In 2017 price was so high and it was more than our expectation but it is only because we really supported and people invested for long term without any problem, but suddenly whales attacked the market and they sold so many coin at once which made the price down, so in 2018 price was low but now again there is a hope that market will recover and price will be high once again.
It was clearly because of FOMO, people got caught with it, they think BTC will still rise and it will change their lives.
People learn their lessons the hard way, their wrong mentality that investing in bitcoin could give quick profit lead them to big loses, but it's still not the end. They can still make profit with investing in crypto, if they will be patient enough and start to be realistic.
Yes youre right, and such a thing pisses me off a lot. I know a lot of my friends that does that. Theyve been talking about cryptocurrency since over five years I started it and now they are regretting that they didnt get in with me when I did because they thought that the price isnt going to increase. Till today, they are still not ready to invest because they are afraid the price will go down. If youre not ready to take the risk, then youre not ready to achieve anything yet.
Even the bull run we had in 2017, it took like a year before it happened. There was a bearish trend starting from 2015 to the year 2016. So, bull run doesnt happen in every year. If its like that, then this would no longer make any sense. And this is not a place for those that are looking for how to be earning quick money, nah thats not going to work out. I like it how it is, if you cant have patience, you leave for those that can have patience.