According to a survey conducted in February 2024, investors who held between 21 to 99 percent of their portfolio in crypto were most likely to invest in more Bitcoin in 2024, after Bitcoin halving. Occurring every four years or so, bitcoin halving refers to the reduction of miners' rewards by half, thereby decreasing the supply of new bitcoins. This phenomenon has historically been a catalyst for a rally in the cryptocurrency market.
Bitcoin post-halving investment plans in Singapore as of February 2024, by portfolio size
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Independent Reserve. (March 6, 2024). Bitcoin post-halving investment plans in Singapore as of February 2024, by portfolio size [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1468626/singapore-bitcoin-post-halving-investment-plans-by-portfolio-size/
Independent Reserve. "Bitcoin post-halving investment plans in Singapore as of February 2024, by portfolio size." Chart. March 6, 2024. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1468626/singapore-bitcoin-post-halving-investment-plans-by-portfolio-size/
Independent Reserve. (2024). Bitcoin post-halving investment plans in Singapore as of February 2024, by portfolio size. Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1468626/singapore-bitcoin-post-halving-investment-plans-by-portfolio-size/
Independent Reserve. "Bitcoin Post-halving Investment Plans in Singapore as of February 2024, by Portfolio Size." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1468626/singapore-bitcoin-post-halving-investment-plans-by-portfolio-size/
Independent Reserve, Bitcoin post-halving investment plans in Singapore as of February 2024, by portfolio size Statista, https://www.statista.com/statistics/1468626/singapore-bitcoin-post-halving-investment-plans-by-portfolio-size/ (last visited June 16, 2024)
Bitcoin post-halving investment plans in Singapore as of February 2024, by portfolio size [Graph], Independent Reserve, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1468626/singapore-bitcoin-post-halving-investment-plans-by-portfolio-size/