Too many people give up eventually and that's a sad reality we are living in right now. People shouldn't really give up hope on bitcoin and crypto, it is a wonderful invention that will definitely help everyone. I understand that it may not look great at times or altcoins neither, or there could be some bad stuff going on like crashes, bankruptcies, scams and so forth as well. However, remember that in the fiat world the whole system is built to keep you poor if they can do that, poor and also constantly tired as well.
Because, if you are constantly poor and overworked, then you would not have time and energy to try to stop that, and to the few who does try it, they will be marginalized very quickly so that not many people would hear them or even if they hear them they do not end up being taken seriously at all.
They don't have to give up bitcoin, but they may have to forget about the altcoins in their portfolio forever. Bitcoin is not going to disappoint its investors in the long term, even if it has been in a bearish phase for the whole year. It's always possible to see the potential for this bitcoin price to continue to increase year after year, of course they shouldn't give up without learning something that allows it to grow.
A lot of people have lost thei money in bitcoin because the price has fallen so deeply, but they would not have lost bitcoin if they had been able to hold onto them and ignore the long-term volatility of the market. The cycle is about to change so there is a good expectation of returns even though they bought their bitcoin at $50k or above last year.
Wouldnt really be that considered a complete loss if you arent closing your position or completely sell because you could really be able to hold it off until the market would really be making out its recovery.
When we do talk about Bitcoin investment then there's no other coin in the market would really be giving out that kind of feeling and trust or confidence on which you could really say that it is really that something
which is worth for it to be holded up for long term. Shit things and other negative stuffs could really happen on this market and this is why its not really that shocking if ever we do see some negative news
and the impressions do become worst and it do really make things even more getting worst. Thing here is that you do know on what you should gonna do and you wouldnt really make yourself that easily
get impulsive when it comes to your investment decisions and approach. It is really that according or basing up with your self awareness and experience throughout the market.