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Why the Bitcoin halving will play out similar to every other time.

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by COINS NEWS 126 Views

I have been noticing a lot of comments about the Bitcoin/Litecoin halving lately. It’s quite interesting from a psychological stand point.

The current idea is that every 4 years we get a halving. Historically this causes Bitcoin to run. History is usually a fairly reliable indicator, but not always.

I’m seeing a lot of posts that are saying that:

“Bitcoin always pumps during a halving, but this time it won’t. The whales will dump on us”

Now we have a real dilemma. Since the whales are going to trick us for the first time ever, we should not rely on the halving.

Sell, sell, sell!!!

WRONG!!

This is human nature. We always think “this time is different” and we somehow manage to convince ourselves that it will actually be different. This is our fear and anxiety working against us. The big “what if”

By allowing these thoughts to take control, we set ourselves up for failure. This is a trap that we set up for ourselves that is fuelled by fear and anxiety.

The FOMO that happens during the halving will drive the price so high that it will provide the whales with far bigger profits then if they were to just dump before the halving and take our tiny dollar cost averaged coins.

The halving pumps are not initiated by us shrimps dollar cost averaging up to the halving event, they’re initiated by whales putting up massive buy walls, spreading massive amounts of hopium through media outlets and creating huge FOMO.

The money that flows in is HUGE!

The time frames or fractals might not be the same as last time, they will try to trick us, and they will shake some of us out, but you better bet on the halving still happening. It’s in the whales best interest and it’s in your best interest to bank on it happening.

Do not give into your thoughts that “it’s not going to happen this time”

We all know nothing is ever guaranteed in crypto or in life.

The only thing we can rely on is that the game never changes, people never change, psychology never changes and that humans are predictable.

submitted by /u/karlizak
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