3 Days To Bitcoin Halving. Will you take profit?

in voilk •  3 months ago

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    Just as every market has it own waves of winners and losers, so does every narrative. What if I climbed the podium and I told you the bull run was over?

    I’ll probably have to dodge stuff being thrown at me from the crowd, if you’re part of those that will stone me with your shoes or scoff at me, whether or not you’re new around here, it is very likely that you did not take profits….yet again,

    You didn’t take profit anon

    the little you probably did you put it into something else, maybe a meme and now it’s gone down the drain, or barely holding up,

    what if I told you we’ve entered that first wave of the bear market where many people like yourself are still in disbelief, thinking it’s just a correction or it’s just a quick dump,

    instead of cutting loses and salvaging what you have left, those of you that got few airdrops and instead of cashing out you staked it in hopes of getting more airdrops you’re also on this table,

    coulda changed your life bro, now greed will teach everyone a lesson. Many people will say the bull run only just started, which is wrong, technically this last bull run lasted for over 1 year, sorry if your favorite token couldn’t pull one off,

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    Bitcoin for the win

    Clearly Bitcoin was a major winner here, smashed all time highs and set a new one as the apex asset it is, I wonder what more people wanted.

    The people who I pity most are those that have been holding their shit tokens since the last bull run, most of them never saw their last all time high again.

    This bull run was so comical, it was as if it single handedly rewarded those that got in at a point between the last two years, those that got in before want it to go higher so that they can be compensated, and those that got in after that time want it to go higher too lol. But most have forgotten that everyone cannot win.

    So you didnt take profits again! Well it’s not the end of the world, so what. Well, for your own good i hope you’re invested in solid projects and still holding even if you missed the bull run,

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    But did you invest right?

    if you did then congrats, your future generations will thank you for it because sad to say you may not reach the adoption you envisioned before you die. Harsh truth.

    But then again it depends on how solid the project you’re invested into is. Some projects take 5 years some take 10 or even more before they reach that life changing state. Some take 40 years. So for your own good I hope you’re invested right.

    Imagine I said, "Investing in crypto without taking profits is like expecting to win a marathon by sprinting the first 100 meters. Sure, you'll lead for a minute, but you'll probably pass out before you see the finish line!"

    Reversing the Perspective with Reasons

    But, let’s flip the coin for a moment. While the view of imminent doom and gloom paints a vivid picture, it's not all that bleak.

    For one, the imminent Bitcoin halving is a reminder of the built-in scarcity of Bitcoin, an event that historically signals the beginning of significant upward trends in value and alts follow.

    Contrary to the bearish outlook, historical data from previous halvings in 2012, 2016, and 2020 show us that roughly a year after each halving, Bitcoin has reached new all-time highs. So chances are we are just starting.

    This speculation is grounded in the reduced supply of new Bitcoins entering the market, which, when paired with steady or increasing demand, typically drives up price.

    Furthermore, considering the global economic environment, with inflation rates soaring in many countries, more investors and institutions are looking at Bitcoin not just as a growth investment but as a potential hedge against inflation.

    This broader financial climate could support the argument that significant crypto assets, like Bitcoin, are far from a downward only trajectory.

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    Strengthening the New Perspective

    Taking a personal angle, let's consider the value of persistence and long-term investment strategies. For instance, Amazon’s stock saw a nearly 90% drop after the dot-com bubble burst, but those who held onto their shares or invested during the dip have seen exponential growth since then.

    Similarly, strategic investments in solid blockchain projects, particularly those enhancing real-world applications, could be viewed not just as gambles but as foundational assets for future technology landscapes.

    The conversation around adoption is also key. With increasing real-world uses and integration into financial systems, cryptocurrencies, especially major ones like Bitcoin, are likely to see continued growth in both adoption and value.

    For those invested in solid projects, there's every reason to hold onto a long-term vision. The game isn't over it’s just getting started, and strategic patience often pays off.

    In conclusion, while it’s wise to be cautious, especially as we approach another Bitcoin halving, the broader perspective and historical cycles suggest that we might just be gearing up for another exciting chapter in crypto.

    Thanks for reading.

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