$BTC "the challenger" of the financial system, has faced many "faceplants" that made many "faint-hearted" run away. But those falls have created the legend of the "Phoenix rising" 🦅
Looking back at the history of "crashes" and "resurrections":
🔥2011 (-93%): Mt.Gox exchange was hacked, trust evaporated, Bitcoin was ridiculed. But just 2 years later, the price increased over 500 times! 🚀
✨Lesson: Don't put all your eggs in one basket.
🔥2013-2015 (-84%): BTC trading banned in China, Mt.Gox goes bankrupt. The market was "frozen" for nearly 2 years.
✨Lesson: Patience during tough market times.
🔥2018 (-84%): The ICO bubble burst, Bitcoin "collapsed."
✨Lesson: Research thoroughly before investing, don't FOMO.
🔥2020 (-40%/day): "Black Thursday" due to the COVID-19 pandemic.
✨Lesson: The market is always volatile, risk management is key.
🔥2022 (-77%): The collapse of Terra/UST, Celsius, FTX... trust shaken.
✨Lesson: Be cautious with "big players" and exaggerated promises.
Conclusion: $BTC Bitcoin has proven its incredible resilience after each "crash."$BTC painful falls but never defeated, performance may be temporary, but class is forever! 😃
Remember that investing is a marathon, not a sprint💥
Disclaimer: This is not investment advice. Please do your own research and make your own decisions.
#Bitcoin #Crypto #BTC
