We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?
It really depends on the person taking the risk. As long as you can afford to lose what you invested then there's really no drama will be involved. People who truly believes in bitcoin and do long term investment will surely profit. This sudden dip is caused by the BCH fork drama. Eventually the market will correct itself and the value of bitcoin will soon recover.
Only the weak hands will lose in these kinds of situation of the crypto market. Whales are laughing at those emotional investors who panic sells everything they have. This is clearly a sign that there's a huge number of investors who are trying to dump their btc.