Let me start first --- every time I check the market I feel so negative and unsure. Logically I tell myself I'm happy to see BTC going to below $3K because I could buy more cheap coins. But every time when I see the bearishness of the market I just feel pretty hopeless and not sure when my position could go back to my buying price. My avearge buy was around $11K but I had 40% in alts that have already lost 70%.
I also question myself on why I haven't sold some of my coins when BTC reached $20K
I start to wonder if BTC would take 2 / 3 years to recover or would it take 15 years (like dot com bubble) for BTC to reach $20K again?
I just feel quite hopeless!
False hopelessness is more dangerous and detrimental than false hope. When you feel negative, you will be just sitting and crying over there. When you are feeling positive, you will be more inclined to act consciously, not like in panic selling when you don't understand what you are doing. There were plenty of opportunities to make up for the losses since December, and this is what people who think positive must have already done numerous times. Now they are earning profits.