BTC will continue to exist until the block chain technology is replaced by some new and better technology. Last 10 years should have tough us some kind of pattern in the BTC's fluctuation and the movement of the price. This market is the newest one we have so far and it is extremely volatile. Anyone who entered this market with long term goals should arm themselves with patient and simply forget about everything. It will be a while until we see some positive and higher growth than the one that we have been witnessing for the last couple of days.
That's certainly true, mate. Bitcoin is by far one of the most successful blockchains today. Even though prices have been on a downfall lately, the pioneer cryptocurrency has experienced mass adoption by people in the mainstream world like never before. For people who bought Bitcoin in its ATH last year, then it would be Game Over for them. However, those who are true believers of the cryptocurrency will hold onto their stash until the right time comes to sell.
Even if you decide to sell, you could keep some Bitcoin for safe keeping. After all, Bitcoin is sound money for the world which has store of value properties. In case there's any emergency, or Fiat were to fail, you can always depend on Bitcoin for daily payments.
Nonetheless, I've learned that this is only the beginning of a long and wonderful journey. As Bitcoin improves over time (with developments such as the Lightning Network, Schnorr Signatures, TumbleBit) more people would use it for their own benefit. Bitcoin needs to survive to show the world that decentralized currency is a better alternative than today's traditional currencies we've been accustomed for a long time. Just my thoughts
