You may have heard that there is a golden rule in the investment world: you only need to seize one opportunity, and you may easily double your assets. The following report gives us a warning!
Source: cryptoslate
It tells us that in the 365-day historical performance of Bitcoin in a year, if the 10 days with the largest increase are excluded, the performance of Bitcoin in the remaining 355 days may be sideways or negative returns, which will hardly bring significant results. income.
Investment strategy: Continuous DCA
What I want to tell you is, don't try to predict the direction of the market. Because in 365 days of the year, only 10 days of surge are the most profitable. If you don't hold any positions now, always want to wait for the lowest point to buy, or sell all your positions at the high point you think, then you are likely to miss the best rise in these 10 days.