Bullrun 2021 is very different from bullrun 2017, when there are not only retail investors, but also large companies, financial investment funds, and in my opinion even governments. We see Grayscale & MicroStrategy collecting Bitcoin & Altcoins, and we believe this bodes well for the whole market.
That is true, but only in the short term. I see big future risks coming from such institutional investors:
+They are investors, which means they store crypto and then sell crypto for profit: Right now they are buying, the market will get a positive impact, but when they sell , things are going to be worse than what we've been through in the last 5 weeks;
+These companies are quite capable of becoming new whales, with more financial capacity than private whales. Manipulation can be more serious when these companies band together in a large global campaign.
What do you think about the impact of large companies and large investment funds participation? Is their participation really valuable to crypto market? What is more necessary for crypto: They or regulatory frameworks?