Whales are buying more and more bitcoins

Yup, big institutional investors are going hard. Quite the supply crunch. Main thing bouying the price imo.
 
Many of those accounts are by the likes of coinbase and co. Many unsophisticated retail investors don‘t hold their own private keys.
 
No wonder bitcoin is tanking now. I basically invested $1,000 worth of btc llast week when it was $42k per btc. I hope it recovers fast and not go down to $10k again.
 
No wonder bitcoin is tanking now. I basically invested $1,000 worth of btc llast week when it was $42k per btc. I hope it recovers fast and not go down to $10k again.

One of the oldest sayings about successful investing is - Buy low, sell high.

You bought at the highest ever possible price.

Don't get me wrong, I invest and believe in crypto as well.
 
One of the oldest sayings about successful investing is - Buy low, sell high.

You bought at the highest ever possible price.

Don't get me wrong, I invest and believe in crypto as well.

Well, it is a money I could risk so, I am fine with it. I was hoping it would be up again in January next year. Maybe surpass $100k. I have been itching to at least put aside some money on my wallet but I guess I did it at the dumbest moment. haha. Nevertheless, it will remain on that wallet until January next year and will update everyone here. :)
 
No wonder bitcoin is tanking now. I basically invested $1,000 worth of btc llast week when it was $42k per btc. I hope it recovers fast and not go down to $10k again.

This report is a good thing for the BTC price imo. It most likely indicates a supply crunch. Only like 1700 or so BTC is mined every month. The demand is wayyyy higher than that.

I believe it will recover, but you never know.
 
Anyway its a good things to stack bitcoins and Ethereum !!
Even if you bought at the highest price, it will become higher in next years for sure
 
No wonder bitcoin is tanking now. I basically invested $1,000 worth of btc llast week when it was $42k per btc. I hope it recovers fast and not go down to $10k again.

Just hold on to it.

$ is strengthening just now which is one small factor in the correction of BTC, plus it reached the all time high, which wasn't the best time to buy.
 
usually buy when price tanks :) and CNBC says to sell, and sell some when they say to buy 95% correct going against them
 
No wonder bitcoin is tanking now. I basically invested $1,000 worth of btc llast week when it was $42k per btc. I hope it recovers fast and not go down to $10k again.
Hey bro,
If you don't mind, which plat form do you use?and how are the fees in? I think to invest in BTC or xrpl using binance but i would like to have idea about other platforms.
Thanks in advance.
 
Hey bro,
If you don't mind, which plat form do you use?and how are the fees in? I think to invest in BTC or xrpl using binance but i would like to have idea about other platforms.
Thanks in advance.
localbitcoins.com < I put in there just in case I opt to trade someday :)
 
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