Today is the anniversary of 3/12 — March 12, 2020. BTC crashed from $6,000 to $3,800 in a single day. Back then, nobody knew what Bitcoin would become. The market felt like it was breaking. But one trader I know did something very different. While everyone was panicking, he bought $20M of BTC at around $4,000. He never sold. Today that position is worth roughly $350M. He has almost 20 years of trading experience. Here’s the lesson: The people who buy during maximum fear are usually not the bravest. They are the ones who have survived enough cycles to recognize the moment. Panic creates the price. Experience creates the conviction.