Not only years but a decade on which it has been like this and its not totally surprising if you do ask me on which price had been always like this on where it do rise and fall and depending on the market condition.
Everything is random and cant really be known and people should really be having that kind of mindset on where possibilities could happen but not on the sense that we would really be ending up on this market.
Nothing is assured though but we've been through lots of crashes and very bearish market but eventually we do make out some recovery afterwards and we cant really just stay into these levels for a long time.
So instead on freaking out yourself into those kind of conditions then it would be worth if you would be minding on how to get in on cheaper prices.
The constant ups and downs in price are largely attributed to the small size of the crypto market (low liquidity) and lack of regulations. This has been something normal ever since Bitcoin was first listed on an exchange around a decade ago. People are just saying "Bitcoin is dead" because of the market prices going all the way down the drain at a very fast pace. They think Bitcoin is all about money, when in fact, it's more than that. It's a movement, a revolution meant to change our world for the better. I'd focus more on the technology than just relying on it as an investment.
One thing for sure is that it'll never be the end of Bitcoin because of the way it was designed. There are thousands of nodes and miners spread across the globe supporting the Blockchain in every way. For Bitcoin to die, either Quantum computers "crack" the Blockchain or all nodes stop supporting the network altogether. I don't see this happening anytime soon as Bitcoin grows stronger everyday. What we're seeing now, it's just something temporary that will slowly fade away once the hype is revived again. What matters is decentralization above all else. As long as this is prioritized, Bitcoin will last a lifetime. Just my opinion
Once they had step their foot into this market then they should at least make themselves fully aware on how volatility works and how unpredictable market do really looks like though for starters then it is really normal to commit out some mistakes or errors but if you are constantly making out mistakes despite of the long duration you've been here on this market then there's something wrong with you.
Doubts about other matters is normal but most of the time this would be talking emotional aspect.We arent that dumb on not to notice out those common things attached and
what problems it do causes and on the time they are seeing this market is declining then this is where they do start on freaking out and making such conclusions which arent even
realistic.
