Explanations like this is what most of this community needs to revive their trust to bitcoin again, what is the most important thing here is that "dont look on short term graph of crypto you are holding but look on the graph as whole.

Though we cant blame those people who buy on its peak price last december 2017, they really have a big loss right now but if they sell their bitcoin and didnt wait for a better timing they already accepted their loss and we cannot do anything about it.

If people really believes in btc, there is no point of losing hope since btc has proven it's worth in the previous years. You may check out the history of btc and then you will know that what happen it the current btc market is merely a temporary fluctuation. People should not get affected with this dip and don't let their emotions overpower with their decision making.

People are freaking out but these types of crashes are normal for bitcoin.  Bitcoin has experienced these major crashes at least four other times and it always comes back to a new all time high.  I believe the bottom has already been hit and we won't hit 3600 again.  Honestly, I didn't think bitcoin would crash this much because I thought the market was more stable this time around but the hashing wars are the main cause of all of this.

I understand that it seems hard from the current perspective but the most important value of all serious investors is patience. BTC is here to stay and that is the fact. This bearish period is hard and seems impossible to recover but it will. The impact of all cryptocurencies lead by BTC is great and you can easily see how all cryptos are becoming part of everyday market fluctuation and money transfer. I agree that BTC will probably not recover as fast and as easily as it did in the past but the growth is inevitable. As I said, patience and just forget about you BTC wallet for the next couple of years until it settles. And the actions that investors are taking are not helping as well, all the major news are mentioning capitulation of the investors. I am reading through news for days now and most of them are mentioning that the bottom was already reached and that BTC is about to reverse. I strongly believe in that.

Me im not yet losing hope why for me its just a stage to get our dreams just wait bitcoin will not going away just hold and buy more as of now

Just remember we are still early adopters, with everything happening in this space I thing mass adoption is coming soon. with the institutional money looking at blockchain now and Bakkt on the horizon it is only a matter of time before prices go back up.

You will have to consider on how many holders are now and how many traders playing with the price. That is history my friend and its way far from now.

They became wise making profit from the dump and pump. Before it is just faith because of the lack of exchange.
That is one more to consider again. The number of exchange, also those who are hacked and scam.

I think there is hope that Bitcoin will recover and reach new highs.
It is in a bearish crisis that will soon end..

afraid of the loss that many people experience today, so many of them hold sales, so that almost all cryptocurrency prices go down, in my opinion the current price reduction is an opportunity to make a profit, because this decline is only temporary.

indeed, actually panic will not make us profitable, it will actually make us lose, lose assets and also time. however, if we are not good at managing strategies in trading, HOLD will also complicate us, when we see good moments and potential, but we have to hold coins, when we decide to hold, we also leave the moment, and finally when the coin have this moment, towards the price we expect. we regret why not cutloss and move to the coin earlier.