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[SCAMEXPOSER]

It is a good thing that the cryptocurrency market is getting stable and fearless. The recent report from Glassnode shows that despite the recent bullish recovery of Bitcoin about 70% of Bitcoin wallets hold about 13.3 million BTC didn't release their coins for sales.
In your opinion and experience what is the effect of this decision in the cryptocurrency market?.

 

[Wisdom01]

It shows that lot of people still believe in the price as they know that it will continue to increase and grow more , as more development takes place sorrounding the coin community

 

[SCAMEXPOSER]

Honestly my Friend, it is also an indication that FUD and FOMO in the cryptocurrency market by small Investors is fast fading away so there is every possibility that bitcoin price won't be crashing as such anymore.

 

[Flower]

The impact of having the bulls taking over the crypto market is an upward price movement. This is very important as it restors confidence to the small investors.

 

[Ononivami1]

The impact of having the bulls taking over the crypto market is an upward price movement. This is very important as it restors confidence to the small investors.

When the bulls wins the battle on a trade, the price will increase. The price would increase because the demand as also increased.

 

[a_jerobon]

It shows that the holders still believe that the bitcoin price can rise higher. So they are not releasing it as they wait to earn more profits. This is so great for the market.

 

[ElPaule]

It is a good thing that the cryptocurrency market is getting stable and fearless. The recent report from Glassnode shows that despite the recent bullish recovery of Bitcoin about 70% of Bitcoin wallets hold about 13.3 million BTC didn't release their coins for sales.
In your opinion and experience what is the effect of this decision in the cryptocurrency market?.

Well it is like in stocks, you go out if you don't see potential or need cash for something else. Otherways you stay invested and let the money get more. The same rule applies to crypto. Yes you can game with convertion rates and look for short term cash too but in general most investment markets are seeking a long term bonding with investors.

 

[SCAMEXPOSER]

Well it is like in stocks, you go out if you don't see potential or need cash for something else. Otherways you stay invested and let the money get more. The same rule applies to crypto. Yes you can game with convertion rates and look for short term cash too but in general most investment markets are seeking a long term bonding with investors.

That's true and considering the remarkable achievement bitcoin and the cryptocurrency market is making especially with rate of adoption is giving most holders the hope of it rising higher in the future.

 

[Niftyicon]

I guess many people are seeing bitcoin as assets worthy of holding on to now more than ever and provided investors keep such sentiments alive, long term hodlers will continue to increase.

 

[SCAMEXPOSER]

I guess many people are seeing bitcoin as assets worthy of holding on to now more than ever and provided investors keep such sentiments alive, long term hodlers will continue to increase.

Absolutely and you will agree with me that even hyping of the cryptocurrency market won't longer have much effect like before by mere tweet.

 

[ElPaule]

Absolutely and you will agree with me that even hyping of the cryptocurrency market won't longer have much effect like before by mere tweet.

I would be love to live in this age where people invest based on their research not because a crazy billionaire calls for action - to get even more rich

 

[SCAMEXPOSER]

I would be love to live in this age where people invest based on their research not because a crazy billionaire calls for action - to get even more rich

The market will definitely get to that stage as you can see that it is gradually improving and resisting some unnecessary hypes and investors are becoming more confident in the market.

 

[Flower]

When the bulls wins the battle on a trade, the price will increase. The price would increase because the demand as also increased.

This is true because the market follows the basic rule of demand and supply. The higher the demand the higher the price. The bulls would make this possible.

 

[Niftyicon]

Exactly.Which is what the bitcoin market wants,if the hodlers increase it will be an easier job for bitcoin to go higher and who knows it might break its all time high sooner than we expect.

Looking forward to bitcoin breaking its all time high to set new records but I also anticipate a temporary correction before that happens.

 

[BullyMaguire]

Those big time holdlers are even buying more when the price is low.. they must be expecting a good price to be achieved. Well only small investors gets scared of dips anyways

 

[SCAMEXPOSER]

Those big time holdlers are even buying more when the price is low.. they must be expecting a good price to be achieved. Well only small investors gets scared of dips anyways

They are the ones making significant gains from cryptocurrency investment because they buy the dip and sell the bull but now people are well-informed and knows how the market goes provide you are patient.

 

[BullyMaguire]

They are the ones making significant gains from cryptocurrency investment because they buy the dip and sell the bull but now people are well-informed and knows how the market goes provide you are patient.

Yeah technically they are the ones in control of the market.. their movements has a significant effects that even if just a few of them sell off

 

[SCAMEXPOSER]

Yeah technically they are the ones in control of the market.. their movements has a significant effects that even if just a few of them sell off

So it is good small Investors to trade off their coins earlier before Whales dump and also buy when they dump.

 

[Brain]

It shows that lot of people still believe in the price as they know that it will continue to increase and grow more , as more development takes place sorrounding the coin community

You totally mirrored my thoughts. This is what actually came to my mind when I read this people still believe the price will continue to grow and it will be to a large extend even in years to come.

 

[07Trinity]

It is a good thing that the cryptocurrency market is getting stable and fearless. The recent report from Glassnode shows that despite the recent bullish recovery of Bitcoin about 70% of Bitcoin wallets hold about 13.3 million BTC didn't release their coins for sales.
In your opinion and experience what is the effect of this decision in the cryptocurrency market?.

The target is to hit 100,000 dollars,I don't know how much profit they want to accumulate after 5 months, anybody that is still in the market at this point is been greedy.