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?
I always advice everyone to buy cryptos when he has a safe backup or he could do it without having to compromise his needs.
For people who are this well off, would not be this depressed even if they bought bitcoin when it was 20k. The ebst thing they could do now is to leave it alone and wait for the time when bitcoin gets hyped again.