Accumulating or getting into the rabbit-hole?
There are no signs that BITCOIN will stop being accumulated lately...
This is good on the one hand, people believe in the future of BITCOIN and, day after day, more Long Term holders appear...
On the other hand, there has to come a time when the demand forces them to sell, or at least to a few of them... when that comes, the flow will change from the Strong-hands, who will sell some, to the Weak-hands, who will buy a lot in small stakes.
We should see a change in the behavior of the accumulating wallets, a drop in the number of them forming a "valley" like the one I have marked in blue... Once we see the change in the accumulation trend, a new ATH will be reached
It will be the time for some to obtain profits and for others to be submerged in the decision to lose or become accumulators themselves... some will get informed, will learn and end up going down the rabbit hole... others will disappear scared like dogs with their tails between their legs even without knowing, that their final destiny is also to fall into the same trap... until they learn an get into the rabbit hole...
Posted Using LeoFinance Beta
https://twitter.com/thecryptorunner/status/1491016661570244608
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ha ha. A classic statement to end the post. At least, I am not that dog wagging my tail. It is interesting to see the evolution. There are strong reactions on the both side of the aisle. Haters hate it and lovers love it. There should be a practical solution in between which produces meaningful use cases that will help normalize the love-hate relationship.
Well, I don't think is a questopn of haters/lovers , it's a matter of education
That's the point. Love it or hate it but get educated.