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Are Bitcoin Miners Selling The Bottom? – Bitcoin Magazine

Buy low then promote excessive is one of the crucial primary parts of funding recommendation within the historical past of monetary markets. Bitcoin is now 10 months into its current bear market cycle, and loads of buyers and corporations that didn’t “sell high” are in all probability regretting it.

Miners stand other than all different market individuals, nonetheless, as a result of they are in impact all the time shopping for (paying for electrical energy to earn extra bitcoin) and, relying on their company technique, all the time promoting, too (promoting bitcoin to pay for capital bills and working prices).


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