When these #Bitcoin ETFs get approved and considering they allocated ONLY 1% of the 25 Trillion portfolio #BTC price might go to $278,200
#Entertainment #Nostrich #Newtonostr #Plebchain #Newbies #GrowNostr #repost #420 #weedstr
When these #Bitcoin ETFs get approved and considering they allocated ONLY 1% of the 25 Trillion portfolio #BTC price might go to $278,200
#Entertainment #Nostrich #Newtonostr #Plebchain #Newbies #GrowNostr #repost #420 #weedstr
1% can be a lot, but it might not be as easy to achieve as it sounds.
Why don't you think it's that easy?
Because the biggest part of a market always tends to accumulate on few individuals or companies. This is also known as power law distribution or pareto distribution. It's just not so easy to get hold of a significant part of the market, even if it's "just" 1%.
Ahh I see what you saying... But you think they won't cut losses for profit ? In other word cut what's not future proof... 21 mil that's it I think they would be able to move whatever they like to make sure they stay on top. But I do understand what you saying tho, 💯