Wow, that’s amazing news! It’s incredible to see that the supply of long-term holders is coming so close to hitting a new all-time high in crypto history. It’s even more impressive that it’s beating the long-term holder conviction from the 2015 bear market. This is a great sign for the future of crypto and shows that people are still confident in the long-term potential of the industry. I’m excited to see what the future holds for crypto and I’m sure that this new ATH will be a great milestone for the industry.
No wonder people don’t want to sell, look at all the potential that we have!
I am more scared to not buy BTC now more then ever. Great news, halving, ETF, trillions of dollars – everything smells to upcoming bull market.
And people want to earn some money or course!
The DCA & HODL movement is growing stronger with the day
The bull run of 2021 attracted a lot of new people who now, during the bear market, are using the time to learn and understand the market.
More and more people understand what crypto represents and what its importance will be in the future.
Who would want to sell at these levels? This is the time when you become stubborn, you dig in, and you trust the process that this recovery will eventually take shape.
I wish I could know how many of those 76% dormant BTC are lost / inaccessible.
Think of the difference between 76% waiting to cash out & 76% of the supply being inaccessible entirely
155 days? So basically I’ve been a long term holder for some time now. Feels good.
This is bullish.
If you’re not stacking as much sats as you can during the bear market you’re doing something wrong.
Well yeah, what choice do people have
Power to the HODLers
Long term holder here. In the words of Conor Mcgregor ” I’m not fuckin leavin”
Becoming more centralized in it’s distribution isn’t a good thing. Bitcoin needs to be widespread to have any hope of adoption.
This is best illustrated by the total wallets, bitcoin has barely 41.5 million total wallets worth over $1 for example.
[You can learn more about current distribution here](https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)
Together we are strong crypto maniacs.
>as long-term holders usually drastically increase during bear markets, as a lot of investors become increasingly smart to not waste BTC at low prices.
As long-term holders usually drastically increase during bear markets, as a lot of investors become increasingly hesitant to sell for a loss.
The diamond hands army… let’s see how many of us will be left
Everyone is waiting for the bulls to come back, seems like accumulation phase is going to be over soon.
diminishing Bitcoin dominance
Some argue that Tether issuances are a key reason the overall crypto market cap has risen while Bitcoin’s dominance has diminished. More Tethers makes it easier to purchase altcoins, potentially suppressing Bitcoin dominance.
It seems market it’s building up and soon will blossoms into bull market.
Partymsl turns Will Clemente’s tweets into moonfarming posts. Will Clemente blocked me on Twitter because I asked him about his “supply shock” nonsense that he keeps posting in 2021. He’s just another influencer and OP is reposting this stuff.
This smells bullish b ut i have PTSD of bullish smells.
Congrats bagholders!
Imagine what we’ll look like in 2024 🤯
Yeah if you’ve hodled through this prolonged bear market to this point, you definitely don’t sell now. We are almost at the end!
It’s simple.
We refuse to sell for a loss.