Today YouTube showed me a data driven analysis of stock and crypto prices by season, from the Lark Davis channel which has 634K subscribers. That's a high number of subscribers for a crypto channel. That doesn't mean everything they say is golden but it domes mean that lots of other people are watching their videos. This one got over 13K views in 6 hours!
My summary of the video:
Looking back at 34 years of data, stocks gain an average of 2% from May to October, and average a gain of 7% from November to April.
Looking back at 10 years of data on Bitcoin prices, it gains an average of 55% in May to October, and has an average a gain of 57% from November to April. Same All Year! So maybe Don't Sell in May.
Crypto is volatile and there are headwinds and tailwinds to the Bitcoin price right now. But the big losers are those in fiat as inflation continually decreases its buying power over time.
Watch the entire 8 minute video for the details and additional supporting commentary. If you like Lark Davis then subscribe to his YouTube channel!
Source:
My Activity
number for today was another winner! Over 10K again. Even over 11k today. I had some chores to do which got me off to a good start in my step count today.
Then I went to a party and moved around to the music for a while. Also I was good and didn't each much party food or drink any alcohol.
At night I went out for my standard nightly walk. The moon is high in the sky and approaching full status. I think it hits peak fullness in 3 days. It got a little chilly by the time I walked so I equipped the white light hoodie to my non-virtual character. I went a bit further than usual and got this nice number.
I hope your Friday was a Fri-YAY!
Happy Weekend My Friends!!! ❤️❤️❤️❤️❤️
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
