Post
Topic
Board Speculation
Re: How many bears did that just kill?
by
DoublerHunter
on 02/02/2021, 11:51:09 UTC
~snip~
So, basically we are on the right path, we are doing a lot better, sure we still have those weak hands we had in 2018 but this time around we have super rich people buying and holding, would it be a huge crash if those people end up selling? Yes but it would be even better afterwards for the purge, until something like that happens we are doing a lot better nowadays.
^ Definitely right, they are those institutions who invested a lot in BTC because they believe that you will potentially gain profit if you are waiting the right time to sell, and others adopted BTC because there are few merchants online who accepted BTC as payment. We expect more bears to kill if most of us are clever to hold our BTC and the basic law of BTC price determines by the demand and the supply. Nevertheless, those weak hands are always a loser and did not know the flow of BTC how to gain profit.