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jayhan88
@jayhan88
German authorities and Mt. Gox creditors are indifferent to the current price imo. They don't attempt to time the market; instead, they prioritize selling quickly to convert their BTC holdings into fiat ASAP, much like we hastily sell "farmed tokens" to convert them into BTC, ETH, SOL, or stablecoins regardless of the price. Still, the market may revive to a bull phase once this overhang is resolved, hopefully by Q3 2024. In the meantime, take care of your mental health and enjoy the ride with sound risk management.
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