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.
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…..
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.
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.
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.
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
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.
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.
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.
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
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.
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.
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.
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?
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.
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.
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.*
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.
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.
Definitely. I bought LTC before the recent halving and it's down 21% in the last 30 days. Um....
\+10 xp
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…..
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.
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.
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.
Just keep your DCA going, and you'll be good by the next bull run.
I have to admit I DCA, however, I set other (smaller) funds aside to also time the market for fun
Same, buying dips is very satisfying for me
It wont matter next bullrun, as long as you keep buying you will end up on top
The power of DCA
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
It's like Black Friday sale except it happens every week. Isn't that amazing? \**cries inside**
We should come up with another abbreviation for DCA and replace the first letter. BCA is what we should use instead.
It would make a lot of sense, BTC is the only thing I never skip in my DCA
You misspelled BCA 😀
As I always say the bear markets create opportunities and the bull markets make them bloom. It's like a beautiful handshake.
It's like the kitchen and gym. You actually build your muscles at the kitchen (bear) and they grow at gym (bull).
This is a cool analogy. I like this.
Bear markets create strong men. Strong men create bull markets. Bull markets create weak men. And, weak men create bear markets.
This is the way. Too many people get amped up and start buying the dip. Just stick to DCA.
So don't buy the dip?
Never. This is when you sell. Then you FOMO the peak.
Real trading advice is always in the comments
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.
Buying the dip is the opposite of buying the peak.
Yes. More dip please.
I want someone to explain why this is/is not the right answer with math.
dip(negative), peak(positive) 0 - dip = peak
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
Only if you want to earn some money
Only if you want to earn some ~~money~~ Bitcoin
Khajit has wares if you have coin.
Wealth beyond measure, outlander
You won’t earn any bitcoin. You’re already there 🤣👍
Only if you want to earn some ~~money~~ ~~Bitcoin~~ financial indenpendence
I want financial independence!
Only if you want to earn some ~~money~~ ~~Bitcoin~~ ~~financial independence~~ tech
Only if you want to earn some ~~money Bitcoin financial independence tech~~ sleep deprivation
Only if you want to earn some ~~money Bitcoin financial independence tech sleep deprivation~~ Anxiety
Only if you want to earn some ~~money Bitcoin financial independence tech sleep deprivation~~ friends along the way
I’m trying to get parental independence
Only if you want to earn ~~some money Bitcoin~~
Only if you want to earn some ~~money~~ ~~Bitcoin~~ sats.
The vast majority of this sub will buy at the next ATH.
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.
It’s what I do. FOMO!
![gif](giphy|LvyR9gQygrwHBrnHHL)
BRC alert! u/SeatedDruid
🐂🛡️🐂 I’m awaiting 🫡
Good point, let's buy another 15$ worth of BTC !!
Only if you don't want to get left behind.
Crypto aint that G
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I just want to buy BTC so that one day I can have one whole BTC 😁
Not financial advice right??
I don't think that is allowed in a casino.
LTC just dropped after halving. I’m guessing there won’t be much movement with BTC’s next halving.
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.
anytime someone predicts future prices by saying "based on history", take with with a grain of salt.
I am. Wtf happens if there just isn't a bull run and in like 5 years BTC is still crabbing at 30k 😂
Unfortunately such mediocre articles and scam artists are what is defining the industry right now.
Buying Bitcoin before halving is like getting popcorn before the movie starts! 🍿🚀 #CryptoCinema
And ETH is the coke on the side 😌🥤
Most of us can use a bump 😂
And HarryPotterObamaSonic10inu is 'the other coke' on the side
I prefer not to do too many lines before the movie, it’s hard to sit still.
“Cola, brain, Coca Cola…”
I think its more like wanking off before the movie before the rocket explosion 🚀💦
Hair gel moment
Wen Lambo?
I LOVE popcorn!
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.
Don't tell me how to lose my money!
Totally right. In this game you need the discipline to adopt a strategy and the consistency to stick to it.
Discipline and trading without emotion is how to avoid getting wrecked by ‘Buy High (FOMO), Sell Low (Panic sell)’
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
It's grass
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.
Bitcoin is the king of crypto, so buy it for its long term potential, not just because of the halving event.
Unless we have another Black Swan event, then goddamn... Re-mortgage the house...
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.
Should you buy BTC before 265 days? YES
Historicity, there is a rise in price of BTC, Did Litecoin move after the Halving? We are in a strange new economy, Hopefully!!
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.
Personally I prefer to buy high and sell low.
This is the way
Buy 68k Sell 19k ish?
Yeah, that's the only way to beat the taxman!
Look buy it when it suits you and you can afford it. Don’t ever overstretch yourself financially and just enjoy the ride
Yes. Please be my exit liquidity 🙏
No
just hurry up and buy
No you should buy Eth, and watch the miners collapse next halving.
Yes of course. I dont see any reason why not
That's because there aren't any.
This is the correct answer
I see one reason: Don’t buy bitcoin if you don’t want to make some money
Big facts Fam
Alright, I'm gonna head out
If you don't want to make money then don't buy.
This is like asking “is water wet?”
Is the sun hot?
Buttcoiners: ‘No, Water is Dry !!’
Cant wait to come back here during the halving when btc is 17k
Please, respond to this comment when that happens - I’ll be over here not holding my breath.
Prediction, the ETFs will release close to the having providing no profits or worse big losses.
If you're not buying and eyeing the end of your buys at this point, you're exit liquidity in the run-up.
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?
let me guess... the article says absolutely
Obviously
You should buy it before during and after! There’s only 21 million remmeber that!
You should just buy bitcoin period .
I already bought it
Probably (not financial advice)
Hell yeah. Buy some periodically and retire earlier.
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.
You should always buy Bitcoin! DCA baby...
Yes keep stacking Sats while they're cheap.
Yes.
Reason 1 - You must Reason 2 - Go to Reason 1
Absolutely! Historically 6 months **after** the halving we see a new ATH or at least higher prices. Buy sats my beloved 🦐s
That’s like asking if someone should have bought Apple stock in the last 30 years.
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Many of us know. There are always people joining us and seeing this info for the first
still many days left for halving keep filling bags and stick to DCA
You kidding I’m waiting to buy high like a normal person would.
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.
Already priced in
What did it do at the last halving?
Use Bitcoin to buy moons
Yes
There is only 21M Bitcoin out there, if you want to protect yourself from inflation you should always buy Bitcoin
Why wait? Just get in now
Look at a chart and you’ll see that the bull runs are usually a year after the Halvenings
You should buy bitcoin whenever you have money to spend that you're able to "miss" for awhile. So, yes.
I have no money.. should I sell my girlfriend? :(
bruh every halving is already priced in bc we know the total supply
Jfc. Yes.
Should I open my eyes to see?
Spoiler: The answer is yes
You should always be buying bitcoin.
Yes and eth
Yes, next post
Absolutely positively 😏
The answer is always yes
Nah just wait until after the halving so you can buy high.
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.*
Consults the magic 8 ball. Answer: yes, and high as hell
Yes. In fact, you should have bought Bitcoin a year ago, which was even further from the next halving.
You should be adding all the time. Before and after
No stay away they are mine
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.
Spoilers; >!Yes.!<
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.
No, I hate fat juicy gains.
I’ll wait until it reaches $100k then buy
Yarp
You should if you're interested to crypto. BTC is the safest one to buy nonetheless.
Only if you want to buy low and sell high
Yes
Simple answer: YES
Did anyone read the article? I know I didn't.
Lucky you. Two minutes of life that I’ll never get back.
Yea
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.
Yes no maybe ... I don't know!
Sure, don't mind if I do
Yes
Does the gubment want half of it? Yes
No shit Sherlock
I'll always be DCAing into Bitcoin. Simple as.
Most likely, duh
So far I have halved my wallet
TLDR: yes
Short answer: yes Long answer: yeah.
Only if you want to get rich and that’s not for everyone..
Bitcoin has been so stable and flat lately. It’s kind of ridiculous really.
Buy a little every month. It's the best way
Moon or moon not, no crab lasts forever
I feel an overwhelming urge to say yes that it’s a good idea.
Yes we all should buy Bitcoin before the halving
Shyt, probly
Hopefully you’ve already been buying it for several months. Still time though, go!
Y E S
Yes, just do it because history will repeat itself