Bitcoin Forum

https://www.coindesk.com/institutional-crypto-exchange-lmax-digital-hit-record-6-6b-volume-on-bitcoins-black-wednesday

Why did you sell it to them cheap?

The buy is normal anytime there is a deep. The difference however is that institutional traders or hodlers are around and buy in volume. Selling off in gain for retailers is not an issue if they are able to sell at the right time, that is the high. Selling at that right time gives an edge to buy in the deep. So the rush will be there to sell at the right time and this is why that last week drop happened rapidly.

LMAX Digital is one of the institutional investors and just like other investors, they have taken this opening to stock more coins but if the deep is over, is yet to be determined.

For sure they're weak hands and followed by FUD triggered by the famous influencer.

I consider those big institutions who invested in Bitcoin it seems like a whale too.  Just because when they will decide to sell their Bitcoin it has always had an effect on the market.  So it's normally on us that there are institutional investors rushing and investing in Bitcoin and in a short period of time they will selling their Bitcoin after they saw that they already profited, like what Elon Musk did.

But despite this negative side that I had insight into Institutional investors that invested in Bitcoin, don't forget that Bitcoin is still young and it's around 12-13 years of existence, and the network becomes more mature even though there's no infinite growth but there's potential to be more sophisticated financial products.

Many were taking these chances to buy bitcoin at the lowest price possible, even we all wanted to do it only institutional companies or whales will be able to get a lot during these dips, we cant ask all to hold their investment during this time as we all have our different needs in life maybe they needed it this time that's why they sell it. These dips will attract more investors and companies to engage in crypto.

They are the one who's flipping coin recently from 60K ATH, So most probably people left be find that bought during peak will cut-loss to limit further loss. Institutional investors will never buy back unless there is sufficient volume on the market or else the dump will continue further since this is what they looking for enter again on crypto market. This is a cycle. Nothing new.  ::)

it has been proven that when the Bitcoin price fell to $ 30k no institutions sold their Bitcoin,
maybe it was panic selling and FUD that made a lot of Bitcoin sales a few days ago, I was surprised even though the institution was still holding Bitcoin why was everyone panicking?
haha, look at the bounce price from $ 30k to $ 37k, and there are indications the Bitcoin price could be over $ 40k again

That's only cheap if you are not happy with the price, if you should at $60k and then bought when bitcoin dump $30k, that would give you a good profit in just a very short period of time. Institutions will continue to buy and hold, but since bitcoin is volatile, there's still always an opportunity to see a price dump, and even a bear market, so that still gives an opportunity to buy again.

You know, what matters is the target price, if your target is $1 million per BTC for a price, then $100k or $500k is even cheap.

Of course they did, the only exception could be Tesla, even if Elon said that they have not sold their coins so far I am not going to believe a word of what he says, but the rest of the institutional investors that we have probably bought all of those coins and I would not be surprised if we even got new institutional investors that saw the opportunity to buy bitcoin cheap again and they took it, anyway I hope those people which sold their coins do comeback to the market or this is a decision they are going to regret for the rest of their lives.

Now people are no longer care about social media influence. At 30K the market has made a double bottom. Looking at the pullback in the new week it looks like this week will go through the green candle. Plenty of short traders entered the market, most of whom have now stopped, only the real hodlers have survived. The market is now in strong form due to the departure of weak hands. Though there are many bears around us, who are shouting to drop the price to 20K, but soon they will regret their mistake.

Bitcoin’s "Black Wednesday" isn't only for institutional investors as whales are also bought more than 122.5k Bitcoin on wednesday as well (https://cointelegraph.com/news/bitcoin-whales-accumulate-122-5k-btc-amid-latest-market-mayhem). Interesting part is that many whales and institutionals investors sold off their bitcoin above $50k and wait for this dip as they were well aware of those panic users who will sure to sell off their bitcoins and in the meantime, they accumulate more.  ;D Whoever sold off their bitcoin because of correction, all of you should take a lesson from this as everytime institutional investors will do this to accumulate more.

the institutions follow the principle of buying when it's low and selling when it's high meanwhile people doing exactly the opposite which is buying when it's high due to fomo and dump it when it's dip cuz afraid
the weak hands people have gotten out of the market and what's left is diamond hand and one thing I know is HOLDERS will always win at the end of the day when it comes to BTC and
at this point i have no problem those institutions squeezing to the last drop of bitcoin weak handed panic sellers.

A long time ago I did sell at the cheapest, cheaper than the dip that has happened recently. But I've learned from that and for those who have sold at cheap during this correction, it's due to the panic that they've felt and thought that the market won't do better. In that reason, many have been waiting for those cheap bitcoins that has been sold and the lesson that I've perfectly learned is to sell whenever I'm happy and satisfied and whether the price is quite low but it's still away from the price that I've bought and is in profit, that won't make me feel bad.

You can't blame those who panic sells, it's more than 50% dump and others are nervous and just simply panic and push the sell button, and then institutions are glad that they can get it at a very cheap price. Of course this institutions can be called whales because of the deep pockets they have and then just HODL an rinse and repeat the price (buying at the dip). So this is a hard lessons for beginner investors, they should be in for the long run in this very volatile market.

That's very interesting to see.

I think that there is indeed a prevailing trend that institutional investors are a lot more countercyclical/contrarian in their investment approach, in that they don't panic as much as retail investors when these selloffs do occur.

But as a retail investor, you can take advantage of the same fear in the marketplace. You have access to coins still discounted 30-40% from its peak right now, and it's probably worthwhile to at least accumulate a tad and DCA your buys at this price.

Does this mean I am part of the institutions because i bought in Downfall and did not even sell my coins?  ;)

for me this is normal because some others wanted to protect their investments while others are taking their profit from the Hype.

But in the end always the holders will win so don't worry OP.

Yup Consider yourself a Whale!
With the help of Musk and all others who spread the fud, they certainly lose the chance of getting huge profit because they were intimidated when the price goes down. The ones who are in the leverage trading are the worse to have been devastated. I guess the ones who had not logon to their account in Binance are saved for they have not dumped.

I'm one of those who have not logon because exchanges are down. I guess I have not sold mine to the institutions.

People panic to see the price jumps to the low price and they are not thinking twice about what they already did. If they can hold tight their bitcoin, I am sure they will not do that instead of buying more bitcoin at a low price, just like what the other people and institutions do when they see the low price. But we can not blame them for doing that thing because we have our reason why we do that thing. But for people who sold their bitcoin at a low price can regret it later, especially if they see the price start to increase.

Maybe they don't want to look for a big profit for a long time, but look for a small profit in a short time, so they can buy back when the price starts to fall again.

I think so, they have a trading strategy of the time system is fast and the profit is satisfactory.

Unfortunately there are too many people who do not realize that. I mean it looks very easy on paper and I have been doing it for years, my first ever investment was 13 years ago (obviously not crypto, there wasn't crypto back then) and there are investments I hold from that day, it made me just 250% profit so far and not a lot, I made more in crypto, but I do not see a reason to sell them when they keep profiting me and they look good there, I just keep it as it is.

Long term holders job is the easiest but also hardest, all we do is literally "nothing" and somehow that is psychologically very difficult for some people, when they see bitcoin go from 64k to 30k they end up selling, all we do is do nothing, but those people who sell can't do nothing and that is why we look like we know what we are doing.

This is bullish FUD against the true and confirmed bear call. Institutions are confirmed unloading bitcoin because bitcoin and crypto has failed. No more ATHs, no more bull markets, just little bounces on the way down. We'll be back to $30k (and below) before you know it.

Institutional investors or not, it doesnt really matter because this is a free market and no one does prohibit on who would be the one will be purchasing out coins out of this bear market
or seeing times on where coins or anything which is cheap and they do find out that they can benefit out later on when the market tends to recover.

If you do like to gain profit then you should really mind or act the same way on how these institutions been doing even though you arent financially capable but doing in small manner would do.

Doesnt need to go toe to toe since its impossible and we do know our limits.Thing here is that you go along on what they do persevere and once you had picture out on what they are
aiming then high chances that you would really benefit out later on.

Unfortunately, I do not have the same experience as you. You are so luckily having an investment from 13 years ago and still giving you profit. I wish I can get the same thing as you.

But I am lucky when I met crypto a few years ago as I use crypto as my investment that still working good for me. And now, I use crypto as my main investment besides having an investment in gold.

Yes, to become a long holder is not easy as it says because we need to distract our mind not always watching the market movement so we do not always think about the volatility or what happens to the market. That is why many people can not hold their bitcoin for a long time and sell bitcoin because of panic.

Many are late in starting investing in Bitcoin, including myself who have just started investing in Bitcoin since 2017. And I panicked when 2018 Bitcoin
fell very deeply, in the end I sold my Bitcoin at a loss. Then since 2019 I decided to restart investing in Bitcoin, and it's proven that this year I can
make quite a large profit. I also prefer investing in Bitcoin over Gold, but that doesn't mean Gold is bad for investment, but the price of Bitcoin
which is very volatile provides the opportunity to generate greater profit than Gold. Indeed, the best way to be holding Bitcoin in the long term,
we don't monitor the market too often, enough to buy Bitcoin regularly every month. Do that for 3-5 years I guarantee we can become rich people.

This is how those huge companies became huge companies. They are usually keeping some cash reserves at a side for days like these, and when there is a drop like this they end up buying at a low price and sell at a higher place.

They have actually managed to get this rich BUT we should remember that they didn't started from a salary like we did, these are big companies usually having a start with tens of millions of dollars and reach to a higher level thanks to having the chance to wait and invest whenever they want whereas people like me invest with their tiny investments and usually people do not wait because they have such a low amount. That is the thing about being rich, you do not work for money, money works for you.

And if it is not their fault then who is it? To me even if the whales are the ones that are manipulating the market at the end they are not forcing you to sell your coins for a bad price, that is a decision that each person needs to take on their own and there are many people that are in the market that decide to keep holding their coins because they know the true value of bitcoin, while those that are selling do not know it and were here just to earn some dollars.

You are doing a great thing because you are not giving up, especially you already got lost in 2018. Yes, when we can rise and keep trying, we will get something for our life, and that is proving to you.

Using bitcoin for the investment will be enough because bitcoin will give us profit in the future. Although the price is volatile, if we can calm down and not panic, we can see the time to sell bitcoin at a high price and profit. You already got an important experience before, so I am sure you can calm down and not panic again as before.

I doubt it will fall again at $30k once this recovers and finally broke again the previous resistance btc will make a move never before seen in past bull runs $100k is inevitable this year look exactly the dip its on $30k very obvious its manipulated.   

The institutions knew that BTC had a brighter future compared to other stocks before the data system was born.

They buy in bulk and control the market price for the dipamp.

after BTC hit a price above $ 60,000, they again dropped by selling btc in large quantities.

We will just have to see if it does fall below 30k, there are a lot of negative news about bitcoin and I don't think being overly optimistic is going to be the best course of action, there was a thread that said that bitcoin will never fall below 50k but the market has fallen below that. Hopefully we can see 100k this year but I hope that we will see it by the end of the year.

Being optimistic isnt bad but you should really be on the point on where you dont really expect that much because once the market had crashed out then you would surely get frustrated.

Lots for sure had been gloomed out on what happen on the market as of this moment but honestly it isnt the end and there would be always someone who would really be glad on catching those cheap coins
in the market.

Large institutions are the number one buyers of these coins and once they had filled their bag then they would really be making out some hype again. Rinse and Repeat to make more money.

Who sold it?
If I am, I will not sell them at a cheaper price. I will only sell the BTC when I have reached the target prices and get the profits. Being panic when the BTC price goes down is no need to do because we are here for a long time and we have known the exact market condition as always. Every time FUD is there, the price will be also going down. But never panic to sell off the BTC or cryptos in very cheap. And the whales or institutions will be happy about this.

I know the current dump is a whale bearish trap. I am still holding my Bitcoin and never sold any single of my Bitcoin. What I did now is trading altcoins, so I still can earn profits from crypto assets. Well, the profits are getting smaller during the current dump. But I am sure in the next month crypto market will be better and pumped again by the whales. Many institutions buying Bitcoin is a sign that the bullish not over yet. The price of Bitcoin is very possible to increase again soon in the next month.

Thank you for supporting me, even though I did a good thing by not giving up when I suffered a loss. Not make investing in crypto is as easy
as imagined, because I get a lot of pressure from people around me, when in 2018 almost everyone around me thought negatively about Bitcoin.
But I have always believed in the future of Bitcoin no matter what, and doing so requires being mentally strong. With all the experiences I have
had in the crypto world, I admit that now I am more confident and do not panic easily. Hopefully everyone can have a high level of trust in Bitcoin,
and also be able to control emotions, so it is not easy to panic if you see Bitcoin falling and can be patient waiting for the Bitcoin price to recover
and rise again. Moreover, no institution has yet panicked because Bitcoin fell, making me also more optimistic that the Bitcoin price will recover faster.

Because you are a member of Sr. I am sure you have a lot of experience that is very valuable for the next provision, just like me and it all paid off after reaching the all-time ATH yesterday.
2018 was also a bad year for me but things that happened will teach us a lesson especially worry and panic when the market went down especially bitcoin, and now that feeling is gone because we believe.

Probably the greedy panic sellers is what OP was talking about, they deserve getting their coins bought back by institutional investors because they are stupid and greedy that they overreacted to the FUDs that shouldn't have been a big deal in the first place. You can't stop this panic sellers, they are greedy and they want that the moment that they invested that they become instant millionaire.

I have not !!!

Instead i bought small chunk this dip and maybe there will be more climb sooner , but of course this is our last chance if not then  will hold for long.

Not just that, we all have a bad and good experience from being involved in crypto, and we can learn from that for our lesson, so that can improve us to better. Learning from others can help us get more experience, which will be useful for us to improve and have better analysis and control ourselves. We admitted that 2018 gives us a bad experience, but we have a good experience this year, and many of us already recover our losses. We are now waiting for the recovery process from the market, and we can feel confident that we can control our emotion, not panic.

No one can manipulate anyone, that's the good part about it.
All we can do is watch how big companies buy more from shaky hands investors that don't realize what they are doing until something big happens again.
It could be they are a pure fan of the rich Twitter sensation and followed his suggestion or they are just too scared they cannot sleep without doing something with their cryptocurrencies that started dumping.

Anyway, they are gone. That's the other good part.

For every bitcoin sold, there is a buyer who will buy those bitcoins. When prices are down, then whales and institutes buy bitcoin and its us , the retail investors, who sell out of panic. So its wise if we not sell our bitcoins for cheap.

I agree roughly with this, the movement was important and many people got scared because of it and sold their coins and this is their responsibility, but there is also another group that lost everything and those were the ones using margin trading, even the ones that were using just a small amount of leverage were annihilated and if they were not using a stop loss then they lost everything which show us once again why it is a bad idea to use leverage trading if you do not know what you are doing.