Institutions are gonna buy our altcoin bags!
At least this is what I told myself 6-7 years ago. The truth is that they NEVER will. It just doesn’t work like that.
If there’s a popular product that institutions find interest in, they will cut deals behind the scenes via OTC. They will never open market purchase tokens. There is far too much risk for that to happen.
It’s a rigged game and we are just here playing with the scraps. Tired of seeing people hold tokens with the game plan of 5-10 years of holding.
If you’re up big, park the profits in cash and grow it slow. Wait for another big opportunity to come that stands out and rotate that capital into there. Rinse and repeat.
@Tradermayne Both statements sound plausible, both the old ones and the current one from you. But I also noticed the contradiction.
Well, I think in such wild and unpredictable times you have to be flexible. Like when rebalancing your portfolio.