We got in at $8,000 back in mid-November last year, so first time we're seeing a lost on our investment as price dips below that mark. Still got some other cryptos at a low price, which they are slowly drifting back towards. We didn't invest money that we depend on, just a portion of money that was sitting in a savings account doing nothing. Bitcoin and other cryptocurrencies can do what they need to do now (stay like this or even head down to $2,000 as you said it could), but please perform well when we want an early retirement gift in 10, 20 or 30 years! Like you, HODL-ing for the long-term. If the gains are not great, it's just a portion of the pie (still earning from a job, which we'll put in other investments and even 'da bank').
We would buy low, but our funds are tied up elsewhere. It's a shame! But, it's the name of the game.
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I hope you managed to hodl yesterday, today is a much better day with the SEC hearing's results on the market! :)
Yes, we did. Haven't logged into our wallet since the new year started. We just look at coinmarketcap, chuckle to ourselves and continue with life.
Hopefully, the SEC hearing is to bounce the market out of this downward trend. We shall see! :)