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?
That was the main reason why I am afraid of investing at a high price because I better know that although it was attractive to do such thing because of that high price Bitcoin have possessed, still its volatility is making its way to drop the price down making big investments during the peak season to drop in price making such investments to suffer into a great loss from their initial amount they have when they have invested at a high price. So better think that before investing that your money should go rising not into dropping because you are investing to earn profit not great losses. In that case, better hold for a while until you can get through regain your loss.