@CitadelOfRicks
9,000 BTC Whale Sells
According to cointelegraph a Bitcoin whale that had accumultated **9,000 Bitcoins** from the 2018 dip has sold in profit after 22 months of holding. This individual investor (or party) played the market correctly and unlike most crypto investors bought the bottom and sold the top (at least the current top). Source: https://cointelegraph.com/news/this-bitcoin-whale-sold-at-12-000-btc-price-after-hodling-for-2-years This is what investing is about. We might listen to people telling to HODL but this was much better for another time back in 2013-2015 when Bitcoin was consolidating. This was a perfectly planned trade and something for all of us to learn.
8 comments
I used your link to know more about what actually he do, but unfortunately I didn't get information about what strategie actually he used. Keep sharing information .
Buy low and sell high. This is what we should be doing, but unfortunately we are hoping for miracles instead.
No miracle is needed, In Cryptocurrency we can't obtain full knowledge on which we can take decision, so only Technical Analysis can be done. Observe the market trends and use some research. That's enough.
You are right. Although currently do you see us moving above 12k into 15k territory? I think that the chart points to a top.
If only he could give me 1 btc and sold the balance 8999.
That would have been a nice gesture
My wishful thinking 🤗
It is always cool when you can time the market and make nice profit.