2011 Crash
BTC fell ~93% (from $32 to $2).
Early exchange hacks & low liquidity.
Lesson: New tech = extreme volatility.
2013 Double Crash
$266 → $50 (-81%)
Later $1,150 → $200 (-83%)
Lesson: Parabolic moves correct hard.
2018 Bear Market
$20K → $3K (-84%)
ICO bubble burst.
Lesson: Hype cycles always reset.
2020 COVID Crash
$10K → $3.8K (-60%)
Global panic liquidation.
Lesson: Macro impacts crypto.
2021 May Crash
$64K → $29K (-55%)
China ban + leverage wipeout.
Lesson: Over-leverage destroys portfolios.
2022 Bear Market
$69K → $15.5K (-77%)
Luna & FTX collapse.
Lesson: Risk management > emotion.
History shows:
Crashes build stronger foundations.
Volatility is the price of growth.