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DOGE $0.0791 -2.30%
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AAVE $147.47 -2.98%
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GOOGL $324.72 -2.35%
MSFT $519.20 -2.15%
META $646.02 -9.11%
NVDA $213.67 -2.47%
TSLA $375.11 +0.82%
SNDK $1,255.77 -6.43%
INTC $86.15 -4.38%
SPCX $147.28 -5.87%
MU $860.53 -3.93%
AMD $512.79 -4.81%

Binance CEO Richard Teng: With only three months until the Bitcoin halving, it's important to focus on the long term

2024-07-19 17:53:20

ChainCatcher news, Binance CEO Richard Teng posted on the X platform stating that the market is cyclical, and experiencing ups and downs is not uncommon. It is very important to focus on the long term when making investment decisions. Here’s a reminder that it has only been 3 months since the most recent Bitcoin halving. This is not financial advice, DYOR. At the end of the article, there is an image showing the Bitcoin price increase 6 to 12 months after each halving, including a 7043% increase one year after the 2012 halving, a 289% increase one year after the 2016 halving, and a 559% increase one year after the 2020 halving.

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