drgo on Nostr: Ever hear of Bitcoin MVRV? It’s the ratio of what utxo’s are worth now to what ...
Ever hear of Bitcoin MVRV? It’s the ratio of what utxo’s are worth now to what they were when they last moved, on average.
Historically, MVRV reaches about 5 and lots of selling occurs.
This is why many who were early to bitcoin aren’t rich. A 5x on a big investment is nice but not world changing. A 25x will almost always come with a much smaller investment. Surviving 8 five-baggers is exceedingly rare.
Historically, MVRV reaches about 5 and lots of selling occurs.
This is why many who were early to bitcoin aren’t rich. A 5x on a big investment is nice but not world changing. A 25x will almost always come with a much smaller investment. Surviving 8 five-baggers is exceedingly rare.