btc is going to recover today!! 25-01!
afther breakout 11555 we wil go to 12K!
# dont sell in panic
# dont sell in lose
# dont invest all money what you have
BTC Comes always back!
Absolutely. No matter how many times history repeats itself by first people spreading FUD because of a new government regulation or ban, then bitcoin crashing, then stabilizing and going up again, poeple don't learn the lesson.
Don't close your position with such big of a loss. Either take a small loss and cash out, and buy back later when price is lower or cash out when the bull market's near its top position. Don't cash out when you're already taking a 50% loss. It makes zero sense.
Also as you said, it should be stated that you shouldn't put all of what you have into bitcoin, if you're here for the short term, unless you're prepared for short term crashes like this.
The price has been gradually increasing for the past day, and i think it will continue to coming into the next week.