Let's see if those of you who sold out of panic when the price went down to $80K or sold for profits because the price went up $10 learn this lesson. The institutions have it clear. There are more and more of them and many more are going to buy bitcoin in the future. And they will not sell for many years, some may never sell bitcoin and simply borrow against it as many already do or take yields in some other way.
Thanks for the reminding, but for some of us who have been in the game for long or at least have experience once cycle really knows, that panic selling is not a thing to do and should be avoided at all cost.
Although I understand that first time or newbies will have this kind of mentality to sell when the price is going down because they see that they are losing money. So it's about normal, but then again, it's a expensive lessons to learn.
If you sell now in a few years don't complain that institutions have hoarded bitcoin, and that it's unfair and capitalism and such.
Just HODL.
Specially that the supply of Bitcoin is dwindling every 4 years and we might hit 99% of almost all Bitcoin might have been mine in the last couple of halvings. So it's going to be very hard to get and accumulate it. So as early as today, and again, looking long term, it's better to just be a long term HODLer.