Truelly, in every deep in crypto (bitcoin in particular), the depression affects new investors who came in when the price was high, and they face loss. But when investors come in at the point of deep/red tags all round the market, the profit ahead will be overwhelming. This is the best time to invest into crypto currency, cause it won't be good investing at the moon level.
But I don't know,whether it will work or not.But I had huge believe on bitcoin.I had my 50% of savings in bitcoin.If the price of bitcoin crossed 20,000$ again this year.I will proceed to sell.I was waiting for the maximum price raise in bitcoin,unfortunately it is hard to occur.
Patience will have to be your best friend for now, cause the price has gone very low affecting the entire market, so those who waits for profit will be looking towards the end of the year. For sure there will be a rise in the price again, but won't come soon.