Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Agbamoni
on 27/08/2023, 15:11:32 UTC
Edited out
No one is above mistake
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[edited out]
I think that I have told a variation of the story that when I first left home  and I was 17/18 years old, and I had a pretty limited cashflow, but I learned right from the start to always attempt to put away at least 10%, and I was not always very good in terms of where I put the 10%
I Can remember vividly. This is why i call you the eldest bro, you had the mindset of investment at an early age of which you were able to save some percent. I wish i had the knowledge at that tender age even if i had save 2 percent i would acccumulate some handful of bitcoin than i had now. This is why they say if your not informed your deformed. Information is key to knowledge
Quote
No one knows who that address belongs to, but we know the purpose is obviously as an investment, or probably a store of value? What whale would accumulate such a high amount of Bitcoin to merely "trade" them.
Isn't the SEC's decision over BlackRock's ETF scheduled next week? I believe it is.
Most of the bitcoin has always been held by a handful of people. It's not surprising if someone has a lot of it. Maybe they're keeping it for a long time after making money, or they're using some for trading and some for just holding onto. It's not like this money is equally helping everyone, as some people believe. This is how things are in the world of crypto, and it'll probably keep going this way as the market values increase.