When facing a bearish market condition, it's a good idea not to panic too much. The condition of the bitcoin price correction that has occurred recently is only temporary.
Yes, I know it is temporary, there is nothing permanent about bitcoin price because its price always fluctuates. What even happened few hours ago is not new that the price of bitcoin decreased all the way from $57000 to $40000 and now at $47000. I can not imagine many traders fund that would have been liquidated but holders will still never lossle later.
The key is to stay calm in the face of price swings. With a calm mind, it is not impossible that you will benefit at that time.
That is true, but if someone is too calm, the person will not know when the bearish market is over and the price would have increased already.