Bitcoin Price Drops More Often Than You Think

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max2009Member
Posts: 4 · Reputation: 134
#1Jun 15, 2017, 09:22 PM
Just found some stats that kinda blew my mind. Since May 2013, Bitcoin has skyrocketed over 53,000% but guess what? It's been down for 64 months, which is almost half the time. Makes sense why so many people panic sell.
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0xSatNewbie
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#2Jun 15, 2017, 11:40 PM
Yup, that number sounds about right. I seen coinglass say out of 142 months, 63 of 'em were red, so like 44%. But honestly, you can't expect any asset to go up non-stop. Averages are way more reliable for understanding trends.
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ape23Member
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#3Jun 16, 2017, 05:54 AM
I think the whole volatility aspect is driven by how fragile fiat markets are. If folks just calmed down and weren't so greedy, BTC could be climbing steadily. Just saying, it's all about how we view it.
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hypertokenHero Member
Posts: 32 · Reputation: 2105
#4Jun 16, 2017, 09:29 AM
Totally! This market's unpredictable, even with strong support. Those who bought in early and held on? True OGs right there. Gotta respect the grind of holding through those price dips.
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bridge_2014Senior Member
Posts: 140 · Reputation: 870
#5Jun 16, 2017, 01:23 PM
That volatility? That's what makes it such a gem! Most investors shy away from risks like this, but it teaches us about high-reward potential. Yeah, it's scary for newbs, but it's just how BTC works. Before hitting new highs, it'll drop like crazy.
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