Is the Perfect Time to Invest in Cryptocurrency Post-Bitcoin Halving?

The
Illusion
Of
FOMO 

It’s
normal
to
feel
like
you’ve
missed
out
on
something,
especially
when
that “something”
is
a
million
dollar
investment
return.
Bitcoin
has
made
a
name
for
itself
as
the
world’s
first
cryptocurrency
back
in
2009.
A
lot
of
non-crypto
users
(or
even
non-Bitcoin
traders)
share
a
misconception,
one
that
assumes
that
because
Bitcoin
is
so
popular
and
doing
well
now
(currently
at
$70,000
for
a
piece.)
that
it
must
be
too
late
to
even
bother
with
it
at
all.
In
fact,
this
leads
to
FOMO
(the
abbreviation
of
the
phrase “fear
of
missing
out”)
especially
when
faced
with
handsome
profit
returns.
The
mistake
that
most
users
make
is
panic-buy
crypto
upon
hearing
this
news,
thus
leading
to
the
infamous
FOMO
regret.
Trading
is
a
big
deal;
don’t
waste
money
that
could
potentially
be
used
for
future
gains!
It
is
very
important
to
remember
that
investing
is
not
a
decision
that
can
be
made
on
emotional
impulse,
but
rather
a
steady
and
calculated
move.

Volatility,
Bear
Markets,
&
The
Waiting
Game

Fact:
The
cryptocurrency
market
is
notoriously
volatile.
Don’t
let
that
scare
you
from
dipping
your
toes
into
the
pond
though!
Bitcoin’s
growth
is
nothing
short
of
remarkable,
facing
significant
downturns
for
most
of
its
years
before
eventually
skyrocketing.
However,
this
is
the
reality
of
investing
in
crypto;
you
are
most
likely
going
to
face
a
lot
of
downs
before
you
see
any
upturns.
Investing
in
cryptocurrency
requires
a
strong
stomach
and
a
long-tern
perspective.
No
one
got
rich
overnight
from
crypto…
Unless
they
were
incredibly
lucky.
It’s
all
about
timing,
and
for
most
crypto
investors;
we’re
all
playing
the
waiting
game.
Be
patient
and
think
about
how
long
it
took
Bitcoin
to
get
where
it
is
today.
Try
to
adopt
a
more
disciplined
approach
towards
trading
whenever
you
start
to
feel
the
itch
to
sell.
Last
but
not
least,
always
be
prepared
for
fluctuations!
The
crypto
seas
can
be
rough,
but
it’s
one
helluva
view
when
you
make
it
to
the
other
side
of
the
Bitcoin
rainbow.
Now,
let’s
address
the
question
of
whether
it’s
too
late
to
buy
crypto
and
Bitcoin
specifically.

Bitcoin:
Is
It
Too
Late? 

Bitcoin,
often
dubbed
digital
gold
by
financial
experts,
has
established
itself
as
a
store
of
value
and
a
hedge
against
economic
uncertainty.
21
million
coins
currently
are
out
in
the
world,
however
that
number
is
reducing
day
by
day
with
miners
working
hard
to
claim
block
rewards
while
they
still
can.
Its
finite
supply
and
decentralized
nature
make
it
an
attractive
asset
for
investors
seeking
alternatives
to
traditional
fiat
currencies.
Due
to
its
nature
of
being
scarce,
a
lot
of
traders
are
of
the
opinion
that
it
is
too
late
to
get
on
the
Bitcoin
boat,
as
it
has
long
left
the
pier.
While
the
price
of
Bitcoin
has
reached
unprecedented
highs,
many
experts
believe
that
its
potential
for
further
growth
remains
substantial,
especially
as
adoption
continues
to
increase.
So
with
all
this
acceptance
and
positive
news
about
Bitcoin,
why
are
the
non-believers
so
adamant
that
it’s
all
over?A
large
reason
for
this
belief
is
none
other
than
the
Bitcoin
halving
event.
Whenever
the
Bitcoin
halving
occurs,
the
price
movements
of
Bitcoin
become
more
desirable–at
a
certain
cost.
As
of
now,
April
2024,
users
are
about
to
witness
another
Bitcoin
halving
occur.
With
the
last
Bitcoin
halving
occurring
in
May
2020,
the
block
height
is
about
to
drop
yet
again
very
soon.Which
now
begs
the
question:
how
does
the
Bitcoin
halving
work?

Understanding
The
Bitcoin
Halving

Scheduled
to
occur
approximately
once
every
4
years,
the
Bitcoin
halving
event
is
one
of
the
biggest
things
to
happen
in
the
cryptocurrency
world.
But
what
exactly
is
the
Bitcoin
halving,
and
why
does
it
matter?
At
its
core,
the
Bitcoin
halving
is
a
built-in
feature
of
the
cryptocurrency’s
protocol
that
occurs
roughly
every
210,000
blocks.
This
event
involves
reducing
the
reward
miners
receive
for
validating
transactions
by
half.
In
simpler
terms,
it
means
that
the
rate
at
which
new
Bitcoins
are
created
is
cut
in
half.

When
Was
The
Last
Bitcoin
Halving?

To
put
it
into
perspective,
since
May
2020
(which
was
the
previous
Bitcoin
halving
event)
the
block
rewards
have
been
halved
to
6.25
Bitcoins
per
block.
This
means
that
by
a
date
in
April
2024,
Bitcoin
would
have
reached
210,000
blocks
again,
thus
halving
the
6.25
Bitcoins
per
block
into
3.125
Bitcoins
per
block
as
the
block
reward.
To
know
when
Bitcoin
will
halve
again,
its
best
to
have
a
Bitcoin
halving
countdown
clock
so
that
you
can
always
be
prepared
for
the
next
one!
As
for
the
exact
date,
it
isn’t
completely
accurate
as
the
rate
Bitcoins
are
mined
may
differ
depending
on
the
source
of
data.
However,
you
can
use
any
Bitcoin
halving
countdown
clocks
online
as
a
reference
for
an
estimated
date.

Why
Is
The
Bitcoin
Halving
An
Important
Event?

You
might
wonder
why
Bitcoin
even
bothers
to
employ
such
an
exhausting
mechanism.
Well,
there
are
several
reasons
but
the
best
way
to
understand
this
is
to
know
that
it’s
the
best
way
to
control
the
supply
of
new
Bitcoins
entering
circulation.
Unlike
fiat
currency,
which
is
known
to
suffer
inflation
thanks
to
central
banks
printing
more
and
more
money
to
circulate
it,
Bitcoin
maintains
its
scarcity
by
nature.
In
face
through
the
Bitcoin
halving,
along
with
halving
the
rewards
gained
from
block
rewards,
the
rate
of
new
Bitcoin
issuance
is
gradually
reducing
over
time.
Bitcoin’s
creators
sought
to
mimic
the
scarcity
of
precious
metals
like
gold,
thereby
potentially
increasing
its
value
over
time.
Therefore,
with
every
Bitcoin
halving,
the
price
movements
of
Bitcoin
only
increase
gradually.
This
is
the
biggest
reason
why
it
is
far
more
valuable
than
fiat
currency,
and
why
Bitcoin
has
such
fantastic
value.

What
To
Know
Before
Investing
in
Crypto
and
Bitcoin

The
Bitcoin
halving
event
has
significant
implications
for
both
Bitcoin
investors
and
enthusiasts
alike.
Here
are
a
few
key
points
to
consider,
especially
if
you
are
new
to
trading
and
cryptocurrency:

1.
Supply
and
Demand
Dynamics:
With
the
reduction
in
the
supply
of
newly
minted
Bitcoins,
the
event
often
leads
to
increased
scarcity.
Basic
economics
dictates
that
when
the
supply
of
an
asset
decreases
while
demand
remains
constant
or
increases,
its
price
tends
to
rise.
Therefore,
some
investors
anticipate
that
the
Bitcoin
halving
event
will
drive
up
the
price
of
Bitcoin.

2.
Historical
Performance:
Previous
Bitcoin
halving
events
have
been
associated
with
significant
price
movements
for
Bitcoin.
However,
it’s
essential
to
note
that
while
we
may
learn
from
it,
past
performance
is
not
indicative
of
future
results.
Historical
trends
can
still
provide
valuable
insights,
so
we
should
not
completely
push
it
aside,
but
always
keep
in
mind
that
they
do
not
guarantee
similar
outcomes
in
the
future.

About
Toobit

Toobit
is
a
leading
innovator
in
the
cryptocurrency
investment
space,
providing
comprehensive
tools
and
analyses
to
help
investors
harness
the
strengths
of
digital
currencies.
With
a
client-first
philosophy,
Toobit
is
reshaping
the
investment
landscape
for
a
decentralized
future.
For
more
information
about
Toobit
and
their
inflation
hedge
strategies,
please
visit
our
website
at
https://www.toobit.com.