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Old 01-23-2024, 05:14 AM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
There are no healthy ups without some occasional downside. When in doubt, zoom out.

BTC yearly lows:

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $38,620 (so far)

Bitcoin will always be fine in the long run because it isn't controlled by centralized orgs/groups, it's a math-based protocol. Can't say the same for the 20,000 altcoins out there that are controlled by humans who have emotion and greed.
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