Image Recognition
That means we also won’t end up like 90% of the frustrated crypto traders staring bleary-eyed at their account balances. According to Glassnode, 88.3% of short-term Bitcoin traders – those not holding coins longer than 155 days – are underwater. In other words, essentially 90% of crypto traders are sitting on losses, ranging from minor to double-digits or more. A lot of traders – especially Bitcoin and crypto traders – love the “Buy High, Sell Higher” strategy. What’s interesting to note: The years of gains were 2017 (part of the two-year reward-halving bull market), and 2020 and 2021 (two years of the reward-halving bull market).