r/btc 7h ago

You remember the old btc posts? Sell when all the coorperations buy.

The ones that said. Just hodl and wait till btc is way up, then sell when all the institutions and coorperations buy. Anyone remember these? Thoughts?

4 Upvotes

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3

u/tomdon88 7h ago

I assume those people aren’t here anymore.

1

u/phillipsjk 6h ago

There is even a meme addressing this.

"You mean I will be able to sell my Bitcoin for fiat one day?

"No neo, once you are ready: you won't have to!"

Unfortunately the economics of BTC were changed when the Core Developers blocked scaling in 2017. It is little more than a pump an dump now.

So now that government funds are being used to prop up the price: NOW is the time to sell (if you have not already).

1

u/CashDragonX Redditor for less than 60 days 3h ago

Yes, that is the strategy. Sell BTC and buy the real Bitcoin, BCH.