Manage episode 521768877 series 3609787
We analyze Bitcoin's historical holiday performance from 2012-2024, revealing that Thanksgiving-to-Christmas returns are a perfect 50/50 coin toss. We break down why 2017's spectacular bull run spoiled expectations, how the COVID-era 2020 produced the GOAT Thanksgiving shill with 69% gains, and why dollar cost averaging is the only advice worth giving your skeptical relatives. Plus: practical strategies for orange pilling family without ruining dinner.
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Notes:
• Bitcoin 50/50 up or down Thanksgiving to Christmas
• 2020 had 69% gain, best holiday performance ever
• 2017 bull run was 50% gains in one month
• 1 in 7 Americans now own Bitcoin
• Dollar cost averaging recommended strategy
• ETFs make onboarding boomers easier now
Timestamps:
00:00 Start
00:25 It's all about family
03:34 Past holiday returns
06:24 2017 & 2020 holiday markets
07:52 FTX
12:52 Akshually, the returns average 6%
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158 episodes