RE: LeoThread 2024-11-10 03:05
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I have tasted them all.
April 2013: Bitcoin's price dropped by -83%, from around $260 to $50
December 2013: The price fell by over -50%, peaking at around $1,151 before dropping significantly after China imposed restrictions
December 2017 - February 2018: A period referred as "Crypto Winter," where Bitcoin's price fell from about $19,497 to around $3,200, decline of -83%
2022 Crash: Bitcoin experienced a drop from $69,044 in November 2021 to around $19,047 by June 2022. A loss of nearly -70% of its value, marking the largest absolute dollar loss in crypto history
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I got in right at the start of the crypto winter of 2018, crazy year, thank god I was able to learn fast and got out at 6k before the drop to 3k, while everyone was seeing their portfolios wiped, I was in USDT ready to deploy capital at the first sign of a reversal, which I did at the bottom.
Family called me crazy because I had already seen my portfolio going down so much and I was still deploying capital to the market, what they didn't know is that it was all in on USDT waiting for the right price.
Now they have joined in and listen to me, which has made them 6 figures in 5 years (could have made them more if they had deployed more capital when I told them, but the bear market of 2021-2022 FUD got to them xD).
Bitcoin is making history! 🔥
Crazy ..! Did you keep on holding in all the crashes ?
Yes. Sure. Nothing but HODL. And buy moar
Thats Great .!!
You have been a long time HODLer, and yu have had that strong foresight and experience to witness it restrospectively.