Waiting for a 30% Bitcoin Dip Backfired in 61% of Tested Cases
Bitcoin buyers in a test of 216 highs would have paid more after a 30% crash than at the earlier high in most cases. Successful waits brought a median 19% discount; failed waits, a median 76% premium. Why a Bitcoin Crash Still Led to a Higher Purchase Price A bitcoin buyer could wait for a […]
Key Takeaways
- Bitcoin buyers in a test of 216 highs would have paid more after a 30% crash than at the earlier high in most cases.
- Successful waits brought a median 19% discount; failed waits, a median 76% premium.
- Why a Bitcoin Crash Still Led to a Higher Purchase Price A bitcoin buyer could wait for a […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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