I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.
For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.
i haven't been in bitcoin for long but i continue to learn from experience and also the advice of those who have been in bitcoin for a long time. bitcoin won't be at the top forever nor will it be at the bottom forever, this is the best advice I've ever gotten from one of the old members on this forum.
Nothing is permanent, but the best advice in this situation is to take advantage of the bitcoin opportunity that has been presented to you, invest until it is exhausted, and earn money while you still have the opportunity. Because we cannot predict the future, we must earn money from bitcoin while it is still in existence. I would also add that all of the coins, stocks, and foreign exchange rates are currently in the red, with a number of countries once again suspending the opening of their tourism markets.
Apart from investing in Bitcoin I think we also need to invest our money in some of the top altcoins,
and much safer for sure than buying meme coins although it can be said that the market is currently down,
it's just a matter of time sooner or later everything will return to the green zone