Intuitive Guy☯️⚡ on Nostr: Unpopular opinion: Long Term Holder in #bitcoin onchain is misleading in terms IMHO ...
Unpopular opinion:
Long Term Holder in #bitcoin onchain is misleading in terms IMHO because an onchain address became "Long Hold Term" after only six months of holding sats inside. That's not enough in my opinion
Holding for 6 months during a bull market is not like holding 6 months in a bear market, and having maybe other statistics for that like, 12 months Long term Holder and even 24 months long term holder could give much more infos about supply moving and real holders selling.
I know coin's spent days helps with that, but is a total different metric I think.
Long Term Holder in #bitcoin onchain is misleading in terms IMHO because an onchain address became "Long Hold Term" after only six months of holding sats inside. That's not enough in my opinion
Holding for 6 months during a bull market is not like holding 6 months in a bear market, and having maybe other statistics for that like, 12 months Long term Holder and even 24 months long term holder could give much more infos about supply moving and real holders selling.
I know coin's spent days helps with that, but is a total different metric I think.