3 Days left until Bitcoin Halving

3 Days left until Bitcoin Halving and My Analysis

By CryptoPk | Blockchaintech | 8 May 2020


Source of Thumbnail Image

Hello readers only 3 days and some hours left until Bitcoin halving, and the community of Bitcoin has grown tremendously until the last halving back in 2016. We all see the market wave after 6 months of the 2nd halving when supply was cut down from 25 BTC per block to 12.5 BTC per block. But this time during the 3rd halving when supply will be more cut down to 6.75 BTC per block it is to be predicted that the market will be more bullish than the previous wave in Q1 of 2017. This time the economic situation is far more different than the previous one and any time soon the economy crash can be initiated with the fall of USD and all Fiat Currencies. This time it will be a more deadly crash than 2008, although the previous crash of 2008 will look like peanuts. 

In the below image you can check about the block halving event and why was this done, along with predictable monetary supply. 

 

Bitcoin halving event

Although Altcoins have more potential gain than the bitcoin, so I will suggest my readers aim for the major altcoins instead of the Giant bitcoin. If you have a good investment then you can go for any project as you like and after extreme study about the whitepaper of the project. We are still in the early stage of Block-Chain Adoption and it can be trillions of dollar market anytime soon in 5 years or so. 

Although I am not a financial advisor, so you be very careful while investing. Especially do not invest from your current income but rather than prefer savings that you can afford to lose.

 

 

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CryptoPk
CryptoPk

Crypto enthusiast and trader


Blockchaintech
Blockchaintech

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