BITCOIN has spectacularly 'died' several times
-94% june-november 2011 from $32 to $2 because of Mtgox hack
-36% june 2012 from $7 to $4 Linode hack
-79% april 2013 from $266 to $54 Mtgox stopped trading
-87% from $1166 to $170 november 2013 to january 2015
-49% feb 2014 Mtgox Tanks
-40% september 2017 from $5000 to $2972 china ban
-55% january 2018 bitcoin ban FUD. from$19000 to $8500
I've held through 2 crashes.who's laughing now? Not the panic sellers.
Market is all about moving money from impatient to patient. you see crash,I see opportunity.
YOU: OMG Bitcoin is crashing, I gotta sell!
ME: OMG Bitcoin is criminally undervalued , I gotta buy!
N.B. Word to the new investors. What I've learned over few crashes is that whenever it crashes spectacularly, the bounce is twice as impactful and record-setting . I can't predict the bottom but i can assure you that it will hit 19k and further beyond,
#HODL
#I hope you guys having nice day!
#stay positive
#pic of the day
#:)
