Diving into the world of Bitcoin investments through the eyes of various cohorts reveals patterns and behaviors that defy market expectations. A meticulous analysis of withdrawal trends and cost basis across years showcases not just a growing confidence in Bitcoin as an investment but also highlights strategic financial positions that could either spell out significant gains or pronounced resilience in the face of market volatility. Especially striking is the transformation observed in the 2024 cohort, whose average profit margin paints a picture of optimism and strategic investment acumen. But the journey of the 2021 cohort, with their ability to reduce their cost basis amidst fluctuating market conditions, raises a pivotal question: How did they achieve such a feat, and what does this imply for the future of Bitcoin investing?
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