As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
I see your point and I also have the same idea before that those who are pumping or investing a huge amount while the price is low would pull out when the price gets high,
But I found out that it doesn't really matter if they suddenly decides to pull out as long as there are people who are also eager to buy in on the time that those whale decides to sell.
The market would bleed if mahority of the investor's decide the same thing or they follow that wave but what if they counter it and instead of selling people would buy in?