Year 2018 seems to have the most prolonged dip from what i have seen so far. Some people had serious loss along the line; some vowed never to invest in cryptocurrency again; some sold all their assets and left.
Your encounters though might seem not encouraging, but do you know that you are better of than the person that is just coming in, because of what you now know.
Let go of your mistakes, but whenever you remember them, tell yourself it is not yet over, the crypto space will still get better and you will be glad you're still in the system.
We really learned a lot this year. First of all, the fact that long-term retention of cryptocurrency will not always be profitable. It is necessary to use sharp drops in cryptocurrency prices to trade it. However, this increases the risk of losing our funds. However, if we watch the price movements of cryptocurrency for a long time, it will be possible to determine the periods of probable bursts and price drops.
Based on this experience, it can also be concluded that Bitcoin will never cost more than approximately $ 50,000. It is for the reason that people are gaining experience.