Remember the dissapointment of the first day with volume of several bitcoins? Well, this escalated quite fast to the levels of the biggest exchanges! And this is still unnoticed among the other 'hot' news about defi and microshares. Defi is having currently around 100 000BTC locked into smart contracts and rising of course. More and more serious investors and companies are accumulating bitcoins causing a shortage on the spot exchanges. Good times are coming and the bears know it! Of course they will fight desperately between 10K and 20K to be able to buy cheap coins as long as possible. But when the ATH is breached, the real FOMO will start. Then the SEC morons like Jay Clayton will realise that invetstors do not need their approval to invest in Bitcoin. The obstacles they've built are not applied for Bitcoin.
Mexican billionaire Ricardo Salinas Pliego just declared 10% of his portfolio is now tied up in bitcoin.
Announced in a tweet on Wednesday, Mexico’s second-wealthiest man responded to questions that “many people” ask him about bitcoin (BTC, +2.20%), saying: “YES. I have 10% of my liquid portfolio invested.”
“Bitcoin protects the citizen from government expropriation,” Pliego added as he recommended “El Patron Bitcoin” – a book that is “the best and most important to understand #Bitcoin.”
Source
https://www.coindesk.com/mexican-billionaire-bitcoin-portfolioThey are coming for your bitcoin, are you willing to concede and waste your treasure below anything less than we can possibly make?
Preserving/increasing wealth is a job in itself that requires skills and dedication, otherwise easy comes easy goes.
That being said, I don't think the average OG Hodler would easily fall into the above mistakes. (quoting bitserve)
Hold