Why are there only 21 million bitcoins?
The first three halvings took place in 2012, 2016, and 2020, reducing the block reward to 25, 12.5, and 6.25 bitcoins, respectively.
Bitcoin adjusts mining difficulty every 2,016 blocks to keep the average block time at around 10 minutes.
The most important thing to keep in mind when managing your position: be skeptical of claims that halvings cause prices to rise. There are few historical examples, and many other factors affect the market.
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