Hi, I haven't really looked into bitcoin in the past, but I am trying to understand more and invest in it with a portion of portifolio. I am curious to know what you guys think about the following quesitons:
(1) Since 95% of the bitcoin has been mined, do you think the 4-year cycle for bitcoin still applies?
(2) If the 4 year cycle still applies, do you think the crash potentially at the end of 2025 will be less violent or volatile since we have institutions and ETFs buying bitcoins now?
(3) I understand many encourage to buy and hold bitcoin for long period of time, which I agree is a good strategy. But I don't understand if we know about the 4 year cycle, why don't people take advantage of it and sell high and buy low?
Thanks
Four Year Cycle of Bitcoin in 2025
byu/GraceFromAB inBitcoinBeginners
Posted by GraceFromAB
1 Comment
>Since 95% of the bitcoin has been mined, do you is the 4-year cycle for bitcoin still applies?
The 4 year cycle really never applied even in the past because bull markets where all different . For example some bull markets had 2 bull markets in the same year. At best its a rough metric historically because of the 4 year monetary policy.
Since the effects of the halving have less of an impact with each cycle and now we have institutional adoption the “4 year cycle” is even more useless.
> do you think the crash potentially at the end of 2025 will be less violent or volatile since we have institutions and ETFs buying bitcoins now?
I don’t expect this because of the institutional inflows into ETFs and the fact that besides El Salvador governments haven’t even starting to buy Bitcoin yet, and El Salvador is merely buying a mere 1 BTC a day, where we can soon see much larger adoption . Of course a bear market can occur if there is a black swan event or sentiments completely change towards BTC but this is unlikely IMHO
> if we know about the 4 year cycle, why don’t people take advantage of it and sell high and buy low?
1) past performance is not indicative of future results
2) the 4 year cycle was never really that accurate to begin with
3) Bitcoin is in the early stages of adoption with most people skeptical and wary of it still
Here are the adoption periods :
**Innovators** 0 – 2.5%
**Early Adopters** 2.5% – 16%
**Early Majority** 16% – 50%
**Late Majority** 50% – 84%
**Laggards** 84% – 100%
Right now Bitcoin has a mere 4 % global adoption thus in the very early stages of “Early Adopters”