โ๏ธ BITCOIN HALVING IS COMING SOON! ARE YOU BULLISH OR BEARISH?! ๐โโ๏ธ
Whats Up STACKERS!
With the Bitcoin Halving around the corner, many Bitcoin "Moon Boys", Hodlers, Traders, Investors and speculators are getting very anxious. ๐
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. ๐
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. ๐ฒ
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. ๐คทโโ๏ธ
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. ๐
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! ๐
Keep on STACKIN! ๐
~ Charles Fuchs
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