After the Crash, Why Is No One Buying the Dip?
Because of despair, after each crash, most people feel that there is no hope for this market, and most people are cutting losses, with few buying the dip.
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 the crowd and buy the dip?
In the week of September 4, 2017
Bitcoin dropped to as low as $2900, if you bought the dip, just three months later it rose to $20,000, nearly a 7-fold increase in three months
Ethereum rose from $200 to $1400 in three months, more than a 7-fold increase
The gains of altcoins were similarly exaggerated
March 12, 2020
Bitcoin dropped to $3800, just over a month later Bitcoin broke $10,000 again, and by the end of the year, it nearly rose to $30,000, a 7-fold increase before the end of the year was like taking candy from a baby
Ethereum dropped to $87, and by the end of the year it was nearly $1000, a tenfold increase was easy
Altcoins also performed well
May 19, 2021
Bitcoin dropped from $65,000 to $30,000 in one week, if you bought the dip, in less than half a year Bitcoin rose to nearly $70,000
Ethereum dropped to $1760, and within half a year rose to $4870, buying the dip means making a profit.
Are you still afraid of crashes?
Crashes are the real opportunity.