Here are the eight other times Bitcoin experienced major crashes.

2011: In June 2011, BTC had a massive 99% dip in the price, the price of BTC during the time fell to a single penny.

2012: In August 2012 BTC experienced a price crash of 56%.

2013: In April BTC’s price fell from $250+ to $50, losing almost 83% of its value.

2013: In December 2013 China announced a Bitcoin ban and the BTC value crashed by 50%.

2017: In December 2017 Bitcoin got hit again after the massive rally that reached $20k. The price fell to $12k shortly after, a 45% crash.

2018: In December 2018, after a minor recovery, bitcoin crashed again losing its value by 60%, this time BTC reached $5k. 2017/18 time should be considered the biggest Bitcoin crash as it’d affected hundreds of thousands of investors around the world.

2020: In March 2020 another 50% price crash happened to Bitcoin, which crashed from $10k in Feb to $4k in March.

2021: In May 2021 bitcoin took another massive hit. After reaching an ATH of $64k, the price crashed by 53%.

Yet, here were are at BTC trading at $40k today. You don’t lose anything until you sell it and never invest more than you can afford to lose.