Do you think Institutions secretly HODL Bitcoin? - page 10.

deisik

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Quote from: TheUltraElite on March 19, 2019, 08:07:44 AM

Quote from: deisik on March 13, 2019, 12:20:11 PM

I wouldn't overestimate fundamentals and indicators

They are neither to be overestimated or underestimated. They are indicators. They are not confirmatory signals

People still make decisions based on these indicators (fundamentals included), so you can't possibly deny their impact. Actually, without them, it would be gambling. This is not to say that with them it is much different from gambling (for the masses) but you get the point (at least I hope so)

Quote from: TheUltraElite on March 19, 2019, 08:07:44 AM

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If I remember correctly, there was a research into such matters which revealed that if you just held shares of the top companies for a couple decades, you would outperform most investment funds out there. Indeed, things are different with crypto,

One could point out bitcoin in this regard, outperforming all other coins in 2017. Fact is not everyone is decisive enough to sell at that point and cash out a profit and then wait for the market to drop. Wink

I'm not sure if Bitcoin was actually outperforming other coins (for instance, Bitcoin had been an underdog to Litecoin exactly in 2017), but if your point comes down to holding crypto, then I technically agree with you. Whether the crypto market is going to follow the stock market on a long enough timeframe, we have yet to see (I mean if simple holding is going to outperform trading for the majority of traders)

shesheboy

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Quote from: TelolettOm on March 21, 2019, 02:06:37 AM

Cryptocurrency market itself are also quite large and it is not impossible that only individuals do it

Institutions are mainly compose of individual so its really the individuals that make or break the price of cryptos . if a number of people are formed or work together, thats what institutions are born therfor its also possible for institutions to hodl and invest on bitcoin and other cryptos .

Quote from: mangsitin on March 20, 2019, 06:51:13 PM

Yes, I think the government is a person who is always at the forefront of everything, so maybe the government itself has digital assets that it holds for the future,

Governments are already rich so what is the point of investing on cryptos ? And besides , they are always busy on their job . they also hated crypto due to the dex feature of cryptos which they cant control like what they did on fiats

Tungsten-1

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Quote from: horrifiedx1 on March 21, 2019, 02:03:58 AM

Quote from: mangsitin on March 20, 2019, 06:51:13 PM

Yes, I think the government is a person who is always at the forefront of everything, so maybe the government itself has digital assets that it holds for the future, because Bitcoin has exceeded a very high price, so anyone wants history to repeat itself .

of course that happens to the country that has legalized it. by holding a lot of bitcoin, then one day they will become a prosperous country, if all countries have allowed bitcoin in their respective countries

As you said it is their own benefit when country accepts or adopts bitcoin because bitcoin gives good economical state to some institution and country. It makes the community stronger and gives monthly profit as well so yes there are some institutions who are using bitcoin as payment for salary and some are using it for money sending procedure.

TelolettOm

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it is very possible if there are institutions or companies that quietly invest on a large scale in the cryptocurrency market, transactions in the cryptocurrency
market itself are also quite large and it is not impossible that only individuals do it

horrifiedx1

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Quote from: mangsitin on March 20, 2019, 06:51:13 PM

Yes, I think the government is a person who is always at the forefront of everything, so maybe the government itself has digital assets that it holds for the future, because Bitcoin has exceeded a very high price, so anyone wants history to repeat itself .

of course that happens to the country that has legalized it. by holding a lot of bitcoin, then one day they will become a prosperous country, if all countries have allowed bitcoin in their respective countries

mangsitin

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Yes, I think the government is a person who is always at the forefront of everything, so maybe the government itself has digital assets that it holds for the future, because Bitcoin has exceeded a very high price, so anyone wants history to repeat itself .

DAVETUN

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Bitcoin is the currency of this age

Yes several institutions known as whale, who understand the BTC platform and opportunity that exist, are confidently taking the risk, while the bearish price trend last it has being observed that several individual have being HODL BTC without selling it off and waiting for when Government globally will adopt BTC, then they can be sure BTC will become a legal currency.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: deisik on March 13, 2019, 12:20:11 PM

I wouldn't overestimate fundamentals and indicators

They are neither to be overestimated or underestimated. They are indicators. They are not confirmatory signals.

Quote

If I remember correctly, there was a research into such matters which revealed that if you just held shares of the top companies for a couple decades, you would outperform most investment funds out there. Indeed, things are different with crypto,

One could point out bitcoin in this regard, outperforming all other coins in 2017. Fact is not everyone is decisive enough to sell at that point and cash out a profit and then wait for the market to drop. Wink

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but technically, if you had simply followed the trend all these years, both up and down, you would have earned quite handsome profits by now.

True, but catching the trend at the proper time is important which most people again, miss.

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But to follow the trend you don't need to know any fundamentals or learn a lot of technical indicators. In fact, the trend is easily seen with a naked eye without using any indicators at all

Trend can be understood from social media buzz as well. Indicators are not going to point out trends always. There may be transient pump and dump but not necessarily a trend to be set. How the market is going to move after a trend is again better explained by indicators and past price analysis.

DeadCoin

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Not only the institution, even organizations, private sectors and many more big industries heads do hold bitcoin. This is not even wrong to have when you and me have. I feel its really a good sign when such institutions has bitcoin with it by more investments. The market keeps growing and we need it.

Ucy

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They most likely never did it in the past due to their criticism of Bitcoin. It is possible that they started accumulating recently.

Crypto community also wants decentralization, censorship resistance and not just anonymity

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Quote from: Ispep on March 14, 2019, 09:23:09 AM

If course institutions and even top government officials are acquiring bitcoins, there are no restrictions against doing that, neither is there any compulsory law that it must be made public.
Most individuals choose to stay low-key and anonymous, I think there are many celebrities into this network, but because if fame, they stay under the radar.

I think when governments from various countries in the world can accept bitcoin and there is no limit to having or using bitcoin and bitcoin can be legalized its use will give effect to bitcoin price movements because it will be increasingly difficult to get bitcoin.

BitBustah

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Institutions have been buying up btc while they have been telling others to sell. Its all part of their game to deceive people so they cal pull in maximum profits. You can't believe what you hear on mainstream media, its almost always best to buy when they are telling you to sell.

Ispep

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If course institutions and even top government officials are acquiring bitcoins, there are no restrictions against doing that, neither is there any compulsory law that it must be made public.
Most individuals choose to stay low-key and anonymous, I think there are many celebrities into this network, but because if fame, they stay under the radar.

Gaff

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Quote from: onrise on March 14, 2019, 07:39:20 AM

Quote from: gowobonyok on March 14, 2019, 03:37:19 AM

There must be one party who hodl bitcoin in large numbers to keep the bitcoin market cap from falling too deep. even though prices have fallen, at least the market cap can continue to be stable.

I think during the fall their would be some institutional players who would be buying and keeping it for short or long term . Might be at times their would be scenarios where in order to buy in bulk market is being crashed so that players can buy at cheap rates .

Indeed, that's one of the strategy of whales who happen to play that way in order to have the opportunity of buying while coins has very small or dumped price. This usually happens during bearish season, and I never wonder why this really experienced fluctuating and unpredictable market. However keeping every coins for longer terms is having an assurance of gaining higher profits in the next price bulls. We can't expect it to be fast, but from time to time as days went over that will be fulfilled soon.

onrise

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Quote from: gowobonyok on March 14, 2019, 03:37:19 AM

There must be one party who hodl bitcoin in large numbers to keep the bitcoin market cap from falling too deep. even though prices have fallen, at least the market cap can continue to be stable.

I think during the fall their would be some institutional players who would be buying and keeping it for short or long term . Might be at times their would be scenarios where in order to buy in bulk market is being crashed so that players can buy at cheap rates .

incomefromcoins

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in this twitter account, we can see https://twitter.com/whale_alert?lang=en how much an financial institutions are holding every day buying thousands of bitcoins

gowobonyok

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There must be one party who hodl bitcoin in large numbers to keep the bitcoin market cap from falling too deep. even though prices have fallen, at least the market cap can continue to be stable.

BUK2016

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If you say private institutions then I will say yes, but am not sure of government institution and if any private institution hold Bitcoin they may decide not to make it public if at all they hold Bitcoin or how much crypto currency they are holding just like as individuals will not disclose his or her bank balance.

deisik

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Quote from: TheUltraElite on March 12, 2019, 08:19:13 AM

"Best" would be a wrong term to use in a speculative market where majority of traders dont even know about fundamentals and how to analyse indicators. What we have here is mostly get-rich-quick wannabes who get fed on by whales when they start moving the market. But it is a "good" opportunity for those who are the observant and decisive ones

I wouldn't overestimate fundamentals and indicators

If I remember correctly, there was a research into such matters which revealed that if you just held shares of the top companies for a couple decades, you would outperform most investment funds out there. Indeed, things are different with crypto, but technically, if you had simply followed the trend all these years, both up and down, you would have earned quite handsome profits by now. But to follow the trend you don't need to know any fundamentals or learn a lot of technical indicators. In fact, the trend is easily seen with a naked eye without using any indicators at all

avarnet

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Quote from: zidanw on March 09, 2019, 08:39:19 AM

The name bitcoin is already quite a lot of people know and very many are talking about. It's no secret to me if someone invests in a large value on cryptocurrency. and that's the thing that really happens now to be able to play market prices

therefore, with many who adopt bitcoin in silence it will make the price increase or decrease because it can be played on the crypto market

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