‘Sell in May’ Wall Street Adage Doesn’t Apply to Bitcoin, Data Suggests

‘Sell in May’ Wall Street Adage Doesn’t Apply to Bitcoin, Data Suggests

The old Wall Street maxim “sell in May and go away” is detrimental to bitcoin investors, market data from Messari suggests. The largest cryptocurrency generated positive returns during eight of the past 10 Mays, outperforming its monthly average for that year during six of them.  “Sell in May” refers to an old investment strategy that …

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