From the graph, it shows that in 2010 from a low of $0.09, it rose to $26.90 by 2.960%. fast forward to 2014-2015, we experienced a price dipping from a high of $1,238 to $687.50 then to $315.21.
Bitcoin holders experienced surplus in the period of 2016- 2021. In October of 2021, it climbed to an all time high of $68.991k but slumped to $49,243k in Nov of the same year.
Coming to 2022, we've had series of price fluctuations with recent lows of $17,700k. This is not the first time BTC slump is experienced in the market; so if there was a massive spike in 2013, 2019 and 2021, then possibly we should expect a price rocketing soon and this time it will be above $100k.https://bitcoinmagazine.com/culture/bitcoin-price-action-does-matter
Bitcoin holders experienced surplus in the period of 2016- 2021. In October of 2021, it climbed to an all time high of $68.991k but slumped to $49,243k in Nov of the same year.
Coming to 2022, we've had series of price fluctuations with recent lows of $17,700k. This is not the first time BTC slump is experienced in the market; so if there was a massive spike in 2013, 2019 and 2021, then possibly we should expect a price rocketing soon and this time it will be above $100k.https://bitcoinmagazine.com/culture/bitcoin-price-action-does-matter
Good chart, good analysis, bad title
I think / hope that you've meant "why you should NOT worry...". Everything points to the direction that we should NOT be worried (well, everything except the title lol)
Hahaha you're right! But to be honest, it is entirely normal for someone to worry about their investments especially if they contributed thousands to millions of dollars as their capital. This means that the slightest increase/decrease on the price of BTC would mean a profit/loss of thousands on their end.
While not worrying may sound easier said than done, the only choice that we have right now is to trust and HODL. In addition, always have a contingency plan on your investments on determining the maximum amount of loss you could garner.