This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding. Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year. We should still holding as selling below the amount we buy is selling out of pain and frustration.
It is true this year has not been easy at all but you must do what you can to keep holding your coins, if you sell now not only you will lose money you will lose all the potential profits that you could get out of this market, I really think that many of those that bought in 2017 were victims of the fear of missing out, they thought the price of bitcoin will keep growing indefinitely and now they are realizing that despite the amazing technology behind bitcoin, bitcoin is like any other asset.
And that means that if you want to make money out of this market then you need to get knowledge about how investors and traders get profits in those other markets and if you do you will be ahead of most people that only invest when the price has been going up for some time.