Many loses when they trade or sell their bitcoin below its costs. Maybe this 6k will be the bottom because it is very sad for us as hodlers and investors in cryptos if the value will drop again.
It really not the best time for crypto investment, and yet we still need to out our trust for these. It seems to be hard for everyone who are seeking for huge profit but it's sad it turns into less profitable.
It is not the end of crypto, we still have ample of time to bring back bullish season and all worries will end up.
If it is not the best time, then when is the best time? When the market is already moving up pretty fast. In that case, you really want to have a strategy that can make you hop in as fast as you can without having to get to miss the initial take off.
Most times though, if you know you are not a regular trader, or you are the long term type, this is not a bad time at all, even with some stop loss below the last bounce. Most of the coins in the market though have really been in their lows for a while now, and it is only left for you as an individual to be taking advantage of them.