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?
Everybody has a different target price for selling Bitcoin at different price rates. In the bullish era, many people are willing to sell Bitcoin. And we should not worry about this because it has happened several times. The cycle is there will be always people who are taking profits from trading during the bullish, too. So, the market will not be really as complicated as it is. I know your worries about the amount that people are holding and waiting for the bullish era. If the bullish era comes and many more people are going to sell their Bitcoin, do you feel worried that the price will crash soon because the supply is higher than the demand? It is normal to think like this. But once more, there are not only investors in the Bitcoin market but also traders that are having more activities in the market. Bitcoin traders will always have their time even during the bearish and bullish eras. So, there will be always the demand rising up as long as the bullish era still continuing. But once more, if we want to make any anticipation, it is better to sell our Bitcoin several times, at several targets of the price, and with certain wisdom not to be greedy. What's the community's take on this?
