Quote from: JayJuanGee on Today at 04:15:39 PM

Quote from: ghandi on February 11, 2021, 02:10:26 PM

With all these big institutions finally onboarding, i get some kind of a sad feeling...maybe we have to say goodbye to -80% bear markets. I would miss them!

Accumulating in these price ranges just doesn't feel the same anymore. A Sat here, a Sat there... Cheesy

Do what you can, and surely a lot of retail is going to be front run by institutional investors in the upcoming times because a lot of retail do not understand the value of bitcoin, so if you are accumulating sats, even at these prices, you are likely ahead of the vast majority of the population.

Don't get me wrong in regards to the fairness of bitcoin as an investment in regards to retail. The truth of the matter remains that retail has had around 10 years or so to front run institutional investors, and ONLY a small portion of the population either recognized such opportunity and/or took advantage of such opportunity. Cannot really blame anyone in this regard in general ways because sometimes regular peeps are just NOT in a position to invest, to study investments or to NOT get mislead by a decent amount of misinformation that ends up discouraging them from researching and/or starting some kind of actual investment strategy, even if quite modest - such as $10 per week or something like that.

From time to time, it can be good to look at where we are at in regards to our $10 per week over the past 7 years.

Yes, we see that we would have invested $3,660 but we would have accumulated nearly 4.5 BTC, so even modest investment plans can play out quite well in terms of establishing a decent stash - but surely the overall point remains that if institutional investors are getting all hot and bothered about BTC right now in terms of accumulating BTC before others can get into the game, then ONLY those regular investors (retail) who are willing to establish a plan and to get in now are going to have some kind of possibility of having decently low costs of BTC accumulation when we are looking 10 years down the road and everyone is figuring out what their BTC cost basis is as compared to the then BTC price.

Don't get me wrong. My first purchase was back in 2011. But i miss the days when buying bitcoin really meant buying a bitcoin. And not just "0.002BTC".

And since i am really bad at trading, my only chance to really gain substantially more was to sell somewhere in the upper bubble territory and just wait 1.5 years. But i'm not that sure anymore, that we will see these bear markets again.