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Bitcoin half up or down

Publish: 2021-05-19 13:36:27
1. bitcoin halving is good for the price, but there is no definite time when the good will be reflected in the price. We all know that the price will rise, but when and where it will go, we are all guessing.
2. In 2009, Nakamoto Tsung invented bitcoin, and he designed the issuing mechanism of bitcoin:
the issuance of bitcoin does not depend on indivials or teams, but through a process called "mining". By solving the problem of cryptography, people get the right to create new blocks and get rewards. It can be said that the new bitcoin is proced to reward miners to verify blocks. In the beginning, 50 bitcoins were awarded for each block packed. Nakamoto designed a set of rules. For every 210000 blocks excavated (about four years), the reward will be halved. This is what we call "halving" event
the first half was at the end of 2012, when 50 bitcoins were awarded to the 210000 block, but only 25 bitcoins were awarded to the 210001 block
the second half took place in the middle of 2016, and the reward was halved again, so 12.5 bitcoins were awarded in 420001 block
and so on...
until around 2140, 21 million bitcoins were g up, and then they stopped rewarding
Why do we need this half design? If bitcoin is issued too fast and there is no circulation limit, there will be a large amount of bitcoin in circulation in the market, and it will definitely be greatly devalued. One thing to remember: bitcoin is valuable. First, the number of bitcoins is fixed, that is 21 million; Moreover, through the halving process, inflation in the bitcoin economy can be suppressed
the third halving will take place in May this year. Let's wait and see.
3. No one can predict probability well. But you can use the fixed investment method, in the current price position, you can build positions in batches to buy the spot, if it falls, you can continue to buy. If it goes down to 3500, you can buy some contracts. In this way, although we can earn less, we can at least get some profits. Of course, the premise is to prepare more for the principal, so that there will be sufficient principal to buy when it falls.
4. First of all, the probability is not big, because after a period of time to reach more than 3000 points of test, and quickly rose to more than 7000, indicating that there are a lot of low price bottom
secondly, the current market sentiment is bullish, the rising trend is relatively good, and it is difficult to fall
thirdly, the good situation of national new infrastructure is difficult to fall
5. Judging from the trend, BTC needs a decent step back, because it has rebounded since the bottom of 3800 last time, and there is no trend of a second step back. Therefore, there are some hidden dangers in the short term, and it needs to withdraw again, maybe back to around 5000
of course, the next month will be the cycle of proction rection. After two months of proction rection, most of them will usher in the market. Therefore, if there is a short-term withdrawal, it will be a perfect low absorption point

it's better to buy bitcoin ETF fund than bitcoin in 2020< In theory, X2
3. The current price of bitcoin is 70000x4 = 28000 US dollars (the expected price after this year's proction rection)

ring this period, the return comparison between holding spot money and ETF fund is as follows:

1. Buy spot money to hold, earn 4 times
2. Buy ETF fund, earn 12 times, Up to 30 times (intelligent position adjustment + fund compound interest calculation)

there is no doubt that bitcoin ETF launched by bitoffer is the best investment choice!
6. not always. But the overall trend is bullish
on November 28, 2012, BTC was halved for the first time, from $2.01 to $1178, an increase of nearly 600 times
on July 10, 2016, BTC halved for the second time, from $163.65 to $19800, an increase of more than 120 times
BTC is expected to halve for the third time in May 2020.
7. Every time bitcoin is halved, there is indeed a surge. But if you have studied bitcoin, every surge has a cycle, that is, it will not surge immediately after the proction rection. There is a long process, which may take one or two years
for reference only, it has no practical significance. After all, I don't count.
8. Step up research and development of new technologies. Every Internet innovation is driven by technologies that ordinary people can't imagine before, such as the rise of smart phones and automatic driving technology based on artificial intelligence. Domestic Internet giants should seize the opportunity to explore new markets.
9. Any short-term forecast is invalid, and the long-term forecast is not accurate enough, so I don't think there is an accurate answer to this question. It is suggested to read black swan. Anything is possible.
10. The bubble of high and low is a broken day, which is similar to the tulips of the year.
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