Damn, I did panic sell in 2018 and I wish I never did that. Anyways time is passed and I can not recuperate my loss it's better to begin again from zero. You're correct those who purchase the bitcoin in 2018 and hold it tight they're currently rich and making the most of their benefit. I think it's the incredible illustration of those bitcoin clients who don't care to stand by I realize I am one of them however I learn from my lesson how bitcoins blase you with profit if you hold tight on your investment and never do the panic sell.
There is always the risk of losing your investment, so we must be aware and prepared for that. Luckily for me, i was able to sell my bitcoins back in 2017 when the price went up to $20,000 before it drastically went down.
The thing with holding crypto is, it's a high risk - high reward, long term investment. Just like the saying "don't put all your eggs in one basket", you must not put everything into it. You must only invest what you can afford to lose.
yeaa I agree on that, I also did a panic sell in 2018 and I sold all my bitcoin investments for that time but I decided keep my ethereum investments for a possible pump, bacuase I saw a real power and use cases behind the ethereum project. That was the main reason why I sold my bitcoins, because I didn't see anything real supporting the project but I did a mistake and there is not possibility to bring these btcs back so we have to move one and keep these coins/alts with a solid project behind, like ethereum and hold them for some more years. In my opinion, ethereum can increase the price faster than bitcoin, so if you invest X money today, you will get a better profit than if you invested on btc, but that's my personal opinion.