I don't own bitcoin, although I could have and should have, I opted to "wait and watch," on several ridiculous occasions. Much like you, every time I saw the price drop, my first thoughts were..."there goes that bubble, it finally burst," only to find out a few weeks/months later that it had done more than just rebound, it had achieved an "all-time" new high.
I did the same thing with Steemit when it came online. I joined back in August of 2016 as a lark. My boss told me about this "new" kind of social media platform built on the back of a blockchain...wait, isn't that the same thing supporting Bitcoin, I thought to myself...long story short, I signed up, then over the next few weeks I started publishing posts, following certain people, upvoting their posts, etc.
At first I didn't think this would pan out to be profitable. In the early days upvotes didn't earn you much of a reward unless you were swimming around the blow hole of a whale. I eventually stopped coming to the site...at the time my account was valued at approximately $285.00 (not enough to retire early, let alone quit my day job).
After 5-6 months of inactivity, I opened my account to take a look around and see what had changed. The value of my account was the first thing I noticed...I hadn't done anything in the previous 5-6 months...hell, I even closed down my automatic Steem Voter account...and yet my account was now valued at roughly $2,500.00 (WTF happened while I was away).
I started posting content again, nothing regular, and really not with any purpose or motivation behind what I was doing...there's money to be made here, I better get to it...then it happened again...I got busy with the day job and dropped off the Steemit map, as it were.
When I jumped back in here a few weeks ago, my account had ballooned to a little over $15,000...again, with very little activity on my part...the price of Steem was continuing to rise...and I was missing out.
Now, I am in the process of deeply researching every aspect of the Steem blockchain...well, at least the parts that don't require an 8 year degree in Geek Speak...posting, commenting, curating...and I've come to believe that Steem is going to be my Gateway drug to other cryptocurrencies. As soon as I am done with this research, I'll be using Steem to make investments in other crypto markets...with the end game goal of retiring early...like by the end of 2018, or the beginning of 2019...lofty goals to be sure, and I have a ton of work ahead of me...but I shall not be taking a break from Steemit again!!!