There is a scary day in the cryptocurrency world, March 12th. Just mentioning it makes experienced investors feel uneasy, while newcomers might not know what’s so special about this date and are just hoping for stock prices to rise. But for those of us who have been through it, that day is known as the day of 'massive losses'.

Five years ago, on March 12th, 2020, something big happened in the cryptocurrency world. The market collapsed suddenly, and many people's wallets were completely emptied, along with their dreams. I had a friend who invested all his savings, thinking he could make a fortune. As a result, he lost eighty percent of his money that day and was left in shock. I was no exception; I had also planned to invest and buy a car, but that plan fell through as well.

Although sometimes history seems to repeat itself, I believe it won't happen this time. The cryptocurrency market is more regulated now, and investors have become smarter, no longer following trends blindly. Having experienced that painful event, we have all learned to be cautious and to have a plan when investing.

The market changes, and our investment strategies must adapt accordingly. We can no longer view new things through an old lens. Although the thought of March 12th still makes me uncomfortable, I have learned a lot from that lesson and am now more cautious in my investments.

Overall, the cryptocurrency industry carries great risks but also many opportunities. As long as we remain clear-headed and don't act recklessly, we can still reap the benefits. What’s past is past; what matters is the present and the future. We need to invest wisely and not let temporary fluctuations cloud our judgment.