Interview: Don't focus on the Bitcoin halving, says crypto influencer Aquarius Maximus

There is little you can tell AI & BlockChain expert Aquarius Maximus about Bitcoin that she wouldn’t already know.

A seasoned Bitcoin investor, she has been involved in the cryptocurrency and blockchain community since 2016, is the founder of decentralized cryptocurrency, Guapcoin, and is a crypto influencer to boot.

Invezz sat down with Maximus (formerly known as Tavonia Evans) to find out exactly how the Bitcoin halving will play out this week. 

This Bitcoin halving will be like no other one before

The upcoming halving event, likely to happen on April 19th, has generated worldwide curiosity among investors and crypto enthusiasts about how the price dynamics will play out.

Typically, Maximus notes that a halving makes the news because it creates scarcity and causes supply to go down dramatically. But she says that this one will have another element to consider: the Bitcoin ETFs.

The role of ETFs in Bitcoin halving

Maximus continues:

For this reason, no one knows exactly what is going to happen in this halving – although Maximus can see a few potential options.

Two possible halving scenarios

The first one involves the ETFs ‘selling the news’ of the halving, so to speak:

According to Maximus, this is a great opportunity to see the impact the ETFs will make on the Bitcoin market. If a lot of selling takes place on the side of the ETFs, "I think there may be some anger riled up against the institutional holders of Bitcoin," she says.

Another scenario Maximus sees is closer to the traditional halving route: those new to cryptos being caught up in the hype and buying in droves.

Don't buy or sell the halving news

Aquarius Maximus’ advice for the Bitcoin halving, on the day itself, is unconventional: act as if it’s a normal day and don’t buy or sell any Bitcoin.  

“You definitely don’t want to do anything the day of the halving," she says, adding: "that could be a cause for great regret."

Due to the sheer volatility the Bitcoin price has experienced in the last couple of weeks, she believes most experienced Bitcoin investors will take more of a ‘wait and see’ approach.

"I definitely think we’ll see more activity around the next two to three days following the halving," she concludes.