Do not try to trade your sats. If you need to get rid of them, donate and zap. Or buy something you really need. Besides that, just stack as @npub1qny3...95gx says. My buddies try to trade Bitcoin. This is what I told them…..
Say your timing was so good, that you bought on the virtual low of the last bear market. You allocated at the end of the year. 31-Dec-2022 : you bought one Bitcoin at $16.5 k.
Today PnL is circa $88 k
Since then, on 761 samples.
Positive on 391 days
Negative on 325 days
404 days it moves < +/- 1 %. (56% of the time).
Top 20 days : $84 k PnL
Bottom 20 days : -$66 k PnL
So you need to be in the market to capture all the big days or you’re screwed. (You will capture the down days also of course).
You also need to be in the market to accrue all the small positive increments overtime.
Anyone who thinks they can outperform this is not looking at the numbers.
The top 5 days are +30k. You miss these but get the down days and it’s game over.
