It all started so innocently. Why not give crypto a try? All the guys at work are talking about it. Shitcoins, ICOs, Tethers, Smart Contracts. You wanted in. It was the Next Big Thing, you fucking idiot.
So you put a little money in the crypto market in 2018. How do you feel today? Portfolio in the red. You dont even want to look at it. Hodl, they all said. It will come back after the FUD, they all said. And now youre numb, and depressed, and cant even afford a bottle of Jack to drown out the pain.
Youve learned (hopefully) that hodling is bad...
You write this from the perspective of investors who invest in 2018, or in late 2017. No doubt that those people feel bad, or perhaps deceived/scamed, but they just invest in bad time. If some of them invest for long-term (5-10 years) they are good today, altogether does not matter that markets are in red or it will be in next years. Only people who panic and sell can now complain about the lost money.
On the other hand there are those
smart hodlers who knows to read some basic of the crypto market (accumulation, pump, correction) and profit from that.
Let's take a example of person who own 1
BTC in December 2017 and that person buy that
BTC for 1000$. If that person sell then he/she will made very nice profit, but even if option was to hold until today the loss still does not exist.
Now we know that the smartest move would be that 1
BTC is sold for 20 000$, take 5000$ for some good things and 15 000$ for future investment. Few days ago you could buy 5
BTC for that money and wait for next bull run.