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I've been reading about the 4 year cycle - Can someone ELI5?

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The way i understand it, each approx 4 years, the reward for mining is halved which decreases people's motivation to continue mining. Is this right so far?

So then with less mining, what is the consequence of that?

Is that even correct logic?

Just trying to decide if I should buy some more now, or wait until there's a significant dip if one is expected around the 4 year mark.

confused. Thank you.

submitted by /u/BubbleButtBuff
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