02-05-2022, 05:15 AM
Seven previous BTC crashes of more than 50% tell us that BTC will come back stronger.
<!-- SC_OFF --><div class="md"><p>I am not saying that history repeats itself, but the past can teach us to look at the future in the other way. </p> <p>When the panic subsides, logical thinking will prevail. And that logical thinking is the purchase of encrypted, decentralized P2P money that is resistant to centralization, and any kind of censorship. </p> <p>Money plays a key role, but without this technology none of us would be here today. </p> <p><em>Bitcoin previous crashes.</em></p> <p><strong>June 2011: BTC -92%</strong> </p> <p><strong>August 2012: -50%</strong> </p> <p><strong>April 2013: -83%</strong> </p> <p><strong>December 2013: -54%</strong> </p> <p><strong>December 2017 - December 2018: -83%</strong> </p> <p><strong>March 2020: -60%</strong> </p> <p><strong>May 2021: -50%</strong> </p> <p><strong>November 2021 - January 2022: -50%</strong> </p> <p>​</p> <p>The key to making a profit in BTC is patience.</p> <p>It may take time but after each crash BTC came back only stronger. And I believe this time that will be the case again. No, it is not different this time.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sk97ax/seven_previous_btc_crashes_of_more_than_50_tell/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sk97ax/seven_previous_btc_crashes_of_more_than_50_tell/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am not saying that history repeats itself, but the past can teach us to look at the future in the other way. </p> <p>When the panic subsides, logical thinking will prevail. And that logical thinking is the purchase of encrypted, decentralized P2P money that is resistant to centralization, and any kind of censorship. </p> <p>Money plays a key role, but without this technology none of us would be here today. </p> <p><em>Bitcoin previous crashes.</em></p> <p><strong>June 2011: BTC -92%</strong> </p> <p><strong>August 2012: -50%</strong> </p> <p><strong>April 2013: -83%</strong> </p> <p><strong>December 2013: -54%</strong> </p> <p><strong>December 2017 - December 2018: -83%</strong> </p> <p><strong>March 2020: -60%</strong> </p> <p><strong>May 2021: -50%</strong> </p> <p><strong>November 2021 - January 2022: -50%</strong> </p> <p>​</p> <p>The key to making a profit in BTC is patience.</p> <p>It may take time but after each crash BTC came back only stronger. And I believe this time that will be the case again. No, it is not different this time.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sk97ax/seven_previous_btc_crashes_of_more_than_50_tell/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sk97ax/seven_previous_btc_crashes_of_more_than_50_tell/">[comments]</a></span>Kind Regards R