Bitcoin will fall more than 40% this year, Bitcoin investors need to wait patiently
Thomas Lee is a bitcoin advocate with years of experience as a stock analyst. On Thursday (March 29), he warned Bitcoin investors that after a 40% drop this year, they need to wait patiently.
On Wednesday, Thomas J. Thomas, former chief stock strategist at JP Morgan Chase, wrote in a report: "Traditional stock investment usually discourages market timing. If investors miss the 10 best days of the year, then the annualized rate of return fell from 9.2% to 5.4% (not the best 10 days.) In other words, the buying and holding of stocks was missed the opportunity cost of the 10 best trading days. "
Fundstrat, Ltd. Free Join Advisors LLC. management partner and research director Thomas wrote that if an investor missed the best year for 10-bit currency trading days, its annual rate of return decreased by 25%. On average, Bitcoin declines every year except for the 10 best trading days. He said that because there are several days each year for Bitcoin to obtain most of its revenue, holding it is a wise choice.
This may give some comfort to those who promised HODL - HODL was a fanatical trader who misspelled a request to hold a token in an earlier crash and later became a Bitcoin purist Oral language.
Your analysis looks pretty accurate, I have the same thoughts. By the way I think we just entered in the alts year, have a look on TRX, XVG,... Just scaling!
thanks for your support. if you really like this useful information then you can upvote and follow me for future updates.
thanks again.
Brother sorry i upvote you
dont be sorry friend.
and thanks for your support.
over here we are about on similar level. everybody is trying their best to create a useful profile which benefits others. in the start, people might make mistakes. but this is just a humble request to please ignore mistakes of beginners and let them give some space to stable and fight with big whales here. many thanks for your coordination
I give you some tips you use discord join discord and register on it watch vedio about dicord comments on high rank peoples heavy commnts thank you
thats great, i will check it
thanks again
Thanks for info. I think bitcoin price will rise again between November to December.
yea i think so, but the question is, will it stay on that level?