<p>在每次加密货币市场暴跌后，一个常见的策略是&#34;买入低谷&#34;。随着价格下跌，许多加密货币突然显得被低估，因此更具吸引力，吸引着那些着眼于长期投资的投资者。</p>
<p>但是存在一个问题：这种策略并不适用于每种加密货币。关键在于找到具有长期生存能力和经历过从逆境中反弹的加密货币。考虑到这一点，我名单上排名前两位的加密货币是 <strong>比特币</strong>(BTC -1.52%) 和 <strong>以太坊</strong>(ETH -2.30%)。</p>
<h2>1. 比特币</h2>
<p>首要投资是比特币，因为这种加密货币已经表现出从暴跌中反弹的最大潜力。一次又一次，比特币的价值暴跌，只是为了比以往更加强劲地反弹。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83ODcxNjQvaW52ZXN0b3ItYW5hbHlzdC13YXRjaGluZy10cmVuZHMuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83ODcxNjQvaW52ZXN0b3ItYW5hbHlzdC13YXRjaGluZy10cmVuZHMuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<p>在 2023 年，Ark Invest 的凯茜·伍德分析了比特币的历史记录，以查看&#34;买入低谷&#34;策略对比特币是否有效。她的研究结果绝对令人满意。她发现比特币历史上有五次价格暴跌了 77% 或更多。每一次，比特币都会反弹并创下新高。</p>
<p>以最近的回调为例，这次回调发生在比特币在 2021 年 11 月达到（当时）历史最高价 69000 美元后。比特币随后价值暴跌了 77%，许多预言家称这是加密货币的终结。但猜猜发生了什么？比特币迅速在 2023 年反弹，价值增长超过 150%。比特币在 2024 年初继续上涨，达到新的历史最高价 73750 美元。</p>
<p>考虑到这个历史背景，最近的 8 月份暴跌，比特币在几乎一夜之间损失了 28% 的价值，几乎没有造成灾难。正如预期的那样，在 8 月份，许多长期持有比特币的投资者做了他们一直在做的事情：买入低谷。结果，比特币现在稳定在 60000 美元左右。</p>
<h2>2. 以太坊</h2>
<p>与比特币类似，以太坊也有着长期从逆境中反弹的记录。如果你查看自 2015 年推出以来的以太坊长期价格走势图，你会看到许多陡峭的高峰和低谷。例如，在 2018 年，以太坊的价格从 1400 美元跌至 400 美元，仅用了几个月的时间。而在 2021 年，以太坊的价值暴跌了近 50%，然后在年底反弹至新的历史最高价。</p>
<p>以太坊生存能力的关键在于其多样化的区块链生态系统。以太坊不仅仅是用于交易商品和服务的数字货币，它还是一个区块链网络，开发者可以在其上构建各种应用程序、代币和去中心化市场。因此，以太坊在区块链世界的几乎每个领域都有着建立的存在。这有助于在市场暴跌时分散风险。</p>
<p>话虽如此，如果你打算买入低谷，比特币明显优先于以太坊。首先，比特币的恢复期通常比以太坊快得多。而且，正如上文所述，比特币往往在重大暴跌后达到新的历史最高价。而以太坊并非总是如此，它仍在努力从 2021 年的 4891 美元历史最高价中反弹。</p>
<h2>历史是序幕？</h2>
<p>这里的一个警告是，过去的表现并不保证未来的表现。换句话说，没有什么金融铁律说一个资产 -- 尤其是数字资产 -- 必须在市场暴跌后反弹。比特币和以太坊在过去十年中多次反弹的能力可能只是巧合。也许这只是一个奇怪的统计异常，类似于股市中的一月效应。</p>
<p>但我不这么认为。这一次不同的是比特币和以太坊的新现货 ETF。这将有助于为这两种加密货币的价格提供支撑，并帮助缓解任何向下的卖压。只要投资者流入比特币和以太坊的新现货 ETF 显示出恢复的迹象，这很可能是再次买入比特币和以太坊的机会。</p>

<p>在最近加密货币市场的抛售之后，“买入低点” 的策略备受关注，尤其是对比特币和以太坊。由于比特币具有强劲的历史反弹潜力，2023 年在跌幅达到 77% 后曾出现过显著的 150% 涨幅，因此比特币被优先考虑。以太坊虽然也表现出韧性，但其恢复速度较慢，因此被较少优先考虑。针对这两种加密货币新的交易所交易基金（ETF）的出现可能提供价格稳定性，并有助于减轻未来的下跌风险，这表明现在是投资这些资产的一个有利时机</p>

<p>After every crypto market sell-off, a popular strategy has been to &#34;buy the dip.&#34; As prices fall, many cryptocurrencies suddenly look undervalued, and hence, much more appealing to investors with an eye on the long term.</p>
<div class="lb-trans"><p>在每次加密货币市场暴跌后，一个常见的策略是&#34;买入低谷&#34;。随着价格下跌，许多加密货币突然显得被低估，因此更具吸引力，吸引着那些着眼于长期投资的投资者。</p>
</div><p>But there's just one problem: This strategy does not work with every cryptocurrency. The key is to find cryptocurrencies with long-term staying power and a demonstrated track record of bouncing back from adversity. With that in mind, the two cryptocurrencies at the top of my list are <strong>Bitcoin</strong>(BTC -1.52%) and <strong>Ethereum</strong>(ETH -2.30%).</p>
<div class="lb-trans"><p>但是存在一个问题：这种策略并不适用于每种加密货币。关键在于找到具有长期生存能力和经历过从逆境中反弹的加密货币。考虑到这一点，我名单上排名前两位的加密货币是 <strong>比特币</strong>(BTC -1.52%) 和 <strong>以太坊</strong>(ETH -2.30%)。</p>
</div><h2>1. Bitcoin</h2>
<div class="lb-trans"><h2>1. 比特币</h2>
</div><p>The priority investment is Bitcoin, because this cryptocurrency has shown the greatest potential to bounce back from a sell-off. Time and time again, Bitcoin has collapsed in value, only to bounce back bigger and better than before.</p>
<div class="lb-trans"><p>首要投资是比特币，因为这种加密货币已经表现出从暴跌中反弹的最大潜力。一次又一次，比特币的价值暴跌，只是为了比以往更加强劲地反弹。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83ODcxNjQvaW52ZXN0b3ItYW5hbHlzdC13YXRjaGluZy10cmVuZHMuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F787164%2Finvestor-analyst-watching-trends.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>In 2023, Cathie Wood of Ark Invest analyzed the historical track record of Bitcoin, to see whether there was any validity to the &#34;buy the dip&#34; strategy for Bitcoin. Her findings certainly did not disappoint. She found that there were five times in the history of Bitcoin when its price collapsed by 77% or more. Each time, Bitcoin bounced back to hit new highs.</p>
<div class="lb-trans"><p>在 2023 年，Ark Invest 的凯茜·伍德分析了比特币的历史记录，以查看&#34;买入低谷&#34;策略对比特币是否有效。她的研究结果绝对令人满意。她发现比特币历史上有五次价格暴跌了 77% 或更多。每一次，比特币都会反弹并创下新高。</p>
</div><p>Take the most recent drawdown, which occurred after Bitcoin reached a (then) all-time high of $69,000 in November 2021. Bitcoin proceeded to collapse in value by 77%, and many doomsayers said that was the end of the cryptocurrency. But guess what? Bitcoin promptly rallied in 2023, gaining more than 150% in value. Bitcoin continued to gain in early 2024, reaching a new all-time high of $73,750.</p>
<div class="lb-trans"><p>以最近的回调为例，这次回调发生在比特币在 2021 年 11 月达到（当时）历史最高价 69000 美元后。比特币随后价值暴跌了 77%，许多预言家称这是加密货币的终结。但猜猜发生了什么？比特币迅速在 2023 年反弹，价值增长超过 150%。比特币在 2024 年初继续上涨，达到新的历史最高价 73750 美元。</p>
</div><p>Given that historical context, the recent August sell-off, in which Bitcoin lost 28% of its value almost overnight, is hardly calamitous. And, as expected, in August many longtime Bitcoin investors did what they've always done: They bought the dip. As a result, Bitcoin has now stabilized around $60,000.</p>
<div class="lb-trans"><p>考虑到这个历史背景，最近的 8 月份暴跌，比特币在几乎一夜之间损失了 28% 的价值，几乎没有造成灾难。正如预期的那样，在 8 月份，许多长期持有比特币的投资者做了他们一直在做的事情：买入低谷。结果，比特币现在稳定在 60000 美元左右。</p>
</div><h2>2. Ethereum</h2>
<div class="lb-trans"><h2>2. 以太坊</h2>
</div><p>Similar to Bitcoin, Ethereum also has a long track record of bouncing back from adversity. If you look at a long-term price chart of Ethereum dating back to its launch in 2015, you'll see a surprising number of steep peaks and valleys. For example, in 2018, Ethereum fell from $1,400 to $400 in a matter of just months. And in 2021, Ethereum collapsed in value by nearly 50% before rallying to a new all-time high by the end of the year.</p>
<div class="lb-trans"><p>与比特币类似，以太坊也有着长期从逆境中反弹的记录。如果你查看自 2015 年推出以来的以太坊长期价格走势图，你会看到许多陡峭的高峰和低谷。例如，在 2018 年，以太坊的价格从 1400 美元跌至 400 美元，仅用了几个月的时间。而在 2021 年，以太坊的价值暴跌了近 50%，然后在年底反弹至新的历史最高价。</p>
</div><p>The key to Ethereum's staying power has been its diversified blockchain ecosystem. Ethereum is more than just a digital currency used to transact goods and services. It's also a blockchain network that developers can build on top of to create anything from apps to tokens to decentralized marketplaces. As a result, Ethereum has an established presence in nearly every sector of the blockchain world. This helps to diversify away risk in the event of a market sell-off.</p>
<div class="lb-trans"><p>以太坊生存能力的关键在于其多样化的区块链生态系统。以太坊不仅仅是用于交易商品和服务的数字货币，它还是一个区块链网络，开发者可以在其上构建各种应用程序、代币和去中心化市场。因此，以太坊在区块链世界的几乎每个领域都有着建立的存在。这有助于在市场暴跌时分散风险。</p>
</div><p>That being said, Bitcoin is a clear priority over Ethereum if you're looking to buy the dip. For one, Bitcoin's recovery period is usually much faster than Ethereum's. And, as noted above, Bitcoin tends to reach a new all-time high after a major sell-off. That's not necessarily the case with Ethereum, which is still looking to rebound from an all-time high of $4,891 in 2021.</p>
<div class="lb-trans"><p>话虽如此，如果你打算买入低谷，比特币明显优先于以太坊。首先，比特币的恢复期通常比以太坊快得多。而且，正如上文所述，比特币往往在重大暴跌后达到新的历史最高价。而以太坊并非总是如此，它仍在努力从 2021 年的 4891 美元历史最高价中反弹。</p>
</div><h2>What's past is prologue?</h2>
<div class="lb-trans"><h2>历史是序幕？</h2>
</div><p>The one caveat here is that past performance is no guarantee of future performance. In other words, there is no iron law of finance that says an asset -- especially not a digital asset -- must rebound in price after a market sell-off. The ability of Bitcoin and Ethereum to bounce back so many times over the past decade could just be a coincidence. Perhaps it's just a bizarre statistical anomaly, along the lines of the January Effect in the stock market.</p>
<div class="lb-trans"><p>这里的一个警告是，过去的表现并不保证未来的表现。换句话说，没有什么金融铁律说一个资产 -- 尤其是数字资产 -- 必须在市场暴跌后反弹。比特币和以太坊在过去十年中多次反弹的能力可能只是巧合。也许这只是一个奇怪的统计异常，类似于股市中的一月效应。</p>
</div><p>But I don't think so. What's different this time around are the new spot ETFs for Bitcoin and Ethereum. These will help provide a floor to the prices of these two cryptocurrencies, and help mitigate any downward selling pressure. As long as investor inflows into the new spot ETFs for Bitcoin and Ethereum show signs of recovering, this could very likely be yet another opportunity to buy the dip in Bitcoin and Ethereum.</p>
<div class="lb-trans"><p>但我不这么认为。这一次不同的是比特币和以太坊的新现货 ETF。这将有助于为这两种加密货币的价格提供支撑，并帮助缓解任何向下的卖压。只要投资者流入比特币和以太坊的新现货 ETF 显示出恢复的迹象，这很可能是再次买入比特币和以太坊的机会。</p>
</div>

在市场抛售之后，现在购买这两种加密货币