This is not a financial advice but when you're riding your Lambo... Remember me.
hehe, yeah this is one opportunity that people will regret not taking in few months, this is not stocks or anything that can be explained, in a month altcoins lost 500% in value, eth hit almost $1400 and now is $380, that is almost 400% and some alts lost 1000%, that is a lot of money, nothing really happened to bitcoin, from $17k to $7k, 60% crash is nothing really if you consider eth which is top 2 and had almost 80% crash.
My calculation is different, for example eth hit almost $1400 and now is $380 which 380 x 3.7 = $1406, which means eth lost 3.7 times its value whereas btc lost a lot less, btc right now is $6800 and hit almost $20k so meaning, 20000 / 6800 = 2.9 times lost since its highest all time value.
I'm such a coward. I will die poor. My only hope is that price goes to 100 and mining difficulty drops to a point I can mine 1eth a day
See that's where your thinking is wrong. Price will drop but eth difficulty will rise even after major drops. If we were in a bull run eth difficulty would rise exponentially. Since we are in a bear trend it has risen a lot still but more linear upwards.
Yes you will be poor of you don't trade and only mine. Gota trade a little also. Just trade on those extreme oversold and overbought conditions