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comment by mk
mk  ·  1368 days ago  ·  link  ·    ·  parent  ·  post: How to Bitcoin by mk

Thanks. I had a feeling that someone would check my math.





wasoxygen  ·  1368 days ago  ·  link  ·  

I didn’t mean to nitpick your numbers, but wanted to check for hindsight bias. Would your program have looked appealing in 2011?

The halving might make Bitcoin less attractive, so selling before and buying after is logical. But why 1 year before and 1.5 years after? Those magic numbers suggest some after-the-fact strategizing.

I suggest trying one year before and after, or 1.5 years before and after, or other combinations, and see if they often do better than a simple buy and hold strategy.

Here’s a handy Google Spreadsheets formula:

  =INDEX(GOOGLEFINANCE("CURRENCY:BTCUSD","price",A7),2,2)