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https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.
Is that true? Well, during this dip, buying the coins in the big amounts may be profitable because we can buy many more tokens in the cheap price. However, if the transaction is using the ETH, should we consider the lose in ETH? Everybody always has different strategy and this may be his strategy as well.
If this news is true, that man has a very high hope on bitcoin same as me, i really hope btc price will bounce back soon, he made a great decision buying such amount when market price is declining. A real profit when bitcoin price bounce back.