Post
Topic
Board Economics
Re: "BYE BYE TO BITCOIN?"
by
oHnK
on 27/06/2021, 13:14:16 UTC
indeed in recent months too many FUDs have been scattered and have brought down the price of Bitcoin from its highest peak. However, for me while there's still money to buy more down below I think it's still not that bad for me personally.
I am not saying one should panic and sell their coins but please don't hold them because someone else is holding them. I am a firm believer in Bitcoins and some other solid altcoins but what I mean is, you would never even have a clue when these whales like Saylor will dump their coins because either they will do it so silently that you will not even have a clue or they will do it such rampantly that you won't get a chance to stabilize or match his move.

We really won't get the slightest clue from the whales, but for now instead of selling all the coins and making big losses, it's better to maintainance by buying at a low price to reduce the value of the loss.  As long as there is a positive signal from Saylor.  Even if they sell BTC secretly, it can still be monitored through whales transactions and that is a red signal.