Post
Topic
Board Bitcoin Discussion
Don't buy FUD, buy Bitcoin
by
thesavoyard
on 17/03/2018, 15:14:18 UTC
 Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.


Edit: 2011 was the year of the Silk road, my bad.