Long Term Value Investing & DCA
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Bitcoin is up 1,800% 4 years after the 2020 COVID-19 BTC price crash
From bottom buys to stimulus checks, Bitcoin has richly rewarded those who used the events during the COVID-19 pandemic to increase BTC exposure.
Bitcoin (BTC) is up nearly 2,000% versus its COVID-19 lows on the fourth anniversary of its crash to $3,600.
On March 12, 2018, BTC price action began a plunge to levels never seen again as risk assets dived worldwide.
Beginning March 12 at $7,960, BTC/USD finished at $4,830, going on to bottom at $3,860 the following day.
Its comeback was arguably just as impressive — just one-and-a-half months later, $10,000 had reappeared.
“Everyone who bought the dip is up 1,700% since,”
Those who decided to go all in on that day are not the only COVID-19 success stories when it comes to diversifying into BTC.
United States citizens who used their first stimulus check, worth $1,200 and delivered in April 2020, to buy Bitcoin are now sitting on $12,930, per data from monitoring resource BitcoinStimulus.
A 100% stimulus deployment, originally worth $3,200, is now worth 400% more.
Bitcoin began “paradigm shift” in March 2020
“That day, the paradigm shift from tech stock to freedom money began in earnest.”
https://cointelegraph.com/news/bitcoin-up-1-800-after-2020-covid-19-btc-price-crash
