Bitcoin's historical drawdown chart.
If you just look at the results, BTC is one of the strongest performing assets over the past decade plus.
But if you look at the journey, BTC is also one of the most volatile assets out there.
94, 312, 519, LUNA, FTX……
These names might just be a few historical events for newcomers.
But seasoned holders know just how brutal the market was back then:
instant sell-offs, exchange crashes, on-chain congestion, leverage liquidations...
Historically, BTC has seen drawdowns of over 50% multiple times.
In several typical bear markets, maximum drawdowns often reach -75% to -85% range.
So, for the average person, what's truly important isn't accurately predicting every top and bottom, but rather:
managing your positions, staying away from high leverage, understanding the cycles, and enduring the bear markets.
Because in the crypto space, being able to stick around long-term is a skill in itself.
If you just look at the results, BTC is one of the strongest performing assets over the past decade plus.
But if you look at the journey, BTC is also one of the most volatile assets out there.
94, 312, 519, LUNA, FTX……
These names might just be a few historical events for newcomers.
But seasoned holders know just how brutal the market was back then:
instant sell-offs, exchange crashes, on-chain congestion, leverage liquidations...
Historically, BTC has seen drawdowns of over 50% multiple times.
In several typical bear markets, maximum drawdowns often reach -75% to -85% range.
So, for the average person, what's truly important isn't accurately predicting every top and bottom, but rather:
managing your positions, staying away from high leverage, understanding the cycles, and enduring the bear markets.
Because in the crypto space, being able to stick around long-term is a skill in itself.