the price will easily go up in the next few months because everything is more than down from what it used to be before, i am more than confident in that it will happen
Just keep the faith in bitcoin and believe that it would be more valuable in the future. The problem is that when you are new to the market and after you bought, the price went down, it is some kind of frustrating because you are hoping that it would go up and there would be times when it would go down 10% so you are nervous that it would go down more so you tend to panic sell.
Truelly, in every deep in crypto (bitcoin in particular), the depression affects new investors who came in when the price was high, and they face loss. But when investors come in at the point of deep/red tags all round the market, the profit ahead will be overwhelming. This is the best time to invest into crypto currency, cause it won't be good investing at the moon level.
When the volume is low, it would be the perfect time to buy because when the volume picks up, price would increase then. Some people though who are not familiar with how the market behaves, they would buy then when the coin is already up because they are hoping for it to go up more and more often than not, they would become bag holder of the coin until such time they can sell it again at a profit.
This is indeed right. Investing when price is dump will rescue you once you earn from it. We we gotta do is to invest and wait Those two are just easy but requires commitment. If you dont do those two, you will end up in regret and telling yourself that you should have done what you are supposed to do.But it's not yet too late now, you still have time to invest while price is still low.