Algominer2 (OP)
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August 28, 2024, 10:07:17 AM |
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In reality, I believe that retail will be of little importance in this cycle. In the last cycle we started talking about institutional adoption, and it is true that it started then, but I think that when it is going to be noticed, when there is going to be real institutional adoption, it is going to be in this cycle. So, whether there are more or less retail investors, I think it will have little impact when compared to institutions buying (or selling) billions.
I agree with you in terms of Bitcoin and major alts (esp ETH and Sol) but what about the other alts and shitcoins? I can't see institutions buying those.
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justdimin
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August 29, 2024, 10:44:06 AM |
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In reality, I believe that retail will be of little importance in this cycle. In the last cycle we started talking about institutional adoption, and it is true that it started then, but I think that when it is going to be noticed, when there is going to be real institutional adoption, it is going to be in this cycle. So, whether there are more or less retail investors, I think it will have little impact when compared to institutions buying (or selling) billions.
I agree with you in terms of Bitcoin and major alts (esp ETH and Sol) but what about the other alts and shitcoins? I can't see institutions buying those. Yes, no support from any type of investments, in fact not even SOL, I think btc and eth are the only ones that big companies could buy, and that would make sense considering how big those coins are and the top two, and been around for many years without much issues. However, I do not think that others will be bought by big companies. What will happen, is that retail have money in big names too, and big companies will put some money too, it will get hyped, the price will go up, people will realize they made as much as they can from the big ones, and they will use some of the profits to buy some smaller stuff, since smaller coins and tokens have lower market cap, it will be easier to make them move higher with a little bit of money and hype, and those low alts will go up because of that.
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Marvell1
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August 29, 2024, 01:55:26 PM |
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I agree with you in terms of Bitcoin and major alts (esp ETH and Sol) but what about the other alts and shitcoins? I can't see institutions buying those.
Which institutions are you referring to? Except for ETFs that have to publish daily buy and sell data, other institutions, whales, sharks, and market makers will not notify you every time they buy. If you want to know what coins they are buying, you need to be knowledgeable, spend time researching, and use paid tools to track those information. Take a simple example like Grayscale investment fund, since Bitcoin ETF and ETH ETF were approved, they continuously sell Bitcoin and ETH every day. But on their website or social media platforms, they openly announce when they invest in other altcoins projects. Recently, they announced that they invested in SUI and TAO and before that other projects like NEAR, AVAX…they have been investing in many altcoin projects. Many funds and organizations are quietly investing in various altcoin projects. https://x.com/Grayscale/status/1821170731478356476
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dezoel
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August 29, 2024, 03:25:12 PM |
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as ridiculous as it sounds, most of retailer did exactly this like in the past bullrun cycle too, even the recent dips which caused bitcoin to touch $49k, there were so many retailers panicking and selling their coin at that price, which is kinda dumb in my honest opinion, if we're already going down so bad there's always bigger chance that the price could bounce back off and yet retailer doesn't seem to understand that.
this is why knowing basic of market could help massively in determining what step to take, the paper hand amateur trader will always be the one that become exit liquidity because they are just that bad. they should've stayed with DCA.
Indeed ridiculous because they are doing it wrong or they are doing it the opposite way according on what you described there. In each side that they choose to do, OG's will always have the chance to take advantage. They are only lucky because I believe that many OG's are still kind and they are already a long-timer in this market, so they won't do such thing as what @Algominer2 is saying there which is to exit liquidity. Also, I don't think that a simple retailer that will enter can immediately pump up the market but there is a proper time for this and that will only be the time that the OG's will sell their possessions. When it comes to buying, I believe that many OG's now are into DCA method, so they don't usually wait for the dip and buy the coins of the retailers that panic sell when the market is in a bad shape. Anyways, the crypto adoption is not yet full, so there will always be more people who will come late and usually they are only poor or so-called retailers but they can still learn later on and they will now become an OG too just like the most of us here and that will only be the time for them to revenge and also take advantage of those who are newly entrants in the market.
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$weetne$$
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August 29, 2024, 04:09:28 PM |
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In reality, I believe that retail will be of little importance in this cycle. In the last cycle we started talking about institutional adoption, and it is true that it started then, but I think that when it is going to be noticed, when there is going to be real institutional adoption, it is going to be in this cycle. So, whether there are more or less retail investors, I think it will have little impact when compared to institutions buying (or selling) billions.
But ratail investors should no be neglected because they are the most important people to the sustainability of Bitcoin. It is the retail Investors that have been keeping Bitcoin active in the previous years that there was no institutional investors. The institutional investors can decide to stop investing in Bitcoin collectively and they will achieve that therefore we should not make the market all about them or we will be heading over the decentralized market into the hands of the centralized institutional investors. Then they can have control of what happens as everybody will be following them to buy or sell. They are already winning but it is not too late to take back the market form their hands. The retail investors need to come together with their number and oppose the institutional investors not following them blindly.
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coolcoinz
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August 29, 2024, 07:20:59 PM |
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I have a theory that retail may not ape in this cycle as much as they did in the last one.
Are you sure they even aped a bit in the last one? We barely got 3x last time, this time people would be happy if they saw 2x because that would be $120k Last bull run we had covid boredom (people sat at home with nothing to do) + a LOT of stimulus = a lot of new money flowing into crypto, especially alts. We also had China ban on mining in the middle of the 2021 bull run, so there's that.
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Zigabel
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August 30, 2024, 08:01:34 PM |
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I have a theory that retail may not ape in this cycle as much as they did in the last one.
Last bull run we had covid boredom (people sat at home with nothing to do) + a LOT of stimulus = a lot of new money flowing into crypto, especially alts.
This time we have the institutions of course, and I don't underestimate how big that could be for Bitcoin this cycle (although it could be more "slow and steady" than face-melting gains).
But it feels like retail are still licking their wounds from the last cycle and less likely to join the fun time round.
What do you think?
I think for BTC it doesn't really matter too much, but for alts we might not see the kind of returns everyone's expecting.
Retailers usually do have only but little impact on the market but they cannot be underestimated too, one very significant difference created between the impact of the retailers and the institutions is that with the retailers their impacts may not be lasting enough but with the institutions it may not be quick enough because its not based off impulse but its effects are usually lasting and very impactful enough. i believe that if the market this time is impacted more by the institutions then its a much more better and preferable option than it will be with the retailers but don't think they will be put out totally because they will be busy this time.
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Myleschetty
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September 04, 2024, 07:44:07 PM |
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Retailer investors may ape in this cycle based on each individual's understanding of the market but we shouldn't understand that the institutional investors are the major players in the current crypto market and it will be hard for the retailer investor's accumulation to reflect the market price or trends.
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d5000
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September 04, 2024, 08:23:01 PM |
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Retailers usually do have only but little impact on the market
I disagree with this affirmation. Bitcoin price above all in the first years was almost exclusively driven by retailers. The institutional investors are a relatively new phenomenon, starting with people like Saylor's MicroStrategy in the mid to late 2010s, which was still a quite isolated investment, and then taking off in the 2020s with Tesla, El Salvador etc.. And of course the ETFs, which exist since 2021 in some countries but exploded with 2024's US approval, drove a completely new public into the Bitcoin market. I think some confuse "retailers" with "new users", which are those who google "buy bitcoin", and are interested more in memecoins than in Bitcoin according to popular belief But a significant part of the population, in many countries around 5-10%, already has used or held Bitcoin or another cryptocurrency. They will not google "buy bitcoin" anymore, so they may be more difficult to "track". But they are very significant when it comes to their influence on the Bitcoin price. I guess 99% of the Bitcointalk users are "retailers". Even whales are sometimes retailers, often early adopters, although they are becoming more rare over time.
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Smartvirus
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September 04, 2024, 11:08:00 PM |
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Retail investors are always on the sidelines, watching and waiting for the moment when they find Bitcoin price to be in an uptrend, influencing altcoins with its moves as well and eventually, creating the conditions for an easy entry and exit on profit where by, you catch the market going up and exit before it thumbs down.
Last bullrun had several things at play with people looking out for means to shop and pay for services, the network congestion that was associated with fintech and banks, coupled with several conditions so happened to have create room for more discovering and understudy of Bitcoin which significantly had a role in how far the bullrun went.
We wouldn’t have that in this season but, might find a different thing at play and that is, the last year’s result would play as an expectation in this forth coming bullrun.
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STT
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September 04, 2024, 11:48:03 PM Last edit: September 07, 2024, 09:53:09 PM by STT |
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“History Doesn't Repeat Itself, but It Often Rhymes” ~ Mark Twain. I dont think we can see a repeat of covid extremes but we dont have to in BTC its growing anyway and doesnt require that amount of speculative action from the masses in order to do well.
A greater element this time is secondary assets like the possible usage of ETF and other balance sheet deposits for Bitcoin. I think they are already operating buy programs and are involved to a greater extent in 2024 and I believe more so next year. The rise has been far more linear but I think we've been a bit less volatile then might otherwise been the case were it only small players and a repeat of prior bull markets in Bitcoin.
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EluguHcman
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September 05, 2024, 01:48:06 AM |
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I think for BTC it doesn't really matter too much, but for alts we might not see the kind of returns everyone's expecting.
This current circle bull-run has been in a majority anticipation and has caused panic of investors holding even above an affordable range of time just to account mutilations of their incomes but due to the current panics of the economy left many with no choice of selling their Bitcoins while some also has been attracted buy and hodl as a FOMO against the threats of the future economy. Being known that most Alt Coins are only good for short term goals, lot of Investors has regrettably lost their funds with a high tension of reasons to sell off their coins before loosing it all due to their high voltage or volatilities and the anticipated bull-run of the current circle has been like REFUSED to come. So, while the bull-run is still being ahead of time to come, Bitcoin investors as a result of FOMO are not so much of the panic as much as Alt Coins investors due to their volume of volatilities.
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betswift
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September 05, 2024, 05:53:58 AM |
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Time does not repeat but it rhymes to paraphrase someone famous :p I dont think we can see a repeat of covid extremes but we dont have to in BTC its growing anyway and doesnt require that amount of speculative action from the masses in order to do well.
Yeah, for BTC - it's sand in the shoes, it will bounce back eventually no matter what, others - only time will tell, as you said in other words
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