It is time to sell to them and give thanks. Then buy it back at 12k. They need to experience Bitcoin drawdowns 😂
I am joking about selling bitcoin but serious about wanting the ETF speculators to experience some pain in their portfolios.
Oh, they will feel the pain when we see the big draw downs after the halving. Can't wait to hear all the tradfi bros talking about fixing bitcoin.
reply
The consensus seems to be that institutional buyers will allocate a percentage to bitcoin as a more or less permanent position, unlike the retail guys we are talking about.
reply
Yeah, that's what I hear but I don't buy it. In the last bull run some of the big money guys from tradfi talked a big game but then sold their positions. Everyone has to learn what bitcoin has to teach.
reply