04 Jan Realize this, If you sell your BTC right now, an institution will buy it immediately. Dont give it up so easily for a quick flip
Institutions have been buying bitcoin for a while now, but 2020 accelerated that narrative dramatically. Every time a retail seller like myself or yourself sells, an institution buys. That means institutions will own the majority of bitcoins eventually (as long as the inflation hedge narrative holds).
That means that if you own BTC, you own something that the biggest hedge funds, insurance companies, private companies, and family offices want. If you sell it for a profit, chances are you are selling it directly to them (through an exchange).
Dont sell it. Hold it, let them buy it from the actual miners who will charge them ever more increasing premiums as the cost of mining skyrockets. Dont short change yourself by selling (unless it’s an emergency of course). There will only be 21 million of these. almost 19 million already exists, many are lost. There’s NOT a lot of BTC left to be mined.