❇️ BITCOIN HALVING IS COMING SOON! ARE YOU BULLISH OR BEARISH?! 🙋♂️
Whats Up STACKERS!
With the Bitcoin Halving around the corner, many Bitcoin "Moon Boys", Hodlers, Traders, Investors and speculators are getting very anxious. 🙇
Why is this day important to them?
It's going to be much harder for miners to mine Bitcoin and people are speculating that it will increase the price of Bitcoin in the long run.
I've found a good website where you can track the Bitcoin Halving Countdown. By the looks of it, the halving is around 40-45 days. 📊
Here is the site to check out:
https://www.bitcoinsensus.com/bitcoin-halving-countdown/
Am I Bullish or Bearish?? With the all the crazy things going on right now with the Economy... I'm right down the middle.
Bitcoin usually gets very Bullish a few months after the halving and I can expect the same to happen but very slowly this time around.
Many "Moon Boys" has been calling the price of Bitcoin to rise up too 100K+ for years and like I stated many times before, this will not happen anytime soon. 😲
We are about to enter into a recession/depression in the next few years and I don't see many people "Buying" Bitcoin at this time. 🤷♂️
Am I bearish? Not at all! Bitcoin is very volatile and the price can range between $1000 - $20,000 during this time. Tons of money can be made from trading due to the volatility but it can be very risky for newbs.
If you like "Bitcoin" be sure to have a 10 year "game plan" and "HODL". Just buy little at a time and put it away for many years. 📆
Like I said many times before, this isn't financial advice at all. If you lose your ass off, blame yourself for listing to some "Asian" Dude online named Stackin! 😂
Keep on STACKIN! 😎
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Drop to 1k pre halving, rise to 100k 18 months later.
That would be the perfect scenario hahaha
Haha YES!! ✌🏼
Bullish offcourse!
Don't be too bullish hahahaha jk
Aloha @stackin!
I am neither bullish nor bearish. I assume a sideways trend like at the last halving 4 years ago.
The next big bull run is delayed for now. After the last halving it took several months until the bull market slowly started to blossom. On top of that comes the Corona Pandemic, which is why many investors are insecure and not willing to risk so much.
But as I have noticed, people are buying oil stocks like crazy.
May the good be with you!
Oil can be a good longterm play, it hit under $20 but still can go to $10 but the upside can be good many years from now ;)
As an athletic guy, that could suit you ;)
I like these sporty elegant tracksuits.
In the movie "The Gentlemen" they look classier, though.
With the pandemic, I was in shorts for 60 days lol
Bearish!! I'll use some Steem to get some BTC! 👍🎶🐝
It went up today lol
Yeah, we are expecting a price that steady a position, not up-down rapidly and randomly!