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?
He is stupid enough to invest it in an all-time high where anything could possibly go wrong in any turn of event. Volatility of Bitcoin is there when it reached such amount and a sudden drop would basically hurt. Now that the problem is there, it is better to keep that investment on hold and wait for another rise.