It’s no secret that the entire Cryptocurrency Space has been in a Bear Market all of 2018.
The Bear Market actually started on Dec. 17, 2017 when Bitcoin hit a high of roughly 20,000.
We have seen her come down as low as 5755 since then. From Mountain Peak (20K) to Valley Low (5755) is a 71% CRASH!
Now, that’s enough to make the “Herd” throw in the towel and seek the safety and security of more traditional investment vehicles that produce much smaller gains.
And that is why the “Herd” will never become Cryptocurrency Millionaires.
There have been 12 previous “Bitcoin Crashes” since Jan. 2012 where Bitcoin lost at least 30% of its value from its previous high.
Of those 12 Crashes, 4 have included crashes of at least 50%. Two of these crashes have resulted in a Value loss of at least 83%.
It can make you “Queezy”.
Yet, with the other 12 crashes, something amazing happened…
She bounced back. And ultimately, she came back and hit new highs.
THEY have left Bitcoin for dead 12 times.
12 Times, she has risen from the ashes and hit new all time highs.
But if you don’t know this, you could easily walk away from the one niche that could set you free financially.
Had one owned Bitcoin from Jan. 2012 through this current writing, One would have seen a crash of 57% in just 3 days. In another crash one would have seen an 83% smackdown in just 3 days.
And talk about a beatdown.. what about the 87% back slap over 411 days.
Still with all of these crashes, just $100 USD in Bitcoin through all of the turmoil, since 2012, would be worth $90,722 as
I am writing this post. 🙂
Ladies and gentlemen, it aint over.
It’s just the beginning of a new cycle.
Written by ‘Doc’
as delivered to Bitcoin-Corporation.com