"Looking back at the big crash in the cryptocurrency circle on March 12: Newcomers are timid, but veterans are calm!"

Today, let's talk about the "Dark 312" in the history of the cryptocurrency circle - the major crash on March 12, 2020, so that those who have just entered the cryptocurrency circle can experience the storms and waves of the cryptocurrency circle.

March 8: Bitcoin suddenly fell from $9,200 to $8,300, and ETH fell from $250 to $210. Everyone felt that this was a great opportunity to buy at the bottom!

March 9: Bitcoin fell again from $8,300 to $7,700, and ETH also fell from $210 to $190. After falling for two consecutive days, everyone began to believe that it was cost-effective and continued to buy at the bottom!

March 10 and 11: The market fluctuated, and everyone was bullish and bought heavily, thinking that this time it was stable.

March 12: The plot took a dramatic turn. Bitcoin plummeted from $8,000 to $5,500 in one day, and ETH plummeted from $200 to $120, a drop of 31% and 40% respectively! The altcoins fell even more dizzyingly, and the 312 incident was born.

March 13: Bitcoin and ETH continued to fall, and everyone basically collapsed. Friends who were engaged in contracts, whether they were long or short, all had their positions liquidated, which was truly "everything back to zero".

Joke moment:

Newcomer: "Oh, what's going on in the cryptocurrency world?"

Old bird: "Calm down, this is all about tempering."

Market: "Do you think this is the end? No, this is just the beginning

#PHRYGES of the sol chain are in full circulation, and community autonomy is in full swing. Half of the tokens have been destroyed. Although they have experienced two heavy blows to zero, there is still a group of like-minded community volunteers who are unwavering and always stick to doing things. Since there is no way out, it will definitely soar to the sky!