Bitcoin Repeating Itself Again

in LeoFinancelast year

Bitcoin is not new to most of us anymore, and as we know that it is a digital currency that is created by an unknown person or group of people by the name Satoshi Nakamoto back then in the year 2009.

The price started at a very small unit not up to $1 then. There were many unlucky fellows that traded there huge bitcoin to some items that don't worth it. Like a guy that traded 4000 Bitcoin with pizza. And till today, bitcoin pizza day is celebrated.

Back in 2009, I have not heard of bitcoin. But in 2011, I started to know about the coin and I was able to earn my first Satoshi with some faucet website. Now in 2015 that I became serious with bitcoin, the price was around $300.

And since that day that I have been serious and following cryptocurrency, I noticed that on every Bitcoin halving year, the price of bitcoin always rise in folds. But before, the price of bitcoin would have fallen to more than 3 times the all time high. Which means that if the all time high before the halving is $1000, the price would have called to around $300.

After the price has fallen to such extents, it is a good time for people to invest in bitcoin towards the next halving which will reduce the rewards of miners to half and forcing the price to skyrocket up.

Now that the price of bitcoin is below the current all time high which is $60+ in almost 3 times. It means that anyone that wants to invest in bitcoin can buy it now. Because before the halving will occur, the price will rise back to the all time high. And this will happen soon starting from end of this year to early next year.

Even before the halving happens, you would have gained up to 3 times your investment by then, if you invest now. So after the halving, the price of bitcoin will gradually rise till it reach another all time high and our investment would have increased for those of us that invest.

History keep on repeating itself. Why not invest in bitcoin now and cash out big by next year and be rich.