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?
Surely there are many people who made the same thing and we can't blame them for doing a thing as such. They might be thinking and expecting that time thay the increase will be comtinuous. Keep jn mind that those who invested at that amojnt won't lose profit if they will not sell,as simple as that. As such,holding is really necessary to redeem the loss at this moment.
I don't get why people thought it was going to keep increasing in price, even after $12.000 it seemed like a great risk to buy any coins, why would someone buy at $20.000? I do feel a little sorry for those who did, I can imagine it's a great stress for them, but it should have been expected, it was like playing with fire at such a high price.