Michael on Nostr: Miners have to pay their bills every month, so they need to sell part of their mined ...
Miners have to pay their bills every month, so they need to sell part of their mined Bitcoin holdings. This would, theoretically, put downward pressure on Bitcoin prices each month. Therefore, investors might think they just need to wait each month for Bitcoin to reach their desired price. But does waiting actually lead to a lower price over time? What is wrong with this assumption?
Published at
2024-11-09 09:21:21Event JSON
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"content": "Miners have to pay their bills every month, so they need to sell part of their mined Bitcoin holdings. This would, theoretically, put downward pressure on Bitcoin prices each month. Therefore, investors might think they just need to wait each month for Bitcoin to reach their desired price. But does waiting actually lead to a lower price over time? What is wrong with this assumption?",
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