After the Crash, Why is No One Buying the Dip?

Perhaps it's despair; after each crash, most people feel that there is no hope left in this market, and many are cutting their losses, with only a few buying the dip.

In fact, the three most notorious 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 a low of $2900, and if you bought the dip, it rose to $20,000 in just three months, nearly a 7-fold increase in three months.

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

The gains of altcoins were also quite exaggerated.

March 12, 2020,

Bitcoin fell to $3800, and just over a month later, it broke $10,000 again, rising to nearly $30,000 by the end of the year, a 7-fold increase before the year-end as if it were a piece of cake.

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

Altcoins also performed well.

May 19, 2021,

Bitcoin dropped from $65,000 to $30,000 in a week, and if you bought the dip, it rose to nearly $70,000 in less than half a year.

Ethereum dropped to $1760 and rose to $4870 in less than half a year; buying it means making a profit.

Are you still afraid of crashes?

Crashes are the real opportunities.

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