Looking back, the cryptocurrency market has experienced several unforgettable crashes, specifically on September 4, 2017, March 12, 2020, and May 19, 2021, each of which left investors in shock. During these market crashes, pessimism spread everywhere, and many lost confidence in the market, even thinking that the prospects for cryptocurrency were bleak.
However, it is precisely during these desperate times that those investors who dared to go against the market unexpectedly found opportunities for gains.
Take the crash on September 4, 2017, as an example; Bitcoin's price fell to $2,900 in a week, but three months later, the price surged to $20,000, an increase of nearly 700%. Ethereum also skyrocketed from $200 to $1,400, showing astonishing gains. Other altcoins also exhibited strong upward momentum.
By March 12, 2020, Bitcoin's price plummeted again, dropping to $3,800. However, just over a month later, the price broke through $10,000 and soared to nearly $30,000 by the end of the year, with a gain of up to 700%. Ethereum rose from $87 to nearly $1,000, with an increase of over 1,000%. Altcoins also performed well, bringing substantial returns to investors.
On May 19, 2021, Bitcoin fell from $65,000 to $30,000 in a week. For those who dared to enter the market at that time, less than six months later, Bitcoin's price rose again to nearly $70,000. Ethereum also climbed from $1,760 to $4,870, providing investors with considerable returns.
These historical data show us a fact: market crashes are not to be feared; they are often a necessary result of market adjustments and purges, and real investment opportunities often lie hidden within these despair and panic. Those who dare to enter the market after a crash often seize the opportunity to benefit from the market rebound, thus gaining generous returns.
In a bull market, what tests us is not just the rise and fall of the market but also our mindset. In the face of account fluctuations, we need to remain rational. Next, I will share some promising coins that have not yet been launched internally. Observe the market, and let’s position ourselves for the entire bull market; rather than blindly guessing, let’s seize the opportunity!