The market is full of pessimistic comments lately and most of the conversations include BTC price going under 3k. I really wonder at which point BTC investors give up and quit completely. What is your opinion about this? My thought about quitting never happened but if the price goes under four digits then I might be reconsidering.
The word quit are for losers. I do believe in this technology and I will stick with my plan since from the start. I invest in bitcoin for long term and this current situation and dips won't really bother me since I'm so certain that the market will correct itself anytime soon. With the scarcity of bitcoin few years from now due to difficulty of mining, I'm pretty sure that its value will also increase. I only invest an amount that I can afford to lose so this bloodbath won't really affect me that much.