While some are still wondering if it is better to invest in Shitcoins than in BITCOIN itself, the king of cryptos continues to be more and more scarce on exchanges... why is this? obviously because those of us who have been in this world for some time have already experienced the FOMO effect each bullish cycle brings with it and the ultimate object of the whole story.
(Source)
It was the PUMP&DUMP effect two cycles ago.
In the previous one everything was focused on recognizing the so-called next ETHEREUM... the ICO phenomenon exploded and we were all looking for the new blockchain/token that would do what ETH did before in terms of profit.
Today there are DeFi products, liquidity providers, IDO's etc... but while the cycles and subcycles deflate, what remains in the wallets of the experienced are BITCOINS and what remains in the exchanges are mainly the rest of the shitcoins and, above all, a lot, a lot of TETHER to continue extracting the "GOLD" of our time.
In addition, announcements like the one recently produced by the Canadian government are helping even more to withdraw BTC from exchanges...
Remember, not your keys not your BITCOIN.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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