Even till this day, their are some people who complain about bitcoins. if the price grows up, they will say it cheers! if it goes down, they say its not so usefull. so it totally depends on ones individual thinking based on their experiences.
Agree. It all depends on the people's opinion and experience about Bitcoin. They're the ones who give value to the pioneer cryptocurrency itself (as it is not backed by banks nor governments) deciding its path towards the future. Most are in it for the profits, so they expect for Bitcoin to continue to rise in value, without taking into consideration that it is extremely volatile and it may go down in price anytime.
It is just a matter of those who are really patient and believe in Bitcoin, for them to achieve great results with their holdings. One thing for sure is that Bitcoin had a bad reputation in the past, but as it grows in user base, and acceptance in the mainstream world, those things would become forgotten.
Nevertheless, whenever you see a massive decline in price due to panic sell for any particular reason, grab the opportunity to buy cheap Bitcoin and hold it for when the pump and hype comes in. Before you know it, you would've increased your capital in a short amount of time due to Bitcoin's volatile nature. Just my opinion.
