Everybody spoke about the great bitcoin drop Friday before Christmas. Often with dramatic charts of the drop.

Of course none of charts started a zero. Not starting a 0 makes charts more dramatic. This effect can of course made more dramatic by only using 24 hour chart.

This is why I like to put things into perspective.

Bitcoin

As you can see: Anybody who bought his Bitcoin in November or earlier was in the plus at all time. And Bitcoin recovered some of the losses already.

Note that even this chart is not starting at $0 but $7'000.

Ether

Ether followed the bitcoin with a slight lag. With Ether everybody who bought before the ≈10. December was in the plus at all time. Ether two recovered.

Note that even this chart is not starting at $0 but $300.

Litecoin

Litecoin followed the same path Bitcoin and Ether — with less ups and downs.

Note that the Litecoin chart is the only one which actually starts at $0.