The world’s largest digital asset manager, Grayscale Investments, is convinced that attempting to time the Bitcoin ($BTC) market is quite often a fruitless endeavour.
In a recent publication titled “$BTC’s Hidden Risk: The “Out-of-Market” Opportunity,” the company noted that multi-year returns are highly dependent on a short window of high performance days.
Timing Bitcoin is a losing game: Grayscale
Citing Blockchain media company ME Group, Grayscale says Bitcoin gave about a 225% return on investment (ROI) in the past 3 years, as compared to the less volatile Nasdaq, which gave 109%.
