Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
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You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying.
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You can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.
When using "weak hands", I think Ambatman and Cryptoprincess101 should been more specific with the categories of people they were referring to. You're right, not everyone selling a portion should be called a weak hand, but I can't speak for everyone though. I can speak for myself, because I know what I hold, so using that phrase for myself if I happen to sell at this point (which i won't), makes a complete sense.
The truth is, one way or the another, investors will definitely sell out some portions even if it's a 5-10years plan, as long as time still works. And if you read Ambatman's reply further, he emphasized on never making a mistake to sell at loss. He isn't far from the truth, because people with short term plans and impatient tends to find themselves in this position.
And as for institutions buying, well I don't think they also plan on holding forever as well, but I just hope it doesn't get to the extent of scarcity. As long as Bitcoin still remains very much available, even for a new investor, then there is no problem at all.