As long as my credit is good, I am a buyer long past the point of despair. When I start to feel the fear and depression, I cheer myself up by buying more. I take some amphetamine and a shot of whiskey, if that's what it takes.
Until people have obligations which can only be discharged in monero, there are no forced buyers, and volatility extremes will persist. Just about the only thing that can give you a permanent loss is selling - especially forced sales from leverage.