gurunanakji777
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January 09, 2021, 01:30:12 PM |
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I somewhat agree with you but it depends on a trader whether he/she is ready to take risk of holding or not. In my opinion long-term holding would be the good idea if you are not afraid of the daily fluctuation of Btc even there are many traders who did not sold when BTC touches last year its low because they have a faith in Btc and today we can see they are in unbelievable profit. Market makers everywhere manipulate the market and we can not do anything on that. Those who are in profit is quite happy now provided they book the profit.
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RokokGudangGaram
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January 09, 2021, 01:55:56 PM |
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Yeah you are right as bitcoin and other crypto prices can be easily monopolize by big whales or big investors as their decision can easily affect the market because their holding are quite huge wherein the market can easily crash if the big investors will decide to start to dump their holdings.
For investors, it is not bad to become happy on what is happening right now but we should be wise, careful and always monitor the movement of the market so we can maximize our profit as much as possible.
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jasonjm
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January 09, 2021, 02:19:37 PM |
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Do not be too happy that big and giant companies are entering the field… Because they set the price up and down whenever they want… You should be happy when ordinary people invest more than big companies. In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together. Wherever governments or large corporations stand, they are sure to determine everything. Successful and healthy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Agreed, with the involvement of the institutions and firms it will be difficult for retail users to gain enough profit as they can manipulate the price at will. Paypal has already announced that you can buy crypto through Paypal and with more companies coming in, we will see more volatility in short term to remove all retail crypto holders through panic selling.
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eaLiTy
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January 09, 2021, 02:20:08 PM |
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Do not be too happy that big and giant companies are entering the field… Because they set the price up and down whenever they want… The smart plot is always investing when the price is on a correction phase and if you are looking for profit then you really do not care about who is investing to pump the price and institutional investment is nothing new, they will always find good investment opportunities and invest heavily and that is their modus operandi and we knew that the price would rally after halving and if you invested well before that you could reap the profit which is not possible in any other financial market.
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gabbie2010
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January 09, 2021, 02:21:52 PM |
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All the big organizations are in the market or field for their own benefit likewise we the ordinary people, I don't think they will cause any havoc in the market in the name of manipulation havimg study and read the white paper of BTC whatever be the case I believed they can't beat the down to the minimum with any sort of manipulations because the numbers of individual hodlers is huge too its going to be a win-win to both side thus there is no cause for alarm.
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bassbity
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January 09, 2021, 02:22:35 PM |
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Bitcoin growth has not always been owned by one of the big companies. based on equality having boundaries is better than owning bitcoin freely. the reason is because it provides an opportunity for individuals to collect bitcoins bit by bit, and can be on par with large companies. I would argue that bitcoin adoption policies are restricted to large companies that can easily buy and sell large amounts of bitcoin.
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manfredmann
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January 09, 2021, 02:34:28 PM |
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Well, Why I shouldn't. If I am going to own bitcoin then with those big companies around owning bitcoin can help so much the investors to earn by having a good market gaining through those companies that are joining. That is the good thing of having them that if you have plan to buy bitcoin. You should be earlier than them so that you will be the one to benefit.
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Kong Hey Pakboy
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January 09, 2021, 03:08:15 PM |
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To be honest, I am not happy with the new ATH price of bitcoin because it is tough for me to decide if I will hold, sell, or buy more bitcoins. I don’t really have a massive amount of bitcoin, so I wanted to buy more bitcoin. Unfortunately, it is too late for me to buy bitcoin due to its current high price. The only thing that I am happy about bitcoin is that huge companies are getting interested in bitcoin and blockchain technology.
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Renampun
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January 09, 2021, 03:21:18 PM |
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When multimillionaire companies buy Bitcoin, ordinary people start to realize that Bitcoin is a worthy investment. Maybe it's the reason to be happy.
there are pros and cons that will inevitably occur... when companies with very large funds buy Bitcoin they will indirectly be one of the controllers of the Bitcoin price, I think it's a time bomb.
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VanityWallets2015
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January 09, 2021, 03:41:10 PM |
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Every stated opinion here are valid and has their own points. Truly, big investors has both advantage and disadvantage in the market. These investments has significantly contributed to the rise of BTC price and so the possible risks these could give due to major significance in the market. I think that the bottom line here is that there will always be bigger and more influential entity compare to us, so we need to observe and be wiser in making decisions.
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DooMAD
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January 09, 2021, 04:52:44 PM |
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Focus on your own wealth. Otherwise it becomes a self-fulfilling prophecy. If everyone became paranoid about the supposed influence of whales and didn't get involved in Bitcoin, it really would hand full control to the whales.
In fact, one might suspect that's the gambit of peddling such a narrative...
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Bitstar_coin
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January 09, 2021, 05:01:56 PM |
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Do not be too happy that big and giant companies are entering the field… Because they set the price up and down whenever they want… You should be happy when ordinary people invest more than big companies. In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together. Wherever governments or large corporations stand, they are sure to determine everything. Successful and healthy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Even at that it is still a big deal to have big company because they have the means to push both price and adoption, the ordinary people or normal individuals had the opportunity to get in but only few are willing to do so till now, if institutional investors are willing to invest then I see the problem, even if price will go down it will get back up again like always.
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Smartprofit
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January 09, 2021, 08:33:17 PM |
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Do not be too happy that big and giant companies are entering the field… Because they set the price up and down whenever they want… You should be happy when ordinary people invest more than big companies. In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together. Wherever governments or large corporations stand, they are sure to determine everything. Successful and healthy ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is very difficult for people to own and use bitcoins. Bitcoin is not an anonymous and private cryptocurrency. A Bitcoin user will go through KYC and AML procedures on a crypto exchange, and then transfer the coins to their wallet. But who will help him if he is attacked by extortionist bandits? Bitcoin does not need intermediaries in its work. However, everything has a downside. It is difficult for a Bitcoin user to defend against external attacks. This also applies to the attack of cunning hackers and the attack of a gang of thugs. It's another matter if the holder is an institution or a large organization. She can proudly declare herself the owner of bitcoins. It is easy for a large organization to protect its property from all threats and attacks.
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crwth
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January 10, 2021, 06:06:53 AM |
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It's basically the risk of going crypto. No matter what you do and make, there is someone with a lot of BTC that could drive the market up or down depending on how much they can, and that's just the risk. I hope everyone is accounting for all their expenses and income concerning their financial status. I believe that Bitcoin being part of the big companies is advantageous to everyone to those who have BTC. Whether it's going up or not, it's always going to be a momentum.
I suggest being happy with what you have and do not expect anything out of the market.
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LogitechMouse
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January 10, 2021, 06:12:30 AM |
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Do not be too happy that big and giant companies are entering the field… Because they set the price up and down whenever they want… You should be happy when ordinary people invest more than big companies.
On the other hand, there are some average Joes out there that are very happy because of the price of Bitcoin right now and because these institutions are slowly coming into Bitcoin and buying it. Little they know is that these institutions can manipulate the market anytime they want as they are currently holding a huge chunks of Bitcoins in their wallet. They have the power to set the price they want. They have the power to pump and dump the market. I agree with you though that it would be better if Bitcoin will be spread throughout to us ordinary people to prevent further manipulation but it is what it is. The one who has more money will have the power ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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lovesmayfamilis
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January 10, 2021, 07:23:14 AM |
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Everyone always has a choice. Buy bitcoin or not. The maximum number of bitcoins is limited to 21 million. Anyone has the right to redeem as much as he wishes. Anyone who understands and believes in the future of bitcoin will try to invest in it as early as possible. The more the popularity of bitcoin becomes, the more it will be bought by large companies. Everything seems logical. Now the question. If Bitcoin is not so popular, and it is not bought up by huge companies, how can it become the world's reserve currency? Anyone who understands the significance of bitcoin is quick to respond to their place in it. So it was and will be.
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Innerpumper
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January 10, 2021, 07:48:12 AM |
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I think that's true. Some large companies getting into cryptocurrencies may want special advantages for their own companies. They easily gave an idea and then they said "we're not talking about pricing, but about the platform". I think it's a big mistake, for the crypto community the price of an asset also signifies the success of the project. Projects that care about the community and investors it is a great project and for projects that are just looking for investors regardless of their community is a shit project. We see bitcoin as very concerned with the community because it doesn't look at the rich and poor, I hope the new project can model this bitcoin.
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Travel Standard
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January 10, 2021, 07:58:11 AM |
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We are happy ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) . Big companies investment mean big pump in price. How fast BTC price growing we cannot expect this.
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elisabetheva
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January 10, 2021, 01:04:53 PM |
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We are happy ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) . Big companies investment mean big pump in price. How fast BTC price growing we cannot expect this. Big companies, wholesalers are certainly delighted by the sharp increase in bitcoin, and it will continue until this year that joy will occur. but not for me maybe also mostly with small capital or just rely on the bounty. because altcoins cannot quickly catch up with what has happened with bitcoin, so many bounties are successful but cannot pay properly. hope this year that the bounty will increase sharply and the altcoins grow new at a very good price so that my colleagues and I can also enjoy the fun like a wholesaler to see bitcoin price increase.
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Becky666
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January 10, 2021, 01:17:37 PM |
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Bitcoin market is a general market which anyone can take advantage to make some gains, for the past months there have been an increase into the market by institutions and this is good for the entire industry. Although, there are advantages and disadvantages to this effect but who cares?, they determine the price up-down doesn't make anyone dumb to take profit when there's an opportunity. We are all here to take profit including the institutions, so, is a free fight for all which is the best for the entire ecosystem.
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