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Old 3rd January 2021, 11:06 AM
ainarssems ainarssems is offline
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Location: Rushden, Northants
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Bitcoin is on BBC news again https://www.bbc.co.uk/news/business-55515529 a lot of people will get in on it again because of FOMO and price will rocket again. It's quite different from 2017 bull run as that was mostly powered by retail demand, this time it's more institutional but it's also a lot more accessible to firsttimer individuals especially with the PayPal allowing to buy BTC in US. The question is when the price starts going down what will the institutional investors do? Will they hang in long term or will they try to take profits and get out. Depending on it next crash migh be a lot smaller or bigger than the last one. It's about riding the wave and getting out on top then buy again when price falls. Easier said than done
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