60 Days for Bitcoin Halving Event

Hello and Namaste Everyone,

The countdown for the Bitcoin halving event is on and from now we are just 60 days away from the halving. This is the second time I'll be witnessing this event and for the first time, I have seen it happening in the year 2020. At that time I was new in the market and it was news to me but after reading a few articles on the Internet and this platform I got to understand what this halving is all about. Knowledge is very important in the crypto market and all this basic information like halving and many others related to crypto we should know. I understand that over time we will learn a lot but basic education is necessary to have some basic understanding of Crypto and blockchain. Investing in Crypto is good but we should also invest some time to learn more about it.

The timer is on for Halving

Multiple websites are offering a real-time timer for Bitcoin halving countdown. The one I have taken is from Binance and I have also provided the link below through the source so if you want to keep real-time track then you can visit this website. As I mentioned multiple websites are offering this countdown timer so you can choose many even through Google and use the one you like. As of now, we are just 60 days away. It's two months from now for this Bitcoin event. This is a big event of this year after spot ETF approval and we cannot expect an immediate impact in the market but we can expect the long-term impact which is going to be positive in this market.

Binance Timer Link

The last time we had this event was in year 2020 and in the same year, we saw Bitcoin reaching its all-time high price. If history repeats itself it is going to be a good time for Bitcoin holders in the market and you never know if it can cross its all-time high and also create another all-time high in the market.

Everyone in the market expects good price growth for Bitcoin so that they can book some profit but I think it's not that much easy. Sometimes we know that our investment has grown but still, we are not ready to sell because we get greedy. Emotions should not be part of the investment because if we do, it can be a loss-making situation. I'm not holding Bitcoin so I'm not going to get any benefit if its price goes up but what I expect is that there are some other coins I hold and if Bitcoin grows so we can see a similar impact on other coins also. For example, the Hive price will go up following the market sentiment. I think the situation of hive in the market is different because it is not like any crypto but it is a more valuable coin because it is one of the coins that the community wants to have as much as possible. Everyone is trying to grow their HP holding and that is how the demand for a hive is higher.

I can't say if we are in the bullion market but surely it's not bearish as there is a lot of fluctuation and price movement happening in the crypto market. It can be a trigger point or a signal that we are moving in the right direction in this market and it would not be a surprise if we see some coins reaching their all-time high and even crossing over.

Thank you so much
Stay Safe

Posted Using InLeo Alpha