Topic: Big money bad for bitcoin in the long run - page 3. (Read 693 times)
any risk-on assets including traditional blue chip stocks always has its whales so it is very naive to think that bitcoin or any other risk asset you can think of won't have any whales. if this bothers you then dont invest in risk assets stick with something safer like bonds or treasuries.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
Personally I don't think the world is actually ready for the moon that's coming.
Wen crypto for Apple Pay? Mass Adoption central right there.
In fact, this can be called business competition in investment, but this competition is healthy competition, between people who have a lot of money and people who have little money. but in my opinion in this case there is no need to discuss in depth because the most important thing is that we have to have a strategy in investing in order to continue to benefit. So in my opinion, in investing in bitcoin, we compete with strategies and people who are smart will definitely win, because rich people also lose their strategy, they will definitely experience losses, even the losses will be even greater.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
There's no way to stopping this behavior, it will continue to happen. But that's fine.
It's part of how Bitcoin price moves, lots of noise in the short term, but a clear signal that over time it continues to go up in value, slowly but surely.
In my opinion, it is the best thing to do with big money coming in, because with big money coming in it will provide the maximum profit for people who buy at the lowest price, so having big money coming in will give a good pump.
and that investment is for all people, namely for the poor as well as the rich. and those who make the mistake are people who don't want to buy when the price drops.
and that investment is for all people, namely for the poor as well as the rich. and those who make the mistake are people who don't want to buy when the price drops.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise, this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
Altcoins are more or less a gamble and anyone injecting huge capital into any of the hyped coins should be ready to cut edge as quickly as possible and more securely to cash out when the hype is at its highest with high market predictions and anticipations because the whales will definitely take them unaware and dump at the point the price is most exciting and everyone counting their gains and expecting more to come based on the false hopes and fake and sustainable market volume of that shitcoins. What's the community's take on this?
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
A friend of me told me that thing as well as time passes by new projects become like a modern pyramid scams, we can take example to those nft p2e who runs last 2021, it gives many people hope and people who doesn't know crypto tend to be proud that they knew all things in crypto just only because they are going with the flow of the hype, when many p2e turns into scam and turns into a failed project only recruiting and referral money can save their day because it is no longer sustainable, I just hope they really understand this technology. What's the community's take on this?
There is ongoing debate in the cryptocurrency community about whether or not large amounts of money flowing into Bitcoin and other cryptocurrencies is good or bad for the long-term success of these currencies.
On one hand, large amounts of money can provide liquidity and stability to the market, making it easier for individuals and organizations to buy and sell Bitcoin. This can also lead to increased adoption and mainstream acceptance of the cryptocurrency.
On the other hand, some argue that large amounts of money can lead to market manipulation and volatility, making it more difficult for individual investors to participate in the market. Additionally, as big players may have different motivations and could be subject to different regulations, it could lead to increased scrutiny and regulatory pressure on the cryptocurrency market.
It's important to note that the cryptocurrency market is still relatively new and uncertain, and it is difficult to predict how it will evolve in the future. It's always important to do your own research and consult with financial professionals before investing in any cryptocurrency.
On one hand, large amounts of money can provide liquidity and stability to the market, making it easier for individuals and organizations to buy and sell Bitcoin. This can also lead to increased adoption and mainstream acceptance of the cryptocurrency.
On the other hand, some argue that large amounts of money can lead to market manipulation and volatility, making it more difficult for individual investors to participate in the market. Additionally, as big players may have different motivations and could be subject to different regulations, it could lead to increased scrutiny and regulatory pressure on the cryptocurrency market.
It's important to note that the cryptocurrency market is still relatively new and uncertain, and it is difficult to predict how it will evolve in the future. It's always important to do your own research and consult with financial professionals before investing in any cryptocurrency.
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markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money,
What's the community's take on this?
What's the community's take on this?
Big money is not good for Bitcoin! How?? OP, how much will you refer to as "big money" into Bitcoin?
I realize that some people get greedy in times of investment because of the profit they expect to get from it, but what you must know is that what seems like a lot of money to Mr. A is just the money Mr. B will use to change his wardrobe 👺.
I can agree that some people may invest a huge amount so that they can take an early profit from the market volatility, but when the market turns red, they begin to regret and blame themselves or someone that had their support, but some other people may not feel any regret even if the market falls, not because they didn't put in a huge amount of money, but because they never got greedy enough to invest everything they had into Bitcoin and because they had good financial management skills.
To crown it all, 0.5 bitcoin is a lot of money for someone, but 2 bitcoin is not a lot of money for another person. 5 bitcoin is a lot of money for someone, but 20 bitcoin is something less for another person.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come.
It is not guaranteed that buying cheap coins can get profits as expected even though each coin follows the Bitcoin trend. Coins such as Ethereum and BNB may still be able to pin their hopes. From various experiences while being active in the crypto space, I think that having a large amount of money is always better if it is focused on buying Bitcoin which is safer as an investment than other coins. As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
This is why it is crucial to invest in Bitcoin especially when the market has dipped during the severe bear market but some people still don't seem to understand this, they will only want to invest when the market has reversed but I can't really say this is were the market is now. That said, Bitcoin has turned into more of an Investment asset hence the volatility is appreciated but as I said, you can only see gains to this if you invested early regardless of Big money. What's the community's take on this?
What's the community's take on this?
I agree with you that without the big money in the crypto world the prices would be much more stable and be more attractive for people looking for a save way to store money. The last big bitcoin rally showed us how fast and high the prices could rise when there are a big investors like Elon Musk trying to influence the bitcoin market. To a certain extent it is good to get the publicity for the crypto community, as we still need more people to get involved with it. By now everybody has earned of bitcoins and so many more companies are willing to accept bitcoin as a form of payment. The problem is of course that we can't deny anybody access to bitcoins and other crypto currencies. If some rich investors want to diversify their portfolio with cryptos than there isn't much we can do about it. Same goes for the traders who are only looking for a short term profit, they will buy what ever project that seems the most profitable to them.
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As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
First do not think that bitcoin is a pyramid scheme. And if you think that way, you can buy at the bottom and be the one who will take the profit when the prices are high.
I too agree that bitcoin volatility should be decreased but for that to happen, bitcoin needs to be divided among more people. As bitcoin adoption will increase, they will help to decrease the bitcoin price volatility.
In contrast, I like the volatility of bitcoin, I think that the more volatile bitcoin becomes, the more profit I will be able to make. I know that Satoshi's goal is to create a currency, not an investment, but I think bitcoin is more suited as an asset, an investment, than a currency. I also believe most people are here for the volatility and returns bitcoin brings, not the technology. It would be tasteless if bitcoin became as stable as gold or other traditional assets.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
Unfortunately for now dumping is normally happen but I don't really think the scenario where all of whales will dump at the same time together. For sure other whales will catch those dumps and earn on next high if other will dump it. We shouldn't worry about those situation since to many times bitcoin prove a good run. The only thing need to be taken care or worth to give some attention is Bitcoin reaching its all time high and it dumps which also go to long bearish situation since this could avoid us from losses and can possibly give us profits.
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In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
If whales take profit, it's their right, we can't stop them. Besides, that is also the reason why we're investing isn't it? To profit. Because investing in Bitcoin is not only limited to average joe. If you can invest huge amount of money and willing to risk it then that depends on you.Moreover every market situation is an opportunity for us to take advantage, you just need to timing the market for your own benefit. Big money is not bad since it can influence the price to move upward/downward, and that's the nature of investing in Bitcoin so be used to it, a high volatile speculative asset.
According to me it depends on individual's own desire for long term investment requires durability, the longer the durability the longer it will wait. Better to invest in bitcoins here the chances of major losses are low bitcoin's fundamental background is still positive for now and we are counting on it. Interestingly, this situation can have a domino effect that will rise above bitcoin no matter how bad the situation is now we can expect bigger results.
Of course, in this case, people's opinions will differ.
In my opinion, in this case, mental strength is needed, in fact, if you want to
invest in bitcoin, don't be afraid as long as we are mentally strong, because the more capital invested in bitcoin, the greater the profit that. so before investing in bitcoin you have to be mentally strong first. and be prepared to take risks.
so in my opinion if investing in bitcoin and for the long term, I think it will be safe, because bitcoin is not an altcoin.
in my opinion don't think too much about WHALE, because the one who will win is the one who can withstand it.
Of course everyone has different opinions, some say using big money to invest in bitcoin in the long term is a big loss, because for most people who don't believe in bitcoin they think bitcoin and other cryptocurrencies are not investments but they value all it is speculation, even some people prefer stock investment, because they consider stocks to be the most profitable asset class, in aggregate and in the long term more than property, but whatever the reason people think I personally am more interested in using my big money to invest in bitcoin long term, because I've seen long-term statistics that are definitely very profitable, I myself have felt and enjoyed the results of the long-term investments that I invested 3 years ago, the important thing in making long-term investments is not to be too emotional, In my opinion, in this case, mental strength is needed, in fact, if you want to
invest in bitcoin, don't be afraid as long as we are mentally strong, because the more capital invested in bitcoin, the greater the profit that. so before investing in bitcoin you have to be mentally strong first. and be prepared to take risks.
so in my opinion if investing in bitcoin and for the long term, I think it will be safe, because bitcoin is not an altcoin.
in my opinion don't think too much about WHALE, because the one who will win is the one who can withstand it.
In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
If whales take profit, it's their right, we can't stop them. Besides, that is also the reason why we're investing isn't it? To profit. Because investing in Bitcoin is not only limited to average joe. If you can invest huge amount of money and willing to risk it then that depends on you.Moreover every market situation is an opportunity for us to take advantage, you just need to timing the market for your own benefit. Big money is not bad since it can influence the price to move upward/downward, and that's the nature of investing in Bitcoin so be used to it, a high volatile speculative asset.
Well, you decide whether it's bad for bitcoin when Elon Musk did sell off all of his BTC during the bull run but switched to altcoins. It did manage to make a huge drop of the price but it still manage to recover somehow. If all of these people like Elon Musk/Whales do the same method it will somehow drop the price but that's it with basic knowledge of economics you will surely know that they won't get the same amount on every BTC they have.
Bitcoin price will drop everytime when there's a buyout but I wonder who would take the loss when the price hit the ATH.
That is a good example of big money and its impact in bitcoin market. As we can see, on short term on that currently moment it was revolting and shocking the fact Elon Musk attempted to manipulate the market and consequently lead it to a crash. But thinking about that now, it doesn't impact investors anymore, because the storm can't last forever. Bitcoin has recovered a little bit already and we are in another stage at this time.Bitcoin price will drop everytime when there's a buyout but I wonder who would take the loss when the price hit the ATH.
So, there is not reason to fear big money coming in. Its impact will be always on short term only. Investors who aim holding for years won't be affected in anyway by big players' schemes and manipulative strategies.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
First do not think that bitcoin is a pyramid scheme. And if you think that way, you can buy at the bottom and be the one who will take the profit when the prices are high.
I too agree that bitcoin volatility should be decreased but for that to happen, bitcoin needs to be divided among more people. As bitcoin adoption will increase, they will help to decrease the bitcoin price volatility.
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