Now that we are all Bitcoin Maximalists, we need to take it to the next step and get rid of the confusion surrounding the monetary evolution of Bitcoin:pic.twitter.com/fwh8Ehsjw9
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it's not early believers' fault that most of the world hasn't seen the value of Bitcoin yet. Whoever notices the money of the future earlier than others deserves the rewards.
LOL what do they do with the gains? I guess they don't believe in BTC because they WILL NEVER EVER buy it back lower (according to you) - ridiculous and self contradictory theory.
buy yachts, houses, planes. no matter how rich a whale is, it is prudent to take some profits off the table after massive spikes.
If you know what you are doing you can sell the spikes, buy the plane and still be up in BTC (if you buy the accumulation with the rest of the gains). Most of newcomers are up in USD but down in actual BTC (via BTC & alt trading) who is taking money (BTC not USD) from them?
if you don’t want to be susceptible to these short-term games you are welcome to buy and simply hold for 7 years. no one is forcing retail to fomo in and fomo out haphazardly. Bitcoin will get increasingly harder to manipulate as it grows in size and liquidity + public knowledge.
saying that "nobody is forcing anybody to buy high and sell low" doesn't matter since retails are always going to do that. What I'm saying is this: if you were able to corner BTC market you are not going to give away your BTC. Why would BTC whale-believer buy into USD?
It’s retails own fault for allowing emotions to cloud their judgment. This is a free market. Just buy and hold for the long term if you have done your homework on BTC and believe it is the future. You can’t stop this whale behavior in free markets.
This being said, I think cornering the BTC market is harder than you think. You need to remember that the various whales themselves are adversarial among one another, rather than in cahoots.
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