Bitcoin Trading Strategy During Tax Season

I’ve noticed something interesting every year... from November to January, Bitcoin takes a dive. Then it keeps dropping till around April. After tax returns start rolling in, it’s like the cash flows back to the market. Been playing this cycle for years now, and it’s pretty consistent. I stick to 10-20x use, and only trade Bitcoin. Why? Because I think Bitcoin is the king of crypto. What do you guys think?

Yeah, I’ve seen that trend too. It’s like clockwork. But isn’t it risky to rely on that? What if this year is different?

+1, totally agree. The pattern is pretty clear, but you can’t ignore the risks.

I’m not so sure about the use part tho. 10-20x can get you rekt real quick.

True, but if you play it smart and time it right... it can pay off big time.

I’ve heard some people say that tax season actually makes the market more volatile. Anyone feel that way?

Not really, I think once the checks hit, it usually stabilizes the market. More buyers come in.

So you think it’s a safe bet during tax time? I’m kinda new to this.

Well, nothing’s ever guaranteed in crypto, but it’s worth a shot if you do your homework.

What about altcoins? Anyone trade those during this period?

I stick to Bitcoin. Altcoins can be too unpredictable, especially with tax season vibes.

I get that. Just trying to diversify, you know?