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My fellow plebs, it's very important that to those who are left among us to keep HODLing Bitcoin. Retail HODLers have been going down and it's going negative week on week, month on month, then later - YEAR ON YEAR. The institutions have definitely come and will be willing to take your Bitcoin away from you at ANY price. MAKE IT EXPENSIVE FOR THEM -
HODL.
Holding and continuing to buy is likely a much better way forward in order to continue to reinforce the ongoing accumulation of bitcoin, especially no low coiners who are in their first cycle or two of BTC accumulation.
What are your shower thoughts for that graph, JJG? Retail accumulated a lot of coins and had higher combined holdings of Bitcoin from July, 2022 through Jaunary, 2024, then the institutions started accumulating and now have more holdings than the retail/pleb investors.
Will that institutional buying surge continue, or will we see another surge for retail buyers during the next cycle?
Your interpretation seems reasonable in terms of institutions seem to be coming into bitcoin BIGGEDLY in recent times, and surely each of us who knows about bitcoin likely needs to continue to accumulate bitcoin to the best of our abilities since we do not know the future and bitcoin prices could continue to go up and then if we wait until later, we may well have to pay more to get bitcoin. Accordingly, BIGGER players seem to be coming in and sucking up the bitcoin supply which seems to continue to cause upward pressures on the BTC prices.
We should always be trying to protect ourselves, which I have frequently attributed that to needs to be ongoingly persistently, consistently and perhaps even aggressively buying of bitcoin, whether the graph supports it or not.
I think a road that leads to success isn’t always narrow there would always be up and down, Bitcoin is a very important asset in the market now, that is unpredictable like we always thought, For those of us who are no coiner or a plebs who are interested in buying bitcoin should start buying and investing now, for those of us that have been investing continue buying and keep accumulating on a consistent basis, Its better for us to continue buying now instead of waiting because we might buy in a higher price in the next hours because Bitcoin is volatile and we don’t know what would be happening because of this bigger institution coming into bitcoin would definitely make the price of bitcoin always surge faster, like it’s always said it’s better to make haste while there is time, anyways I believe no time is too late and the time is now to accumulation and hodl more bitcoin and stack them up.