Post
Topic
Board Bitcoin Discussion
Re: Who are buying all these bitcoin
by
NeuroticFish
on 28/12/2020, 17:20:14 UTC
I am concern about who are buying the coins, where will all these coins will go eventually.

Most probably into some fat wallets of institutional investors...sooner or later.
There's a possibility they'll stay for a while in the wallets of OTC / intermediaries the institutional investors use.

Like me there are bitcoiners who are cashing out more or less. 2017 gave us some lesson.

2017 gave a lesson, but actually two: one was that it's wise to cash out now and then if you need to. Another one came now, telling that even if you didn't cash out, if you had the patience to wait you are still not at a loss.
However, I envy you, including the fact you have the .. strength to cash out when the bull run may have just started.