Is this crash a good buying opportunity?

Is it time to Buy Bitcoin? Sell Bitcoin? Or just hold Bitcoin?

I have a answer for you. Technical analysis and Video at the end.

I dont really know! (edit: maybee i do know, made a little short term technical analyis, things change so fast in crypto) It could rise back up to 20000$ soon or it could drop to 500 Bucks in the next 48 hours.

But i can tell you what i do know and how i made my own decisions. This Crash is a reality check for all of us. It reminds us, that Cryptocurrencys have amazing potential, but in the end are exactly this: Amazing potential. Cryptocoins are a promise. A dream for the future. A big speculativ gamble, with some revolutionizing technology behind it. All of this Coins are completely overvalued, in relation to their momentarly intrinsic value. Maybee they catch up in the future and maybee some of them will be even worth way more then now.

But i personally, have a great percentage of my Assets in Crypto. I am okay with loosing it all. But i dont will buy more at the moment, because losing more would make me feel like a fool. Missing out potentially 200% Gains would be just a learning experience.

The only reason, that i would buy more Cryptos in the next Days, would be a dropdown over another 90%. Then i will open my Fiat Wallet. Then i believe strongly this market is worth more then that.

Dont get me wrong, i love Cryptos and i believe in it. But everybody has to take responsibility for his own decisions. And nobody really knows, what will happen next in the market at the moment.

So what ever you are doing, dont make yourself feel like a fool if you are wrong.

EDIT:

In this moment a Businessfriend from Austria called me, and asked where he can buy Bitcoin. He saw how amazing cheap it is at the moment. I know one person says nothing about the market. But maybee its a hint about our collective mind is shifting right now. And certainly i will sleep very good after this little call from my friend.

EDIT 2:

As i am writing this Bitcoin is forming a reversed head and shoulders. Which indicates a trend reversal! Of course this only a indicator for the short term behaviour but i like it!

Best

David