Bitcoin halvings take place every four years after a certain number of blocks have been added to the blockchain.
Bitcoin halving means that the amount of bitcoin received by miners for helping to secure the network and authenticate transactions is cut in half.
Just imagine you were to take a pay cut at work every four years!
This really means that the price of bitcoin is forced upwards over time, investing in bitcoin and other cryptocurrencies like bitcoin is not so much risky as a mathematically based certainty that it will rise in value over time.
there has never been a better or easier time for regular people to become millionaires in a short space of time than there is right now.
But this may be the last!
The last bitcoin halving and subsequent all time high in 2017 caught the attention of both the mainstream financial institutions and also the regulators.
Banks and other big businesses including the likes of Facebook are scrambling to develop their own blockchain currencies to quickly get in on the game.
The 2020 halving is the last chance to easily slip in and make your fortune before the regulators and big businesses clamp down on this growing industry and begin making life more difficult for new comers to get in on the action.
By the 2024 bitcoin halving, the big corporations will already be in position and would have no doubt lobbied governments and exchanges to change laws in their favour. This will no doubt mean that “average joe” will have a much harder time at making his fortune in the crypto markets.
2020 is your time!
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**DISCLAIMER**: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your own research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
Thumbnail photo by Evgeny Tchebotarev on Unsplash
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