Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

My Top Cryptocurrency to Buy in May

TheMotleyFool

0 0

My Top Cryptocurrency to Buy in May: https://g.foolcdn.com/editorial/images/730607/bear-vs-bull-market.jpg

Bitcoin's (CRYPTO: BTC) halving events, which occurs roughly every four years, are among the most anticipated inflection points in the cryptocurrency industry. Due to dynamics revolving around supply and demand, Bitcoin has historically gone on impressive runs when the next halving is about a year away.

So with the next halving likely to happen sometime in April or May 2024, we are officially right at the point when Bitcoin's supply increase changes. This possibly makes this May a great time to buy Bitcoin and hold for the long haul.

Image source: Getty Images.

Source Fool.com

Like: 0

BTC

Share