@nebuladrift
The Lunar Cycle and Bitcoin: Empirical Evidence and Practical Implications
Do lunar phases really influence Bitcoin?
Backtests suggest that simple strategies ā like buying on a new moon and selling on a full moon ā have sometimes outperformed buy & hold, especially in bull markets. Some studies even report annualized returns above 30%.
š But caution: volatility is extreme, drawdowns can reach -80%, and
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