MrRenev

Bitcoin: Institutional money is stepping in

Short
MrRenev Updated   
I heard from very good sources that there were Bitcoin investors within institutions...




... Mental institutions.


Technically true.


Sorry for this lame joke :'(
Stole it from Tr0llyTrollFace

Bitcoin investors are more stupid and mentally unhealthy than usual.
But not really compared to retail investors if you read from the past,
they have always been this stupid and crazy and end up depressed.


"Doing the same thing over and over again and expecting different results is the definition of insanity"

Therefore, all Bitcoin "believers" are institutional investors.
Trade active:
Started shorting a bit early to be safe. I have no idea who is buying now lol.
Once again bulls are paying bears big time. These rates are just insane.
It is 9000 all over again.
0.0875% in 2 hours, then 0.14% in 10 hours.
The higher we go, probably the more bears get paid.
If things move slowly enough this will have no risk even, and we are in summer, things should move slow shouldn't they?
Not really sure since most BTC "investors" have been basement dwellers until now and June - early July has been pretty active.
Last year mid july to mid november was really dull thought...

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