Which is also interesting considering the majority of its revenue came from retail clients prior to 2019.
This caught my attention, tells me smart money started loading bags shortly after the havening.
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I imagine this will occur with every halvening now
Makes sense, good knowledge to stash away until 2024. Might help with timing the market, every little bit of info helps.
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Yes definitely I’ve always had this weird thing since 2016 to buy buy each year 0.001 BTC even when I’m dead broke and regardless of price precisely because off this... wish I’d bought more now obvs fml 😅
Yea I mean if this pattern continues we will see another one of these massive bull market peaks that goes way higher than wherever this one peaks in 2025 or so.
Definitely especially with all this institutional money coming in - Coinbase IPO may actually bigger than we think
Definitely keeping an eye on the coinbase IPO. I know the company is recently profitable but I haven't decided if I think they'll continue to be profitable through the next market down cycle. Like anything I think a DCA approach will do the trick.
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Yup, with 2023 kicking off an accumulation phase.
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Yep, pretty much.