5 Years, 4 Times Avalanche: The Crypto World Has Never Really Faced a Black Swan
In the past five years, the crypto market has experienced four "super crashes"
Many say it was an accident, but it was actually inevitable.
2020/3/12 — Macro Panic Crash
Global pandemic → US stock market circuit breaker → Capital flight
BTC 8000 → 3800
2021/5/19 — Policy Nuclear Bomb Crash
Tightening regulations, miners stopping work
Thousands of billions evaporated in 7 days
Policy is not a negative factor; it is catastrophic.
2022 — FTX — Trust Collapse Crash
Platform misappropriation of funds → Global bank run
BTC breaks 16000
2025/10/11 — Contract Liquidation Crash
$BTC spike 100k, many altcoins spike drop 90% → 1x contracts all liquidated
200 billion liquidated in 24 hours
So how can ordinary crypto investors avoid black swans?
Don’t chase highs, don’t leverage
As long as you don’t die at the bottom
Those who survive the crash
Automatically stand in the front row of the starting line for the next round
