nah, in 2011 Bitcoin was having a quick death (from $30 to $2), and in 2012 a slow death.
2011 was way worse, and yet you still had people saying "oh no dont buy even at 2, it will go to 0.1". Lol, idiots.
Nah, 2011 was still more bullish than 2014.
Jan 2011 = $0.55
Sep 2011 = $3.25
~500% gain
Jan 2014 = $815 average
Sep 2014 = $480
~40% loss
Exactly!
Price of Bitcoin is always going up and down, all the time (not just this year).
So, when price is down, like now, it's perfect time to buy and keep.
When price is up, sell and earn profit!
You loose only when you decide to sell in panic, for low price.