If you got frustrated from long period of red you do not know bitcoin at all. Do you think it's the first time so? Take a look on the whole history of bitcoin's ups and downs through decade and your frustration will disappear.
Exactly, that the number one mistake many new investor makes, they rush into cryptocurrency without bothering to make adequate research about it.
It is best to read up on it and knows what the market had went through to know if this business is truly for you.
And Yes, there is possibility of making money but it will really take a long time for it to achieve.
Might be time has come for the price to start moving upwards as it has being dumped from a long time. People holding the valuable coins will be rewarded as market has moved till 3875$ and could soon reach to 5k as well and all major coins will rise quickly in this run.
People have been waiting since long but now it is good time which is not so far from us so instead of being worry about upcoming future related to all previous price fall is not good thing people should make mind that fall only comes to give us opportunity to buy some profitable coin at low price and sell our coin at high after holding.
I think it's normal for people to get upset on the market situation if they bought their coins at the peak price and some of them are bag holding it untill now hoping to get a miracle message of bull run, and it's really good to buy right now but the problem is some of the trapped traders didn't have much capital at this moment since some of the people earn a massive loss for the huge market declined happen for the past month.
You are right, due to the fact that we have lost or do hold our previous trades due to cheap price or decline in the market.We cant really make such move because we are still pending and the fact
that we are already afraid to add up more funds if we do still have on our pockets because of the fear on losing even more when the market tends to crash even more lower.
I think you have to stay calm, patience is very important at this time, we are in a very important accumulation phase, some falls may occur, but the important thing is, if you have bitcoin or altcoins, you must maintain, the market It will recover, it is not known when, but at the end of its accumulation phase the upward trend will come.