"What makes this year's boom so remarkable is that it is not being driven by retail investors. "
Hopefully the smart retail investors are already well positioned for this. Who knows though. Plenty of peoplehad the knowledge and opportunity to get involved in bitcoin but few actually did anything and then end up regretting it.
Hopefully the smart retail investors are already well positioned for this. Who knows though. Plenty of peoplehad the knowledge and opportunity to get involved in bitcoin but few actually did anything and then end up regretting it.
That's because the "average joes" are not investors. Everyone who has been into Bitcoin for a while knows about market cycles and that we are ripe for the start of another bull-run soon. But an average person wouldn't even be thinking about crypto at all, until media start reporting on huge price movement, at that point they'd slowly start considering getting into it, just to finally buy when the market gets overheated.
People shouldn't really be putting any money into things they don't understand.
Lets see how how the market takeover by the institutional investors will pan out.
