Shaf
Verified member
The best time to plan for making money in cryptocurrency is during the accumulation phase of a bear market, and knowing about Bitcoin halving helps as it can help you plan ahead.
Bitcoin halving happens every four years, but it brings about fears from newbies that their coins would be cut in half. What happens is that it is the rewards for miners that is cut in half, which is a way to ensure that the amount of Bitcoin that would be mined would always remain at 21 million coins only.
The next is expected to happen in 20224 after the last one happened in 2020, which was followed by a bull run in 2021. The main reason this bull run happens after a halving is because the amount of coins reduces while the demand remains almost the same, leading to increasing process all over. It also helps so you can set targets at which you will sell what you hold for the best profits.
Bitcoin halving happens every four years, but it brings about fears from newbies that their coins would be cut in half. What happens is that it is the rewards for miners that is cut in half, which is a way to ensure that the amount of Bitcoin that would be mined would always remain at 21 million coins only.
The next is expected to happen in 20224 after the last one happened in 2020, which was followed by a bull run in 2021. The main reason this bull run happens after a halving is because the amount of coins reduces while the demand remains almost the same, leading to increasing process all over. It also helps so you can set targets at which you will sell what you hold for the best profits.