Post by: newshunter on March 12, 2022, 01:00:18 PM
If confirmed, someone could have made a serious commitment to BTC worth over $1 billion.
Source: Buying big? Nearly 30K BTC leaves Coinbase Pro in 3 transactions (https://cointelegraph.com/news/buying-big-nearly-30k-btc-leaves-coinbase-pro-in-3-transactions)
Would appreciate your opinion about this
Post by: TomPluz on March 12, 2022, 01:19:12 PM
The buyer must be taking advantage of the ongoing lull in the Bitcoin market and then transferring the same number of BTC to his controlled wallet for safety and long haul keeping. At this stage, there is still an accumulation happening and if one is really serious getting into Bitcoin then today must be the right time to do it because when the smoke will clear am sure BTC can be back growing on a dramatic scale. This is the advantage if one has a solid financial foundation as one can easily get into a big opportunity like BTC and other cryptos for that matter.
Post by: Freemind on March 12, 2022, 07:56:17 PM
The buyer must be taking advantage of the ongoing lull in the Bitcoin market and then transferring the same number of BTC to his controlled wallet for safety and long haul keeping. At this stage, there is still an accumulation happening and if one is really serious getting into Bitcoin then today must be the right time to do it because when the smoke will clear am sure BTC can be back growing on a dramatic scale. This is the advantage if one has a solid financial foundation as one can easily get into a big opportunity like BTC and other cryptos for that matter.
I totally agree with you. The current market situation is perfect for accumulating Bitcoin (and other cryptocurrencies) and storing them for the long term. As this phase of development comes to an end and the bears return to their caves, we'll see where new ATHs can go from some projects (old and new) that want to take off to places they've never been. Users with the most patience tend to be the ones who obtain the most benefits.