Emotions are like a spring. The tighter it is pressed in the early stage, the stronger it will rebound in the later stage. After each big drop, many people lost confidence in the market and stopped losses and left the market. Few people dared to buy at low prices.
However, history has repeatedly proved that those who dare to go against the trend and buy at the bottom in panic often get rich returns.
For example, during the "94" incident in 2017, Bitcoin once fell to $2,900. If it was bought at the bottom at that time, it would have risen to nearly $20,000 three months later, with a return of nearly 7 times. Ethereum soared from $200 to $1,400, an increase of 7 times. The performance of altcoins is even more amazing.
Looking at March 12, 2020, Bitcoin fell to $3,800, rebounded to $10,000 in less than two months, and even rose to $30,000 at the end of the year, easily earning 7 times the return. Ethereum rose from $87 to $1,000 at the end of the year, an increase of more than 10 times.
