Counting the growth trajectory of Bitcoin, from its initial emergence in 2014, to the lows of 2016, then to the countertrend rally after the 2017 ban storm, and finally the long bottoming process in 2018-2019. Each stage tests the psychological resilience of participants.
What is truly unforgettable is the extreme market event in March 2020 — within one day, Bitcoin's price dropped over 50%. Miners panicked and shut down en masse, with prices even falling near $3,000. At that moment, the entire market was shrouded in despair, even the most steadfast believers questioned: Does this thing have a future? I still remember that waterfall-like candlestick, and the cold sweat on my back was real.
Looking at the current 2022-2025 market, despite fluctuations, the overall opportunity remains abundant. Ethereum stays above $2,850, with clear asset rotation. Tenfold, hundredfold declines in altcoins? That's nothing new; it has happened before in history, only the screening process is more challenging.
History may not repeat itself, but the experiences and lessons accumulated are enough to guide us to move steadily through market cycles.
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BearMarketSurvivor
· 1h ago
I've also experienced that waterfall candlestick, and even now it still casts a shadow.
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JustHereForMemes
· 7h ago
That wave in March directly caused my bankruptcy, and I'm still recovering now.
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ShortingEnthusiast
· 7h ago
In March 2020, I went all-in and bottomed out directly. Thinking back now, it still feels great.
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ZKProofEnthusiast
· 8h ago
I sold off during the March wave and ran away; I'm still regretting it now...
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WalletDoomsDay
· 8h ago
That wave in 20 years was really terrifying. I still remember trembling hands on the day it hit $3,000.
View OriginalReply0
SilentObserver
· 8h ago
The wave in March 2020 was truly intense. I saw the mining machines shut down with my own eyes... Now I actually feel there's nothing to be afraid of.
Counting the growth trajectory of Bitcoin, from its initial emergence in 2014, to the lows of 2016, then to the countertrend rally after the 2017 ban storm, and finally the long bottoming process in 2018-2019. Each stage tests the psychological resilience of participants.
What is truly unforgettable is the extreme market event in March 2020 — within one day, Bitcoin's price dropped over 50%. Miners panicked and shut down en masse, with prices even falling near $3,000. At that moment, the entire market was shrouded in despair, even the most steadfast believers questioned: Does this thing have a future? I still remember that waterfall-like candlestick, and the cold sweat on my back was real.
Looking at the current 2022-2025 market, despite fluctuations, the overall opportunity remains abundant. Ethereum stays above $2,850, with clear asset rotation. Tenfold, hundredfold declines in altcoins? That's nothing new; it has happened before in history, only the screening process is more challenging.
History may not repeat itself, but the experiences and lessons accumulated are enough to guide us to move steadily through market cycles.