History of Bitcoin Crashes

in #bitcoin • 6 years ago

#Bitcoin has notably 'died' several times
📉 - 94% in Jun-Nov 2011 from $32 to $2 because of #MtGox hack
📉 - 36% Jun 2012 from $7 to $4 because of Linod hack
📉 - 79% April 2013 from $266 to $54 because of MTGox stopped #trading
📉 - 87% from $1166 to $170 Nov 2013 to Jan 2015
📉 - 49% Feb 2014 because of MTGox tanks
📉 - 40% Sep 2017 from $5000 to $2972 China ban
📉 - 55% Jan 2018 Bitcoin ban FUD. from $20000 to 8500
I've held through all the crashes. Who's laughing now? Not the panic sellers.
It’s a money game Market is all about moving money from impatient to the patient. You see crash, I see opportunity.
You - OMG Bitcoin is crashing, I gotta sell!
Me - OMG Bitcoin is criminally undervalued, I gotta buy!
That’s strategy that I applied on cryptocurrency

#crashes #cryptocurrency #mtgox #trading
6 years ago in #bitcoin by
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