bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.
But bitcoin price is now worth -300% after hitting new ATH 6 months ago.
Anyhow, don't be serious about my header sentence. Im not here to opposed it. It's just that most people really used to experienced price increase especially last. 2017 is the golden year of bitcoin where new ATH established within a short period of time. New people that come into cryptocurrency sees how good putting money here. Since the trend is upwards they didn't even think that someday price will goes down. And now the worst case scenario came and it's crashed their spirit.
The one that understand how bitcoin price behave will remained here. The only one lefts are those who just entered crypto without any basic knowledge.