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For those who trade cryptocurrencies, the cautionary statistics on BSV's underperformance since November 2018 reveal an annualized decline of 15.7%. This bleak average suggests that those investing in BSV could face compounded losses over time unless they employ tactical trading strategies.
Trading Strategies for Bitcoin SV
For individuals determined to engage with Bitcoin SV, the article proposes a trend-following trading strategy. This involves monitoring moving averages: purchasing BSV when its price exceeds a moving average and selling (or shorting) it when the price dips below the average.