What investors should do as Bitcoin halving nears

economictimes.indiatimes.com:

crypto universe, Bitcoin’s (BTC) fourth halving event (expected around April 18) stands out as a pivotal moment. It augments the functioning of Bitcoin’s economic model wherein a calibrated reduction in mining rewards leads to a supply crunch. This event, occurring approximately every four years, is not only a procedural milestone but also a change that influences BTC’s scarcity, thereby impacting its value and the broader investment landscape.

It is even more pertinent given the approval of Bitcoin spot ETFs in the US earlier this year. Bitcoin is already in a price discovery mode after breaching $72,000 this week. This is the first time that BTC hit an all-time high even before the halving. This bullish market sentiment can even extend into late next year giving a portfolio boost to all crypto investors.

Investors need to make prudent and informed decisions in such a landscape where strategic foresight is advised over a hunt for quick gains.

Let us understand how to navigate the emerging cryptoverse in the wake of current developments.

Did you Know?

The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.

Na