186 days till the bitcoin halving
GOOD DAY, CRYPTO FAM
A short but important newsletter as it includes my plan for the coming weeks.
The bitcoin halving is nearing… We are only 186 days away from it, which is around 6 months.
for those who don’t know what the bitcoin halving is, let me briefly explain it to you:
“The halving is an event in the Bitcoin protocol in which the reward that miners receive for validating transactions is cut in half. This event occurs roughly every four years or after every 210,000 blocks are added to the Bitcoin blockchain. The primary purpose of the halving is to reduce Bitcoin's inflation rate and ultimately limit the total supply.”
The key sentence in there is “… is to reduce bitcoin’s inflation rate …”
I’ve said this many times before, this will be the last major cycle before this whole industry is about to change and face (heavy) regulations as ETFs will start to be approved. This doesn’t mean that this space won’t be profitable anymore but it won’t be as profitable as it used to be.
Your time is now, take advantage of it.
My planning
As always the goal is to be prepared and the best way to prepare is to anticipate on what the market is doing.
With that being said, pay attention to what I’m about to say…