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Author Topic: March has always been best month for BTC with 30% gains the last years  (Read 197 times)
blockman
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April 02, 2021, 06:09:25 AM
 #21

You should have bought it a few months ago when it has dropped to $30k when everyone had thought that it will continue to plunge to $10k-20k but it didn't.
March has passed and that changed the perspective of everyone because many are still looking at the past years month of March.

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April 02, 2021, 05:12:34 PM
 #22

Its all relative, the month itself might be bad but if you can buy into the lowest price in a bad month you will still a gain to the highest price overall.   It seems smartest overall to be a buyer in the most negative month, so long as price action is positive in other months of the year then the chances are higher of a gain.   

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April 02, 2021, 05:32:31 PM
 #23



Here is the history for Bitcoin monthly returns since the year 2011.
For me, March is the worst, bloody March, if you look at the data, only 3 out of 11 March is the positive return for Bitcoin.
I am much excited for this month which is April which became a correction month for bloody March in previous years.

It's nice when people are able to put even a bit of effort into their posts, as the OP clearly did not do when coming up with the premise for this thread. You however have posted something that is very interesting and is quite an eye opener. I guess the March just gone was rather an anomaly, however it is hard to extrapolate anything useful out of 10 years worth of data. The repeated actions of the 12 months over a period of 10 years could simply be random coincidence, it will be slightly more useful once we have 50 or even a hundred years worth of data to look back on. Quantum computing might make Bitcoin obsolete by that point, however it would be making most banking security systems in their current form obsolete too.

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April 02, 2021, 07:14:06 PM
 #24

This march hasn't been "that" different, I am sure it was alright for many of us, it was around 47k or something like that if my memory serves right and now we are nearly at 60k so we can say that we did increased a lot and I am quite happy about that. But I do not think that we have increased as much as some of the previous months, plus this was a recovery as well, we were already doing great at 58k until we dropped to 43k, so it was just a recovery.

It is still great though, I am not complaining because I am quite happy about the increases, I just do not think that it is as much as many people suggest. In the end if we keep this increases going for April and may as well, this summer will be amazing and we may end up with something incredible, like maybe reach 100k and even 150k depending on how long this bull run could continue.

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