Are you fuck*ng kidding me?
I started getting into Bitcoin when it was like $750 bucks, it crashed all the way down to $150 coming from the peak of $1200 ish on MtGox... everyone was saying it was dead, but the more I read about Bitcoin, the more it became OBVIOUS to me that Bitcoin was extremely cheap at $1200, and obviously at $150, when all the idiots were claiming it was dead. Now we are once again experiencing exactly the same situation. Bitcoin's technology keeps evolving, everything keeps getting better, but all the noobs get distracted by fake news, fork this fork that... sad to see, but this gives us smart money the possibility to accumulate more before floor becomes 6 figures.
Anyone not accumulating Bitcoin under 5 figures a coin is completely insane. We will revisit this thread in 2020 for some perspective and time will put once again everyone where they belong.
You've nailed it. I actually regret not buying as much as I did back in 2014-2015 because I was a newbie to crypto back then and thought the exact same thoughts that people right now are panicking about. I was worried way too much even though I knew that bitcoin had potential.
So my advice to new bitcoin investors is this - if you think that bitcoin has potential for mass adoption, and be used basically anywhere around the world as a currency in the near future, then you should follow your gut feeling and buy at 4 figures.
Sometimes checking the prices too frequently can become a distraction instead of something of a good thing. That I learned from experience. There is just way too much FUD going on these days, that isn't even legit.