After the Crash, Why Is No One Bottom Fishing?

Because of despair, after every crash, most people feel there is no hope for the market, and most are cutting losses, with only a few bottom fishing.

In fact, the three most famous crashes

September 4, 2017 March 12, 2020 May 19, 2021

When everyone is cursing and cutting losses, what kind of retribution will you face if you go against human nature and bottom fish?

In the week of September 4, 2017

Bitcoin fell to as low as $2900, if you bottom-fished, it only took three months to rise to $20,000, a nearly 7-fold increase in three months.

Ethereum rose from $200 to $1400 in three months, an increase of more than 7 times.

The gains of altcoins were also exaggerated.

March 12, 2020

Bitcoin fell to $3800, in just over a month, Bitcoin broke $10,000 again, and by the end of the year, it nearly rose to $30,000, with a 7-fold increase before year-end being like taking candy from a baby.

Ethereum fell to $87, and by the end of the year, it was nearly $1000, easily a dozen times.

Altcoins also performed well.

May 19, 2021

Bitcoin fell from $65,000 to $30,000 in a week; if you bottom-fished, Bitcoin rose to nearly $70,000 in less than half a year.

Ethereum dropped to $1760, and in less than half a year, it rose to $4870; if you bottom-fished, you made a profit.

Are you still afraid of crashes?

Crashes are the real opportunities.

The cryptocurrency market is full of uncertainty and challenges, but also contains potential opportunities. Investors participating in cryptocurrency investments should fully understand the relevant risks, remain calm and rational, and adopt a prudent strategy to cope with market changes!

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