Bitcoin breaking its 2020 ATH so far has started to bring a lot of people out of the midst, but I think we're due for a pull back soon there are loads of investors who feel its time to take profits and have been HODLing for ages. I also think there's going to be some fud coming through as is ALWAYS the case, you cant have success without haters
I'm honestly quite bummed about the price rally, I've been silently stacking sats and I never feel I have enough and this is just making it that much harder, lol yes I am greedy
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Not sure I agree with your analysis here mate, I think the 2020 market has been driven by patient, mostly non-retail investors (see google trends and hold time on Coinmetrics). Larger players are unlikely to take profit at x2 when the risk reward is looking so juicy and retail is still mostly on the sideline.
Smart money needs dumb money to make serious money.
But yeah there'll be a pullback from here, Bitcoin will take the stairs up as always :)
I am with you, never feel I have quite enough haha
That’s an interesting sentiment you have there my reasoning is based on each month as lock downs continue people need liquidity abd if there’s a big retail holding people are going to look to liquidate especially if the economy doesn’t pick up soon
Lol absolutely the stairs, I actually need to start focusing on setting new buy orders and pick up any pull backs I’m scared the cheap BTC under 20k won’t be with us for very long and I’ll get very little Sats for my shitty South African rands
yep, very much a buy the dip sort of market for the next 3 years imo
I hope you're right, I need more dips, my fiat isn't getting me enough satoshis anymore, the South African rand is tanking lol