Post
Topic
Board Bitcoin Discussion
Re: Do not be too happy
by
amihada
on 25/01/2021, 06:58:51 UTC
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
You are right, commercial companies put their money into investing in crypto aimed more at controlling prices, because they are certainly playing with very much money than ordinary people or retail investors. On the plus side, we can feel the increase quickly when they pump bitcoin, but conversely we can also fall very deep when they dump prices.
It is true that they have a lot of capital when they buy bitcoin at a large price, so it is an advantage for those of us who still hold bitcoin, but on the other hand I conclude they can control the digital currency.