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Open original source ↗When extraordinary returns might just not be enough.
(2) And despite the HODL narrative, crypto investors are traders, turning over their entire crypto portfolios every 6-7 weeks, if Coinbase’s 1Q data is representative ($400B of transaction volume on $200B of AUC). That’s similar to $MSTR and $TSLA share turnover(not a surprise).
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Would you be able to hodl your bitcoin if it grinds up slowly, $30,000-$50,000 every 6 months for the next decade. No blow off tops, shallow dips less than 25-40%, up and to the right with a controlled institutional bid.
TheBTCTherapist ↗