Institutions bought your BTC

[dogtana]

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?

[Gozie51]

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.

[sheenshane]

Why did you sell it to them cheap?

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.

[dimonstration]

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.

[Beparanf]

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?

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. 

[Inspiron14]

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?

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

[stadus]

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.

[Silberman]

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?

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.

[Swordsoffreedom]

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.

[Review Master]

Bitcoin’s "Black Wednesday" isn't only for institutional investors as whales are also bought more than 122.5k Bitcoin on wednesday as well. 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.  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.

[poodle63]

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.

[passwordnow]

Why did you sell it to them cheap?

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.

[Kemarit]

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.

[magneto]

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.

[Chato1977]

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?

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.

[cabron]

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?

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.

[ethereumhunter]

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?

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.

[rahmatrf331]

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?

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.

[SquallLeonhart]

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.

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.

[proudhon]

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.