Bitcoin price dropped many times and people think it will continue going down and ending is near. It happened many times already and bitcoin always recovers. Last year I was too discouraged after losing hundreds of thousands of dollars, I sold most of them so I can have peace of mind. But later I realized that if I continued to hold most of my bitcoins I could've saved some instead of dumping them at the lowest price level.
Don't decide dumping of an asset without any good purpose, but once you're temped to do it I guess buying back will follow. Realizing a mistakes will tend to set all things according to the potential of each and every holdings, before gaining the best and sustainable profit. Our investments will only be worthy, once greener days would happen again for the entire cryptocurrency world.
Actually I was trying to diverse some of my Crypto gainz and put some money in stocks and bonds. But they all seem to be soo boring compared to our Rock'n Roll concert. Could've made 50% with some AMD puts, but it would still lose to the yearly increase of my Bitcoin holdings. Obviously, timing the highs and lows and trading based on that is a whole different game. I was talking about long-term without much trading involved.
