In hindsight it is very easy to see when you should have bought and when you should have sold your coins but things are never that easy, when the effects of the pandemic were felt in this market and we saw that crash in March that gave a great opportunity for those looking to buy coins at a cheap price the possible repercussions of the pandemic were still unknown, now we know that it is way worse than the seasonal flu but it is not as lethal as we believed at first.
So people back then that may have had the money to invest in it decided not to do it and kept their cash in case they needed it.
In addition, they also have to consider their money in the long run, because this pandemic is seriously disrupting their financial lives almost completely. no one expected that the market would rebound this fast and high, and since predicting a bullish market was almost impossible, if they knew that there was a chance to make a profit, I'm sure there would be lots of people buying it at that time
This is a good point, we must go back and remember what we thought back then, when the price crashed I really thought the bull market that was forming was over as it seemed impossible we could see the stock and the cryptocurrency market skyrocketing after their respective crashes.
And it was also impossible to predict how much money governments will print in such a short amount of time to try to revive the stock market and it seems that is the main reason why this market recovered almost immediately as well, as not only some of that money came to the market this also revived our old fears that eventually fiat will become worthless on the long term if governments keep printing money as they are doing now.