Post
Topic
Board Bitcoin Discussion
Re: Who is the ultimate winner of Bitcoin pump?
by
Emitdama
on 26/01/2021, 08:16:24 UTC
If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?
The more money you invest, the more profit you’re going to be taking when the price is up. So I would still say that institutions are making the most profit, although you have said that they haven’t sold their coins, well yes they have not sold their coins but they still have the most profit especially those of them that bought huge amounts before the price got seriously bullish, I know very well that some of them have invested before $20,000. The price has reached 40,000 USD before dropping and it’s now at 35k, so these people still have the most profit.