Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: Bitcoin Hodlers are actively buying bitcoin these days
by
tranthidung
on 15/06/2022, 09:23:53 UTC
⭐ Merited by kryptqnick (2) ,BitcoinHodler (1)
the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
True hodlers will take advantage of bloodbaths to stack more satoshis and Bitcoin for their wallets. It is one of good times to do it. Who knows where will Bitcoin bottom out? DCA in such massacres is a very good investment strategy.

If you want to wait, let's wait for news from FED in coming hours and if the market gives you lower price, take it.

Quote

source of the pic is reddit
The original source is there: https://www.lookintobitcoin.com/charts/wallets-greater-than-1000-btc/ and there https://www.lookintobitcoin.com/charts/wallets-greater-than-100-btc/