Post
Topic
Board Bitcoin Discussion
Re: Retirement Funds Starting to Buy Bitcoins Nasdaq Say
by
AmoreJaz
on 27/03/2021, 21:54:46 UTC
This is awesome and scary at the same time. A lot of huge companies are already trying to get a piece of the pie on large increments. Should there ever be a huge crash, we all know that these entities aren't as die-hard as most of us here, and would surely cut losses that'll send bitcoin into an even deeper pit.

Perhaps this is one of the chapters wherein bitcoin is really getting big and companies can no longer ignore bitcoin, and this is also that chapter wherein bitcoin is very fragile IMO.

you have a point on that. since these companies are concerned about their financial conditions, they will have no qualms selling it when the right time for them comes. though it is good for the crypto community as they may drive more adoption as people will see that more and more big institutions are joining the crypto community. however, those people who are putting their hard-earned money whether savings or for retirement, should really think of possible repercussions of their decision. they need to present themselves the worst case scenario  here . or plan contingencies that would be their backup plan when things go sideways.