There is a group of people in the cryptocurrency world who have survived the ups and downs of the market, enduring countless losses and gaining invaluable trading skills. These people, known as the "old leeks," make a living and support their families through trading.摘要：ThetimecametoMarch13,2020,whenBitcoinfellfromthehighpointofnearly20,000USdollarsinthelastbullmarketto3,800USdollars...
On March 13, 2020, Bitcoin plummeted from its previous high of nearly $20,000 to $3,800, wiping out the bullish army. While the bearish army survived, no one dared to open a short position at that time due to the drastic fall. However, in the following months, Bitcoin doubled to $7,000, then to $10,000, as the pandemic spread.
Many of the bullish army who had profited from the low point closed their positions and withdrew, but the bearish army remained cautious and prepared for another downturn, thinking that the market would need to crash hard at least once before rising again.
Bitcoin did start rising, and in five months, it soared from $3,800 to $12,500. Over the following year, it continued to climb to $20,000, $30,000, and beyond. Desperate to avoid bursting their positions, many bearish traders added margin repeatedly and even borrowed money, but they still couldn't withstand the rapid rise of the bull market.
Unfortunately, many of the old leeks from the bearish army ended up losing their positions and their investments in the market's incredible movements.
