Major Dumps in Bitcoin History and What to learn from there?
1 Answer
jackg
There is still a chance we drop further too from this current cycle but weak hands will still make the highest losses regardless (and there's a limit to how much further we can fall).It's notable too that most of these aren't instantaneous drops as a lot of newbies would imagine. Bitcoin has spent a long time to reach these -80% in price so that suggests there's support for bitcoin in the worst of scenarios and people still willing to buy the coin at half its ath even after a bit of a fall will come as a surprise to many too.
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