Hesitate to Buy Ethereum After the Crash? Read This and You’ll Understand!

Hayden Kan

11 Feb 2025 — 4 min read

The Biggest Risk is Not Taking Any Risk

Today's topic is about how avoiding risk is actually the biggest risk of all.

Bitcoin’s Current Market Conditions

Recently, Bitcoin's price has been fluctuating around $100,000, moving between $95,000 and $105,000. Many investors are starting to feel like the market is entering a bear phase. However, I find this quite amusing.

If you’ve been following me for the past 2.5 to 3 years, you should know what a real bear market looks like. A true bear market is not just a few months of sideways consolidation. If you can’t even endure this short-term consolidation, I can guarantee that when a real bear market arrives, you will likely panic, collapse emotionally, and exit the market entirely.

Why Avoiding Risk is the Biggest Risk

This applies not only to investing but to many aspects of life. Here are some examples:

Relationships – If you meet someone you really like and believe they could be your life partner, but you don’t pursue them out of fear of rejection, the real risk isn’t rejection—it’s losing the opportunity to be with them.
Entrepreneurship – If you’re a salaried employee who has saved some money and wants to start a business but never take the leap due to fear of failure, the real risk is spending your entire life as an employee and never realizing your potential.
Investing – In markets, avoiding risk can lead to missing out on major opportunities.

Lessons from Bitcoin’s Previous Cycles

Let’s look at Bitcoin’s past cycles. On March 27, 2022, when Bitcoin was trading between $46,000 and $47,000.

If we block out future events and analyze the market at that time:

The first high was at $64,000, followed by a second peak at $69,000.
Technical indicators, including RSI, suggested that $69,000 was not a true market top, unlike $64,000, which was extremely overbought.
Bitcoin dropped to $32,000, then rebounded to $46,000, forming an uptrend (higher highs, higher lows).

However, the market then entered a brutal bear phase, dropping from $46,000 to $15,000.

People Who Never Bought Bitcoin

In 2021, during the last bull market, many people around me said they would buy Bitcoin. But due to fear—of price drops, volatility, or making a mistake—they never bought. They watched Bitcoin rise and fall for four years without ever entering the market.

Meanwhile, I made decisions, even if they weren’t perfectly timed. And those decisions led to great returns.

Market Trends: 2024 Bitcoin at $100,000

Now, with Bitcoin around $100,000, some are panicking, acting as if we’re in a bear market. But if you followed me in 2022, you should find this hilarious.

Even last year, Bitcoin consolidated for eight months before continuing its long-term uptrend. The fact that two months of sideways movement makes people panic shows how emotionally weak many investors are.

The Risk is the Same, No Matter When You Buy

At any point in time, you don’t know if Bitcoin will:

Rise to $150,000, $200,000, or $300,000, or
Drop to $70,000, $60,000, or $50,000.

But when you buy, the risk remains the same—you always face the possibility of price drops. That’s why proper risk management is crucial.

Even if we believe Bitcoin will rise in 2025, we must still prepare for the possibility of a bear market. Only with strong risk strategies can you stay undefeated in investing.

Super Bowl 2024: No Crypto Ads

Unlike 2022, when three crypto exchanges ran Super Bowl ads before the market crashed, this year’s Super Bowl had zero crypto ads.
This might actually be good news for the 2025 bull market, as it means we haven’t hit peak retail hype yet.

Trump’s Tariff Announcement and Market Reaction

Trump announced a 25% tariff on imported steel and aluminum.
Bitcoin dropped from $97,000 to $94,000 within minutes.
Ethereum fell from $2,700 to $2,530, and ADA from $0.70 to $0.65.

During this dip, I bought more Bitcoin and diversified into Ethereum and ADA.

Trump Bans Penny Production

U.S. to stop minting 1-cent coins because making a single penny costs 3 cents.
In 2023, the U.S. produced 4.5 billion pennies, costing taxpayers $179 million.
This is just one of many ways governments waste money.

Upcoming CPI Data (Wednesday)

Expected: 2.9% (same as last month).
If CPI surprises the market, stocks and crypto could react sharply.

Alts vs. Bitcoin: The Real Risk

Some analysts warn most altcoins are scams run by VCs looking to dump on retail investors.
While I agree 99.9% of altcoins will go to zero, I still believe some projects are valuable.
The total number of crypto tokens has surged from 10,000 in 2021 to 1.1 million today, meaning the market is flooded with junk coins.

Stick to Top 10-20 Cryptos

I only discuss the top 10-20 projects because most small projects are 100% worthless.
Be careful with "DEX trending tokens" that claim 10,000% gains—they’re mostly scams.

What If You Bought NVIDIA Instead of a PS4 in 2013?

In 2013, a PlayStation 4 cost $399.
If you had bought NVIDIA stock instead, it would now be worth $158,375!
Over 12 years, that’s an incredible return.

The Key Lesson: Think Long-Term

Just like NVIDIA, Bitcoin’s long-term trend is up.
It has seen massive dips, but in the long run, it’s a wealth-building asset.
Always think in 5-year, 10-year, and 20-year timeframes.

Final Thoughts

Never fear taking calculated risks in life and investing.
Looking at Bitcoin’s historical cycles, the long-term trend is clear.
Focus on long-term wealth, not short-term price fluctuations.