The striking parallels of three BTC downturns: 2014, 2018, 2022

2014: from $754 to $321 (-57%) 2018: from $13,445 to $3,747 (-72%) 2022: from $47,737 to $16,531 (-65%) So, you read that article in "The Times" about Bitcoin, right? It mentioned how Bitcoin wasn’t just the hottest investment of 2013 but the best investment ever, boasting a crazy 10,000% annual profit. Naturally, you decided to dump all your cash into it at the start of 2014. Fast forward a year, and your $1,000,000 had plummeted to $426,000. At that point, you thought, "I've had enough." Then crypto went mainstream, and you jumped back in with your remaining $426,000. But guess what? That dropped to $119,000 by the end of 2018. So, you pulled out of what you thought was the "miracle investment" once again. The third time around, you invested when Bitcoin hit that magical trillion-dollar mark. Your $119,000 took another hit, falling to $41,000, and the regret set in once more. Thankfully, you got out before things went downhill with Terra Luna... In total, your BTC investments gave you a -95.9% return over those three years. What went wrong? Bitcoin didn’t crash... it was as solid as ever when you bought in. Its fundamentals were strong, acceptance was at an all-time high, and everyone loved it. Bitcoin didn’t fall apart, but your investments sure did.

Or if we could just have hold Bitcoin for at least a cycle, then the return will be good as compare to traditional assets. I don't have the numbers, but still the returns as so high that those who have done it, sold at top, then most likely are going to repeat it again at the start of this bear cycle and wait then we enter the bull run again. So the numbers are always right, maybe in the next bull run, the % increase could be the same as the previous cycle. Yes, it didn't die, it just went into the crypto winter and we all know that there will be times that we will bounce back. So patience is the key and then just keep on accumulating thru DCA.

People come in too late and they blame the market. Market always have up and down, when a market is overvalued with high RSI, big chance it will go down but people don't acknowledge that fact and decide to pour all their money thinking the market will go up forever. Bitcoin's cycle has been pretty similar throughout the decade but people only get hyped up when price has reached certain level and going in too late. If they care enough about investing some time to learn the pattern of the cycle, they would think maybe right now is the best time to buy bitcoin seeing from historical data.