There's plenty of poorly managed institutions holding a lot of Bitcoin right now. Many of them will eventually sell either because "they're super duper smart" and "will get ahead of the market" or because regulators and governments tell them to.
This means the price will most likely come back down before it reaches a new ATH.
I'm not suggesting trying to time the market, but just that DCAing will likely work for you as long as you don't give up.
Keep on it and keep stacking sats.
poorbaldmonkey /
npub1py…xtcp4
2023-03-20 01:24:00
in reply to nevent1q…pwx5
Author Public Key
npub1pyl3pmxxayxyz8szfmcktaftfpt2g5jwy4ns6785f5l2c5w6syrs7xtcp4Published at
2023-03-20 01:24:00Event JSON
{
"id": "78c35e6f8d587fb3cb4060e66e976b4d82853ea27fcbcdddc2eebd2246b33cea",
"pubkey": "093f10ecc6e90c411e024ef165f52b4856a4524e25670d78f44d3eac51da8107",
"created_at": 1679275440,
"kind": 1,
"tags": [
[
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],
[
"p",
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],
"content": "There's plenty of poorly managed institutions holding a lot of Bitcoin right now. Many of them will eventually sell either because \"they're super duper smart\" and \"will get ahead of the market\" or because regulators and governments tell them to. \n\nThis means the price will most likely come back down before it reaches a new ATH.\n\nI'm not suggesting trying to time the market, but just that DCAing will likely work for you as long as you don't give up. \n\nKeep on it and keep stacking sats.\n\n",
"sig": "5daf13c54fc65a707739e85d715581bb557e838fa6f79142186659836cb6faaf79971d5c6ef0849d54e3cd2ac5b3ed0b017403126c22197e9d6f473f5b0606e0"
}