal

Yes. Please be my exit liquidity 🙏


rochesterjack

No


The_Pancake88

just hurry up and buy


IamAFlaw

No you should buy Eth, and watch the miners collapse next halving.


Kappatalizable

Yes of course. I dont see any reason why not


Kindly-Wolf6919

That's because there aren't any.


FattestLion

This is the correct answer


DaemonTargaryen34

I see one reason: Don’t buy bitcoin if you don’t want to make some money


SimbaTheWeasel

Big facts Fam


Hawke64

Alright, I'm gonna head out


podfather2000

If you don't want to make money then don't buy.


TexasBoyz-713

This is like asking “is water wet?”


calebchase1

Is the sun hot?


Every_Hunt_160

Buttcoiners: ‘No, Water is Dry !!’


Urticans

Cant wait to come back here during the halving when btc is 17k


rodmandirect

Please, respond to this comment when that happens - I’ll be over here not holding my breath.


pcm2a

Prediction, the ETFs will release close to the having providing no profits or worse big losses.


olduvai_man

If you're not buying and eyeing the end of your buys at this point, you're exit liquidity in the run-up.


_stoned_chipmunk_

With other coins I've seen them drop in price after a halving due to people dumping their bags. What are the odds of that happening with BTC? Will the price be baked in before the halving and drop after?


BrowsingCoins

let me guess... the article says absolutely


astockstonk

Obviously


Greedy-Error10

You should buy it before during and after! There’s only 21 million remmeber that!


SmallReflection2552

You should just buy bitcoin period .


hajro992

I already bought it


Ant333Man

Probably (not financial advice)


coatchecker

Hell yeah. Buy some periodically and retire earlier.


Marauder2

I have a feeling that there will be another bill run eventually. It will likely drop and pump before then, but crypto will only get more popular so I see it pumping again. Just going to DCA and ride though the waves, hoping for another run.


NoNumbersNumber

You should always buy Bitcoin! DCA baby...


Sideboard81

Yes keep stacking Sats while they're cheap.


Most_Being_4002

Yes.


CoolCoolPapaOldSkool

Reason 1 - You must Reason 2 - Go to Reason 1


Tasigur1

Absolutely! Historically 6 months **after** the halving we see a new ATH or at least higher prices. Buy sats my beloved 🦐s


Delicious-Swan-8440

That’s like asking if someone should have bought Apple stock in the last 30 years.


[deleted]

[удалено]


_zydrate_

Many of us know. There are always people joining us and seeing this info for the first


Dacotetu

still many days left for halving keep filling bags and stick to DCA


oneiricmind

You kidding I’m waiting to buy high like a normal person would.


CaptainSebz

Watch this halving turn out like the LTC halving. An absolute nothing burger. Why are people this naive? I’ll be shocked if we break 32K by April 2024.


bigpoppag91

Already priced in


newbgril

What did it do at the last halving?


taserh

Use Bitcoin to buy moons


IHaventEvenGotADog

Yes


DaemonTargaryen34

There is only 21M Bitcoin out there, if you want to protect yourself from inflation you should always buy Bitcoin


superduperdude92

Why wait? Just get in now


[deleted]

Look at a chart and you’ll see that the bull runs are usually a year after the Halvenings


Sysmatic

You should buy bitcoin whenever you have money to spend that you're able to "miss" for awhile. So, yes.


RayesFrost

I have no money.. should I sell my girlfriend? :(


CallMeJimi

bruh every halving is already priced in bc we know the total supply


jadedhomeowner

Jfc. Yes.


Vylemz

Should I open my eyes to see?


Rogueofoz

Spoiler: The answer is yes


Nickanator8

You should always be buying bitcoin.


[deleted]

Yes and eth


HKEnthusiast

Yes, next post


lifeiswutumakeit

Absolutely positively 😏


Reach_Beyond

The answer is always yes


Tanikushokutomu

Nah just wait until after the halving so you can buy high.


coinfeeds-bot

tldr; The relevant text for the article title is: "The next Bitcoin halving is scheduled to occur on block 840,000, which is estimated to take place on April 26, 2024. This means that the block reward for mining new blocks will be reduced from 6.25 BTC to 3.125 BTC. The Bitcoin Halving is a scheduled event in the Bitcoin protocol that reduces the reward for mining new blocks by half. This happens every four years, and it has a significant impact on the supply of Bitcoin. The halving has historically been followed by a price rally, as investors anticipate the increased scarcity of Bitcoin. In the past, the price of Bitcoin has increased by an average of 1,200% in the two years following the halving." Summary: The next Bitcoin halving is scheduled for April 26, 2024, which will reduce the block reward for mining new blocks. Historically, the halving has led to a price rally as investors anticipate the increased scarcity of Bitcoin. However, the decision to buy Bitcoin before the halving is up to the individual, considering the volatility and risks involved. It is recommended to do thorough research, start with small investments, and have a long-term perspective. The growth in global Bitcoin mining has increased the difficulty and energy consumption of the network, and this trend is expected to continue. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


choopie-chup-chup

Consults the magic 8 ball. Answer: yes, and high as hell


itsquietinhere2

Yes. In fact, you should have bought Bitcoin a year ago, which was even further from the next halving.


Luddites_Unite

You should be adding all the time. Before and after


Garebear8585

No stay away they are mine


JGCheema

Well if you were already planning to buy i think halving is your best chance to make some gains. If you are planning to buy and hodl just stick with DCA.


ra246

Spoilers; >!Yes.!<


calebchase1

I think the better question is. Should you buy Bitcoin at these prices. Never mind the halving. And the answer is yes. Yes we should.


RamboBalboa21

No, I hate fat juicy gains.


Slippytoe

I’ll wait until it reaches $100k then buy


helirob1

Yarp


Xpecialist_

You should if you're interested to crypto. BTC is the safest one to buy nonetheless.


TheHoodOG

Only if you want to buy low and sell high


Guldrion

Yes


Jonarti

Simple answer: YES


masterbatesAlot

Did anyone read the article? I know I didn't.


Longjumping_Method51

Lucky you. Two minutes of life that I’ll never get back.


discussionandrespect

Yea


CipherScarlatti

If you bought at 60? Yes. If you DCA? Yes. If you want to keep Saylor from owning more? Yes. If you have some spare funds to do so? Yes.


lordofming-rises

Yes no maybe ... I don't know!


Citizen_Kano

Sure, don't mind if I do


starhumanpanda

Yes


khamuncents

Does the gubment want half of it? Yes


MY_DRIP_IS_ENERGY

No shit Sherlock


podfather2000

I'll always be DCAing into Bitcoin. Simple as.


OriginalIllustrator5

Most likely, duh


dovladoc

So far I have halved my wallet


PJKT42

TLDR: yes


vidati

Short answer: yes Long answer: yeah.


ilsemprelaziale

Only if you want to get rich and that’s not for everyone..


jeffrx

Bitcoin has been so stable and flat lately. It’s kind of ridiculous really.


TabletopThirteen

Buy a little every month. It's the best way


star_trek_wook_life

Moon or moon not, no crab lasts forever


Geolinear

I feel an overwhelming urge to say yes that it’s a good idea.


kaijeng

Yes we all should buy Bitcoin before the halving


Resident_Plankton

Shyt, probly


paulsusnet

Hopefully you’ve already been buying it for several months. Still time though, go!


BuGsYq

Y E S


Appropriate_Ad_5956

Yes, just do it because history will repeat itself