For me, as long as bitcoin is fighting and have resistance then no point of worrying too much. As long as I can see that there's still people buying, using and trading bitcoin and there's resistance to go much lower then I'm still on this ride.
Right... A terrible market for investors who don't understand how bitcoin is driven. Although the case of the fall in the price of bitcoin is not the same from year to year, this technology is quite well used in the financial sector. Anyone who is familiar with this technology, surely will not leave it. For some traders, this might be a nightmare.
Well for some newbie traders, its a nightmare because no one has seen this dramatic fall although I have seen others making a prediction as early as 2018 that we will see a dramatic fall but not of this magnitude.
We can't really do anything but we do have a choice. HODL. There's no way that you should sell at this point otherwise you will just take a loss. And everyone should look at their investment for the long haul because that's what's separate a smart investor to a a dumb investor. Those dumb investors panics sell their coins and then bitch around, while smart investors stays cools and became rich overtime.