Earlier today I was contacted by a friend, who bought Bitcoin some time ago. Pleased with the latest price rises, they wanted my advice on how to send their Bitcoin back to Coinbase, to sell some so they could buy it back when the price goes lower.
I cover this in my book.
Chapter five on Acquisition explains how and why this ‘pattern’ occurs and the dynamics behind it.
In the image below you can see what happened the last time Bitcoin’s all-time high was reached in January 2017. Indicated by the blue line.
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