@IgorBelykh 25 June 2022 more from that month

Show it to anyone who will convince you that bitcoin is a scam. Throughout its existence, the young cryptocurrency market has experienced many recessions and falls. Volatility is an integral part of it, which is responsible both for the insidious razors of hamsters and self-confident traders, and for unimaginable profits. Let's take a look at the history of the bitcoin price, dividing it into five peaks: ⃣2011 - rising all the way to $32, then a collapse to $2.10. ⃣2013 - the year started at $13 per bitcoin, then a bullish rise to $260, and then a fall again, but to $45. ⃣2013 — almost 10 times growth by the end of the year; $125 in early October, peaking at $1,160 before dropping to $380 in December. ⃣2017 - in January the price was $1000, and by December there was a bull run to $20,000. A turning point when institutions and governments turned their attention to the first cryptocurrency. ⃣2021 - after the black swan of 2020, crypto funds collapsed, but at the same time, bitcoin began to be perceived as a store of value. What do we see next? Growth to $63,000 followed by a fall. Not again, but again. Looking at larger timeframes, one can understand a simple truth: what is now called the bottom was considered a phenomenal peak a couple of years ago. And the cue ball will not come off because of its reputation, its use by large companies as an asset or means of payment for various services. The moral of the whole fable is: buy when the majority is in fear and sell when others become greedy and buy on highs.