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.