What if we just ignore the crazy December FOMO push?

I'm new to trading and have no idea what I'm talking about. This is more of a question than an analysis.
There seems to be a steady uptrend of BTC value if you ignore the December 2017 FOMO crazyness. Longer periods of time to me paint a clearer picture and it looks like HODL is the right approach.

If I compare my portfolio to December 2017, BTC is a terrible investment, but what about looking at the longer trend? It looks like it's up and going higher?
Is this a naive point of view?