I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
I this is very uncertain things to happen in investment, buying at the resistance level where it reaches the peak then suddenly fell down. If this thing will happen to me the most reasonable to do is cut the loss. 50% down from portfolio is too much to lose.