BlockBeats News, August 21st, Tom Lee posted on the X platform, suggesting that investors waiting for the crypto market bottom in October need to reassess their timing risk. He referenced Fundstrat's "Bitcoin Rule of 10 Best Days," pointing out that Bitcoin's long-term gains are highly concentrated in a few trading days.
Tom Lee noted that historical data shows that most of Bitcoin's gains come from the top 10 trading days of the year. If holders miss these 10 days, their investment returns could significantly decrease. The data shows that capturing Bitcoin's 10 best trading days results in a cumulative return of about 162%, while excluding these 10 days leads to a return of -14%.
"This week has already become one of these 10 best trading days. Long-term investors should choose to hold (HODL) rather than trying to time the bottom accurately," Tom Lee stated.
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