Three Ways to Prepare for Bitcoin’s Halving

Your easy crypto guide

People make a big deal about bitcoin's halving.

The phenomenon occurs approximately every four years, reducing the number of new bitcoins that go to miners. 

Experts will tell you the bull market starts after the halving. 

That's never true, but you get their point. The market tends to accelerate within a few months after each halving event. 

How do you put yourself in the best position to take advantage of the upswing that always comes after the halving? Will you stick with altcoins? Is it too late if you’re sidelined? Should you put money in before the halving or wait until after?

Let’s explore, in three parts:

  • Find the right frame of mind

  • Set your tech NOW

  • Look beyond Ethereum-based tokens

We’ll talk about wallets, exchanges, and opportunities that go beyond anything your favorite influencers are talking about.

Find the right frame of mind

What did bitcoin's price do after each of the three previous halving events?

Not much.

In 2012, bitcoin’s price languished for more than a month. In 2016, its price dropped and it took four months to get back to even. In 2020, its price stayed flat for two months.

See for yourself:

Don't be surprised if we get a similar outcome this time.

As such, you don’t need to rush into any decisions just because the halving’s coming. 

But you do need to prepare—and soon, because time moves fast in crypto. Once the post-halving lull ends, things pick up fast. A month’s worth of price action can happen in a day. A year’s worth of activity can happen in a month.

(Don't take that literally.)

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