In 2020, the perception was that altcoins would be wiped out.
Look at the past charts and see the chaos. Except for BTC and a few major coins, everything was discarded. Psychology was at rock bottom, there was no hope. Then COVID hit.
What actually happened: Many altcoins were not wiped out. Those who were patient at the lows were rewarded with multiple times gains.
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In 2020, the perception was that altcoins would be wiped out.
Look at the past charts and see the chaos.
Except for BTC and a few major coins, everything was discarded.
Psychology was at rock bottom, there was no hope.
Then COVID hit.
What actually happened:
Many altcoins were not wiped out.
Those who were patient at the lows were rewarded with multiple times gains.