Quote from: Chrystora123 on October 28, 2019, 04:07:28 PM

Quote from: GreatArkansas on October 09, 2019, 01:24:16 PM

snip..

what if we reverse the situation. John buys Bitcoin at a price of $ 4k and then the price of Bitcoin goes up to $ 18k, how much bitcoin that John produces and how much bitcoin John is lost, 1 bitcoin is still 1 bitcoin.. if John does not panic and stay calm with the decline in the price of Bitcoin then John will not experience a loss, believe the price of Bitcoin will not forever fall, there will be a time when the price of Bitcoin goes up again.

if I were John then I would remain calm with the bear market and stay focused with my bet. but this is the problem, everyone's way of dealing with problems is very different.

There's no accurate answer to this question, as everyone have it's own views from how to get over with certain loses that caused by the bear seasons, but for most of those investors and traders who understand this market there's no way of letting the money risk more by using it for gambling. Instead, waiting for another cycle as Bitcoin have the capabilities to bounce back. Patience will be tested from holders full understanding.