It's that time again, where bitcoin(and pretty much almost every other non-stablecoin cryptocurrencies) does a huge nosedive. This is just a reminder that whatever amount you've "lost" with the market crash, in the end, it's just money. Money can be made back in the future through multiple various ways, whereas you have only
one life to live. It's not the end.
Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list:
https://en.wikipedia.org/wiki/List_of_suicide_crisis_linesTimes like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
EDIT (July 20th 2021): The entirety of the cryptocurrency markets is going to goblin town again. Just a quick reminder to keep your time preference high. The day I posted this topic(March 13, 2020), bitcoin's price was around $5000. Hodling works, ladies and gentlemen.
This has been going on since the beginning of time for people who are in control of their finances. It is also common in the stock market that you really need to weather the stormy times to be able to enjoy the rainbow afterwards. There are two reasons that you should continue to hold cryptocurrencies in my mind: 1) You have lots of spare cash available and have committed to "investing" some of it over a long timeframe (ideally 5+ years) or 2) You think there is a solid reason that Bitcoin will recover and continue to rise in price. Either way, if you're checking your investments each day and let it affect your thoughts then it is probably too risky for you - so put your money somewhere safer but you won't benefit if the volatility causes a price rise.