Who are the institutional investors buying crypto now? Is anyone here have a visibility which wallets they own?
Why is everyone saying this always - bank and institutions are buying crypto NOW since the price is low? Can anyone support this claim?Accept the fact the the bear market or crypto winter may last long and don't peg your hopes on "institutional investors or financial institutions" that will reverse the market and start the bull run.
The only time I'll believe that the market has reversed is that when I see
a 20%+ gain in the market cap.
Same as everyone, I want to see another bull run BUT I am not a dreamer.
Don't be a dreamer, accept the facts and be a realist.... Wake up!
The sooner you wake up, the sooner you'll be able to make proactive choices and better decisions. I think institutional investors would not come out publicly and say, we are xxxx bank, and we bought xxxx value of bitcoin, no never.
But when G.20 Countries sit up in a meeting and talk about regulating icos and crypto currency to some extent, Then we should know there is going to be massive adoption soon, which means there are big fish, who are needing some form of assurance before legally permitting their citizens to be a part
Atleast, thats how i view this.
There's no problem about being optimistic even sometimes it seem that market take time to recover. But if we know thatbour holding coin have potential then no matter what it takes we will wait for it because we know eventually holding our coin is really worth it. Right now we still holding our coin because its price is not yet rising, so the best to do i to hold especially when we have a good coin or have potential.
True and to some extent I agree. But have anyone really considered trading at a loss and also protecting their downside? Here's a simple math that worked for me in a bear market.
1. Bought 1 BTC at 10,000K
2. 1 BTC peaked at 19,200K, didn't sell (HODL!)
3. Accepted 20% loss and sold at $15,300
4. Bought 3 BTC when it hit $5000
5. Accepted 20% loss and sold at $4,000 (usd on hand $12,000)
Hodling 1 BTC is still just 1 BTC, but accepting loss twice and on step 4,
you'll have 3 BTC for hodling or step 5 accepting another loss $12,000.
$12,000 beats $4,000 value of holding 1 BTC.I just took BTC as a sample, this could be applied to ETH and the rest of the coins or tokens.
In trading and accepting loss, the only real enemy is yourself and how you'll get over the loss.
Time is both an enemy and ally in investing.