BTC uptrend & downtrend (Current Situation)

[croptodic]

Yeah, you are right on your point. It’s not the first time Bitcoin is low in price. Every time it has recovered. And I don’t see any reason why it won’t recover this time. Rise and fall in price is nothing new in the market. Good days are coming, I believe.

[Svelto]

I agreed with OP, glad to see a calm guy here. BTC has gone through many ups and down since the past years, there is nothing to panic about. The past prices have shown that holding will bring the most profits for the non traders.

[zenrol28]

I think the realistic price of bitcoin last year was before the BCH hard fork, after that everything is just a hype. So as of now i think bitcoin has more bottoms to land before throttling to a new heights of above 20k. We need more patience and more money to buy bitcoins when it reach below 5k this year.

[bit-freedom]

I have the same views. The BTC historical prices show us clearly of the uptrend and downtrend. BTC recover every time, it makes no exception this time.

[OfficialAmulet]

OP, it seems like your modus operandi is to make long term investments based on your assessment of the fundamentals of an asset (read: you're not a day trader)
Do you think it would be helpful to have the advice of someone with a similar investment approach and philosophy - and a proven track record, from whom you could get insights? I've often felt that having more resources like this would help folks make smarter investments.

[jesika]

Nice thinking.  I am also finding the reasons for which people are being depressed and sad. Mostly people have invested in this sector without having proper knowledge and study. But if people do that carefully, they would not be sad and can make proper planning.