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Author Topic: Majority of investors are quitting, what are you doing?  (Read 647 times)
NotATether
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June 22, 2023, 07:21:57 AM
 #61

Those "investors" that are quitting are just short-term traders. The long-term investors (the bulls) are not going anywhere because they know these maniac events will pass as well. It's like last year when lots of crypto services shut down and the Fear and Greed index was pointing to "Extreme Fear" - this was mainly the short-term profit-seeking investors.

I wonder where it's pointing now? I haven't bothered checking it lately.

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Jawhead999
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June 22, 2023, 10:04:08 AM
 #62

I don't buy your story, most people already know about Bitcoin super cycle and they're trying to hold until that time before they sell their coins. However right now the Bitcoin price has been reach $30K which is the demand become higher than past few weeks. It's a sign many investors are join the Bitcoin adoption regardless the reason is e.g. to protect their wealth, privacy, making money etc.

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