You will hear 'buy and hodl' over and over again and yet know one really knows. People would have told you at everymark on the way down that now was the time to buy as it 'wont' get any lower. buy at 15k, 13k, 11k, 9k etc etc and here we are sub 7k.

No one has a clue as much as they 'think' they do. Most of those people could have double, triple their BTC stash right now if they sold and bought back in lower. They live and die by HODL.

The issue with what is happening is BTC was getting a lot of Mainstream investors on its climb up. They are all burnt, the bad news about the drop worldwide has scared investors off permanently. If you want a high price in the future you need as many investors as possible.

People are also saying the bubble has not popped. The bubble has clearly popped, we are almost back to pre fork pricing. How can you not call a $20k - 6k and the loss in market cap across the board as a pop? Instead people blame it on bad news. Blame it on what you wish but it popped the bubble. The currency that we love so much should not be this volatile to news, it was meant to be resilient no matter what is going on in the world yet it is the most volatile currency out there.

We all hope it will rise but the truth is no one knows what will happen.......fingers crossed!