CryptoQuant CEO Ki Young Ju gave his assessment of Bitcoin and its investors. According to the famous CEO, Bitcoin is a very different instrument. Sellers are switching to buying Bitcoin.
Bitcoin Investors Are Paradoxical
We are very familiar with Bitcoin comments. However, there are not always comments about BTC investors in this market. Today, Ju made a clear point that Bitcoin investors are paradoxical.
In a post by the famous CEO of X, he said that investors are putting a lot of effort into analyzing Bitcoin and determining when to sell it. Ju emphasized that BTC investors never give up on the market. He said that they eventually buy Bitcoin again.
The results we see here are really interesting. Because no matter what market you look at, you can't find another financial instrument that has a 100% retention rate like Bitcoin. That's why it's paradoxical, Ju said.
You will review BTC
Imagine it this way, Ju said. You came in today. You sold Bitcoin at $61,000. After a year or two, you will have two situations. The cryptocurrency BTC will surpass $250k. Or Bitcoin will drop to $14k.
Ju asked: Would you buy back BTC if either of the two scenarios happened? In the first example, when BTC was $250k, there would be people buying BTC at a high price. They would sell at a low price. In the second scenario, there would be people buying low and selling high. So what changed?
In fact, nothing changes here. Because both scenarios are possible. When that happens, you will get back into Bitcoin and cryptocurrencies. The possibility of both scenarios is of course paradoxical for investors. It also perfectly shows how bright the future of BTC cryptocurrency is. As of writing, the BTC price is at $51,167. He is waiting to take a new step towards the journey to new heights.
