1Mo·

It's extremely important to know that no one is going to teach you about crypto! 💡

In most years, the profits of Bitcoin $BTC (-1,93 %) come largely from just the 10 best trading days. In fact, if you exclude those best 10 trading days, Bitcoin is in the red. 📉


Look at this year, for example. Most of the gains took place in the short period at the beginning of the year and now. In the meantime, it has traded sideways in the many months from April to November.

The moral of the story: despite the Fear & Greed Index reaching almost 90, don't think you can time the market because most of Bitcoin's gains happen in a short period of time. That's why a long-term buy and hold strategy will always perform better than trying to time the market. Simply missing that small window of opportunity will leave you flat or negative. 🚀

$MSTR (+8,98 %)
$BTC (-1,93 %)
$COIN (+0,27 %)
$BCH (-2,31 %)

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5 Commentaires

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This is exactly why you get annoyed afterwards in the vast majority of cases if you think you can time the market and try to buy/sell depending on the chart. In the long term, buy & hold is simply the best way to go
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After your first sentence, you're trying, aren't you?

Your conclusion that because of the 10 best days B&H always beats market timing in the long run is too short sighted.

Correct would be: A successful strategy must ensure that it is invested these 10 best days.

The simplest strategy for this is B&H. Problem: you then also take the 10 worst days with you.

If you had done a little more research for your article, you would know that the probability of the 10 best days above the 200-day line is significantly higher than below it. So a simple trend-following strategy also works.

If you think about it, the only reason left for B&H is the tax.
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