There's a common meme circulating in the community: if only you could travel back in time, you could buy Bitcoin at low prices and get rich. Sounds tempting, but the reality is—those who can't hold on, even a time machine wouldn't help.

Looking back at the historical records makes it clear. In 2011, Mt.Gox was hacked, and the price of Bitcoin plummeted from $32 to $0.01, a nearly 99% drop. If you had been there, could you have survived that slaughter? The regulatory crackdown in China from 2013 to 2014, combined with exchange collapses, caused declines of 55% and 58%, respectively. On the day of the black swan COVID-19 pandemic in 2020, the market crashed by 52% in a single day.

More recent examples are even more painful. During the 2022 bear market, the UST collapse caused the market to halve from $48,000 to $16,300, a 66% drop. Last October, after soaring over $120,000, it retraced back to $80,000, losing about 30%.

The issue isn't about timing, but about psychological resilience. Those who can laugh last are always those who remain unmoved amidst bloodshed and chaos. This isn't just motivational talk—it's the answer the market gives.