After the halving, patiently hold BTC and wait for the market to come
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Market changes after halving
This halving is similar to 2016, and it lies in the consensus of expectations. The term "halving market" was born in the second halving, and people began to look forward to the skyrocketing and bull market after the halving. But this time the market is not as blind as the second halving. Whether it is a miner group or a currency practitioner, they know how to use financial tools for risk hedging, and do a good job of risk management while looking forward to the bull market. Miners even use mortgage loans and other methods to obtain liquidity, mine and hoard coins, and look forward to the arrival of the market.
Halving has the most obvious impact on the mining industry, such as the reduction and price reduction of mining machines; the reshuffle of the mining industry; the decline in the computing power of the entire network, etc.
Mining machine manufacturers have aggressively discounted and sold mining machines. The lower the computing power, the greater the discount. New mining machines with high computing power, low power consumption, and good performance may also face the same problem.
For the mining pool, the income mainly comes from mining fees. After the block reward is halved, the number of miners decreases, and the income of the mining pool also decreases.
Although the halving cannot trigger a large-scale "mining disaster", mining machines, difficulty, currency prices, etc. may affect mining. Although the extent of the impact is uncertain, miners’ mining is more about balancing the current income and possible future risks, and then making the most suitable choice.
After the halving, the computing power of BTC's entire network has declined. Some mining machines were forced to shut down, and some miners switched to mining BCH or BSV. In fact, if the currency price rises after the halving, the miners' income will increase, prompting more miners to mine BCH or BSV. In the field, or the iteration of the mining machine, the computing power may reverse and rise again after a short-term decline.
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In the face of halving, investors and miners' coping strategies
Judging from the current market environment, the price fluctuates at a high level and gradually rises, which actually brings great encouragement to investors. Therefore, investors are advised to hold BTC patiently. Everyone is disappointed.
For miners, make good use of the upcoming wet season. The wet season in most parts of the country is from May to October. During the wet season, electricity costs will drop by about 40%, which will largely offset the impact of halving and ease the pressure on miners. With enough time, let the market slowly reach equilibrium. Miners seize the opportunity of the high water season to mine and stockpile coins, use mortgage loans to solve the need for capital turnover, and use financial instruments for risk hedging. It is actually only a matter of time before the market changes after halving.
Whether you are an investor or a miner, when investing in BTC and mining, you must do a good job in asset risk control. The currency circle is changing rapidly. When you cannot clearly judge the market, you should learn to wait patiently.
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Mining is the best destination for speculators
Recently, some people in the industry said that many coin speculators are now ready to buy mining machines and start mining, which verifies a phenomenon that "mining is the best destination for every coin speculator". This is also the conclusion drawn by many old leeks after paying expensive tuition fees. Therefore, in the next few years, we are more optimistic about industries that revolve around mining, such as mines, mining pools, mining machine manufacturers, and mining financial services.
Generally, there will be a bull market about one year after the halving. Before the bull market comes, miners need to upgrade equipment, optimize arrangements, make better use of favorable resources, and enrich their own investment and risk control knowledge. This year's halving will meet the abundant water, and miners will maximize their mining income.
