Bitcoin Halving 2020: Explanation & Price Prediction
Whether you believe Bitcoin is worth owning, I definitely think that it should be at least a small part of your over portfolio as a speculative asset.
In this video we are going to break down the following to give you a better understanding of the 2020 Bitcoin Halving along with some price predictions.
1. Bitcoin Blockchain
2. Bitcoin Mining
3. Bitcoin Supply
4. What is Halving?
5. Why does it occur?
6. Bitcoin Price Predictions post-halving
The reason the Bitcoin halving is such a popular topic is because the number of Bitcoin that miners are rewarded with are essentially getting cut by 50%. So instead of earning 12.5BTC per block, they will be earning 6.25BTC.
This is essentially designed to prevent inflation.
This is a huge event and could lead to an enormous increase in the price of Bitcoin…AFTER a price decline.
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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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