🧵📚 What exactly is #Bitcoin Halving⚔️

🔹#BTC halving event: Reward for mining new blocks is halved.

🔹Miners receive 50% fewer $BTC.

🔹Halvings occur once every 210k blocks (~ every 4 yrs)

🔹Purpose: To gradually decrease BTC creation, until max supply reaches 21 Mill.

Why is it so important?

🔸Since it limits the supply of new #BTC, so prices rise📊as demand remains strong.

🔸Historically been proven to appreciate #Bitcoin price rapidly after halving event

When next halving?

At the time of writing this, this falls on:

🗓️ 27 Mar 2024

What you should do?

🔹Save money, reduce Real Life expenses & prepare for it

🔹Accumulate legit #CryptoCurrencies before the halving

🔹Best time to accumulate is before the end of 2023

🔹Follow me nostr:npub1v07qpke2ew76cxm27wcz8hd20ktqfgytfnje5w3d2x9yj56yzgjs5c9ccp to know which #Crypto to acquire & when exactly to do that!

#bitcoin #nostr #plebchain #coffeechain #web3 #zaps #bits #hispano #inflation #AI