Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MrSpasybo on May 12, 2021, 11:58:55 PM
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Perhaps you will be surprised by the title of this topic, as we have always assumed that the participation of large institutions in the crypto market will have positive effects because:
+ Crypto is advertised and became popular with the community;
+ Value of crypto accepted;
+ The increase in buying pressure causes token prices to be pushed up.
However, everything is not just pink. I realize that besides such advantages, the participation of financial institutions creates a number of risks as follows:
+Financial institutions are likely to use crypto in the art of accounting like Tesla did with BTC. Crypto will become a tool to manipulate financial reporting metrics rather than an investment;
+Financial institutions have bought a lot of crypto and they will sell a lot of crypto: this happens when financial institutions want to take profits or offset losses. This sell-off will create a huge drop as ICO projects sold out huge amounts of BTC & ETH in 2018 after successful funding. Financial institutions are not the place to burn tokens ^^
What do you think about this? Will the participation of financial institutions have a positive or negative impact on the crypto market in long term?
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One thing we have to learn is that almost anything here on Earth will always have advantages and on the other side of the coin the disadvantages - the most important thing is the there are more advantages than disadvantages, hopefully. We all are wishing hard for the coming of institutional money and support because we are sure that they got the bigger influence and power to catapult the crypto industry to a whole new level. However, just like us who are small speculators they are also here for the money or anything that can help them produce more profit - in many instances nothing more nothing less. That is why we should not be carried away from any dramatic reasons.
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One thing we have to learn is that almost anything here on Earth will always have advantages and on the other side of the coin the disadvantages - the most important thing is the there are more advantages than disadvantages, hopefully. We all are wishing hard for the coming of institutional money and support because we are sure that they got the bigger influence and power to catapult the crypto industry to a whole new level. However, just like us who are small speculators they are also here for the money or anything that can help them produce more profit - in many instances nothing more nothing less. That is why we should not be carried away from any dramatic reasons.
Exactly what I wanted to say, there is not much left to agree with. +1
At the end of the day, the Hodler will benefit
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I think if crypto is used as finance and money, no country will have control over finance. Like In today's time America always have major role in decision making for world development the dollar is behind this because dollar is standard currency that's why USA influence in today's times.
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IMO, I believe that most businesses and industries in the real world have also that problem, not just only the cryptocurrency industry Because the financial institution venture into the crypto market has also brought positive results to the market by bringing the crypto adoption into the mainstream so the benefits are mutual and regarding the sell-off and liquidation scenario for me that was normal they were investing in crypto to gain a profit that's why they have the right also to sell it for a profit just like everyone was doing.
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The participation of financial institutions will have a positive impact on crypto in the long term, but in the short term, they will be one of the reasons why the crypto winter becomes more severe. I don't think they will hold BTC until bullrun 2025. They will sell off as soon as the market shows signs of collapsing.
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If a large financial institution enters the crypto market there must be advantages and disadvantages. We can only hope that there are more advantages than disadvantages. Because they bring money and greater power to take cryptocurrency to a higher level. But I believe their goal is also to find money and anything that gets them more profit. The most important thing is that we are small speculators. Do not get carried away easily and remain calm in reacting to it. Stay focused on investing.
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What do you think about this? Will the participation of financial institutions have a positive or negative impact on the crypto market in long term?
What do you think about this? Will the participation of financial institutions have a positive or negative impact on the crypto market in the long term?
In my opinion, both of them are very impactful for the world of experimentation like this because what they did not have before, and what is traded in our world is not money but crypto negatively affects the world to always work without overtime.
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There is no doubt crypto got more popularity because of institutional money but this is all good for shot-term in my opinion but you know when they will comment something the negative market will drop hard because they have a huge amount of cryptos and can manipulate any time and that would be the main problem so, in my opinion, small investors are much good for the crypto market because big players manipulate the market easily.
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The maximum essential issue is the there are extra blessings than disadvantages, hopefully. We all are wishing difficult for the approaching of institutional cash and assist due to the fact we're positive that they were given the larger have an effect on and energy to catapult the crypto enterprise to an entire new level. However, similar to us who're small speculators they're additionally right here for the cash or whatever that could assist them produce greater profit - generally not anything greater not anything less. That is why we need to now no longer be carried farfar from any dramatic reasons.
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I cant agree with you fully. Because many institutions are here not like Elon Musk who is a manipulator of crypto. We cant blame everyone for him. There are many institutions who are here for long term. I knew from the day that Elon is a Shit person when he started tweeting and pumping DOGE.
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Perhaps I think the use of different companies' websites to advertise cryptocurrencies, the more the popularity of cryptocurrency increases as a result of advertising on platforms in different marketplaces. That is why the popularity of cryptocurrency has increased so much.
But when cryptocurrencies display a red candle, the community sees them as risky. Financial institutions around the world are constantly adopting different strategies for investment and trade. Each country's economy adopts different strategies to finance its communities. Financial firms were able to use crypto in the art of accounting with bitcoin Tesla. However, it was suspended again a few days ago. In other words, the company has stopped using Bitcoin for transactions.
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Institutions play with markets from time to time.
Recently it happened that Tesla no longer accepted Bitcoin and the whole market crashed.
But this institution never sold its BTCs, be careful.
It is a practice so that they can fill their pockets with BTC more.
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Institutions play with markets from time to time.
Recently it happened that Tesla no longer accepted Bitcoin and the whole market crashed.
But this institution never sold its BTCs, be careful.
It is a practice so that they can fill their pockets with BTC more.
Even when this can be true, it is also possible that they already sold, took profits, and caused the FUD to drag the price down and of cause buy back in. Besides, I don't believe that they didn't sell just because they never say so.