Bitcoin (CRYPTO: BTC) investor Simon Dixon says the best time to accumulate is when nobody cares, warning that retail attention has waned while institutions consolidate power through ETFs and treasury companies.
The Attention Cycle
Dixon has been in Bitcoin since $3 in 2011 and says the pattern never changes. People get Bitcoin when they have to, usually during disasters.
The Cyprus bailouts in 2013, the European debt crisis, and Operation Chokepoint 2.0 all drove adoption spikes.
“Bitcoin gets adoption through disaster. It’s always been that way,” Dixon told Natalie Brunell on Coin Stories.
“That corrects the price and then people run away and start selling their Bitcoin at the bottom,” he added.
The saddest thing is the best time to accumulate is when nobody cares, he explained. The worst time to accumulate is when everyone cares.
The Institutional Capture
Dixon warns that Wall Street is trying to …