Emotions are like a big spring. The harder it is squeezed in the early stage, the stronger the rebound will be. After each plunge, most people feel that the market is hopeless and sell their stocks at a loss. Few people dare to buy at the bottom. However, history has proved that those who buy at the bottom against human nature often reap rich rewards.
In 17 years, 94, the price of Bitcoin fell to 2900 dollars. If you bought at the bottom at that time, it would rise to 20,000 dollars in just three months, nearly 7 times the return. Ethereum soared from 200 dollars to 1400 dollars, also a 7-fold increase. The performance of altcoins is also extremely exaggerated.
In 20 years, 312, Bitcoin fell to 3800 dollars, returned to 10,000 dollars in more than a month, and rose to 30,000 dollars at the end of the year, and the 7-fold increase was easily achieved. Ethereum rose from 87 dollars to 1000 dollars at the end of the year, an increase of more than 10 times.