Drawdowns in trading & investing are normal. If you can't stomach these, then you are either sizing too big or simply didn't think about your trade or investment enough before. The first thing I always say when people ask me whether they should invest into crypto is: "Would you be okay with it potentially losing 80%+ of its value in no time?". That usually makes them think twice about their decision and prepares for what happens every few years on pretty much every coin. Luckily, $BTC has now become mature enough where its drawdowns are getting smaller during the bear markets, but 50%+ drawdowns are still pretty regular over the years.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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