Anyone else feel like one of the bitcoin losers? We hear a lot about all the winners, now including some 15 year old child, but very little on the currency's losers. I got swept up in the mania last November and dared to invest my life saving into purchasing 1 bitcoin, just as it was near peak. That turned out to be a terrible purchase for me as the value dropped since, so bitcoin has only ever lost me money. Anyone else in my boots? I'd still like more bitcoins but going on my past 6 months my confidence and trust in this new currency has been shattered.

Buying one bitcoin and holding it is a bad strategy to begin with. You should look into "dollar cost averaging", a way of spreading the purchase of something like bitcoin which can be broken down into smaller chunks so as to get the most for your money. Basically, instead of paying 1000 usd for one bitcoin, you would be better off if you spent 100 usd each week for ten weeks. Obviously, there are times this would not work, like if you compare buying one chunk just before a huge rally, but since it is impossible to predict what the price of bitcoins will do it is a better investment to spread out your purchases.
This also works in the other direction. Instead of selling one bitcoin, you should sell 0.1 bitcoin each week for ten weeks to get the most USD.
But moreover, rather than just sitting on a single bitcoin and watching from the sidelines, you should try to find ways to use bitcoins. And whenever you spend some, just buy more at the market rate to replenish your supply. Bitcoins are a wonderful invention, and if you look you will find places where it is beneficial to have them. Take advantage of those opportunities.