This is my plan. I started taking it seriously in the new year and so far I've reached 5 figs. Not enough to start celebrating because I only have half a bitcoin right now, but I'm getting there. This is my plan.
Approximately every 10 minutes a block is mined. The miner that did this gets a block reward in BTC. Every ~4 years the amount received is halved. Right now it's 6.25, next year around this time it'll drop to 3.125. 4 years after that, it'll be halved again.
ok so lets say I buy $50k of bitcoin? I can expect a 100k profit on my 50k initial?
Or the bubble has burst and I lose 50k?
Can you show me a roulette wheel cause when I lose money I'd like it to be quick
I do this with the deflationary ether.
Btc is still an 5x, but I want 6-8x!
Losers average losers
But I need a 15-20x to hit 9figs, OP. I still need to deal with shitcoins.
>x3
WOW!
>Simpson
Your faction is dying
try bitcoinrota.com if you have some to spare
3x is not enough to make it.
Obviously OP means
>hold til halvening
>sell the top
>wait for drop
>catch the bounce
>rebuy the bottom
That was implied.
This is my plan. I started taking it seriously in the new year and so far I've reached 5 figs. Not enough to start celebrating because I only have half a bitcoin right now, but I'm getting there. This is my plan.
>just buy low and sell high bro. it's literally that simple.
SNEED
Shitty coin, it wont make it
Can someone please explain the BTC halving to me?
Yes, that's likely.
Approximately every 10 minutes a block is mined. The miner that did this gets a block reward in BTC. Every ~4 years the amount received is halved. Right now it's 6.25, next year around this time it'll drop to 3.125. 4 years after that, it'll be halved again.
https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value
ok so lets say I buy $50k of bitcoin? I can expect a 100k profit on my 50k initial?
Or the bubble has burst and I lose 50k?
Can you show me a roulette wheel cause when I lose money I'd like it to be quick
This is our last time to slurp the dip
Give me a realistic price per avax in the next bullrun
$50 min
Thanks anon
I may consider it. For now I am more than fine holding AVAX.