Buying and holding volatility usually hurts; then came 2018

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IPATH S&P 500 VIX SHORT-TERM FUTURES ETN DUE 1/30/2019 (NYSE: VXX) Delayed: 18.09 -0.79 (4.18%)
Previous Close $18.88    52 Week High $40.93 
Open $18.28    52 Week Low $9.30 
Day High $18.28    P/E N/A 
Day Low $18.03    EPS $0.00 
Volume 3,004,767