Chinese New Year Bitcoin Trade Is Guaranteed Profit, Researchers Say

Does an average 9% return on investment sound attractive?

As it turns out, this is exactly what the Chinese New Year has had in store for Bitcoin investors for the past eight years, according to a new report by digital assets financial services platform Matrixport.

“Buying Bitcoin at the end of the first day of Chinese New Year and selling it 10 trading days later would have returned +9%, on average, with all of the last eight years (2015-2022) showing positive returns,” Markus Thielen,…


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