Bitcoin halving isn't a 'magical event' for investors, financial consultant says

Over the weekend, bitcoin (BTC-USD) went through its halving event, which is where the reward for mining bitcoin is reduced by half once every four years. With the event came rising optimism in the cryptocurrency space from mining operators, but did it bring new opportunities for those looking to invest in the digital asset?
401 Financial Principal & Founder Tyrone Ross joins Wealth! to give insight into the crypto market and what investors should consider before buying into bitcoin.
Ross offers this advice:
"The halving shouldn't change anything there. It's literally written in the code... it's just going to continue. It's not this special thing or magical event that makes bitcoin any more or less compelling to invest. If you loved it two or three years ago, you should think about loving it now and continuing to learn. With that said, folks that are thinking about getting in, the halving is something that you should learn about and realize... the decrease in supply.. .But some of the other dynamics that are out there with the bitcoin ETFs, the price of running up into an all-time high before this halving, which is the first time this happened. Things like that I think are interesting to learn. And if it would still make sense for you from a long-term time horizon it would make sense to buy then, but not a second before."
Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

[@chinyerejoseph8004]

This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!

[@AlexJason-dl5bz]

Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Adriana catherine
....

[@user-fn1kg6tx9l]

I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading

[@chinyerejoseph8004]

Please educate me, i'm willing to make consultations to improve my situation,

[@AlexJason-dl5bz]

She's recognized as 'Mrs adriana. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@Officejohn-lp6zp]

Yeah, 123k from catherine adriana. , looking up to acquire a new House, blessings
...

[@LindaAnderson-bd5vj]

About Crypto. Can I safely invest four fifty thousand dollars and be sure of making a large profit to enjoy my retirement? I watch these videos but still don't know where to start. Please any recommendation based on experience on whom i should contact?

[@KarenMalcolm915]

Just simply Research Nick Dranchak. you will see his website.

[@DeanWhite-ng5hb]

I now understand why Warren Buffett and Peter Lynch spoke highly of Nick Dranchak. He's got professional trading skills.

[@LindaAnderson-bd5vj]

These comments about NICK sure makes him the real deal. I just researched his name and saw his website.