Peter Lynch: Trying to buy a declining stock is like trying to catch a falling knife.

Not only will you fail to grasp it, but it will injure your hand and cause severe pain because you grasp it in the wrong place.

Generally speaking, a safer way is to wait for the knife to fall to the ground, plunge it into the ground, and then stop shaking for a while. At this time, it is not too late to grab the knife.

For now, Grayscale is that knife.

GrayScale continued selling Bitcoin yesterday, moving $588 million worth of Bitcoin to CoinBase, bringing their total deposits on the exchange to 79,213 BTC worth $3.2 billion since the ETF was approved.

Grayscale currently has a balance of 535,755 BTC, worth 20.6 billion.

If grayscale selling does not stop, it will be difficult for the market to rise #BTC